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HomePhil Dobbie

Phil Dobbie

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Economics

Steve Keen, Phil Dobbie – Immigration. Good or bad?

April 26, 2023 Mathew D. Rose 0

There is nothing more contentious than immigration, it seems. In the UK there’s a swathe of the population that don’t like foreigners very much, unless they are serving them fish and chips in Torremolinos. Others […]

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Economics

Steve Keen, Phil Dobbie – What will all this inflation do to us?

April 16, 2023 Mathew D. Rose 0

Not so long ago the world was worried about deflation, supposedly driven by low-cost imports from China, but also a stagnating economy driven by high levels of private debt. Now central banks are trying their […]

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Economics

Steve Keen, Phil Dobbie: QE and the bond bubble

April 5, 2023 Ben Wray 0

Silicon Valley Bank collapsed last month because there was a run on the bank and they didn’t have the assets to cover their customers deposits. They were trading insolvent, in other words, even though they […]

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Economics

Steve Keen, Phil Dobbie – Who will win the money war between BRICS and the West?

March 24, 2023 Mathew D. Rose 0

If the west decouples itself from China and other autocratic regimes, just as we have done, to an extent with Russia, what does that mean for international trade? What does it mean for international investment […]

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Economics

Steve Keen, Phil Dobbie – SVB collapse shows there’s no safety in government bonds

March 17, 2023 Mathew D. Rose 0

The collapse of Silicon Valley Bank last week can be put down to two things – first a management team that clearly ignored the falling value of the assets they held, and second the fact […]

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Economics

Steve Keen, Phil Dobbie: Are Central Banks heading for a fall?

February 22, 2023 Ben Wray 0

They are pushing up interest rates the world over because monetary theory dictates that this is the way to bring down inflation. But not so long ago those same banks were arguing that inflation was […]

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Economics

Steve Keen, Phil Dobbie: What’s the right wage?

February 17, 2023 Bob Schulze 0

The UK is gripped by strikes right now, but they are not the only ones. All over the world public and private sector workers are taking action as their salaries fail to keep up with […]

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Economics

Steve Keen, Phil Dobbie: Return of the Cluster Truss

February 8, 2023 Ben Wray 0

Keen and Phil Dobbie’s latest ‘Debunking Economics’ podcast: “Over the weekend Liz Truss was singing her own praises, with a front-page article in the UK’s Sunday Telegraph. She is known, of course, for being the […]

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Economics

Steve Keen, Phil Dobbie – How does liquidity impact the economy?

February 2, 2023 Mathew D. Rose 0

For most of us liquidity is an easy concept to understand. Have we got enough cash to pay our bills? For small businesses it is a simple case of managing your cashflow and ensuring your […]

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Economics

Steve Keen, Phil Dobbie – Opportunity Cost and MMT

January 22, 2023 Mathew D. Rose 0

Conventional economics is built around the idea of opportunity cost. If there is a limited resource a decision has to be made about how best to use it. How is that principle applied when you […]

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Book Reviews

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Climate Crisis

Ben Wray: The Ministry for the Future – book review

September 25, 2023 0

Kim Stanley Robinson’s acclaimed climate novel (2020, Orbit Books) has been praised far and wide, from Andreas Malm to Barack Obama. Robinson tells a gripping story about what our near future may look like, underpinned […]

EU politics

Eurowhiteness: Culture, Empire and Race in the European Project by Hans Kundnani

September 23, 2023 0

Book Review by Peter Ramsay Liberals and leftists were quick to denounce the vote to leave the EU as an expression of racist nationalism. It was a lazy slander for which there was little evidence […]

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