• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Go to Positive Money Europe
  • Go to Positive Money US

Positive Money

Making money and banking work for society

  • About us
    • Our vision
    • Who we are
    • History & highlights
    • Contact us
    • Current vacancies
    • In the media
    • Funding & Annual Reports
  • What we do
    • Educate & empower
    • Research and Policy
    • Campaign & local groups
    • Influence decision makers
    • In the media
    • International Movement
    • Events
  • Resources
    • Videos
    • Publications
    • Local group resources
    • Lobby your MP
    • Organise an Event
    • Policy resources
    • Shop
  • Press
  • Blog
  • Donate
  • Positive Money Europe
  • Positive Money US

Andrew Jackson

Andrew Jackson

Andrew Jackson holds a BSc in Economics and a MSc in Development Economics from the University of Sussex, and is currently studying for a PhD at the University of Surrey. He is a co-author of the book “Where Does Money Come From? A guide to the UK monetary and banking system” with Josh Ryan-Collins and Tony Greenham from the New Economics Foundation, and Professor Richard Werner from the University of Southampton.



A Government is not a household

29 October, 2018
Claims of ending austerity ring hollow, unless we do away with the 'household' fallacy The single greatest masterstroke of the Cameron-Osborne era was to undercut future progressive policy by mainstreaming the idea that the government needs to manage its finances like a household. As the Budget approaches, we should remain sceptical of any claims, like [...]


Who should have the power to create money?

9 May, 2014
Who should have the power to create money? In Modernising Money we argue that the power to create money should be removed from the banks and transferred to a democratic, transparent, and accountable body. Martin Wolf recently backed these proposals, but Ann Pettifor describes them as 'deeply flawed' and 'outlandish'. One of Ann's main concerns [...]


The Positive Money proposal in balance sheets

2 May, 2014
Clearing up some confusion The monetary system is complicated, as are the various proposals for reforming it. Unfortunately, it is often not possible to describe complex systems in words without leaving some ambiguity in the mind of the reader (hence the usefulness of maths in science). Worse still, these ambiguities can be amplified by preconceived [...]


Why there will be no “shortage of money”

29 April, 2014
Positive Money's proposals to reform the creation of money have recently been commented on by Martin Wolf, the chief economics commentator at the Financial Times.  Ann Pettifor argues that the proposal is 'deeply flawed' and would lead to “a shortage of money, high unemployment and low economic activity”.  I want to address some related points [...]


Would Positive Money reform lead to a reduction in credit available to businesses?

5 February, 2014
One of the really common concerns that comes up regarding the Positive Money system is that it would lead to a reduction in credit available to business and therefore stagnation/deflation, a lack of dynamism, low growth, etc. The argument is basically that monetary reform is a choice between growth and dynamism on one hand and [...]


SOVEREIGN MONEY – Paving the way for a sustainable recovery (Report)

13 November, 2013
By fuelling our economy through ever-rising levels of household debt, we are repeating the mistakes that led to the 2007-08 financial crisis. Ever since that crisis, the government and Bank of England have tried to encourage further borrowing and further lending by banks. But this is treating the cause of the financial crisis – excessive creation [...]


Adair Turner: “Debt, Money and Mephistopheles: How do we get out of this mess?”

12 February, 2013
On the 6th of February, the chairman of the FSA, Adair Turner, gave a speech at Cass Business School, entitled “Debt, Money and Mephistopheles: How do we get out of this mess?” The subject of the speech was the way in which the economy might be brought out of recession. The following post is merely [...]


The Chicago Plan & Positive Money’s proposals – What is the difference?

23 January, 2013
This article was originally published on the Clint Ballinger’s website on 25th December 2012 as a reaction to the previous post on Post Keynesianism, MMT, & 100% Reserves Project, Post No. 2. It gives an answer to the question: Does full reserve banking actually stop banks being able to create money out of thin air? The Positive [...]


Not a Pretty Picture – Lending to Businesses Down Again…

2 May, 2012
Today the Bank of England published its trends in lending dataset. Unfortunately it doesn't make for pleasant viewing. The chart above outlines the ‘three month annualised growth rate’ of lending to individuals and businesses in the UK – in effect it shows what the yearly growth rate in lending would be if the rate over [...]
  • Go to page 1
  • Go to page 2
  • Go to Next Page »

Primary Sidebar

Get our latest campaign updates

Recent Posts

  • Interest rate decision – Positive Money response
  • Concerns raised over vested interests of Lords pushing for financial deregulation
  • We need more than new homes: new census data confirms UK building stock is growing faster than population
  • 12 highlights from 2022
  • Positive Money at The World Transformed

Footer

Follow us on social media

  • Facebook
  • Instagram
  • Twitter
  • YouTube

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.


Privacy Policy, Terms & Conditions


Positive Money is a company limited by guarantee registered in England and Wales. Registered number 07253015.
Registered office: 104 Davina House, 137-149 Goswell Road, London EC1V 7ET.


Positive Money Europe