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Sep 30 2008
Money - where does it come from? Money expert James Bernard Quilligan, Executive Director of the Center for Global Negotiations, describes where U.S. money comes from, and why, even today, all U.S. money comes from the private Federal Reserve Bank, not from the U.S. Treasury. The U.S. currency is to backed only by debt, but this was not always so!
Find out where all that money comes from, with author Krista Keenan.
Jan 17 2012
Professor Leo Burke of the University of Notre Dame describes the commons and the benefits of a commons viewpoint in this interview recorded in Berlin, Germany at the commons conference sponsored by the Heinrich Boll Stiftung (Heinrich Boll Foundation) in late 2010.
Students interested in the commons should also read the following article about Professor Burke by another well-know commons expert, Jay Walljasper:
A World that Works for Everyone
By Jay Walljasper
Original article in Notre Dame Magazine:
PUBLISHED: WINTER 2011-12 POSTED IN: CAMPUS & COMMUNITY AND CURRENT AFFAIRS
You would expect Notre Dame’s Mendoza College of Business to focus its teaching on making profits from the world as it is instead of asking students to explore how to fundamentally change it.
Apr 25 2011
Banks create money by making loans. Author and money expert Thomas Greco uses simple analogies to explain how this process works. He also explains how Direct Credit Clearing offers a simple, legal, and effective means for eliminating the need for bank-derived debt using the 'credit commons' approach.
Greco explains how the debt-based money system (within which we unconsciously operate) creates an inevitable cycle of boom-and-bust, because interest payments on debt, in aggregate, inevitably outstrip the value of goods and services.
The resulting urgency to repay debt creates some of the catastrophes of our time: unsustainable usage of resources, overharvesting trees, mining to much, too fast, building houses too often - all to pay-off not only legitimate costs, but also illegitimate bank fees that do nothing productive in the economy.
Jun 14 2010
Prerna Girls School is a part of the Study Hall School in Lucknow, India. It serves the largely impoverished girl children of the surrounding slums, by providing educations to 540 girls from kindergarten through 12th grade (as of June 2010). Founded by Dr. Urvashi Sahni, herself a dynamic force of nature, Prerna is one of those places that show a good future can become a reality.
The astounding success of the Prerna Girls School program is a lesson to many others working for education, women's empowerment and solving a host of issues identified in the Millennium Development Goals as critical: health, education, poverty eradication, literacy, population pressure, environmental degradation, to name a few.