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(522)

Is GDP the best way to measure wealth?

Is GDP the best way to measure wealth?

We rely on GDP to measure the wealth of a country and it’s rate of growth, but is it the most meaningful measure? Phil Dobbie asks Prof Steve Keen whether it’s an accurate measure of happiness, for ex...

10 Jan 201826min

Should we listen to the Austrian School?

Should we listen to the Austrian School?

The Austrian School of Economics has been around since the 1870s, when Carl Menger wrote the Principles of Economics. They were a response to the conventional economic thought that prevails today. Phi...

3 Jan 201834min

Corporate tax – do we need it?

Corporate tax – do we need it?

President Trump is convinced that the high corporate tax rate in the US is damaging the prospects for domestic business and encouraging companies to hold their profits offshore. So will his plan to re...

18 Des 201724min

Foreign Ownership – good or bad?

Foreign Ownership – good or bad?

We often hear arguments that releasing land to foreign ownership is “selling the farm”. Similarly, foreign owned companies repatriate their profits rather than keeping profits within the local economy...

12 Des 201732min

How practicable is a debt jubilee?

How practicable is a debt jubilee?

Professor Steve Keen has often spoken of the need for a debt jubilee. If households can write off their ever expanding, mortgage driven, debt, then we reduce the risk of asset bubbles and consumer spe...

4 Des 201731min

What's causing the productivity slump?

What's causing the productivity slump?

The UK government announced an industrial strategy this week to tackle the problem of weak productivity growth. Yet, as Prof Steve Keen discusses with Phil Dobbie, the issue isn’t one of investment, a...

28 Nov 201730min

The Real Answer to the Affordable Housing Issue

The Real Answer to the Affordable Housing Issue

The UK’s Chancellor of the Exchequer has a plan to make housing in the UK more affordable. Sadly, it won’t work. His idea of cutting stamp duty for first home buyers on the first £300,000 of their hal...

23 Nov 201730min

Does Competition Hold Us Back?

Does Competition Hold Us Back?

In her book ‘Capitalism’s Toxic Assumption’ Eve Poole suggests competition can other be more destructive rather than a positive contributor to the economy. In this edition of The Debunking Economics P...

20 Nov 201730min

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