The cycles of the economy

In this episode of Debunking Economics, Phil Dobbie and Professor Steve Keen dive into the thorny world of “sovereign money” and “100% money” — two reform proposals that aim to radically reshape how modern banking works. Prompted by a listener email, the conversation unpacks why ...  Show more

In this episode, Phil and Steve take listeners on a guided tour through the mechanics of government bond markets — stripping away the myths, misunderstandings and textbook clichés that usually cloud the topic. Starting from a listener question, they explore why governments issue ...  Show more

What if solving poverty, caring for nature and fostering well-being were the ultimate goals of the economy, instead of growth for its own sake? Environmentalist and economist Gaya Herrington proposes a shift in thinking from "never enough" to "enough for each," asking us to co ...

The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going to interest payments? From meme coins exceeding major car manufacturers' values to escalating trade threats and actual wars, could ...  Show more

In his latest memo, Howard Marks discusses the implications of governmental intervention in economies. Considering examples such as rent control, fire insurance, and tariffs, he emphasizes that while free markets don’t produce perfect solutions, efforts to control them often make ...  Show more

What if solving poverty, caring for nature and fostering well-being were the ultimate goals of the economy, instead of growth for its own sake? Environmentalist and economist Gaya Herrington proposes a shift in thinking from "never enough" to "enough for each," asking us to co ...