Introduction Monetary conference calls COP28’s attention to the connection between the current dysfunctional monetary system and environmental degradation, including climate change Chicago, November, 2023 — Last month, from September 29 until October 1, the American Monetary Institute (AMI) held its 19th annual conference on monetary theory and reform. The conference brought together some of the … Continue reading “AMI Statement to the UN Climate Conference COP28”
Category: Monetary Reform
The American Monetary Institute: The View from a Steward
Focus The focus of the American Monetary Institute was and is on the almost unbridled credit creation facility of commercial banks (and its frequent turning off the tap) as a major cause of the destructive booms & busts in the financial sector and its spilling over into the real economy with disastrous consequences … Continue reading “The American Monetary Institute: The View from a Steward”
Additions to Bibliography February 2023
B. Academic Studies on Sovereign Monetary Theory and Reform Armelius, Hanna & Carl Andreas Claussen, David Vestin. 2020. “Money and monetary policy in times of crisis”. Monetary Policy Department and the Payments Department of the Riksbank. Riksbank of Sweden. Economic Commentaries, 4 (11 June 2020): 1-15. Assenmacher, Katrin & Claus Brand. 2018. “The Swiss … Continue reading “Additions to Bibliography February 2023”
Nominating the 2022 Nobel Economics Committee for the 2023 Ig Noble Economics Prize
It is an honor to be awarded the prestigious Nobel Prize in Economic Sciences. This year it went to three American economists “for their research on banks and financial crises”. The lucky recipients were Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig and the Swedish committee titled their justification “Financial Intermediation and … Continue reading “Nominating the 2022 Nobel Economics Committee for the 2023 Ig Noble Economics Prize”
18th Annual AMI Monetary Reform Conference, 2022
The Basics The American Monetary Institute (AMI) will conduct its 18th international monetary conference on Friday till Sunday, October 7-9, 2022. It will be on-line on Zoom. The provisional list of presenters and the schedule are here. Times are in US Central Daytime. In India the Friday session starts 4:30 am IST; the Saturday … Continue reading “18th Annual AMI Monetary Reform Conference, 2022”
Monetary Reform: Simple Spiel
What monetary reform is all about is to promote a bill that has already been drafted in various formulations here in the USA. One in the 1930s and one in 2012. And it concerns a radical change in the current monetary system. In western countries, the proportion of bank money is about 93-97%. If … Continue reading “Monetary Reform: Simple Spiel”
Additions to Bibliography May 2021
Additions to the Extensive AFJM Bibliography May 2021 Dear folks, Find above the link to the fourth AFJM Monetary Reform bibliography update. The list, as is the bibliography itself here on Alpheus and on the AFJM web site, is alphabetized and categorized under Academic Sources, MMT Issue, Advocacy, Supporting Studies, Articles, Videos and Background Studies. … Continue reading “Additions to Bibliography May 2021”
Launch Announcement of Democratizar el Dinero
The Alliance For Just Money is excited to have stepped into the publishing business by releasing a Spanish anthology of a dozen translations of high quality articles on the latest findings in monetary theory and on ongoing improved reasons for real monetary reform. The title is Democratizar el Dinero. Una introducción a la Reforma del … Continue reading “Launch Announcement of Democratizar el Dinero”
Triple-column Comparison
Triple-column Comparison between Modern Monetary Theory (MMT), the Actual Monetary System, and Sovereign Monetary Reform (SMR) A while ago I found a very useful double-column comparison of the concept of the monetary system in Modern Monetary Theory (MMT) and how the monetary system actually functions. The figure is titled: “Overview of MMT Flaws Relative … Continue reading “Triple-column Comparison”
Educational and Promotional Videos
EDUCATIONAL AND PROMOTIONAL VIDEOS ON MONETARY THEORY AND REFORM A. TOP 12 Videos B. Videos Produced in the Monetary Reform Movement C. Other Monetary Theory and Reform Videos of Interest D. Background Videos A. TOP 12 VIDEOS Bjerg, Ole. 2016. “Where does money come from?“ TEDxCopenhagen. 24 May 2016. Bongiovanni, Joe. 2013. “Why Monetary … Continue reading “Educational and Promotional Videos”