Debunking Economics

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

Yellen’s global tax is a non starter

Janet Yellen wants the world to agree a universal rate of corporate tax. Has she got a cat in hell’s chance of making any headway? No way says @profSteveKeen on this week’s Debunking Economics podcast. But would it solve anything anyway?

Central banks investigate digital money

Central banks around the world are looking at introducing their own digital currencies. I ask @profstevekeen, what exactly do they mean, and what’s their end game?

The fallacy of the supply curve

Last week @profstevekeen showed why the law of demand was useless. This week on the Debunking Economics podcast he pulls apart the supply curve.

The fallacy of the demand curve

It’s the most fundamental aspect of economic teaching – the law of demand. But @ProfSteveKeen says its all wrong. Listen in to this week’s Debunking Economics podcast to find out why.

Global Britain, owned by the world

Brexit has got off to a very bad start, but what about global Britain. I ask @profstevekeen if the government has a plan? They seem focused on FDI and share listings, but will they do us any good?

Vaccination is a global pursuit

This is no time for vaccine nationalism. As the WHO said, nobody wins the race until everyone wins the race. This week, in this free edition of the Debunking Economics podcast, Steve Keen and I talk about how to fund the international role out of a vaccine programme.

Economies are too scarred to bounce back quickly

Government’s are overly optimistic at the speed of an economic bounce back, says @profstevekeen, because they are ignoring the impact of profoundly high levels of debt.

Who pays for a free press?

Has the Facebook saga in Australia demonstrated that social media players yield too much control? Or ha sit demonstrated that the media needs to be smarter about how it monetises content? I don’t exactly see eye to eye with @Profstevekeen on this.

Who were the bad guys in the Redditt Wall Street Rebellion?

Steve Keen says the real culprits were the Robin Hood trading platform. Find out why in thisd week’s podcast.

Is central bank independence a thing of the past?

With central banks colluding with governments to coordinate fiscal and monetary policy, is their independence a thing of the past?

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