Britain’s capex crisis and how to fix it

The Debunking Economics Podcast

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Britain’s capex crisis and how to fix it

Britain's infrastructure is crumbling because there simply isn't enough investment. So, how do you increase capex with a government bogged down with such high opex and a desire to balance the books.

Steve Keen

and

Phil Dobbie

Oct 26, 2024

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Ever wondered why Britain’s roads are riddled with potholes, why the trains keep breaking down and why there aren’t enough hospital beds? Simple. Britain is not making enough capital investments. Taking the public and private sector together, it amounts to about 6 percent of GDP, well below the 22% in the US - which has its own infrastructure problems…

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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

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