Money and Banking

What is money? Why does money have value?  Where does money come from?  Where and how does government create money?  These are fundamental questions to understanding concepts like inflation, deflation, and government spending.   Below are modules designed to help answer some of these questions.

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FEE offers live online events for people new to the economic, ethical, and legal principles of a free society.

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December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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