Debunking Economics - the podcast

Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.

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Reviews:
Selling the farm
June 18, 202543:07

Selling the farm

There’s an irony that the UK Chancellor Rachel Reeves has imposed an inheritance tax on farmers, whilst a trade agreement with the US could see Britain selling-the-farm on a farm grander scale. Phil argues that some sort of tax on the inheritance of farms makes sense kif its only used as a tax dodge. Jeremy Cl...

AI and the death of work
June 11, 202542:29

AI and the death of work

Bill Gates has predicted that within 10 years we’ll be working a two-day week, thanks to advances in AI. He says it’ll mean a vast rethinking of the workplace. It’s not too dissimilar to Keynes's prediction in the 1930s that wed al be working 15-hour weeks, with more time to enjoy the good things in life....

Insurance, the canary for climate change
June 04, 202540:22

Insurance, the canary for climate change

There are challenges that the insurance industry faces, even though it can look like a licence to print money, Since the Big Bang of the nineties, when deregulation allowed the industry to flourish, insurance now accounts for 2.5% of UK GDP. Not bad money for an industry that is a cost to society, rather than ...

Are we ready for the next pandemic?
May 28, 202542:19

Are we ready for the next pandemic?

The pandemic killed 200 thousand people in the UK. Are we ready for the next time? Experts reckon will be even less prepared should we see another pandemic in the near future. Prof Tom Koch from the University of British Columbia reckons we don’t have long to wait - the next one could strike in the next f...