Building a New Economics
The Debunking Economics Podcast
Another financial crisis that we all end up paying for
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Another financial crisis that we all end up paying for

The banks may not have caused the inevitable downturn from central bank actions but, as Steve Keen discusses this week, they are not the ones paying the price. Do they win no matter what?
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We last had a financial crisis in 2008 (ignoring the pandemic years), and if we’re not in another crisis now, we’re well on the way to it, with mortgages rising, taxes increasing and the price of everything continuing to rise. Your spending power is being hit in three directions. But, isn’t that what central banks want? So we spend less and inflation co…

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Building a New Economics
The Debunking Economics Podcast
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.ems-based alternative to mainstream economics