New Economics Foundation
|Type||ecological economics public policy think tank|
|Headquarters||10 Salamanca Place, London, United Kingdom|
The foundation has 50 staff in London and is active at a range of different levels. Its programmes include work on well-being, its own kinds of measurement and evaluation, sustainable local regeneration, its own forms of finance and business models, sustainable public services, and the economics of climate change.
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. NEF supported the National Programme for Third Sector Commissioning with research and reporting on "how best the Third Sector could evidence its wider impact on public services and their delivery", which underpinned the Office of the Third Sector's work programme on third sector commissioning from 2009.
Jubilee 2000 campaign
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
21-hour working week
In February 2010 the New Economics Foundation called for gradual transition to a working week of 21 hours.
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 Miatta Fahnbulleh who succeeded Marc Stears in November 2017.
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.
NEF is a registered charity and is funded by individual supporters, public finance businesses and international grant-giving bodies.
- 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).
- A Green New Deal
- Coproduction of public services by service users and communities
- 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
- new economics foundation website, What We Do.
- "The Other Economic Summit and the New Economics Foundation". Archived from the original on 11 April 2013. Retrieved 11 March 2010.
- "The other economic summit and the New Economics Foundation". base.d-p-h.info.
- Cabinet Office, Office of the Third Sector, National Programme for Third Sector Commissioning - a better return: setting the foundations for intelligent commissioning to achieve value for money, published January 2009, accessed 29 June 2021
- Greenhill, Romilly (February 2002). The unbreakable link - debt relief and the millennium development goals. New Economics Foundation and Jubilee Debt Campaign.
- Jubilee research. New Economics Foundation.
- New Economics Foundation, National Accounts of Well-being: bringing real wealth onto the balance sheet, published January 2009, accessed 14 May 2021
- International Society for Quality-of-Life Studies, Award for the Betterment of the Human Condition, accessed 14 May 2021
- "21 hours". New Economics Foundation. 13 February 2010. Retrieved 11 August 2013.
- Schumacher Society, Schumacher Briefing: Transforming Economic Life - A Millennial Change
- The Guardian, 14 July 2009, Ed Mayo resigns from Consumer Focus
- "Schumacher Briefing".[permanent dead link]
- "Round-Up of Transparify 2018 Ratings". Transparify. Retrieved 7 July 2019.
- "New Economics Foundation | Who Funds You?". whofundsyou.org. Retrieved 7 July 2019.