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International Journal of Political Economy· 2026Q2

Public Banking: Theory, Options and Policy Challenges—An Introductory Note

Riccardo Zolea, Wesley Colin Marshall

Short summary

This paper introduces the theoretical underpinnings, practical options, and policy challenges of public banking, drawing on endogenous money theory.

AI-generated from the title and abstract; the full text is not read.

Key points

  • Public banking is analyzed through the lens of endogenous money theory.
  • The paper covers theoretical aspects of public banking.
  • It discusses different practical options for implementing public banks.
  • Key policy challenges related to public banking are identified.

AI-generated from the title and abstract; the full text is not read.

Abstract

As Rossi and Rochon (2026) suggest in a recent paper, endogenous money is a defining characteristic of capitalism, and indeed, the concept of endogenous money is a pillar of Keynesian and post-Keyn...

The authors' abstract, as published at the source. International Journal of Political Economy, 2026 · DOI ↗

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance