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
LabourNet TV – Kohei Saito: Climate Crisis and Ecosocialism
Watch HERE “We need to really challenge global capitalism as a world system.” (from the video) Renowned Marxist theorist and author of the best-selling book ‘Capital in the Anthropocene’, Kohei Saito discusses the three responses […]
Climate Crisis
Mark Blyth and Carrie Nordlund – X Marks the Spot
Mark Blyth, political economist at Brown’s Watson Institute, and Carrie Nordlund, political scientist and associate director of Brown’s Master of Public Affairs program, share their take on the week’s news. Today’s topics include Hurricane Florence […]
Economics
The MMT Podcast – Sam Levey: How Uncle Sam Paid For World War II (part 1)
Scholar and research fellow at the Global Institute For Sustainable Prosperity Sam Levey talks to Patricia and Christian about his recent working paper: “Modern Money and the War Treasury”. Listen here
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