Boris Johnson has talked frequently about levelling up the UK economy – bringing the wealth of the more deprived areas so they are closer to the wealth of the more affluent areas, without the affluen…
Inevitably, as governments spend more and more money to help their economies navigate through the COVID-19 crisis, the questions inevitably being asked is, how will all this be paid for? The assumpti…
Donald Trump is pushing ahead with his protectionist agenda, and possibly with good reason. There were over 17 million manufacturing jobs in the US in 2000, in the 10 years that followed, China joine…
Furloughed workers, self-employed grant schemes, increased unemployment benefits, low interest loans, quantitative easing – governments and central banks are pulling out all the stops to try and offs…
The world is facing the greatest economic downturn of our time. In the US at least 15 million more people are unemployed than just a few months ago. There are fears of a second wave and, even if it i…
The US might not be in a great place right now, with the riots, a narcissistic president and the COVID-19 virus taking a long time to slow down, yet, for generations it has been the country the world…
Mental health is an issue that impacts a growing number of people, not helped by the COVID 19 lockdown. Divya Dhami, an undergraduate student from the University of British Columbia, says the economy…
Governments everywhere have been pledging billions of dollars – in some cases, trillions – to help their economies navigate through the COVID-19 pandemic. Much of it has been spent supporting busines…
There are all sorts of theories on why there is such a huge discrepancy in income in society, and why it differs from one country to the next. For example, why does the USA have a far worse Gini inde…
Economists tend to see income as related to the value labour adds to a product or service. By that rationale, during this crisis, nurses helping save lives contribute only a fraction of the CEOs who …
Companies and governments are racking up massive debts to cope with the impact of COVID-19. Apart from grants for a month or two of partial salaries, the approach has largely been to extend easy shor…
In some parts of the world politicians, investors, business leaders and economists are behaving as though the Corona virus is almost eradicated. There are talks of easing up on restrictions, even tho…
He has been called the ‘Father of Economics’, but how much of what he talked about and wrote about has stood the test of time? Have we fully understood his ideas of free trade and the invisible hand?…
Billions of dollars are being pumped into economies the world over to protect economies from COVID-19. Much of it comes in the form of government fiscal stimulus, funded through bond issuance. Some o…
Putting the Corona virus aside for a moment, on this week’s Debunking Economics podcast Phil Dobbie talks to Steve Keen about our use of energy. He raises the dilemma of energy prices – if they are t…
The EU is debating whether funding to protect economies from the ravages of the Corona virus should come from centrally issued Corona Bonds, or from country-specific debt. In short, should Italy and …
Italy is getting swamped in corona virus cases, whilst China claims the only new infections now come from visitors from overseas. Donald Trump has gone from calling it a hoax to warning that 200 thou…
How did we allow the spread of the Caronavirus happen? Why were governments and health services so unprepared? In this week’s Debunking Economics podcast entrepreneur and venture capitalist Nick Hana…
One of the questions we might be left with after the virus has left us, will be have we become too reliant on international supply chains. Another might be, are we just too reliant on stuff? If we ar…
Central banks have cut interest rates, some governments have introduced stimulus measures. But still the disease spreads and livelihoods are put at risk. In today’s extra (free) edition of the Debunk…
00:38:51 |
Thu 12 Mar 2020
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