August 23, 2017

59. Will cheaper energy drive growth?(preview)

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In previous podcasts Professor Steve Keen has said the availability of energy is the key driver of growth. It fuelled the industrial revolution and inhibits growth in societies without sufficient access to it. In this podcast Phil Dobbie asks whether that justifies President Trump’s approach to energy policy – to make it cheaper, local and more readily available, with less controls on its production. Will lower cost fuel make America more productive?

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