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

  • Acids, Bases, and Balance: A Chemical Analogy for C.H. Douglas’s Social Credit
    Geofrrey Dobbs’ chemical metaphor casts a brilliant light on Douglas’s Social Credit, revealing that the debt-money system is, in conjunction with an unbalanced price system, an acidic force—corrosive, unstable, and conflict-inducing. Social Credit, by contrast, provides the base money that neutralizes this acidity, infusing the economy with debt-free purchasing power (OH⁻) to balance the H⁺ of debt-laden prices. The National Credit Authority, as the economy’s alchemist, orchestrates this equilibrium, ensuring financial flows mirror real production.
    Written on Tuesday, 09 September 2025 13:53 Read more...
  • Solutions to Banker Rule: Key Monetary Conferences Slated for Fall 2025 in Canada, Chicago
    Mark Anderson Reports on Two Up-coming Conferences involving Douglas Social Credit in whole or in part: https://www.thetruthhound.com/solutions-to-banker-rule-key-monetary-conferences-slated-for-fall-2025-in-canada-chicago/
    Written on Tuesday, 19 August 2025 08:27
  • Douglas’ 2nd Proof for the A+B Theorem (The Misalignment of Accountancy Cycles)
    In The Monopoly of Credit (1931), C.H. Douglas presents his second proof for the A+B theorem, arguing that the two core accountancy cycles of an industrial economy: the creation and destruction of money (Cycle 1) and the creation and liquidation of costs (Cycle 2) are misaligned, resulting in a systemic deficiency in purchasing power. The money cycle (Cycle 1) operates at a faster pace than the cost creation and liquidation cycle (Cycle 2), creating a gap between prices and purchasing power that widens with greater dyssynchrony and narrows with greater synchrony. Indeed, if the cycles were perfectly aligned, money creation/spending and cost creation/liquidation would occur simultaneously, eliminating the gap entirely. [1] C.H. Douglas, The Monopoly of Credit 4th edition (Sudbury, England: Bloomfield Books, 1979), 46-50.
    Written on Tuesday, 13 May 2025 09:39 Read more...