Do high mortgages slow growth?
Ask a conventional economist about household debt and they’ll say it’s not an issue. The money you spend on repayments won’t be spent on shopping, but whoever gets that money will spend it and keep it...
13 Kesä 201825min
Growth – why it won’t last forever
Western economies are struggling to see growth anywhere near the levels before the global financial crisis. Japan has been struggling with zero growth, or worse, for years. So, what’s the cause of the...
8 Kesä 201832min
ECB fiddles whilst Rome burns
A meltdown seems to be happening in the Italian economy. Steve Keen tells Phil Dobbie that it’s the failings of the Maastricht Treaty coming home to roost. Does this mean that Italy could be on the ve...
30 Touko 201832min
Why government debt isn't a problem
Joh Madden sent us a message saying he wants to understand, in simple terms, why the interest payments on public debt are not a problem. He points out how it is used to justify austerity because it in...
23 Touko 201828min
Will more information drive purer economic outcomes?
Economic theory is based on the blatantly false assumption that perfect competition can be achieved when everyone has access to perfect information. So, if we strive to get closer to that ideal can we...
18 Touko 201831min
How Marx was wrong on revolution
Karl Marx got a lot right, but he was wrong about the need to a revolution. In this podcast Prof Steve Keen explains how, if Marx had followed his own theories, he would have realised that there wasn’...
10 Touko 201835min
Monetary versus fiscal policy – which one works best?
Central banks like to control inflation using monetary theory (managing the cost of borrowing) as their way to control inflation and unemployment and avoid recessions. Whereas Keynes argues that gover...
2 Touko 201831min
Is it time to break up the Internet giants?
With Mark Zuckerberg being probed by the US government recently, and similar hearings being held in the UK, there’s been a lot of discussion lately about whether the Internet giants wield too much pow...
25 Huhti 201829min
