A society riddled with debt is a society that is reluctant or unable to spend. A lot of that debt has now found its way into housing, with mortgages higher than ever. That’s money we’re using to pay off our home loan that we could be spending keeping the economy moving. In short, its slowing the speed at which money circulates. So, how do we fix it? The answer, is get rid of the debt. And Steve Keen has a cunning plan. A monetary reset. How would it work? Phil Dobbie explores the idea in detail with Steve on today’s Debunking Economics podcast.
Climate Crisis
The Sustainability Agenda: Interview with Jason Hickle
This is a wide-ranging and thought-provoking interview, chock full of fresh thinking on sustainability, poverty and inequality, and the impact of the western-led development agenda across the world. Jason paints an eye-opening picture of the […]
Climate Crisis
MMT Conference 2019 – MMT and the Green New Deal (Part 1)
Introduction – Dirk Ehnts (0:49) 2. Fadhel Kaboub (7:58) 3. Maggie Dickinson (23:01)
Austerity
Thomas Herndon – The man who debunked austerity
In 2013 Thomas Herndon shot to fame when he found major errors in a widely cited academic paper by Carmen Reinhart and Kenneth Rogoff which had been used to justify austerity policies in Europe and […]
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