Steve Keen on the Year Ahead
The start of the end of the Euro, the continued rise of the right, recession for Australia and a booming US economy thanks to Trump‘s spending program.
The start of the end of the Euro, the continued rise of the right, recession for Australia and a booming US economy thanks to Trump‘s spending program.
If Scrooge had behaved like he did he in the last few pages of A Christmas Carol, he would be bankrupt. But he wasn’t good for the economy beforehand, either.
We look at the state of banks around the world and economies teetering on the edge. If we are to face another global financial crisis, driven by bank collapses, how do the circumstances compare with 2007-8?
Figures on productivity can be misleading, and hide the growing inequality in society. There are better measures, Steve Keen believes.
Steve Keen talks the importance of double entry book keeping – something accountants might find more exciting than sex. If they even know what that is.
A calm session on the markets. NAB’s David de Garis says there’s still uncertainty over what’s round the corner. Meanwhile, Australia inflation falls. Does that mean job done for the RBA? https://podfollow.com/nab-morning-call
In the Thirties the Chicago Plan proposed that banks had no part in money creation. Good idea or bad? Me and @profstevekeen on this week’s Debunking Economics podcast https://podfollow.com/debunking-economics-the-podcast