Cities across the world are facing a double-barreled existential problem: how to adapt to climate change and how to pay for it. Over the next thirty years, more than 570 coastal cities are poised to face frequent catastrophic flooding owing to sea level rise and more intense storms, while as [...]
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Following the 2007/08 financial crisis the creation of a less unequal and fairer world appeared to be a major prospect. As is by now all too familiar, after the financial crisis, instead of becoming more progressive, societies turned out to be more unequal, with inequalities and asset-based [...]
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“First, it was the tsunami that destroyed our community. Then came the war. Now, it’s microfinance.” — Jesudadan Rajitha, The Federation of Women’s Rural Development Societies.
As the COVID-19 pandemic charts its savage path around the world, it is predicted that [...]
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In April 2012, at the White House on her first visit to the United States since her election in 2010, Brazilian president Dilma Rousseff scolded advanced capitalist economies for unleashing a ‘tsunami de liquidez’,a ‘liquidity tsunami’, onto the developing world. The expression liquidity [...]
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In August of this year, Los Angeles-based scholar Michelle Chihara delivered a keynote lecture on “The Rise of Behavioral Economic Masculinity” at the University of Sydney as part of the ongoing FutureFix Asset Economy project.
With a hybrid background in journalism, creative [...]
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Microfinance started as a development intervention in the 1970s and by the 1990s it was the next big thing in development. Dramatic claims about its benefits continue to be made, summed up by Irish rock star Bono’s parable: ‘Give a man a fish, he’ll eat for a day. Give a woman microcredit, [...]
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The philosopher Michel Feher is one of the most insightful observers of financialized capitalism writing today. Many English-speaking readers would have first encountered Feher’s thinking with the article “Self-Appreciation: or, the Aspirations of Human Capital,” a masterpiece of [...]
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In June 1962, John Hicks devoted his Royal Economic Society Presidential Address to the concept of ‘liquidity’. Whereas many terms of economics were drawn from practical commercial life, he believed ‘liquidity’ was a rare example of traffic in the other direction. A piece of theoretical [...]
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