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The population clock
Season 1 Episode 438
There are, its estimated, 8.2 billion people on the planet. The UN projects that the world's population will reach 9.7 billion by 2050 and 11.2 billi…
1 year, 7 months ago
When Coincupia starts to allow loans and bank notes
Season 1 Episode 437
Last week Phil introduced us to the island of Coinucopia, where only a limited supply of gold coins could be used to keep the economy functioning. Bu…
1 year, 7 months ago
The cash only economy where economics works
Season 1 Episode 436
This week Phil introduces Steve Keen to the fictional island of Cornucopia. It’s a simple place, where the only trade takes place with gold coins. Ba…
1 year, 7 months ago
Is income disparity essential for growth?
Season 1 Episode 435
Elon Musk has been moaning that he pays too much tax. He wants to keep more of the $14 billion or so that he earns each year. But has he got a point?…
1 year, 7 months ago
What do central banks do?
Season 1 Episode 434
When central banks declare a new interest rate, how does that magic into existence? Steve explains how they trade in bonds, to drive yields close to …
1 year, 8 months ago
Banks, reserves, lending and money supply
Season 1 Episode 433
There’s a common myth around banks. That banks are the intermediaries who collect deposits from customers, keep a bit in reserve, then lend out the r…
1 year, 8 months ago
Government debt, bonds and money supply
Season 1 Episode 432
Does government debt expand the supply of money? According to Modern Monetary theory, yes it does. It’s all down to simple double-entry book-keeping …
1 year, 8 months ago
Can Europe be Draghi-ed out of stagnation?
Season 1 Episode 431
You’ll know the name Mario Draghi. He was the President of the European Central Bank and, for a short while, Prime Minister of Italy. Earlier this ye…
1 year, 8 months ago
Tariffic Trump
Season 1 Episode 430
At least half of America is elated with its new choice of President. Money is already flowing into the country, with early gains on the NYSE and the…
1 year, 9 months ago
Milking inheritance
Season 1 Episode 429
The UK Labour party seems top have scored another own goal, with their inheritance tax on family farms. Previously farms were exe pt from inheritance…
1 year, 9 months ago