Creating cash should not be the responsibility of the private banking system, but of the common wealth. Let’s get mutual, urge Molly Scott Cato and Martin Large
… An end to monopoly money Molly Scott Cato Martin Large | 1st … crisis also be used to reclaim banking and money for people and society? Fortunately, … People’s Bank should be allowed to spend new money into circulation – say for permanently …
The deputy-director of the Bank of England is on a national tour to convince us of the seriousness of its policies to ease the recession. Molly Scott Cato can't wait for the punchline
… mission to the world of gilt yields, money velocity and commercial paper to the … good enough that the bank have admitted that money was always created from thin air, that the whole time they have been creating money as debt - at huge cost to citizens and …
Gordon Brown's Budget was disappointing. But not just because of its economic niceties. It fails to address key issues which have become taboo amongst economists - money, debt and economic growth. Molly Scott Cato, a green economist and Senior Lecturer in Social Economy at the Cardiff School of Management, addresses all three...
… which have become taboo amongst economists - money, debt and economic growth. Molly Scott … during the Kyoto process). The nature of money creation within capitalism is the … for growth within the economy. Because money is created as debt by banks, rather than …
What does Coca Cola’s 58 per cent share in one of the UK’s most distinctive and ethical brands mean for the future of the company? If you believe Innocent Drinks founder, Richard Reed, nothing but good. Peter Salisbury went to find out more
… to run than we get from doing it. We lost money in 2008; we lost money in 2009; we lost money in 2010 and we are going to lose money …
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.
… are particularly irrational when they involve money or have consequences over the long … pension savings. Bribing us with our own money As the theory of hyperbolic discounting … congratulated for trusting us with our own money. But what of the long term? While some …
This budget season, and so a short perambulation around the vexed question of the national debt seems in order. As a nation we've been living with debt for more the 300 years now, since 1694 to be precise, when Scottish privateer William Paterson persuaded the government of the time that creating £1.2 million of IOUs would get them out of their spending difficulties.
… future date), allowing a government to spend money now. When the bonds fall due it is the … public or private, are equally grim. Creating money is easy – banks persuade someone to … selling scheme falls apart. The ballooning of money, debt and economic activity over the …
A natural, Fairtrade men's skincare line might sound obvious, but when Simon Duffy and Rhodri Ferrier launched Bulldog, it was a wholly new concept. Peter Salisbury sits down with the men making grooming green
… reduced to asking your girlfriend for pocket money. Along with a friend, you have poured … cost around £1.2m of your and your investors’ money to develop. It’s 48 hours until the most … of things that men typically spend their money on such as clothes, drinks or magazines …
Molly would glady have been tied to the stake with the other Metric Martyrs... but, being that she wasn't, she's keen to point out why weights and measures matter to all
… Natural World Politics And Economics Society Money molly.jpg Molly would glady have been … most serious of these abstractions is that of money. The name of the ancient Spanish … derivation is unsurprising if you think of money in its original role of underpinning the …
Unless you live on the moon, Google is an integral part of your day to day life, but just how ethical is the all-conquering search giant whose motto is ‘Don’t be Evil’? Peter Salisbury investigates
… knows exactly how the company makes its money, or, more importantly, whether or not it … more users to its search engine. But can a money-making corporate machine like Google not … goes, then, the company is putting its money where its mouth is. But there are some …
GDP does not distinguish between economic activity that adds to social and environmental well-being and economic activity that destroys it.
… petrol stations, and for keeping hold of the money you would have spent on a takeaway … through the economy and increasing GDP. The money you spent on Zoom registrations and …
Economists have all but forgotten about the source of real wealth - the land under our feet. They do so at their peril
… 2010 Comment Politics And Economics Land Money Green Economics molly.jpg Economists … be traded. They began to equate wealth with money, in contrast to the physiocratic view …
Why, asks Molly Scott Cato, did it take a volcanic eruption to demonstrate to us the hugely fragile links that hold our modern lives and economy together?
… they might encounter. Given their reliance on money to substitute for any other sort of … dependent on basic systems of energy, money and telecommunications that it assumes …
The creation of a new and neutral currency unit linked to the environment would stabilise the economy and reduce CO<sub>2</sub>.
… of the global economic architecture then money was the other. The present financial … in green economics of energy rather than money. The Ebcu proposal would allow the …
It’s the biggest green energy company in the UK but that’s not enough for founder, Dale Vince. The next step, he tells Peter Salisbury, is to take on the ‘big six’ energy companies and show us all that renewables are the way forward
… a wind monitoring tower. I didn’t have the money to buy one, so I made my own.’ The … is planned in 2011 or 2012. ‘We were making money and putting it all back in to the …
Keith Abel might not be much of an eco-warrior but he’s revolutionised the organic groceries sector – and made a mint in the process, says Peter Salisbury
… his enthusiasm for food, and making money from selling it, is undiluted. Reclining … the business started pulling in serious money. In 1999, Abel re-sat - and passed - the …
The carbon footprint produced by travel doesn’t evaporate at the airport - hotels are big energy consumers, polluters and carbon emitters too. The Ecologist looks into hotel chain Hyatt's efforts to go green
… same as the same period a year earlier. More money for the big hotels also equals more … had to compromise environmental concerns for money? Peter Salisbury reports GREEN LIVING …
In the latest in his exclusive series examining ethical businesses, Peter Salisbury reports on the rise of the leading eco-electricity supplier - and hears how it all started with a cocktail
… because basically they don’t look after the money. Their natural space is to grow, grow, … are not controlled, they will spend all the money which is exactly what happened.' Unit[e] …
Capitalism isn't working. We need a Universal Basic Income as we come out of the coronavirus lockdown into the economic - and the climate - crisis.
… investment should be funded through direct money creation by the Bank of England, or QE. … a burden on future generations. However, the money created through QE must come with …
IKEA likes to sell itself as a principled, sustainable furniture producer. But has its low-cost, high-volume business model meant that it has had to compromise environmental concerns for money? Peter Salisbury reports
… had to compromise environmental concerns for money? Peter Salisbury reports Few are the …
The French have a much better word for it: 'decroissance'. Using ugly and frightening terms like 'degrowth' won't help pave the way for a new and exciting economics
… key aspects of life—consumer behaviour, money, employment and population—in a …
The European Parliament has had a great week, writes Molly Scott Cato MEP - for those who oppose GMOs in food and farming. MEPs voted on five occasions to say no to GMOs, and gave their support to agroecology as the only sustainable way to feed the world.
… of GMOs in Africa with European taxpayers' money. The draft report had prompted …
The whole notion of a 'work/life balance' is a symptom of how divided we have become from what makes our lives meaningful, and what brings home the bacon
… when we are doing what we dislike to earn money (defined as ‘work’) against times spent …