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.
Geopolitics
Francesca Albanese – It Is Important to Call a Genocide a Genocide
6 November 2024 It is important to call a genocide a genocide, UN expert Francesca Albanese told the UN Palestinian Rights Committee on 31 October 2024 as she called on all States to examine their […]
Economics
Robert B. Reich – The Big Picture: How We Got Into This Mess, And How Get Out of It
How do you analyse the current political and economic disaster in the Untied States in 6:21 without saying a word? Reich shows how.
Economics
Richard D. Wolff, Glenn Diesen – The Economics of Collapsing Empires – Sanctions and Wars
24 June 2025 Professor Richard Wolff outlines how a collapsing empire can be identified. The predictable path ahead is economic decline, denial, scapegoating, manipulating a disenfranchised public, and senseless foreign wars that will only intensify […]
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