Better World Economics

Robert Howell: Is it possible to invest ethically in a failed financial system?

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Do your investments destroy or care for the planet? Robert Howell  Ethiqs, an open network of young and young-at-heart Friends, are facilitating a debate about ethical investment; Join the network at http://is.gd/ethiqs As an individual, a member of a pension fund, or as a member of an organisation that has investments, do your investments destroy [...]

Alan Kirkham: “Investors own workers’ energy”

This blog is part of a series put together by young Friends exploring ethical investment. The Case for Investing Ethically. Money is power – it’s locked up energy, investors own the energy of the people who worked to make the profits. The question is “Are you using your power to improve this world? Quite apart [...]

Joseph Rowntree Charitable Trust’s investments: inspiring a debate

This post is part of a series put together by young Friends exploring ethical investment. In September, thirty young Friends wrote to the Joseph Rowntree Charitable Trust (JRCT) about investment. They called for the Trust to build on its excellent progress towards ethical investment. The original letter and reply are available here to read. Both [...]

Money creation by commercial banks?

[Posted on behalf of John Schmid] I am responding to the article on Steady State Economics in issue 18 of BWE and specifically to the paragraph on monetary reform on page 5.  This states “Monetary reform: Most of the money in the world has been created by banks.  They can do this because under the [...]

Upcoming Friends Journal to focus on money, the economy, and Quakers – submissions sought

Wall Street, Main Street, and Meetinghouse Road (October 2012) Coverage will include a look at Friends in business, entrepreneurship, and historical and modern ethical issues surrounding money. Are there continuing shifts in patterns of Quaker employment? What is the state of philanthropy among Friends and the support of Friends institutions? We request complete submissions by [...]

The Courageous State – a new book by Richard Murphy

Peter Challen of the Christian Council for Monetary Justice draws my attention to this book.  A summary and further information is available at website http://www.searchingfinance.com/products/soon-to-be-published/the-courageous-state-rethinking-economics-society-and-the-role-of-government.html  

Quakers and Business support the global Occupy movement

The Quakers & Business Group stands alongside people of all religions and none who are resisting economic injustice with peaceable action. We recognize the concerns of those engaged in the occupation of financial centres throughout the world. We support this movement that highlights the failures of the current structures and systems, leading to behaviours that [...]

Quantitative Easing – yes! But alongside a National Energy Agency

A number of Friends have shared with me their unease about the idea of Quantitative Easing (QE).  It may be of interest to share my response with Quakernomics users. What QE does is show that the Central Bank  can, in effect, create ‘money’ (or liquidity, or credit).  But what many thoughtful economists (Ann Pettifor and [...]

Action still needed on MDGs

With only a few years until 2015 progress on meeting the Millennium Development Goals targets is mixed and much work still needs to be done. Jaci Smith, Peace Education Advisor, reports. Some of you may have been expecting an article promoting the Stand Up and Take Action Against Poverty campaign and encouraging you to get [...]

Money in a low-carbon, sustainable community

BYM’s commitment to become a low-carbon, sustainable community will require many changes.  One of these could be to examine how we bank, save and invest our money. On investment, Quaker faith & practice (Fourth edition – 20.56) advises “thought should be given, not only to security and the rate of interest, but to the conditions [...]

About this category

Better World Economics (BWE) is QPSW’s newsletter on economic justice issues. Published three times per year it seeks to provide Friends and others with information about Britain Yearly Meeting central and local work to promote a more equitable and environmentally responsible economy. It also provides news and campaigns information likely to be of interest to Friends.

This section of Quakernomics, which contains the main articles contained within the latest edition of BWE, is a space for readers to comment on and respond to the newsletter.

What do you think about particular articles or the ideas or projects featured within them? What else would you like to see the newsletter address?

Please let the editors – and other Quakernomics users know!