
Beating inflation?
Phil and Steve analyze the 2026 return of double-digit inflation, characterizing it as a structural cost-push crisis rather than the result of excess consumer demand. Keen argues that with Brent crude...
30 Apr 38min

More Central Bank Independence?
In this episode, Phil Dobbie and Steve Keen dissect Bank of England Governor Andrew Bailey’s push for greater central bank independence, a move Bailey claims is necessary to shield price stability fro...
22 Apr 40min

Energy - the AI Achille's Heel
In this episode of the Debunking Economics podcast, Phil Dobbie and Professor Steve Keen explore the precarious intersection of the ongoing global energy crisis and the massive resource demands of the...
14 Apr 39min

Understanding the Value of Value
In this episode of the Debunking Economics podcast, Phil Dobbie and Steve Keen explore the core of economic theory: the definition of value. They contrast the classical cost of production theory with ...
31 Mar 38min

Compound Growth in a Finite World
This week Phil and Steve examine the concept of compound interest and its inextricable link to exponential growth in a world with finite resources. They discuss how interest was historically viewed as...
24 Mar 41min

Paying a war
Phil points out that the US is likely to spend $1.5 trilion on defense/offense spending this year. Acknowledging that sovereign currencies can essentially create money to fund defense, doesn’t there g...
17 Mar 35min

Beyond the Barrel: Should We Windfall Tax Big Tech and Banks?
This week Phil and Steve dive into the mechanics, ethics, and economic consequences of a Windfall Tax.The discussion starts with the UK’s energy levy on North Sea oil and gas producers, questioning wh...
11 Mar 42min





















