Tag: Finance

One thing to change the world

One thing to change the world

One thing to change the world: what’s yours?

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Debt, Interest and Finance

Debt, Interest and Finance

John Hayward, March 2011 The financial crisis working its way through the US and Europe, mutating as it goes, demonstrates once more the dangers that debt-based finance poses to savers and taxpayers. Our latest Cambridge Paper, The great financial crisis: A biblical diagnosis by Paul Mills, aims to set out a biblically-based alternative to conventional […]

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Thinking Relationally about Finance by Paul Mills

Thinking Relationally about Finance by Paul Mills

Paul Mills continues the 2010 series of three London Lectures by ‘Thinking Relationally about Finance’ Listen to this episode

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The Economic Crisis: A Biblical Diagnosis and Foundation for Recovery by Paul Mills

The Economic Crisis: A Biblical Diagnosis and Foundation for Recovery by Paul Mills

International economist Paul Mills begins by tracing some of the characteristics of the recent financial crisis, before presenting a biblical diagnosis of the crisis and a biblical model for finance.   Listen to this episode    

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Responding to the global economic crisis by Paul Mills

Responding to the global economic crisis by Paul Mills

Cambridge Papers author and IMF economist Dr Paul Mills shares his personal thoughts on how we should respond to the global economic crisis.

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Pay Differentials and Relationships

Pay Differentials and Relationships

Michael Schluter, December 2006 Tesco’s chief executive just had a 25 per cent pay rise. He now gets nearly 4 million a year. This is about 300 times what his lowest paid employee gets, according to the 2005/6 Annual Report. That is what the market dictates, so surely it must be right? But is it? […]

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Should Christians use Islamic financial products?

Should Christians use Islamic financial products?

Michael Schluter, December 2005 The Islamic Bank of Britain and some Western banks now offer a range of new, sharia-compliant financial products. The bank invests in non-interest assets (such as equities) where risks are at least theoretically shared between lenders and borrowers. In good times, the bank then pays the savers a dividend instead of […]

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The Divine Economy by Paul Mills

The Divine Economy by Paul Mills

  Summary The basic economic problem is that the incentives needed to promote efficiency and growth also lead to inequality. Biblical law sets out an economic model that shares contemporary concerns for economic efficiency and fairness while avoiding the problems faced by the current Western model. In the process it achieves what economists have been […]

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Willing to give by Jubilee Policy Group

Willing to give by Jubilee Policy Group

  It is estimated that 13% of current wills include legacies, and that legacies provide some 700 million for charities annually. They remain, however, an underused form of giving. The growth in personal wealth in Britain (2,350 billion in 1989) means that congregations today may command considerable financial resources although much of it is tied […]

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The case against the national lottery by Jubilee policy group

The case against the national lottery by Jubilee policy group

  Raising extra monies for good causes is clearly a laudable goal. However, enthusiastic claims of large amounts of money painlessly raised have too often over-estimated the benefits and under-estimated the costs. This report draws on a range of secondary sources to provide a summary of the arguments surrounding the introduction of a national lottery […]

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