Do we need cold hard cash?
Sweden is quickly moving towards a cashless economy. According to their central bank cash payments are now less than 2 percent of GDP and less than 15 percent of retail transactions. Phil Dobbie asks ...
29 Kesä 201824min
A Tale of Two Economies
They’re having the best of times. They’re having the worst of times. The US economy seems to be going gangbusters whilst Europe’s growth has stalled and, possibly, is starting to wane. So why the disp...
19 Kesä 201830min
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
