Over the past three years, bank lending to productive industries — what we might call the “real economy”— has consistently declined, with 2023 seeing a…
System renewal. Challenging established notions. Reimagining our societies.
System renewal. Challenging established notions. Reimagining our societies.
Tag: Economy
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For centuries, economic growth has been a cornerstone of human advancement. Industrialisation, urbanisation, and technological leaps have all promised to increase prosperity, improve lives, and…
There has been much talk recently about the ‘unacceptable’ rates of economic inactivity among UK workers. ‘A country of shirkers’ seems to risk becoming the…
With the budget bringing about changes, there’s an unprecedented opportunity to realign the UK’s economy toward social well-being and environmental resilience. For years, our fiscal…
“We would do anything to access the China market and its potential billion consumers. We would do joint ventures, give away intellectual property, tie ourselves…
Will the upcoming budget drive confidence? Growth, growth, growth. That is the mantra emanating from the new government. Layered on to the narrative that all…
In today’s world, pursuing perpetual growth is becoming increasingly unrealistic. This is mainly due to the concept of entropy—a fundamental principle in physics that describes how…
In today’s world, it often feels like we’re all running a never-ending race. We’re told to work harder, earn more money, buy more stuff, and…
In today’s complex world, understanding the various layers of economic activity is crucial for grasping the true nature of wealth, sustainability, and human well-being. The…
It is interesting how individuals in different fields view the future differently. Classical economists see a future of endless economic growth, as does everyone employed…
“Whenever 20 economists put their name to a letter it is a near certainty that nonsense is being perpetrated.” So wrote columnist Simon Jenkins a…
Within the worlds of finance, business and politics, decision makers often have little understanding of the other spheres and their importance; the language and discourse…