The mainstream media – television, print and digital – routinely cycle through the litany of crises gripping the world. One week they’ll tell us about the latest climate disaster. The next, the focus may shift to the war in Ukraine. […]
Repairing broken economies
Sepp Eisenriegler loves giving second chances: to the defunct electrical appliances awaiting repair or refurbishment, the hundreds of unemployed people he’s trained as skilled repairers over the decades and even the two rescue dogs that follow him devotedly around Reparatur-und […]
The Flower of Transformation
With growing news of war and conflict, ecological and climate catastrophe, stark inequalities, health crises related to both poverty and affluence, the authoritarianism of governments, and the increasing stranglehold of mega-corporations in all aspects of our lives, it is understandable […]
Comparative resilience: 8 principles for post-Covid reconstruction
This past weekend, a bright Georgetown undergraduate asked me how I squared my passion for localization with the theory of comparative advantage. For economics newbies, he was referring to David Ricardo’s argument that every community should find one product to […]
Unlike a Globalized Food System, Local Food Won’t Destroy the Environment
This blog is also available in Arabic, Dutch, French, German, Italian, Russian, Slovak, Spanish and Turkish. If you’re seeking some good news during these troubled times, look at the ecologically sound ways of producing food that have percolated up from the […]
To Leave or Remain: Dichotomy or Distraction?
Ever since the Brexit referendum was first announced, we have been bombarded by an array of starkly contradictory pronouncements – from the Leave camp’s now infamous claim that withdrawal from the EU would release £350 million a week for the […]
Ten Years After the Crash: more of the same, or a new beginning?
The year 2008 was a momentous one. The ‘anniversary’ headlines are of course all about the financial crash. As Nick Mathiason in The Guardian put it at the time: “It was the year the neo-liberal economic orthodoxy that ran the […]
The Commons, Short and Sweet
I am always trying to figure out how to explain the idea of the commons to newcomers who find it hard to grasp. Here is a fairly short overview, which I think gets to the nub of things. The commons […]
Bulldoze the Business School
Visit the average university campus and it is likely that the newest and most ostentatious building will be occupied by the business school. The business school has the best building because it makes the biggest profits (or, euphemistically, “contribution” or […]
Local Finance Made Simple
The nature of money is to abstract value. That is its role. It stands in place of an actual good or service. If I fail to have the basket of potatoes you are seeking in exchange for the wool from […]