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The Public Bank Solution: From Austerity to Prosperity Paperback – Illustrated, June 11, 2013


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WHAT WALL STREET DOESN'T WANT YOU TO KNOW. Shock waves from one Wall Street scandal after another have completely disillusioned us with our banking system; yet we cannot do without banks. Nearly all money today is simply bank credit. Economies run on it, and it is created when banks make loans. The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks operated as public utilities, serving the public interest and returning their profits to the public. This book looks at the public bank alternative, and shows with examples from around the world and through history that it works admirably well, providing the key to sustained high performance for the economy and well-being for the people.
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Product details

  • Publisher ‏ : ‎ Third Millennium Press
  • Publication date ‏ : ‎ June 11, 2013
  • Edition ‏ : ‎ Illustrated
  • Language ‏ : ‎ English
  • Print length ‏ : ‎ 486 pages
  • ISBN-10 ‏ : ‎ 0983330867
  • ISBN-13 ‏ : ‎ 978-0983330868
  • Item Weight ‏ : ‎ 1.45 pounds
  • Dimensions ‏ : ‎ 5.9 x 1.2 x 8.9 inches
  • Best Sellers Rank: #1,672,664 in Books (See Top 100 in Books)

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Ellen Hodgson Brown
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Ellen Brown is an attorney, co-founder and chair of the Public Banking Institute, and the author of thirteen books and hundreds of articles (all on her blog at http://EllenBrown.com). Her books include the bestselling "Web of Debt" and "Nature's Pharmacy," co-authored with Dr. Lynne Walker, along with "The Public Bank Solution" and her latest book "Banking on the People." She graduated from UC Berkeley in 1967 and from UCLA Law School in 1977; practiced law for ten years in Los Angeles; then spent 11 years abroad, in Kenya, Honduras, Guatemala and Nicaragua, with her husband and two children. Her websites are http://EllenBrown.com, http://webofdebt.com, and http://publicbankinginstitute.org.