Positive Money supporters have been attending hustings events up and down the country to question their candidates on money creation. Here, …
Archives for April 2015
Quantitative Easing for the people, not for the banks! (Video)
In a letter to the Financial Times, 19 economists sign a call for the ECB to inject QE money directly into the real economy, either through …
What are Economists Saying About Iceland’s Sovereign Money Proposal?
A study recently commissioned by the Icelandic prime minister, Sigmundur Gunnlaugsson, and written by Frosti Sigurjonsson, displays an …
A mistaken estimate of what QE can do? (A response to John Hearn, IFS)
In a recent letter to the FT, 19 prominent economists suggested that there were better ways to boost the Eurozone economy and employment …
Bank Robbery: Inequality and the Banking System
Chapter 2 (You can read the Chapter 1 here) Extreme inequality is the main economic, political and cultural evil of our times. This chapter …
Why the failure of Kaupthing Edge teaches us nothing about full reserve banking (A response to Dow, Johnsen and Montagnoli)
In their paper "A critique of full reserve banking", Professor Sheila Dow, Alberto Montagnoli and Gudron Johnsen argue that the failure of …
Iceland: Fundamental reform of the monetary system must be considered
“Fundamental reform of the monetary system must be considered.” Says head of Iceland Parliament’s Committee for Economic …