The Gower Initiative for Modern Money Studies
An independent, non-profit organisation – part of a growing international movement challenging the economic orthodoxy of the last five decades
‘The ultimate test of man’s conscience may be his willingness to sacrifice something today for future generations whose words of thanks will not be heard.’ Gaylord Nelson, founder of Earth …
“Scrooge” Hunt’s Autumn Statement leads us to the darkness of a new round of austerity Read More“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 …
Don’t let the black hole debt doomsters suck us in with their lies. Enough is enough. Read More“The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It …
Here we go for another round of Conservative musical chairs! But outside the circus, life remains bleak. Read MoreThe ‘government as household’ myth is directly responsible for neoliberal governments getting away with treating the welfare of citizens (those they are meant to represent) as non-essential discretionary spending. As …
Party conferences dish up pie-based economics Read More“Real generosity towards the future lies in giving all to the present.” Albert Camus, Notebooks 1935-1942 The Debt Doomsters are back (did they ever go away?). Rishi Sunak is …
True consequences of government policy are far worse than a waste of taxpayers’ money Read More“When people live in a fair, caring society, where everyone has equal access to social goods, they don’t have to spend their time worrying about how to cover their basic …
Cabinet brainstorms quick fixes for the cost-of-living crisis to avoid the real solution Read More“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage to move in the opposite direction.” …
The needs of people must prevail over myths of a duty to balance the books Read More“Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilisation.” John Maynard Keynes This week, amidst continuing global …
Out-of-touch Chancellor’s Spring Statement fails to help those most in need Read MoreYou cannot simply *ask* the rich to reduce their emissions and resource use. The only reasonable approach is to tax them to the point where they are no longer rich. …
COP26: Politicians and corporations greenwash ‘business as usual’ at climate change conference Read MoreYou have to ask yourself: if our economic system actively destroys the biosphere *and* fails to meet most people’s basic needs, then what is actually the point? Jason Hickel – …
Budget 2021 – Those with the least receive only crumbs Read More