Princeton

Public Banking Candidate Wins NJ Dem Primary

In early June, NJ gubernatorial candidate and public banking supporter Phil Murphy won the Democratic Primary. Is this the beginning of a new era of mainstream acceptance of public banking in American public policy?  What does it mean for the movement? Check out this blog post from the Public Banking Institute’s Blog… Last week’s gubernatorial primary resulted…

Ben Franklin

How the Quakers Put the ‘Public’ in Banking

During the third week of June, hundreds of southwestern Quakers met for their annual gathering at Ghost Ranch in northern New Mexico. The theme was “About Money: a call to Integrity, Community and Stewardship”. While there, I spoke about Quakers’ history with public banking, and about the explosion in public banking efforts happening across our…

Pima County Bond Issue: ‘Web of Debt’ or Investment for the Future? (video)

In a month, Pima County voters will be asked to vote on a $816 million, seven-part bond issue that includes construction of multiple buildings and roads to benefit existing corporations or attract new businesses to Southern Arizona. Sprinkled amongst the corporate-giveaways are improvements or construction of libraries, community centers, parks, neighborhoods, and other perks that…