Does immigration slow inflation?

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 structura ...  Show more

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 ...  Show more

When economists and policymakers talk about getting inflation under control, there's an assumption they often make: bringing inflation down will probably result in some degree of layoffs and job loss. But that is not the way things have played out since inflation spiked last year ...  Show more

Economists say that inflation is just too much money chasing too few goods.But something else can make inflation stick around.If you think of the 1970s, the last time the U.S. had really high sustained inflation, a big concern was rising wages. Prices for goods and services were ...  Show more

On this podcast we keep trying to make sense out of this economy. It is confusing and there are numerous contradictory signals. 

On today’s show we are taking a look at why there appears to be a labor shortage. We keep hearing about the so-called labor shortage and poli ...

As the U.K. deals with a bout of market volatility, political transitions, and sticky inflation, how will policy makers and the Bank of England respond, and where might the U.K. economy be headed from here? Chief Cross-Asset Strategist Andrew Sheets and U.K. Economist Bruna Sk ...