Has the UK come the raw prawn over free trade?
Boris Johnson has enjoyed photo opportunities this week with Australian Prime Minister Scott Morrison with the announcement of an ‘in-principle’ free trade agreement between the two countries. It’s th...
17 Jun 202131min
The problem with now
The world is fixated with the present. We want to earn money quickly and spend it quickly. CEOs don’t care about much beyond their stock options, politicians only work to getting re-elected, consumers...
10 Jun 202135min
Relative Values
Today on the podcast Phil Dobbie talks to Steve Keen about the value of things. Supposedly, price is a substitute for value, meaning if someone is prepared to pay more for something then they must val...
3 Jun 202135min
Inflation – transitory, then what?
US inflation is now running at 4.2% on an annual basis, and producer prices the world over have been rising as input costs for product creep up. How much of this will be passed on to the consumer as c...
26 Mai 202133min
Do central banks only help the rich?
This pandemic has been massive amounts spent by governments, and a chunk of that government debt is being bought by central banks. But with central banks buying up government bonds, whilst maintaining...
20 Mai 202135min
Navigating out of the COVID crisis
There seems to be an assumption by many that the crisis we have experienced will quickly bounce back. Output will resume, demand will return, everyone will be back in work and the economy will rapidly...
10 Mai 202136min
A history of recessions, and why this is not so different
There’s one clear difference between this recession and almost all those that have gone before. This time there was a pandemic involved, which hit demand and supply equally. So are there any similarit...
2 Mai 202136min
Removing the green premium
40 world leaders go together virtually this week, for a bit of an impromptu climate summit called by Joe Biden, before the next big climate conference (COP26) in Glasgow in November. In this edition o...
24 Apr 202110min
