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’s taken us a few years to tackle the obvious topic for the Debunking Economics podcast, what are the biggest failings of neoclassical economics. Prof Steve Keen tells Phil Dobbie that it starts on page […]
And even more for the ECB as it has negative interest rates. People are worrying that QE will leave the UK exposed to considerable interest costs because something like £800bn is now owed as a […]