The mortgage collapse and the poor

President Roosevelt must be turning in his grave. The mortgage guarantee institution that was created to help solve America’s depression-era housing crisis seems to have had a central role in instigating a new economic crisis – and perhaps even a new depression....

Turning economics upside-down

The turmoil in global financial markets caused by the widespread failure of subprime loans in the US, does leave one wondering what would happen if just a small proportion of the £1.25 trillion (that’s right, trillion) in consumer debt we all owe on cards,...

Challenging the neo-liberal paradigm

In a provocative short article in the International Herald Tribune newspaper, Phillip Blond, who has long been associated with the Cambridge-originated group of scholars exploring a post-modern ‘radical orthodoxy’ school of Christian thought and practice, argues that...

Methodists launch ‘buy less’ credit card for Lent

In a move that is designed as a challenge to “consumerism as usual” and a reminder of the dominance of money in our lives, the Methodist Church in Britain has launched an alternative Credit Card containing a “buy less” message. The new...