Museum of American Finance

Museum of American Finance The Museum of American Finance is the nation’s only public museum dedicated to preserving, exhibiting and teaching about finance and financial history.
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Join us for a talk with award-winning author and professor Shennette Garrett-Scott on her book, "Banking on Freedom: Bla...
09/30/2020
Shennette Garrett-Scott on

Join us for a talk with award-winning author and professor Shennette Garrett-Scott on her book, "Banking on Freedom: Black Women in US Finance Before the New Deal."

This program is FREE, but only registered guests will receive the Zoom link: http://bit.ly/Garrett-Scott

Join us for a talk with award-winning author and professor Shennette Garrett-Scott on her book, Banking on Freedom: Black Women in US Finance Before the New Deal.

Museum of American Finance's cover photo
09/24/2020

Museum of American Finance's cover photo

Join us for a virtual lunchtime program with author Lawrence Cunningham, in conversation with financial correspondent As...
09/24/2020

Join us for a virtual lunchtime program with author Lawrence Cunningham, in conversation with financial correspondent Astrid Doerner, as they explore Warren Buffett's approach to management and corporate life.

This program is FREE, but only registered guests will receive the Zoom link: http://bit.ly/cunninghamevent

Join us for a virtual lunchtime program with international economist, global money manager and author Nicholas Sargen, i...
09/22/2020

Join us for a virtual lunchtime program with international economist, global money manager and author Nicholas Sargen, in conversation with award-winning financial journalist Consuelo Mack. They will discuss Sargen's latest book, "JPMorgan's Fall and Revival: How the Wave of Consolidation Changed America's Premier Bank."

This program is FREE, but advance registration is required. Only registered guests will receive the Zoom link. Register at: http://bit.ly/sargenmack

Museum of American Finance's cover photo
09/16/2020

Museum of American Finance's cover photo

Join us for a virtual lunchtime event with Joel Greenblatt, professor, award-winning author and Managing Principal and C...
09/15/2020

Join us for a virtual lunchtime event with Joel Greenblatt, professor, award-winning author and Managing Principal and Co‐Chief Investment Officer of Gotham Asset Management, on his latest book.

This program is FREE, but advance registration is required. Only registered guests will receive the Zoom link. Register at: https://bit.ly/32xGUZK

Join us, in partnership with the Fordham Gabelli Center for Global Security Analysis and the CFA Society New York, for a...
09/10/2020

Join us, in partnership with the Fordham Gabelli Center for Global Security Analysis and the CFA Society New York, for a virtual lunchtime program with Ed Freeman on his latest book, which offers a new narrative about the nature of business, revealing the focus on responsibility & ethics that unites today’s most influential companies.

This program is FREE, but advance registration is required. Only registered guests will receive the Zoom link. Register at: http://bit.ly/freemanevent

#OTD in 1963, nearly a quarter million people gathered in the nation’s capital for the March on Washington for Jobs and ...
08/28/2020

#OTD in 1963, nearly a quarter million people gathered in the nation’s capital for the March on Washington for Jobs and Freedom. There, Reverend Dr. Martin Luther King, Jr. delivered his famous “I Have a Dream” speech. The peaceful protest was a legislative success, as after a decade of marches, the Civil Rights Act of 1964 was signed into law by President Lyndon B. Johnson.

This 2013 commemorative bronze medal was displayed in our presentation of The Museum of UnCut Funk's exhibit, “For the Love of Money: Blacks on US Currency.” The medal legislation states, “Reverend Dr. Martin Luther King, Jr. and his widow Coretta Scott King, as the first family of the Civil Rights Movement, have distinguished records of public service to the American people and the international community… Dr. King preached a doctrine of nonviolent civil disobedience to combat segregation, discrimination and racial injustice… While raising four children, Mrs. King devoted herself to working alongside her husband for nonviolent social change and full civil rights for African Americans.”
#civilrights #civilrightsmovement #mlk #marchonwashington

Full text of King’s speech can be found here: https://kinginstitute.stanford.edu/king-papers/documents/i-have-dream-address-delivered-march-washington-jobs-and-freedom

ICYMI: Robert Shiller, Yale professor and Nobel Laureate, discussed his latest book, "Narrative Economics: How Stories G...
08/14/2020

ICYMI: Robert Shiller, Yale professor and Nobel Laureate, discussed his latest book, "Narrative Economics: How Stories Go Viral and Drive Major Economic Events" in our July event. Watch it here!:
https://youtu.be/1vVvFKFbThQ

08/12/2020
Hamilton: The Musical, The Man, The Story

ICYMI: Yesterday MoAF Chairman, Richard Sylla, and MoAF President, David Cowen, participated in a discussion of the life and influence of Alexander Hamilton, and what he means today. Find out how Hamilton would've governed today in this Financial Narrative event video:

https://youtu.be/76LZGZV4eqU

#alexanderhamilton #hamilton

In celebration of Hamilton the Musical coming to Disney+, Financial Narrative hosted a conversation with Hamilton luminaries: The Fearless Girl creator Steph...

#OTD in 1936, Jesse Owens won his fourth gold medal at the Berlin Summer Olympics. Owens was the first American track & ...
08/09/2020

#OTD in 1936, Jesse Owens won his fourth gold medal at the Berlin Summer Olympics. Owens was the first American track & field athlete to win four gold medals at a single Olympiad, winning the 100m, 200m, 4x100m relay and the long jump events. He matched or bested nine Olympic records and set three world records. His historic performance disproved Hitler's myth of Aryan supremacy.

This 1988 bronze medal that commemorates Jesse Owens for his "athletic achievements and humanitarian contributions to public service, civil rights and international goodwill," was included in our 2017 exhibition of The Museum of UnCut Funk's "For the Love of Money: Blacks on US Currency."

#JesseOwens #BlackHistory #History #TeamUSA #Olympics

The Summer 2020 issue of Financial History is available now! Articles in this issue include: "New Deal or Raw Deal?: Bla...
08/04/2020

The Summer 2020 issue of Financial History is available now! Articles in this issue include: "New Deal or Raw Deal?: Black Americans in the Roosevelt Years," "Presidential Impeachment and US Stock Markets" and "David Dodd: Out of Ben Graham's Shadow." Read it for free here: https://fhmagazine.org/financial-history-134-summer-2020/0850549001596540706

#NewDeal #BlackAmericans #Roosevelt #Impeachment #StockMarket #DavidDodd #BenGraham

07/29/2020
Financial Impact of Past Pandemics – Important Lessons for Today

The impact of past pandemics on the US economy and markets has important lessons for today, as does the record growth in both monetary and fiscal stimulus. MoAF Trustee Consuelo Mack interviews MoAF Chairman Dr. Richard Sylla on this timely episode of WealthTrack: https://wealthtrack.com/the-financial-impact-of-past-pandemics-has-important-lessons-for-today-says-historian-richard-sylla/

Sometimes we need to step back from the tumult around us and get some historical perspective which is what we are doing in a special WEALTHTRACK podcast this...

07/28/2020
Larry Cunningham on NTD News

Check out this interview with MoAF Trustee Larry Cunningham on NTD News, as he discusses his latest book, "Margin of Trust: The Berkshire Business Model." Stay tuned for details about our virtual event with Larry on this topic in early October.

https://vimeo.com/440068598/e7850572d9

This is "Larry Cunningham on NTD News" by GW Law on Vimeo, the home for high quality videos and the people who love them.

These 1933 wooden tokens from the Museum's collection are scrip from North Bend, Oregon, in 50¢ and $1 denominations.#hi...
07/24/2020

These 1933 wooden tokens from the Museum's collection are scrip from North Bend, Oregon, in 50¢ and $1 denominations.

#history #financialhistory #financemuseum #woodenscrip #scrip

07/23/2020
“Out of the Vault” (Part 8)

#OTD in 1934, Ben Graham, the father of value of investing, inscribed the first copy of the first edition of his book, "Security Analysis," to his friend and business partner Jerry Newman. To see the inscription and other fascinating objects from our collection, check out our final installment of Out of the Vault: https://youtu.be/GZXf1eXVdR8

#Quotron #JFK #Disney #warbonds #HowardHughes #RKO #SecurityAnalysis #BenGraham #JerryNewman #ValueInvesting

This is part eight of the Museum of American Finance's new video series based on its “Out of the Vault” exhibit. “Out of the Vault” (Part 1): https://youtu.b...

This wooden nickel in the Museum's collection celebrates the Richland County Centennial (1841–1941). On the back, it sta...
07/22/2020

This wooden nickel in the Museum's collection celebrates the Richland County Centennial (1841–1941). On the back, it states "This Certificate is issued as a Souvenir by the Richland County Centennial Association in commemoration of the County's One Hundredth Anniversary. Exchangeable in trade at any store or bank in Olney, Ill. Redeemable by bearer if desired, and not mutilated, in U.S. coin, if presented at Olney Trust & Banking Co. on or before 12 o'clock noon, August 6, 1941."

Learn more about the company that produced the wooden nickel here: bit.ly/woodnickel

#history #financialhistory #financemuseum #woodennickel #scrip

07/21/2020
www.fhmagazine.org

In continuing with our wooden scrip theme, learn more about the emergence of scrip in the Depression era, particularly the history of wooden scrip in the Washington town of Tenino, which has started using scrip once again during the pandemic, in "From Cash to Scrip: The Stock Market Collapse of 1929 and the Rise of Fake Money." This article by Ralph Blumenthal appeared in the Fall 2019 issue of Financial History magazine.
https://fhmagazine.org/financial-history-issue-131-fall-2019/0125530001573747744/p13

Special thanks to Museum volunteer Andrew Schmidt for the article recommendation!

07/21/2020
CBS Sunday Morning

Check out this great segment on the revival of wooden scrip in the town of Tenino by CBS Sunday Morning. The Museum has a few pieces of wooden scrip in its collection that we'll be posting this week. Stay tuned!

During the Great Depression when cash was hard to come by, Tenino printed its own scrip; now, the antique printing press is working again to produce currency for those hard-hit by the COVID shutdown. https://cbsn.ws/30o5NEM

Today we remember US Representative John Lewis for his lifetime of service to our nation and his unending pursuit of civ...
07/18/2020

Today we remember US Representative John Lewis for his lifetime of service to our nation and his unending pursuit of civil rights and social justice. #goodtrouble

This 2015 bronze medal that "commemorates the Foot Soldiers who participated in Bloody Sunday, Turnaround Tuesday or the final Selma to Montgomery Voting Rights March in March of 1965, which served as a catalyst for the Voting Rights Act of 1965" was included in our 2017 exhibition of The Museum of UnCut Funk's "For the Love of Money: Blacks on US Currency." John Lewis was integral to these marches, in particular, and to the whole civil rights movement, working toward social justice until his death.

On Tax Day 2020, we look back to 1861 and the administration of President Abraham Lincoln. To assist in covering the cos...
07/15/2020

On Tax Day 2020, we look back to 1861 and the administration of President Abraham Lincoln. To assist in covering the costs of war, Treasury Secretary Salmon P. Chase and members of Congress conceived of new revenue sources, such as the nation’s first income and inheritance taxes. The first Revenue Act of 1861 allowed the federal government to collect a 3% tax on annual personal incomes over $800 at a time when the average income was only $150 (later Revenue Acts created more refined and graduated taxes). New infrastructure was needed to collect the new taxes, so Congress created the Bureau of Internal Revenue, which some referred to as an “army of tax collectors.” The new taxes created during the Civil War generated extraordinary revenues for the Union and paid for a quarter of its wartime expenses.

To learn more about this object, from the Collection of John E. Herzog, which was featured in our 2013 exhibit, "Checks & Balances: Presidents and American Finance," click here: https://www.moaf.org/exhibits/checks_balances/abraham-lincoln/political-cartoon

07/14/2020
“Out of the Vault” (Part 7)

Stock market crisis over? In the latest installment of Out of the Vault, we look at some Great Depression artifacts and discuss market uncertainty leading up to and during the crash. Did FDR as Governor of New York know how to react? Watch Part 7 of our video series to find out!: https://youtu.be/RxcSCakjTHw

#GreatDepression #stockmarket #crash #FDR #ticker #tickertape

This is part seven of the Museum of American Finance's new video series based on its “Out of the Vault” exhibit. “Out of the Vault” (Part 1): https://youtu.b...

Join us for a free virtual lunchtime program with Dan Simon, author of "The Money Hackers: How a Group of Misfits Took o...
07/13/2020

Join us for a free virtual lunchtime program with Dan Simon, author of "The Money Hackers: How a Group of Misfits Took on Wall Street and Changed Finance Forever." Dan will discuss "Innovation in Crisis" in a conversation with MoAF President David Cowen.

Thursday, July 30, 2020 | 12:00 PM to 1:00 PM EDT
Register now!: bit.ly/3fD7Qvj

#Innovation #Crisis

#OTD in 1804 Alexander Hamilton and Aaron Burr squared off in a duel in Weehawken, NJ, during which Hamilton was mortall...
07/11/2020

#OTD in 1804 Alexander Hamilton and Aaron Burr squared off in a duel in Weehawken, NJ, during which Hamilton was mortally wounded. To learn more about Hamilton, Burr, the duel and what Gouverneur Morris said of Hamilton after his death, take a look at Part 5 of our Out of the Vault video series: https://youtu.be/bKg7jtmTaRI

#alexanderhamilton #aaronburr #hamilton #duel

Don't miss our lunchtime program with MoAF Chairman Richard Sylla, as he examines the financial and economic effects of ...
07/09/2020
Richard Sylla on

Don't miss our lunchtime program with MoAF Chairman Richard Sylla, as he examines the financial and economic effects of several historical pandemics and compares them to the COVID19 crisis.
July 14, 12–1pm EDT
Register now!: http://bit.ly/RichardSylla
#pandemic #Finance #Economy #pandemics #COVID19

Join us for a lunchtime program with MoAF Chairman Dr. Richard Sylla, as he examines the financial and economic effects of several historical pandemics and compares them to the COVID-19 crisis. Conversation will be moderated by MoAF President David Cowen.

#tbt: Lin-Manuel Miranda and MoAF President/CEO David Cowen pose with the replica dueling pistols in the Museum's collec...
07/02/2020

#tbt: Lin-Manuel Miranda and MoAF President/CEO David Cowen pose with the replica dueling pistols in the Museum's collection as Alexander Hamilton looks on from the background. (2014)
Who else can't wait to see the Hamilton Musical tomorrow? #Hamilton

Engraving of #GeorgeWashington, complete with bald eagle, hat, sword and signatures from the Declaration of Independence...
07/01/2020

Engraving of #GeorgeWashington, complete with bald eagle, hat, sword and signatures from the Declaration of Independence. Happy early Independence Day! http://bit.ly/GWEngraving
#ArchivesHashtagParty #ArchivesHuzzah #IndependenceDay #FourthofJuly #July4th

07/01/2020
YouTube

Stocks and bonds and tickers, oh my! Check out the latest installment of Out of the Vault to see which famous figures in finance we have represented in our collection!
https://youtu.be/zc_U4p3MrWM

Want to learn more about blockchain and bitcoin? Join us in one week for our free virtual lunchtime program with Profess...
06/30/2020
William Magnuson on

Want to learn more about blockchain and bitcoin?

Join us in one week for our free virtual lunchtime program with Professor William Magnuson on his latest book, "Blockchain Democracy: Technology, Law and the Rule of the Crowd."

Register now!: bit.ly/WMagnuson
July 7, 12–1pm EDT

Join us for a lunchtime program with author and professor William Magnuson on his latest book.

Join us for a free lunchtime program with MoAF Chairman Dr. Richard Sylla, as he examines the financial and economic eff...
06/25/2020

Join us for a free lunchtime program with MoAF Chairman Dr. Richard Sylla, as he examines the financial and economic effects of several historical pandemics and compares them to the COVID-19 crisis.
July 14, 12–1pm EDT
Register now!: bit.ly/RichardSylla
#pandemic #Finance #Economy #COVID19

Join us for a free virtual lunchtime program with author and professor William Magnuson on his latest book, "Blockchain ...
06/23/2020

Join us for a free virtual lunchtime program with author and professor William Magnuson on his latest book, "Blockchain Democracy: Technology, Law and the Rule of the Crowd."
July 7, 12–1pm EDT
Register now!: http://bit.ly/WMagnuson
@profmagnuson

#blockchain #Bitcoin #democracy #technology

Join us for a free lunchtime program with Yale professor and Nobel Laureate Robert Shiller, as he discusses his latest b...
06/18/2020

Join us for a free lunchtime program with Yale professor and Nobel Laureate Robert Shiller, as he discusses his latest book, "Narrative Economics: How Stories Go Viral and Drive Major Economic Events."
July 1, 12:00–1:00pm EDT
Register now!: bit.ly/RShiller

Join us TOMORROW for a free lunchtime program with veteran CNBC reporter Bob Pisani, in conversation with "WealthTrack" ...
06/15/2020
Bob Pisani in Conversation with Consuelo Mack on

Join us TOMORROW for a free lunchtime program with veteran CNBC reporter Bob Pisani, in conversation with "WealthTrack" anchor and executive producer Consuelo Mack, as they discuss what the financial markets may look like in the post-COVID world.
June 16, 12:00–12:45pm EDT
Register now!: bit.ly/PisaniMack
#pandemic #covid19 #financialmarkets

Join us for a lunchtime program with veteran CNBC reporter Bob Pisani, in conversation with

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Finance impacts everyone. As a socially relevant organization, the Museum of American Finance seeks to improve understanding of the influence of financial institutions and capital markets on the US and global economies, and on individuals’ lives. The nation’s only independent museum dedicated to finance and financial history educates the public through exhibits, financial literacy programs and public events. The Museum, an affiliate of the Smithsonian Institution, seeks to empower individuals of all backgrounds to strive toward financial independence, while encouraging curiosity and discovery.

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Comments

hi
Hey MOAF! :D Is Financial History Magazine Current Issue and Back Issues available in Print Form?
Thrilled that Mario and I will be sharing "Merger Masters" insights at Museum of Finance/Fordham Gabelli Center event on Nov. 28!
This video was produced a few years ago by MarketVoice Magazine, a publication of the Futures Industry Association. The video includes interviews from folks who traded open outcry in the New York and Chicago futures and options trading pits. Truly and End of An Era.