The Summer School Alternative Economic and Monetary Systems (Vienna, July 27 – August 14, 2016, 5 ECTS, completely in English) is open to students of all fields and offers alternatives to the processes that are putting strains on our economic and eco-social boundaries. In addition to classic and new concepts from the field of economics, […]

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A constant in the history of money is that every remedy is reliably a source of new abuse. John Kenneth Galbraith, Money: whence it came, where it went For as long as money has existed in its two most popular forms – either as debt-based accounting systems or as notes and coins – it has […]

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Three common Misconceptions Three threatening Results Three possible Solutions In this 2013 presentation late Prof Margrit Kennedy describes three misconceptions most people hold about money; the results of these misconceptions, and thirdly offers three possible solutions in terms of monetary innovations. What is money? Let’s take the good news first. Money is one of the […]

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These seven videos have been created and published by the Positive Money Campaign, UK: http://positivemoney.org What is money? We all use money, we all rely on money. But do we know how money works? Where does money come from? Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahren Video laden YouTube immer […]

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These 6 videos have been created and published by the Positive Money Campaign, UK: http://positivemoney.org Part 1: Misconceptions Around Banking Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahren Video laden YouTube immer entsperren Before we discover how banks really work, and how money is created, first to clear up any confusion, […]

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The stability of the money system depends on belief in future profits and economic growth. The system of credit is a belief system (from the Latin credere = to believe). Credit is the belief in the ability of the borrower to pay back the borrowed money plus interest. Loans include interest repayments. This kind of […]

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  We have no choice. Whether we want economic growth or not, our capitalistic system needs growth to at least match interest repayments in order to remain stable. The associated regular interest income of the ‘net interest winners’ is not only responsible for the fact that the wealthy become ever wealthier but also for the […]

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The New Economics Foundation (NEF) is a British ‘think tank’, which promotes economic and ecological justice. NEF has been the UK’s leading research organisation for money, credit and complementary currencies since 1986. www.neweconomics.org

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