An explanation on why Ricardo’s theories on comparative advantage don’t hold true in the real world. Starting with the the industrialisation of Japan.

Milton Friedman had a theory that the wealth of a nation was determined by the amount of money and the velocity of that money. So shouldn’t we be trying to speed things up.

Is the government’s austerity programme the same as chipmunks hording nuts for the winter. Fine if we want the economy to go into hibernation.

All companies do not have to be an equal size for perfect competition. Steve Keen argues that the best outcomes occur when businesses form a “power law” structure.

Trump’s unexpected win reflects the dissatisfaction of huge swathes of disenfranchised voters across America.

Steve Keen’s thoughts are that the concept of the EU, as it stands, is so abhorrent that a Brexit is needed to encourage others to do the same and pull the whole thing apart.

How are inflation an dinterest rates inter-related and is the bond is as tight as Central Banks seem to believe?

Donald Trump has some crazy ideas, but on some matters his intuition might be right.

Isn’t low inflation a good thing? Not so, says Steve Keen as he discusses the role of inflation in monetary decisions made by Reserve Banks around the world.