Debunking Economics - the podcast - TopPodcast.com

View Top 200 Chart

Back to Rankings Page

Debunking Economics – the podcast — Education
Debunking Economics – the podcast

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

Hosted on Acast. See acast.com/privacy for more information.

Copyright: © Copyright 2016 . All rights reserved.

Latest Episodes:

Can Central Banks Save Us from Climate Change? Nov 23, 2018

Show notes

According to NASA ninety-seven percent of climate scientists believe that climate change is the result of human activities. Only one US President doesn’t agree, denying that climate change even exists. But a group of central bankers met recently to decide whether they had a role to play in fixing the mess we’re making of the planet. In today’s Debunking Economics podcast Phil Dobbie asks Prof Steve Keen whether central banks have contributed to the problem, and how far they’d have to shift their reasoning if they want to turn around and be helpful.

Hosted on Acast. See acast.com/privacy for more information.

How is privatisation working out for you? Nov 14, 2018

Show notes

In the UK we’ve privatised the railways, coach companies, the banks, power, airports, Royal Mail, water, BNT, car companies – there’s not much left to sell. But how are these privatised companies working out for us? Phil Dobbie talks to Prof Steve Keen about the arguments for and against privatisation. Obviously, too much in state hands is also problematic – so where is the happy compromise?

Hosted on Acast. See acast.com/privacy for more information.

Taxing the multinationals Nov 09, 2018

Show notes

Multinationals have an uncanny ability to avoid tax. In this edition, Phil Dobbie and Steve Keen talk about how big corporates use transfer pricing to pay the least tax possible, and attempts to try and get them to pay the right amount. But where should the tax be applied – where products are made or where they are consumed. At the moment, it’s often somewhere in central America. Perhaps moves like the governments Digital Services Tax are a step in the right direction – or should we look at how China approaches the problem?

Hosted on Acast. See acast.com/privacy for more information.

Will China survive the trade war? Oct 31, 2018

Show notes

President Trump looks set to step up the tariff battle against China as he embarks on the fruitless task of eradicating their $380 billion trade deficit. With no peace talks on the horizon its very likely his administration will impose a 25% tariff on all Chinese imports. Meanwhile, we’ve seen the US dollar reach multi-year highs, the Renminbi falling to new lows and the Chinese stock exchange shedding foreign investors by the bucket load. So, can China survive this battle?

Hosted on Acast. See acast.com/privacy for more information.

Sharing in the spoils of your hard work Oct 28, 2018

Show notes

John McDonnell has proposed that all companies over a certain size would be required to transfer equity into an inclusive ownership fund, which would issue shares to people working for that company. So, is this a good idea? Will it make companies more effective, or is it an example of extreme socialism. Steve Keen says its as socialist as Germany.

Hosted on Acast. See acast.com/privacy for more information.

Could the Euro be the world’s reserve currency? Oct 20, 2018

Show notes

A few weeks back Jean Claude Juncker suggested that the Euro should be established as a reserve currency to challenge the reliance on the US dollar. In this podcast, Phil Dobbie asks Prof Steve Keen if there is a realistic chance of that ever happening, and why did the US dollar become the reserve currency in the first place? Given that Steve is not a supporter of the Euro, because its existence distorts the ability of sovereign states within the EU to control their own economies, is there a better alternative that Europe could provide if it wanted to challenge the dominance of the mighty US dollar?

Hosted on Acast. See acast.com/privacy for more information.

Announcing the Nobble Prize in Economics Oct 10, 2018

Show notes

Today William D Nordhaus and Paul Romer were announced as joint winners of the Noble Prize for Economic Science. Yes, science! Neither would qualify for the profession's newest award, to be launched next year, simultaneous to the Noble award ceremony. In this podcast Professor Steve Keen talks to Phil Dobbie about the launch of the ‘Nobble Prize for Economics’ for those with barking mad assumptions that have (or will) pervert the course of economics for some time. Steve suggests Ben Bernanke would be a notable contender as well as, of course, Milton Friedman.

Hosted on Acast. See acast.com/privacy for more information.

The inefficiency of inequality Oct 05, 2018

Show notes

It’s often argued, by politicians and business owners, that higher wages cut into company profits, which is bad for the economy. Yet, lower wages cuts spending, and that’s worse for the economy. In this podcast Phil Dobbie asks how much more productive the economy would be if we saw a smaller difference between low wage earners and the filthy rich.

Hosted on Acast. See acast.com/privacy for more information.

Labour mobility – do we need more or less? Sep 18, 2018

Show notes

One of the reasons people voted for Brexit was to “take control of our borders”. Around the world, western leaders are echoing a similar message. It seems migrants are viewed more as a drain on resources than a boost to the economic output of a country. At the other end of the spectrum, there are some who argue that the world should have complete labour mobility and, if people could live where they wanted, then world GDP would double. Phil Dobbie asks Prof Steve Keen where this the optimum point on the spectrum. Is labour mobility a good thing or a bad thing?

Hosted on Acast. See acast.com/privacy for more information.

Are the Kiwis right to ban foreign home buyers? Sep 17, 2018

Show notes

A new law in New Zealand prevents foreign buyers from acquiring homes in there. It’s a response to rising house prices which, the government claims, is being driven by New Zealanders being outbid by people from overseas. Home ownership in New Zealand is now at its lowest level since 1951. So, will the plan work? Phil Dobbie asks Prof Steve Keen.

Hosted on Acast. See acast.com/privacy for more information.

Related Podcasts