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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...

Forbes contributors publish independent expert analyses and insights. The historical vignettes we have about the era of private, profit-making money are the stuff of classical American history. We ...

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 ...