Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how i
We rely on GDP to measure the wealth of a country and it’s rate of growth, but is it the most meanin
The Austrian School of Economics has been around since the 1870s, when Carl Menger wrote the Princip
President Trump is convinced that the high corporate tax rate in the US is damaging the prospects fo
We often hear arguments that releasing land to foreign ownership is “selling the farm”. Similarly, f
Professor Steve Keen has often spoken of the need for a debt jubilee. If households can write off th
The UK government announced an industrial strategy this week to tackle the problem of weak productiv
The UK’s Chancellor of the Exchequer has a plan to make housing in the UK more affordable. Sadly, it
In her book ‘Capitalism’s Toxic Assumption’ Eve Poole suggests competition can other be more destruc
Ever considered that the reason nobody has come up with an answer to how the EU border with Northern
Currencies fluctuate so much that there’s a lot of money being made betting on their movements. But
There are two drivers for capitalism – the desire to consume and the desire to accumulate. Whilst th
Has the Bank of England lost the plot? They have lifted interest rates as though the economy was boo
Dynamic, stochastic general equilibrium (DSGE) models are used by monetary policy analysts the world
It seems common sense that we should keep a handle on the amount of money in circulation. Central ba
Can centralised monetary policy work in federated states? The grand plan for the EU was to create a
At their party conference last week the Tories were united on one thing – a Corbyn government would
Earlier this year President Trump was complaining that China was guilty of currency manipulation. Ch
UK inflation is now at 2.9% - the highest it’s been in five years – and well above the 2% target tha
The US Federal Reserve is getting rid of it, the European Central Bank has talked about it and could
It’s 10 years since the start of the global financial crisis, when the UK saw a run on the Northern