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Economics : 25/50 of 762
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It looks like the future - but which way does the wealth travel? High speed trains in Taiwan. Photo: Ben via Flickr.

HS2 - the wealth will 'suck out' to London, not 'trickle-down' to the North

Tony Payne

23rd May 2014

Supporters of HS2 assert that it will cause prosperity to trickle down from London to the entire North of England, writes Tony Payne. But economic theory and hard experience tell us that the reverse is more probable - that it will help London to 'suck out' northern wealth. more...
Money is much funnier stuff than you ever imagined. Photo: Doug Wheller via Flickr.

Making money - the state must reclaim its sovereign rights

Charlotte Jackson

22nd May 2014

Where does money comes from? In the 97% of the money we use is created by commercial banks out of thin air, as they advance credit. Charlotte Jackson argues that this system costs us all dear - as citizens, debtors, taxpayers, and as victims of economic instability more...
In Scotland's Hebridean Isles most 'fishing communities' have long since lost all their rights to fish, and are reduced to trapping shellfish for a living. Photo: Florian Seiffert via Flickr.

Selling the silver: the enclosure of the UK's fisheries

Emma Cardwell.

7th July 2014

Fishing quotas were meant to conserve stocks and support fishing communities, writes Emma Cardwell. But they have achieved the reverse - rewarding the most rapacious fishing enterprises and leaving small scale fisherfolk with nothing. more...
A detail from 'Paradise':

Let's build a post-growth economy that works for the 99%

Rupert Read

16th May 2014

Most of Europe is in a state of low economic growth, and it's likely to go on for a long time yet. So let's get good at it, writes Rupert Read, and build 'post-growth' economic systems that work for people and the environment - not just plutocrats. more...
Are oil company valuations as ephemeral as the smoke rising from this oil refinery? Photo: Horia Varlan via Flickr.

Oil companies' $1.1 trillion gamble

Paul Brown

16th May 2014

Financial experts warn investors that their money is being used by oil companies for high-risk projects, reports Paul Brown, on the assumption that oil prices will go on rising, with little or no regard for climate change. $1.1 trillion could be at risk. more...
Cover of 'Extracted - how the quest for mineral wealth is plundering the planet', by Ugo Bardi.

Minerals are finite. We had better start conserving them

Ugo Bardi

19th May 2014

Are we going to run out of minerals? That's the central question of a debate that has been raging for a couple of centuries, writes Ugo Bardi, when it first became clear that minerals are not life forms - and do not reproduce as we extract them from the Earth's crust. more...
Bringing out the big guns for HS2, 21st November 2013. Too bad they're all wrong. Photo: BCC Birmingham News room via Flickr.com.

HS2 is a disastrous white elephant

Rupert Read

12th May 2014

HS2, the UK's £50bn+ high-speed rail project to speed travel between London and Birmingham - and eventually Manchester and beyond is colossal waste of money, writes Rupert Read. The resources should be used to fund sustainable local and regional transport schemes. more...
Children of Swaziland. Poor for sure - but to all appearances, very happy. Photo:  Crawford Learmonth via Flickr.

Riches won't make you happy, but a greener economy might

Jules Pretty

30th May 2014

In the industrial era, economic growth has become equated with human progress, writes Jules Pretty, with a fundamental assumption that material growth and consumption inevitably leads to improvements in our well-being. Now think again ... more...
Used clothes from wealthy countries on sale at Nanyuki Market, Kenya. Photo: Konrad Glogowski via Flickr.

Anti-consumerism is not enough

Oliver Williams

25th May 2014

Our economies and our jobs depend on mass consumption, argues Oliver Williams. If we all consume less to save the planet, the economy will tank and millions will lose their jobs. The answer is not frugality, but reductions in population. more...
Well-being is far too important to be set aside in the 'nice fluffy things' category. Photo: Alison Curtis via Flickr.com.

Well-being, not growth, must be our economic purpose

Christine Berry

30th April 2014

Well-being is not just a luxury for good economic times, writes Christine Berry. Reducing poverty and promoting equality are more important economic goals than the pursuit of endless growth. more...
The Malaysian Bakun Dam is one of Asia's largest dams and had high cost and time overruns. Photo: Bruno Manser Fund.

Large dams are uneconomic

The Ecologist

22nd April 2014

A study of 245 large dams carried out at Oxford University shows that big hydropower is uneconomic. Actual costs are typically double pre-construction estimates - and have not improved over 70 years. ASEAN energy ministers take note! more...
Green growth in lower Manhattan - but is it enough? Photo: Alyson Hurt via Flickr.com.

Green growth cannot make a sustainable world

André Reichel

14th April 2014

Green growth is a myth, writes André Reichel, because it ignores the social, political and personal dimensions of sustainability. Instead we must plan for economic 'de-growth' - and go for growth only in the areas that really matter, like culture, learning and joy. more...

Economics : 25/50 of 762
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Talis Kalnars in 1999, in the Dinam Estate woodlands in mid-Wales. Photos: Oliver Tickell.

An inspirational forester

Phil Morgan

14th May 2014

Talis Kalnars was a pioneer of 'continuous cover' forestry in Britain, writes Phil Morgan. His woodlands were not only beautiful but profitable, as he nurtured the 'natural capital' of the forest ecosystem, and only harvested the dividend of high value timber. more...
Hinkley Point nuclear plant, viewed across the reedbeds from Steart. Quantock Hills in the background. Photo: Mark Robinson via Flickr.com.

Hinkley C - a nuclear subsidy too far

Paul Dorfman

8th April 2014

As the European Commission considers the £100 billion subsidy package the UK has offered EDF to build and operate Hinkley C nuclear power station, Paul Dorfman explains why the 'deal' is illegal, anti-renewables, and ruinous to energy users and tax payers. more...
Coal fired power stations will be among those to benefit from the freezing of the 'carbon floor price'. Photo: Emilian Robert Vicol via Flickr.com.

The IPCC and Osbornomics - a dangerous disconnect

Molly Scott Cato

2nd April 2014

The IPCC's latest report makes a stark contrast with Osborne's recent budget, writes Molly Scott Cato. It was all about sacrificing our future for short term benefit - when as the IPCC makes clear, what we need is the precise opposite. more...
Poundland jubilee flag maker by Banksy. Photo: Duncan Hull via Flickr.com.

Fracking is the death spasm of a defunct economic order

Paul Mobbs

5th March 2014

Political support for fracking is not just about energy, writes Paul Mobbs. It reflects the greater ecological and resource crisis at the root of our current economic woes - and only postpones the essential shift to a new kind of economy. more...
Native American or Palestinian, Awa, Inuit, Dayak or Bushman, the struggle against colonialism is one. Quanah Parker - Comanche. Photo from firstpeople.us.

Indigenous peoples of the world, unite!

Dr Sarah Marusek

13th March 2014

The struggle for collective rights unites all Indigenous peoples from North America to Palestine, writes Sarah Marusek - as does their common narrative of resistance to colonialism, imperialism and capitalism. more...
Zac Goldsmith & Boris Johnson on a walk about in Richmond, April 10, 2012. Photo: By Andrew Parsons / i-Images via Flickr.com.

No rubber stamp for the TTIP!

Zac Goldsmith

27th February 2014

The Transatlantic Trade and Investment Programme - TTIP - is a huge 'free trade' agreement under negotiation between the EU and the USA. Zac Goldsmith MP warned Parliament that it threatens to undermine key democratic principles. more...
'Foreclosing the Future' by Bruce Rich book cover.

Foreclosing the Future - can the World Bank ever reform?

Tom Griffiths

24th February 2014

Will the World Bank ever change? After decades of promises, initiatives, accords and re-branding, Bruce rich finds that the World Bank is the same old indiscriminate money-pump, still funding social and environmental catastrophe worldwide. more...
Saffron, a 15 year old schoolgirl from Cadishead, arrested by Greater Manchester Police at the Barton Moss drilling site last weekend. Photo: SalfordStar.com.

Planners' pension funds set to win from fracking permissions

Jan Goodey, Will Cottrell & Ed Jones

24th February 2014

Two Councils at the front line of fracking protests - Greater Manchester and West Sussex - have pension funds investing in the major fracking operators - while decisions on planning applications to frack are pending. more...
A flooded home, recently built, at Severn Stoke, Worcester. Photo: Dave Throup.

The inconvenient truth: houses built on floodplains could flood

Karen Potter

4th February 2014

Somerset is experiencing its most significant flooding in decades. As the political right calls for ever more dredging, Karen Potter trawls Defra's archives ... and finds a shocking history of sound policy sacrificed to short term political expediency. more...
Bastion of democracy - or of neo-liberalism? The European Parliament building, Brussels. Photo: Alex.ch via Flickr.com.

Want sustainability? Start by leaving the EU

David Acunzo

31st January 2014

To achieve true sustainability, ecological movements across Europe must push for independence from an EU ideologically locked into a neoliberal 'free trade' agenda wedded to endless economic growth, writes David Acunzo. more...
An African yam market. Photo: terriem via Flickr.com.

What if ... economics became a science?

David Boyle and Andrew Simms

3rd February 2014

Economics claims to be a science - yet it fails to engage with the world's only real economic actors - people, not theorems. It's time to rethink economics, write David Boyle and Andrew Simms, and ask the revolutionary question: 'What if ... ?' more...

Economic Democracy

Jack Santa Barbara

10th January 2014

The Trouble with Billionaires: How the Super-Rich Hijacked the World (and How We Can Take It Back) exposes the damage done by extreme wealth to our democracy, our economy and our social stability. more...
Sustainable food is good food. A Farmers' Market in Jackson, Mississippi. Photo: NatalieMaynor via Flickr.com.

Sustainable food is excellent food!

Sharon Garfinkel

3rd January 2014

The True Cost Accounting in Food and Farming conference was remarkable - star speakers ... fine food, drink and music ... even an impromptu Panto performance. In short, writes Sharon Garfinkel, it was an inspiration to all who attended. more...

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