Available formats: epub
Josh conducts research on the impact of money and credit on the macroeconomy, two areas much neglected in mainstream economics. He is the lead author of nef's guide to the UK monetary system - Where does money come from? - which sets out in non-technical language how commercial banks dominate the creation and allocation of credit and money. He examines problems with the current model and researches alternatives, including public banks, credit guidance by central banks or governments, ‘sovereign money’ proposals (full-reserve banking) and decentralised complementary and peer-2-peer currency systems.