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Money & Banking

Michael Hudson on Junk Economics: Highlights from our interview

Michael Hudson on Junk Economics: Highlights from our interview

The Next System Project’s Adam Simpson sat down with renowned economist and economic historian Michael Hudson to discuss economic deceptions old and new for a podcast interview. read more
A glowing sign reading "Higher Ed Not Debt" above a university campus

Wiping the Slate Clean: Quantitative Easing, “Cancelling” Student Debt, and the Latent Power of the Fed

Could quantitative easing be used to cancel $1 trillion of student debt? And if so, what else could it and similar monetary policies accomplish? read more
Monetarily, We Are Already In The Next System…

Monetarily, We Are Already In The Next System…

Money is created out of nothing, by many different entities, “endogenously.” It appears as a financial asset on someone’s balance sheet and a liability on someone else’s. read more
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Resource: Public Banking Institute

The Public Banking Institute is working on transforming the monetary and banking system to function in the public interest, resulting in broadly shared prosperity. read more
Resource: Pennsylvania Public Bank Project

Resource: Pennsylvania Public Bank Project

The Pennsylvania Public Banking Project, a 501(c)(3) nonprofit organization, is now working across the commonwealth and in Pittsburgh to demonstrate and eventually bring to fruition the benefits of public banking. read more
Manifesto for a Post-Growth Economy

Manifesto for a Post-Growth Economy

It is time for America to move to a post-growth society, where working life, the natural environment, our communities and families, and the public sector are no longer sacrificed for the sake of mere GDP growth. read more
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For Rio+20: A Charter for a New Economy

The situation we face today is so dire that we should consider new initiatives in the context of a fundamentally different approach to economic life. In short, what the world needs is a new economic paradigm. read more
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America the Possible: A Manifesto, Part I

The time for reforms is past. Now, we must work towards true transformative change to a new economic system. read more