Wim studied development economics at VU University in Amsterdam. He previously worked in financial jobs for several international non-profit organizations, mainly in the field of development. His field of knowledge is broader than finance and includes religion, socioeconomic governance and the international economy.
Kate Raworth’s ‘Doughnut economics’ challenges economists to do better – to design institutions and economies that are just and sustainable. But will the doughnut fly?
Governments should not hesitate to visibly and accountably occupy their empty seat in the cockpit of the financial system. In our new research article ‘The licence to create money‘ we explore the alternatives to what is currently at the heart of the financial system, money creation.
Private banks create most of our money. The rest – coins and banknotes – make up only a small percentage. Several recent developments challenge this historically-evolved arrangement. Monetary reform could be as urgent as preventing the next banking crisis and the breakdown of the Euro zone. According to monetary reformers, better control of money creation could remove a major cause of economic crises.