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)

 The rising impact of the gig economy

The rising impact of the gig economy

Latest UK employment statistics show that more than half of the jobs added in the last year went to the self-employed. Part of this will be entrepreneurs forging their own path, but many will be peopl...

6 Apr 201716min

Can you have a free market for public goods?

Can you have a free market for public goods?

It seems there’s a relentless desire to try and apply free market principles to public goods, like health, education, defence and research. Even though they usually operate in a monopolistic environme...

3 Apr 201725min

Do poor people make the rich richer?

Do poor people make the rich richer?

Karl Marx argued that the bourgeoisie got rich by creaming their wealth off the proletariat who did all the work. But in this podcast Prof Steve Keen tells Phil Dobbie that it’s not the capitalists wh...

30 Mar 201718min

Does misinformation feed capitalism?

Does misinformation feed capitalism?

Traders buy and sell based, often, on hearsay. Mum and dad investors can take a punt based on advice from ‘experts’ or from the lies they see in a company prospectus. Whatever the level of investor, y...

27 Mar 201714min

Government debt, when does it become a problem?

Government debt, when does it become a problem?

In the seventies US government debt was less than 40 percent of GDP. Now, it’s over 100 percent. And the US is still to pass a change to the debt ceiling, which inhibits the government’s ability to sp...

21 Mar 201724min

Which creates growth – supply or demand?

Which creates growth – supply or demand?

Which comes first, demand or supply? If you want to grow an economy should you offer money or tax cuts to increase demand, or should you fund jobs to create supply and wages. Donald Trump, like many p...

17 Mar 201714min

Is Trump right about currency manipulation?

Is Trump right about currency manipulation?

In this edition of the Debunking Economics podcast we test Donald Trump’s accusations that China, Japan and Germany are manipulating their currencies – something he hates, of course, because it makes ...

7 Mar 201722min

 Is Trump right about an import tariff?

Is Trump right about an import tariff?

Donald Trump has talked about a 20 percent tax on exports from Mexico to help pay for the wall, but has also spoken about a broader tax on all imports. Many fear it’s a form of protectionism that coul...

2 Mar 201715min

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