This week Phil and Steve dive into the mechanics, ethics, and economic consequences of a Windfall Tax. The discussion starts with the UK’s energy levy on North Sea oil and gas producers, questioning why these taxes are often temporary "clunky" fixes rather than permanent structural policies. They explore the fu...
In this episode of the Debunking Economics podcast, Phil and Steve Keen explore the shifting value of higher education, questioning whether the move toward commercialization and high student debt is fundamentally undermining the learning experience. Steve reflects on the decay of academic standards over the las...
Phil and Steve Keen discuss Steve’s recent experience at the World Forum in Berlin, which he frames as a progressive "antidote" to the World Economic Forum. Their conversation touches on a wide range of global issues, including the conflicted leadership in the Palestinian Authority and Israel, the necessity of ...
This week Phil and Steve dissect Elon Musk’s futuristic vision of a moneyless society driven by AI and ubiquitous robotics. Drawing parallels to Marxist ideals and ancient "slave" societies (reimagined with robots), they explore the logistical impossibilities of such a world—from the staggering mineral requirem...