Publications

The Economics of Social Credit and Catholic Social Teaching

In The Economics of Social Credit and Catholic Social Teaching, Dr. Oliver Heydorn argues that it is high time that all Catholics take seriously and examine closely the economic ideas of Major Clifford Hugh Douglas (1879-1952). By surveying the key principles contained within the Church's social doctrine in conjunction with Douglas' Social Credit proposals and their underlying philosophy, the author demonstrates that (in stark contrast to the dead-ends of Austrian economics and the 'Christian socialism' of 'liberation theology' et al. and the half-way houses of classical distributism and economic personalism) it is Social Credit which most fully merits the support of Catholics as the best alternative to the economic status quo.

     A Review of The Economics of Social Credit and Catholic Social Teaching:
     http://www.socred.org/blogs/view/a-review-of-the-economics-of-social-credit-and-catholic-social-teaching.

 

     The book is available on-line through the amazon network in the following countries:

     Canada

     France

     Germany

     India

     Italy

     Japan

     Spain

     The United Kingdom

     The United States

 

     It is also available in most other countries through Createspace's extended distribution network, for example, via Bookdepository.com: Book Depository.

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Latest Articles

  • The Accounting of Abundance: A Structural Critique of Inflationary Theory
    Mainstream economic thought treats inflation as a phenomenon of monetary volume—the "Too Much Money" paradigm. However, by applying the engineering logic of C.H. Douglas’s A+B Theorem, we can deduce that inflation is not primarily a result of consumer behaviour, but a mathematical consequence of debt-based cost accounting in an industrial society.
    Written on Saturday, 14 February 2026 12:56 Read more...
  • A Douglas Social Credit Critique of Gesell’s Monetary Analysis and Proposals
    Silvio Gesell believed that the two great economic evils were stagnation and inequality. He attributed stagnation to hoarding (the “retention” of money that slows circulation) and inequality to both hoarding and the payment of interest on money. His remedies were therefore twofold: demurrage (a carrying charge that makes money lose value if held, forcing it into rapid circulation) and interest-free credit. From a Douglas Social Credit standpoint, Gesell’s take on monetary reform rests on a fundamentally flawed diagnosis and thus the remedies he proscribes are inadequate, in addition to being coercive and counterproductive.
    Written on Tuesday, 10 February 2026 14:00 Read more...
  • THE THEOLOGY OF THE INHERITANCE: A Social Credit Synthesis of Patristic Thought and Economic Reality
    Social Credit stands alone in its pursuit of the Economics of Grace. It recognizes that the "price" of our life has been paid by the gifts of God and the genius of our ancestors. By replacing the bondage of the gold standard and the indignity of the Job Guarantee with the National Dividend and the Price Discount, we move from an "Economics of Toil" to an Economics of Leisure.
    Written on Tuesday, 10 February 2026 07:54 Read more...