money

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The Story of Money

Ed Moy, former Director of the U.S. Mint, shares five vignettes (“four births and a death”), which illustrate the evolution of modern concepts of money. Read More ›
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Currency Trading Is in Chaos — It’s Time to Reconsider the Gold Standard

Trade theorist Paul Krugman, imperious in his Nobel crown; Christine Lagarde of the International Monetary Fund; some 370 economists including 19 Nobel Laureates; and even David Stockman, formerly of the Reagan White House, all agree: President Donald Trump is a menace to world trade and prosperity. As a free-trading supply sider, I once shared these fears. However, I was wrong. Read More ›

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Portraits / images / the eyes of famous leader on banknotes, currencies of the most dominant countries in the world i.e. Japanese yen, US dollar, Chinese yuan, Australian dollar. Financial concept.

Follow the Money

If you want to catch a criminal or terrorist, does it make sense to “follow the money”? A “yes” answer makes sense if you can identify at least one of the individuals or institutions connected with the suspected wrongdoer. However, if you are trying to follow money flows in general or all money flows, it is not likely your work Read More ›