Will China survive the trade war?
President Trump looks set to step up the tariff battle against China as he embarks on the fruitless task of eradicating their $380 billion trade deficit. With no peace talks on the horizon its very li...
31 Okt 201834min
Sharing in the spoils of your hard work
John McDonnell has proposed that all companies over a certain size would be required to transfer equity into an inclusive ownership fund, which would issue shares to people working for that company. S...
28 Okt 201826min
Could the Euro be the world’s reserve currency?
A few weeks back Jean Claude Juncker suggested that the Euro should be established as a reserve currency to challenge the reliance on the US dollar. In this podcast, Phil Dobbie asks Prof Steve Keen i...
20 Okt 201831min
Announcing the Nobble Prize in Economics
Today William D Nordhaus and Paul Romer were announced as joint winners of the Noble Prize for Economic Science. Yes, science! Neither would qualify for the profession's newest award, to be launched n...
10 Okt 201833min
The inefficiency of inequality
It’s often argued, by politicians and business owners, that higher wages cut into company profits, which is bad for the economy. Yet, lower wages cuts spending, and that’s worse for the economy. In th...
5 Okt 201833min
Labour mobility – do we need more or less?
One of the reasons people voted for Brexit was to “take control of our borders”. Around the world, western leaders are echoing a similar message. It seems migrants are viewed more as a drain on resour...
18 Sep 201825min
Are the Kiwis right to ban foreign home buyers?
A new law in New Zealand prevents foreign buyers from acquiring homes in there. It’s a response to rising house prices which, the government claims, is being driven by New Zealanders being outbid by p...
17 Sep 201834min
Does a flattening yield curve mean a US recession is on the way?
The spread of yield between short and long term US Treasuries is narrowing. It could even invert, meaning the yield is higher on short term Treasuries than long dated ones. This is precisely what happ...
11 Sep 201830min
