Taxing capital gains less than income tax encourages risk taking and entrepreneurship, which spurs economic growth. So the theory goes.
Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession
Was Dutch economist Verdoorn right when he declared that people are productive when the economy is doing well? A positive spiral. Steve Keen says yes he was, but not necessarily for the right reasons.
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 Telegraphs coverage of a massive public display today. For those who were there, or saw the aerial shots, it wasnt as big as you think apparently. One commenter put it at 100k. https://t.co/ulpfafibNO