Real World Economics Review Out Now

This review serves up some excellent articles, including CasP's Blair Fix on the "Ritual of Capitalisation", John Komlos on the US economy, and Radhika Desai with Michael Hudson on the "Dollar Creditocracy". But it is Ib Ravn's "educational" article on banking, money creation and credit money that stands out as a uniquely comprehensible introduction to the real existing money system. Highly recommended!

Richard Werner

     RichardWerner.com Professor Richard A. Werner twitter wikipedia   Richard Andreas Werner (born 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) … Continue reading Richard Werner