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.
Sorry, somehow we fell behind. We shall catch up. They are great talks, even if you are already familiar with Capital. The page numbers Professor Harvey refers to are valid for both the Penguin Classics […]
How can we galvanise renewed political interest in environmental issues to drive bolder action? With Caroline Lucas MP, Leader of the Green Party. Listen here
It’s taken us a few years to tackle the obvious topic for the Debunking Economics podcast, what are the biggest failings of neoclassical economics. Prof Steve Keen tells Phil Dobbie that it starts on page […]