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List Of Monetary Reformers
This is a list of monetary reformers from the past to the present according to several schools of thought. Monetary reformers primarily belong to the following groups: *Supporters of publicly issued money who oppose charging interest on issuance of money, formerly called "Greenbackers" in late 19th century United States, *the Austrian School who generally support a return to the gold standard or full-reserve banking, and *the Post-Keynesian economics, Post-Keynesian School who generally wish to regulate or reduce leverage and debt in the economy or direct it to "productive, non-speculative" uses. Most of these groups are critical of fractional-reserve banking, a practice which is described by critics as "creating money out of thin air". According to the Bank of England "rather than banks lending out deposits that are placed with them, the act of lending creates deposits – the reverse of the sequence typically described in textbooks". Public, community and self-issuance of m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Reform
Monetary reform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system. Monetary reformers may advocate any of the following, among other proposals: * A return to the gold standard (or silver standard or bimetallism). * Abolition of central bank support of the banking system during periods of crisis and/or the enforcement of full reserve banking for the privately owned banking system to remove the possibility of bank runs, possibly combined with sovereign money issued and controlled by the government or a central bank under the direction of the government. There is an associated debate within Austrian School whether free banking or full reserve banking should be advocated but regardless Austrian School economists such as Murray Rothbard support ending central bank bail outs (" ending the Fed"). * The issuance of interest-free credit by a government-controlled and fully owned central bank. Such i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dennis Kucinich
Dennis John Kucinich (; born October 8, 1946) is an American politician. A U.S. Representative from Ohio from 1997 to 2013, he was also a candidate for the Democratic nomination for president of the United States in 2004 and 2008. He ran for governor of Ohio in the 2018 election, losing in the primary to Richard Cordray. From 1977 to 1979, Kucinich served as the 53rd mayor of Cleveland, a tumultuous term in which he survived a recall election and was successful in a battle against selling the municipal electric utility before being defeated for reelection by George Voinovich. Due to redistricting following the 2010 state elections, Ohio's 10th congressional district was redrawn in southern Ohio. Kucinich faced Representative Marcy Kaptur in the 2012 race for the U.S. House, Ohio's 9th congressional district having absorbed part of Cuyahoga County. Kaptur defeated Kucinich. In January 2013, he became a contributor on the Fox News Channel appearing on programs such as ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Hargrave
John Gordon Hargrave (6 June 1894 – 21 November 1982), (woodcraft name 'White Fox'), was a prominent youth leader in Britain during the 1920s and 1930s, Head Man of the Kibbo Kift, described in his obituary as an 'author, cartoonist, inventor, lexicographer, artist and psychic healer'. He was a Utopian thinker, a believer in both science and magic, and a figure-head for the Social Credit movement in British politics. Early life Born in Midhurst, Sussex, into an itinerant Religious Society of Friends, Quaker family,Hargrave section of Kibbo Kift website (webarchive) and Ross and Bennett (2015) Chapter 4. Hargrave was the son of painter Gordon Hargrave and his wife Babette Bing, of Jewish Hungarian descent.H. F. Oxbury, "John Hargrave", ''Oxford Dict ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Gray (Queensland Politician, Born 1903)
George Henry Gray (2 October 1903 – 2 August 1967) was an Australian politician. Early life Gray claimed to have been born at Hay, New South Wales on 2 October 1903 to bank manager George Henry Gray and his wife Priscilla Maud Kerr. He grew up near Orange and was educated at Burwood Public School in Sydney, then becoming a grocer's assistant at Thornleigh. He later became a customs officer at Shanghai in China in the mid-1920s. Gray returned to Australia around 1926 and moved to Queensland, becoming a farmer and organiser for the Douglas Credit Party. He contested the 1935 state election for the party, and polled 46.5 percent in the seat of Albert, losing to Tom Plunkett of the CPNP. On 4 August 1939 he was the leader of a raid comprising thirty-seven members of the League for Social Justice on Parliament House in the Queensland capital of Brisbane. The raiders demanded lower unemployment and better conditions for primary producers from the government. Gray and the o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George McElwee
George Johnston McElwee (21 May 1879 – ?) was an Australian engineer and politician. He was born in Launceston, Tasmania. In 1940 he was elected to the Tasmanian Legislative Council as the Labor candidate to represent Launceston, beating the elderly Independent Frank Hart. He held the seat until his defeat in 1946. McElwee joined the Launceston City Council's electrical department as an apprentice in 1896. He was appointed assistant city electrical engineer in 1919 and in 1934 became the superintendent of substations. McElwee was abruptly dismissed in March 1939 and paid one month's salary in lieu of notice. He had earlier publicly criticised the council, including at a royal commission into municipal administration, although the council stated that his dismissal was unrelated. McElwee eventually rejoined the council and retired in 1952 at the age of 73, as the electrical engineer in charge of the Launceston trolleybuses. He also served on the Northern Ambulance Board, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edmund Dwyer-Gray
Edmund John Chisholm Dwyer-Gray (2 April 18706 December 1945) was an Irish-Australian politician, who was the 29th Premier of Tasmania from 11 June to 18 December 1939. He was a member of the Australian Labor Party (ALP). Early life He was born Edmund John Chisholm Dwyer Gray on 2 April 1870 in Dublin, Ireland, the son of Edmund Dwyer Gray, an MP in the British House of Commons and Caroline Agnes Gray. He was the maternal grandson of Caroline Chisholm, the English humanitarian renowned for her social welfare work with female immigrants to Australia. His paternal grandfather was Sir John Gray, the Irish Member of Parliament for Kilkenny City in the House of Commons, and an associate of the Irish nationalist Daniel O'Connell. He was educated at the Benedictine monastery at Fort Augustus, Scotland, and at Clongowes Wood College, a Jesuit school in County Kildare.R. P. Davis'Dwyer-Gray, Edmund John Chisholm (1870–1945)', ''Australian Dictionary of Biography'', Volume 8, Melbo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Credit
Social credit is a distributive philosophy of political economy developed by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt free money directly to consumers or producers (if they sold their product below cost to consumers) in order to combat such discrepancy. In defence of his ideas, Douglas wrote that "Systems were made for men, and not men for systems, and the interest of man which is self-development, is above all systems, whether theological, political or economic." Douglas said that Social Crediters want to build a new civilization based upon " absolute economic security" for the individual, where "they shall sit every man under his vine and under his fig tree; and none shall make them afraid." In his words, "what ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephen Zarlenga
Stephen A. Zarlenga (1941 – 25 April 2017) was a researcher and author in the field of monetary theory, trader in stock market, stock and financial markets, and advocate of monetary reform. Biography Zarlenga's parents Dino and LisaZarlenga (2002b) emigrated from Italy during the Great Depression. He received a Bachelor of Arts, BA in psychology at the University of Chicago in 1963. He worked in the fields of mutual fund investing, commodity trading, real estate, and insurance. In 1996, he founded the American Monetary Institute, established as a charitable trust, 4947(a)(1) trust, dedicated to the "independent study of History of money, monetary history, theory and reform." He authored numerous articles and books, and gave lectures, participated in conferences and gave testimony to government committees, on "monetary reform." He served as director of the American Monetary Institute (AMI) until his death. Theories on money and banking Zarlenga argued that, in a world where "the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Werner
Richard Andreas Werner (born 5 January 1967) is a German banking and development economist who is a university professor at De Montfort University. He has proposed the "Quantity Theory of Credit", or "Quantity Theory of Disaggregated Credit", which disaggregates credit creation used for the real economy (GDP transactions) on the one hand, and financial transactions on the other hand. In 1995, he proposed a new monetary policy to swiftly deal with banking crises, which he called 'Quantitative Easing', published in the Nikkei. He also first used the expression "QE2" in public, referring to the need to implement 'true quantitative easing' as an expansion in credit creation. His 2001 book ' Princes of the Yen' was a number one general bestseller in Japan. In 2014 he published the first empirical evidence that each bank creates credit when it issues a new loan. Early life In 1989, Werner earned a BSc in economics at the London School of Economics (LSE). During his postgraduate studies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edmund Dick Taylor
Colonel Edmund Dick Taylor (October 18, 1804 – December 4, 1891) was an American businessman, politician, and soldier from Illinois. He is remembered as the first person to suggest that the United States should issue paper currency (" greenbacks") during the American Civil War. Early life He was born Edmund Richard Taylor in Lunenburg County, Virginia, son of Giles Y Taylor (1766–1830) and Francine "Sina" Stokes. In later years, he preferred to use his middle name rather than his first name, and used in its short form. Thus he became known as "Dick" Taylor, and his middle initial was written "D" in formal documents. In the fall of 1823, he began general merchandising with Colonel John Taylor in Springfield, Illinois. On 18 September 1829, he married Margaret Taylor (born 28 December 1813 in Kentucky), the daughter of Col. John Taylor and Elizabeth (Burkhead) Taylor. Politics In 1830, he was elected to the Illinois State Legislature, representing Sangamon County. In 1832 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Gibb Stuart
James Gibb Stuart (30 August 1920 – 23 September 2013) was a financial author, owner of Ossian Publishers, and chairman of the Scottish Pure Water Association. He was known for his outspoken opposition to the European Union, and for publishing a book on monetary reform, '' The Money Bomb'', in which he advocates a complete overhaul of British currency, the pound sterling. The Money Bomb When ''The Money Bomb'' was published in 1983, well-documented efforts to quash any publicity clashed with advocacy of its arguments by the Margaret Thatcher Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013) was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime ... government, who were struggling to freeze that country's national debt at twelve billion pound Publications (''Incomplete'') *''The Mind Benders'' - Gradual Revolution and Scottish Independe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Rowbotham
Michael Rowbotham is a political and economic writer and commentator based in the UK who is primarily known for his two books, ''The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics'' (1998) and ''Goodbye America'' (2000). ''The Grip of Death'' ''The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics'' focuses on what he believes to be inequities in the practice of fractional-reserve banking (which he equates with counterfeiting) and the economic distortions he believes to be inherent in the so-called debt-based monetary system which almost all nations use in the modern age. In ''Goodbye America'', Rowbotham argues that Third World debt is immoral, invalid, and inherently unrepayable. See also * Criticism of fractional-reserve banking * List of monetary reformers * Monetary reform * Soft currency In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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