Western economies are struggling to see growth anywhere near the levels before the global financial crisis. Japan has been struggling with zero growth, or worse, for years. So, what’s the cause of the slowdown and will we ever see high growth ever again? More to the point, why the growth obsession. Are there better ways of measuring the health of an economy? And what’s the downside of being too focused on economic growth? Phil Dobbie puts all these questions to Prof Steve Keen in this edition of the Debunking Economics podcast.
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
-
What price, the last mile?
Telstra is upset about a draft decision from the ACCC that will see other companies paying less to access their last-mile infrastructure. So how is the price arrived at and is it fair.
-
Will higher oil prices drive alternative energy investment?
Will higher oil prices be enough to drive alternative energy investment? Not fast enough, says @ProfSteveKeen, we may have to consider rationing if we are to avoid climate change.
-
Powell’s adjustments, May’s delays
Theresa May’s talk of a Brexit delay has boosted the pound. I talk to NAB’s Gavin Friend about that, Jerome Powell’s testimony and what else is driving the markets today.
