Biodiversity

Is Our Monetary Structure a Systemic Cause for Financial Instability?

“The urgent message for economics from nature is that the monoculture of national currencies, justified on the basis of market efficiency, generates structural instability in our global financial system. Economic sustainability therefore requires diversification in types of currencies, specifically through complementary currencies ”

Lietaer, B., Ulanowicz, R., Goerner, S., and McLaren, N. Is Our Monetary Structure a Systemic Cause for Financial Instability? Evidence and Remedies from Nature.  (more)

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