A Program for Monetary Reform: Difference between revisions

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Revision as of 13:44, 20 November 2012

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==Background==

Widely distributed among academic economists, the draft proposal for A Program for Monetary Reform (1939) was never published and did not lead to legislation. Some copies of the program found their way into university and college libraries or private collections.{{citation needed|date=November 2012}}

Joe Bongiovanni, cofounder of [[The Kettle Pond Institute for Debt-Free Money]] recalled that a copy of the draft proposal had been maintained by his father, [[Joseph T. Bongiovanni]] (1910–2001), a monetary reform advocate who had testified several times before the [[United States Congress Joint Economic Committee]] on his own proposal for a [[Socio-Economic National Growth Act (SENGA)]] premised upon [[sound money]] and [[economic democracy]].{{citation needed|date=November 2012}}

Ronnie J. Phillips, then a Professor of Economics at [[Colorado State University]], referenced the draft proposal in his book, ''The Chicago Plan & New Deal Banking Reform'' (1995). Phillips is currently a Senior Fellow at the [[Indiana State University#Colleges and school|Networks Financial Institute]] at Indiana State University. <!-- http://isunetworks.org/thoughtleadership/fellows/Pages/SeniorFellows.aspx also http://web.me.com/rphillip/RJPHomepage/Ronnie_J._Phillips.html -->.