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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
Monetary Policy
GDP
Government Spending
Interest Rates
Modern Monetary Theory
Economic Inequality
Artificial Intelligence
Money Supply
Tariffs
US Dollar
Energy
Economic Policy

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.

PublishesWeeklyEpisodes509Founded7 years ago
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Artwork for Debunking Economics

Latest Episodes

Steve and Phil critique our systemic over-reliance on Gross Domestic Product (GDP) as the definitive baseline for comparing global economies and measuring societal well-being. The discussion underscores a fundamental flaw in neoclassical modeling: wh... more

This week Phil and Steve dig into the storm of controversy over Australia's new budget rules targeting property speculators. The Labor government has scaled back negative gearing and abolished the 50% capital gains tax discount for established dwelli... more

This week Phil challenges Steve on how the futures market handles terminal risk, pointing out that oil prices slope downward over time simply because traders blindly assume the Strait of Hormuz will reopen. Steve agrees and tears into the financial s... more

This week Phil and Steve dismantle the structural shift of the global economy toward a permanent state of debt dependence. Following a critique of Steve’s recent debate on the Piers Morgan show and a revisit to last week’s discussion on th link betwe... more

Key Facts

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Recent Guests

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; economist known for heterodox views and critical stance on neoclassical economics; discusses macro policy and systemic risks.
Phil Dobbie
Co-host providing a practical, straight-man counterpart; facilitates discussions and questions to keep conversations focused.

Reviews

4.4 out of 5 stars from 282 ratings
  • Best Economics Podcast

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

    Apple Podcasts
    5
    $Ranger16
    Canada4 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 States6 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 Kingdoma year ago

Listeners Say

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

Informative and entertaining, with strong historical context.
Accessible entry point for those new to heterodox economics.
Critiques can feel repetitive or confrontational at times.
Engaging, sometimes formatted as a lively duel between hosts.
Thought-provoking and counterpoints to mainstream economics.

Top Education Podcasts

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
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Frequently Asked Questions About Debunking Economics

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

A lively, ideologically rooted economics show where two hosts challenge mainstream neoclassical thinking by framing discussions around real-world issues like energy, debt, and policy. Episodes mix historical perspectives with current events, often arguing that monetary and fiscal tools are misused or misunderstood, and that energy constraints and geopolitics shape growth, inflation, and technology. The format thrives on long-form dialogue, with sharp interchanges and provocative takes, making it valuable for listeners who want counterpoints to standard economics debates and practical implications for policy and markets.

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Which podcasts are similar to Debunking Economics?

These podcasts share a similar audience with Debunking Economics:

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

How many episodes of Debunking Economics are there?

Debunking Economics launched 7 years ago and published 509 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. Mark Slater
2. Cahal Moran
3. Gary Stevenson
4. Brian Hanley
5. Matthew Hornback
6. Doyne Farmer

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