Pulse: Global


The Ikon: the Best World Money

States cannot create good money. They are interested parties. A good monetary system should discipline states – i.e. hold them to account. A state-run money cannot do that. That is the flaw in proposals such as those made by Positive Money and The International Movement for Monetary Reform.

(Let me add, however, that I go along with many of the criticisms that my good friends James Robertson , Victoria Chick and others make of existing monetary systems.)

EconVue Spotlight

EconVue Spotlight

“Peak Globalization” and the Future of Democracy

The world may be headed toward “peak globalization”. This shift could empower individuals and communities to strengthen democracy, while easing some of the most troublesome aspects of globalization.

Pot Payments

In doing some research on the why legal cannabis businesses cannot get bank accounts, I came across a letter on cannabis business regulation sent last week by the governors of four states to U.S. Attorney General Jeff Sessions and U.S. Secretary of the Treasury Steve Mnuchin. Give pot a chance, the letter essentially asks.

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