Efficiency or growth?

Efficiency or growth?

You often read about economic performance being expressed as GDP (Gross Domestic Product). This is the monetary measure of the ‘output’ of a country and is used for international comparison. What if there was a limit to this growth and what if going forward there was...
Efficiency or growth?

Busking in Kingston Upon Thames

I was walking through Kingston last weekend and was amazed by the sheer talent of our town centre buskers. Some of these acts generate a bit of a crowd and all of them have the obligatory open guitar case into which we drop our change. It occurred to me that they...
Efficiency or growth?

Active Money 2

On 22nd September 2015 we wrote about the possibility of more countries reducing interest rates to below 0%. We are now seeing more countries introducing negative interest rates, the latest one being Sweden who have lowered their interest rate from -0.35 to -0.5%....
Efficiency or growth?

A Dam

Small river dams provide a wide range of economic, environmental and social benefits including recreation, flood control, water supply, water power, waste management and wildlife habitat.  What has this got to do with a local currency like Kingston Pound? Well, money...
Efficiency or growth?

Active Money

The speed at which money changes hands in the UK is generally falling. There are rumours of interest rates becoming ‘negative’ to encourage people to spend rather than keep money in the bank. In other words there would be a fee for the privilege of keeping money...