Nationalize Money, Not Banks

Banks should not be allowed to live the alchemist’s dream by creating money out of nothing and lending it at interest.

Enough: the Central Concept in Economics

In his foreword to the book, Enough Is Enough, Herman Daly contemplates the role of sufficiency in obtaining “the good life.”

What Is the Limiting Factor?

It is not for nothing that our system is called “capitalism” rather than “natural resource-ism.”

Capital, Debt, and Alchemy

Herman Daly explains Frederick Soddy’s far-reaching economic insight, and he comes up with a doozy of a conclusion.

Economics Unmasked

MIT-PhD-IMF-BMW. Although this career path may benefit specific economists, it fails to serve the common good.

Growth, Debt, and the World Bank

Herman Daly wonders how the World Bank got in the business of increasing the debt of poor countries.

The Financial Crisis Is the Environmental Crisis

Eric Zencey suggests reforming the monetary system to avoid future economic and ecological calamities.

Money and the Steady State Economy

Herman Daly pulls back the curtain on money and proposes a powerful policy for positive change.