Central banks have cut interest rates, some governments have introduced stimulus measures. But still the disease spreads and livelihoods are put at risk. In today’s extra (free) edition of the Debunking Economics podcast Prof Steve Keen argues that stimulus measures are nowhere near enough, and serious sums of helicopter money need to be added to everyone’s bank account. He has been arguing for some time that there’s a need for a debt jubilee to get the economy moving, and now might be the time to do it, starting with the issuance of zero interest debt jubilees and personal bank deposits to cover mortgages and other outstanding commitments.
Economics
Macro N Cheese – Ndongo Samba Sylla: Africa’s Quest for Economic Liberation
Ndongo Samba Sylla tells us of the challenges facing Africa through the story of Thomas Sankara and breaks down what Sankara meant when he told the people to “live as African.” Ndongo suggests that the […]
Economics
Richard Murphy – The economy after coronavirus
The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in […]
National Politics
Patricio Guzmán – Mi País Imaginario (with English subtitles)
“My Imaginary Country” (2022) Protests that exploded onto the streets of Chile’s capital of Santiago in 2019 as the population demanded more democracy and social equality around education, healthcare and job opportunities. In Spanish with […]
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