Quotes

"The recent Public Banking conference held in Philadelphia offered a message that is at once so simple - but also so bold - it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance - in ways far, far, far more insidious and powerful than even the latest financial crisis suggests."

Gar Alperovitz is the Lionel R. Bauman Professor of Political Economy at the University of Maryland and co-founder of Entrust Bankcard, author of America beyond Capitalism
"The profession of banking has been overwhelmed by the short-term-focused, transaction-driven business of banking. In our search for solutions, we should be open to exploring deeper direct engagement by the public sector, with all proper caveats regarding governance and political influence. … I’d like to thank the Public Banking Institute for putting on a thought-provoking first conference and boldly proposing solutions to some of the problems in our financial system that most need addressing. A careful state-by-state examination of public banking is an important part of the broad financial system transformation the Capital Institute seeks."

John Fullerton, Founder and President of High Risk CC, leads all activities of the Capital Institute. Since the formal launch of Capital Institute in 2010, John has established himself as a thought leader in the “new economy” space, on financial reform, and as a leading practitioner of “impact investing.” He writes a weekly blog, “The Future of Finance,” at Capital Institute, and speaks regularly on the intersection of sustainability, social justice, and finance. John is also the principal of Advantage Working Capital Advisors, LLC, an investment firm focused on high impact sustainable private investments.
"During the last weekend in April, The Public Banking Institute hosted their inaugural conference, Public Banking in America, in Philadelphia. It was one of the best conferences I’ve attended in many years—very well organized, excellent speakers, and intelligent and energetic participants."

Thomas Greco, author of Beyond Money. Thomas Henry Greco, Jr. is a community economist, who blogs, writes, and speaks on the subject of free market alternative currency and monetary systems. Greco graduated with a Bachelor’s degree in Chemical Engineering from Villanova University, acquired a Master of Business Administration (MBA) from the University of Rochester and did additional course work pursuant to a Doctor of Philosophy (PhD) at Syracuse University. For fourteen years he taught economics, finance, statistics, entrepreneurship, and forecasting as a faculty member in the college of business at Rochester Institute of Technology. In 1979 Thomas Greco became a private consultant and community activist, working with local Rochester, New York peace and justice groups. From 1981 to 1990 he served as trustee and then president of the School of Living which promotes “decentralized, ecologically-sound, self-governed and humane communities.” A frequent contributor to the decentralist publication Fourth World Review, Greco organized of the Fourth World Assembly and New Economics Symposium held in San Francisco in 1987. Greco writes and consults on monetary exchange alternatives, including private credit