Archives for

growth

Money through the looking glass

Caroline Whyte argues that the only way to achieve degrowth without crashing the global economy is to change the way that money is issued. Yet, paradoxically, it would be advisable for central bankers to continue to publicly disagree with the Vollgeld and other debt-free-money campaigns’ suggested financial reforms - and for the campaigners to continue their campaigns regardless, not letting themselves be discouraged by the officials' stance.

Cursed to live in interesting times

Brian Davey connects the fall in the growth rate, with its roots in the rising costs of energy extraction and generation, to declining resilience in the economic system. He argues that these are in turn related to a more conflict ridden geo-politics. There is an increased vulnerability to shocks which will be catastrophic unless and until there is a new conventional wisdom in society about what is wrong and what has to be done about it.