The psycho-dynamics of the financial market

"When we look at the financial markets from an emotional and mental health angle, we don’t find optimal equilibrium states and rational people adapting to them. Instead, we come across a large number of unhappy, dysfunctional and disorientated people," writes Brian Davey in an excerpt from his book Credo.

The climate and the commons

Over the course of several decades Elinor Ostrom and her colleagues carried out extensive research on effectively managed commons around the world, and drew up a set of guidelines that could be applied to the atmosphere as well. This article by Caroline Whyte is the second of a series discussing precedents for CapGlobalCarbon.

A Financial Transaction Tax (FTT) for Ireland

If implementation of an FTT is indeed a no-brainer, as suggested at yesterday's launch in Dublin of RobinHoodTax.ie, it is because of its potential influence in creating a more stable and balanced economy within a fairer society. These may not be the lead messages of a campaign featuring the #MakeBankersPay hashtag and emphasising the dogoodability of FTT tax receipts. But arguably they should be. By Graham Barnes.

Putting moral philosophy back into economics

"The first step to putting ethics back into economics is to take centuries of PR spin out of it and describe the world as it is, not the comfortable ideas that we would prefer to believe." This article by Brian Davey can be read to get a summary overview of many of the ethical themes in Credo.