Challenging the Economics Profession
“What We’ve Got Here Is — Failure to Communicate.” The line by actor Strother Martin playing the Captain (warden) of a 1950s Florida chain gang, is delivered to Paul Newman,
Proposal for a Political Program around Monetary Reform
Introduction by the Editor. In the crucial and readable study Debt as Power the authors Tim Di Muzio and Richard Robbins not only give a historical overview of how debt
What is our current money system?
Private bankers create our money as debt-credit Today, the private banking system creates about 98 percent of our national money, which we use as bank account entries or cash bills. Private banks create
The Constitution and a Just System of Money
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and
Guide to the NEED Act
Guide to the NEED Act (National Emergency Employment Defense Act of 2012). The NEED Act (National Emergency Employment Defense Act), introduced in 2012, but not adopted by Congress, is not
Modern Money Theory revisited – still the same false promise
By Joseph Huber. To begin with. The title ‘Modern Money Theory’ – MMT for short – signals wide-ranging aspirations, announcing some kind of general theory. However, MMT is more like