Dynamic, stochastic general equilibrium (DSGE) models are used by monetary policy analysts the world over. But, in this edition of the Debunking Economists podcasts, Prof. Steve Keen suggests to Phil Dobbie that the model is neither dynamic nor general that fail to recognise shocks and crises like the financial crisis or the great depression.
To hear the full version subscribe by picking a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen
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European bonds rise sharply as some ECB members talk up rate schedule
Bond yields are back on the rise, hitting equities. NAB’s Ken Crompton says today’s surprise has been the more hawkish sentiment coming from some ECB members.
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Who were the bad guys in the Redditt Wall Street Rebellion?
Steve Keen says the real culprits were the Robin Hood trading platform. Find out why in thisd week’s podcast.
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Will the RBA cut rates today?
Will the RBA cut rates today? I ask NAB’s Rodrigo Catril on today’s Morning Call podcast.
