Central banks have cut interest rates, some governments have introduced stimulus measures. But still the disease spreads and livelihoods are put at risk. In today’s extra (free) edition of the Debunking Economics podcast Prof Steve Keen argues that stimulus measures are nowhere near enough, and serious sums of helicopter money need to be added to everyone’s bank account. He has been arguing for some time that there’s a need for a debt jubilee to get the economy moving, and now might be the time to do it, starting with the issuance of zero interest debt jubilees and personal bank deposits to cover mortgages and other outstanding commitments.
The rise of China and other emerging economies isn’t a new phenomenon, nor is the rhetoric around the sun setting on the US Empire. But is this analysis of a new world order too simplistic? […]
Robin McAlpine’s talk in our series “Economic beyond the Swabian hausfrau” from 9 November 2021 You can’t save the world if you don’t do the work. A Green New Deal is at heart a large […]
Not only did the little community of Wolfhagen in Germany take over its electricity grid from the multi-national E.ON, but in the meantime has gone over to renewable energy. All of this in the hands […]