"Chosen and pushed we are in a period of great transition hampered, mostly, by dead economic ideas still walking. It will best be shaped by those who are able to escape the trap spotted by John Maynard Keynes, to recognise the power of defunct economists, and be brave enough to exempt themselves from their influences. As a principle with which to re-examine our values and redesign our financial system we could well proclaim again, loudly, that real wealth is life, and finance must be its servant, not its master."  

Great editorial comment in the Guardian by New Economics Foundation’s Andrew Simms.

Advertisements