Abstract
In this Chapter we will try to put some content into a word coined by Keynes, Bancor. Not surprisingly, perhaps, we will find in it an extraordinarily rich content. Applied nationally, it will facilitate the application of Concordian Monetary Policy. Applied internationally, it offers us the framework of a new international order, the Bancor International Order (BIO). This is an Order that, if faithfully applied, will grant us not only justice but peace—even peace in Ukraine. Can BIO also create conditions of peace between Israel and Palestine?
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Notes
- 1.
A detailed advocacy of this policy is contained in a “Madison Document,“ Gorga (2017b).
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Acknowledgments
I owe a debt of gratitude to Harry Bego for allowing me to use his TExtract program.
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Gorga, C. (2024). Oh, the Bancor. In: Concordian Economics, Vol. 2. Springer Studies in Alternative Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-54642-6_13
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