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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Sovereign Money and 100% money, explained
January 14, 202640:16

Sovereign Money and 100% money, explained

In this episode of Debunking Economics, Phil Dobbie and Professor Steve Keen dive into the thorny world of “sovereign money” and “100% money” — two reform proposals that aim to radically reshape how modern banking works. Prompted by a listener email, the conversation unpacks why today’s system of bank‑created m...

The complete guide to the bond market
January 07, 202652:02

The complete guide to the bond market

In this episode, Phil and Steve take listeners on a guided tour through the mechanics of government bond markets — stripping away the myths, misunderstandings and textbook clichés that usually cloud the topic. Starting from a listener question, they explore why governments issue bonds in the first place, how de...

The dubious role of interest rates
December 31, 202544:14

The dubious role of interest rates

In this episode of Debunking Economics , Phil Dobbie and Professor Steve Keen tackle the global obsession with interest rates. From Australia’s Reserve Bank to the UK’s faltering economy, they explore how central banks use rate changes as a blunt tool to manage inflation and growth. Phil highlights the real‑wor...

Trouble on the water front
December 24, 202543:50

Trouble on the water front

In this week’s Debunking Economics podcast, Phil Dobbie and Prof. Steve Keen dive into the global water crisis under the banner “Trouble on the Waterfront.” They explore the paradox of Earth’s abundant water supply versus the tiny fraction that is actually accessible, highlighting UN figures that show billions ...