Building a New Economics
The Debunking Economics Podcast
The Debt Myth
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The Debt Myth

Why economists are wrong when they assume one person's debt is always cancelled out by someone else's credit
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How widespread is the idea that one person's debt is another person's credit and therefore has no impact on the economy. What are the implications of this thinking and what changes when the realisation that the banking sector is also involved and so is is the relative velocity of money in different hands. If we accepted that debt and credit don't always…

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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
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Steve Keen