Debunking Economics - the podcast
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.
Hosted on Acast. See acast.com/privacy for more information.
- Update frequency
- every 7 days
- Average duration
- 34 minutes
- Episodes
- 472
- Years Active
- 2016 - 2025
US v China. How will it end?
The trade war between the US and China is having massive ramifications on the world economy, but neither side seems to be in a hurry to back down. On today’s Debunking Economics Podcast Phil Dobbie a…
00:33:12 |
Tue 04 Jun 2019
The not so caring sharing economy
The emergence of the gig economy is one downside of the internet, although you could argue that it gives access to jobs that might otherwise be there. But what about collaboration? Phil Dobbie sugges…
00:32:07 |
Mon 27 May 2019
The good news for Australian Labor voters
Scott Morrison, or ScoMo as he is colloquially known, is staying on as Australian Prime minister for the next four years, or until his party oust him, which is becoming a bit of a tradition. But to m…
00:37:05 |
Sun 19 May 2019
Will higher oil prices drive alternative energy investment?
Oil prices are pushing back up to the US$80/barrel mark. If they stay above that level could it drive energy producers to more realistically pursue renewable sources with more vigour. In other words,…
00:37:22 |
Sun 12 May 2019
Why are some countries rich and others poor?
It’s a simple question. Why do some countries, rich is resources, still end up poor? Can we blame it all on dictatorships, corruption and war, or did those regimes occur because of poverty? Why is so…
00:29:34 |
Tue 07 May 2019
UBI and a Debt Jubilee – an economic solution or a reward for sloth?
Is a debt jubilee really the best way of ridding the world of near stagnant growth? Would a reset revitalise the economies of the world? And how do we stop ourselves getting into this situation again…
00:39:04 |
Wed 01 May 2019
Does outsourcing create a problem for local economies?
There’s an argument that outsourcing to cheaper countries overseas creates job losses and disadvantages the local economy. That’s part of the argument Donald Trump is using to negotiate a new trade d…
00:27:45 |
Wed 24 Apr 2019
Why Steve Keen is voting Liberal in the Aussie election
Steve Keen believes the Australian economy is about to tank. If there's a Labor government in charge they will be blamed for the mismanagement of the economy. Better that label is stuck on the Libera…
00:34:49 |
Mon 15 Apr 2019
Fixing housing affordability
House prices are crashing down in Australia, with forecasts for Sydney that they’ll have fallen by 20% from their peak by the end of this year, with the possibility that they will fall much further b…
00:32:44 |
Thu 11 Apr 2019
Getting out of the monopoly rut
In a recent podcast Phil Dobbie suggested that Australia suffers for its relatively small population size, which restricted competition and meant people were paying higher prices. Peter Y, a listener…
00:40:47 |
Thu 04 Apr 2019
Interest rates – have they anywhere to go?
Interest rates have been low in most parts of the world for some time now – in many places they are actually negative. So, what do central banks do next time there’s a global economic downturn which,…
00:31:19 |
Mon 18 Mar 2019
The next big recession – when, where and how
It seems like we’re due another recession. If you include the dot-com bust then we’ve had significant downturns every 78-9 years since the 1970s. So, even though it feels like we haven’t recovered fr…
00:37:16 |
Mon 11 Mar 2019
Is Modern Monetary Theory too closed for open economies
Modern Monetary Theory supports the idea that governments, rather than creating debt, can create as much money as they see fit to invest in the economy and create jobs. Thar works just fine in a clos…
00:30:38 |
Mon 04 Mar 2019
Were Austrian economists wrong to have purpose?
The Austrian School of Economics has been around since the 1870s but was given a new lease of life in the 1970s by Frederich Hayek. In this week’s podcast Phil Dobbie asks Prof Steve Keen about some …
00:33:49 |
Mon 25 Feb 2019
Nordhaus’ Climate Model Debunked
Nobel prize winning economist William Nordhaus has modelled how climate change will impact the economy. Steve reckons its part of the reason we don't take climate change seriously. It vastly underes…
00:24:41 |
Mon 18 Feb 2019
Fact-checking Freidman
Milton Friedman influenced a generation of politicians, turning them from Keynesian economics to a more free-market way of doing things. Margaret Thatcher described him an intellectual freedom fighte…
00:36:40 |
Mon 11 Feb 2019
What’s a country’s optimum population size?
The world’s population is growing – and we seem to be feeling it a bit in almost every part of the world – some more than most. But could the population in some countries, like Australia for example,…
00:29:24 |
Mon 04 Feb 2019
Were mum and dad right about saving?
Did your mum and dad teach you to save money rather than borrow? It was better to have cash than be in debt. Yet the whole approach to money has turned on its head. We don’t save as much as we used t…
00:38:06 |
Tue 29 Jan 2019
Running knowledge economies using production-based theories
Are we trying to apply theory developed for production-based economies, on economies driven by knowledge? It’s worse than that, Steve Keen tells Phil Dobbie. The theories around production were wrong…
00:29:20 |
Mon 21 Jan 2019
Is the Euro to blame for European disunity?
The European economy seems to have found itself in sharp reverse, possibly heading into a continent-wide recession. Italy is already there, Greece has witnessed thousands leaving the country to find …
00:33:58 |
Mon 14 Jan 2019
Disclaimer: The podcast and artwork embedded on this page are the property of Steve Keen & Phil Dobbie. This content is not affiliated with or endorsed by eachpod.com.