Phil Dobbie and Prof Steve Keen work through four ideas that could change the way the economy works – for the better.
Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession
The world’s Central Bankers have been meeting up in Portugal this week and seem to have colluded on the idea of raising interest rates sometime soon. It looks like the UK, Europe and Canada are in on it but, Professor Steve Keen reckons, they’ll soon be eating humble pie. Any rise in rates right now will quickly be reversed, because the bankers are ignoring the role of credit. Find out why that is so important in this free edition of the Debunking Economics Podcasts with Phil Dobbie and Steve Keen.
To hear more of these podcasts pick a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen
It’s the catch cry for those who like to spread fear – Corbyn in power would take Britain back to the 1970s. Are they right?
Zero net migration, changes to VAT, getting rid of inheritance tax, redirecting foreign aid to the NHS and ways of helping small business. UKIP’s manifesto is not all bad.
Classical economics assumes the economy will always arrive at an equilibrium, yet central banks spend an inordinate amount of time speculating on when they should next move interest rates, and in what direction. Why do they need to do that?
The battle between confidence and COVID numbers is being played out in FX markets, says NAB’s Gavin Friend. Europe could have a bigger influence next week, he says. https://t.co/WWNIUomv2Y
I am starting a new weekly half hour podcast, 'Its the business', primarily for a UK audience, starting next month. Get in touch if you have something to say and would like to contribute. Finance, markets, management, products ... the works.