Archive - Building a New Economics

More on how money is created

Banks create new money. Do governments? Phil gets Steve to explain why he thinks government deficits create new money for the private sector.

Feb 3 •

35:37

January 2025

Coinucopia’s thriving banking sector

Life gets much easier in Coinucopia when banks can issue electronic loans. Steve explains why.

Jan 25 •

and

45:50

Great new video on climate change economics: please share widely

The talk I gave at Nordhaus's own university, Yale

Jan 20 •

Reeves off track on growth

For a Chancellor focused on growth Rachel Reeves is doing an extraordinarily bad job. Maybe its the money she is pulling out of the economy.

Jan 20 •

and

37:03

The population clock

Population growth is expected to cool, but will it happen fast enough? Even if it does, what do we about the geographic concentration of people.

Jan 11 •

39:51

Crisis? What Crisis? A Video for Elon Musk on the Deficit

Why eliminating the deficit will tank the economy

Jan 7 •

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

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