Claims that we need a 'big society' to fix our 'broken' one are just Victorian throwbacks - we have the business tools to survive; we just need a co-operative attitude to go with them
The French have a much better word for it: 'decroissance'. Using ugly and frightening terms like 'degrowth' won't help pave the way for a new and exciting economics
'Rational Economic Man' can be a useful mathematical construct. The trouble is, far too many economists seem to have taken him to their heart, and now believe him to be real
Why, asks Molly Scott Cato, did it take a volcanic eruption to demonstrate to us the hugely fragile links that hold our modern lives and economy together?
Banks - love 'em or hate 'em, they're an integral part of nearly every economic system. But just how would they function in a steady-state, earth-linked economy?
Molly would glady have been tied to the stake with the other Metric Martyrs... but, being that she wasn't, she's keen to point out why weights and measures matter to all
There's been plenty of excitement over China and India's pledges to reduce the 'carbon intensity' of their economies. But without absolute limits, this is just business as usual
There seems to be chemical cures for every possible human condition - from obesity to shyness. What we really need are more healing hands, argues Molly Scott Cato
Molly gets her knuckles rapped for not including standard economic models in her university teaching, and wonders if the profession is disappearing up its own regression formula...
The whole notion of a 'work/life balance' is a symptom of how divided we have become from what makes our lives meaningful, and what brings home the bacon
This budget season, and so a short perambulation around the vexed question of the national debt seems in order. As a nation we've been living with debt for more the 300 years now, since 1694 to be precise, when Scottish privateer William Paterson persuaded the government of the time that creating £1.2 million of IOUs would get them out of their spending difficulties.
Creating cash should not be the responsibility of the private banking system, but of the common wealth. Let’s get mutual, urge Molly Scott Cato and Martin Large
Gordon Brown's Budget was disappointing. But not just because of its economic niceties. It fails to address key issues which have become taboo amongst economists - money, debt and economic growth. Molly Scott Cato, a green economist and Senior Lecturer in Social Economy at the Cardiff School of Management, addresses all three...