This well written book gives the reader an understanding of how the world could have been different, had we invented a time machine and changed the way banking worked.
Having been misled by books and documentaries before, I tend to be quite skeptical, and like to point out anything that I find suspicious. I did notice, right at the beginning that the author writes about his own business being the "world's leading" in its category. So, right from the start I had this concern that his book may not be more than a marketing tool for his business.
As I read further I began to like the author more. He certainly has done a lot of research, and seems to have organized his thoughts very well. He also does explain that his business is "for profit," and the fact that he's advertising his business through the book doesn't detract from it being a very interesting book to read.
Simon also points out that he thinks a lot of economists will disagree with what he has to say, and "that is OK; as long as we are respectful to each other, we can engage in productive debate." Personally I think that debate is a waste of time, and that we should instead be trying to learn together, but Simon's saying this does make it seem that he's considered counter arguments to his thoughts.
The interesting thing is that every single review written before mine gives Simon a five star rating. This means either that NONE of these economists has bothered to read and review his book, or that they don't actually disagree.
What I would really like to see is a computer simulation, showing how money reform can affect the world. That would be a lot easier to understand or explain than reading, or getting someone to read, an entire book. Of course, since books are all we have, this seems to be a good one to read.
The end of the book is very positive, but I won't spoil it for you. Go ahead and read it for yourself.
Stephen Oberauer
Author of
The Mischievous Nerd's Guide to World Domination