Swiss ‘vollgeld’ referendum seems to have been as much a fraud as Brexit

I understand that Positive Money’s (PoMo) replacement book on ‘Modernising Money’ has been cancelled and that they are refocussing in favour of research and shorter campaigns such as that which endeavours to stop further sell-off of the Royal Bank of Scotland and others like the report as to how and why the Bank of England… Read more

What a state we’re in

I see Fintan O’Toole is, again, pointing out the inconsistencies and logical failures of the two remaining prospective Conservative Party leaders. Indeed, as he implies, if there were actually a technological solution to the ‘Irish backstop’ then they do not need to bother their not so pretty little heads about it. Because a border without… Read more

The Wörgl Experiment

I discovered this short video on the Austrian Wörgl Experiment, by Hollis Doherty, who is as may be too apparent, an actress, and also a writer. She has apparently written the screenplay for a film, “The Miracle in Wörgl”, though, unfortunately, I can’t find evidence of it having been actually made. Still it describes well an… Read more

Outsourcing political decisions can be dangerous for democracy

Something else this ‘mysterious’ Professor of Eighteenth Century Studies from the University of Indiana, Bloomington, said was: “Money, like law, is a POLITICAL creation and (like law) it works most smoothly (if not fairly) when it is not recognized as such. Depoliticised money/law means we have something uniting us.” This may be a form of… Read more

What gives money value

I was intrigued by a Professor of Eighteenth Century Studies at the University of Indiana, Bloomington, whose name is unfortunately lost in an FT article I cannot now access. But… this Professor was asked to write about Italian mini-BOTS and assignats. “Some would say they’re complete opposites: assignats “backed” by land, mini-BOTS by nothing. But… Read more

The David McWilliams Podcast

Introduction Prof David McWilliams is an Irish economist, broadcaster and author and has recently launched a new podcast. McWilliams is ranked as one of the World’s most influential economists according to rise.global. The podcast is not wholly about Ireland and diverse topics are discussed. What is interesting is that McWilliams is very much on the… Read more