Building a New Economics
The Debunking Economics Podcast
Should we all earn less?
0:00
-42:01

Paid episode

The full episode is only available to paid subscribers of Building a New Economics

Should we all earn less?

With so much money finding its way into inflated house prices and other financial assets, is that a sign that we are earning too much. No, says Steve Keen, it’s a sign that we are borrowing too much.
1

Are we earning too much? Many of us are now spending less than we earn on day-to-day consumption items We’re putting our excess income into our future earnings, through our pension funds, who use a chunk of that the money to buy non-productive assets, liking investing in shares on the secondary market, to no-benefit of the companies we invest in. Phil t…

Listen to this episode with a 7-day free trial

Subscribe to Building a New Economics to listen to this post and get 7 days of free access to the full post archives.

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