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Artwork for Debunking Economics

Debunking Economics - the podcast

Steve Keen & Phil Dobbie
Neoclassical Economics
Inflation
Donald Trump
China
Economic Growth
United States
Climate Change
Central Banks
Government Spending
Monetary Policy
GDP
Modern Monetary Theory
Interest Rates
Economic Inequality
Money Supply
Energy
Artificial Intelligence
Tariffs
US Dollar
Capitalism

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.

PublishesWeeklyEpisodes523Founded7 years ago
Number of ListenersCategories
EducationBusiness

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Artwork for Debunking Economics

Latest Episodes

Bond yields are not “warning” governments to behave—they’re exposing a system where central banks and treasuries can backstop the entire market whenever they choose. Steve says the panic around government debt is mostly an economic fairy tale, and th... more

Equilibrium is a fantasy—and this conversation explains why. Phil and teve explore how the belief that markets naturally self-correct has shaped economic policy, contributed to the failure to anticipate the Global Financial Crisis, and continues to d... more

Paul Keating is often sold as the man who modernized Australia - but what if the reforms that made him legendary also helped create the financialized, boom-and-bust economy we live with today? Steve argues the real story is far more unsettling. From ... more

In this episode, Prof Steve Keen and host Phil explore the complexities of hedging, its applications, pitfalls, and its impact on markets and the economy.

Hedging, rife in the financial and commercial world, is designed to protect our investments. If... more

Key Facts

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Recent Guests

Scott Besson
US Treasury Secretary (as introduced in the episode)
United States Government
Episode: The always moving equilibrium
Chris Bowen
Australian Energy Minister
Australian Government
Episode: Too slow for zero?
Mark Slater
Green Party politician
Episode: The complete guide to the bond market
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 of Debunking Economics; university/academic economist (as discussed)
Phil Dobbie
Co-host of Debunking Economics; Debunking Economics podcast (co-host)

Reviews

4.4 out of 5 stars from 288 ratings
  • Best Economics Podcast

    I’d never miss an episode. It’s fun and informative. If only politicians would listen!

    Apple Podcasts
    5
    $Ranger16
    Canada8 months ago
  • Missing a Big Opportunity

    This podcast (and Keen in general) miss an amazing opportunity to educate people instead of shadow boxing with neoclassical economists. Instead of attacking neoclassical economists, why not actually explain a current event or popular economic question or issue without referencing the dumb neoclassical perspective?

    Apple Podcasts
    3
    Yehaawww!
    United States9 months ago
  • 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 Statesa year 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 Statesa year 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 Kingdom2 years ago

Listeners Say

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

Some listeners crave more structure and fewer interruptions during debates.
Diverse opinions are welcomed but some praise for practical insights and historical context.
Balanced critique of mainstream economics with engaging host chemistry.

Chart Rankings

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

Apple Podcasts
#188
United Kingdom/Education
Apple Podcasts
#196
Australia/Education
Apple Podcasts
#200
Finland/Education

Talking Points

Recent interactions between the hosts and their guests.

The word from the World Forum
Q: What is the proposal regarding the law of ecocide?
The proposal includes that ecocide should encompass not just intentional harm but also negligence by companies and individuals.
The word from the World Forum
Q: What was the main focus of the World Forum?
The focus was on humanitarian issues, including a discussion about Gaza and the need to hold powerful figures accountable for their actions.
Can the EU take on the US?
Q: So Steve, what is the leverage that Europe has over Donald Trump right now?
We talked about just not buying defense. I mean, that's going to hit the wallet, obviously.
The complete guide to the bond market
Q: Do the interest rates on 30-year bonds bought on the primary markets fluctuate with changes in the base rate over time?
Yes, the rates can fluctuate based on economic conditions and central bank policies.
Rethinking Foreign Aid
Q: What is one of the major issues with how the IMF operates?
The IMF imposes structural adjustment programs that restrict government spending needed for growth, focusing instead on neoliberal economic policies.

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?

The show features a candid, contrarian take on mainstream economics, often challenging neoclassical ideas and exploring macro topics like money creation, government deficits, and financial systems. Episodes frequently tie theory to current events, covering inflation, central banks, energy, technology, inequality, and policy design. A recurring strength is the dynamic duo's ability to push back against conventional thinking with historical context and practical implications, making complex concepts approachable for educated listeners interested in economics, policy, and real-world outcomes.

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Which podcasts are similar to Debunking Economics?

These podcasts share a similar audience with Debunking Economics:

1. The Why? Curve
2. Pitchfork Economics with Nick Hanauer
3. Ones and Tooze
4. The Econoclasts
5. Economics Explained

How many episodes of Debunking Economics are there?

Debunking Economics launched 7 years ago and published 523 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. Scott Besson
2. Chris Bowen
3. Mark Slater
4. Cahal Moran
5. Gary Stevenson
6. Brian Hanley
7. Matthew Hornback
8. Doyne Farmer

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