In this podcast series Prof Steve Keen has repeatedly argued the importance of keeping an economy in surplus. But, Alex Howlett, a regular listener and Patreon supporter, asks why this might be. He suggests a trade deficit is a good thing, because it suggests companies overseas are willing to accept your currency. The more currency you generate, the more you can buy. To a point. Phil Dobbie asks Steve, what’s wrong with Alex’s hypothesis?
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 supporter of Steve Keen on Patreon at https://www.patreon.com/ProfSteveKeen
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The Turnbull Broadband Network
On this week’s Twisted Wire Malcolm Turnbull expands on his plans for broadband development under a coalition government.
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Four Big Web Copy Mistakes
Grant Doyle is a freelance web copywriter,. He says there are five basic mistakes that writers are often guilty of.
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Optus wins on TV Now, Telstra to lose on DSL
Twisted Wire looks at the AFL and NRL loss in court over how Optus store TV content in the cloud. There’s also the battle to declare Telstra’s wholesale DSL. We know who will lose that one too.
