Our monetary system isn’t working. Only around 10% of new credit creation by banks goes to productive activity. The current ‘recovery’ is …
Archives for April 2014
Why there will be no “shortage of money”
Positive Money's proposals to reform the creation of money have recently been commented on by Martin Wolf, the chief economics commentator …
A Response to Paul Krugman on “Is Banning Banking the Answer?”
Paul Krugman, the Nobel-prize* winning economist has written a commentary on Martin Wolf's article "Strip banks of their power to create …
The debate on money reform goes mainstream
Martin Wolf's recent article in the Financial Times has sparked a major debate in the mainstream media. The article discusses the …
From negative to positive: Money without the debt
We need to reform a money system that no longer serves the needs of the public This article appeared originally on the Sheffield Political …
“Strip private banks of their power to create money”: Financial Times’ Martin Wolf endorses Positive Money’s proposals for reform
[first]Positive Money's proposals have just been advocated by Martin Wolf, the chief economics commentator at the Financial Times, in an …
The Revolution in Economics?
The world has changed, the syllabus hasn't – is it time to do something about it? The Post-Crash Economics Society is campaigning for the …
Economics textbooks teach a “mythological” story about what banks do, claims former bank regulator Lord Adair Turner (Full transcript)
Lord Adair Turner, who was the chairman of the UK Financial Services Authority from 2008-2013, gave a brief but hard-hitting speech last …
Why I support Positive Money – Videos from Conference 2014
"All these years I've been trying to solve problems, now I know where the problem comes from." In these 3 short videos below the Positive …