Building a New Economics
The Debunking Economics Podcast
What's the right level of inflation?
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What's the right level of inflation?

Why do central banks target a 2% inflation rate? What if they targeted a higher amount? Would it make any difference?

The world is living in fear of rising inflation. Central banks are trying to combat it by pushing up interest rates, which means people also now fear how much their mortgage is going to cost. So, are they making matters better or just adding to the problem? This week Phil Dobbie asks Steve Keen if inflation is as big a problem as central banks make out,…

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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