Debunking Economics

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

EU talks bonds. And this time it’s different.

The EU has talked about issuing bonds to combat the threat from Russia and remove the reliance on them for energy. I talk to @profstevekeen about why bind issuance by the EU is a game changer and very different to pandemic emergency measures by the ECB.

Does economic isolatonism work?

Can we really stop Putin’s imperialism with sanctions? Probably not, says @profstevekeen, but we’ll have to get used to more wars as global resources become constrained.

Crazy Taxes (preview)

There are some crazy tax rules. On this week’s podcast @ProfSteveKeen says we should remind ourselves of why we have taxes in the first place.

Fighting Putin’s grand plan

To understand the motivation of Putin you have to understand the history from the Soviet era says @profstevekeen. And as to sanctions, will any work?

Time for a monetary reset?

A monetary reset, to remove excessive debt in households. How would it work? Steve Keen explains in this week’s Debunking Economics podcast.

Debt, loans and investments deciphered

Steve Keen explains to me how savings and investments are the same, and why we save when we could be paying down debt.

How to burst the housing bubble

Steve Keen has a plan to make Australian housing more affordable – but will the voters like it?

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?

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?

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