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.
Climate Crisis
Renegade Inc – Steve Keen: A Manifesto
After spending so much of his academic career systematically disproving the many myths peddled by mainstream economists, Professor Steve Keen has written a manifesto. You can read our review of Steve’s new book The New […]
Economics
Michael Hudson: Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class
The One Percent have found a pressing need for the services of mainstream economists Read here
Deregulation
Steve Keen, Phil Dobbie – Is it time to revert to more state ownership?
It’s a question being asked more and more. How many of the things that we privatised should be brought back under state control, as energy companies record massive profits, yet those on low incomes are […]
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