Posts Categorized: Economics

The Three Prongs of Monetary Reform

By Dr. Lucille Eckrich, Associate Professor, Illinois State University Introduction While there remains much educational, organizing, coalition-building, and lobbying work to do in the United States, technically monetary reform efforts are as advanced here as anywhere. Monetary reform legislation is already written and was first introduced as H.R. 2990 on September 21, 2011, by Representatives… Read more »

Summary of the NEED Act

H.R. 2990 (112th): National Emergency Employment Defense Act of 2011 The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress. Summary 9/21/2011–Introduced. National Emergency Employment Defense Act of 2011 – Replaces Federal Reserve notes with United States Money. Instructs the Secretary of the Treasury to… Read more »

The US should reject Socialism, but embrace Social Democracy

Fake news, fake opinions and fake political analyses are everywhere. The following little video by conservative commentator Steven Crowder is a perfect example of mixing truth (Socialism is bad) with fiction (Europe is socialist & US capitalism is good) to promote a false image of both the USA and Europe and thereby presenting false choices.[8]… Read more »

Formulations of the Three-Point Policy Proposal for Monetary Reform

Introduction. Modern monetary reform aims at three inter-connected changes of the monetary system, which unity is essential and therefore for many non-negotiable. This is a compilation of different formulations of essentially the same three points. Most formulations are intentionally triple-pointed and some are differently constructed even while more or less covering the same proposals. This list is… Read more »

A Viable Solution to the Economic Crisis

By Robert Poteat, Director, American Monetary Institute The Problem: The 1913 Federal Reserve Act Arguably the greatest attack on humanity in all of history was made December 23, 1913, the enactment of the Federal Reserve Act by the Congress and President of the United States. It was the culmination of centuries of political, financial, intellectual,… Read more »

The New Abolitionism

The New Abolitionism – Monetary Reform and the Future of Social Justice By Rev Delman Coates. Introduction by Editor. Rev. Delman Coates, Ph.D., is the Senior Pastor of the Mt. Ennon Baptist Church (Clinton, MD) and President of the Black Church Center for Justice & Equality. He is a monetary reform activist and embraces the… Read more »

Stephen Zarlenga – Wiki Entry

Stephen Zarlenga (1941-2017) was a researcher and author in the field of monetary history, theory and reform. Italian philosopher Giorgio Baruchello called him a “maverick intellectual”.[1] In 1976 Zarlenga served on the board of the American Institute for Economic Research (AIER) of Great Barrington, Massachusetts.[2] In 1996 he co-founded the non-profit charitable trust The American… Read more »

In Memory of Stephen Zarlenga

Dear friends of the monetary reform cause, Last April 25 Stephen Zarlenga, the founder and director of the American Monetary Institute,  passed away at his residence in Palatine, Illinois. He was cremated in a private ceremony at Elegy Cremation and Memorial Services, Arlington Heights, Illinois. His friends are organizing a memorial event, details of which… Read more »

Environmental Virtue Ethics–Review

Environmental Virtue Ethics Philip Cafaro and Ronald D. Sandler (editors) Lanham, MD: Rowman & Littlefield, 2004. Print. A Review-essay by Josef Mathews “No Man is an Island,” writes poet John Donne. The idea contained in those words is a profound and timeless truth. It refers to the sea of connections that bind human beings. Environmental… Read more »

TPP: What Could Possibly Go Wrong?

By Nick Egnatz. The TPP (Trans Pacific Partnership) is a treaty between the U.S. and 11 other Pacific Rim nations. Together with the TTIP (Trans-Atlantic Trade and Investment Partnership) between the U.S. and the European Union countries and TiSA (Trade in Services Agreement) between the U.S. and 49 other nations, the three treaties represent what… Read more »