053. Market update: 22-28 September 2025

Post-Keynesian economics, building on John Maynard Keynes’s work, emphasizes uncertainty, financial instability, and income distribution, offering a heterodox alternative to neoclassical and new Keynesian economics.Developed by Joan Robinson, Hyman Minsky, Paul Davidson, and othe ...  Show more

Major institutions forecast modest global GDP growth for the coming year, below historical averages, supported by easing inflation and resilient labour markets but constrained by trade tensions, geopolitical risks, and policy uncertainty. Advanced economies are expected to lag, w ...  Show more

John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution, joins the podcast to discuss how he initial got interested in economics, his initial training in econometrics as a PhD student at Stanford which led ...  Show more

The Austrian School of Economics has been around since the 1870s, when Carl Menger wrote the Principles of Economics. They were a response to the conventional economic thought that prevails today. Phil Dobbie asks Professor Steve Keen whether there are elements of the Austrian sc ...  Show more

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America’s Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americ ...  Show more

The great theories of economics seem to have great explanatory power, but the actual world is often far too complicated and messy to fully test them out. Professor Ignacio Palacios-Huerta, an economist at the London School of Economics has an answer – sport. In the contained sett ...  Show more