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Artwork for Debunking Economics

Debunking Economics - the podcast

Steve Keen & Phil Dobbie
Economy
Economic Growth
Money Supply
Inflation
GDP
Government Spending
NHS
Public Sector Vs. Private Sector
Velocity Of Money
Modern Monetary Theory
Neoclassical Economics
British Medical Association
Minimum Wage
Pay Cuts
Junior Doctors
Elon Musk
UK Government Bonds
Economics
Climate Change
China

Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.

Hosted on Acast. See acast.com/privacy for more information.

PublishesWeeklyEpisodes486Founded6 years ago
Number of ListenersCategories
EducationBusiness

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Artwork for Debunking Economics

Latest Episodes

So, what does it mean to be Austrian? And we are not talking about wearing Lederhosen every weekend, going on long hikes through the mountains and eating schnitzel. Instead, the focus in this podcast is on the Austrian school of economics. They are t... more

The early days of Bitcoin its proponents argued that this could be the global currency to replace fiat money. Governments the world over were issuing too much currency, leading to inflation, whilst imposing arbitrary regulations that would be impossi... more

How far are we willing to go in accepting the corporate takeover of just about everything. In Britain public utilities were sold off, so companies could profit from selling resources whilst minimising maintenance of facilities. Phil asks the question... more

Several listeners have written in to get Steve’s views on the path being taken by Mark Carney to rescue the Canadian economy. Initially it looked like the country was rebounding strongly from the pandemic, but in the last couple of years the growth h... more

Key Facts

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Recent Guests

Cahal Moran
Author and video streamer
HarperCollins
Episode: Why we are getting poorer (with Cahal Moran)
Gary Stevenson
YouTube sensation discussing economics and wealth disparity
Episode: Should we tax the rich?
Brian Hanley
Factory automation expert with experience at Ford Motor Company.
Episode: Bringing manufacturing home, the Japanese Way
Matthew Hornback
Economist at Morgan Stanley
Morgan Stanley
Episode: Why is the US economy doing so much better than Europe?
Doyne Farmer
Professor of Complex Systems Science at the Smith School for Enterprise and the Environment at the University of Oxford
University of Oxford
Episode: It’s not complicated! Doyne Farmer on a Better Economics for a Better World

Hosts

Steve Keen
Co-host providing critical insights into economics and is known for a heterodox perspective, challenging mainstream economic principles.
Phil Dobbie
Co-host who complements Keen with a contrasting perspective that often keeps discussions grounded in practical realities.

Reviews

4.4 out of 5 stars from 266 ratings
  • I really enjoyed the analysis in the manufacturing fetishizing episode. It's great to listen to smart people discussing economics.

    Audible
    5
    Colin Thompson
    United States6 months ago
  • A Great Discussion on Economics

    I really enjoyed the analysis in the manufacturing fetishizing episode. It's great to listen to smart people discussing economics.

    Audible
    5
    Colin Thompson
    United States6 months ago
  • Love it!

    Absolutely brilliant and refreshing. Keen is hilarious. But truthfully, if he ditched the chip on his shoulder he’d likely influence more thought leaders because he’s right about almost everything. Highly recommend, we’re hooked!

    Apple Podcasts
    5
    Briar1
    United Kingdom10 months ago
  • A little preparation goes a long way - wasted opportunity

    They come on this show and they don’t have a real plan and it shows. I love keen’s books, but this podcast is terrible. Very unfortunate because keen is brilliant.

    Apple Podcasts
    1
    Hknvc
    United Statesa year ago
  • They confuse each other… and listeners

    I wanted to love this pod, but they just talk over and past each other and often seem to confuse one another (and even their guests). I like some of the ideas, I wish they could structure their discussions better (and avoid plugs for their products/ models).

    Apple Podcasts
    2
    Bizboi69
    United Statesa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The humor and wit of the hosts are well-received, contributing to a balance of education and entertainment in the discussions.
Some critiques point towards issues with the hosts' chemistry and pacing, suggesting that episodes could benefit from better structure.
Listeners appreciate the engaging discussions and find the insights on non-traditional economics refreshing and thought-provoking.

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Talking Points

Recent interactions between the hosts and their guests.

Why we are getting poorer (with Cahal Moran)
Q: Cahal, in the book, you talk about austerity. And then things definitely got worse, didn't they, in the UK during those years of austerity?
Yes, austerity led to stagnant real wages and growth being lower than expected. It caused a hollowing out of infrastructure, resulting in people feeling worse off.
Banking on destruction
Q: So, would a better way forward then, I mean, monetary policy does just apply in this instance?
Monetary policy was not effective, and it was argued that price controls could have been more useful than raising interest rates.
The cycles of the economy
Q: Why do cycles occur in capitalism?
Cycles are inherent in capitalism due to income distribution struggles and the cyclical nature of private debt and investment behavior.
The cycles of the economy
Q: Does the economy collapse when companies go under?
No, companies can collapse and be replaced by new ones, but significant downturns often require government intervention to stabilize the economy.
The cycles of the economy
Q: How do we come out of this downward cycle?
The government needs to be part of the solution, as they can provide monetary demand during a downturn, which can help prevent a terminal collapse of capitalism.

Audience Metrics

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Frequently Asked Questions About Debunking Economics

What is Debunking Economics about and what kind of topics does it cover?

The discussions center around the deficiencies of neoclassical economics and the broader implications these theories have on societal structures. Through a variety of episodes, the hosts cover critical topics such as privatization, monetary policy, inflation, and economic inequality, questioning conventional wisdom and advocating for heterodox economic principles. With a mix of humor and rigorous debate, the conversations often critique mainstream economic practices while drawing on real-world examples from different economies and historical perspectives. This approach is likely to engage listeners who are keen to rethink traditional economic narratives and explore alternative viewpoints in the field of economics.

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Which podcasts are similar to Debunking Economics?

These podcasts share a similar audience with Debunking Economics:

1. The Econoclasts
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3. The Why? Curve
4. Politics Theory Other
5. Ones and Tooze

How many episodes of Debunking Economics are there?

Debunking Economics launched 6 years ago and published 486 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Debunking Economics?

Recent guests on Debunking Economics include:

1. Cahal Moran
2. Gary Stevenson
3. Brian Hanley
4. Matthew Hornback
5. Doyne Farmer

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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