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.
Economics
Ann Pettifor – “Financial capitalism 10 years after Lehman Brothers
This is a talk held by Ann Pettifor on 15 September with the subject “Financial capitalism 10 years after Lehman Brothers (Inciting uprisings against the imperious government of finance capital)”, in Berlin at the Monarch […]
Fake News
Renegade Inc. – Modern day propaganda
Many people have become increasingly skeptical of half-truths in the mainstream media that help to promote foreign policy objectives abroad. When alternative narratives are brought to our attention, the only option for the establishment is […]
EU politics
New Economics Foundation – The rise of the data oligarchs
There are troubling signs that the new data-driven economy is inheriting all the same problems as the old one: power imbalances, monopolies and a lack of accountability. Listen here
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