Money and Banks

Are today's CEOs greedy executives who thrive on corporate profits when times are good and when times are bad?

Does the Fed play politics? As Gregory Bresiger recalls, it's been a part of the game for a very long time.

One thing that has achieved Holy Writ with economists and politicians is the Consumer Price Index, or the CPI. Each month, people from Alan Greenspan to traders at the New York Stock Exchange to the economist in the Economics 101 prison await the latest announcement from the US Department of Labor that tells us the change in "consumer prices" from the previous month.

Recorded at Mises University 2001.

The Hirohito gold coin was fixed at a very high legal-tender value in terms of yen. Then the price of gold fell.

Contrary to popular belief, interest rates have nothing to do with money. The attempt to manipulate interest via the money supply can only cause distortions. 

Martin Mayer is one of the few financial journalists to seriously question the claims of the Federal Reserve. Sadly, he does not go far enough. 

Jack Kemp writes in favor of the gold standard. But will his plan bring sound money? Steve Piraino says no.

The Fed, the media, and most economists agree: Spending is what drives an economy forward. Frank Shostak shows why this view is wholly incorrect.

Everyone seems to agree that the printing press will forestall recession—everyone, that is, except the Austrians. Sean Corrigan explains why new money confers no social benefit.