Chicago Plan: Presentations
London School of Economics and Political Science, London
”The Chicago Plan” - webbcasts from the seminar November 12
Posted November 22, 2013 LSE
Posted November 22, 2013 LSE
Michael Kumhof discusses his 2012 paper on the Chicago Plan, a radical reform plan for the banking industry that would eliminate banks’ power to create money. Based on proposals developed by members of the Chicago School in the US in the 1930s, Kumhof’s plan represents the most far-reaching and decisive proposal to eliminate the risks associated with fractional reserve banking.
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Global Utmaning (Global Challenge), Stockholm
”Financial reform for a sustainable economy”
- live webbcasts from the seminar January 28th
Postat den Januari 28, 2013 av Per Lagerström
- live webbcasts from the seminar January 28th
Postat den Januari 28, 2013 av Per Lagerström
Are there solutions to the financial crisis that at the same time would provide a leap towards a more sustainable, green economy? Global Utmaning´s expert group on green economy organizes seminar #9 in the series: Key issues for a green economy, with Michael Kumhof, IMF and Bernard Lietaer, author of the book ”Money the missing link in sustainability”. Here you can watch the live webb casts from the seminar on the 28th of January.
Michael Kumhof, Deputy Chief of the Modeling Division in the IMF Research Department, follows by providing a review of the Chicago plan, which was originally presented by Irving Fisher as a policy proposal to combat the Great Depression. Using a formal DSGE-model, Michael Kumhof has not only been able to validate Irving Fishers claims of boom-bust cycle stabilization, financial stability and debt reduction, but he has also presented convincing evidence that the plan would result in real output gains. Read full article.
Michael Kumhof, Deputy Chief of the Modeling Division in the IMF Research Department, follows by providing a review of the Chicago plan, which was originally presented by Irving Fisher as a policy proposal to combat the Great Depression. Using a formal DSGE-model, Michael Kumhof has not only been able to validate Irving Fishers claims of boom-bust cycle stabilization, financial stability and debt reduction, but he has also presented convincing evidence that the plan would result in real output gains. Read full article.
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