
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.
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| Publishes | Weekly | Episodes | 509 | Founded | 7 years ago |
|---|---|---|---|---|---|
| Number of Listeners | Categories | EducationBusiness | |||

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
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I’d never miss an episode. It’s fun and informative. If only politicians would listen!
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?
I really enjoyed the analysis in the manufacturing fetishizing episode. It's great to listen to smart people discussing economics.
I really enjoyed the analysis in the manufacturing fetishizing episode. It's great to listen to smart people discussing economics.
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!
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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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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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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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