Despite popular rhetoric, the World’s biggest economy did use the state’s money creating powers to help boost output. Guess what, it didn’t …
Economic Analysis, Theory
How would you be affected if the Bank of England started issuing digital cash?
We've just published a new report arguing that the Bank of England should start issuing 'digital cash' - essentially an electronic …
Making Money Work (Video)
On Monday 7th September 2015, Positive Money hosted a high-level panel discussion, “Making Money Work”, with Lord Adair Turner, Professor …
Money Creation for Public in Germany – Moving Beyond Weimar (A History of Public Money Creation, Part 6)
Many economists have a misunderstanding of what caused hyperinflation in the Weimar Republic. More importantly, many economists …
Transition to a public monetary system
We need a serious public and political debate on the pros and cons of the current monetary system, the alternative of public money creation, …
The cracks begin to show – A review of the UK economy in 2015
On 29th December 2015, the Economists for Rational Economic Policies (EREP) network published its Review of the UK Economy in …
The Story of Our Economy in 2015: A cocktail of household consumption, household consumption, and more household consumption
Debt-fuelled consumption underpinned economic growth in 2015. Without upgrading the policy ‘toolkit’ available to the Bank of England, the …
Public money creation where you least expected it! (A history of public money creation Part 4)
Throughout history, Public Money Creation has been the norm, rather than the exception. What can we learn from money creation by the former …
Bank of England data shows that UK economy remains unbalanced
GDP might be growing, but new figures released this week show some cause for concern. Data about the state of the UK economy in …