University of Texas economist James K. Galbraith engages in a wide-ranging discussion of the many ways in which conventional economics has failed us, ranging from how to manage the post-pandemic economy, the role of finance, to the problems of inequality and climate change.
The former British Prime Minister and devout neoliberal, Margaret Thatcher was in favour of mass privatisation but even she claimed that privatising the British Rail system was ‘a privatisation too far’, but this didn’t stop […]
Mainstream economics has come under attack lately. People have begun questioning its understanding of things like inflation, monetary policy, deficits, and how best to get out of a downturn. Steve Keen, an independent renegade economist, […]
“Max quizzes me about the failure of negative interest rates, the promise of a Green New Deal or a Trump infrastructure package, and about Ray Dalio’s failure of capitalism claims. I raised the spectre of […]
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