Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global financial crisis. If you were to have a debt jubilee, how would you do it. Steve and Michael have different ideas about how it should be implemented. They explain their thinking to Phil Dobbie on this week’s free edition of the Debunking Economics podcast.
Climate Crisis
Renegade Inc: 2019 – A Renegade View
As we look forward – with some trepidation – to how events will unfold in 2019, we have invited some friends of the show into the studio to discuss what shocked them in 2018 and […]
Economics
Radhika Desai, Michael Hudson – High Finance & Investment Colonialism
“Imperialism: How the struggle of both classes and nations creates our world” Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor […]
Economics
Progressive Economy Forum: “Where will the money come from?” with Ann Pettifor
Progressives are often accused of believing in the “magic money tree” whenever they call for, say, more investment in public services. In this episode Ann Pettifor, expert on the monetary system and international financial architecture, […]
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