Fed Up. Matthew Yglesias explains how the Federal Reserve System works, and why progressives should care. A more recent column: What is "Austrian economics"? (And why is Ron Paul obsessed with it?) And the Economist has a roundup of heterodox economic theories: Austrian economics, neo-chartalism/MMT (previously), and market monetarism.
posted by russilwvong on Jan 9, 2012 - 34 comments

A Look Inside Two Central Banks: The European Central Bank And The Federal Reserve [PDF], 2003 article comparing and contrasting their basic structure and management from the St. Louis Federal Reserve Bank's magazine Review (blue ribbon for Most Generic Magazine Title). Author Patricia S. Pollard is now with the IMF. [more inside]
posted by XMLicious on Nov 17, 2008 - 2 comments

Money as Debt. Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple graphic terms what money is and how it is created.
posted by psmealey on Nov 24, 2007 - 61 comments