Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how i
The Tragedy of the Commons is a concept developed by William Forster Lloyd one hundred and fifty yea
Central bankers and economists have often used the Phillips curve to determine the path of inflation
Stagflation is that worrying combination of rises prices in a stagnant economy. Central banks believ
BP made $12.8 billion profit last year, $4.1 billion on that in the fourth quarter. In the first thr
The supply chain disruption from COVID, and the imperialist ambitions of Vladimir Putin have demonst
Property expert Russell Quirk maintains that housing will always be a good investment and prices wil
The UK the Chancellor’s wife Akshata Murty was in the news a couple of weeks ago when it was reveale
Economists like to think that there’s an equilibrium that the economy is either briefly moving away
The inflation genie is out of the bottle. Can we get it back in there before it does too much damage
Energy prices are going through the roof. They were before Ukraine erupted, but with Russia the worl
The EU has talked about issuing new bonds to protect its eastern borders against Russia and to prepa
The war in Ukraine looks set to continue for a long time. A 90 minute high-level meeting between the
Most people agree that Rishi Sunak is crazy to introduce new taxes on the British public when inflat
It seems Putin will not be satisfied until he has a puppet leader installed in Ukraine to replace wh
A society riddled with debt is a society that is reluctant or unable to spend. A lot of that debt ha
Last year Andrew Bailey, the Bank of England Governor, spoke optimistically about how the UK economy
House prices in Australia continue to rise. According to Domain’s House Price Index, prices in Sydne
Central banks control the interest rate through the decisions of their various monetary committees.
One of the surprises as we emerge from the worst of COVID (hopefully) is what’s being call
Even the most ardent supporters of small government will agree there are times when governments need
