Phil Dobbie and Steve Keen discuss business cycles. What causes them and how can we reduce their impact. As Steve explains, neo-classical economics teaches us that the turns in a cycle are caused by endogenous shocks when, in reality, it is the economies own internal cycle that is the root cause. Listen in to find out why business cycles really occur and what we can do to lessen their impact. Plus, Phil asks, why has the cycle stalled all of a sudden, and is it necessarily a bad thing?
Related Articles

Corruption
Al Jazeera: Cyprus Papers
Just another example of how liberal mediaocracy in the EU functions and what are the real interests of the EU political class.

Climate Crisis
GND Media – “Degrowth does not mean poverty for the working class” Interview with Jason Hickel
July 5, 2023
Mathew D. Rose
Climate Crisis, Economics, Finance, Green New Deal, Inequality, Sustainability, The Commons
0
Listen HERE We’ve always said that environmentalism needs to understand class if it wants to protect the world from climate catastrophe. Degrowth has been accused by some on the Left as green austerity, or just […]

Aviation
Julia Steinberger – Living well within planetary limits: is it possible? And what will it take?
December 2, 2021
Mathew D. Rose
Aviation, Climate Crisis, Economics, Energy, Environment, Finance, Food Production, Globalisation, Green New Deal, Inequality, Sustainability, Transport
0
This is a talk by Julia Steinberger from 24 November 2021 Hier die deutsche Version:
Be the first to comment