Debunking Economics - the podcast  Por  arte de portada

Debunking Economics - the podcast

De: Steve Keen & Phil Dobbie
  • Resumen

  • 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 2016 . All rights reserved.
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Episodios
  • Labour’s Energy Halfway House
    Jul 10 2024

    Labour has romped to victory in the UK and they need to get cracking on all their election promises. One of those is the creation of Great British Energy. Keir Starmer points to the number of foreign interests owning energy generation in the UK. But, as Phil highlights this week, foreign companies are also heavily invested in energy distribution and retailing. The National Grid is suffering from a lack of investment. Doesn’t that also need to be brought into public hands. And what about all the energy retailers who dd nothing to the picture apart from extra marketing costs, confusing plans and the risk of collapse.


    Phil asks Steve whether, if you add all of this together, isn’t there a strong case to put the entire energy delivery chain into public hands, from creation to delivery. But that’s not what Keir Starmer is planning., even though its accepted wisdom in most parts of the world.


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

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    38 m
  • Paying for our old age
    Jul 3 2024
    In the UK the proportion of the population aged over 65 has grown from 16 percent in 2000 to over 19% today. It’s a similar story throughout the western world as the population ages. That’s seen as an enormous liability for governments who will have to pay out pensions to their old folk. Hence the drive to get people to put money into private schemes. In the UK there’s over £2.2 trillion tied up in pension funds, more than AUD$3.4 trillion in Australia. So, what good is that money doing? It will be paid out sometime, but is it helping the economy in the meantime? Steve says it’ll doing a good job in driving up asset prices, but Phil suggests some of it is being invested in productive causes, like property development and private equity funding. The good and bad of private pensions on this week’s podcasts.

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    40 m
  • Greens Manifesto: An Opportunity Lost
    Jun 26 2024
    Carla Denyer and Adrian Ramsay recently launched the Greens Manifesto in the run up to the UK election. Phil and Steve discuss it on this week’s podcast and conclude the one thing that seems to have slipped down the priority list, is all the green stuff. They talk about fixing broken Britain, like every party, and correcting wealth inequality. They also promise that their ideas are fully costed, and can be paid for – for example, by a carbon tax. But they know they will never run government, so why pretend? Why not use their moment in the sun to return the debate to the fundamental issue of climate change. The future of the planet looks pretty sick when even the Greens push it down the agenda.

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

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    40 m

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Economics for not so dummies

You'll probably spend a little time looking up things but this is highly informative

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