Few, even educated, Americans know much about American monetary history. This is not odd, since few people seem to grasp that elusive concept, money, in our supposedly sophisticated times. We work for ...

A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat money, non-gold-standard money, today, from the perspective of the ...

Bernanke and Blinder, both former U.S. Federal Reserve officials, have written complementary books on the history of central banking and macroeconomic policy in the United States. In contrast to ...

When it comes to understanding the nature of money, times of political tranquility can prove deceptive. The relatively stable order of things gives money the appearance of being natural and ...

The new hall of Monetary History and Medallic Art opens today in the Arts and Industries Building, illustrating major aspects of the development of money economy. Part of Secretary Leonard ...