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
Branko Milanović – If Capitalism Is Our Future, What Will It Look Like?
Starts somewhat later, but there is no way to fast forward Capitalism works, says economist Branko Milanovic, but it comes with a price. We look at new models of capitalism that can break the cycles […]
EU politics
Bill Mitchell: Reclaiming the State presentation
Bill Mitchell presents his new book written with Thomas Fazi Reclaiming the State View here
Climate Crisis
George Monbiot – Extinction Rebellion?
On #NovaraFM, James Butler is joined by Guardian columnist, writer and environmental campaigner George Monbiot to discuss the launch of Extinction Rebellion. What can be done about climate change? Does technology have the answers? Are […]
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