PowerSwitch

Here's a ranty little pop number I made a little while back called Good Money , with some appropriate imagery attached. Not typical of my output, but I was in a bit of an angry mood... Can be downloaded for free - along with various other tracks - on my Soundcloud , should you so desire. Cheers all....

Cool article. Seem to be plenty more worth perusing there too. Thanks for the link! As a musician I'm pleased to say my days are reasonably variable, and I feel very lucky to do what I do. On the other hand, my other half has an IT job, so I get to deal with his work schedule grumbles and dissatisfa...

Private Eye are quite good (this is an understatement in the time-honoured English style). Private Eye are very good with issues like tax and corruption, but their scientific side is more mixed, particularly when it comes to energy and climate. Their 'keeping the lights on' columnist only seems to ...

'Researchers at a US lab have passed a crucial milestone on the way to their ultimate goal of...' (delete original text and insert alternatives as appropriate) I'll go with 'securing continued funding until 2050.' http://www.bbc.co.uk/news/science-environment-24429621 It's curious how technological ...

Sure, there are plenty of people who won't be able to do this because of the economic system we're currently stuck with. But seeing an article in the Mail (a paper I generally avoid like the plague) showing a happy couple attempting to be more self-sufficient/sustainable without it screaming 'freaks...

The Charles Onians piece was, of course, a famously silly article by a journalist and should in no way detract from the reputation of a Nobel-laureate climate scientist. Things are not 'silly' because you do not like them Biff. Onian's article was packed with facts are warnings about changing clima...

Money supply should be about the same as economic activity That may well be a desirable state of affairs, but the available statistics don't back it up. According to figures from the BoE, a comparison of M4 and GDP indexed from 1970 show the two in step until the early/mid 80s, and then M4 began to...

They are not creating money anymore than you are when the value of your house goes up. You may not wish to believe it, but the Deputy Governor of the Bank of England appears not to back you up (and I might add that Where Does Money Come From? has extensive references). Credit created electronically...

A truth such as the UK's carbon footprint being all but irrelevant to the global CO2 level ? I'm with various other commentators here: this oft-wheeled out argument really gets my goat. It's an approach rooted in fear, helplessness and short-termism, guaranteeing defeat for all in the case of clima...

Things have to get a lot worse before they have a hope of getting better.

That does, unfortunately, pretty much sum things up.

One of the many points 'Where Does Money Come From?' makes is that, in the authors' assessment of the evidence available, the economics textbook 'money-multiplier' theory is outdated and inaccurate. They argue that banks are not simply intermediaries, that central banks do not have control of the mo...

So if they are creating money out of nothing why do they care so much if the loans are repaid and why have so many commercial banks gone bust recently? Back to the book (section 4.8, to be precise) To stay in business, banks must ensure their assets (loans) are greater than or at least match their ...

A timely discussion (for me, certainly) and apologies for this lengthy post. I've just spent the past week reading 'Where Does Money Come From - a guide to the UK monetary and banking system' published by the New Economics Foundation. I will probably need to go back and read it all again very soon t...

Well it certainly changes the 'mood music' around the Eurozone with a jolt. For some while we've had a distinct tone of 'we're past the worst' in mainstream media coverage. This rather tears down that facade, and quite spectacularly if bank runs happen in other countries as a result of it. If it man...

So to put this discussion where it should be... The dramatic picture painted by the Mail and Telegraph (especially the latter with 'threatens the entire rationale of the onshore wind farm industry' - Andrew Gilligan sexing it up nicely there...) predictably turns out to be somewhat more nuanced acco...