In which Craig Benzine teaches you about federalism, or the idea that in the United States, power is divided between the national government and the 50 state governments. Craig will teach you about how federalism has evolved over the...

Born from a series of financial crises in the 20th century, the Federal Reserve, or Fed, controls monetary policy in the United States to ensure economic growth through maximum employment and fair pricing.

Inflation has been perhaps the single biggest issue facing the global economy over the past year and has proven far more persistent than most people originally assumed. But with central banks around the world all raising interest rates,...

Jean-Edouard Colliard is a financial regulation professor at HEC Paris. He previously worked as Economist at the European Central Bank where he gave policy advice to the ECB, including at the highest level. The video describes the recent...

The 1913 Federal Reserve Act created the modern day Federal Reserve system. In this lecture we explain the basics of what the law did and how the Fed influences the economy. Perfect for APGOV students or anyone seeking an overview of US...

People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility because of its power, its insulation from democratic accountability, its lack of...

Global QE without the Fed

In part 3 of INET's interview with Ha-Joon Chang, he says that as the United States stumbles in its role of "buyer of last resort," exporting countries like Germany and Japan have to do the job of rebalancing because structural...

In conversation with Institute President Rob Johnson, Sebastian Mallaby — Paul Volcker Senior Fellow at the Council on Foreign Relations and author of a new book on Alan Greenspan’s tenure as Chairman of the Federal Reserve — parses...