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How destructive is the middle class?

January 5, 2018

How destructive is the middle class? Firstly, I’ve no wish to define people by accidents of birth and then condemn them for the effects of those accidents – by accent, dress, or other filial habits. Whichever class we’ve been born into remains as our original soil. Parenthood, love, loyalty and some behavioural codes, grow from […]

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Limits to Economic Growth?

December 19, 2017

Limits to Economic Growth? These are notes from a short lecture given at Nottingham University on 28th November 2017. Click on the images to enlarge them. 1 Production Increase During the 17th and 18th centuries the rise of mercantile power, colonialism and a slave economy was associated with the development of the idea that “improvement” […]

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The future of renewable energy

October 13, 2017

The future of renewable energy I’ve been reflecting on the idea that the current energy system is starting to be swept along by a technological revolution somewhat akin to the “revolution” over the last 30 years in computers and telecommunications that has brought personal computers, mobile phones and the internet. Read some of the literature […]

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The Strange Idea of Negative Interest

April 14, 2016

The Strange Idea of Negative Interest This article addresses the role of demurrage (negative interest) in the design of new currencies. But it takes a roundabout route with diversions around the zero and negative interest rates being currently applied to fiat money; and a detour via positive interest which is itself a stranger idea than […]

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New currencies and their relationship with fiat currency

August 2, 2015

New currencies and their relationship with fiat currency Complementary Currencies aim to work alongside the pound or the dollar. Classically they seek to broker exchanges of underused resources with unfulfilled need, and facilitate activity in niches neglected by the mainstream economy. They do much good work and are worthy of support. Intentional Currency designs on […]

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The Greece and Eurozone Crisis Made Simple

July 7, 2015

The Greece and Eurozone Crisis Made Simple One can go into long convoluted explanations but, as I see it, there are two basic problems, one leading into the other. The more superficial problem is that in a single currency zone without the option of devaluation purchasing power will drain to the more competitive countries. To […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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