Search Results
Journal Article
Lender of more than last resort
Recalling Section 13(b) and the years when the Federal Reserve banks opened their discount windows to district businesses in times of economic stress.
Journal Article
Banking on the government - the Bank of North Dakota turns 75
Journal Article
Interview with Anna J. Schwartz
Anna Schwartz has been an important force in shaping the course of economic research. Her seminal work, A Monetary History of the United States, 1867-1960, co-authored with Milton Friedman, revolutionized the study of money, and her many other books, papers and reviews have also been influential. In this interview she shares her thoughts on money, banking and Trollope.
Journal Article
Sterilized fx
Journal Article
In the light of public disclosure, CRA gains luster
Journal Article
Thomas J. Holmes on Wal-Mart's location strategy
Holmes describes Wal-Mart's location strategy and possible implications for the Ninth District.
Working Paper
Monopolies: Silent Spreaders of Poverty and Economic Inequality
The Covid-19 crisis has exposed the vast inequalities that exist within the US economy. As the virus has spread silently, it has laid bare other crises that face our nation---especially the economic vulnerabilities of the country's poor and marginalized. Many of these vulnerabilities can, in fact, be traced back to a single cause that itself has spread silently, but over the last several decades, not months: Monopolies. That monopolies are "silent spreaders of poverty and economic inequality" was well known to economic and legal scholars of the 1930s and 1940s. Wendell Berge, who was ...