How economics professors can stop failing us

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Many students today continue to be deceived by their professors who, even after the great financial crisis, still teach a fantasy, or other worldly version of economics. So on this program we ask: How do we begin to reverse a heavily entrenched education system that manufactures economists that have such a detrimental effect on wider society? Joining us to discuss how academics are failing us: renegade economist, Professor Steve Keen, and author and economist, Dr Steven Payson.

Syria: neoliberalism vs sovereignty

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The more we hear about Syria, the less we understand. The mixed messages that come from the media seem only to add more confusion. Having been hoodwinked into wars in the Middle East before, the British people are naturally skeptical. So beyond the headlines what’s the real geopolitical play that’s going on and why is it occurring? We travelled to Singapore to meet Professor Ali Kadri, a Middle Eastern economist who understands the geopolitical play and gives us an unvarnished look into what’s at stake, the forces driving the Syrian conflict, and the wider problems across the Middle East.

Our prisoners’ dilemma

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Crime and punishment have always been bedfellows. But what if many of the assumptions that we make around the justification of that punishment are simply false? Joining us to discuss the current state of the British prison system and what can be done to improve it, former prison monitor and criminologist Faith Spear and Dr David Scott, senior lecturer in criminology at the Open University.

Does anyone interesting live in London anymore?

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As London has become a global financial hub and a real estate speculators dream, it has priced out the people who once made the city diverse, interesting and cosmopolitan. What happens to the arts if artists can no longer afford to live in the big smoke, or attend its increasingly elitist art schools? This week we’re on the road at Sunday Papers Live, talking with artist, Darren Coffield about the silent art exodus from London and asking: Does anyone interesting live in London anymore?

Weapons of mass distraction

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Once again the west finds itself back in a familiar position with the press parroting one assured narrative, while the public is increasingly sceptical about their claims. So what is really going on? And have we not learned anything from interventions in Iraq, Afghanistan and Libya? Here to discuss the role of the media in support of the Western headlong rush to war is the economist and political analyst, Shabbir Razvi and former army officer, detective and counter-terrorism intelligence officer Charles Shoebridge.

HSCB – A rebel bank with a cause

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Artists and film-makers Hilary Powell and Dan Edelstyn took over a co-op bank to enact community driven debt relief, by the people for the people, in a bid to educate the public about how money and credit are actually created. And instead of putting the Queen on their money, they are making heroes out of the Garys, Sarahs, Tracys and Steves who are fighting for economic justice amid the fallout of the current system we are forced to live under.

RBS: the Hillsborough of British Business

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If we were to tell you that you are a shareholder in a British bank you might be surprised. If we were to mention that that bank has been consistently running at a loss for a decade you may begin to worry about your investment. If we then said the organisation you’re invested in is accused of asset stripping compromised businesses to make a quick buck you probably wouldn’t believe us. Joining us to discuss RBS’ recent return to profit and whether it is now going to repay the British taxpayers is businessman, RBS victim and former CEO of Torex Retail PLC, Neil Mitchell.

Who are the real Olympic winners?

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The sales pitch that is always used when bidding for the Olympics is that the legacy of the games will regenerate a part of the host country. This sounds wonderful in theory but in practice is the best policy for urban renewal to pay for expensive custom built sporting venues that are only used a handful of times? If not, we ask: who are the real Olympic winners?