Debunking Economics

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

Do high mortgages slow growth?

Conventional economists say private debt isn’t an issue, only public debt. Are they right about that?

Growth – why it won’t last forever

Western economies are struggling to see growth anywhere near the levels before the global financial crisis. Will we ever return to the way things were?

ECB fiddles whilst Rome burns

A meltdown seems to be happening in the Italian economy. Steve Keen says that it’s the failings of the Maastricht Treaty coming home to roost.

Why government debt isn’t a problem

Why we shouldn’t worry about government debt, but up to what point? What if the money the government owes keeps rising?

Will more information drive purer economic outcomes?

Economics is based on the pretext of rational decision making. Does that mean the more information we have the better the functioning of the economy?

How Marx was wrong on revolution

Prof Steve Keen explains how, if Marx had followed his own theories, he would have realised that there wasn’t a need for a shift to socialism.

Monetary versus fiscal policy – which one works best?

I ask Prof Steve Keen if monetary policies ever worked – and isn’t there a danger of fiscal policy racking up too much debt?

Is it time to break up the Internet giants?

Are online giants really monopolies? In which case, why are they making prices cheaper for everyone?

Challenging the distortionary impacts of land value

I ask Professor Steve Keen whether enough value is placed on it and the influence it has on the broader economy.

Why Russia supports their tough guy

To understand Russia’s support of Putin you need to understand the recent past, what the country is trying to achieve and the role of foreign powers in distracting them from their path.

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