Our speaker was Dr Steve Mandel, a professional economist and past Senior Researcher at the New Economics Foundation. His paper makes out the case that both the theory and practice of economics as generally accepted by those responsible for financial policy is fundamentally flawed because it encourages unsustainable growth in its emphasis on increasing GDP and takes no account of the fact that we are using up natural resources. See a full report on our meeting, a list of resources to refer to, and be ready to email in your comments about this really complex and controversial issue that certainly affects us all.

You can download Steve Mandel’s paper here as a PDF file and then print it off to study.2012 Theoretical economics and the practice of Financial Markets have Unsustainablity built in.