Council for Economic Education
Econ Ed Link: Multipliers and the Mystery of the Magic Money
Young scholars learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and how the Federal Reserve uses the reserve requirement and loans to correct economic instability.
Smithsonian Institution
History and Archaeology: The Financial Panic of 1907: Running From History
In this article from Smithsonian Magazine, the author interviews Robert F. Bruner, who co-wrote the book, The Panic of 1907: Lessons Learned from the Market's Perfect Storm, published in 2007, before the meltdown in the U.S. economy...
Auburn University
Auburn University: Glossary of Political Economy Terms: Monetary Policy Defined
This site provides a very thorough definition of the economic concept of monetary policy. The explanation is by Dr. Paul Johnson of Auburn University
Khan Academy
Khan Academy: Monetary Policy: Foundational Concepts
Are you ready to be the next chair of the Federal Reserve? Practice your skills applying monetary policy here!
US Department of the Treasury
Secretaries of the Treasury: Carter Glass
The accomplishments before, during, and after Carter Glass's tenure as Secretary of the Treasury are chronicled in this biography. A portrait of Glass is also provided.
Ohio History Central
Ohio History Central: Federal Reserve Act
A brief description of the creation of the Federal Reserve, a banking system that established twelve district banks across the nation.
University of Nebraska Omaha
University of Nebraska: My Money [Pdf]
A teaching resource with teacher guides, lesson plans, and a test of money for grades 4, 5, and 6. Includes exercise sheets.
Siteseen
Siteseen: American Historama: Federal Reserve Act
Provides a summary and detailed facts about the Federal Reserve Act that set up a regional Federal Reserve System to restore the confidence of Americans in banks.