Sunday Papers: Mainstream economists live in a parallel universe

Economics and the schools that teach it have been wrong for such a long time that its students have collectively embraced a mythical model that does not account for the role of money, banks, debt or land.
Renegade economist and friend of the show, Professor Steve Keen recently took the stage at the Sunday Papers event in London to discuss what you’re not being told about the global economy.

Marriage and the job guarantee

There is a clear connection between income insecurity and marriage. More specifically, the lack of it. In an era where fewer people are marrying, full employment policies and the job guarantee is the best way to strengthen family financial stability, says Economist Professor Bill Black. A job guarantee program would also allow for the closure of one of the great perception gulfs between progressives and conservatives. 

Jared Bernstein & the cost of not understanding sovereign currencies

Former chief economist to Vice President Joe Biden, Jared Bernstein claims Republicans are hypocrites about the federal budget deficit, pretending to care when the Democrats hold power, shrugging it off when Republicans pass tax cuts for the wealthy. The truth is Republican elites haven’t cared about the deficit for decades, Democrats would do well to do the same and stop claiming to be the Party that “really cares” about the deficit. That politically attractive pose is not simply dishonest and financially illiterate, it is also a trap.