One of the many problems with governments getting involved in setting monetary policy is that the conduct of monetary policy necessarily picks winners and losers. Due to the distributional effects…
Category:
Money
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By the 1880s many people had become fed up with the designs of American coinage. Both silver and gold coins had had the same designs since the 1830s, with the…
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If you thought the worst excesses of the 2008 financial crisis were well behind us then think again. While the first few years following the crisis brought a return of…
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While the $20 double eagle gold coins have long gained attention from collectors and investors, the less-appreciated $10 eagle coin was for decades the standard gold coin intended for circulation.…
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Most people under retirement age never experienced the days of circulating silver coinage. And even those old enough to remember them never got to experience them as adults, as base…
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In the minds of too many people in government, especially on the left, the solution to any problem is to spend more money on it. Health care not good enough?…
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Some coin designs, such as the Barber series of silver coins, are so hated by the general public that the US Mint can’t wait to get rid of them. And…
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The reaction against the lack of beauty in American coinage at the turn of the 20th century resulted in some of the finest designs in American coinage history. From the…
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With two spots remaining open on the Federal Reserve’s Board of Governors, President Trump has tapped economist Stephen Moore and former Republican Presidential candidate Herman Cain to fill those slots.…
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While the image of Liberty advancing in front of the sun’s rays is most associated today with the American Gold Eagle series of coins, its design dates back over 110…