Federal Reserve

Related Freeman Articles

Feature

Epic Fail: 100 Years of the Fed

How monetary nationalism wrought havoc, but cryptocurrency can save us

DECEMBER 17, 2014 by JEFFREY A. TUCKER

For a hundred years, central bankers have tried to bring scientific management to money. And in that time, we've seen a string of failures. Can cryptocurrency replace this monstrous system?

Article

Our Inflated Thanksgiving

INTERACTIVE GRAPH: What does the Federal Reserve have to do with your Thanksgiving dinner?

NOVEMBER 26, 2014 by CHUCK GRIMMETT

It isn't the cost of our food that's been rising; it's the amount of US currency in circulation. (See interactive graph.)

Blog

Postscript on Years Ending in 13

JANUARY 04, 2013 by LAWRENCE W. REED

In my January 2 essay "Beware of Years That End in 13" I explained why 1913 was an awful year and expressed the view that 2013 could hardly be worse. That was before I realized that the Congress that just commenced in Washington is the 113th. Creepy? Inauspicious? I report, you decide.

Feature

Wrapping an Enigma in a Mystery: Why Inflation Is So Misunderstood

OCTOBER 31, 2012 by RICHARD W. FULMER

Inflation wouldn't be so hard to understand if it wasn't wrapped up in so much untruth, wishful thinking, and misdirection, Richard Fulmer says.

Article

Capital Letters

AUGUST 29, 2012

The Calling

The Parable of the Broken Traffic Lights

Bad signals.

MARCH 15, 2012 by STEVEN HORWITZ

The irrationality, dear friend, is not in our markets but in our government, that is, the central bank.

The Calling

We Had To

The fallacy of no choice.

MARCH 01, 2012 by STEVEN HORWITZ

The language of "had to" may be nothing more than rhetorical cover for a self-interested power grab.

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Related Publications

News

Federal Reserve Essay Contest

OCTOBER 06, 2011 by BRIAN AITKEN

The Foundation for Economic Education is proud to announce the 2011 Eugene S. Thorpe Writing Competition. Writers of all ages are invited to address the following: "Should the Federal Reserve be abolished? What monetary system should replace it?"

Multimedia

Lawrence W. Reed on Backbone America

DECEMBER 18, 2009

Multimedia

The Gold Standard

NOVEMBER 09, 2009

Article

Stealth Expansion of Government Power

Government Expansion Drives Every Policy Coming Out of Congress

AUGUST 20, 2009 by MURRAY WEIDENBAUM

In the inevitable tension in public policymaking between economic prosperity and income redistribution, for the next several years the American people can expect that income equalization will get the government's priority over improvements in people's living standards.

Archive

Federal Reserve

JULY 14, 2009 by KEIR KETEL

Archive

Monetary Policy

JUNE 26, 2009 by KEIR KETEL

Archive

Inflation as Income Distribution

JANUARY 09, 2009 by SHELDON RICHMAN

The Federal Reserve has been pumping hundreds of billions of newly created dollars into "the economy." Much of that money has been sent to Wall Street to bailout large, struggling firms. But that's just the beginning. President-elect Obama says that since he needs to "stimulate the economy" we can look forward to trillion-dollar budget deficits for years to come. Even before the financial turmoil began, the deficit had approached $500 billion. (Not to worry, though--Obama says deficit spending will impose "fiscal discipline" in the future.) Of course, when the federal government spends more than it taxes, it has to get the extra money somewhere. Therein lies the treachery.