How can Mexico best achieve a stable standard of value and, hence, sound money? Mr. Jordan, president and chief …

The government isn’t the only entity allowed to issue money. Private citizens and businesses can too, and throughout U ….S. history, they often have. But private money—as such money is called—isn’t issued much these days. What lessons have our … experiences with private money taught us, and what do they imply for our money today and in the future? …

For more than 200 years, private money systems have operated in the United States, solving problems similar to those … confronting innovative electronic money systems. The high-tech newcomers may be able to benefit from the experience of the low …

Substitutes for government-issued money are produced and used from time to time even in countries like the United …

An examination of the role of sound money in promoting national prosperity, emphasizing the hazards that emanate from …

Gresham’s law, which says that bad money tends to drive good money out of circulation, may account for many nations …’ episodes of money troubles, as far back as ancient Athens. This Commentary discusses the two main explanations for Gresham …

, the money supply, and monetary policy. …

it may have played a big role in shaping the kind of money you carry around in your wallet today. …