The U.S. dollar and most national currencies are defined by the government but issued by banks. In this 5 session course, Allen Smith will explain the simple mechanics by which private bank create money through debt contracts. The course will also describe the working of the payment system, the role of central banks and explain how our money system influences economic choices and social outcomes such as wealth inequality. This course will combine a study of relevant theories with applications to recent events and policy debates. In this connection, Henry George’s concept of money will be re-visited as well as the relations between finance and land markets.

Instructor: Allen Smith

The U.S. dollar and most national currencies are defined by the government but issued by banks. In this 5 session course, Allen Smith will explain the simple mechanics by which private bank create money through debt contracts. The course will also describe the working of the payment system, the role of central banks and explain how our money system influences economic choices and social outcomes such as wealth inequality. This course will combine a study of relevant theories with applications to recent events and policy debates. In this connection, Henry George’s concept of money will be re-visited as well as the relations between finance and land markets.

Instructor: Allen Smith

This course will examine how Gesell’s life experiences led him to a unique understanding of the creation and distribution of wealth. He concluded that the central idea of the free-market system is theoretically sound. However, it has never been properly implemented due to two fundamental flaws — an irrational form of money and the private ownership of land. Gesell’s simple yet radical analysis explains how these two factors are the primary causes of poverty, wealth inequality, economic instability, and a “growth imperative” that is at odds with the laws of nature.

The instructor, Josh Sidman studied economics and Japanese language at Union College in Schenectady, NY. Following graduation he went to work on Wall Street, first as a financial analyst at Goldman Sachs in New York, and then as a Japanese equity derivatives trader at Morgan Stanley in London and Tokyo. Josh is the founder and director of the Silvio Gesell Foundation, aTennessee-based organization dedicated to promoting the theories and proposals of Silvio Gesell.

Dates: Mondays – 2/26, 3/04, 3/11, 3/18, 3/25

Time: 6:30 PM – 7:30 PM ET

Location: Online via Zoom

This course will examine how Gesell’s life experiences led him to a unique understanding of the creation and distribution of wealth. He concluded that the central idea of the free-market system is theoretically sound. However, it has never been properly implemented due to two fundamental flaws — an irrational form of money and the private ownership of land. Gesell’s simple yet radical analysis explains how these two factors are the primary causes of poverty, wealth inequality, economic instability, and a “growth imperative” that is at odds with the laws of nature.

The instructor, Josh Sidman studied economics and Japanese language at Union College in Schenectady, NY. Following graduation he went to work on Wall Street, first as a financial analyst at Goldman Sachs in New York, and then as a Japanese equity derivatives trader at Morgan Stanley in London and Tokyo. Josh is the founder and director of the Silvio Gesell Foundation, aTennessee-based organization dedicated to promoting the theories and proposals of Silvio Gesell.

Dates: Mondays – 2/26, 3/04, 3/11, 3/18, 3/25

Time: 6:30 PM – 7:30 PM ET

Location: Online via Zoom

This course will examine how Gesell’s life experiences led him to a unique understanding of the creation and distribution of wealth. He concluded that the central idea of the free-market system is theoretically sound. However, it has never been properly implemented due to two fundamental flaws — an irrational form of money and the private ownership of land. Gesell’s simple yet radical analysis explains how these two factors are the primary causes of poverty, wealth inequality, economic instability, and a “growth imperative” that is at odds with the laws of nature.

The instructor, Josh Sidman studied economics and Japanese language at Union College in Schenectady, NY. Following graduation he went to work on Wall Street, first as a financial analyst at Goldman Sachs in New York, and then as a Japanese equity derivatives trader at Morgan Stanley in London and Tokyo. Josh is the founder and director of the Silvio Gesell Foundation, aTennessee-based organization dedicated to promoting the theories and proposals of Silvio Gesell.

Dates: Mondays – 2/26, 3/04, 3/11, 3/18, 3/25

Time: 6:30 PM – 7:30 PM ET

Location: Online via Zoom

This course will examine how Gesell’s life experiences led him to a unique understanding of the creation and distribution of wealth. He concluded that the central idea of the free-market system is theoretically sound. However, it has never been properly implemented due to two fundamental flaws — an irrational form of money and the private ownership of land. Gesell’s simple yet radical analysis explains how these two factors are the primary causes of poverty, wealth inequality, economic instability, and a “growth imperative” that is at odds with the laws of nature.

The instructor, Josh Sidman studied economics and Japanese language at Union College in Schenectady, NY. Following graduation he went to work on Wall Street, first as a financial analyst at Goldman Sachs in New York, and then as a Japanese equity derivatives trader at Morgan Stanley in London and Tokyo. Josh is the founder and director of the Silvio Gesell Foundation, aTennessee-based organization dedicated to promoting the theories and proposals of Silvio Gesell.

Dates: Mondays – 2/26, 3/04, 3/11, 3/18, 3/25

Time: 6:30 PM – 7:30 PM ET

Location: Online via Zoom

This course will examine how Gesell’s life experiences led him to a unique understanding of the creation and distribution of wealth. He concluded that the central idea of the free-market system is theoretically sound. However, it has never been properly implemented due to two fundamental flaws — an irrational form of money and the private ownership of land. Gesell’s simple yet radical analysis explains how these two factors are the primary causes of poverty, wealth inequality, economic instability, and a “growth imperative” that is at odds with the laws of nature.

The instructor, Josh Sidman studied economics and Japanese language at Union College in Schenectady, NY. Following graduation he went to work on Wall Street, first as a financial analyst at Goldman Sachs in New York, and then as a Japanese equity derivatives trader at Morgan Stanley in London and Tokyo. Josh is the founder and director of the Silvio Gesell Foundation, aTennessee-based organization dedicated to promoting the theories and proposals of Silvio Gesell.

Dates: Mondays – 2/26, 3/04, 3/11, 3/18, 3/25

Time: 6:30 PM – 7:30 PM ET

Location: Online via Zoom