People’s QE goes mainstream
18 August, 2015Labour leadership candidate Jeremy Corbyn has sparked a major debate about monetary and economic policy by calling for what he calls a ‘People’s QE’. He argues that ‘The Bank of England must be given a new mandate to upgrade our economy to invest in new large scale housing, energy, transport’. People’s QE is similar to [...]
Greece, Sovereign Money, and what happens on Sunday
4 July, 2015I wanted to write something after being lucky enough to spend time in Greece over the last 10 days. Several people have got in touch to suggest that Positive Money should be “telling the Greek government about creating a sovereign money system” as the solution to their problems. I would compare that to telling someone [...]
A new era for monetary policy – Event with Adair Turner (Video)
17 February, 2015On October 7th 2014, we hosted thirty economic thinkers from civil society, trade unions, business, academia, politics, and policy attended a roundtable at the RSA to think about how monetary policy can help to build a sustainable economy. The main speaker was Lord Adair Turner, former Chairman of the Financial Services Authority (FSA). Lord Turner [...]
Positive Money at Occupy Democracy
13 January, 2015On a cold Saturday evening the weekend before Christmas, I left my friends enjoying mulled wine at Winterville and headed towards Parliament Square to give a workshop at Occupy Democracy that was taking place that weekend. I arrived at the square and was met with a crowd of people and a police woman blocking the [...]
MPs debated Money Creation and Society
27 November, 2014After 170 years of silence from the House of Commons on the subject of money creation, there was finally a debate in the Main Chamber at the House of Commons on the subject of ‘Money Creation and Society’ on 20th Nov 2014. During the debate we heard 8 speeches from: Steve Baker MP, Michael Meacher [...]
Positive Money Conference 2014 – Booking Open!
18 December, 2013When friends or acquaintances say to me that Positive Money's campaign is just not realistic, that what we are trying to change is too big, too abstract, this is what I want to say to them. We are at a point in history where we have never seen so much wealth. Technology has never been [...]
The housing market – unsustainable asset bubble or ladder to prosperity?
3 October, 2013This article first appeared in Blue & Green Tomorrow’s Guide to Sustainable Homes 2013: Every time I attend to a lecture on house prices, there is always a question in the Q&A from a continental European (usually German or Dutch). They ask, ‘What is the obsession that British people have with buying houses? We don’t have [...]
Osborne in denial over housing bubble – says City AM
18 September, 2013We’ve been warning for three years that there are only two ways to get the economy growing again: 1) Allow banks to create more money when they make loans. This would push up house prices and leave families with even more debt. 2) Get the Bank of England to create new money instead. This [...]
Do we really want house prices to go up again? BBC analysis skirts the key issues again
13 August, 2013Today there has been a big buzz around the fact that house prices are on their way up again. But is this a good thing? Many people that follow Positive Money will know our answer...NO! For our detailed analysis and video click here. But it does seem that the analysis on the BBC is [...]