Steve Keen says we’re already seeing the consequences of the fall in Australian house prices. But will it lead to a recession? Could the consequences really be called a crisis, or will the economy absorb the shock?
Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession
One for our listeners, Pieter Verhoeven, suggested we look at steady state economics and the post-growth economy. What needs to change if we are to accept the findings in Limits to Growth and what would life be like in a zero growth economy?
The latest NAB business survey shows further weakness in business conditions. @NAB’s Ivan Colhoun talks through the findings: https://t.co/qDqCec1EjJ