The Jackson Hole symposium (meeting, conference, summit) is referred to every which way in the media and even by Fed people themselves.

One hundred and fifty years ago, the Morrill Act was signed into law, transforming the face of American higher education.

The official name for the economics prize is the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

As the FOMC continues to shape its communication strategy, perhaps it should consider opera. On August 6, 1979, Paul A. Volcker became chairman of the Federal Reserve Board, and shortly afterward a very short opera was broadcast attempting to explain to the general public the pros and cons of raising interest rates. The opera (11 min.) was masterminded by Robert Krulwich, a creative broadcast journalist who’s still going strong using radio to explain complex scientific and economic concepts to the layman. Although the broadcast is very comical, it isn’t comic opera!

O. Henry (William Sydney Porter), one of America’s most beloved short story writers, is famous for ending his stories with a twist.

Elements of finance and banking have found their way into novels for a long time (see one ist of sites about such fiction.

In 1949, engineer/economist A. W. H. (Bill) Phillips unveiled a mechanical economic model, the Phillips machine, which could demonstrate—by pushing colored water through clear pipes—how money moves through the economy.

When was the last time a speech by a Federal Reserve official contained a full-length poem?