Debunking Economics

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

Will COVID-19 kill the EU?

If the EU can’t fix the crisis in Italy and Spain without those nations incurring massive debt, will the southern nations pull out of the European experiment? I ask @profstevekeen

Bad start to an unhealthy quarter

There’s not a lot of good news around, says NAB’s Gavin Friend. Equities kick off Q2 as the reality check hits home.

Who is handling this virus the best?

Steve Keen on which countries are managing to control the virus and which are best placed to see a swift economic recovery, if any.

How did we get here?

On this week’s Debunking Economics podcast I talk to Prof Steve Keen and Nick Hanauer about why the western world is so slow to respond to the spread of the Carona virus, and whether we’ll repeat the mistakes once its gone?

Next, a repair based economy?

Are we too reliant on stuff? I ask Steve Keen if now is the time to ignite the repair-based economy?

Do we need a Corona bond?

Stimulus from central banks and governments go nowhere near seeing us through the #COVID19 crisis, argues @ProfSteveKeen. So, what do we do?

Is technology the only real driver of growth?

Can you have continual growth without innovation? Is that why we’re not seeing growth? I ask @profstevekeen on today’s Debunking Economics podcast.

We need to prepare the economy for a lock down

Cutting interest rates won’t solve the problem of low production and low demand – so, I ask Prof Steve Keen, what can be done to protect us from the impact of the Corona Virus.

Can US debt keep rising forever?

US government debt is now well over $23 trillion, It keeps rising. I ask @Profstevekeen if we’ll ever hit a point where this is a problem?

The multiplier effect and who stops it working

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

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