Debunking Economics

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

Currency Wars

The floating of currencies has created a massive forex industry. Steve Keen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it igmnored Keyne’s idea of the Bancor.

The energy crunch

Energy prices are going through the roof and usage is slipping away from renewables. I ask @profstevekeen, is this the time to nationalise power?

Cashed up and nowhere to go

This week on the Debunking Economics podcast @profstevekeen explains why the money governments have spent on support through COVID is with us forever, and why that’s not such a bad thing.

Steve for the NSW Senate

Steve Keen is standing for the Senate in NSW. What was he thinking! I ask on this week’s FREE Debunking Economics podcast.

Inflation, the next pandemic?

COVID is causing massive supply chain disruption. We’re told its only temporary, but what if it’s not?

Has QE become MMT by another name?

Central banks have amassed trillions in government bonds. Do they seriously expect to reduce that to xero? If not, I ask Steve keen, haven’t they embarked on MMT by another name?

Boris’ Healthcare Reform is Grossly Unjust and Economically Damaging

A reduction in Universal Credit, low wage rises for public sector workers, and now an increase in tax to pay for the health service. Does Boris realy want to level up?

What’s down the China road?

An increasingly self-sufficient autocratic China able to write off its own debt. What could possibly go wrong. @ProfSteveKeen and me on the latest Debunking Economics podcast.

The economics of scarce resources

If mineral resources become increasingly scarce, what does that do for the broader economy? What will change our behaviour?

The economics of education

With inflated A level grades more people than ever are off to uni. I ask Steve Keen if this will add to productivity and increase GDP? If not, what’s the point?

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