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This week’s editor

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Rosemary Bechler is openDemocracy’s Editor.

Constitutional conventions: best practice

From PFI to privatisation, our national accounting rules encourage daft decisions. It’s time to change them.

Countless daft decisions have been encouraged by national accounting rules which defy all economic logic. Taxpayers are now paying the price.

Five economic issues to mobilise around in 2018

2018 is set to be a year of change. What are the key economic battlegrounds? 

 

Why is the NHS in crisis?

Don't be fooled: the crisis in the NHS is the result of the Government's ideological crusade to squeeze public services. 

VIDEO: The man who debunked austerity

Thomas Herndon shot to fame in 2013 when he found errors in a widely cited academic paper used to justify austerity policies in Europe and North America. Here he speaks to openDemocracy about austerity, the financial crisis and the future of economic policy.

33 Theses for an Economics Reformation

On 12 December 2017, Rethinking Economics and the New Weather Institute published '33 Theses for an Economics Reformation' to mark 500 years since the Catholic Reformation. The Theses, which were en...

VIDEO: Interview with George Kerevan

The economist and former MP speaks to openDemocracy about neoliberalism and the media.

VIDEO: George Monbiot on replacing neoliberalism

George Monbiot speaks to openDemocracy about the task of replacing neoliberalism, reinvigorating democracy and averting climate breakdown. 

VIDEO: What became of the Big Society?

Who remembers the Big Society? Launched to great fanfare at the start of 2010, the Big Society was David Cameron’s big idea to create more social action, empower communities and open up public serv...

It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory

Wealth amassed through the housing market has come straight out of the pockets of those who don't own property. 

VIDEO: Highlights from the Festival for New Economic Thinking

How do we build more a just, sustainable, and resilient economy? Watch the highlights from the Festival for New Economic Thinking. 

oD partners with the Festival for New Economic Thinking

openDemocracy is delighted to be partnering with the Festival for New Economic Thinking which is taking place on 19-20 Oct 2017 at the Edinburgh Corn Exchange. Economics is at a turning point. Soc...

Lessons from Shirebrook: Economic change is nothing new – civil society must shape it, or be shaped by it

To say that society is shaped by the relations underpinning the way that economic activity is organized is not a new idea. It is most famously associated with Karl Marx, but you don’t have to be a M...

To solve the housing crisis, we need to fix our broken land economy

The UK, along with many other advanced economies, is facing a major housing affordability crisis. Average house prices are now on average nearly eight times that of incomes across England and Wales, a...

Ten years after the crash, is civil society ready to take on big finance?

Ten years ago the French bank BNP Paribas ceased activity in three hedge funds, announcing that it could no longer measure the value of instruments based on US subprime mortgages. The event is wide...

Shooting for the moon: Why we need a new mission for a zero carbon future

We need to start thinking big to drive innovation towards a greener, more inclusive economy.  

Theresa May has prioritised the rights of absentee landlords over the Grenfell victims

Objections to the requisitioning of empty properties have nothing to do with fears of state coercion. Instead, it's about protecting the interests of the rich at all costs.

Five reasons why the SNP lost seats in the general election

Nicola Sturgeon's party went from 56 MPs to 34 MPs. What happened?

We have a real choice between different economic futures

This election comes during a remarkable period in British economic history. Over the past ten years real wages have suffered a larger decline than in any other advanced country apart from Greece. Mark...

There is a magic money tree - don't let politicians tell you otherwise

For a country like the UK which has its own central bank and borrows in its own currency, financing government spending is never a problem.

 

Podcast: to rebalance Britain's economy, we must rethink land and housing economics

Housing sucks up more of our income and more of our savings than anything else. It represents around 60% of Britain's assets. From soaring homelessness to widening wealth inequality, the relationship ...

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