Influencing the Speed of Money
Milton Friedman had a theory that the wealth of a nation was determined by the amount of money and the velocity of that money. In other words, if we exchanged money more quickly we’d all be better off...
18 Marras 201620min
Austerity is Chipmunk Thinking
In this podcast Phil Dobbie talks with Steve Keen about the rationale behind government austerity measures, the thinking being that government debt is holding back the prospects for economic growth. S...
16 Marras 201621min
Monopolies – a Necessary Evil?
In this episode Steve Keen argues that monopolies commissions have got it wrong, believing the consumer wins when all firms in an industry are of similar size. He argues that the best outcomes occur w...
12 Marras 201631min
Trump won because trickle-down economics doesn’t work
Trump’s unexpected win reflects the dissatisfaction of huge swathes of disenfranchised voters across America. They are upset because they are not seeing their lifestyle improve, yet the rich elite see...
11 Marras 201618min
Brexit is Needed to Bring Down the EU
In this edition of the Debunking Economics podcast Steve Keen explains why he is an ardent supporter of Brexit. Phil Dobbie, who believes Britain should stay in as long as the EU exists, asks whether ...
4 Marras 201619min
Interest rates - do they really control inflation?
Reserve banks spend a lot of time discussing the interplay between inflation and interest rates. In this third episode of the Debunking Economics podcast we look at how the two are inter-related and w...
1 Marras 201620min
The crazy (and not so crazy) ideas of Donald Trump
Donald Trump has some weird ideas. Building a wall along the southern US border and getting Mexico to pay for it, for example. But, as Steve Keen explains, on other matters Trump’s intuition is right,...
25 Loka 201627min
Inflation. Is it a good or bad thing?
This week the inflation rate in the UK hit one percent. It’s a long way from the high teens of the late seventies and early eighties. In this inaugural episode of The Debunking Economics Podcast, Phil...
21 Loka 201616min
