Tom Sutcliffe discusses money with the American economist Charles Calomiris, who looks back at the history of financial disasters and argues …
Archives for February 2014
A Scottish Currency? – 5 Lessons from the Design Flaws of Pound Sterling
In September 2014, Scotland will hold a referendum to decide whether to separate from the UK. A major question concerns which currency an …
House prices: If wages had kept up, we’d earn £44,000 more
House price inflation has been so extreme in recent years that if wages had grown at the same rate, many of us would be earning tens of …
Hair of the dog risks a bigger hangover for Britain (FT)
Does the UK have a sensible strategy for recovery? Just recall: the last time it tried the credit-expansion route to growth, it ended up in …
Should we accept the world’s banks can do what they like? (BBC World Service)
Barclays Bank have been criticised for cutting between 10,000 and 12,000 jobs on the same day it announced it was increasing the total paid …
Adair Turner: Escaping The Addiction to Private Debt Is Essential for Long-Term Economic Stability
Financial reforms introduced since the crisis still have not addressed the fundamental driver of economic and financial instability – …
What is Money?…and Why Does it Matter? (Video)
Felix Martin, author of the bestselling book Money: the Unauthorised Biography gave a great lecture on the nature of money and the …
The Guardian: Change to UK’s money system could solve our long-term economic problems
Oh, at long last the monetary reform movement gets a long overdue platform in the Guardian. This is the biggest story out there right now - …
How to fix the creation of money?
It seems clear that our banking system is fundamentally dysfunctional, yet for all the millions of words of analysis in the press and …