This 5-session course will discuss the public bank model, comparing and contrasting it to private banks to highlight marked differences between them and their implications for the community. The course will also look into past and present experiments in public banking in the United States and showcase their profound effect in our history. The Bank of North Dakota’s stellar performance during the 2008 financial crisis will be analyzed.

To address a worsening climate crisis, economists have often touted the tremendous potentials of carbon pricing. However, evidence suggests that such a policy has so far produced limited effects. This panel of distinguished economists will propose a new concept that targets dirty assets; a brown wealth tax to be levied on carbon-intensive capital instead of products. It is argued that such a shift would help speed up the transition to a green economy with the added benefit of addressing wealth inequality.

Our panelists:

Dr. Willi Semmler is a professor of economics at the New School of Social Research and Bielefed University (Germany). Professor Semmler has written extensively on empirical macroeconomics, business cycles and the economics of climate change.

Dr. Raphaele Chappe holds a PhD in Economics, an LL.M , and a Master’s degree in Comparative Business Law. Her research interests include the link between financial markets and wealth inequality; political economy and the history of economic thought; and the philosophical foundations of microeconomics. Dr. Chappe currently teaches at Drew University.

Jose Pedro Bastos Neves is a PhD student at the New School of Social Research. His interests include climate change economics, development finance, Macroeconomics and industrial policy. Jose is the lead author of the paper that forms the substance of this panel discussion.

This 5-session course will discuss the public bank model, comparing and contrasting it to private banks to highlight marked differences between them and their implications for the community. The course will also look into past and present experiments in public banking in the United States and showcase their profound effect in our history. The Bank of North Dakota’s stellar performance during the 2008 financial crisis will be analyzed.

This 3-part course comprises 5 classes each and covers the entirety of Brian Hodgkinson’s book – A New Model of the Economy. The course offers a radical revision of modern economic theory; one that is based upon natural law, exhibiting economic security for all and a fair distribution of output among the three factors of production. The course also re-introduces concepts that have been left out by mainstream economic thought – fundamentally the role played by LAND – i.e., all natural resources available on the earth. The significance of credit, especially through the banking system, and the crucial impact of methods of taxation are presented.

The instructor, Marty Rowland‘s training in economics began in his doctoral research in the management of the water management institutions of Tampa and Baton Rouge, where he replicated the research of Nobel economist Elinor Ostrom (2009) on communities that sustainably manage shared resources. He was mentored by institutionalist economist Daniel W. Bromley who challenged the idea that property relations among individuals necessarily apply to communities, saying that economic institutions are always in the process of becoming. Since 2010, Marty leveraged Ostrom’s and Bromley’s economic institutionalism, rising through HGSSS as student, to instructor, to Board Member, and directing research that may influence public policy toward the equitable distribution of wealth through Henry George’s policy of returning and recycling economic rent.

This 3-part course comprises 5 classes each and covers the entirety of Brian Hodgkinson’s book – A New Model of the Economy. The course offers a radical revision of modern economic theory; one that is based upon natural law, exhibiting economic security for all and a fair distribution of output among the three factors of production. The course also re-introduces concepts that have been left out by mainstream economic thought – fundamentally the role played by LAND – i.e., all natural resources available on the earth. The significance of credit, especially through the banking system, and the crucial impact of methods of taxation are presented.

The instructor, Marty Rowland‘s training in economics began in his doctoral research in the management of the water management institutions of Tampa and Baton Rouge, where he replicated the research of Nobel economist Elinor Ostrom (2009) on communities that sustainably manage shared resources. He was mentored by institutionalist economist Daniel W. Bromley who challenged the idea that property relations among individuals necessarily apply to communities, saying that economic institutions are always in the process of becoming. Since 2010, Marty leveraged Ostrom’s and Bromley’s economic institutionalism, rising through HGSSS as student, to instructor, to Board Member, and directing research that may influence public policy toward the equitable distribution of wealth through Henry George’s policy of returning and recycling economic rent.

This 3-part course comprises 5 classes each and covers the entirety of Brian Hodgkinson’s book – A New Model of the Economy. The course offers a radical revision of modern economic theory; one that is based upon natural law, exhibiting economic security for all and a fair distribution of output among the three factors of production. The course also re-introduces concepts that have been left out by mainstream economic thought – fundamentally the role played by LAND – i.e., all natural resources available on the earth. The significance of credit, especially through the banking system, and the crucial impact of methods of taxation are presented.

The instructor, Marty Rowland‘s training in economics began in his doctoral research in the management of the water management institutions of Tampa and Baton Rouge, where he replicated the research of Nobel economist Elinor Ostrom (2009) on communities that sustainably manage shared resources. He was mentored by institutionalist economist Daniel W. Bromley who challenged the idea that property relations among individuals necessarily apply to communities, saying that economic institutions are always in the process of becoming. Since 2010, Marty leveraged Ostrom’s and Bromley’s economic institutionalism, rising through HGSSS as student, to instructor, to Board Member, and directing research that may influence public policy toward the equitable distribution of wealth through Henry George’s policy of returning and recycling economic rent.