List of monetary reformers
Encyclopedia
This is a list of monetary reformers
from the past to the present according to several schools of thought.
Monetary reformers may belong to any of the following groups:
Most groups are critical of fractional-reserve banking
, a practice which is often described as "creating money out of thin air".
Alternative
Austrian School
Monetary reform
Monetary reform describes any movement or theory that proposes a different system of supplying money and financing the economy from the current system.Monetary reformers may advocate any of the following, among other proposals:...
from the past to the present according to several schools of thought.
Monetary reformers may belong to any of the following groups:
- Supporters of publicly-issued money (who oppose charging interestInterestInterest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money, or money earned by deposited funds....
on issuance of money), formerly called "Greenbackers" in late 19th century United States, - the Austrian schoolAustrian SchoolThe Austrian School of economics is a heterodox school of economic thought. It advocates methodological individualism in interpreting economic developments , the theory that money is non-neutral, the theory that the capital structure of economies consists of heterogeneous goods that have...
, and - the Post-Keynesian school.
Most groups are critical of fractional-reserve banking
Fractional-reserve banking
Fractional-reserve banking is a form of banking where banks maintain reserves that are only a fraction of the customer's deposits. Funds deposited into a bank are mostly lent out, and a bank keeps only a fraction of the quantity of deposits as reserves...
, a practice which is often described as "creating money out of thin air".
Publicly-issued, debt-free money or interest-free credit
- Ellen BrownEllen BrownEllen Hodgson Brown is an American lawyer and author who since 2008 has become a well-known monetary reformer, mostly because of her book The Web of Debt. She has also written several books about alternative medicine.- The Web of Debt :...
- Jacob Coxey
- Henry Clay DeanHenry Clay DeanHenry Clay Dean was a Methodist Episcopal preacher, lawyer, orator and author who was a critic of the American Civil War and the Lincoln Administration.-Early life and education:...
- Benjamin FranklinBenjamin FranklinDr. Benjamin Franklin was one of the Founding Fathers of the United States. A noted polymath, Franklin was a leading author, printer, political theorist, politician, postmaster, scientist, musician, inventor, satirist, civic activist, statesman, and diplomat...
- Joseph HuberJoseph HuberJoseph Huber is the chair of economic and environmental sociology at Martin Luther University of Halle-Wittenberg.He has written influential papers on monetary policy, for instance "Seigniorage Reform and Plain Money"...
- Andrew JacksonAndrew JacksonAndrew Jackson was the seventh President of the United States . Based in frontier Tennessee, Jackson was a politician and army general who defeated the Creek Indians at the Battle of Horseshoe Bend , and the British at the Battle of New Orleans...
- Abraham LincolnAbraham LincolnAbraham Lincoln was the 16th President of the United States, serving from March 1861 until his assassination in April 1865. He successfully led his country through a great constitutional, military and moral crisis – the American Civil War – preserving the Union, while ending slavery, and...
- James RobertsonJames Robertson (activist)James Robertson , a British-born political and economic thinker and activist, became an independent writer and speaker in 1974 after an early career as a British civil servant....
- Michael RowbothamMichael RowbothamMichael Rowbotham is a political and economic writer and commentator based in the UK who is best known for his two books The Grip of Death and Goodbye America...
- Bill StillBill StillWilliam T. "Bill" Still is an American documentary film producer and author of several non-fiction books. He is the creator, producer, and narrator of the documentary films The Money Masters and The Secret of Oz, which focus on the United States monetary system.The Secret of Oz won the Best...
- James Gibb StuartJames Gibb StuartJames Gibb Stuart is a financial author , owner of Ossian Publishers Ltd, and chairman of the Scottish Pure Water Association. He is known for his outspoken opposition to the European Union, and for publication of a book on the reform of British currency, The Money Bomb, in which he advocates a...
- Edmund Dick Taylor
- Stephen Zarlenga
AlternativeAlternative currencyAlternative currency is a term that refers to any currency used as an alternative to the dominant national or multinational currency systems...
, complementaryComplementary currencyComplementary currency is a currency meant to be used as a complement to another currency, typically a national currency. Complementary currency is sometimes referred to as complementary community currency or as community currency...
, local currenciesLocal currencyIn economics, a local currency, in its common usage, is a currency not backed by a national government , and intended to trade only in a small area. As a tool of fiscal localism, local moneys can raise awareness of the state of the local economy, especially among those who may be unfamiliar or...
, and environmentalists
- Herman DalyHerman DalyHerman Daly is an American ecological economist and professor at the School of Public Policy of University of Maryland, College Park in the United States....
- Richard DouthwaiteRichard DouthwaiteRichard Douthwaite was a British economist, ecologist, campaigner and writer living in Ireland. He died of cancer at his home in Cloona, near Westport, Co. Mayo....
- Silvio GesellSilvio GesellSilvio Gesell was a German merchant, theoretical economist, social activist, anarchist and founder of Freiwirtschaft.-Life:...
- Thomas H. Greco, Jr.Thomas H. Greco, Jr.Thomas Henry Greco, Jr. is a community economist, who blogs, writes, and speaks on the subject of free market alternative currency and monetary systems.-Life and work:...
- Margrit KennedyMargrit KennedyMargrit Kennedy is a German architect, professor, environmentalist, author and an advocate of complementary currencies and an interest and inflation-free economy....
- Bernard LietaerBernard LietaerBernard Lietaer is an economist, author and professor. He studies monetary systems and promotes the idea that communities can benefit from creating their own local or complementary currency, which circulate parallel with national currencies.Bernard Lietaer, the author of "The Future of Money:...
- E.C. RiegelE.C. RiegelEdwin Clarence Riegel , generally known as E.C. Riegel, was an independent scholar, author and consumer advocate who campaigned against restrictions on free markets that harmed consumers and promoted an alternative monetary theory and an early private enterprise currency alternative.Best selling...
Austrian SchoolAustrian SchoolThe Austrian School of economics is a heterodox school of economic thought. It advocates methodological individualism in interpreting economic developments , the theory that money is non-neutral, the theory that the capital structure of economies consists of heterogeneous goods that have...
- See more in list of Austrian School economists
- Friedrich HayekFriedrich HayekFriedrich August Hayek CH , born in Austria-Hungary as Friedrich August von Hayek, was an economist and philosopher best known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought...
- Ludwig von MisesLudwig von MisesLudwig Heinrich Edler von Mises was an Austrian economist, philosopher, and classical liberal who had a significant influence on the modern Libertarian movement and the "Austrian School" of economic thought.-Biography:-Early life:...
- Gary North
- Ron PaulRon PaulRonald Ernest "Ron" Paul is an American physician, author and United States Congressman who is seeking to be the Republican Party candidate in the 2012 presidential election. Paul represents Texas's 14th congressional district, which covers an area south and southwest of Houston that includes...
- Murray RothbardMurray RothbardMurray Newton Rothbard was an American author and economist of the Austrian School who helped define capitalist libertarianism and popularized a form of free-market anarchism he termed "anarcho-capitalism." Rothbard wrote over twenty books and is considered a centrally important figure in the...
- Peter SchiffPeter SchiffPeter David Schiff is an American investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York...
- Jesús Huerta de SotoJesús Huerta de SotoJesús Huerta de Soto Ballester is a leading Austrian School economist and Professor of Political Economy at Rey Juan Carlos University of Madrid, Spain. He received doctoral degrees in Law and Economic and Business Sciences , both from Complutense University of Madrid, and an MBA from Stanford...
- G. Edward GriffinG. Edward GriffinG. Edward Griffin is an American film producer, author, and political lecturer. He is perhaps best known as the author of The Creature from Jekyll Island , a critique of much modern economic theory and practice, specifically the Federal Reserve System.Starting as a child actor, he became a radio...
- Gerald CelenteGerald CelenteGerald Celente is an American trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance. Celente has described himself as a "political atheist" and "citizen of the world"...
- Friedrich Hayek
Post-Keynesians
- See more in list of Post-Keynesian economists
- Steve KeenSteve KeenSteve Keen is a Professor in economics and finance at the University of Western Sydney. He classes himself as a post-Keynesian, criticizing both modern neoclassical economics and Marxian economics as inconsistent, unscientific and empirically unsupported...
- Michael HudsonMichael Hudson (economist)Michael Hudson is research professor of economics at University of Missouri, Kansas City and a research associate at the Levy Economics Institute of Bard College...
- Steve Keen
See also
- Criticism of debtCriticism of debtThis article is about criticism of, and arguments against debt.There are many arguments against debt as an instrument and institution, on a personal, family, social, corporate and governmental level. Usually these refer to conditions under which debt should not be used as a solution, e.g. to fund...
- Criticism of fractional-reserve banking
- Criticism of the Federal ReserveCriticism of the Federal ReserveThe Federal Reserve System, known colloquially as "the Fed", has faced various criticisms since its conception in 1913. The system was created as a third attempt at central banking in the United States...