Jonathan McMillan

What is your latest release and what genre is it?The End of Banking: Money, Credit, and the Digital Revolution
The genre is non-fiction, or, more precisely, economics and politics.

Quick description: If you want to read another scandalous story about greed, The End of Banking is probably not what you are looking for. If you are interested in an intuitive and innovative reform proposal for our financial system, however, this book will be worth your time. It shows that a financial system without banking is both possible and desirable in the digital age.

Things were different in the industrial age. Back then, banking was actually a good way to organize the financial system. Our book explains how this changed with the rise of information technology: Regulators lost control over banking, a development that ultimately resulted in the financial crisis of 2007-08. In this context, we also discuss…