Debunking Economics - the podcast

Paul Keating is often sold as the man who modernized Australia - but what if the reforms that made him legendary also helped create the financialized, boom-and-bust economy we live with today? Steve argues the real story is far more unsettling. From the "recession we had to have" to the housing bubble, tariff c...

Hedging, rife in the financial and commercial world, is designed to protect our investments. If prices of our investments go down, or the cost of our business inputs go up, hedging is the insurance that stops things getting too bad. But does it work? Steve argues it doesn’t work when there’s financial crisis - ...

The UK Prime Minister Andy Burnham has said he wants government departments to focus on buying British, The UK state spends roughly £300bn to £400bn a year on public procurement—and currently treats it merely as a bureaucratic exercise to secure the absolute cheapest upfront contract, rather than using it as an...

Unless you are one of the tech bros, it is difficult for anyone to push on with innovative ideas, probably why the world seems reliant on the US for the next big thing. If you not running a Megacap getting money for a new idea is virtually impossible, particularly in the early stages. Even government schemes ar...