Does immigration slow inflation?

Phil and Steve take aim at the so-called Nobel Prize in Economics and the assumptions behind the models influencing central-bank policy. They discuss why Steve believes mainstream economics underplays the role of banks, private debt and financial crises—and why models built aroun ...  Show more

Fear and greed don’t affect everyone equally. In this episode, Phil Dobbie and Steve Keen explore how debt, financial bubbles, and economic policy can reward those at the top while leaving workers, renters, and households to carry more of the risk. From market crashes and specula ...  Show more

Our Global Chief Economist explains what stricter immigration policy in key markets around the world could mean for economic growth and inflation.

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Seth Carpenter: Welcome to Thoughts on the Market. ...

We wade into the heated debate over immigrants' impact on the labor market. When the number of workers in a city increases, does that take away jobs from the people who already live and work there? Does a surge of immigration hurt their wages? The debate within the field of econo ...  Show more

Inflation has hardly been seen in the developed world economies for the last three decades. But now some economists are warning it could be returning with a vengeance, because of supply chain problems, post-Covid exuberance, and higher wage demands. What is going on, and should w ...  Show more