Something strange happened in late April: the price of oil went negative. This below-zero price tag didn’t last long, but it remains unusually cheap. And thanks to the coronavirus, it will likely stay that way for a while. In this episode Mark talks with Watson Associate Professor Jeff Colgan, an expert on the oil industry and the geopolitics that define it. They get into oil’s current price fluctuations, how it’s related to the coronavirus pandemic, and how changes to this singular commodity will affect industries and countries in a post-pandemic world.
Economics
David Harvey – Collective Form of Action
David Harvey is the foremost Marxist thinker about political economy and has been teaching Karl Marx’s Capital for over 40 years. He currently teaches at the Graduate Center of the City University of New York. Prof. Harvey has written […]
Geopolitics
Noura Erakat, Chris Hedges – Colonial Law and the Erasure of Palestine
Watch HERE 2 February 2024 Time and time again, the human rights attorney Noura Erakat writes, we see evidence of the law’s assumed insignificance in the dispossession of Palestinians. Great Britain remained committed to establishing […]
Economics
Steve Keen, Phil Dobbie – The Debt Myth
How widespread is the idea that one person’s debt is another person’s credit and therefore has no impact on the economy. What are the implications of this thinking and what changes when the realisation that […]
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