Debunking Economics - the podcast

The start of the end of the Euro, the continued rise of the right, recession for Australia and a booming US economy thanks to Trump‘s spending program. That’s how Prof Steve Keen sees the year ahead l...

31 Des 201621min

Charles Dickens wrote A Christmas Carol to heighten awareness of the rich poor gap in Victorian London. Professor Steve Keen suggests his lavish ways described in the last few pages of the book would ...

21 Des 20169min

Italian banks are on the verge of collapse. Former PM Matteo Renzi failed in his bid to centralise power and, supposedly, tackle the country’s dire economic circumstances. In reality, though, what cou...

19 Des 201626min

Obviously we want to ensure that we are doing the most with the resources we have, but are we placing too much importance on productivity as a key measure of how well an economy is performing. In this...

8 Des 201618min

Prof Steve Keen explains to Phil Dobbie why economists have got their theories wrong because they have misunderstood the role of double entry book-keeping. That means, argues Steve, this episode will ...

6 Des 201630min

The media, governments and mainstream economists are obsessed with concerns over government debt. Yet in the UK and most other developed nations private debt is a bigger issue. Why is it that we expec...

30 Nov 201629min

Back in 1817, in his catchy titled book ‘On the principle of political economy and taxation’, David Ricardo gave the mathematical argument for free trade based on comparative advantage. The argument g...

26 Nov 201629min

Milton Friedman had a theory that the wealth of a nation was determined by the amount of money and the velocity of that money. In other words, if we exchanged money more quickly we’d all be better off...

18 Nov 201620min