The Creature from Jekyll Island is the United States Federal Reserve, created in a planning session amongst the United States’ top financial representatives on Jekyll Island, Georgia. The title comes from G. Edward Griffin's "The Creature from Jekyll Island: A Second Look at the Federal Reserve" and a similarly-themed Tuttle Twins book, "The Creature from Jekyll Island."

In this session, Brian Balfour will examine a history of the U.S. Federal Reserve, its directives in maintaining employment and controlling inflation, and the unintended and often very negative consequences of monetary policy and the role of central banks.

Brian Balfour is Senior Vice President of Research for the John Locke Foundation, where he oversees the organization’s research and analysis on a variety of issues. He previously worked for the Civitas Institute for 13 years, and has a master’s degree in economics from Wayne State University in Detroit, MI.

This lecture was delivered live at the Fall Classical Summit, a regional classical conference held at Thales Academy Apex Junior High-High School on October 7, 2022.

Want to read more of Brian Balfour's work? Interested in economics taught from this perspective? Need a textbook that helps students see the vital principles and intuition behind economic concepts? Check out Brian Balfour's "Economics in Action," a high school economics textbook based on the principles of the Austrian School of Economics, available here: https://amzn.to/3W4cmZs