Author Archive

Qualitative Easing : The Urgent Need to Pick Winners

Nov 13, 2017 No Comments by
Graham Barnes identifies some of the challenges to effective investment that we're currently facing, and suggests two potential remedies: the re-emergence of the direction-setting state and the growth of value-based currencies.
Commentary Read more

Democracy In Chains : A review of Nancy MacLean’s book subtitled ‘The deep history of the radical right’s stealth plan for America’

Oct 10, 2017 Comments Off on Democracy In Chains : A review of Nancy MacLean’s book subtitled ‘The deep history of the radical right’s stealth plan for America’ by
"Other reviewers have called this book 'unsettling'. I'd go along with that. For those of us who tend to favour the cock-up interpretation of history over conspiracy theories, its a discomforting wake-up call." By Graham Barnes.
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The Future Monetary Ecosystem

Jun 08, 2017 Comments Off on The Future Monetary Ecosystem by
Over the next generation or two, there will be increasingly visible turf wars between money-suppliers with four very different motivations. It's not really a fair fight, but it isn't as one-sided as it used to be. By Graham Barnes.
Briefing Papers, Commentary, News Read more

Limits to Incentives

Apr 14, 2017 Comments Off on Limits to Incentives by
Means of exchange are never neutral as orthodox economists assume. Intentional Currencies respond by being explicit about the values they seek to promote and the outcomes they seek to achieve. An analysis of the use of incentives in currency design helps to guide that design. It also indicates strategies to utilise incentives to motivate intentional communities, NGOs and other volunteer-based organisations. By Graham Barnes.
Commentary, Currencies, Discussion Paper Read more

Questioning The Free Trade Mantra

Dec 12, 2016 1 Comment by
Graham Barnes presents three reasons for challenging the narrative that restrictions on trade are never justifiable, and goes on to argue that the potential rebalancing of an economy - away from over-financialisation towards productive activity and especially stuff of life end product like food and energy - could create its own success story/ case study and encourage others. Changing our money system would help to achieve this.
Commentary, News Read more

Blockchain & Sustainable Communities: Potential & Pitfalls

Aug 27, 2016 Comments Off on Blockchain & Sustainable Communities: Potential & Pitfalls by
This one day workshop on Friday October 28 at the Ecovillage in Cloughjordan is organised by NUI Galway School of Law, FEASTA, and Cultivate, and aims to explore the possible future applications of blockchain technology in the development and coherence of sustainable communities.
Events organised by Feasta Read more

Designing an Intentional Currency

Jul 13, 2016 Comments Off on Designing an Intentional Currency by
An epistle from an imaginary adviser to an imaginary startup currency. Time to get off the proverbial fence. With a health warning. By Graham Barnes.
Commentary, News Read more

The strange idea of negative interest

Apr 13, 2016 Comments Off on The strange idea of negative interest
This article by Graham Barnes addresses the role of demurrage (negative interest) in the design of new currencies. But it takes a roundabout route with diversions around the zero and negative interest rates being currently applied to fiat money; and a detour via positive interest which is itself a stranger idea than we have been led to believe. It suggests that demurrage is worth a place in the designer's kitbag, but not for the reason normally postulated.
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Privatising Air

Feb 26, 2016 Comments Off on Privatising Air
We seem to have entered an era of 'reductio ad absurdum' capitalism. Many of life's fundamentals such as land, water and energy have been or are being enclosed and privatised. @GrahamJBarnes asks if there is any natural limit to this. Could air be privatised?
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A Financial Transaction Tax (FTT) for Ireland

Jan 27, 2016 Comments Off on A Financial Transaction Tax (FTT) for Ireland
If implementation of an FTT is indeed a no-brainer, as suggested at yesterday's launch in Dublin of RobinHoodTax.ie, it is because of its potential influence in creating a more stable and balanced economy within a fairer society. These may not be the lead messages of a campaign featuring the #MakeBankersPay hashtag and emphasising the dogoodability of FTT tax receipts. But arguably they should be. By Graham Barnes.
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Motivations for New Currency Design

Nov 19, 2015 Comments Off on Motivations for New Currency Design
Those developing new currencies will want to explore the various motivations behind what they're doing and set out for themselves - ideally explicitly - their balance of motives. Graham Barnes identifies some of the main 'flavours' of motivation.
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Is Localism a sufficient focus for Intentional Currencies?

Oct 16, 2015 4 Comments
There are good reasons to want to improve the health and diversity of your local economy. But should locality-based currencies scale, or perhaps replicate - networking micro to build macro (HT @cjenscook)? And is localism enough or is there a role for limited-scope value-based Intentional Currencies? @GrahamJBarnes anticipates some architectural aspects of a new monetary ecosystem.
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New currencies and their relationship with fiat currency

Jul 29, 2015 2 Comments
Graham Barnes writes that "creating and maintaining a currency without any interaction with fiat is clearly a challenge. It's like asking fish to reinvent water while they are swimming around in it. But if we consider the main forms of interaction with fiat, some clues as to the management of the difficulties may emerge."
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