Do poor people make the rich richer?
Karl Marx argued that the bourgeoisie got rich by creaming their wealth off the proletariat who did all the work. But in this podcast Prof Steve Keen tells Phil Dobbie that it’s not the capitalists wh...
30 Maalis 201718min
Does misinformation feed capitalism?
Traders buy and sell based, often, on hearsay. Mum and dad investors can take a punt based on advice from ‘experts’ or from the lies they see in a company prospectus. Whatever the level of investor, y...
27 Maalis 201714min
Government debt, when does it become a problem?
In the seventies US government debt was less than 40 percent of GDP. Now, it’s over 100 percent. And the US is still to pass a change to the debt ceiling, which inhibits the government’s ability to sp...
21 Maalis 201724min
Which creates growth – supply or demand?
Which comes first, demand or supply? If you want to grow an economy should you offer money or tax cuts to increase demand, or should you fund jobs to create supply and wages. Donald Trump, like many p...
17 Maalis 201714min
Is Trump right about currency manipulation?
In this edition of the Debunking Economics podcast we test Donald Trump’s accusations that China, Japan and Germany are manipulating their currencies – something he hates, of course, because it makes ...
7 Maalis 201722min
Is Trump right about an import tariff?
Donald Trump has talked about a 20 percent tax on exports from Mexico to help pay for the wall, but has also spoken about a broader tax on all imports. Many fear it’s a form of protectionism that coul...
2 Maalis 201715min
Where QE is failing – time for a people’s QE
The Bank of England, like many central banks, has used Quantitative Easing as a tool to try and engender growth in the economy. It’s a tool they had to resort to when sustained low interest rates fail...
27 Helmi 201732min
Is your money safe in the bank. Or is it time to buy gold?
You’ve probably seen them – emails telling you now is the time to buy gold. When currencies collapse, gold is the safe-haven that speculators turn to. In this episode, Phil Dobbie explores the idea of...
20 Helmi 201725min
