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“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“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 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 MoreThe “economy” is ultimately our material relationship with each other and with the rest of the living world. As today’s IPCC report settles in, we have to decide whether we …
The golden era of greenwashing Read More“The kind of transformation that is now required [to address the climate crisis] will happen only if it is treated as a civilizational mission, in our country and in every …
The G7 jolly – a symbol of everything that is wrong with the global economic system. Read More“Do we want to be a society that is supportive, that is inclusive and compassionate, where it is acknowledged that not all can prosper, where those who are most vulnerable, …
If there is one thing the last year has taught us it is that the Government is never short of money Read MoreToo large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities …
The Budget should be about building a just society, not balancing the books. Read MoreIn 2010 the newly elected Conservative government, using smoke and mirrors, turned what was a private debt crisis caused by global reckless greed and speculation by financial markets into a …
The government’s spending promises have shown the need for austerity is a lie and a sham. It’s time to hold the government to account for its political decisions, not its fiscal prudence or otherwise. Read MoreA month on already since the general election and as well as the usual post-Christmas/January blues, the nation still finds itself in a state of deep uncertainty about its future. …
Getting the narrative right. Careful stewardship of the economy is not about balancing the public accounts; it is about serving the interests of the nation and delivering public purpose. Read More