Friday, November 13, 2009

The Origins of the Federal Reserve

Murray Rothbard's classic has been republished on Mises.org today.
The national-banking system [established during the Civil War] provided only a halfway house between free banking and government central banking, and by the end of the 19th century, the Wall Street banks were becoming increasingly unhappy with the status quo.

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Born on the Tenth of January

If Tom Cruise was Born on the Fourth of July, then he can thank Thomas Paine, who it can be said was born on January 10, 1776 with the publ...