Debunking Economics - the podcast

The small number of technologists who increasingly control the planet’s wealth and politic... more

18th century economist Richard Cantillon theorised that new money added to the economy alw... more

Phil and Steve pick up from last week’s discussion about the merits of central planning. L... more

In one of his many walks around his neighbourhood Phil has been listening to a book, The P... more

Lesotho (pronounced ,li-su-tu0 is a small African nature that President Trumpthreatened wi... more

There is a huge reliance on data to aid decision making – whether it’s Investors wanting t... more

In real terms the amount the UK spends on healthcare has risen from £500 in 1970 to £3,000... more

Financial markets don’t like it when governments announce plans to spend more money. That’... more

There’s been a lot of talk lately about de-dollarisation. In other words, global investors... more

There was an article in The Economist last week, shared widely in press around the globe, ... more

There’s an irony that the UK Chancellor Rachel Reeves has imposed an inheritance tax on fa... more

Bill Gates has predicted that within 10 years we’ll be working a two-day week, thanks to a... more

There are challenges that the insurance industry faces, even though it can look like a lic... more

The pandemic killed 200 thousand people in the UK. Are we ready for the next time? Experts... more

Economists seem conditioned to think that we need to suffer before an economy can get back... more

It’s clear to just about everyone that we won’t reach the climate targets set out in the P... more

A key policy area of Modern Monetary Theory is the idea of a job guarantee.There might be ... more

Why is it, that whilst there are an increasing number of billionaires on the planet, the r... more

The standard excuse for why states fail is the rampant printing of money.That certainly do... more

In 1944, at Bretton Woods, 44 countries agreed to make the US dollar the world's reserve c... more

It’s clear that President Trump lied to the American people about his reciprocal tariffs. ... more

It’s often the easy excuse on how to fix the problems of wealth inequality - just tax the ... more

It’s likely that many countries around the world will face import tariffs in retaliation f... more

Are we kidding ourselves when we talk about an energy transition? Sure, we are using more ... more

Donald Trump is doing everything he can think off to improve the US economy. Tariffs, cutt... more

In a recent podcast Phil suggested that bringing manufacturing home to America won’t neces... more

Donald Trump, as the world’s highest profile climate change denier, has famously said, rep... more

Reciprocal tariffs could be coming to every OECD country if we believe everything Donald T... more

The new US Treasury Secretary Scott Bessent recently re-iterated the US desire to remain a... more

Phil asked Steve a lot last week about how bank create money through the loans they issue.... more