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
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
Fact-checking Freidman
Milton Friedman influenced a generation of politicians, turning them from Keynesian economics to a more free-market way of doing things. Margaret Thatcher described him an intellectual freedom fighter...
11 Feb 201936min
What’s a country’s optimum population size?
The world’s population is growing – and we seem to be feeling it a bit in almost every part of the world – some more than most. But could the population in some countries, like Australia for example, ...
4 Feb 201929min
Were mum and dad right about saving?
Did your mum and dad teach you to save money rather than borrow? It was better to have cash than be in debt. Yet the whole approach to money has turned on its head. We don’t save as much as we used to...
29 Jan 201938min
Running knowledge economies using production-based theories
Are we trying to apply theory developed for production-based economies, on economies driven by knowledge? It’s worse than that, Steve Keen tells Phil Dobbie. The theories around production were wrong ...
21 Jan 201929min
Is the Euro to blame for European disunity?
The European economy seems to have found itself in sharp reverse, possibly heading into a continent-wide recession. Italy is already there, Greece has witnessed thousands leaving the country to find j...
14 Jan 201933min
Capital gains tax – a failed experiment in growth
There’s a theory, in many conventional government and economic circles, that lowering capital gains tax will increase investment. By taxing capital gains at less than income tax it encourages risk tak...
7 Jan 201926min
