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About Us

About Us

Sensible Money was founded in January 2012 to explore solutions to the debt crisis.

We have two main objectives:
Primarily, we want to remind economists, and explain to newcomers, how money is created & destroyed and the effects that this system has on the economy and society.

Secondly, we wish to promote what we feel is the optimum solution the debt crisis taking into account the many factors involved.

What we are not:
1. We are not against lending or the charging interest on loans where an investor is lending their money to somebody else.

2. We is not against banks. We need banks to provide payment services, a secure place for our money, investment opportunities, and to lend us money.

3. We are is not against bankers. Most people who work in banks do not understand the money system and its effects, and are simply trying to provide a service for customers and earn a living.

4. We are not against more bank regulation, but we believe regulation will not be effective when the foundations of the economy are so weak. Debating further regulation is a distraction from addressing the root of the problem.

5. We are not a political organisation and we don't campaign for either a bigger or a smaller role for government. We campaign for changes to the money system which would be to the benefit of all political parties.

6. We do not oppose the use of complementary currencies. Complementary currencies are useful for local economies, but they are not part of our campaign, as we are focused on the national currency.

The Team

Paul Ferguson has a background in structural engineering and mathematics and graduated from Trinity College Dublin in 2005. Having studied economics informally since 2008 he founded Sensible Money primarily to address the confusion over how money is created. He has been a guest lecturer with Dublin Institute of Technology, has presented at the Dublin Economics Workshop and is very interested in the consequences of the current system of money creation & destruction and believes many of our social problems can be solved through monetary reform.

To contact directly:

James McCumiskey James has a background in engineering and accountancy. He has also studied economics informally for over three years and shares the same concerns regarding the lack of understanding by politicians, the media and even some economists about the modern money creation mechanism. James has written a book, Real Honest Money, currently with the publishers proposing similar reforms to Sensible Money's.

To contact directly:

Kevin Smyth Kevin currently works as a chartered structural engineer in London. After the 2008 crisis, he became interested in the design flaws of the current debt-based money system and in particular the negative effects of the boom-to-bust cycle on the construction sector. He believes that the housing market in Ireland, UK and elsewhere is dysfunctional and can be only be rebalanced with a reformed monetary system. He would like to see this done in conjucntion with the introduction of a land value tax. These reforms would aim to establish a more sustainable built environment for 21st century cities and economic systems.

To contact directly:

Colm O'Leary Colm is an accountant with a degree in financial and actuarial mathematics. He is a member of the Green Party and is very interested in the environmental consequences of the current monetary system. Since the financial crisis, Colm was searching for an explanation of how it occurred and, finding the official explanations unsatisfactory, he discovered Sensible Money and Sovereign Money Creation. He works in a financial institution in Ireland and so can see first hand the lack of knowledge of how money works and how unsutainable any economic recovery will be until our monetary system is reformed.

To contact directly:

Our Board of Advisors

John Barry holds a doctorate and lectures in economics at Queen''s University Belfast. As a writer specialising in the transition to sustainability he encourages his students to become independent thinkers and criticial citizens.

As well as being a full-time academic researching and teaching on green politics, sustainable development and the political economy of sustainability, he is also co-chair of the Green Party in Northern Ireland.

E-mail John directly: here

Tony Weekes was a member of staff in the department of economics in the University of York from 1970. Since 1993 he has worked as an independent writer, lecturer and researcher. He was a non-executive director of the Ecology Building Society and a guest lecturer on the MSc course in Sustainable Development in Dublin Institute of Technology. He has worked on sustainability issues with Dublin City Council, the Northern Ireland Civic Forum, and the EU TAIEX project. His present interests centre around addressing the widespread problem of economic illiteracy which includes the issues of monetary reform and the reform of financial services.

He has delivered short courses in economics for a sustainable future at the Cultivate Centre in Dublin and has organised two public events on the theme, Making our Money work for a Better World. He is associated with the School of Environmental Planning in Queen's University Belfast, the training initiative Sustain Ed and the annual Drumalis Environmental Conferences.

E-mail Tony directly: here




086 170 8766

Internationally: +35386 170 8766

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