This is my keynote presentation at the 1st European Modern Monetary conference. I cover the fallacies that mainstream economists believe about money and why they are wrong, how their decision to ignore banks, money, credit and private debt in their macroeconomics depends upon the false “Loanable Funds” model of bank behaviour, and how private debt and credit explain the tendency of capitalism to fall into financial crises.
Climate Crisis
The Taxcast/Jason Hickel – Degrowth: liberation from ‘growthism’
In this episode, Naomi Fowler explores degrowth and how we liberate ourselves from ‘growthism’ with economic anthropologist Jason Hickel. (The full converation will be released soon as a Taxcast Extra, the full conversation is too good to miss!) […]
Geopolitics
David Hearst – The 100-day mark of Israel’s war on Gaza
David Hearst, editor-in-chief of Middle East Eye, provides a critical assessment of the 100-day mark of Israel’s war on Gaza, as casualties persist at an alarming rate, challenging the narrative of a ‘lower intensity’ war […]
Climate Crisis
Politics Theory Other – Jason Hickel on how degrowth will save the world (part two)
Jason Hickel returns to PTO for the second part of a two part interview on his book, Less is More: How Degrowth Will Save the World. We talked about the concept of ‘green growth’, and […]
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