Debunking Economics - the podcast

Debunking Economics - the podcast

Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.

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Episoder(513)

Why Steve Keen is voting Liberal in the Aussie election

Why Steve Keen is voting Liberal in the Aussie election

Steve Keen believes the Australian economy is about to tank. If there's a Labor government in charge they will be blamed for the mismanagement of the economy. Better that label is stuck on the Liberal...

15 Apr 201934min

Fixing housing affordability

Fixing housing affordability

House prices are crashing down in Australia, with forecasts for Sydney that they’ll have fallen by 20% from their peak by the end of this year, with the possibility that they will fall much further be...

11 Apr 201932min

Getting out of the monopoly rut

Getting out of the monopoly rut

In a recent podcast Phil Dobbie suggested that Australia suffers for its relatively small population size, which restricted competition and meant people were paying higher prices. Peter Y, a listener,...

4 Apr 201940min

Interest rates – have they anywhere to go?

Interest rates – have they anywhere to go?

Interest rates have been low in most parts of the world for some time now – in many places they are actually negative. So, what do central banks do next time there’s a global economic downturn which, ...

18 Mar 201931min

The next big recession – when, where and how

The next big recession – when, where and how

It seems like we’re due another recession. If you include the dot-com bust then we’ve had significant downturns every 78-9 years since the 1970s. So, even though it feels like we haven’t recovered fro...

11 Mar 201937min

Is Modern Monetary Theory too closed for open economies

Is Modern Monetary Theory too closed for open economies

Modern Monetary Theory supports the idea that governments, rather than creating debt, can create as much money as they see fit to invest in the economy and create jobs. Thar works just fine in a close...

4 Mar 201930min

Were Austrian economists wrong to have purpose?

Were Austrian economists wrong to have purpose?

The Austrian School of Economics has been around since the 1870s but was given a new lease of life in the 1970s by Frederich Hayek. In this week’s podcast Phil Dobbie asks Prof Steve Keen about some o...

25 Feb 201933min

Nordhaus’ Climate Model Debunked

Nordhaus’ Climate Model Debunked

Nobel prize winning economist William Nordhaus has modelled how climate change will impact the economy. Steve reckons its part of the reason we don't take climate change seriously. It vastly underest...

18 Feb 201924min

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