The New Economics Foundation (NEF) is a British think-tank that aims to help build a "new economy where people are really in control".
The Foundation was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth creation, based on equality, diversity and economic stability".
The Foundation has around forty employees mainly based in London and is active at a range of different levels. Its programmes include work on housing, reform of the financial system, the future of work, democracy and devolution and climate and environment.
Video New Economics Foundation
Work
The Foundation works in the areas of community development, democracy, and economics. The foundation's work on sustainability indicators, which measures aspects of life and environment, indicated the connection between economic growth and sustainability.
From 1995 to 2000, the Foundation made social audits of companies to measure and evaluate a company's social and ethical performance according to its standards. This work was instrumental in the formation of the Institute of Social and Ethical Accountability to promote professional standards around social accounting and auditing.
Jubilee 2000 campaign
The Jubilee 2000 campaign, strategised for and run by NEF, collected 24 million signatures for its worldwide petition on development and poverty.
Local Money Flows
NEF has also developed a Local money Flows measurement program and enables the mapping of money flows through the local economy.
Happy Planet Index
In July 2006, the Foundation launched the Happy Planet Index, intended to challenge existing indices of a state's success, such as Gross Domestic Product (GDP) and Human Development Index (HDI).
21-hour working week
In February 2010 the New Economics Foundation called for gradual transition to a working week of 21 hours.
Maps New Economics Foundation
History
James Robertson, a British economist, and Alison Pritchard, a Schumacher Society Council member, helped to set up The Other Economic Summit (TOES) and NEF. Ed Mayo was Chief Executive from 1992 until 2003. The current chief executive is Marc Stears.
The organisation has launched a range of new organisations to promote its ideas, including the Ethical Trading Initiative, AccountAbility, Time Banking UK, London Rebuilding Society, the Community Development Finance Association, and others.
The organisation's current projects include work on community-based housing, worker organising in the digital economy, restoring local banking and challenging xenophobia and racism in the Brexit debate. It is also active in community economic regeneration. The Foundation's BizFizz program, an entrepreneurship development program has created more than 900 new businesses in deprived areas. The organisation has now taken this and Local Alchemy to six other countries through its international programme.
The Foundation's public events attract well-known speakers. Its Clone Town campaign in favour of local economic diversity was covered two years running by every major national newspaper and TV news station and it was taken up in the Save Our Small Shops Campaign in the Evening Standard.
Funding
NEF is a registered charity and is funded by individual supporters, public finance businesses and international grant-giving bodies.
Publications
- Public services and (in)equality in an age of austerity. Joe Penny (July 2013).
- Where does money come from?. Andrew Jackson, Richard Werner, Tony Greenham and Josh Ryan-Collins (12 December 2012)
- Growth isn't Possible: Why rich countries need a new economic direction. Andrew Simms, Dr Victoria Johnson, Peter Chowla (25 January 2010).
- 21 hours: Why a shorter working week can help us all to flourish in the 21st century. Anna Coote, Andrew Simms and Jane Franklin (13 February 2010).
- The Great Transition. Josh Ryan-Collins (18 October 2009).
- The Consumption Explosion. Andrew Simms, Victoria Johnson, Joe Smith and Susanna Mitchell (24 September 2009).
- The Happy Planet Index: An index of human well-being and environmental impact. Nic Marks, Saamah Abdallah, Andrew Simms and Sam Thompson (12 July 2006).
- Clone Town Britain: The survey results on the bland state of the nation. Andrew Simms, Petra Kjell and Ruth Potts (6 June 2005).
See also
- Coproduction of public services by service users and communities
- E. F. Schumacher
- Great Transition
- List of UK think tanks
- New Economy Coalition - sister organisation in America
- New Economy movement
- Open Source Ecology
- Schumacher Circle organisations
- Transition town
References
External links
- Official website
- "New Economics Foundation". The Philanthropy Atlas. The Institute for Philanthropy.
- "New Index (Inner City 100) will Reward Inner City Innovations". University of Sheffield.
- The Happy Planet Index.
- One hundred months.
Source of article : Wikipedia
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