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
Robert Schiller – Phishing for Phools: the economics of manipulation and deception
Robert Schiller on his most recent book.
Economics
J. D. Alt – The Millennials’ Money
The video is by an architect, J . D. Alt, who asked why the world could not afford to build the vision he had for it, and realised that the only obstacle was lack of […]
EU politics
Tax Justice Network – Taxcast for August
In the August 2018 Tax Justice Network monthly podcast/radio show, the Taxcast: Why are so many Bermudians leaving their beautiful island? And why have inequality levels become so extreme despite it’s huge offshore services centre? […]
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