Commentaries (some of them cheeky or provocative) on economic topics by Ralph Musgrave. This site is dedicated to Abba Lerner. I disagree with several claims made by Lerner, and made by his intellectual descendants, that is advocates of Modern Monetary Theory (MMT). But I regard MMT on balance as being a breath of fresh air for economics.
Friday, 30 May 2014
Swiss to vote on full reserve banking?
A Swiss group (Momo) which campaigns for full
reserve banking is going to try to get a national referendum on the issue. The UK’s
main pro full reserve organisation, Positive Money send their support: