“An investment in knowledge pays the best interest.” —Benjamin Franklin
Monetary Reform and Public Banking
- “Web of Debt: The Shocking Truth about Our Money System and How We Can Break Free,” by Ellen Brown
- “Public Bank Solution: From Austerity to Prosperity,” by Ellen Brown
- “Banking on the People: Democratizing Money in the Digital Age,” by Ellen Brown
- “Fixing the System: History of Populism, Ancient to Modern,” by Adrian Kuzminski
- “The Lost Science of Money: The Mythology of Money, the Story of Power,” by Stephen Zarlenga
Modern Monetary Theory
- “Macroeconomics,” by William Mitchel, L. Randall Wray, & Martin Watts
- “Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems,” by L. Randall Wray
- “Understanding Modern Money: The Key to Full Employment and Price Stability,” by L. Randall Wray
- “Managing in a Global Economy: Demystifying International Macroeconomics,” by John E. Marthinsen
- “Money, What it is, How it works,” by William Hummel
- A Primer on Money (1964) explains in simple, everyday language how our monetary system works and indicates where it needs reform. This is a Congressional Subcommittee Report authored by Congressman Wright Patman.
- Money Facts (1964) 169 Questions and Answers on Money — A Supplement to “A Primer on Money.”
“Money Facts” is a series of questions and answers on the basic workings of our monetary system.
- Benjamin Franklin and the Birth of a Paper Money Economy by Farley Grubb, “Benjamin Franklin’s life spans most of the first epoch of paper money, and he is its most insightful analyst and ardent defender.”
- “A New Monetary System,” by Edward Kellogg. A new monetary system the only means of securing the respective rights of labor and property, and of protecting the public from financial revulsions.
- “The Role of Money: What It Should Be, Contrasted with What It Has Become,” by Frederick Soddy.
- “Wealth, Virtual Wealth and Debt: The Solution of the Economic Paradox,” by Frederick Soddy.
- “Tragedy and Hope: A History of the World in Our Time,” by Carroll Quigley. “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”
- “Direct Credits for Everybody: Showing How Capitalism Will Work,” by Alfred Lawson
- Articles by Ellen Brown
- Articles by Richard Cook
- “Understanding Money,” by John H. Hotson. From the article: “…Governments got into this mess by violating four common sense rules regarding their fiscal and monetary policies. These rules are:
1. No sovereign government should ever, under any circumstances, give over democratic control of its money supply to bankers.
2. No sovereign government should ever, under any circumstances, borrow any money from any private bank.
3. No national, provincial, or local government should borrow foreign money to increase purchases abroad when there is excessive domestic unemployment.
4. Governments, like businesses, should distinguish between “capital” and “current” expenditures, and when it is prudent to do so, finance capital improvements with money the government has created for itself.
- “The Money Myth Exploded,” by Luis Even. One of the most popular articles to explain how money is created as debt by private banks.