Next, a repair based economy?
One of the questions we might be left with after the virus has left us, will be have we become too reliant on international supply chains. Another might be, are we just too reliant on stuff? If we are...
21 Mar 202024min
Do we need a Corona bond?
Central banks have cut interest rates, some governments have introduced stimulus measures. But still the disease spreads and livelihoods are put at risk. In today’s extra (free) edition of the Debunki...
12 Mar 202038min
Is technology the only real driver of growth?
We know what makes up the measure of gross domestic product – it is increases in private or government spending, increases in investment or an improvement in your balance of trade. But are those facto...
11 Mar 202030min
We need to prepare the economy for a lock down
The manufacturing numbers from China at the weekend showed how hard the sector was hit by the lockdown in Wuhan and neighbouring districts. In today’s Debunking Economics podcast Prof Steve Keen says ...
3 Mar 202037min
Can US debt keep rising forever?
The US government is now running a debt exceeding $23 trillion. When Donald Trump cam rot office it was already at $18.2 trillion. Regular Debunking Economics listeners will know the ability to rack u...
2 Mar 202032min
The multiplier effect and who stops it working
The multiplier is a basic concept of economics. If you come across some money and spend it, the person you spend it with then spends a proportion of it again, the recipient of which also spends some o...
25 Feb 202030min
Should Central Banks do all the work, or none of it?
Central banks started life as clearing houses and have evolved into instruments to, supposedly, protect the economy. But with interest rates at all time lows, often in the negative, have they gone as ...
17 Feb 202033min
The impact of AI – good or bad for the economy?
Artificial intelligence is everywhere it seems, except perhaps in parliament and in quite a few newspapers. But what does it mean for the future of work. Conventional economists would argue that peopl...
10 Feb 202031min
