Building a world of
resilient communities.

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.

Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas

The aim of this article is to show that the shale industry, whether extracting oil or gas, has never been financially sustainable.

The Psycho-Dynamics of the Financial Market

Mental health problems and debt finance are strongly linked.

Putting Moral Philosophy Back into Economics

But let us retrace our steps to consider what a lot of people are unaware of – economics was originally considered to be a branch of moral philosophy.

Concepts for a Fenced-off World

There is often a potential for sharing and mutual accommodation that is being ignored.
MORE ARTICLES +