The unrelenting progress of winner takes all economics
This week Phil and Steve talk about the staggering accumulation of capital, which has ratcheted up since the pandemic. In the US the top 0.1 percent of companies hold 88 percent of all corporate asset...
17 Jul 41min
Too slow for zero?
This week Phil and Steve confront the mathematical and environmental reality of a "zero growth" future, sparked by a debate over the deflationary traps of finite currency systems like Bitcoin. Steve t...
7 Jul 42min
Challenges for the reserve currency
How much longer can the United States rely on the US dollar to dominate the global financial system, and what happens when the cracks finally start to show? In this week's Debunking Economics podcast,...
2 Jul 39min
The world’s anti-migration shift to the right
Phil and Steve confront the global surge in anti-immigration rhetoric and right-wing political momentum, tracing its roots to the structural failures of neoliberalism rather than the actions of migran...
23 Jun 48min
GDP is hopelesss as a relative measure
Steve and Phil critique our systemic over-reliance on Gross Domestic Product (GDP) as the definitive baseline for comparing global economies and measuring societal well-being. The discussion underscor...
17 Jun 45min
Is Labour right to cut tax incentives for housing speculators?
This week Phil and Steve dig into the storm of controversy over Australia's new budget rules targeting property speculators. The Labor government has scaled back negative gearing and abolished the 50%...
10 Jun 44min
Hedging an Uncertain Future
This week Phil challenges Steve on how the futures market handles terminal risk, pointing out that oil prices slope downward over time simply because traders blindly assume the Strait of Hormuz will r...
20 Mai 38min
Conditioned to borrow, not save
This week Phil and Steve dismantle the structural shift of the global economy toward a permanent state of debt dependence. Following a critique of Steve’s recent debate on the Piers Morgan show and a ...
13 Mai 45min
