Debt: the First 5000 Years – a new book about an old problem

From David Graeber, the author: ============= Hello, friendly strangers, I’m delighted to announce my new book…. ——————————————— DEBT: THE FIRST 5000 YEARS ——————————————— is finally, finally out! http://www.amazon.co.uk/Debt-First-5-000-Years/dp/1933633867 This is a work of scholarship, and politically engaged, but it’s also an attempt to break out of the usual academic and activist ghettoes, and I wrote [...]

Issuing Money: a ‘Unique’ Form of ‘Terrorism’!?

The New York SUN has published an interesting Editorial on March 20, 2011:A ‘Unique’ Form for ‘Terrorism’, comparing Bernard von NotHaus who has been coining the Liberty Dollar (site removed due to Court Order!) with Ben Bernanke the boss of the Federal Reserve. Von Nothaus wanted to bring our monetary system on trial. Now the [...]

Mervyn King’s view on ‘the new politics’

This blog entry by Channel 4 economics editor Faisal Islam indicates how the Bank of England pulls the real financial strings behind the political scene and how the City of London runs Westminster and thus the country, not to say the world. If only it was common knowledge that 1. the first national debt was [...]

A Banking System We Can Trust (!?)

This article is written by two professors of economics at Boston University. Thus it does not address the “fuel” that flows through the economy. It is “watered down” by “credit money” for the benefit of the financial economy, while clogging up all activities of the real economy. Making people responsible rather than companies is a [...]