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.
Yanis Varoufakis on the current economic situation in the EU.
The Financial Secrecy index is a politically neutral ranking, the only one available to aid genuine understanding of global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or capital flight.
Steve Keen addresses eight questions about economics today. Perfect for the Christmas break. Steve Keen is a Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Age of Economics 1. Why does […]