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Articles by Ahmet ÖncüSubscribe to Ahmet Öncü

The Calling of Regeneration

Vol. 58, Issue No. 42, 21 Oct, 2023
Ahmet Öncü

Situated at the intersection of sociology, economics, philosophy, and ethics, the article illuminates the urgent choices facing society amid stark global challenges such as poverty and misinformation. It contrasts the utopian promise of “innovation for regeneration” with the darker reality of “disruptive innovation,” represented metaphorically by the global arms race. Drawing from a broad range of theories—including sustainable development, existentialist philosophy, and conflict theory—the article explores the complex socio-economic and ethical dimensions of
these choices.

Monetary Policy Debates in the Age of Deglobalisation

Vol. 57, Issue No. 46, 12 Nov, 2022
Ahmet Öncü, T Sabri Öncü

This article is the fi rst in a series of two articles on monetary policy debates in the age in which deglobalisation is a buzzword. The ongoing monetary policy debates of the age will be discussed by focusing on macroprudential measures, capital controls and central bank independence in Part II.

Climate Crisis, Global Debt, and the Fermi Paradox

Vol. 56, Issue No. 45-46, 06 Nov, 2021
Ahmet Öncü, T Sabri Öncü

In a recent article, Yıldızoğlu (2021) reminded us of the Fermi Paradox, which can be summarised as: Although the probability of the existence of other forms of life in the universe is sufficiently high, why have we not met any?

The Battle of GameStop

Vol. 56, Issue No. 11, 13 Mar, 2021
Ahmet Öncü, T Sabri Öncü

What the battle of GameStop has brought into light is that democracy in financial markets is just a myth: whoever controls the valves, controls the flow.

A Consortium Proposal to the SDR Basket Countries

Vol. 55, Issue No. 46, 21 Nov, 2020
Ahmet Öncü, T Sabri Öncü

On 30 March 2020, the United Nations Conference on Trade and Development (UNCTAD) called for a $2.5 trillion COVID-19 crisis package for developing countries.1 The UNCTAD proposals were: (i) $1 trillion to be made available through the expanded use of the International Monetary Fund (I

Debt, Wealth and Climate

Vol. 55, Issue No. 16, 18 Apr, 2020
Ahmet Öncü, T Sabri Öncü

Based on the German Currency Reform of 1948 and the “Modern Debt Jubilee” of Steve Keen, a globally coordinated orderly debt deleveraging mechanism is proposed to address the global debt overhang problem is proposed. Since the global debt overhang and lack of sufficient climate finance flows are interconnected, Climate Authorities are added to the mechanism to discuss how this may help to improve the situation is discussed.

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