Name Martin Davies | Role Economist | |
Martin Wilding Davies (born 1957, in Cardiff, Wales) is a Welsh screenwriter, political theorist, and designer noted for his design of the Welsh street fashion label, The Red Dragonhood.
Davies is the economic theorist responsible for the Uned ('unit' in Welsh), a negative interest complementary currency system he proposed to stimulate economic activity in the moribund Welsh economy, and with economist Chris Cook of the Nordic Enterprise Trust, a proposal to establish the Royal Mint as a capital partnership.
A social activist, Davies is the founder and leader of Newid, a progressive political party in Wales. Newid ('change' in Welsh) is the world's first popular movement for demarchy, a form of democracy in which government policy is decided by representative groups of citizens randomly selected by sortition (lot) rather than by career politicians chosen in elections.