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.
Related Articles
Wolfgang Streeck – The Future of Capitalism
Podcast about the trajectory of capitalism and democracy, Center for Urban Research and Austerity, January 15, 2018 A talk with Wolfgang Streeck, Professor emeritus of sociology. From 1995 to 2014 he was Director at the Max Planck […]
Ashoka Mody – Euro Tragedy
The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their citizens. See our review of Mody´s book here.
Steve Keen – Tribute to David Graeber
I’ve been asked to contribute to a collective article on the anniversary of David’s death in 2020. Steve Keen is a Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Steve’s Blog […]
Be the first to comment