The Austrian School of Economics has been around since the 1870s, when Carl Menger wrote the Principles of Economics. They were a response to the conventional economic thought that prevails today. Phil Dobbie asks Professor Steve Keen whether there are elements of the Austrian school that we should take seriously – surely anyone who challenges traditional economics is worth listening to.
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
-
V-shaped optimism drives shares higher
Equities are buoyed again today – NAB’s Tapas Strickland says its built on hopes that lockdowns will end soon, but he also reckons the Fed’s involvement in corporate bond purchases is being reflected in share prices.
-
Real yields reach lows, vaccine reach slows
Major earnings results could help give equity markets more strength, but, on today’s podcast, NAB’s Rodrigo China’s regulatory uncertainty and slowing recovery rates are adding caution. All eyes will be on the Fed’s response later in the week.
-
Where do you draw the line on migration?
There are pros and cons to migration, so where do you draw the line. I discuss with Prof Steve Keen in this week’s Debunking Economics Podcast.
