Debunking Economics

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

Why are some countries rich and others poor?

What makes some countries rich whilst others are so poor? I ask @ProfSteveKeen in the latest Debunking Economics podcast.

UBI and a Debt Jubilee – an economic solution or a reward for sloth?

Will a debt jubilee work? What about as universal basic income? I quiz @PreofSteveKeen on two proposals he has to revitalise the global economy.

Why Steve Keen is voting Liberal in the Aussie election

Why is a progressive economist voting for a conservative government? Is it the right reason? Listen and decide.

Interest rates – have they anywhere to go?

Interest rates have been so low for so long, does that give central banks any room to move when there’s another recession.

The next big recession – when, where and how

We are due another recession. So what will be the cause of it this time and how far will it spread?

Is Modern Monetary Theory too closed for open economies

Modern Monetary Theory suggests governments can create money rather than build debt – but what of international trade?

Were Austrian economists wrong to have purpose?

The pros and the cons (mostly cons) of the Australian School’s view of economics.

Nordaus’ Climate Model Debunked

William Nordhaus won a Nobel prize for his work on climate change and the economy. Steve Keen talks about one sizeable flaw in his modelling.

Fact-checking Friedman

Milton Friedman influenced a generation of politicians – yet so many of his arguments were flawed. Listen to a few of them.

What’s a country’s optimum population size?

Is there an optimum size for a country’s population – from an economic and ecological standpoint. I ask Prof Steve Keen.

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