Debunking Economics

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

Is GDP the best way to measure wealth?

We rely on GDP to measure the wealth of a country and it’s rate of growth, but is it the most meaningful measure?

Should we listen to the Austrian School?

Are there elements of the Austrian school that we should take seriously – surely anyone who challenges traditional economics is worth listening to?

Corporate tax – do we need it?

President Trump is cutting corporate tax in the US. The question is, do we need corporate tax at all?

Foreign Ownership – good or bad?

To some, foreign ownership brings in extra money to the country. For others, it amounts to selling the farm. So, who is right?

How practicable is a debt jubilee?

Professor Steve Keen has often spoken of the need for a debt jubilee. How would it work in practice?

What’s causing the productivity slump?

Why are we failing to see productivity increase? Is it through lack of investment? Or is it who benefits from the loans made to companies wanting to grow.

The Real Answer to the Affordable Housing Issue

The UK’s Chancellor of the Exchequer has a plan to make housing in the UK more affordable. Sadly, it won’t work.

Does Competition Hold Us Back?

Prof. Steve Keen goes through scenarios where competition is more of a hinderance than a help

The Unanswerable Irish Border Question

Ever considered that the reason nobody has come up with an answer to how the EU border with Northern Ireland will work, is because there isn’t one.

What Makes Currency Stable?

Aren’t currency fluctuations a bad thing, creating uncertainty in prices for exports and imports? How do we stabilise them?

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