Negative Interest Rates
What are Negative Interest Rates? The Bank Rate[1] is the rate of interest that the Bank of England pays commercial banks on any money (reserves) they hold with the Bank. …
Negative Interest Rates Read MoreThe 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
What are Negative Interest Rates? The Bank Rate[1] is the rate of interest that the Bank of England pays commercial banks on any money (reserves) they hold with the Bank. …
Negative Interest Rates Read MorePublic duty and the public purpose? Or, self-serving interest? Politicians have a choice. We have a choice. The problems we face did not come down from the heavens. They are …
We can afford to choose public purpose spending Read MoreOvercoming poverty is not a task of charity, it is an act of justice. Like slavery and apartheid, poverty is not natural. It is manmade and can be overcome and …
Our choices today will define our humanity and our priorities. Read MoreInstead of more political rhetoric and more of the same orthodox solutions dressed up as change, we need radical progressive action to pave the way for a kinder, more equable …
What is the real burden that the government’s “hard choices” will pass on to future generations? Read More‘Democracy is not just a counting up of votes, it is a counting up of actions.’ Howard Zinn Do you remember when Andy Haldane, the Chief Economist at the Bank …
Standing at a crossroads in time Read MoreThe old world is dying, and the new world struggles to be born; now is the time of monsters. Antonio Gramsci In the week that the Chancellor Rishi Sunak announced …
Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead. Read MoreDo we accept there is no alternative to our rotten economic system or demand something different? Let’s re-examine our values and use our imaginations to redefine how we work and …
What’s the choice? Read MoreThe government wants you to believe that the public purse is empty and needs replenishing to set the finances straight. It’s not and it doesn’t. Time to challenge the lie …
Is the public purse empty? Read MoreWe would like to share an article by GIMMS associate Alan Hutchison. This article was posted on his excellent website Matches in the Dark here. I use this as supporting …
We pay for it by spending the money Read MoreIf we value a better future for all, the secret will lie in asking them what sort of world they want to live in and using their talents to create …
We ignore the fate of our young people at our peril. Read More