Tag Archives: Peter Bowman

How can the economy work for the benefit of all?

I received the sad news this week that Dr. Peter Bowman had been taken by COVID-19 in the prime of his life. Peter was Head of Economics at the School of Economic Science (SES).

The SES was founded in 1938 by Labour MP Andrew McLaren to teach courses on economics with a focus on Land Value Taxation policies. McLaren’s political hero was Campbell-Bannerman, and he often repeated CB’s pledge “… to make the land less of a pleasure ground for the rich, and more of a treasure-house for the nation …”.

The MP was firmly against the welfare state, believing it merely appeared to be necessary due to the prevailing inequities in the economic system. When not in parliament he poured his effort and talent into education, hoping to make people see how land value taxation could relieve society of many unhelpful economic tendencies, and provide economic freedom for the common people.

Dr. Peter Bowman followed in the footsteps of McLaren in giving freely of his time and energy in trying to make this world a better place. Peter was instrumental in developing the work of the All-Party Group on Land Value Capture under the Chairmanship of Vince Cable and overseeing the preparation of the group’s first report.

Social justice was Peter’s passion. Speaking in this ten-minute video Changing Paradigms in Economics: Economics as Relationships, Peter emphasises that a just economy is about relationships in society and how we treat fairly with people. Justice prevails in an economy that is based on honesty; trust’ loyalty; a sense of service and satisfaction. Too often what we have is the opposite.

Peter gave the 2015 School of Economic Science Annual Economics Lecture How can the economy work for the benefit of all? The lecture asks how can the economy work for the benefit of all and gives some simple propositions.

Posted in News and Obituaries | 16 Comments
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