Debunking Economics

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

The multiplier effect and who stops it working

Its a fundamental economic principle, but who stops it working to its full extent?

Should Central Banks do all the work, or none of it?

Central banks and governments arte increasingly working at odds with each other. Is it time for one or other to take the mantle?

The impact of AI – good or bad for the economy?

Artificial intelligence – will it steal jobs or grow the economy. It can’t do both! Me and Steve Keen on the Debunking Economics podcast

Does fiscal stimulus work? What about Friedman’s argument of nominal value?

Friedman argued increasing the money supply has only a short term benefit and runs the risk of runaway inflation. I ask @profstevekeen if he got it right

Davos does diddly-squat

Davos delivered nothing – I ask @Profsdtevekeen what should be done about climate change on today’s #debunkingeconomics podcast.

Is the share market killing innovation?

Share prices are getting ever higher, but who wins? Doe sit mkae the companies behind them any more efficient?

Equities race higher on trade optimism

Share prices continue to rise on the back of largely positive economic data from the US. But, as NAB’s Ray Attrill discusses, a different story from the UK.

Does the UK economy need the royals?

As Harry and Megan try to extricate themselves from the Royal family, this week we ask whether its worth keeping the royal family at all?

Five Big Myths of Classical Economics

Steve Keen takes me through where economics has got it all wrong!

Business cycles – what causes them?

Neoclassical economists argue that business cycles are driven by endogenous shocks. This podcast with @profstevekeen explains why they’ve got that wrong.

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