The Real History of the Fed: Why It Didn’t Take a Miracle (Or a Conspiracy!) to Pass

The following is a guest post by Steven Horwitz, Charles A. Dana Professor of Economics at St. Lawrence University. Perhaps because money and finance are among the most complex and obscure parts of economics, a variety of cranks and conspiracy theorists have historically aimed their arguments against any number of monetary institutions and practices.  In the last hundred … Continued