We've published a new report: Sovereign Money: An Introduction This report presents a reform to the banking system that would remove …
Economic Analysis, Theory
To be made sick by medicine: Quantitative easing and inequality after the financial crisis
The sustenance of economic systems often relies on delicately balancing two perilous extremities. When looking at inequality, for instance, …
UK citizens could have received £6,834 each
In response to potential economic uncertainties arising from the recent Brexit vote, the Bank of England announced it would be expanding its …
QE 101 (Part 2): How Does the Bank of England Create New Money?
A lot of people can go their entire lives without asking themselves how money is created and where it comes from. On the other hand, as the …
Inflation & The Bank of England’s New Catch 22
The British inflation rate for September increased faster than expected to 1% – a two-year high – primarily due to rising prices for …
Wealth ‘halved in a decade’ for people in their 30s: What’s money got to do with it?
A new report by the Institute for Fiscal Studies (IFS) shows that people in their early 30s are half as wealthy as people of the same age …
Quantitative Easing is back – but will it help the real economy? (nef)
Last week the Bank of England surprised commentators with the scale of its post-Brexit monetary stimulus package. It included a new £70bn …
Prime Economics: “Academics and civil society clash on money”
Geoff Tily has some interesting and balanced analysis on the academic debate around money reform, in particular the debate between Giuseppe …
Our response to critics in the Cambridge Journal of Economics
The Cambridge Journal of Economics (probably the leading journal of Post-Keynesian economics) has published an entire special issue on …