Dec 18, 2012 2 Comments
This paper by Anne Ryan examines the role of basic income in constructing a dynamic, diverse and democratic social economy. ‘Basic income’ means a regular, sufficient and unconditional income, administered by the state and issued to every member of society. Ryan places basic income in the context of a wider framework of important reforms and believes that it could be implemented during the current crisis in Ireland.
Sep 10, 2012 No Comments
In this talk given to the Cafe Economique in Nottingham on August 30 Brian Davey takes us on a lightning tour of economic thought from the ancient Greeks onwards, describing the increasingly shaky relationship between economics and moral philosophy.
Jul 23, 2012 2 Comments
This paper was prepared by Graham Barnes for the International Social Transformation Conference in Split, Croatia, He argues that “once we realise that currency – nay, money in general – can be designed to fulfill or support specific objectives, it sets us free. Free from the constraints of the broken pseudo-science that is mainstream economics; free to recognise that not all transactions are of equal importance; and potentially free to redesign ourselves away from our existing pervasive elite monetary hegemony and reclaim the monetary commons.”
May 26, 2012 3 Comments
At the Feasta climate weekend in Wales last month David Knight gave a presentation on ‘fracking’: the use of unconventional methods for extracting natural gas. Fracking has become the subject of much controversy on both sides of the Atlantic as the energy industry lobbies for its widespread adoption. Knight discussed its viability in terms of energy return on investment, its potential as a pollutant and its effect on climate change. You can download his powerpoint slides from this site now, along with the script he used while giving the presentation.
Apr 20, 2012 1 Comment
Nick Bardsley, a Feasta member and lecturer in climate change economics at the University of Reading, has prepared a slideshow presentation for the recent Feasta Climate Group weekend which is now available for download. In it he discusses the problems associated with a biofuel-based economy, drawing on the work of energetics analysts Mario Giampietro and Kozo Mayumi. Nick also discusses his own challenges as a lecturer in ecological economics.
Apr 11, 2012 No Comments
This essay by Brian Davey forms part of a Nottingham University open source radical engineering course. It explains where economic growth comes from, rival understandings of it in economics and what problems it causes. It also introduces “ecological economics” which is a concept system that recognises these problems and seeks solutions to them within the bio-physical carrying capacity of the planet.
Oct 16, 2011 11 Comments
Jul 19, 2011 1 Comment
The EU’s collective austerity programme will do little or nothing to save the problem countries – Ireland, Greece, Portugal and Spain – from default and the rescue fund set up by the IMF and the ECB will only buy time before they do so. Richard Douthwaite argues that a limited, targeted injection of non-debt-based euros could provide a neat and swift solution to a debt problem the whole eurozone shares.
Jun 11, 2011 Comments Off
What would happen if, instead of the European Central Bank providing liquidity to private banks in order to ward off financial collapse, it provided funding to mobilise a green workforce to tackle urgent environmental challenges? The salaries would effectively transfuse local economies and the scheme has precedence in the Common Agricutural Policy which already pays farmers to protect the environment. This Irish adaptation of the Job Guarantee developed by Modern Monetary theorists in the US is proposed by Emer O’Siochru in an article on the Smart Taxes Network website.
Jun 06, 2011 4 Comments
Many discussions on sustainability rarely mention the world’s growing population and whether current or projected future levels are – or can be made – compatible with living within the limits set by the Earth’s regenerative capacity. David Knight’s paper shows that the growing population is not incompatible with lower levels of energy use, but that the rising levels of consumption in rich countries and “emerging” ones like Brazil, India and China certainly are.
May 30, 2011 1 Comment
Wikipedia and the Linux computer operating system were both created by unpaid volunteers using the internet, and both are out-competing their commercially-produced rivals, such as the Encyclopaedia Brtiannica and Microsoft. Are they examples of a new type of economy which has a lot further to go? Michel Bauwens, the founder of the Peer-to-Peer Foundation (P2P) believes so.