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Artwork for Debunking Economics

Debunking Economics - the podcast

Steve Keen & Phil Dobbie
Economy
Economic Growth
Money Supply
Inflation
GDP
Government Spending
Public Sector Vs. Private Sector
NHS
Velocity Of Money
Neoclassical Economics
Pay Cuts
Minimum Wage
Junior Doctors
British Medical Association
Elon Musk
UK Government Bonds
Economics
Climate Change
China
Techno-Feudalism

Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.

Hosted on Acast. See acast.com/privacy for more information.

PublishesWeeklyEpisodes474Founded6 years ago
Number of ListenersCategories
BusinessEducation

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Artwork for Debunking Economics

Latest Episodes

You would assume that government spending is largely designed to help those on lower incomes. The NHS was designed to ensure free healthcare for all. The same for public education. And for welfare payments. So, I theory, the more the government spend... more

After the war the European economy was humming along, with growth rates of 5 percent or more. Now Germany’s forecast to grow by just 0.1 percent. Allowing for population growth and inflation and it’s an economy in decline. Steve says part of the prob... more

Copyright and IP rights has always been notoriously difficult to protect. Does it become impossible with the rise of AI? The ideas presented to you through your favourite AI engine come from somewhere whose ideas are being used to support an argument... more

We keep hearing about the productivity gains from AI. This week Phil asks Steve about the difference between productivity for a company versus the societal benefits. For example, AI and robots might do a job more efficiently than a human, but it’ll c... more

Key Facts

Contact Information
Podcast Host
Number of Listeners
Find out how many people listen to this podcast per episode and each month.

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Recent Guests

Cahal Moran
Author and video streamer
HarperCollins
Episode: Why we are getting poorer (with Cahal Moran)
Gary Stevenson
YouTube sensation discussing economics and wealth disparity
Episode: Should we tax the rich?
Brian Hanley
Factory automation expert with experience at Ford Motor Company.
Episode: Bringing manufacturing home, the Japanese Way
Matthew Hornback
Economist at Morgan Stanley
Morgan Stanley
Episode: Why is the US economy doing so much better than Europe?
Doyne Farmer
Professor of Complex Systems Science at the Smith School for Enterprise and the Environment at the University of Oxford
University of Oxford
Episode: It’s not complicated! Doyne Farmer on a Better Economics for a Better World

Hosts

Steve Keen
Host and economist who critiques neoclassical economics, offering alternative perspectives and frameworks. Known for his engaging and critical dialogue on economic theories and practices.
Phil Dobbie
Co-host who complements discussions with insight and humor, facilitating critical dialogues alongside Steve Keen.

Reviews

4.4 out of 5 stars from 260 ratings
  • I really enjoyed the analysis in the manufacturing fetishizing episode. It's great to listen to smart people discussing economics.

    Audible
    5
    Colin Thompson
    United States3 months ago
  • A Great Discussion on Economics

    I really enjoyed the analysis in the manufacturing fetishizing episode. It's great to listen to smart people discussing economics.

    Audible
    5
    Colin Thompson
    United States3 months ago
  • Love it!

    Absolutely brilliant and refreshing. Keen is hilarious. But truthfully, if he ditched the chip on his shoulder he’d likely influence more thought leaders because he’s right about almost everything. Highly recommend, we’re hooked!

    Apple Podcasts
    5
    Briar1
    United Kingdom7 months ago
  • A little preparation goes a long way - wasted opportunity

    They come on this show and they don’t have a real plan and it shows. I love keen’s books, but this podcast is terrible. Very unfortunate because keen is brilliant.

    Apple Podcasts
    1
    Hknvc
    United States8 months ago
  • They confuse each other… and listeners

    I wanted to love this pod, but they just talk over and past each other and often seem to confuse one another (and even their guests). I like some of the ideas, I wish they could structure their discussions better (and avoid plugs for their products/ models).

    Apple Podcasts
    2
    Bizboi69
    United States9 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners appreciate the unique insights and refreshing critique of mainstream economics offered by the hosts.
The combination of economic theory with real-world implications is seen as both engaging and stimulating by many in the audience. They enjoy the educational aspects and real-life examples that illustrate key concepts.
Critics express concern about perceived biases and the hosts' focus on their viewpoints, rather than providing comprehensive analyses.
Some find the hosts' style at times chaotic, suggesting a need for better structure in their conversations.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#211
Australia/Education
Apple Podcasts
#62
New Zealand/Education

Talking Points

Recent interactions between the hosts and their guests.

Why we are getting poorer (with Cahal Moran)
Q: Cahal, in the book, you talk about austerity. And then things definitely got worse, didn't they, in the UK during those years of austerity?
Yes, austerity led to stagnant real wages and growth being lower than expected. It caused a hollowing out of infrastructure, resulting in people feeling worse off.
Banking on destruction
Q: So, would a better way forward then, I mean, monetary policy does just apply in this instance?
Monetary policy was not effective, and it was argued that price controls could have been more useful than raising interest rates.
The cycles of the economy
Q: Why do cycles occur in capitalism?
Cycles are inherent in capitalism due to income distribution struggles and the cyclical nature of private debt and investment behavior.
The cycles of the economy
Q: Does the economy collapse when companies go under?
No, companies can collapse and be replaced by new ones, but significant downturns often require government intervention to stabilize the economy.
The cycles of the economy
Q: How do we come out of this downward cycle?
The government needs to be part of the solution, as they can provide monetary demand during a downturn, which can help prevent a terminal collapse of capitalism.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
Interests
Professions
Age Range
Household Income
Social Media Reach

Frequently Asked Questions About Debunking Economics

What is Debunking Economics about and what kind of topics does it cover?

Focusing on the shortcomings of neoclassical economics, the discussions emphasize the necessity for alternative economic theories that align better with contemporary societal challenges. The dialogue spans a variety of pressing topics, including the implications of artificial intelligence on labor, the dynamics of wealth concentration, government spending, and the ethical considerations surrounding healthcare and welfare systems. Engaging commentary makes clear the hosts' positions on systemic inequality and critiques mainstream economic policies while exploring potential reforms that prioritize community and collective well-being. This content is particularly informative for those interested in economics, public policy, and social equity, ... more

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Which podcasts are similar to Debunking Economics?

These podcasts share a similar audience with Debunking Economics:

1. Economics Explained
2. The Economics Show
3. Ones and Tooze
4. Capitalisn't
5. Macro Musings with David Beckworth

How many episodes of Debunking Economics are there?

Debunking Economics launched 6 years ago and published 474 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Debunking Economics?

Recent guests on Debunking Economics include:

1. Cahal Moran
2. Gary Stevenson
3. Brian Hanley
4. Matthew Hornback
5. Doyne Farmer

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