Unfortunately neo-classical economics, although discredited following the 2008 Global Financial Crisis, continues to dominate economic theory – probably because it is the fundament of neoliberal ideology. For over a quarter of a century neo-classical economists […]
Do not be distracted by the title. This is an excellent article explaining the current Second Gilded Age and the ‘Medici vicious circle’, where money is used to get political power and political power is […]
Wren-Lewis discusses Tam Bayoumi’s recent book “Unfinished Business” concerning the Great Financial Crisis: “What this analysis by Tam Bayoumi convincingly shows is that finance always has to be carefully regulated, and failures in regulation can […]
It is accepted that Gross Domestic Product (GDP) is not fit for purpose, especially in this age of climate change. Charles Adams proposes an alternative. Charles Adams is professor of physics at Durham University in […]
As of July 2017, the Bank of England measured the stock of private debt held by individuals at £1.548 trillion; making household sector indebtedness one of the biggest problems facing the United Kingdom’s economy and […]
This week on Renegade Inc, we were joined by economist and author, Kate Raworth to discuss how we got here and to change the discipline of economics for the better. To watch click here
Book review by Mathew D. Rose The subtitle of Jason Hickel’s book “The Divide” is something of an understatement. The book is neither brief, nor is it a guide. Instead Hickel has written a brilliant […]
“Capitalism hasn’t come into doubt because people woke up stupid one morning. It’s in question because it has stopped delivering the goods.” Read here
I posted this article two years ago, in the wake of a coordinated series of terrorist attacks in Paris. Re-reading it after yesterday’s attack in New York, it seems as relevant to me now as […]
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