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.
Corruption
Michael Oswald – Behind Closed Doors
Corruption and financial secrecy have far-reaching implications for both developed and developing countries. This documentary sheds light on the interplay between corrupt elites, offshore havens, and the challenges faced in combating illicit financial flows. It […]
Climate Crisis
Steve Keen: To Save the Climate – Don’t Listen to Mainstream Economists
Economists and politicians in the developed nations keep getting things egregiously wrong: Climate change, COVID, the Global Financial Crisis. Maybe there is something wrong with the economists, politicians, and developed nations. Steve Keen is a […]
Corruption
EU Watchdog Radio – Covid treatment: People’s health v Private Profits
How the EU approached the negotiations with the pharmaceutical companies Cross-posted from Corporate Europe Observatory The EU Watchdog Radio is a podcast produced jointly by Corporate Europe Observatory and Counter Balance. In this episode, Olivier […]
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