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.
Climate Crisis
The Dig: Daniela Gabor and Ndongo Samba Sylla on how financial power has shaped the global economic order from colonialism through Bretton Woods, the Washington Consensus, and today’s Wall Street Consensus.
Explains how our global economic systems link up with the political ones, from the IMF’s structural adjustment to “public-private partnerships” Listen Here
Austerity
The MMT Podcast – Richard Murphy: The Treasury Is Choosing Death
Patricia and Christian talk to Professor Richard Murphy about monetary operations, tax justice, and the UK government’s standoff with the NHS regarding finances. Listen here
Economics
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