Should governments have to clean up the damage left by their central banks? In a speech given in December, Mark Carney - echoing a classic …
Archives for October 2017
Poll shows 85% of MPs don’t know where money comes from
The results of a new poll of MPs reveal a worrying lack of understanding of the UK’s money and banking system across the House of Commons. …
Poll shows 85% of MPs don’t know where money comes from
Only 15% of MPs polled know that new money is created when banks make loans 19% of Tory MPs are aware of this, compared to …
Why diversity matters at the Bank of England
The Bank of England’s mission is to ‘promote the good of the people of the United Kingdom’, but it won’t be able to do so until it is more …
Youth network training
What? A day of participatory training in presentation and campaigning skills. When? Friday 10th November 10:30am - 5:00pm Where? The …
What’s the difference between wealth inequality and income inequality, and why does it matter?
Wealth inequality is in the news, with our friends at IPPR pointing to just how ‘unevenly divided’ wealth is in the UK. The problem is huge: …
The Bank of England’s depiction of inequality data is dangerously misleading
In an important speech in Liverpool in 2016, Mark Carney defended the Bank of England (BoE) against the charge that QE has caused inequality …
Official data shows richest gained over £300,000 each in era of QE
Same dataset used by Mark Carney to claim “poorest have gained the most” from QE shows wealthiest have gained nearly 200 times …
Positive Money’s Economics: Keynes, not Friedman
Our proposals have little to do with the economic school of monetarism, in the vein of Milton Friedman and the Chicago School. Instead, John …