Governments the world over are spending like crazy to try and steer their economies through the COVID-19 crisis. Whether it’s the fiscal policies of the government or the monetary policies of the central bank, it all still revolves around using money that wasn’t around a few months ago. So how much of what is happening is described by Modern Monetary Theory – and how much more could be done if we accepted that MMT is the way things should really work. And do central banks, or treasurers really understand it? Phil Dobbie asks Prof Steve Keen whether MMT can solve the COVID-19 debt problem?
Economics
Politics Theory Other: Brett Christophers – Rentier Capitalism: Who Owns the Economy, and Who Pays for It?
Brett Christophers joins PTO to talk about his new book, Rentier Capitalism: Who Owns the Economy, and Who Pays for It? We chatted about the extraordinary dominance of monopolistic rent-seeking in the UK economy, why […]
Climate Crisis
Global Institute for Sustainable Prosperity – Green Job Guarantee
Structural changes need to be on a global scale, with nations rich in real resources supporting countries with scarcity. This series combines ecological and monetary insights on our future
Austerity
Steve Keen: When the Swabian hausfrau saves, what does she do to your bank account?
30 January 2019, Steve Keen in Berlin in our series “Economics beyond the Swabian hausfrau”. Begins at 6:30 If you are tired of complaining about how awful state and corporate media is and wish for […]
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