Against the Economic Mainstream: Criticism and Alternative Ideas

1 04 2009

By Economicsfairy

So far I have only found German economists and thinkers who believe that our current economic system is doomed and that there are other options available. I hope that if you google long enough you’ll find some English translations of the books, speeches and interviews.

– Prof Bernd Senf (Berlin) is quite popular in the German media at the moment. He is one of the few who can explain the deep flaws of the interest rate system.

http://www.berndsenf.de

Interview about the causes for the current crisis (unfortunately, in German):

– there is also Prof. Wilhelm Hankel (Frankfurt), an expert on currencies. He thinks that the Euro was a big mistake and has also added to the current trouble.

– Prof. Margrit Kennedy (website in English, yes!)

http://www.margritkennedy.de/index.php?lang=EN

She is a real treasure because she believes that there are other ways to organise our economy, with “Interest and Inflation Free Money” (one of her books)

This is what she says on her website:

“Money allows the exchange of goods and services and, in doing so, becomes one of the most ingenious inventions of humankind.

However, few people understand how money functions. If they did understand, we would have a quite different monetary system immediately – one which would bring more social justice, better opportunities for a healthy environment and higher stability of currencies. Dealing with this subject is really worthwhile.”

Please check all this out – and find people who are working along the same lines from other parts of the world. Would be great to have all these valuable links on our website.

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One response

1 04 2009
MS Ahluwalia

I guess it is more about psychological and other intangible factors, than it is about money.

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