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"Money"
- A Monopoly Board That's Too Rich for Wall Street 10/13/2010
The world’s most expensive incarnation of the Monopoly board game is headed to Wall Street. An 18-karat gold version of the famous Parker Brothers board game will be on display beginning Friday at the Museum of American Finance.
- Kids Club Saturday 07/31/2010
Bring the family to the Museum's “Kids Club” event, which will feature fun money-themed activities and programs for children in grades K-12.
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- Marc Chandler on Making Sense of the Dollar 02/10/2010
Marc Chandler, Global Head of Currency Strategy for Brown Brothers Harriman and author of Making Sense of the Dollar: Exposing Dangerous Myths About Trade and Foreign Exchange, will speak at the first event in the Museum's 2010 Henry Kaufman Series.
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- Credit Crisis is a Big Draw for Finance Museum 08/22/2009
The Museum of American Finance was faced with an awkward situation recently: some of the corporate sponsors of the museum — dedicated to glories of free markets — had, well, failed.
- Museum is Tracking the Credit Crunch March 26, 2009
The Museum of American Finance's new exhibition, "Tracking the Credit Crisis," starts its timeline in February 2007 when Mortgage Lenders Networks USA, the nation's 15th largest subprime lender, filed for bankruptcy, and tracks the fall of other firms to the present day.
- Talk and book signing with Niall Ferguson on "The Ascent of Money" 12/10/2008
Lecture, book signing and reception with author Niall Ferguson on "The Ascent of Money."
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- Banking on Art: Diverse Perspectives on Financing the Art Market 09/24/2008
How do art dealers, auction houses and specialized lenders support art acquisitions? Please join us at the Museum of American Finance for a lively panel discussion on financing the art market.
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- Talk and Exhibit Tour with Ken Winans 09/18/2008
Talk, exhibit tour and book signing with Ken Winans, author of "Investment Atlas." Free admission. Reservations recommended.
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- Financial History, Issue 90 Spring 2008
Few of us question the little slips of green paper that come and go in our wallets, purses and pockets. While we may obsess over how much we have at any one time, we do not subject the notes themselves to close scrutiny: most of us cannot remember (without looking) which scene goes with what denomination, or even the secular saints whose portraits adorn the front. Our ignorance is a testament to just how secure we feel about the currency and how little we need to question the underlying value of these scraps of paper. The money is in our hands, it is green, and it has a number on it: that is all we need to know. It was not always so. In the years between the Revolution and the Civil War, money inspired not faith, but nagging doubt and scrutiny.
- Financial History, Issue 87 Winter 2007
Wall Street suffered its first crash in March 1792. In a matter of weeks, U.S. government securities comprising the national debt lost a quarter of their value. Shares of the Bank of the United States, founded in 1791, fell 30 percent. Shares of the new Society for Establishing Useful Manufactures fell 45 percent. A more seasoned issue, Bank of New York shares, declined just under 20 percent. Defaults and bankruptcies were numerous. As confidence and trust collapsed, a pall fell over New York and, to a lesser extent, the Philadelphia and Boston securities markets. But potentially damaging economic consequences of the panic were avoided, it is now quite clear, by very modern central-bank-like interventions orchestrated by Secretary of the Treasury Alexander Hamilton.
- Financial History, Issue 82 Fall 2004
Back when the United States was primarily a primarily an agrarian society, the banker, the doctor, the preacher, the lawyer and, in a way, the bar owner, were the enduring pillars of each town. It was the town banker, however, who enabled the farm-centric communities to survive and thrive.
- James MacDonald, "A Free Nation Deep in Debt: The Financial Roots of Democracy" 04/29/2004
MacDonald, a former investment banker, examines the historical linkage between political freedom and public debt, showing why representative governments have been able to borrow more cheaply from citizen lenders than autocratic heads of state who do not consider their citizens to be equals.
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- Financial History, Issue 80 Winter 2004
Now that the fossil record clearly shows that some dinosaurs evolved into birds, it should not be such a surprise that almost all of the first 12 companies on the Dow Jones Industrial Average (DJIA) are still around. Their names reek of turn-of-the-century incipient industrialism: Tennessee Coal & Iron, American Cotton Oil, Distilling & Cattle Feeding. But well into the Information Age, only one on the debut list of May 26, 1896 is entirely gone. The U.S. Leather trust, the only preferred issue of the first Dow Dozen, was dropped in 1905. The trust was dissolved in 1911, and hardly a trace of the company or the industry remains in this country.
- Niall Ferguson, "Empire: The Rise and Demise of the British World Order and the Lessons for Global Power" 04/10/2003
The British Empire was the largest in all history: the nearest thing to global domination ever achieved. The world we know today is in large measure the product of Britain's Age of Empire.
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- Financial History, Issue 78 Spring 2003
2004 marked the 20th anniversary of the re-emergence of securities trading in the People's Republic of China. In 1984, the government approved the issuance of the first publicly issued stock since 1949. The issuing company was the state-owned Beijing Tian-Quio Department Store, which issued a three-year fixed interest rate stock that resembled a three-year bond in Western financial markets. Beginning in 1990, China also permitted the establishment of 24 regional stock exchanges to trade the slowly expanding number of new shares. In late 1990, China formally re-established two fully functioning national stock exchanges, one in Shanghai and one in the southern Chinese city of Shenzhen. All Chinese share trading was gradually moved to these two exchanges, beginning in late 1990. After 12 years of rapid growth, China again became a major stock market in the Far East, third in size after Japan and Hong Kong.
- Curriculum Guide: Money
A classroom guide to the Museum's Money Room, including learning objectives, vocabulary, discussion questions and a classroom activity.
- Elementary School Activity Sheet
Exhibit-based games and activities for students in grades K-5.