Economy is a new and rapidly growing charity with a mission to create a more understandable economics, giving people the confidence to question what economics means, and shape what the economy could be.
Our campaign demands the media, financial institutions and those in politics start talking about all things economics and the economy in a way that is understood by the public. We also work with young people in schools and online to help them become empowered citizen economists.
We believe we are giving individuals and communities a voice to take ownership over the economic decisions that affect them. As our research has shown, the way in which economics is presented in the public sphere at present is inaccessible to the majority of our society, leading to the paradoxical situation of a marginalised majority. Many people are unable to fully participate in democratic life, or take part in debate on how social and economic life should be structured.
Inaccessible economics is open only to those with a specialist education, power, and privilege. Economy sets out to address this power imbalance, demystifying economic language to educate its audience on how the economy works and where they fit in, transforming the subject from a barrier to a bridge for citizens to engage in critical, grounded and informed political debate.
Economy aims to catalyse a change in our public culture and economic and political systems through reimagining the relationship between citizens and decision makers. At a time when local, national and international politics is changing rapidly, it is imperative that the UK has a fully functioning democracy. We believe that the inability of the majority of people to engage in conversation on economics creates a democratic deficit which our work is uniquely placed to tackle.
Economy aims to:
- Research - Through our research we are developing a comprehensive body of work on how people experience economics, barriers to accessing the subject and exploration of the current democratic deficit.
- Campaign - Based on the learnings of our research, we are devising and delivering a campaign that brings about institutional-level change towards a more “Understandable Economics” (UE).
- Products - We are creating products that respond to the calls of our campaign, and that delivers UE directly to citizens. In providing our products, we are being the change we want to see.
Established: March 2016
Registered Charity Number: 1166046
Board members: 8
Full time staff: 3
Part time staff: 6
Phone number: 020 3865 7210
Address: Economy, WeWork London Fields, 115 Mare St, London, E8 4RUView charity accounts on the Charity Commission website