A Staff Working Paper published by Canada's central bank last week concluded that a central bank digital currency (CBDC) could address the …
Economic Analysis, Theory
Should credit be guided? (IIPP)
This blog was originally posted on the UCL Institute for Innovation and Public Purpose blog, hosted on Medium. In academic and policy …
The Future of Money Conference in Frankfurt
On November 24th, Positive Money had the pleasure to attend The Future of Money conference that took place at the Frankfurt School …
New Bank of England research adds to the case against loanable funds
Understanding banks hasn’t always caused such difficulty for economists. In the first half of the twentieth century, theorists like Joseph …
Another top economist supports our Digital Cash proposal
As we explored last week, our proposal for Digital Cash in the form of a central bank digital currency (CBDC) is rapidly gaining the …
A Government is not a household
Claims of ending austerity ring hollow, unless we do away with the 'household' fallacy The single greatest masterstroke of the …
Modern Monetary Theory and Positive Money, Part 2: Money and Debt (2)
This is the third in a series of blogs looking at the relationship between Modern Monetary Theory and the proposals made by Positive Money. …
Modern Monetary Theory and Positive Money, Part II: Money and Debt (1)
This is the second in a series of blogs looking at the relationship between Modern Monetary Theory and the proposals made by Positive Money. …
Average UK household lost at least £23,000 in decade since financial crash
10 Years On campaign launches tool allowing public to calculate how much they’ve lost out since 2008 crash Analysis comes …