Another good article from the NEF (www.neweconomics.org), this time on practical, simple, realistic steps we can take towards economic reform to create a fairer, more stable system.

It breaks down into issues of scale, distance, stability, diversity, value, and participation.

Amongst the nice ideas in here is a sliding scale of regulation so “the smallest and most local institutions enjoying light-touch regulation, to the biggest having the strictest rules and severest controls.”

Paradigm reclaimed: why a finance system that’s fit for purpose must be built on new economic principles

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