money Archives

Towards more equitable money creation

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Professor Peter Dietsch highlights a number of biases in the current monetary system that allow for a bias against those who are less well-off

Money creation should be governed with an eye on ethics, but its current path follows an unfair formula that entrenches injustice. Philosopher and economist Professor Peter Dietsch of the University of Victoria, British Columbia, Canada, points out a number of biases in the current monetary system. He suggests a normative framework for assessing what a more equitable money creation system […]

Why we need to reassess the sustainability of aging populations

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The rise of fossil fuels and with it mechanisation means that people now live much longer and healthier lives.

Modern societies have largely been able to grow and develop due to fossil fuels and monetary systems. However, with more aging populations around the world, questions are starting to be asked about the sustainability of this paradigm. Professor Kozo Torasan Mayumi of the Kyoto College of Graduate Studies for Informatics in Japan reassesses the double-edged nature of fossil fuels and […]