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
Ann Pettifor and Canos Donnay – The left and the EU: the neoliberal conundrum
Ann Pettifor and Sirio Canos Donnay … Reflecting on the polarisation between the right and left which has opened up in European politics since the financial crisis this podcast discusses the neoliberal conundrum: if the […]
Climate Crisis
Steve Keen – Nordhaus is the climate’s worst enemy
There are the deniers who will argue that mankind has no influence on climate, but worse yet, there are economists who argue the impact will be so small the cost of trying to prevent it […]
Economics
Tax Justice Network: Taxcast for April 2020
In the Tax Justice Network’s monthly podcast, the Taxcast: from the ashes of the coronavirus crisis how can we build a better economic and socially just system that works for all of us? The pandemic […]
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