Debunking Economics

Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession

What went wrong at Bretton Woods. Time for another meeting?

Bretton Woods aimed to encourage international trade by stabilising currencies. Today, we are as far from that aim as you can imagine. So what went wrong?

An economic model that includes energy

Imagine an economy without energy. Most economic theory ignores it, or at least downplays its influence. Steve keen is working with others to create a more realistic model.

Freeports – right for now or a spin on an outdated idea? (preview)

Boris Johnson says he will introduce 10 free trade zones in the UK post Brexit. Will it create new opportunities or is it jus ta last ditch attempt to keep a few car plants running?

Has Monetary Policy Had Its Day?

As the Federal Reserve gets set to cut interest rates, I ask Prof Steve Keen whether it’ll make any difference? In Japan interest rates are negative and it’s still not working. Does monetary policy actually work?

The future’s solar, finance is the problem

Solar could be the energy source of the future – but, Omar Cheema argues, its future is held back by finance, vested interest and geopolitics.

Good debt, bad debt

Is debt a bad thing? Or is some good for the economy? How can we tell the difference. Steve Keen explains.

Is there a better way of funding retirement?

Many of us can’t afford to retire, yet the government’s welfarfe bill is climbing. How do we get out of this mess?

Could a land tax replace income tax?

Is land tax a better tax than income tax – hard to avoid and a better way to manage the supply of a constrained resource? A question put to Prof Steve Keen in the latest Debunking Economics podcast.

Facebook’s Libra Could Be Really Good News

Libra isn’t a grab for power by Facebook. Steve Keen argues it’s a welcome challenge to the traditional banking sector.

Is the EU anti-growth?

The EU is struggling right now. The Bundesbank has downgraded its 21019 GDP forecast from 1.6% down to 0.6%. The Italian government is being threatened for breaching the EU’s spending rules. Yellow vests protestors have been out on the streets of Paris for 31 weeks now, fighting against inequality. This week the European Central Bank meets to determine how to boost the bloc’s economic growth. But, Phil Dobbie asks Prof Steve Keen, isn’t it time for a fundamental rethink of how the EU is structured and operates? With reforms to the EU, would Brexit have been necessary?

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