Interview series with Dezernat Zukunft
6 Jun 2020 | Berlin-based think tank Dezernat Zukunft interviews Steffen Murau on the privatized Offshore US-Dollar System and the prospects of a further Euro internationalization. In Part 1 of the interview series, Steffen Murau […]
New publication on shadow money theory
28 May 2020 | The Private Debt Project, a Philadelphia-based online journal, has published a piece that analyses and systematizes different current shadow money theories. In their co-authored piece, Steffen Murau and Tobias Pforr argue […]
New IFAIR Impact Group on the future of the international monetary system
17 Aug 2020 | IFAIR’s Impact Group ‘Future of the International Monetary System’ is looking for new team members to work on interactive online tool representing the Offshore US-Dollar System. The structures of the international […]
2020 | ‘What is Money in a Critical Macro-Finance Framework?’ (with Tobias Pforr), Finance and Society
This article explains how analyzing the creation, distribution, and destruction of contemporary credit money is placed center-stage in the emerging field of critical macro-finance. This approach involves not only traditional forms of money but also […]
Kick-off for two-year research project at Boston University
1 Oct 2019 | Steffen Murau joins Global Development Policy Center of Boston University as postdoctoral fellow in the Global Economic Governance Initiative (GEGI). The Global Development Policy (GDP) Center of Boston University will be […]
2020 | ‘The Evolution of the Offshore US-Dollar System: Past, Present and Four Possible Futures’ (with Joe Rini and Armin Haas), Journal of Institutional Economics
Little has contributed more to the emergence of today’s world of financial globalization than the design of the international monetary system. In its current setup, it has a hierarchical structure with the US-Dollar at the […]
Accommodation theory features in report of Dutch Scientific Council
17 Jan 2019 | Dutch Scientific Council for Government Policy publishes report on private credit money creation and the role of the state. The Dutch Scientific Council for Government Policy (Wetenschappelijke Raad vor het Regeringsbeleid) […]
Shadow money researcher wins award for journal article based on PhD study
9 Oct 2018 | Dr Steffen Murau has been presented with the EAEPE journal article of the year award. A researcher who completed his PhD at City has won a prestigious award for an article […]
“Shadow money should be tamed, not banned”
15 Oct 2018 | Kapp Prize recipient Steffen Murau on what we can learn from the Financial Crisis. An interview by Dr. Bianca Schröder Congratulations on being awarded the Kapp Prize of the European Association […]
2023 | ‘Rethinking Monetary Sovereignty. The Global Credit Money System and the State’ (with Jens van ‘t Klooster), Perspectives on Politics OLD
This article proposes a conception of monetary sovereignty that recognizes the reality of today’s global credit money system. Monetary sovereignty is typically used in a ‘Westphalian’ sense that simply denotes the ability of states to […]