Sound Money Economics System
Encyclopedia
Sound Money Economics System was a fringe political party in Manitoba
, Canada
, during the provincial election of 1941
.
The group claimed to be a non-political and non-sectarian organization, willing to work with "any government and the people to end unemployment permanently". The need to permanently end involuntarily being without a job was assigned by SMES to the money system and (or within) the economic system. This is consistent with money system reform efforts and The General Theory of Employment, Interest and Money by John Maynard Keynes
.
The SMES ran three candidates in Winnipeg, all of whom fared poorly. The party seems to have disappeared shortly after the election.
Manitoba
Manitoba is a Canadian prairie province with an area of . The province has over 110,000 lakes and has a largely continental climate because of its flat topography. Agriculture, mostly concentrated in the fertile southern and western parts of the province, is vital to the province's economy; other...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, during the provincial election of 1941
Manitoba general election, 1941
Manitoba's general election of April 22, 1941 was held to elect Members of the Legislative Assembly of the Province of Manitoba, Canada.This election was held shortly after the formation of a coalition government in December 1940...
.
The group claimed to be a non-political and non-sectarian organization, willing to work with "any government and the people to end unemployment permanently". The need to permanently end involuntarily being without a job was assigned by SMES to the money system and (or within) the economic system. This is consistent with money system reform efforts and The General Theory of Employment, Interest and Money by John Maynard Keynes
John Maynard Keynes
John Maynard Keynes, Baron Keynes of Tilton, CB FBA , was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments...
.
The SMES ran three candidates in Winnipeg, all of whom fared poorly. The party seems to have disappeared shortly after the election.