Archive - Building a New Economics

When Coincupia starts to allow loans and bank notes

Our coin-only island discovers the merits of bank loans to drive growth, without inflation

Jan 4 •

44:20

December 2024

How disillusioned Labour supporters can fight back against Starmer and Reeves

Using Ravel to teach your friends how the monetary system actually works

Dec 30, 2024 •

The cash only economy where economics works

Welcome to the Island of Cornucopia. An economy so simple that widely assumed economic principles actually work.

Dec 28, 2024 •

and

30:15

Join my new subscriber chat

A private space for us to converse and connect

Dec 22, 2024 •

Political Economy Forever?

My contribution to a celebration of the 50th anniversary of the formation of the Department of Political Economy at Sydney University

Dec 22, 2024 •

Is income disparity essential for growth?

Do we need the uber-rich to drive innovation?

Dec 21, 2024 •

42:32

What do central banks do?

When central banks declare a new interest rate, how does that magic into existence? Steve explains. And what does their work do to the money supply?

Dec 14, 2024 •

39:00

Banks, reserves, lending and money supply

How vast is the gap between textbook explanations of bank loans and what happens in reality? And how many people believe banks create new money, but…

Dec 7, 2024 •

45:14

November 2024

Government debt, bonds and money supply

As Stephanie Kelton puts it, their red ink is our black ink. But how does that work exactly?

Nov 30, 2024 •

and

42:18

Apologies for post silence, but there's a good reason: a forthcoming new book

I haven’t put up a blog post for some time (though the podcasts are as regular as clockwork, thanks to Phil Dobbie), and there’s a good reason: a post…

Nov 26, 2024 •

Can Europe be Draghi-ed out of stagnation?

Mario Draghi called for more Europe-wide spending to fix the stagnation of the economy. But will it work?

Nov 23, 2024 •

and

40:07

At least half of America is elated with its new choice of President. Money is already flowing into the country.

Nov 16, 2024 •

and

40:08

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