The Corner

‘Time to End the Fed?: The Origin of Central Banking and Possible Alternatives’

This is an informative video on the role, history, and problems of the Federal Reserve and central banks in general. The Cato Institute’s Dan Mitchell makes the case that the Federal Reserve has a dismal track record and bears significant responsibility for almost every major economic upheaval of the past 100 years, including the Great Depression, Seventies stagflation, and the recent financial crisis. And yet it always seems to get more powerful over time.

This is the first of a series in which Mitchell will look at the different alternatives to a central banking system, such as a gold standard, free banking, or monetary-rule-based banking.

Veronique de Rugy — Veronique de Rugy is a senior research fellow at the Mercatus Center at George Mason University.

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U.S.

Columbia 1968: Another Untold Story

Fifty years ago this week, Columbia students riding the combined wave of the civil-rights and anti-war movements went on strike, occupied buildings across campus, and shut the university down. As you revisit that episode of the larger drama that was the annus horribilis 1968, bear in mind that the past isn’t ... Read More
Culture

Only the Strident Survive

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Poll Finds Nevada Voters Support School-Choice Programs

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World

Microscopic Dots. Let’s Look at Them.

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