Author Archive

Blockchain & Sustainable Communities: Potential & Pitfalls

Aug 27, 2016 No Comments 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 by
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.
Currencies, News Read more

Privatising Air

Feb 26, 2016 Comments Off on Privatising Air by
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?
Commentary Read more

A Financial Transaction Tax (FTT) for Ireland

Jan 27, 2016 Comments Off on A Financial Transaction Tax (FTT) for Ireland by
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.
Commentary Read more

Motivations for New Currency Design

Nov 19, 2015 Comments Off on Motivations for New Currency Design by
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.
Commentary Read more

Is Localism a sufficient focus for Intentional Currencies?

Oct 16, 2015 4 Comments by
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.
Commentary, Discussion Paper Read more

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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Basic income (BI) & intentional currencies

Jun 10, 2015 Comments Off on Basic income (BI) & intentional currencies
If a Basic Income is indeed a Good Thing, then new currencies will increasingly seek to build it into their design from the outset. This article by Graham Barnes looks at the rationale for BI and at implications for currencies that incorporate BI as one of their currency issuance mechanisms.
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The Bank-State Bargain

Mar 31, 2015 2 Comments
Banks create money out of nothing when they extend loans and then charge borrowers interest on this newly created capital. The result is an ongoing multi-billion pound/ dollar subsidy breaking the basic rules of capitalism. What is perhaps even more surprising is that there appears to be no explicit description of the 'bargain' underlying this important arrangement. By Graham Barnes.
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The Mainstream Money Mess – three aspects… and what they mean for new money-forms

Feb 02, 2015 Comments Off on The Mainstream Money Mess – three aspects… and what they mean for new money-forms
This article by Graham Barnes looks at three of the most poisonous aspects of Mainstream Money from the perspective of a currency designer exploring new money-forms.
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Capital without Capitalism: A Currency Design Perspective

Nov 11, 2014 Comments Off on Capital without Capitalism: A Currency Design Perspective
The recent surge in interest in the design of new currencies is partly informed by a creeping realisation of the unfairnesses of the so-called free-market and its associated monetary dysfunction. Re-engineering money offers us the chance to imagine and create a more sustainable economic infrastructure. By Graham Barnes
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23 Things They Don’t Tell You about Capitalism by Ha-Joon Chang: Review

Oct 16, 2014 Comments Off on 23 Things They Don’t Tell You about Capitalism by Ha-Joon Chang: Review
Graham Barnes writes "There were so many tweetable gems in the 260 pages of this book, that I had to exercise self control or be suspected of agency status."
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