Three long-term economic trends all point towards zero: 1- official interest rates (5,000 years); 2- dividends from stock markets as a proportion of total returns (70 years); and 3- economic growth rates (2,000 years). W…
To find the answer, we need to go back to the origin of the word “data”. ‘Etymology can give a startling new perspective on many of the phrases we frequently toss around in business’, says Gillian Tett in her FT column L…
Sumptuous Accounting™ is an intellectual provocation, taking a light-hearted approach to a very serious issue – fixing capitalism. The working paper Sumptuous Accounting™ uses the sci-fi genre and a story-telling narrati…
Money, finance and capital markets are social constructs that have ostensibly evolved for societal purpose. Yet paradoxically finance and enterprises that intentionally target social returns need to be prefixed with the …
Below are the slides of the keynote address that I gave at the 9th Annual Social Responsibility Forum , IE Business School (Madrid, Spain). If the presentation does not load, you can find the original here .
Capitalism – in its current form – has let us down. We have seen this truism manifest itself globally, from the disruptive protests of the “Occupy” movements to mainstream debates such as Capitalism in Crisis , the in-de…
Is the social usefulness of financial instruments misunderstood in a similar way to how, in the darkness, **the aspiring animal musicians _ in the folktale **_ Town Musicians of Bremen are mistaken for being a witch? Fin…
This part of the Manifesto describes how the ideas presented in Part 1 and Part 2 can be implemented through undertaking integrated development projects for the creation of self-sufficient communities - the approach has …
The world is not ending but the world of finance is changing. Nouriel Roubini, the economist who earned his moniker “Dr Doom” for predicting the financial crisis of 2008, asks “Is capitalism doomed?” in an article by the…
Featuring Charles Darwin, Ayrton Senna, Strawberry Fields, Steven Hawking, Shaka (King of the Zulus), Steve Wozniak and Karl Marx. There is a healthy dose of blue-sky thinking in this article. I have included some provoc…
"If the state has to rescue the financial system – the heart and soul of the capitalist economy – the game has to change", pronounced Martin Wolf, chief economics commentator at the Financial Times, on the fina…
If Cameron's “Big Society” is a call to arms and modern capitalism the front-line in rebalancing social and financial agendas; then we are still mobilising ourselves no better than eager freedom fighters. Quixotic ve…
Goal: To reduce social deprivation, inequality and the risk of conflict through the creation of self-sufficient communities. Mission: To undertake renewal of the physical, social and economic fabric of deprived neighbour…