Lewis D. Solomon

Rethinking Our Centralized Monetary System

The Case for a System of Local Currencies

• Gebundenes Buch

Produktbeschreibung

As we approach the 21st century, we must rethink our centralized monetary system as part of a larger reexamination of existing political economy, according to Solomon. In questioning the passive acceptance of a federal monopoly in producing money, the author challenges prevailing notions of progress and economic life. Advancing the idea of local currencies to promote a political economy based on empowerment, self-reliance, and ecological permanence, the book discusses three viable systems, all of which are possible under federal and state laws: barter, customer discounts, and local scrip not pegged to the U.S. dollar. The business and practical aspects of each of these systems is considered. This original work will be of interest to scholars, students, and policy-makers in political economy, money and banking, public finance, and public policy.

Produktdetails

• Verlag: Praeger
• Seitenzahl: 184
• Erscheinungstermin: 19. Januar 1996
• Englisch
• Abmessung: 240mm x 161mm x 15mm
• Gewicht: 448g
• ISBN-13: 9780275953768
• ISBN-10: 0275953769
• Artikelnr.: 21035831

Autorenporträt

Lewis D. Solomon is Van Vleck Research Professor of Law at The George Washington University Law School. He is the author of numerous books, among them From Athens to America: Virtues and the Formulation of Public Policy (2006), The Quest for Human Longevity (2006), and In God We Trust? Faith-based Organizations and the Quest to Solve America's Social Ills (2003).

Inhaltsangabe

Acknowledgments Introduction The Evolution of the U.S. Monetary and Banking
System: An Overview The Current Context and Objectives of Local Currency
Issuance Barter: Evolution into a Modern Economic Tool Discount Scrip:
Creating a Local Currency Pegged to the U.S. Dollar Local Currency Not
Pegged to the U.S. Dollar Legal Aspects of Local Currency Conclusion
Bibliography Index