Associative Economics: About

'Financial markets are like the mirror of mankind, revealing every hour of every working day the way we value ourselves and the resources of the world around us [so that] it is not the fault of the mirror if it reflects our blemishes as clearly as our beauty.' – Niall Ferguson
'Profits are the indicator of valid production. In the further evolution of economic life, however, it will be necessary to eliminate profits for the reason that they make the production of goods dependent on the accident of the market, which the spirit of the age requires to be abolished.' – Rudolf Steiner
'The big society is the idea of association, groups coming together, and there is an echo of this in the liberal tradition of non-state association as the way individualism has power, and that's the future in my view.' – Philip Blond, ResPublica
'Finance, like other forms of human behaviour, underwent a change in the 20th century equivalent to the emergence of modernism in the arts: a break with common sense, a turn towards self-referentiality, abstraction and notions that couldn't be explained in workaday English.' – John Lancaster
'Good banking is produced, not by good laws, but by good bankers. Just as the most carefully planned constitution will inevitably break down if the men at the helm of government are incompetent or dishonest, so no skilfully devised banking system will make banking good, unless the banking is conducted by straight and able managers.' – Hartley Withers

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