Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how i
The collapse of Silicon Valley Bank last week can be put down to two things – first a management tea
At the end of this week’s mega-long episode of the Debunking Economics Podcast Steve Keen admits he
This week on Debunking Economics Phil and Steve are joined by Richard McGahey, author of a new book
They are pushing up interest rates thew world over because monetary theory dictates that this is the
The UK is gripped by strikes right now, but they are not the only ones. All over the world public an
Over the weekend Liz Truss was singing her own praises, with a front-page article in the UK’s Sunday
For most of us liquidity is an easy concept to understand. Have we got enough cash to pay our bills?
It would be a bold prediction to say that capitalism is on the way out. Nor should it be. It has pro
Conventional economics is built around the idea of opportunity cost. If there is a limited resource
After a disastrous couple of years, can things get any worse in 2023? Steve Keen and Phil Dobbie loo
Most people think economics can be summarised in just two words – supply and demand. Where they cros
This week, another economist that has influenced Steve Keen’s thinking; the Austrian born economist
Bill Phillips, rightly or wrongly, has a lot to answer for, because his work is drawn on by central
We continue our series looking at economists who influenced Steve Keens thinking. This week it’s Ame
Irving Fisher was an American economist whose book The Purchasing Power of Money looked at the relat
How widespread is the idea that one person's debt is another person's credit and therefore has no im
His answer to Great depression was that we should spend our way out. But now we have rampant inflati
During the last big financial crisis there was a lot of talk about the work of Hyman Minsky. Even Ja
In a recent podcast Steve Keen claimed that the law of thermodynamics dictates that we can no longer
Last week on the Debunking Economics podcast Phil and Steve talked about the likely imposition of Au
