Picks: Single Payer, Meet Single Price; Court Decision Huge Victory for Gig Workers; British Columbia’s Progressive Taxes; and more (5th Edition)

Date: 16 May 2018 | posted in: From the Desk of David Morris | 0 Facebooktwitterredditmail

Berkeley, California wins a court battle to protect their historic Post Office buildings; protections for gig economy workers are passed by the California Supreme Court; a new report elucidates the ways that charter schools are sucking the resources dry from public schools; and finally, Robert Reich’s video on the monopolization of everything in our economy.… Read More

How One State Escaped Wall Street’s Rule and Created a Banking System That’s 83% Locally Owned

Date: 1 Sep 2015 | posted in: Banking | 0 Facebooktwitterredditmail

North Dakota has a different kind of banking sector than the rest of the country does, with six times as many locally owned financial institutions per person as the rest of the U.S., and local institutions controlling 83 percent of the market. What is North Dakota doing differently? A lot of the answer is the Bank of North Dakota.… Read More

How State Banks Bring the Money Home

Date: 15 Sep 2011 | posted in: Banking | 1 Facebooktwitterredditmail

One of the most significant consequences of the consolidation of banking over the last decade is how much it has hindered the economy’s ability to create jobs. There’s no single solution to this problem, but one of the most promising strategies involves creating state-owned banks that can bolster the lending capacity of local banks, helping them grow and multiply.… Read More