The People Want Their Money Back, Part 1: WHY a National Monetary Commission?
By Joe Bongiovanni. AFJM Legislative Action Committee, March 2020. Over the years, many have questioned the necessity of establishing a Congressionally-mandated ‘Commission’ to inquire into the national money system with the goal
“Dominant Money” by Joseph Huber: A Review and Commentary by John Howell
Introduction. “Dominant Money” is a descriptive paper, not a prescriptive paper. In it the monetary theorist and activist Dr. Joseph Huber describes the change he sees currently taking place in
Greenbacks Not Bailouts Cure for National Emergency
The largest concern of our leaders today is not COVID-19, but rather the trade losses of investors Our economic system is not designed to assist the public in the event
MR and RCT: Can We Design a Monetary Reform Experiment on a Sub-National Scale?
Abhijit Banerjee, Esther Duflo and Michael Kremer just received the 2019 Nobel Price in Economics. Banerjee and Duflo are husband and wife working at MIT and Kremer is at Harvard,
A Parable: On Money – On Counting Money – On Money Accounting – On Capitalism
Deep History and Background. It was sometime in the late ‘60s when my Dad was visiting his Long Island manufacturing plant where I was working on the production line as
On Money: The Libra versus Sovereignty
A US-based progressive monthly, The Nation, just published an article about the Libra by MMT enthusiast Rohan Grey, titled: “Facebook Wants Its Own Currency. That Should Scare Us All. Instead
Global Problems and the Culture of Capitalism
In 2011 I took a sociology class on global social problems. Three texts were required and one of them, Global Problems and the Culture of Capitalism by Richard Robbins, stood
The Coming Monetary Transformation: Revolution or Evolution?
By Joe Bongiovanni. Surely the answer to that question must depend on your personal views, like beauty – lying in the eye of the beholder. But your particular answer matters
The Major Problems with Bank Money Creation
By Tim Di Muzio. Any complex civilization will organize itself using some form of technology and as Polanyi noted in The Great Transformation, all will have some type of economy.
The Necessity for Monetary Reform and a Just System of Money
By Nick Egnatz. A human population of 7.7 billion people has put a tremendous stress on Mother Earth. Our need for energy has caused us to indiscriminately pump carbon into