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Learn about the types, history, and features of U.S. government debt instruments, including treasury bills, notes, bonds, and TIPS. Find out how they are issued, traded, and backed by the full faith and credit of the U.S.
A coupon is a ticket or document that can be redeemed for a discount or rebate when purchasing a product. Learn about the origin, function, and forms of coupons, as well as their taxation and trading issues.
A school voucher is a certificate of government funding for students to choose their own school. Learn about the origins, variations, and economic implications of school vouchers in different countries and contexts.
Learn about the origins and evolution of the central banking system of the United States, from the First and Second Banks of the United States to the Federal Reserve Act of 1913. Explore the role of the National Monetary Commission, the Aldrich Plan, and the Jekyll Island meeting in shaping the Federal Reserve System.
Learn about the history, types, and current status of the federal loan program that provides low-interest loans for students and parents in the U.S. The program, named after William D. Ford, replaced the earlier FFEL program in 2010 and has a large outstanding loan portfolio of about $1.5 trillion.
Linux is a family of open-source Unix-like operating systems based on the Linux kernel, created by Linus Torvalds in 1991. Linux is widely used on servers, supercomputers, embedded devices, and Android smartphones, and is licensed under various free software licenses.
A coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. Learn about the history, valuation, and types of bonds, including zero-coupon bonds that pay no coupons and have a price less than their face value.
Learn about the spending and revenues of the U.S. federal government, the budget process, and the long-run financing challenges. See statistics, charts, and projections of the budget deficit and debt held by the public.
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