The manufacturing numbers from China at the weekend showed how hard the sector was hit by the lock-down in Wuhan and neighbouring districts. In today’s FREE Debunking Economics podcast Prof Steve Keen says the rest of the world needs to prepare for a similar strategy, that will see production dive as workers don’t show up and consumers don’t go shopping. It seems likely that central banks will cut interest rates, but that won’t stop businesses going bankrupt. So what is the correct policy response?
Economics
black & brown – Reclaiming Work: The Cycle Couriers Subverting The Gig Economy
This series of articles concerning the Gig Economy in the EU was made possible thanks to the generous support of the Lipman-Miliband Trust Cycle courier cooperatives are turning technology on the gig economy giants. Film […]
Economics
Renegade Inc: Neoliberalism: An idea swallowing the world
In the aftermath of Davos, we’ve learnt that that gathering is a busted flush… Not least, because billionaires don’t ever bite the hand that feeds them. This hand is an economic ideology called ‘neoliberalism’ – […]
Climate Crisis
Steve Keen, Simon Michaux, Phil Dobbie: The mineral supply crisis that’s rarely talked about
We’ve talked about the climate change crisis on the Debunking Economics podcast, but there’s a broader issue we all face, highlighted in the Club of Rome back in 1972. We are chewing up resources faster […]
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