Ellen Brown

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

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
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
It has been calculated that if the UK’s welfare budget were split among the country’s 50 million adults, each of them would get £5,160 a year. 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
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
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
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
Views
Thursday, January 26, 2017
How to Cut Infrastructure Costs in Half
President Donald Trump has promised to rebuild America’s airports, bridges, tunnels, roads and other infrastructure, something both Democrats and Republicans agree should be done. The country needs a full $3 trillion in infrastructure over the next decade. The $1 trillion plan revealed by Trump’s...
Read more
Views
Wednesday, December 07, 2016
“We’ll Look at Everything”: More Reasons Trump’s $1 Trillion Infrastructure Plan Is Terrible
To stimulate the economy, create new jobs and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in public/private partnerships won’t do it. If Congress won’t issue money directly, it should borrow from banks, which create money on their books...
Read more
Views
Thursday, October 20, 2016
Prop. 51 Versus a State-Owned Bank: How California Can Save $10 Billion on a $9 Billion Loan
School districts are notoriously short of funding – so short that some California districts have succumbed to Capital Appreciation Bonds that will cost taxpayers as much as 10 to 15 times principal by the time they are paid off. By comparison, California’s Prop. 51, the school bond proposal...
Read more
Views
Saturday, May 14, 2016
“Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln
“Reckless,” “alarming,” “disastrous,” “swashbuckling,” “playing with fire,” “crazy talk,” “lost in a forest of nonsense”: these are a few of the labels applied by media commentators to Donald Trump’s latest proposal for dealing with the federal debt. On Monday, May 9th, the presumptive Republican...
Read more

Pages