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(523)

How Marx was wrong on revolution

How Marx was wrong on revolution

Karl Marx got a lot right, but he was wrong about the need to a revolution. In this podcast Prof Steve Keen explains how, if Marx had followed his own theories, he would have realised that there wasn’...

10 Mai 201835min

Monetary versus fiscal policy – which one works best?

Monetary versus fiscal policy – which one works best?

Central banks like to control inflation using monetary theory (managing the cost of borrowing) as their way to control inflation and unemployment and avoid recessions. Whereas Keynes argues that gover...

2 Mai 201831min

Is it time to break up the Internet giants?

Is it time to break up the Internet giants?

With Mark Zuckerberg being probed by the US government recently, and similar hearings being held in the UK, there’s been a lot of discussion lately about whether the Internet giants wield too much pow...

25 Apr 201829min

Challenging the distortionary impacts of land value

Challenging the distortionary impacts of land value

Land, is of course, heavily constrained. In this podcast Phil Dobbie asks Professor Steve Keen whether enough value is placed on it and the influence it has on the broader economy. Housing speculation...

17 Apr 201831min

Why Russia supports their tough guy

Why Russia supports their tough guy

It’s hard to support everything Vladamir Putin does – he probably was involved in the attack in Salisbury. If not, there are lots of other violations of human rights we can point to. But he does have ...

6 Apr 201841min

Is a trade deficit a bad thing?

Is a trade deficit a bad thing?

In this podcast series Prof Steve Keen has repeatedly argued the importance of keeping an economy in surplus. But, Alex Howlett, a regular listener and Patreon supporter, asks why this might be. He su...

3 Apr 201826min

Is there a case for full reserve banking?

Is there a case for full reserve banking?

One of our podcast listeners, Arjen, asks the question, “Why don't you recommend a full-reserve banking system instead of fractional reserve? There would be much less debt in such a system and a small...

27 Mar 201839min

Is energy efficiency a race to the top?

Is energy efficiency a race to the top?

We’ve talked a lot on the Debunking Economics podcast about how energy is the only real driver of an economy, so the performance of an economy is driven by the availability of the resource and how eff...

20 Mar 201828min

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