The Future Of Economics
Economics is a divided and lost discipline. Renegade economist, Professor Steve Keen says pretending everything is ok is choking off paths for understanding how the economy works and should work.
Opinion: Disadvantage and high land prices almost always precedes collapse
If this economic climate feels familiar to you, that’s because we have been here before. Bryan Kavanagh examines the historical red flags that preceded crises dating back to the Roman Empire.
Balanced budget ‘like shooting the economy in the head’ – experts
Treating federal budgets like that of a household has starved economies of precious resources and has facilitated unprecedented levels of private and household debt. Editor-in-chief Claire Connelly explores the consequence of this logical fallacy in an excerpt of her upcoming book, How The World Really Doesn’t Work.
Household Debt: A Tale of Three Countries
Economist Dr Steven Hail on how Japan has managed to avoid another financial crisis without creating a major private debt problem, while America and Australia… have not.
Neoliberalism Doesn’t Work. And We Can Prove It
By their own metrics, classical economists have failed to deliver on the promises they made back in the 1970s and 80s. Economist Dr Steven Hail has the charts to prove it.
Billionaire Industrial Policy
When governments fund decades-long loss-making ventures that expand the economy’s production capabilities, we call it industrial policy. When a billionaire does it, we say it is markets at work. Dr Cameron Murray explores what effective industrial policy should look like.
Why Capitalism Is Just Shitbag Science
Pure capitalism is beginning to look really similar to pure feudalism. Renegade sociologist, Holly Wood explores how we’ve passively accepted the private expropriation of public wealth.
Mark Carney and Whose Army?
The Governor of the Bank of England, Mark Carney makes about £800,000 a year, of which £250,000 is a top-up to help with the rent, has the right to change interest rates without accountability and cannot be removed from his job. What could go wrong?