The gap between the very richest and the rest of us has increased continuously over the last thirty years. Did you know that top 10% of …
Economic Analysis, Theory
Lord Turner about Credit, Money and Leverage (Video)
Lord Adair Turner, former Chairman of the Financial Services Authority made an excellent speech entitled "Credit, Money and Leverage: What …
The economic madness of Help to Buy
The UK has a serious household debt problem. In 2012 it stood at almost 150% of disposable income, one of the highest levels amongst …
Wikipedia does not describe the process of money creation correctly
The pages in Wikipedia on fractional reserve banking, and money creation still give top billing to the discredited …
Osborne in denial over housing bubble – says City AM
We’ve been warning for three years that there are only two ways to get the economy growing again: 1) Allow banks to create more …
Can you help avert another financial crisis?
Andrew Jackson, Positive Money's chief economist (and co-author of Modernising Money and Where Does Money Come From?) is just typing up the …
End fractional reserve banking and fix the economy
When you ask the man in the street how money works, they will suggest that it’s a system of tokens that circulate forever. That system is …
Senior economists queue up to dismiss textbook explanations of our monetary system
For decades now, the major economic textbooks have been teaching an explanation which is not just wrong, but back to front. The textbook …
The cancers at the heart of the banking system
"The cancers at the heart of the banking system are explicit and implicit deposit insurance, destabilising the system, creating financial …