Steve Keen has been exposing the ways mainstream neoclassical economists—including winners of the so-called Nobel Prize in Economics— have been arriving at their absurdly optimistic numbers regarding climate change, and they’re terrifying. In this interview with Colin Bruce Anthes, Keen goes through prevalent examples in detail and argues that these numbers and the methods behind them must simply be thrown in the garbage.
The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
Remembering Salvador Allende’s speech at the UN in 1972 and the call of world nations for a New International Economic Order, Harris Gleckman explains how global corporations were more effective at setting the rules. Lynn Fries interviews Gleckman on GPEnewsdocs.
A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Robert Johnson joins Paul Jay on theAnalysis.news.
Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project.
The Australien Government has made an ad about the national rental crisis, and it’s surprisingly honest and informative.
Rich fossil fuel states blocked real solutions at COP27, but what needs to be done is well known. People need to organize and elect candidates with a green agenda. Robert Pollin joins Paul Jay on theAnalysis.news.
Economist Bob Pollin says government stimulus and higher wages are not the primary drivers of today’s inflation. Higher interest rates are not the solution. Bob joins Paul Jay on theAnalysis.news.
Why did Corporate Democrats “cede” the economic argument? Are they really fighting inflation or trying to weaken worker’s bargaining power? Tom Ferguson joins Paul Jay on theAnalysis.news.
Richard Kozul-Wright describes the current state of global economic disorder, as presented in UNCTAD’s Trade and Development Report, and discusses the possibility and limits of effective regional responses. Lynn Fries interviews Richard Kozul-Wright on GPEnewsdocs.
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