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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- Update frequency
- every 7 days
- Average duration
- 34 minutes
- Episodes
- 472
- Years Active
- 2016 - 2025
Capital gains tax – a failed experiment in growth
There’s a theory, in many conventional government and economic circles, that lowering capital gains tax will increase investment. By taxing capital gains at less than income tax it encourages risk ta…
00:26:03 |
Mon 07 Jan 2019
Productivity through growth – why it makes sense to run the economy hot
Back in the forties Dutch economist Petrus Johannes Verdoorn argued that people became more productive when the economy was booming. Conversely, austerity hinders productivity. In this edition of the…
00:34:34 |
Mon 31 Dec 2018
Where do you draw the line on migration?
Theresa May has been busy setting rules on UK migration after Brexit. Freedom of movement was, of course, one of the contentious issues that led to Brexit in the first place. In this week’s Debunking…
00:25:22 |
Mon 24 Dec 2018
The Future of Banks
Fintech companies are all chomping at the bit to take market share away from banks. Right now they’re making inroads on services like currency transfers, but will they ever extend to offering full se…
00:38:52 |
Tue 18 Dec 2018
Will banks ever behave?
Banks were bailed out during the financial crisis in 2008. In the US the Treasury bought billions in mortgage backed securities. In the UK half a trillion pounds was allocated to a bank rescue packag…
00:25:33 |
Tue 18 Dec 2018
Who’s next for a debt crisis?
House prices have started to fall in Australia. In Sydney they’ve fallen 10 percent in a year – Steve Keen isn’t alone in predicting they’ll fall as much again, at least. He tells Phil Dobbie that we…
00:51:06 |
Wed 05 Dec 2018
Living in a post growth economy
One for our listeners, Pieter Verhoeven, suggested we look at steady state economics and the post-growth economy.
Can society continue to prosper without the need, or ability, for economic growth. Sin…
00:27:06 |
Thu 29 Nov 2018
Can Central Banks Save Us from Climate Change?
According to NASA ninety-seven percent of climate scientists believe that climate change is the result of human activities. Only one US President doesn’t agree, denying that climate change even exist…
00:35:02 |
Fri 23 Nov 2018
How is privatisation working out for you?
In the UK we’ve privatised the railways, coach companies, the banks, power, airports, Royal Mail, water, BNT, car companies – there’s not much left to sell. But how are these privatised companies wor…
00:34:03 |
Wed 14 Nov 2018
Taxing the multinationals
Multinationals have an uncanny ability to avoid tax. In this edition, Phil Dobbie and Steve Keen talk about how big corporates use transfer pricing to pay the least tax possible, and attempts to try …
00:32:39 |
Fri 09 Nov 2018
Will China survive the trade war?
President Trump looks set to step up the tariff battle against China as he embarks on the fruitless task of eradicating their $380 billion trade deficit. With no peace talks on the horizon its very l…
00:34:46 |
Wed 31 Oct 2018
Sharing in the spoils of your hard work
John McDonnell has proposed that all companies over a certain size would be required to transfer equity into an inclusive ownership fund, which would issue shares to people working for that company. …
00:26:58 |
Sun 28 Oct 2018
Could the Euro be the world’s reserve currency?
A few weeks back Jean Claude Juncker suggested that the Euro should be established as a reserve currency to challenge the reliance on the US dollar. In this podcast, Phil Dobbie asks Prof Steve Keen …
00:31:09 |
Sat 20 Oct 2018
Announcing the Nobble Prize in Economics
Today William D Nordhaus and Paul Romer were announced as joint winners of the Noble Prize for Economic Science. Yes, science! Neither would qualify for the profession's newest award, to be launched …
00:33:03 |
Wed 10 Oct 2018
The inefficiency of inequality
It’s often argued, by politicians and business owners, that higher wages cut into company profits, which is bad for the economy. Yet, lower wages cuts spending, and that’s worse for the economy. In t…
00:33:35 |
Fri 05 Oct 2018
Labour mobility – do we need more or less?
One of the reasons people voted for Brexit was to “take control of our borders”. Around the world, western leaders are echoing a similar message. It seems migrants are viewed more as a drain on resou…
00:25:32 |
Tue 18 Sep 2018
Are the Kiwis right to ban foreign home buyers?
A new law in New Zealand prevents foreign buyers from acquiring homes in there. It’s a response to rising house prices which, the government claims, is being driven by New Zealanders being outbid by …
00:34:35 |
Mon 17 Sep 2018
Does a flattening yield curve mean a US recession is on the way?
The spread of yield between short and long term US Treasuries is narrowing. It could even invert, meaning the yield is higher on short term Treasuries than long dated ones. This is precisely what hap…
00:30:23 |
Tue 11 Sep 2018
The hypotheticals of Robinson Crusoenomics
Robinson Crusoe lives on a desert island with Man Friday. There’s no need for money. But then Woman Saturday comes along, selling goods that both men want to acquire, and they devise the concept of m…
00:33:54 |
Thu 30 Aug 2018
Trump – good or bad for America?
He is running the only country in the G7 to see economic growth accelerate right now. His followers support him however much mud is slung his way. World leaders seem to be know towing to his demands …
00:30:31 |
Thu 23 Aug 2018
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