Building a New Economics
The Debunking Economics Podcast
Understanding the cost and value of money
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Understanding the cost and value of money

The cost of money is increasing as interest rates go up. Is that changing the value of money?
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We all know money has a value, but if you are borrowing it, it also has a cost. But aside from buying houses and a few other big items, we generally are more concerned with the value of the money we earn rather than the cost of the money we borrow. Today we  look at the relationship between the cost and value of money, and ask whether the instability in…

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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