Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.

As an economy measures performance in terms of the creation of money, people become a major source of inefficiency.

There was a time in the United States when most of our financial institutions were local. Which essentially meant that local communities were able to create their own credit, or their own money, in response to their own needs. We still depended on banks, but it was a much more democratic process.

I think one of the most important skills of a local organizer of a local economy is an ability to put on a terrific street party.

An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate.

Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.

Money is not wealth. Money is a claim on wealth.