Issue 28 – Dec 2023


First word

Take heart

Challenging the Econocrats – those  people who use mainstream economic thinking to define political debate –  is not for the faint-hearted.  Their failure to even envisage the possibility of the

Read More »

Stripped back

Life’s bare necessities are revealed in death to Professor Verity Bastion. Nowadays I attend more funerals than cocktail parties. They can be quite jolly affairs and it is remarkable what

Read More »

The cost of killing crisis

The economics of war do not add up to anything good. Frances Coppola tallies. Wars are costly. Not just for the participants, but for everyone. Human lives are destroyed, productive

Read More »


Moral bankruptcy

Colin Mayer CBE is an eminent Oxford University professor and fellow of the British Academy – the top club for social scientists.  He believes that capitalism is in crisis and

Read More »

Money talks

Seven years ago a group of students who were central to the revolt against mainstream economic teaching in universities, published a book, The Econocracy.  This book criticised mainstream economics education

Read More »


Unhealthy profits

Surgery by Christopher Mouré and Shai Gorsky to explore what takes the not out of not-for-profit healthcare in the US.  At the end of November 2023, the New York Times

Read More »

How scarce is an opportunity

William Darity Jr. explains why scarcity isn’t everything. One of the consistent obstacles for aggressive action to address global warming is encapsulated in the question, “How will we pay for

Read More »

The circular root

Emma Fromberg experiments with new metaphors to illustrate the changes needed to cultivate a circular economy. It is undeniable that much of the sustainability buzz is generated by businesses putting

Read More »

Cents and sensibility

Fifty years ago the Limits to Growth report started a debate that pitted environmentalists against economists — and the economists won. Richard McNeill Douglas investigates why and what comes next. 

Read More »

Book Reviews

Time of your life

Having free time need not require great wealth – Guy Standing’s The Politics of Time explains why work is overvalued. Review by Alex Kozul-Wright. The Politics of Time is not

Read More »

The Parasite that is consuming the World

Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises (2023), by Marjorie Kelly with foreword by Edgar Villanueva. Published by Berrett-Koehler Publishers, ISBN 9781523004775.

Read More »