Macroeconomic Dynamics and Energy In MinskyWatch now (66 min) | Poznan Summer School 2022
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It's just accounting
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Can the price mechanism fix everything?Listen now (34 min) | On the Why Curve podcast last week, Phil (and Roger Hearing) spoke to Daniel Gros, Director of the Centre for European Policy…
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In my last column, I explained how both governments and banks create money. The basics are incredibly simple—so simple, in fact, that the great…
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Can you calm inflation and keep jobs?Listen now (36 min) | Central banks are pushing up interest rates to slow down the rate of inflation. The principle is simple. Supplies are constrained…
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A group of scientists have published a paper on the dangers of catastrophic climate change that sets 3°C as a line beyond which we risk climate changes…
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If you're looking for advice about how to make a profit or a capital gain, then my apologies for the clickbait: this post is about how money itself is…
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Electric cars – tinkering at the edge of a climate crisisListen now (30 min) | In the UK petrol cars emit 128g of CO2 per kilometre. In the US they drive bigger cars, for longer, so the carbon impact is that…
The Volcker recession of 1981-82 crushed inflation out of the economy, and presented economists with a new challenge: rather than high and rising…
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The wonderful discussion I had with Lex Fridman has led to a lot of people being exposed to my approach to economics for the first time. About 250,000…
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Is the US dollar getting too big for its boots?Listen now (36 min) | As inflation grows around the world the US dollar enjoying multi-decade highs. To an extent, that’s helping mitigate the impact of…
In my first column in this series, I gave Hyman Minsky's explanation of what caused the stagflation of the 1970s—a credit bubble bursting when the…
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