The repair economy begins to emerge

Back in 1994, now 17 years ago, nef published a ground-breaking report by Tim Cooper called Beyond Recycling: The longer life option. It looked forward to a new sector of the economy emerging that would make a great deal of recycling unnecessary.

Ironically, this new repair sector had been a prominent feature of our high streets until two generations ago, when tailors and cobblers, used to rub shoulders with grocers and butchers.

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Capacity, but what else? The Transport Select Committee’s Report on High Speed Rail

The Transport Select Committee’s (TSC) report on High Speed Rail (HS2), published this morning, offers their views on the proposed £32 billion pound rail scheme. The conclusion states that “we believe there is a good case for proceeding with a high-speed rail network”. More

John Humphrys is wrong about Greece

A fresh arrival in austerity-stricken Athens over the weekend, as John Humphrys joins the ranks of IMF inspectors and faceless ECB technocrats currently descending on Greece. He’s in town to present Radio 4’s flagship Today programme, where the “glorious weather” stands in stark contrast to grey November London. Lucky Mr Humphrys.

Unlucky Greece. In a series of interviews, Greeks are told they were “foolish”. Their pensions are “staggeringly generous”. Greece “spent too much for too long”.

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Top pay isn’t going away…

Latest research on Top Pay in the UK was discussed at a seminar at LSE’s Centre for Economic Performance last week. Some of the findings which reinforce previous work in this area include that it is employees, not entrepreneurs, who have benefited most from increases in the concentration of income at the top; that the grab by bankers is way in excess of top CEOs; and that you won’t get rich by working in the public sector.

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How the campaign against defunct economics is growing

“Plain men,” said Keynes, who think themselves devoid of influence – sensible, common sense types, in other words – “are often the slaves of some defunct economist.”

This is a useful quotation which I for one use a great deal to explain our stance regarding conventional economics. We are not against the honourable progression of imaginative and intuitive economics. We are emphatically against the defunct version, which has taken root so deeply among those who govern us that they are now powerless to tackle the looming economic disaster.

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The Practical Politics of Well-being

This Wednesday, the All-Party Parliamentary Group on Wellbeing Economics (for which nef acts as secretariat) hosted Sir Gus O’Donnell, Cabinet Secretary, to talk about how Whitehall will use well-being statistics. You can listen to his speech here.

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The Economics of Well-being

The purpose of an economy should be the wellbeing of all. We’re all interdependent, humans and other life on the planet. People everywhere share the same need for love, happiness, security, good work, freedom, community and involvement in decisions affecting them. Everyone deserves the opportunity to live a healthy and fulfilling life.

Today, this is far from being the case.

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Time to elevate the HS2 debate

With Labour shadow Transport Minister Maria Eagle’s recent announcement, titled “Time to forge a cross-party consensus on aviation and high speed rail for the long term”, the drama, or perhaps tragedy, surrounding the upcoming decision on High Speed Rail in the UK (HS2) took an ominous turn. 

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An opportunity to transform services for young people

nef is launching an exciting 30 month project which seeks to improve outcomes for young people and their families by improving the way that Services for Young People are designed, commissioned and delivered. Through our work with commissioners in Surrey, Camden and Kirklees, nef has developed the theory and application of both co-production and commissioning for outcomes.

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I’m a former banker, a one percenter, and I’m mad as hell too

Let's be clear. The Occupy movement is not a product of frustration, as President Obama, Treasury Secretary Geithner, and now Eric Cantor have suggested. Frustration is passive; anger is active. Martin Luther King was not frustrated. But beyond my anger is a real concern for democracy, for America, for the people of the world, for the planet upon which we all depend, and for my children's future. It's why I do what I do. It's the inspiration for Capital Institute.
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