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Education
Debunking Economics - the podcast
by Steve Keen & Phil Dobbie
Today: #158 in Education, United Kingdom on our combined chart.
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Ranking history · United States
No ranking history for this show in United States over the last 14 days.
Latest episodes
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The inequality of fear and greed
October 7, 2026 · 40 minFear 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…
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Should Britain rejoin the EU?
September 30, 2026 · 38 minPhil and Steve unpack the case for a renewed relationship with Europe, from trade and supply chains to freedom of movement and political sovereignty. They debate whether the euro still makes sense in an era of low-cost digital payments…
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Are bond vigilantes in charge?
September 23, 2026 · 33 minBond yields are not “warning” governments to behave—they’re exposing a system where central banks and treasuries can backstop the entire market whenever they choose. Steve says the panic around government debt is mostly an economic fairy…
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The always moving equilibrium
September 16, 2026 · 37 minEquilibrium is a fantasy—and this conversation explains why. Phil and teve explore how the belief that markets naturally self-correct has shaped economic policy, contributed to the failure to anticipate the Global Financial Crisis, and…
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What did Keating do for Australia?
September 9, 2026 · 43 minPaul Keating is often sold as the man who modernized Australia - but what if the reforms that made him legendary also helped create the financialized, boom-and-bust economy we live with today? Steve argues the real story is far more…
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The risks of hedging
September 2, 2026 · 29 minIn this episode, Prof Steve Keen and host Phil explore the complexities of hedging, its applications, pitfalls, and its impact on markets and the economy. Hedging, rife in the financial and commercial world, is designed to protect our…
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Burnham on Buying British
August 25, 2026 · 40 minThe UK Prime Minister Andy Burnham has said he wants government departments to focus on buying British, The UK state spends roughly £300bn to £400bn a year on public procurement—and currently treats it merely as a bureaucratic exercise to…
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Ways to foster innovation
August 18, 2026 · 40 minUnless you are one of the tech bros, it is difficult for anyone to push on with innovative ideas, probably why the world seems reliant on the US for the next big thing. If you not running a Megacap getting money for a new idea is virtually…
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Do we actually need bonds?
August 13, 2026 · 40 minThere’s only one reason a government issues bonds. It’s so their account with the central bank is not overdrawn. It’s only regulation that stops the central bank from saying a rapidly expanding deficit is fine. After all, it’s an indicator…
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A reality check on bonds and government spending
August 4, 2026 · 53 minA listener (Doug) left a comment on YouTube saying I assume Phil intends to play "devil's advocate" when he speaks as though taxes are necessary for money issuance by governments with sovereign currencies. He’s worried that it might…
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AI, inequality and basic income
July 29, 2026 · 44 minPhil happened upon a book to Australian economist Joshua Gans (and Andrew Leigh) called Innovation & Inequality – how to create a future that is more Star Trek than Terminator. He discusses some of the concepts with Steve, including…
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The Burnham Factor
July 21, 2026 · 45 minAndy Burnham is now the British Prime Minister but, Phil asks, aside from convening cabinet meetings in the north, will he do anything different to his predecessor. No, he will follow the same neoclassical economics approach as all Prime…
About the show
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.