Professor Mark Blyth and Professor Adam Tooze explore how coronavirus is laying bare the hidden risks embedded within our financial systems and how central banks worldwide are scrambling to paper over those chasms of danger. To them, it seems that the Federal Reserve has rewritten its remit, and they discuss how rather than try and keep prices stable or keep unemployment low, the sole focus of the Fed right now seems to be supporting asset prices at any cost, even if that means bailing out leveraged entities who took on too much risk. They also discuss Europe and how this crisis is heightening the contradictions within the Eurozone and pushing the European banking system to the brink. Filmed on April 22, 2020.
Austerity
The MMT Podcast: Steve Keen – Coronavirus vs The World
Christian and Patricia talk to award-winning economist and author Professor Steve Keen about the global response to the coronavirus pandemic and the multiple ways in which mainstream economic thinking continues to prove itself dangerously inadequate […]
Economics
Labour Heartlands – Larry Elliot: How the EU has failed British voters and why it and neoliberalism hasn’t been good for working people.
Since we stopped linking to the Guardian, there is no one we have missed more than Larry Elliot. He is one of the best informed critics of the EU.
Economics
Steve Keen, Phil Dobbie – Vaccination is a global pursuit
The UK chose to respond to a global pandemic by reducing the amount of money given in foreign aid. Yet COVID-19 is attacking every country in the world. So is climate change. And there will […]
Be the first to comment