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
Steve Keen – Railroaded: Bring Back Thatcher and Reagan
The irony is that Germany with the Greens in government want to privatise the state railway. The real problems began with the previous attempt to privatise it in 2008 under Merkel, another disaster that everyone […]
Geopolitics
Ilan Pappé, Aaron Bastani – How Israel Became A Fascist State
20 April 2025
Inequality
Catherine Liu, Chris Hedges – Virtue Hoarders and the Rejection of Liberalism
12 February 2025 The material needs of working class people in America continue to be obscured and co-opted by politicians and people claiming to know what’s best on both sides of the political aisle. While […]
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