Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global financial crisis. If you were to have a debt jubilee, how would you do it. Steve and Michael have different ideas about how it should be implemented. They explain their thinking to Phil Dobbie on this week’s free edition of the Debunking Economics podcast.
Economics
Steve Keen – Talk with Positive Money
This was a fairly “a la carte” presentation of why bank creation of money matters as part of a Positive Money talk at the Hackney Downs Studios on March 14 2018. Steve started with how […]
EU politics
Euro Intelligence – On the German-Russia Dilemma
How Macron and Merkel are moving in different directions – on Nord Stream 2 and pandemic policies. We also talk about bitcoin, and dissect Lagarde’s claim that it isn’t real money Listen here
Climate Crisis
Macro N Cheese – Jason Hickel: When Less is More
Listen here Steve’s guest, Dr. Jason Hickel, is an economic anthropologist whose research focuses on global inequality, political economy, post-development, and ecological economics. After listening to this episode, “degrowth” will become part of your vocabulary. For MMTers, it is a natural […]
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