What if we paid a realistic price for energy?
We know we don’t pay a fair price for energy. Energy companies are making a mint because they extract the energy without worrying about most of the externalities – like the impact they are having on t...
7 Jun 202333min
Planning for retirement, who pays?
There is about £2.5 - 3 trillion of assets in UK private pension schemes. Through the tax system we are heavily incentivised to put money into our pension plans. So, what’s wrong with that? That money...
31 Mai 202339min
Positive Money’s Economic Plan
Part of the problem with the global economy is that nobody has a plan, except perhaps the Chinese Communist Party. Elsewhere politicians lurch from one crisis to another, and any long-term planning is...
24 Mai 202338min
Why do central banks want digital currencies?
Central banks seem to be in a rush to offer digital currencies, but why? Conspiracy theories point to China, and visions of private bank accounts monitored by the state to counter the hidden transacti...
17 Mai 202333min
HANK or RANK – how monetary policy works, or doesn’t
New Keynesian economists have accepted that their HANK model, which models the behaviour of one representative agent, doesn’t explain the outcomes on different income groups. As we know, the latest ra...
10 Mai 202338min
The Fast Road to Net Zero
Reaching net zero – is it doable, or is it just a pipe dream? In podcasts recently Steve Keen has expressed thoughts that we are already too late to avoid catastrophic climate change. But this week, H...
3 Mai 202341min
Rate rises and inequality
Nobody wins when rates rise. Central banks might argue that everybody wins, because they are using these rises as the blunt instrument to knock down inflation. But the wealthy lose out because asset p...
26 Apr 202336min
Immigration. Good or bad?
There is nothing or contentious that immigration, it seems. In the UK there’s a swathe of the population that don’t like foreigners very much, unless they are serving than fish and chips in Torremolin...
19 Apr 202338min
