His answer to Great depression was that we should spend our way out. But now we have rampant inflation because people are spending too much. What would Keynes do now if he was presented with the challenge of trying to prevent the world from going into a global recession whilst also getting inflation under control? Steve and Phil look at the ideas of Keynes and ask would any of them help us in the situation we now find ourselves in.
Yanis Varoufakis’s take on why Amazon and other companies in Seattle are refusing to pay a “head tax” on their employees to finance housing for the poor and the consequences of such policies. Listen here
The only explanations for why Central Banks have not bought government bonds directly, and instead through the secondary market, are not based on logic or experience. Steve Keen is a Distinguished Research Fellow, Institute for […]
Some people think universal basic income is a utopian impossibility. Others think it’s dangerous. So there’s a proposal for another solution: universal basic services. Instead of giving people money, why not guarantee all of the […]
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