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Debunking Economics - the podcast - Podcast

Debunking Economics - the podcast

Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.

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Science Business Money Social Sciences Education
Update frequency
every 7 days
Average duration
34 minutes
Episodes
472
Years Active
2016 - 2025
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Can MMT pay for a Green New Deal?

Can MMT pay for a Green New Deal?

Larry Randall Wray has suggested Modern Monetary Theory should be applied to create a Green New Deal. This week and next, Phil Dobbie talks to Prof Steve Keen about the idea of creating government mo…
00:34:00  |   Mon 21 Oct 2019
Will Trump ever win his trade war?

Will Trump ever win his trade war?

There’s a glimmer of hope that the US China trade war will ease a little. In other words, it won’t get worse. But even so, the tariffs and other conditions are being felt in both countries. Steve Kee…
00:34:26  |   Sat 12 Oct 2019
Can We Afford McDonnell’s Four Day Week?

Can We Afford McDonnell’s Four Day Week?

At the Labour party conference recently, UK Shadow Chancellor outlined the policy aim of reducing the working week to 32 hours, with no loss in pay. It’s been lambasted by many, who see it as a way o…
00:30:54  |   Mon 07 Oct 2019
Can MMT work in countries with a trade deficit?

Can MMT work in countries with a trade deficit?

Modern monetary theory tells us that we shouldn’t worry about government debt – that governments can create money to spend to projects that will create full employment. Even if that is the case, what…
00:37:52  |   Mon 30 Sep 2019
The insignificance of gold

The insignificance of gold

There were times when men would leave their families to head for the hills and pan for gold. There were times when the value of currencies was tied to gold. These days, there aren’t so many discoveri…
00:30:19  |   Mon 23 Sep 2019
The false economies of private health

The false economies of private health

According to the World Health Organisation, Antibiotic resistance is rising to dangerously high levels in all parts of the world. New resistance mechanisms are emerging and spreading globally, threat…
00:29:54  |   Mon 16 Sep 2019
Should we have tighter controls on money supply?

Should we have tighter controls on money supply?

Regular listeners will know that most money in circulation is created, bot by central banks, but by commercial banks when they issue loans. In this week’s podcast Phil Dobbie asks Steve Keen how fund…
00:40:45  |   Mon 09 Sep 2019
Preparing for an entrepreneurial Britain

Preparing for an entrepreneurial Britain

Britain gave us the steam engine and so many other inventions. But what has it done lately. Not a lot. Is it because we have beenhamstrung by Brussels, and we'll be free to goback to those halycon…
00:35:20  |   Mon 02 Sep 2019
Are we on the verge of a global recession?

Are we on the verge of a global recession?

The markets are concerned that we are on the verge of a global recession. How do they know? Not from reading tea-leaves but by studying yield curves. An inverted yield curve has signalled every reces…
00:37:51  |   Tue 27 Aug 2019
What went wrong at Bretton Woods. Time for another meeting?

What went wrong at Bretton Woods. Time for another meeting?

A little over 75 years ago World powers signed the Bretton Woods agreement, that saw the US dollar as the planet’s reserve currency, tied to reserves of Gold. In this week’s podcast Phil Dobbie talks…
00:34:36  |   Mon 19 Aug 2019
An economic model that includes energy

An economic model that includes energy

Economics is still built around the age-old factors of production – land, labour, capital and, perhaps, entrepreneurship. Yet, you can’t run machines without power and you can’t expect workers to fun…
00:43:45  |   Mon 12 Aug 2019
Freeports – right for now or a spin on an outdated idea?

Freeports – right for now or a spin on an outdated idea?

Boris Johnson wants to introduce free ports in the UK. International trade secretary Liz Truss has said the 10 ports would create thousands of jobs. So, will these new tariff free zones, where goods …
00:29:41  |   Mon 05 Aug 2019
Has Monetary Policy Had Its Day?

Has Monetary Policy Had Its Day?

As the US Federal Reserve prepares to cut rates today, and the European Central Bank grapples with the how to boost growth without pushing interest rates into negative territory, Phil Dobbie asks Pro…
00:35:45  |   Wed 31 Jul 2019
The future’s solar, finance is the problem

The future’s solar, finance is the problem

In a recent Debunking Economics podcast Steve Bannister explained his climate modelling and how existing energy technologies won’t scale enough to save the planet. Omar Cheema, managing director of V…
00:57:23  |   Wed 24 Jul 2019
Good debt, bad debt

Good debt, bad debt

Is debt good or bad? Or does it depend on the type of debt? One of our listeners, Roy Langston, wrote in to ask why Steve Keen is in favour of bank created debt. Shouldn’t investment be funded by oth…
00:39:28  |   Mon 15 Jul 2019
Is there a better way of funding retirement?

Is there a better way of funding retirement?

Just after WW2 the UK government’s spending on pensions in the UK amounted to about 2 percent of GDP – these days its nearer 8 percent. Despite this, over the years we’ve seen an increasing number of…
00:23:48  |   Mon 08 Jul 2019
Could a land tax replace income tax?

Could a land tax replace income tax?

As the UK Labour party grapples with ways to reduce the advantage of inherited wealth, so we all start life on an equal footing, Phil Dobbie talks to Prof Steve Keen about the idea of a land tax. Cou…
00:33:31  |   Wed 03 Jul 2019
Facebook’s Libra Could Be Really Good News

Facebook’s Libra Could Be Really Good News

Most press coverage of Facebook’s announcement of a new global currency by 2020 has been negative. Facebook already knows so much about us, can we trust them with our money? But they seem to have mis…
00:34:22  |   Mon 24 Jun 2019
Is the EU anti-growth?

Is the EU anti-growth?

The EU is struggling right now. The Bundesbank has downgraded its 21019 GDP forecast from 1.6% down to 0.6%. The Italian government is being threatened for breaching the EU’s spending rules. Yellow v…
00:31:01  |   Mon 17 Jun 2019
Steve Bannister Pours Cold Fusion on Climate Deniers

Steve Bannister Pours Cold Fusion on Climate Deniers

Steve Bannister, from the University of Utah, is special guest on this week’s Debunking Economics podcast. He talks to Phil Dobbie about his approach to climate change modelling, based on GDP growth,…
00:47:51  |   Sun 09 Jun 2019
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