Lesotho- pronounced ,li-su-tu -is a small African nature that President Trump threatened with 50% tariffs, describing as a country nobody had ever heard of. Maybe that’s enough for his disciples to dismiss the hardship tariffs will place on the country, where youth unemployment is rife and the minimum wage is US$100 per month. Phil says twenty years ago…
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Lessons from Lesotho on trade and alliances
How President Trump's trade policies could drive developing nations to form alliances with China, perhaps out of desperation.
Jul 26, 2025
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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
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 economicsListen on
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