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What’s the right wage?
Season 1 Episode 338
The UK is gripped by strikes right now, but they are not the only ones. All over the world public and private sector workers are taking action as the…
3 years, 6 months ago
Return of the Cluster Truss
Season 1 Episode 337
Over the weekend Liz Truss was singing her own praises, with a front-page article in the UK’s Sunday Telegraph. She is known, of course, for being th…
3 years, 6 months ago
How does liquidity impact the economy?
Season 1 Episode 336
For most of us liquidity is an easy concept to understand. Have we got enough cash to pay our bills? For small businesses it is a simple case of mana…
3 years, 6 months ago
An end to capitalism?
Season 1 Episode 335
It would be a bold prediction to say that capitalism is on the way out. Nor should it be. It has provided growth and innovation for the global econom…
3 years, 7 months ago
Opportunity Cost and MMT
Season 1 Episode 334
Conventional economics is built around the idea of opportunity cost. If there is a limited resource a decision has to be made about how best to use i…
3 years, 7 months ago
2023 and all that
Season 1 Episode 333
After a disastrous couple of years, can things get any worse in 2023? Steve Keen and Phil Dobbie look ahead and actually find some positive take-outs…
3 years, 7 months ago
Piero Sraffa and the non-existent supply curve
Season 1 Episode 332
Most people think economics can be summarised in just two words – supply and demand. Where they cross that determines price and as they move the pric…
3 years, 7 months ago
Joseph Schumpeter and creative destruction
Season 1 Episode 331
This week, another economist that has influenced Steve Keen’s thinking; the Austrian born economist Joseph Schumpeter. His economic thinking veers a …
3 years, 7 months ago
Bill Phillips & His Curve
Season 1 Episode 330
Bill Phillips, rightly or wrongly, has a lot to answer for, because his work is drawn on by central banks when trying to determine the likely rate of…
3 years, 8 months ago
Richard Goodwin and non-linear thinking
Season 1 Episode 329
We continue our series looking at economists who influenced Steve Keens thinking. This week it’s American economists Richard Goodwin, who Steve says …
3 years, 8 months ago