Can sovereignty survive?
Just how much control does a country have over its own economy? We’ve seen wage growth stifled by international competition and the decimation of manufacturing in the West. Yet Trump and Brexit voters...
12 Feb 201822min
Will supply cut house prices?
We often hear the argument that house prices have risen so much because there’s a lack of supply. Politicians argue that if more land was released to developers more homes would be built and the affor...
7 Feb 201829min
Rebuilding Economic Theory The Old Way
The Oxford Review of Economic Policy devoted its entire latest edition to rebuilding macroeconomic theory. That sounds like an acknowledgement that the theories that have guided the profession for dec...
31 Jan 201820min
Government Debt and All That
Boris Johnson has, once again, argued that money saved in fees to the EU can be used to fund better healthcare in Britain. His argument assumes the government is run like a household budget, ignoring ...
24 Jan 201837min
Can you expect full employment when migration is so high?
Migration is often blamed for unemployment. The fear that there are too many migrants stealing jobs has almost certainly helped with the rise of UKIP and the election of President Trump. But is there ...
19 Jan 201821min
Carillion, another public sector outsourcing disaster
The collapse of Carillion is down to poor management but, as Phil Dobbie discusses with Prof Steve Keen, it’s also down to a company that took risks because it was raking in so much money from the pub...
16 Jan 201822min
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?
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
