Steve covers why the Neoclassical model of banking known as “Loanable Funds” is a dangerously misleading caricature of actual banking, why credit has a crucial role in macroeconomics, and why savings is a sensible activity for individuals but has a destructive impact on aggregate demand.
Economics
Arnaud Bertrand, Pascal Lottaz – Europe’s Century Of Humiliation Has Just Begun
19 February 2025 [Part 1 of 2] The USA and Russia just met for a first preparatory peace meeting in Saudi Arabia and EU leaders are not only angry about this but they are not […]
Austerity
Aufhebunga Bunga: Quinn Slobodian – Order Not Freedom
On the unexpected origins of neoliberalism. Auhebunga Bunga talks to Quinn Slobodian, author of Globalists, about how neo-liberals look back to the Austro-Hungarian Empire and the League of Nations. Why does neoliberalism talk about freedom, […]
Geopolitics
Ilan Pappé – In Gaza now, it’s worse than ethnic cleansing
In this episode of Centre Stage, our guest is Ilan Pappé. He’s an Israeli historian and professor at the University of Exeter. Pappé is known for his outspoken views on the Israeli-Palestinian question – drawing […]
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