Companies and governments are racking up massive debts to cope with the impact of COVID-19. Apart from grants for a month or two of partial salaries, the approach has largely been to extend easy short-term […]
In some parts of the world politicians, investors, business leaders and economists are behaving as though the Corona virus is almost eradicated. There are talks of easing up on restrictions, even though it’s only through […]
The free market has completely failed when confronted by the coronavirus. Steve Keen is a Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Steve Keen’s Website Exploring Economics Commenting on the […]
Nugget’s News covers a range of topics with Steve Keen: Why economists ignore banks, debt & money Asset bubbles Financial crisis Limits of a debt based system Why USD as reserve currency must go Central […]
Billions of dollars are being pumped into economies the world over to protect economies from COVID-19. Much of it comes in the form of government fiscal stimulus, funded through bond issuance. Some of it involves […]
Keen believes that during a crisis — climate or pandemic — we need a centralized authority to take over and maintain civilization. We’ve been following the advice of neoclassical economists for about half a century. […]
Everyone is fearful of inflation because this was pounded into their heads by politicians and mainstream media over decades. It is all they know. But as Steve Keen writes, it is all about debt deflation. […]
The coronavirus has been the result of excessive human pressure on the biosphere. But its severity is the result of human greed and ignorance. Steve Keen is Distinguished Research Fellow, Institute for Strategy, Resilience & […]
Italy is getting swamped in corona virus cases, whilst China claims the only new infections now come from visitors from overseas. Donald Trump has gone from calling it a hoax to warning that 200 thousand […]
How did we allow the spread of the Caronavirus happen? Why were governments and health services so unprepared? In this week’s Debunking Economics podcast entrepreneur and venture capitalist Nick Hanauer joins Phil Dobbie and Steve […]
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