Money, Banking and the Federal Reserve

Thomas Jefferson and Andrew Jackson understood "The Monster". But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary new film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

Alan Greenspan is not, we're told, happy about this 42-minute blockbuster. Watch it, and you'll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.

(NTSC format for DVD) or (NTSC format for US VCRs)

The Founding of The Federal Reserve

Recorded in Houston, Texas; October 27, 1984. [1:04:58]

The Founding of The Federal Reserve

Recorded in Houston, Texas; October 27, 1984. [1:04:58]

A Pro-Free-Market Program for Economic Recovery

A Pro-Free-Market Program for Economic Recovery Various Artists Economic Downturn: Cause and Cure

A Pro-Free-Market Program for Economic Recovery

A Pro-Free-Market Program for Economic Recovery Various Artists Economic Downturn: Cause and Cure

The Biggest Lies about Recessions and War

Mark Thornton talks about the Biggest Lies about Recessions and War, at the Prosperity, War & Depression seminar.

Capital, Interest and the Structure of Production

Capital, Interest and the Structure of Production Joseph Salerno Fundamentals of Economic Analysis: A Causal-Realist Approach

Time Preference, Capital, Technology, and Economic Growth

Hans-Hermann Hoppe presents lecture four in his Economy, Society & History series; "Time Preference, Capital, Technology, and Economic Growth" in 2004.

Money and Prices

The second in a series of eight lectures. [55:21]

Demand and Supply, Consumer Goods, Prices and Exchange

The first in a series of eight lectures. [52:51]

Capital, Interest, and Profit

The third in a series of eight lectures. [54:23]

The Revolution of 1913

Recorded at the Mises Institute in Auburn, Alabama; March 17, 20005.  The video version includes a post-lecture Question and Answer session. [55:25]

Austrian Theories of Interest

Murphy explains the process of setting interest rates in a free economy. Recorded June 25, 2003 [42:55]

Money and Banking

Hans-Hermann Hoppe discusses Money and Banking at Mises University on August 3rd, 2004.

Gold or Tyranny

Ron Paul asks; "Gold or Tyranny?" at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005. 

The Role of an Austro-Hedge Fund

 Toby Baxendale talks about The Role of an Austro-Hedge Fund at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Boom and Bust in Property Development

Doug French talks about Boom & Bust in Property Development at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

The Fed and the Political Business Cycle

 Thomas DiLorenzo talks about The Fed & the Political Business Cycle at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Gold is Free Enterprise Money

Walter Block explains that Gold is Free Enterprise Money at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Inflation: North and South

 Mark Thornton discusses the implications of Inflation: North and South, at the Economics of the Civil War Conference in February 2005, presented to the Auburn University Academy for Lifelong Learners.

The Myth of Neutral Interest Rate Policy

Frank Shostak discusses The Myth of Neutral Interest Rate Policy at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.  

International Markets Panel: Muddling Through Armageddon

International Markets Panel: Muddling Through Armageddon

Panelists: M Mueller, Shostak, Williamson

Recorded at the Austrian Economics and Financial Markets Conference in Las Vegas, February 18th, 2005.  

Where in the World? Best Places for Your Money for 2005

 Adrian Day gives the important & somewhat prophetic talk; "Where in the World? Best Places for Your Money in 2005" at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Money, Government and International Politics

Hans-Hermann Hoppe explains Money, Government & International Politics at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Ludwig von Mises, Meet Benjamin Graham: Value Investing from an Austrian Point of View

 Chris Leithner presents the talk; "Ludwig von Mises, Meet Benjamin Graham: Value Investing from an Austrian Point of View" at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Destructive Myths About Money, Interest Rates and Business Cycles

 Joseph Salerno discusses some of the Destructive Myths About Money at the Austrian Economics and Financial Markets Conference in Las Vegas, February 2005.

Money, Mexico, and Mañana

Llewellyn H. Rockwell, Jr. gives his talk, "Money, Mexico, and Mañana" at the Money, Banking, and the New World Order supporters summit in Houston, Texas in 1995.

The Gold Standard Before the Civil War

Murray N. Rothbard discusses "The Gold Standard Before the Civil War" to the Capitol Hill Conference on The Gold Standard: An Austrian Perspective.

Theory Meets Praxis: The Austrian Business Cycle Theory in Today's Economy

Sean Corrigan gives his talk, "Theory Meets Praxis: The Austrian Business Cycle Theory in Today's Economy" at the 2004 Austrian Scholars Conference

The Economic Culture of Boom and Bust

Peter G. Klein discusses the Economic Culture of Boom and Bust at the Prosperity, War & Depression seminar.

Did Greenspan Deserve Another Term?

Joseph T. Salerno asks the question, "Did Greenspan Deserve Another Term?" at the Prosperity, War & Depression seminar.

Capital, Monetary Calculation, and the Trade Cycle: The Importance of Sound Money

John P. Cochran talks about Capital, Monetary Calculation, and the Trade Cycle: The Importance of Sound Money at the 2003 Austrian Scholars Conference.

Time and Money

Professor Roger Garrison is a leader in the field of Austrian macroeconomics, and has had a burning passion for his whole career to present Austrian business cycle theory in terms that mainstream economists can understand and identify. This book represents the culmination of his efforts in that regard.

He sets the Austrian theory against the Keynesian and mainstream theory, and shows how they are different in terms of the relationship between money, interest, capital, and investment. By doing this, he not only shows the precise way in which Keynesian theory makes unrealistic assumptions about the way the world works; he also shows how the Austrian theory more fully captures the actual workings of the market in real-world settings. He thereby goes a long way toward refining the positive theory.

In particular, this volume is useful (and famed) for its clear graphical exposition of the trade cycle theory. He shows the interrelationship between all the factors that affect investment, without leaving out critical dynamic issues such as time and the heterogeneity of the capital stock.

This book is useful for anyone who seeks to gain the clearest possible perspective on the mechanics of the business cycle. But it will be especially appreciated by those who are confronted with Keynesian-style modeling in school or professional life.

The book was published in 2006, and is made available here at a price far lower than the original publisher put on the book. The hope is that it will lead to wide distribution of this important and modern contribution to Austrian macroeconomics.

Presidential Money Mismanagement from FDR to Nixon

Joseph T. Salerno considers Presidential Money Mismanagement from FDR to Nixon at the Reassessing the Presidency Seminar.

War and the Money Machine

Professor Joseph T. Salerno explains War & the Money Machine at the Costs of War Seminar.

Coping in a Bear Market

Sean Corrigan discusses Coping in a Bear Market at the "Boom, Bust, and Future" seminar.

Financial Economics for Real People

Gene Callahan explains Financial Economics for Real People at the "Boom, Bust, and Future" seminar.

The Mechanics of the Business Cycle

Roger Garrison discusses the Mechanics of the Business Cycle for the "Boom, Bust, and Future" seminar.

What the Fed Has Done and Is Doing to Us

Professor Joseph T. Salerno explains What The Fed Has Done And Is Doing To Us at the "Boom, Bust, and Future" seminar.

Theory of Profit, Loss, and Entrepreneurship

Joseph T. Salerno discusses the Theory of Profit, Loss, and Entrepreneurship at Mises University 2003.

Profit, Loss, and Entrepreneurship

Professor Joseph T. Salerno discusses Profit, Loss, and Entrepreneurship at Mises University 2001.

The Free Market and Shareholder Rights

Peter Klein explains Shareholder Rights within a Free Market at Mises University 2003.

Time Preference and Interest

Jeffrey M. Herbener talks on Time Preference and Interest at Mises University 2003.

Capital

Roger Garrison on Capital theory at Mises University 2004.

Capital

Jeffrey Herbener explains Capital theory at Mises University 2001.

The Nationalization of Credit?

The Nationalization of Credit? Ludwig von Mises Audio Daily Article

Capital, Interest and the Structure of Production

Capital, Interest and the Structure of Production Joseph T. Salerno Introduction to Austrian Economic Analysis