Pennsylvania Public Bank Project and the Public Banking Institute together presented a national public banking symposium, Public Banks for Public Works: Banking in the Common Wealth — A symposium to educate and inform the citizens of Pennsylvania and its neighbors about the role a public bank could play in supporting an economy that serves us […]
Author Archives: Douglas Alde
The city council of the City of Seattle recently held a public meeting, Public Forum: The Possibility for a Public Bank in Seattle to discuss, with experts in the field, the possibility of establishing a public bank in Seattle. Of particular interest is a “Public Banking 101” presentation by Gwendolyn Hallsmith, Executive Director of the […]
While many of us understand the importance and benefit of public banks for stimulating local economies, there are many who have the opposite point-of-view and can present arguments that are reasonable, given their set of assumptions. It is important that we understand these arguments and can respond to them. The link below is to a […]
In an article in The Wall Street Journal dated November 16, 2014 and entitled Shale Boom Helps North Dakota Bank Earn Returns Goldman Would Envy, Chester Dawson relates a largely factually correct representation of the Bank of North Dakota. However, the interpretation of these facts is easily questioned. Ellen Brown, a major intellectual leader of […]
One of the major roles of the Bank of North Dakota (BND) is to support small businesses within the state. This story, which was in the New York Times Blog, You’re the Boss — The Art of Running a Small Business on March 13, 2014, gives some detail about how BND can help a small […]
The following article, from the Santa Fe New Mexican, is a report from the Banking on New Mexico Symposium: Funding Local, Sustainable Economies held in Santa Fe on September 27, 2014. The format of Banking on Colorado: Bringing Our Money Home Conference, to be convened on January 31, 2015 is very similar to the Santa […]
Gwen Hallsmith, Executive Director of the Public Banking Institute, was interviewed this morning (Saturday, September 6, 2014) on Our Times with Craig Barnes. Gwen points out that actions to establish state and local municipal public banks are sweeping the country. She explains how interest income that normally goes to the Wall Street banks can be […]
North Dakota has a public bank–a bank that has been owned and operated by the people of North Dakota since 1919. Because of the Bank of North Dakota, the state weathered the crisis of 2008 far better than most. North Dakota has not had a single local bank failure in more than 20 years. This […]
From time-to-time we will post items that we are calling Money and Banking 101. These come from various sources around the world. This is the first in that series. The three videos presented here come from the Public Banking Institute and the Pennsylvania Public Bank Project. This is the last post of three in this […]
From time-to-time we will post items that we are calling Money and Banking 101. These come from various sources around the world. This is the first in that series. The three videos presented here come from the Public Banking Institute and the Pennsylvania Public Bank Project. This is the second post of three in the […]