Debunking Economics - the podcast

Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how i

Episodes

Total: 453

Why is it, that whilst there are an increasing number of billionaires on the planet, the rest of us

Why nation states fail?

2025/4/22

The standard excuse for why states fail is the rampant printing of money. That certainly doesn’

In 1944, at Bretton Woods, 44 countries agreed to make the US dollar the world's reserve currency. T

It’s clear that President Trump lied to the American people about his reciprocal tariffs. Many of th

Should we tax the rich?

2025/4/2

It’s often the easy excuse on how to fix the problems of wealth inequality - just tax the rich more.

It’s likely that many countries around the world will face import tariffs in retaliation for imposin

Are we kidding ourselves when we talk about an energy transition? Sure, we are using more renewables

Donald Trump is doing everything he can think off to improve the US economy. Tariffs, cutting govern

In a recent podcast Phil suggested that bringing manufacturing home to America won’t necessarily cre

Donald Trump, as the world’s highest profile climate change denier, has famously said, repeatedly, t

The trade war has begun

2025/2/19

Reciprocal tariffs could be coming to every OECD country if we believe everything Donald Trump says.

The new US Treasury Secretary Scott Bessent recently re-iterated the US desire to remain as the worl

Phil asked Steve a lot last week about how bank create money through the loans they issue. But

Steve and Phil have described the island of Coinucopia in previous editions of the podcast. It start

Rachel Reeves, the UK Chancellor, has fallen into the debt-trap argument. She says she is focused on

The population clock

2025/1/15

There are, its estimated, 8.2 billion people on the planet. The UN projects that the world's po

Last week Phil introduced us to the island of Coinucopia, where only a limited supply of gold coins

This week Phil introduces Steve Keen to the fictional island of Cornucopia. It’s a simple place, whe

Elon Musk has been moaning that he pays too much tax. He wants to keep more of the $14 billion

What do central banks do?

2024/12/18

When central banks declare a new interest rate, how does that magic into existence? Steve explains h