What if the government invested in banks whose profits would go back to the community, rather than to the shareholders? Dr. Curtis Gregory conducts a review of the literature on public banks, a banking model that would be funded by public money and return profits to the community.

The literature review sets the stage for further research questions, such as what types of credit policies would best suit public banks, and how public officials and community banks see public banks. Dr. Gregory hopes to see cities move from talk about public banks to implementation, which would give researchers more data to analyze their effectiveness.