Discussion Paper

Thomas Paine’s 1797 call for a Basic Income: a new paper tells the full story

"With the Covid-19 crisis, calls for a basic income are gaining new momentum. The U.S., and other countries too, could enjoy the immense society-wide benefit of a Basic Income if they are willing to set aside the sour grapes argument...of not providing a social safety net to out-groups," writes Brent Ranalli.

End of the Oilocene – The Gathering Storm

"Properly understood, money acts simply as a ‘claim’ on the output of the energy economy and driving up the aggregate of monetary claims only increases the scope for their elimination in a process of value destruction," warns Tim Clarke. He goes on to argue that Ireland is in a particularly vulnerable financial position, which is likely to lead to severe problems in the near future.

The role of innovative monetary policies in supporting a Green New Deal and a more sustainable future for Europe and the world

In this paper Deirdre de Búrca, who has been advocating a Green New Deal since 2009, discusses the politics and substance of such a Deal before tackling some of the monetary and financial issues relating to its implementation.