Monthly Archives: July 2013

Credit unions not a substitute for regulation of payday lenders

Andrew Lilico of Europe Economics has an article in today’s Telegraph with which I at once agree and disagree. I join his affirmation of the Church of England’s proposed move to more proactively support credit unions like London Mutual Credit Union. This can provide a more ethical alternative to payday lenders and their exploitative interest rates. However, […]

Ethical individuals or ethical institutions?

This week a friend asked me what are the questions we should be asking about the financial crisis and what should be done about it. In recent months I have perceived (perhaps wrongly, since I haven’t attempted a careful survey) a leaning in the UK debate, including among discussions within the Church of England, towards […]