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.
Sep 14, 2015 3 Comments
This updated 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.
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.
Mar 22, 2015 Comments Off on From our archives: The supply of money in an energy-scarce world
In 2011, Richard Douthwaite wrote in Fleeing Vesuvius that "Money once bought energy. Now energy, or at least an entitlement to it, will actually be money and energy firms may become the new banks." His suggestions for achieving this transition in the fairest way possible have a clear relevance now.
Jan 07, 2015 Comments Off on Beyond Globalization: The Legacy of Richard Douthwaite (1942 – 2011) for a Degrowth Economy
To usher in the New Year, here's a paper by Willi Kiefel on Feasta co-founder Richard Douthwaite's profound and lasting impact on the green movement in Ireland.
Sep 05, 2014 Comments Off on Money as a Commons
Money is either a reward for past work, or (when issued through the device of credit) an advance secured in expectation of future work. From this viewpoint we can see money as an aspirational commons - a Common Pool Resource backed by our collective efforts, that with the right governance regime could be managed equitably and to mutual benefit. By Graham Barnes.
Aug 23, 2014 Comments Off on Community Energy in Ireland (Part 3)
Jul 26, 2014 Comments Off on Community energy in Ireland (Part 1)
Former Feasta intern Erik Jan van Oosten argues that the community energy paper (CEPPP) which was recently produced by a group of 18 Irish organisations including Feasta is an important step forward but that there are nuances and aspects that deserve further attention. In this first of three articles he discusses the societal aspects of energy production: who should have the ownership and control?
Jan 15, 2014 5 Comments
The casino metaphor has been widely used as a part-description of the phenomenon of over-financialisation. It's a handy pejorative tag but can it give us any real insights? This article by @GrahamJBarnes pursues the metaphor to extremes so that we can file & forget / get back to the football or possibly graduate to next level thinking.
Jan 08, 2014 5 Comments
This paper by John Sharry explores the many crises that civilisation and humanity will face over the coming decades some of which are already starting to have an impact. The paper proposes a central cause to these crises and particularly explores the widespread psychological inertia in the face of these vast problems. Some potential constructive choices that individuals, communities and nations could yet make are outlined.
Nov 19, 2013 Comments Off on Designer Currencies and the Preferenced Domain
Jul 19, 2013 1 Comment
This paper by David Korowicz provides an overview of the effect of a major pandemic on the operation of complex socio-economic systems using some simple models. It discusses the links between initial pandemic absenteeism and supply-chain contagion, and the evolution and rate of shock propagation. It discusses systemic collapse and the difficulties of re-booting socio-economic systems.