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"Such is our current frustration with so many aspects of our society, that it seems we are finally beginning to question the ideology of the free market... The ethical vacuum at the heart of capitalism, its inability to distinguish between what is right or wrong behaviour towards others, as long as it makes a profit, is no longer viewed with quite the same tolerance."

Sue Gerhardt, Guardian.co.uk

About Ethical Economics:

Governments still rely on economists steeped in orthodox thinking for advice. If things are to change, a clearer understanding of how the economy works is needed, not just by economists and policy-makers, but also by the wider general public – a voter who votes in ignorance forges the chains that bind him. Economists have erected round their subject an intimidating barrier of jargon and maths, but this site and the books in our catalogue are intended to give the layman, the voter, a grasp of the basic principles.
Anthony Werner, Publisher

Our Latest Book:

The Science of Economics

The Science of Economics

The majority of the author’s professional life has been spent in banking and the computer industry. He had senior roles in the design of new technologies for banks by multinational companies and in the application of these technologies by banks. He discovered the economic teaching of Leon MacLaren in the late 1970s and has run public courses teaching these ideas for many years .

ISBN 9780856832918 | Price: £14.95

For courses in ethical economics click here

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19 Oct 2014 | Written by

Church Times 100 Best Christian Books

Further Reading:

christianity-big

Christianity & Social Order
by William Temple

imputed-rights-big

Imputed Rights
by Robert V. Andelson

The Church Times in London have made a selection of the 100 Best Christian Books. The editor writes: ‘Human progress involves assimilating the wisdom of past generations, and building on it.’

One of Shepheard-Walwyn’s titles, Christianity and Social Order, has been ranked 35th. This classic, published as a Penguin Special in 1942 and republished by Shepheard-Walwyn in 1978 with a Foreword by Edward Heath, Prime Minister of the United Kingdom 1970-1974, gives lucid and forceful expression to the views of the Archbishop of Canterbury, known as the ‘People’s Archbishop’ for the radical but constructive way he challenged the established orders. Discussing how to achieve a proper balance between the profit motive and service to the community, and between the power of the state and of the individual, he wrote: ‘The art of government in fact is the art of so ordering life that self-interest prompts what justice demands’.

‘It brings home to everyone of us the continuing importance of being able to rely on a body of principle by which our plans and our actions can be both motivated and judged.
EDWARD HEATH

 

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01 Oct 2014 | Written by

Further thoughts on Tax Reform

Further Reading:

The peoples budget

The People’s Budget
by Geoffrey Lee

Henry George Progress and Poverty

Progress and Poverty
by Henry George

Ricardo's law

Ricardo’s Law
by Fred Harrison

boom-bust-big

Boom Bust
by Fred Harrison

On 25th September 2014 the Financial Times carried a leader, entitled ‘A British property tax that is fit for purpose’, commenting on the proposal for a ‘mansion tax’ proposed at the party conferences of both the Liberal and Labour  Parties. It suggests ‘a more comprehensive solution would be to replace all these taxes with a levy on the value of land, remitted to local authorities. This longstanding idea is the preferred reform of the Mirrlees Review, a root-and-branch analysis of the UK tax system.’ To see more, click here.

The same issue carried a full page article by Robin Harding ‘Land of opportunity’, describing recent ambivalent evidence from America, and quoting from Winston Churchill’s speech during the 1909 election campaign after the House of Lords had thrown out Lloyd George’s People’s Budget which was an early attempt to introduce such a tax in Britain:

“Roads are made, streets are made, services are improved, electric light turns night into day … and all the while the landlord sits still … He renders no service to the community, he contributes nothing to the general welfare, he contributes nothing to the process from which his own enrichment is derived.”
This tax reform is more than a tax reform. As Henry George explained in Progress and Poverty it is a means of tackling the mal-distribution of wealth and ending the property fueled booms and busts.

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