Building a world of
resilient communities.

The Climate Crisis and Economic Policy Choices

A major issue in climate economics is whether it is possible to halt the growth in carbon emissions and to achieve, instead, a rapid reduction.

Prejudice, Ignorance and Granfalloons – Society in the Trump Era

But what does it mean to say that a society becomes “more complex”?

Living in Unpredictable Times

Economists make forecasts about what is going to happen in the world of that great God – money.

Georgist Macro-Economics and the Land Value Tax

The ideas of Henry George are still very relevant for economic theory.

Marginal Productivity Theory

Economists tell us how consumers on the market, “voting” with their purchasing power got what they wanted and wealthy landowners got the economic theory that they wanted.

Who are the Parasites? The Radical Implications of Classical Economics

Henry George and Karl Marx developed alternative radical theories out of the ideas of Adam Smith and David Ricardo.

Fantasies of “Socialism with an iPad”?: Inventing the Future by Nick Srnicek and Alex Williams: Review

Sometimes you read a book that helps to crystalize your thinking, not because you agree with it, but because you don’t.

The Centrality of Externalities to Economic Understanding

What economists call “externalities” are not unusual or a special case, they are ubiquitous. They are rooted in private property and the relationships of market society. The way in which non market societies protect bio-diversity through totem arrangements is described.

Consumerism, Collective Psychopathology, Waste

In 1899 the maverick economist Thorsten Veblen portrayed the power elite of his day in The Theory of the Leisure Class.

Inequality, Epidemiology and Economics

Public health is an alternative indicator of well-being and is strongly correlated to levels of equality or inequality. Greater equality means greater well-being for everyone and a smaller need for the state – yet inequality has been increasing dramatically.