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21. Why Trump Will Fail, Then U-Turn

January 22nd, 2017

Trump’s Presidency created optimism for many – those looking for work and investors who expect his infrastructure program will create untold wealth for the entire population. He reinforced that promise in his inaugural address, talking of new roads and highways and bridges, and the wall of course.

Professor Steve Keen is a big supporter of this plan, but believes it’ll fail for one simple reason. The plan is accompanied by a determination to return the budget to surplus, pulling money out of the US economy and countering any benefits from his infrastructure plans.

He talks to Phil Dobbie about his change in attitude to Trump’s administration – and what he think will happen next, including a recession in 2018.

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20. May’s Got the Wrong Plan For Brexit

January 18th, 2017

Journalist Phil Dobbie and economist Steve Keen agree on lots of things, but fall on either side of the Brexit camp. One believes Britain should have remained to fight EU bureaucracy from the inside, the other suggests the community is fundamentally flawed, along with the concept of free trade, and will collapse soon anyway.

In this FREE podcast Phil questions Steve on whether, irrespective of the ideology, Brexit will inflict a lot of short term hurt on many of those who voted for it. There’s also discussion on Theresa May’s 12 point plan, which both agree seems to ignore the opportunity and focuses on making the mistakes of the European partnership in other parts of the world.

In other words, will Theresa May just make things worse?

To hear more podcasts from Steve and Phil subscribe by picking a plan i nthe right column of the Debunking Economics website (not the mobile app).

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19. Will Trump Be Good for the US Economy?

January 17th, 2017

This week Donald Trump becomes the 45th President of the United States. In this free edition of the Debunking Economics podcast Phil Dobbie asks Professor Steve Keen whether he will be good news for his country, particularly those struggling to find jobs in the rust belt of Middle America. Trump is planning a spending spree to get the country back on track, but who will pay and will it be possible to target projects on those who need the work the most?

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18. Can We Stop Economic Cycles? (Preview)

January 16th, 2017

The economy has always suffered the impacts of boom and bust cycles. Reserve banks and governments try desperately to remove them, hoping for the nirvana as a stable economy. But are they on a hiding to nothing? In this podcast Phil Dobbie asks whether it’s possible to, at the very least, reduce the size of the cycles and the subsequent hurt they inflict.

To listen to the full episode subscribe by choosing a plan in the right column at debunkingeconomics.com

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18. Can We Stop Economic Cycles?

January 16th, 2017

The economy has always suffered the impacts of boom and bust cycles. Reserve banks and governments try desperately to remove them, hoping for the nirvana as a stable economy. But are they on a hiding to nothing? In this podcast Phil Dobbie asks whether it’s possible to, at the very least, reduce the size of the cycles and the subsequent hurt they inflict.

17. Did Keynes have a better plan for exchange rates? (preview)

January 10th, 2017

Economies are susceptible to the vagaries of international exchange rates. In theory, in the long term exchange rates find a level that helps balance the prices of goods across borders. In reality the mechanism is more volatile than that, as we’ve seen in the fall in the value of Sterling in response to Brexit and the rise in the US dollar with expectation of Trumps spending program. In this podcast Phil Dobbie talks to Prof Steve Keen about Keyne’s plan to create a more stable method of determine exchange rates – that didn’t rely on the US dollar or the value of gold. Is it time to revisit Keyne’s thinking?

To listen to the full episode subscribe by choosing a plan in the right column at debunkingeconomics.com

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17. Did Keynes have a better plan for exchange rates?

January 10th, 2017

Economies are susceptible to the vagaries of international exchange rates. In theory, in the long term exchange rates find a level that helps balance the prices of goods across borders. In reality the mechanism is more volatile than that, as we’ve seen in the fall in the value of Sterling in response to Brexit and the rise in the US dollar with expectation of Trumps spending program. In this podcast Phil Dobbie talks to Prof Steve Keen about Keyne’s plan to create a more stable method of determining exchange rates – one that didn’t rely on the US dollar or the value of gold. Is it time to revisit Keyne’s thinking?

16. Growth. Do We Really Need It? (Preview)

January 3rd, 2017

In this edition of the Debunking Economics podcast Phil Dobbie asks Professor Steve Keen why the economy is dependent on growth. Is it psychological – that we like to think we are better off – or is there a mathematical reason that demands growth? Mainstream economists are hell-bent on growth and believe that innovation will always ensure we manage to do more with the resources available. But can that be achieved without ruining the planet, and how do we ensure there is an effective distribution of wealth and consumption?

To listen to the full episode subscribe by choosing a plan in the right column at debunkingeconomics.com

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16. Growth. Do We Really Need It?

January 3rd, 2017

In this edition of the Debunking Economics podcast Phil Dobbie asks Professor Steve Keen why the economy is dependent on growth. Is it psychological – that we like to think we are better off – or is there a mathematical reason that demands growth? Mainstream economists are hell-bent on growth and believe that innovation will always ensure we manage to do more with the resources available. But can that be achieved without ruining the planet, and how do we ensure there is an effective distribution of wealth and consumption?

15. Steve Keen on the Year Ahead

December 31st, 2016

The start of the end of the Euro, the continued rise of the right, recession for Australia and a booming US economy thanks to Trump‘s spending program. That’s how Prof Steve Keen sees the year ahead looking in this free edition of the Debunking Economics podcast. For more insights for the year ahead, subscribe and enjoy further commentary and analysis throughout 2017.

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