What’s driving the Great Resignation?
Steve Keen tells me that the Great Resignation is a kick in the balls of the gig economy. Ouch! So how does it play out now?
Debunking Economics
Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession
The Perils of Government Subsidies
Even the most ardent supporters of small government will agree there are times when governments need to offer subsidies to companies and industries. But, I suggest to @profestevekeen, there are lots of examples where it has less than the desired effect.
Where’s all the money coming from?
There’s been a £200 billion increase in the size of the UK money supply. I ask @profstevekeen what the impact of that might be, and who gets to control it?
Not all contrarians are the same
Bitcoiners and MMTers – two examples of economic contrarians who don’t agree with each other. Prof Steve Keen and I discuss the moves away from the mainstream.
Surviving with a negative trade balance
Can an economy prosper with a negative trade balance. And what has MMT got wrong on this? Me and @profstevekeen on the latest Debunking Economics podcast.
Too much information
Economics works well in principle apart from the bit about us having perfect information on products available. Me and Steve Keen on this week’s Debunking Economics podcast.
Boris misunderstood Pareto
Boris Johnson talked about Wilfredo Pareto at his Tory party conference. As I discuss with @ProfSteveKeen, Pareto was about anything but ‘levelling up’
Currency Wars
The floating of currencies has created a massive forex industry. Steve Keen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it igmnored Keyne’s idea of the Bancor.
The energy crunch
Energy prices are going through the roof and usage is slipping away from renewables. I ask @profstevekeen, is this the time to nationalise power?
Cashed up and nowhere to go
This week on the Debunking Economics podcast @profstevekeen explains why the money governments have spent on support through COVID is with us forever, and why that’s not such a bad thing.
THE TWITTERATI
Watching Politics Live. Imagine how much better the world would be if Labour and the Torys where led by @jessphillips and @edvaizey. Both moderate, informed and respectful.