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All posts in Economics

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Roman Krznaric on Empathy

Roman Krznaric, author of ‘Empathy: Why it matters and how to get it”, talks to us about empathy in the age of self interest.

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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…

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Cultural conflict or economic apartheid?

The chances of reducing the number of lives ruined by war and other forms of social violence depend on our ability to identify the root…

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Land and Housing

Everyone has a basic right to shelter, which they should be able to call home. A home should not be an investment but a place…

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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…

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Global Coordination

Changes on the scale and complexity outlined in this book will require global coordination if they are to be effectively implemented. The power of vested…

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Steve Keen on Pensions

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

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Roulette for the rich

In 1970, ninety per cent of financial flows were used to finance trade or investment in the real economy; only ten per cent was speculative….

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Commodity-backed money versus fiat money

The use of precious metals as money goes back nearly three thousand years. Until quite recently, gold and other metals (notably silver) were the basis…

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Fiat Money

How is it that we’ve ended up with a system in which banks have the power to create money? In this extract from Four Horsemen we explain what Fiat money is.