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
Yanis Varoufakis – On the Deep State – an audio essay in seven parts
Is there a Deep State in our western liberal democracies? If so, is it a conspiracy or something more ‘interesting’ than that? These are questions that the Left has been traditionally engaged with, especially when facing […]
Geopolitics
Jeffrey Sachs – Biden Will LOSE 2024 Because of Israel Policy
Economist, public policy analyst, and Columbia professor Jeffery Sachs returns to Bad Faith to weigh in on the prospect of a ceasefire, Biden’s choice to increasingly distance himself rhetorically from Netanyahu, and the shocking settlers […]
Geopolitics
Slavoj Žižek – Speech at the Frankfurt Book Fair
Slavoj Žižek tested the limits of freedom and diversity with the “good” liberal Germans of the Frankfurt book fair on the very material of conflict that currently steals the language of anyone who cannot be […]
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