Futurists tell us that there won’t be enough work in the future because technology will replace workers who now do repetitious or low-skilled work. This has prompted Libertarians (who want smaller government) and Progressives (who want to guarantee a social safety net for workers) to look at the idea of basic income. Would it be…
During this political season, we have heard a lot about too-big-to-fail banks, corporate greed, politicians on the take, bad trade deals, inequality and … starting a revolution to save the middle class. Just over 100 years ago, at the dawn of the first American Progressive Era, the same conditions sparked a revolution which spread…
In one of his first acts as Speaker of the House of Representatives Paul Ryan oversaw doling out $17 million in corporate welfare to Wall Street banks. How did he manage this? The usual sneaky way– by tacking this onto an unrelated piece of “must pass” legislation. (You’ll remember that’s how Republican lawmakers weakened Wall Street…
Ha-Joon Chang is one of the ten most influential world thinkers according to Prospect Magazine. In this brief interview at TheCorner.eu, he is asked if secular stagnation is inevitable. His response is that it is not, but it is important for policy makers to stop vilifying debt. He points out that debt, in and of…
The Pennsylvania Public Banking Project’s leader Mike Kraus explains why we should continue to fight against fast track for the Trans-Pacific Partnership (TPP). Here’s is Kraus’ recent article from the Bucks County Courier… Thirty years ago I had my first experience of marketing for a corporation. I learned that the most often used word in…
Join the public banking movement in Arizona. We added a supporters’ tab to the top of our page. Click on that link and fill out the very simple form to add your name and/or your group or business name to our supporters page. There is also an option to add your email to our mailing…
Large national banks invest their funds in the stock market on Wall Street, not Main Street. These commercial banks hold and manage funds for the vast majority of cities, counties, and states in the US and charge us fees for managing our taxpayer funds. They invest taxpayer funds in stocks and bonds for the benefit…
It’s not surprising after 20+ years of trickle down economics, corporate welfare, and an over-reliance on housing construction that Arizona has one of the worst performing economies in terms of job growth and employment opportunities. Is it time for a change? An Arizona public bank could do wonders for the state’s economy because a state…
The City of Philadelphia is rich in history and culture. It is the home to many major corporations. It has billions of dollars in the bank. Then, why do critics say that Philadelphia will be the next Detroit? Watch this short video and find out why Philadelphia is looking toward public banking as a solution…
News from the prestigious Gallup Economy website shows North Dakota at 40 on the index with the next highest state showing an index of only 30. North Dakota Leads in Job Creation for Fifth Straight Year From Gallop Economy… North Dakota has ranked No. 1 among U.S. states for job creation in each of the…
Arizonans for a New Economy 