Many seem to have forgotten, today, the contribution by Frederick Soddy (1877–1956) to macroeconomy and monetary policies. Maybe because Soddy, Nobel Prize in 1921 " for his contributions to our knowledge of the chemistry of radioactive substances, and his investigations into the origin and nature of isotopes ", has long remained famous for chemistry. However, at a time when neoclassical economics (based on the metaphor of equilibrium between supply and demand) and evolutionary economics (based on a metaphor from biology, where innovations play the role of mutations) were consolidating into the two pillars of macroeconomic thinking we all know, he humbly offered a third way: an economics rooted in physics, in the laws of thermodynamics (you already now of our keen interest for this approach, and of our attention for the work of Ole Peters ), fathering what today we would call " ecological economics ". A few days ago the UCL Institute for Innovation and Public Purp...