Steve covers why the Neoclassical model of banking known as “Loanable Funds” is a dangerously misleading caricature of actual banking, why credit has a crucial role in macroeconomics, and why savings is a sensible activity for individuals but has a destructive impact on aggregate demand.
Economics
Renegade Inc: Josh Ryan-Collins, Laurie Mcfarlane – Bailing Out or Bankrupting Britain?
Boris Johnson said that this was going to be a brilliant year for the UK. But not only has the Treasury had to indiscriminately bail out many UK businesses but the governor of the Bank […]
Economics
Richard D. Wolff – The Real Drivers of Inflation
Is it Covid? Is it China? Is it supply chain disruption? Is it consumerism gone mad?
National Politics
Craig Murray – Truth and Ukraine
A brilliant talk: Facts and arguments which have had no discernible place in the public discourse on Ukraine on any “side” and were new to most people there.
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