Herman Daly

How the corporate banking system transfers wealth from the poor to the wealthy, without anyone noticing

Posted Jun 24 2018 by Herman Daly of CASSE
Herman Daly's Steady State Economics: challenging the corporate banking system

Herman Daly has been one of my heroes since I read Steady State Economics as a young man. I’m re-posting a blog article of his, originally posted on the website of the Center for the Advancement of the Steady State Economy (CASSE) in the US, because it’s a simple description of how it concentrates wealth in very few hands by sucking it from the rest of us via hidden inflation. Read more …

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