Econintersect: Eight banking, finance, sociology, legal and economics experts have written opinions at The New York Times on the topic: In Banking, Should There Be a ‘Public Option’?. Not all the eight Op Eds take debating positions: Only two openly critical of the idea, one cautionary about governance issues, one suggesting that the government already has tools that could perform many of the public banking functions,one neutral and finally three which support public banking.
The eight essayists are:
- State Banks Hurt Growth (Mark Calabria, Cato Institute) – Economist, opposed
- Don’t Distort the Market Further (Hester Peirce, Mercatus Institute, George Mason University) – Economist, opposed
- Government Already Has Tools Available (Celeste Watkins-Hayes, Northwestern University) – Sociologist, cautionary
- Lessons From Slovenia’s Public Banking Crisis (Pierre Beynet, OECD) – Economist, cautionary
- Many States See Potential in the Idea (Heather Morton, National Conference of State Legislatures) – Profession not determined, neutral
- Why It Works in North Dakota (Eric hardemeyer, State Bank of North Dakota) Banker, supportive
- A National Bank With One Goal: Infrastructure (Michael Likosky, Century Foundation) Economic Law, supportive
- Public Banks Are Key to Capitalism (Ellen Brown, Public Banking Institute) Atttorney, supportive
Michael Likosky and Ellen Brown are contributors to Global Economic Intersection.