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?
An unprecedented spike in US jobless claims, yet equities rise sharply too. NAB’s Gavin Friend explains all hopes are now on the stimulus and hopes a recession will be short and sharp. But where’s the evidence?
Just heard someone on the BBC say prices went up 3.1% in September, less than the rise we saw in August. As though this is the month on month rise!