How economics professors can stop failing us

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

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.

Neoliberal v Neoclassical economics – what’s the difference?

Neoliberalism and neoclassical economics are often terms that are used interchangeably by various economists and financial writers, but actually, there are important differences between the two. We’ve had some requests from readers to make that distinction more obvious, so Claire Connelly has summarised what you need to know.

Profits or policing?

One thing Theresa May will be remembered for is her treatment of the British police. As Home Secretary, Mrs May brutally cut more than a fifth of all funding to police forces. The unofficial dictat was that the police should do more with less, a mystifying statement that almost guarantees a demoralised and thus compliant workforce. So is this what she wanted? Or was there another motive to this act? A political move maybe, that would begin the privatisation of Britain’s police force.