Ellen Brown
Ellen Brown is an attorney and founder of the Public Banking Institute. She is the author of twelve books, including the best-selling Web of Debt, and her latest book, The Public Bank Solution, which explores successful public banking models historically and globally.
Articles by this author
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Views Monday, May 28, 2018 Blackstone, BlackRock, or a Public Bank? Putting California's Funds to Work California needs over $700 billion in infrastructure during the next decade. Where will this money come from? The $1.5 trillion infrastructure initiative unveiled by President Trump in February 2018 includes only $200 billion in federal funding, and less than that after factoring in the billions in... Read more |
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Views Sunday, March 18, 2018 The War on the Post Office The U.S. banking establishment has been at war with the post office since at least 1910, when the Postal Savings Bank Act established a public savings alternative to a private banking system that had crashed the economy in the Bank Panic of 1907. The American Bankers Association was quick to... Read more |
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Views Sunday, January 07, 2018 Student Debt Slavery: Time to Level the Playing Field This is the second in a two-part article on the debt burden America’s students face. Read Part 1 here . The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells... Read more |
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Views Thursday, December 28, 2017 Student Debt Slavery: Bankrolling Financiers On The Backs Of The Young The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular , reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read... Read more |
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Views Sunday, November 05, 2017 The Public Bank Option—Safer, Local, and Half the Cost Phil Murphy, a former banker with a double-digit lead in New Jersey’s race for governor, has made a state-owned bank a centerpiece of his platform. If he wins on November 7, the nation’s second state-owned bank in a century could follow. A UK study published on October 27, 2017 reported that the... Read more |
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Views Monday, October 30, 2017 Regulation Is Killing Community Banks – Public Banks Can Revive Them At his confirmation hearing in January 2017, Treasury Secretary Stephen Mnuchin said , “regulation is killing community banks.” If the process is not reversed, he warned, we could “end up in a world where we have four big banks in this country.” That would be bad for both jobs and the economy. “I... Read more |
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Views Wednesday, October 04, 2017 How to Fund a Universal Basic Income Without Increasing Taxes or Inflation The policy of guaranteeing every citizen a universal basic income is gaining support around the world, as automation increasingly makes jobs obsolete. But can it be funded without raising taxes or triggering hyperinflation? In a panel I was on at the NexusEarth cryptocurrency conference in Aspen... Read more |
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Views Monday, July 24, 2017 Saving Illinois: Getting More Bang for the State’s Bucks Illinois is insolvent, unable to pay its bills. According to Moody’s , the state has $15 billion in unpaid bills and $251 billion in unfunded liabilities. Of these, $119 billion are tied to shortfalls in the state’s pension program . On July 6, 2017, for the first time in two years, the state... Read more |
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Views Wednesday, May 17, 2017 If China Can Fund Infrastructure with Its Own Credit, So Can We This week has been designated “National Infrastructure Week” by the US Chambers of Commerce, the American Society of Civil Engineers (ASCE), and over 150 affiliates. Their message: “It’s time to rebuild.” Ever since ASCE began issuing its “National Infrastructure Report Card” in 1998, the nation... Read more |
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Views Friday, March 17, 2017 If "Ryancare" Is Dead on Arrival, Can We Please Now Try Single Payer? "The Canadian plan also helps Canadians live longer and healthier than Americans. . . . We need, as a nation, to reexamine the single-payer plan, as many individual states are doing." — Donald Trump, The America We Deserve (2000) The new American Health Care Act has been unveiled, and critics are... Read more |