In Colonial America, states issued their local currency so as to achieve independence from the banking and bankers of the Old World in Great Britain and Europe. Today, the Bank of North Dakota formed in 1919 is all that remains of the state-owned bank tradition. In response to 2008’s Credit Crisis, U.S. taxpayers pumped $608 […]
Much has been written about what led up to the 2008 Collapse of the global banking, funds management and insurance systems.
Too little – comparatively – has been proposed as new designs for
- safely creating money (banking),
- investing it meaningfully in the real economy (funds management) and
- mitigating against undesired outcomes (insurance).
Urban Logic has researched new designs and tools to leverage the digital age of finance to achieve sustainable outcomes.