Thursday, 10 June 2010

Welcome to our Blog

Understanding the Financial System is the latest in a series of books published over the last hundred years on the subject of the role of finance in society. All of these books have been studiously ignored by career academics, for reasons explained in Understanding the Financial System.

In this blog I argue that the very exercise of studying these texts in order to spot the flaws in the reasoning must be helpful if sound alternatives to the present chaos in political, social and economic affairs are to be found.

Recommended Reading

The Grip of Death (mortgage): A study of modern money, debt slavery and destructive economics (2007 Edition) Michael Rowbotham.  To purchase click here.

Life and Money:Being a Critical Examination of the Principles and Practice of Orthodox Economics with A Practical Scheme to End the Muddle it has made of our Civilisation (1932) Eimar O’Duffy.

Economic Democracy (1920) Clifford Hugh Douglas.

For further reading click here.

Your Money or Your Life: 9 Steps to transforming your relationship with money and achieving financial independence (Revised edition 2008) Vicki Robin and Joe Dominguez with Monique Tilford. Available from


  1. I have been waiting for a blog like this and look forward to future postings. It is good to see a revival of Social Credit thinking, which is still as relevant today as it was eighty years ago.

  2. This is a very interesting and amusing view of Political Economy. Is it meant to be just a funny take on modern politics and economics or is it serious? Was it written by an individual or is it a compilation of ideas? At the end of the day does it take us any further forward in our attempts to get out of the present world financial /economic mess.