Every US president since Ronald Reagan has been telling the same myth: Tax gifts for the rich will trickle down to the rest of society. And society has has believed them. But trickle down has not worked and will never work. Robert Reich explains why in three minutes.
It was the enlightened economist, Joan Robinson who said the purpose of studying economics is not to acquire a set of ready made answers to economic questions, but to learn how to avoid being deceived […]
Dr Steven Hail explains the terminology and the mechanics of government bond issuance to Christian. Listen here
Steve Keen’s newest frontal attack on neo-classical economics. You can follow Steve at his blog PATREON