Issue 33 – Mar 2025

First Word

Days of future passed

Currently, everyday events are unfolding that are likely to play a significant role in future histories. The USA is no longer a dependable European ally, at best; the US government

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Column

Viennese faults

The good professor sings Chicago and thinks it’s time to question a broadcasting dynasty. Please, nobody mention the Dimblebys.  I used to be a fan.  The melodious Richard on the

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Interviews

Route of all evil

In a far-ranging interview, economist Jo Michell, navigates us through key periods and transformations in economic thought, culminating in the cataclysmic event of the Second World War. Key points Pre-Smith

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Subjugate to accumulate

Classical economics developed at a time when slavery, colonialism and empires were the norm, but such relationships never get mentioned in the great works that have shaped the discipline of

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To coin a phrase

Thorstein Veblen, a name barely recognised outside academic circles, was a revolutionary economist who challenged the core tenets of his discipline and called out displays of wealth. Mary V. Wrenn,

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A care in the world

While the term care economy is arguably an oxymoron, Tim Jackson, best-selling author of Prosperity without Growth and renowned ecological economist, is exploring what an economy that had care at

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Articles

Warning – explicit language

Donnie Maclurcan offers a guide to philanthropic organisations on how they might improve their game in today’s world where growth can be sidelined and the C-word banned. I sense a

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From morality to merchandise

Adam Smith’s life and intellectual journey from BBC Radio 4’s In Our Time with the help of Gemini. The 18th-century Scottish Enlightenment was a hotbed of intellectual ferment, producing thinkers

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Same as the old boss

In November 2020, Zambia defaulted on its international debt, the first African country to do so since the start of the COVID-19 pandemic. Howard Stein and Horman Chitonge criticise the

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Book Review

Growth: some inconvenient truths

Could claims that economic growth can persist forever and ever and global warming is not an obstacle actually be delusional? Steve Keen offers evidence. Daniel Susskind’s book  “Growth: A Reckoning”

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