Sign up for Renegade Inc. news.

Facebook Logo Google Plus Logo Twitter Logo Youtube Logo
Type & hit enter to search
Latest Tweets
Support Us

All posts in Renegade Economist

Fat Cat Pay and Fiat Currency

The cause of vastly inflated executive remuneration is the same as that which lies behind every other “bubble”… On July 11 The Times published an…

Surpluses & deficits are hotly debated – but what about the currency?

Much has been made of Britain’s current account deficit, which is the amount by which our imports of goods and services exceed our exports. It…

Meet the Renegades with Donald Reeves

It is not often you hear of a priest who worried the former British Prime Minister dubbed ‘The Iron Lady’. Margret Thatcher called Donald Reeves a ‘very dangerous man’ due to his support of the oppressed and his refusal to see foreign policy in terms of black and white.

Meet the Renegades with Darren Coffield

Darren Coffield is an artist and writer who feels the art world (read art industry) has become so commercialised that it now exists only to…

jenga

In Change We Trust

As the lifespan of every company shortens, paying lip service to change is dangerous and following the herd can be fatal. I’ve recently been working…

MartinThumbnail

Meet the Renegades - Martin Sandbu

In this episode of Meet The Renegades we speak to economics writer Martin Sandbu from the Financial Times.

His recently released book ‘Europe’s Orphan: The Future of the Euro and the Politics of Debt’ attacks the current thinking of what politicians and policy makers in Brussels and Frankfurt consider to be self-evident.

ChristianThumbnail2

Meet the Renegades - Christian Felber

On this episode of Meet the Renegades, Ross Ashcroft welcomes Christian Felber - author, lecturer and founder of the Economy for the Common Good.

From Aristotle to Adam Smith economics was a school of thought based on Natural Laws and philosophy. How come we have strayed so far from our roots? What really has the Mont Pelerin Society got to do with Reaganomics and Thatcherism?

OLYMPUS DIGITAL CAMERA

Can Central Banks Bail Out The Economy Next Time Around?

There are vast numbers of Zombie companies out there who are paying off nominal interest payments on huge debts in order to keep the lights…

LelandMiller

Leland Miller Interview

From Camp Kotok in Maine, Ross Ashcroft speaks to Leland Miller, president of China Beige Book International. They discuss the current landscape of the Chinese economy…

MattTyrmand

Matthew Tyrmand Interview

In this Renegade Inc. talk show at Camp Kotok in Maine, Ross Ashcroft speaks to Matt Tyrmand from the NGO American Transparency which focuses on government accountability….

BarryRithotzInterview

Barry Ritholtz Interview

At Camp Kotok in Maine, USA, Ross Ashcroft speaks to author, columnist, equities analyst and CIO of Ritholtz Wealth Management, Barry Ritholtz. They discuss the…

U47P5029DT20150909101047

One has a job for life.

Why do we celebrate one person’s right to a job for life when they never interviewed for the position asks Matthew Lacey.

David-Kotok-interview

David Kotok Interview

Ross Ashcroft speaks to David Kotok, founder of Camp Kotok, in Maine, and Chairman and Chief Investment Officer of Cumberland Advisors. They discuss the origins and…

main VLADGRIN shutterstock_81903907

How To Be Self-Employed In The “Big Society”

Making a job, not taking a job means so much more than simply turning your back on employment and setting up on your own. It is more a way of life, a new distinctive multiple income stream lifestyle. It requires a new way of thinking, and not relying on big business or government to put our best interests first.

B-Corps-LG-Graphic

Not all businesses are the same

We need a more sophisticated debate about business and how it impacts on wider society, writes Mark Braund.

Greece_2219588b

A Modern Greek Tragedy: A Warning to Others?

Looking at the terms of the Greek bailout one thing is abundantly clear: this is not only a heartless deal, but a brainless one as…

Greek

Will Greece Ever Be Free From Its Creditors?

Can Greece ever pay off its debts, adopt a German economic mindset and stay in the euro? Since 2010 we have been gripped by the…

Part 2 thmbnl

Harold Crooks and John Christensen Interview - Part 2

Harold Crooks, Director of “The Price We Pay” and John Christensen, Director and Co-founder of Tax Justice Network discuss the Robin Hood tax, the capture of the political class by the financial industry and the hope that lies in civil society’s intensifying fight for tax justice in the second half of this interview series.

Renegade-Screen-Branding

Harold Crooks and John Christensen Interview - Part 1

Harold Crooks, Director of “The Price We Pay” and John Christensen, Director and Co-founder of Tax Justice Network come to the studio to talk about the ‘finance curse’, taxation and the sustainability of democracy in the first half of this interview series.

George-Osbourne

Try as he may, the Chancellor cannot “eliminate the deficit” - by Ann Pettifor

The Fabian Society invited Nicola Smith of the TUC, Dan Corry - once a Labour government adviser – and me to address their Summer Conference…

malcolmxbirthday16x9

It’s the media, stupid

“If you’re not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”…

pettiforclip

Ann Pettifor: How to Start an Economic Movement

Ross Ashcroft interviews Ann Pettifor director of Policy Research in Macroeconomics, PRIME and fellow at New Economics Foundation. They discuss Ann’s 2003 prediction of the…

Screen Shot 2015-05-22 at 16.59.21

Steve Keen on Education

Steve Keen Interview - Part 5: The UK’s business like approach to education leaves very little room for innovation. How do we shift the focus from…

stevekeenPensions

Steve Keen on Pensions

Steve Keen Interview - Part 4: As we enter the age of volatility, what does this mean for our pensions?

stevekeenthumbnailChina

Steve Keen on China

Steve Keen Interview - Part 3: A look into China’s private debt problem.

stevekeenFedBankEngland

Steve Keen on the Fed & Bank of England

Steve Keen Interview - Part 2: Elaborating on the problems with austerity, Steve Keen explains how private debt really works.

CE4GIY-WYAAg0xG
stevekeenElections

Steve Keen on the UK Elections

Steve Keen Interview - Part 1: In the aftermath of the Conservatives’ surprise victory in the UK, Steve Keen tells us why he thinks this…

unnamed
Socalism-for-the-Rich

Socialism for the Rich - Capitalism for Everyone Else

The wider public is depressingly disinterested in the workings of the economy; nowhere is this more evident than in their ignorance of the monetary system….

Renegade Economist

When The Herd Turns

Current best practices in risk management work only when correlations are stable. At turning points historical relationships between assets breakdown. The only way to effectively…

SpeculateAccumulateDerailEc

Speculate, Accumulate and Derail the Economy

As a way of securing wealth without engaging in real economic activity – the act of combining land, labour and capital to create something with…

Renegade Economist
TalkShowAmericanDream

Renegade Economist Talkshow: The American Dream

In this latest show Renegade Economist host Ross Ashcroft talks with Larry Lamb, George Lamb and Roger Mavity about todays relevance of the American Dream…

producer-predator

Producers vs. Predators

Ed Milliband’s conference speech in Liverpool (2011) was typical of any populist career politician. The central theme was “I’m different so you can trust me…

Renegade Economist
SteeveKeen

Renegade Economist Talk Show - In conversation with Prof Steve Keen

Ross Ashcroft from Renegade Economist speaks with Steve Keen whilst he was in London to launch his new book ‘ Debunking Economics: The Emperor Dethroned?’

Renegade Economist
MatthewWatson

Renegade Economist Talk Show - In conversation with Prof. Matthew Watson

Matthew Watson is Professor of Political Economy in the Department of Politics and International Studies at Warwick University.

survivalfittest

Unbridled capitalism is bad for society

If there was a form of “conscious capitalism” in which care was extended to fellow humans, animals and the natural environment whether animate or inanimate,…

LandRent

Land Rent - the Genesis of the British Class System

Land rent is one of several sources of unearned wealth that bestow privileges on a minority of citizens while biasing the economy against the interests…

Renegade Economist
hudson-ny

Renegade Economist Talkshow - US Special with Michael Hudson

The Renegade Economist goes to New York to hear Prof. Michael Hudson’s views on the state of the US Economy.

rand

The Dead Hand of Ayn Rand

Yesterday I picked up a copy of Animal Spirits by George A Akerlof and Robert J Shiller. In the preface to their book they discuss how Keynes’s General…

fountain

Is interest repayable?

They say things like: “If the total size of the money supply was fixed then there is no possible source of money for paying interest.”…

The present era is not the first or last

Not so long ago communist China was not a player in international finance, neither was the then Soviet Union. Step a little further back in…

talent

‘Experts’ - the price everyone pays for Hidden Knowledge

There is an accepted view in politics and the media that roughly equates to this: a professional class of ‘experts’ are far better at commentary…

chartofdecade

Chart of the Decade

Since 1984 (surely an appropriate year) while the elderly have grown their wealth in nominal terms, the young are much worse off both in inflation-adjusted terms, as well as nominal terms(pretty hard to believe given that the money supply has expanded eightfold in the intervening years). So why are the elderly doing over fifty times better than the young when they were only doing ten times better before?

thatcher

Keep what you make – let’s tax what you take

UK politics is dominated by middle England pre-occupations, there are vaguely hysterical fears of the UK having a ‘Depardieu moment’, and capital flight in case of…

martian

Plutocracy - it’s Alien to me Sir

I’ve lost count of the times I’ve used the words ‘elite’ and ‘minority’ in this series on unearned wealth, but I’m certainly not going to…

Fifty Pounds

The money paradox

These arguments appear irreconcilable. So who is right? And how could there have been any doubt? The reason the argument rages so often is that…

Renegade Economist
MichaelHudsonHousingMarket

The Michael Hudson Series (Part 1) – The Housing Market

Prof. Michael Hudson gives a series on the global economic crisis. Views you will not get in the mainstream.

Renegade Economist
MichaelHudsonBailout

The Michael Hudson Series (Part 2) – The Bailout

Michael Hudson reveals the real motives behind the international bailout package.

Renegade Economist
michaelHudsonIncomeTax

The Michael Hudson Series (Part 3)– Income Tax

Michael Hudson address the economic issues that now face everyone.

Renegade Economist
CoOpFutures

Make a Job, Don’t Take a Job – Co-operative Futures Conference 2013

We now need to make a job not take a job. The co-operative structure is a wonderful solution to widespread unemployment

Renegade Economist
MichaelHudsoneconomicRent

The Michael Hudson Series (Part 4) – Economic Rent

Professor Michael Hudson talks about the importance of economic rent.

Renegade Economist
TalkShowPakistan

Renegade Economist Talk Show - Pakistan Special: Truck Painting in Karachi

While in Pakistan the Renegade Economist investigates the intriguing world of truck painting in Karachi.

Renegade Economist
Letsreflatehousing-bbulbbe

Let’s reflate the Housing Bubble…

Neo-liberal politicians want to re-inflate the housing bubble… is that wise?

Renegade Economist
NoMoreBusinessAsUsual

Ross Ashcroft - No More Business as Usual

Ross Ashcroft gives the 2012 keynote for the Renegade Economist Winter Series.

Renegade Economist
TalkShowDavidMalone

Renegade Economist Talk Show – In Conversation with David Malone

David Malone is the author of The Debt Generation and also an independent filmmaker covering philosophy, science and religion. David is a fierce critic of…

Renegade Economist
VanquishingMiddleMen

Vanquishing the Middle Men

This is the future of banking. Like during the 16th Reformation you either evolve or die. Watch why…

the-economic-scam

The Economic Scam

The standard economic model is a brilliant piece of mathematics, winning Nobel Prizes for its originators Kenneth Arrow and Gerard Debreu. It proves how if…

FinancialReformation

The Economic Reformation

So, what should economics be about? Well, that depends on your values and world view. If you believe that everyone should have an equal chance…

privatedebt

Private Sector Debt

It’s what’s left unsaid All the talk from politicians, economists and even most journalists is of government debt to GDP ratios. All of the problems…

Capturing-LandValue1

Capturing the Value - the Land Question Part 1

Some people just care about practical or personal concerns, and value capture is just as relevant from this perspective. Through it we begin to replace…

Capturing-LandValue3

Capturing the Value - the Land Question Part 2

You own yourself, and by extension you own what you make through labour or voluntary transactions thereof. Land, however, is not a fruit of labour.

Capturing-LandValue2

Capturing the Value - the Land Question Part 3

Anything less than an equal share is a violation of the Law of Equal Liberty, for any exclusive claim over natural opportunities necessarily reduces the opportunities…

1100929ce10c721cac00963df69d3ca3_L

MASSIVE PROFITS!!! But from where?

The answer depends on two things: how those profits are derived, and what happens to them. Last week we noted how the senior executives and…

education-is-a-bubble

Democracy and the power of corporations

Education Seen in a longer timeframe, education is best imparted from kindergarten and up. In this regard it can be said that true education is…

kenyes

Selective Amnesia? The answer is under your feet

Throughout the 19th century the integrity of economics was steadily eroded. Whereas the ‘classical’ founders of the discipline had set their enquiries in the rapidly changing…

Renegade Economist
Reeves-in Conversation

Renegade Economist Talk Show - In conversation with Rev’d Donald Reeves

With the Church of England in disarray who better to talk to about dissent and the occupy movement than the legendary turbulent priest.

One-Mans-Loss-

One Man’s Loss is Another Man’s Gain

At the beginning of this series, I suggested a definition of wealth as ‘the ability to purchase in the market place those goods and services…

44ea8054159099b6b90b5528233befe0_L

Magical Thinking, Meteorology and Economic Forecasting.

Mainstream economic models ignore debt. The argument goes like this: if I lend you £1 then you have +£1 and I have -£1; and -1…

Renegade Economist
TalkShowAlastairParvin

Renegade Economist Talk Show - In conversation with Alastair Parvin, Architect and Designer

Alastair talks about architecture, land, design and hitting the greatest monopoly of all…

One Day All This Will Be Yours

It is entirely natural for parents to want to support their children in every way possible, and for some this includes making financial provision for…

Renegade Economist
TalkShowIanMason

Renegade Economist Talk Show – In Conversation with Ian Mason

Barrister and School Principal Ian Mason addressed the UN: One World One Wealth - Economics, Justice and the Rights of Nature. We ask him how…

Shadows

Great Crisis Brings Forward a Generation of Great Leaders

In Britain the term “Lost Generation” was originally used for those who died in World War I. People mourned that “the best of the nation…

Principles of a Balanced Economy

First, if the city or state developed following the course of a river system and the river suddenly changed direction or dried up, its economy…

Tim Van Spink Smythe Glib is getting back into banking…

The crises we face today are created by humans and what is created by humans can be changed by humans, so we are all capable of transforming our world.

Satish Kumar

Charles-Darwin-1880-631.jpg__800x600_q85_crop

Distorting Darwin or How the West was Won

The Victorian age was one of great progress and great folly, and particularly a time of great ideas. While we scoff at buttoned down Victorian…

d45a54d5d947891dd1cd75d25cbe05d0_L

The Semiotic Theory of Money

Interviewed by the Financial Times (June 7th 2003), Friedman admitted that, “The use of the quantity of money as a target has not been a…

Renegade Economist
Kent

The Man with 900 Houses

Ross Ashcroft catches up with Britain’s Buy to Let King Fergus Wilson, a man who bizarrely seems to be totally in the dark to the…

Let's reorganize enterprises in our society so that all the workers together make the decisions - what to produce, how to produce, where to produce and what to do with the profits.

Richard Wolff

Renegade Economist
keiserreport

Renegade Economist Talk Show – Christmas Special with Max Keiser

Former Wall Street trader and founder of Karma Bank Max Keiser gives Christmas cheer to Renegade Economist viewers.

bricksmortar

The Myth of Housing Prices

The time for change Despite a faltering economy and the increasing squeeze on living standards, rising house prices remain persistently but not unsurprisingly viewed as…

economicscam-part2

The Economics Scam - Part 2

But it’s more than that, because the theory says that to reach equilibrium (the point at which prices match everyone wishing to buy with someone wishing to…

krugvkeen2

The Economics Spring

The Tipping Point I may be wrong, but it looks like a tipping point. A host of concerned economy-watchers are beginning to understand that most…

Queenlse

The Economic Crisis Within

This simple question reflected a widely held view that economics as a subject had something to answer for. For a proportion of economists (and their…

Money1

Our Monetary System

They assume that money is essentially tokens that get passed from person to person as they exchange goods. One would assume that the amount of…

BRITAIN-ELECTIONS-LABOR

The Cause of this Crisis? Leadership

Hierarchy v Self-responsibility Disintegrating hierarchy will eventually be replaced by self-responsibility - but we are not there yet. Combine a lack of strong principled leadership…