Has the nation’s experiment with the Federal Reserve been a success or a failure? Does the Fed’s full history contain fewer symptoms of instability than the decades prior to the Fed’s establishment? The infographic below highlights a few reasons the the Fed’s effectiveness should be questioned. You can read the full research here.

>>>Federal Reserve Performance: Have Business Cycles Really Been Tamed?


Infographic by Kelsey Harris/The Daily Signal

Norbert Michel will host Professor Lawrence H. White at The Heritage Foundation Wednesday. They will address Fed policy and other important policy questions. Attend in person or watch online.