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Is Modern Monetary Theory too closed for open economies
Season 1 Episode 140
Modern Monetary Theory supports the idea that governments, rather than creating debt, can create as much money as they see fit to invest in the econo…
7 years, 5 months ago
Were Austrian economists wrong to have purpose?
Season 1 Episode 139
The Austrian School of Economics has been around since the 1870s but was given a new lease of life in the 1970s by Frederich Hayek. In this week’s po…
7 years, 5 months ago
Nordhaus’ Climate Model Debunked
Season 1 Episode 138
Nobel prize winning economist William Nordhaus has modelled how climate change will impact the economy. Steve reckons its part of the reason we don'…
7 years, 6 months ago
Fact-checking Freidman
Season 1 Episode 137
Milton Friedman influenced a generation of politicians, turning them from Keynesian economics to a more free-market way of doing things. Margaret Tha…
7 years, 6 months ago
What’s a country’s optimum population size?
Season 1 Episode 136
The world’s population is growing – and we seem to be feeling it a bit in almost every part of the world – some more than most. But could the populat…
7 years, 6 months ago
Were mum and dad right about saving?
Season 1 Episode 135
Did your mum and dad teach you to save money rather than borrow? It was better to have cash than be in debt. Yet the whole approach to money has turn…
7 years, 6 months ago
Running knowledge economies using production-based theories
Season 1 Episode 134
Are we trying to apply theory developed for production-based economies, on economies driven by knowledge? It’s worse than that, Steve Keen tells Phil…
7 years, 7 months ago
Is the Euro to blame for European disunity?
Season 1 Episode 133
The European economy seems to have found itself in sharp reverse, possibly heading into a continent-wide recession. Italy is already there, Greece ha…
7 years, 7 months ago
Capital gains tax – a failed experiment in growth
Season 1 Episode 132
There’s a theory, in many conventional government and economic circles, that lowering capital gains tax will increase investment. By taxing capital g…
7 years, 7 months ago
Productivity through growth – why it makes sense to run the economy hot
Season 1 Episode 131
Back in the forties Dutch economist Petrus Johannes Verdoorn argued that people became more productive when the economy was booming. Conversely, aust…
7 years, 7 months ago