Matt J. Stannard • www.politicalcontext.org • June 20, 2013
By any standards, the 2013 Public Banking Conference, held at beautiful Dominican University in San Rafael, California, was a success. In a political world where like-minded groups seldom converge on practical policy blueprints, it was an astounding success. Hundreds of committed attendees–Occupy activists, religious groups, labor, environmentalists, legal activists, journalists and progressive economists–came together for three days of heady conversations and inspiring presentations, and by all accounts, everyone left with something resembling a vision.
…“What impressed me about the conference was the very rapid growth of the public banking movement,” says Tim Canova, Professor of Law and Public Finance at NOVA Southeastern University and a strong voice for public banking. “I met activists from all corners of the country working at the local level to start public banks in their own communities. This also reflects a growing consciousness of the political importance of credit and the historical role of public banking in efforts to achieve sustainable economic development.”
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