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Debunking Economics - the podcast - Podcast

Debunking Economics - the podcast

 Steve Keen & Phil Dobbie

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

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Money Social Sciences Business Education Science
Update frequency
every 7 days
Average duration
34 minutes
Episodes
471
Years Active
2016 - 2025
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Labour’s Energy Halfway House

Labour’s Energy Halfway House

Labour has romped to victory in the UK and they need to get cracking on all their election promises. One of those is the creation of Great British Energy. Keir Starmer points to the number of foreign…

00:38:29  |   Wed 10 Jul 2024
Paying for our old age

Paying for our old age

In the UK the proportion of the population aged over 65 has grown from 16 percent in 2000 to over 19% today. It’s a similar story throughout the western world as the population ages. That’s seen as a…
00:39:32  |   Wed 03 Jul 2024
Greens Manifesto: An Opportunity Lost

Greens Manifesto: An Opportunity Lost

Carla Denyer and Adrian Ramsay recently launched the Greens Manifesto in the run up to the UK election. Phil and Steve discuss it on this week’s podcast and conclude the one thing that seems to have …
00:39:53  |   Wed 26 Jun 2024
The West’s vote on immigration

The West’s vote on immigration

The UK election debate changed tune when Nigel Farage agreed to stand for Reform, promising to cut migration and rid the UK of all the problems these nasty foreigners are responsible for. Elsewhere t…

00:41:52  |   Wed 19 Jun 2024
Two parties obsessed with government debt

Two parties obsessed with government debt

Imagine if Keir Starmer, the UK Labour leader, had said, let’s not get too obsessed with government debt. If we go down that road we won‘t be able to provide the public services we need, our infrastr…
00:36:01  |   Wed 12 Jun 2024
Rising margins, higher inflation, lower wages. No wonder you feel worse off.

Rising margins, higher inflation, lower wages. No wonder you feel worse off.

There’s been a debate brewing post-pandemic about how much inflation has been elevated by companies increasing their margins. The evidence of that is the increased profits, not just in the tech secto…

00:43:04  |   Wed 05 Jun 2024
Productivity – the election winner that Rishi Sunak failed on

Productivity – the election winner that Rishi Sunak failed on

The UK is heading to the polls on July 4th and the Conservative Party is heading for annihilation. Yet, when it comes to espousing sensible ideas from textbooks, Rishi Sunak had the making of a good …
00:42:34  |   Wed 29 May 2024
Trump's plan. Same old same old, only more so.

Trump's plan. Same old same old, only more so.

Steve is on hols this week, so Phil takes a look back at a couple of Debunking Economics podcasts from just before Donald Trump took office. In many ways he stuck to his promises. He tried to cut imm…

00:29:57  |   Wed 22 May 2024
Should the wealthy get away with less tax?

Should the wealthy get away with less tax?

Should we tax wealth more? The UK’s Shadow Chancellor Rachel Reevs wouldn’t be drawn o the question at an FT forum recently. She said the UK is already a high taxing country. But around the world the…
00:40:43  |   Wed 15 May 2024
UK Labour’s Half-Baked Nationalisation Plans

UK Labour’s Half-Baked Nationalisation Plans

UK Labour leader Keir Starmer has said if he wins the next general election, within 5 years he will have re-nationalised Britain’s railways. Phil asks Steve whether it naturally follows that this wil…

00:44:12  |   Wed 08 May 2024
Cheap news is bad news

Cheap news is bad news

The new industry is struggling to survive, with far reaching consequences on public accountability and democracy. Steve says part of the problem could have been fixed with a suitable micropayments sy…
00:47:51  |   Wed 01 May 2024
Fool’s Gold

Fool’s Gold

There are two types of people who buy gold. Speculators who see it as a risk-adverse asset class to buy when other investments look a little shaky. There are also those who hold onto gold because the…
00:38:34  |   Wed 24 Apr 2024
Will America ever be great again?

Will America ever be great again?

Sadly for Donald Trump, America seems to have been doing quite well in his absence. It has weathered the pandemic and inflation better than most. GDP pr capita is rising faster than most places and c…
00:45:50  |   Wed 17 Apr 2024
Feige’s automated transaction tax – the simple answer?

Feige’s automated transaction tax – the simple answer?

For a while now Dr Edgar Feige has been a proponent of an automated transactional tax. The idea is that we get rid of all taxes – income tax, sales tax, corporate tax, excise, capital gains, import a…
00:41:38  |   Wed 10 Apr 2024
Does immigration slow inflation?

Does immigration slow inflation?

There’s been a lot of speculation lately about the role of immigration and its impact on inflation. Does a flood of foreign workers push down wages, which contains cost and keeps prices down? Convers…

00:40:16  |   Wed 03 Apr 2024
End of the Rising Sun

End of the Rising Sun

The Bank of Japan has just lifted interest rates for the first time in 17 tears. The central bank has kept rates in negative territory in the mistaken belief that it would encourage banks to lend an …
00:39:48  |   Wed 27 Mar 2024
The economics of babysitting

The economics of babysitting

One analogy that economists like to use is that of the Capitol Hill Babysitting cooperative in Washington DC in the 1970s. Government workers set-up a babysitting group, where they to it in turns to …
00:31:30  |   Wed 20 Mar 2024
Hunt’s Budget Fantasyland

Hunt’s Budget Fantasyland

The UK Chancellor Jeremy Hunt delivered what is almost certainly his last budget, promising the usual stuff – more investment, more jobs, better public services and lower taxes. And, miraculously, al…
00:44:59  |   Wed 13 Mar 2024
Selling bonds to punters shrinks the economy

Selling bonds to punters shrinks the economy

The UK Debt Office has started selling bonds to retail investors through the primary market Previously the only way you could buy government bonds was through financial institutions, through ETFs, fo…
00:40:46  |   Wed 06 Mar 2024
Steve Keen, the Musketeer

Steve Keen, the Musketeer

Elon Musk has his fingers in many pies. Social media, space travel, internet access, AI. Even tunnel drilling. He’s grown from developing a modest series of online city guides, to being one of the ri…
00:41:38  |   Wed 28 Feb 2024
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