Growth. Do We Really Need It?
In this edition of the Debunking Economics podcast Phil Dobbie asks Professor Steve Keen why the economy is dependent on growth. Is it psychological – that we like to think we are better off – or is t...
3 Jan 201720min
Steve Keen on the Year Ahead
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 Dec 201621min
What Scrooge Could Learn From Keynesian Economics
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 Dec 20169min
Bank Collapses, All Over Again.
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 Dec 201626min
Is Productivity Really That Important?
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 Dec 201618min
Why Debt is Like Sex With Accountants
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 Dec 201630min
National debt and private debt – how one can help the other?
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
How Much is Free Trade Costing Us?
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
