Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society. Hosted on Acast. See acast.com/privacy for more information.
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Conspiracy theories
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Two guys debunking paranormal activity from the comfort of their living room
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Οτι ηθελες να μαθεις για την Διοικηση Ανθρωπινου Δυναμικου στην Ελλαδα. Απαντησεις στις αποριες για την αγορα εργασιας που δεν βρηκες απαντηση πουθενα.
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Debunks is your myth busting-guide to all the big science questions. We sort fact from fiction and tell you if something really is too good to be true.
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Podcast by Allison
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Debunked Media’s Podcast: This will range from politics, religion, drugs & psychedelics, life-choices, cultural divides, perspectives, and spirituality.
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Hello welcome to my podcast, I discuss many different things over a wide variety of topics, if you have any suggestions please let me know :)
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Podcast aims to debunk popular atheists.
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ESG and sustainability demystified and simplified by experts
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Do feminists just hate men? Is the gender pay gap even real? Join Aileen (@tindertranslators) and Dan (@the_nice_ish_psychologist) as they take on the myths of the manosphere, one 'fact' at a time. Content note: there will be sexism, and lots of swears. Hosted on Acast. See acast.com/privacy for more information.
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Andrea Clegg from Auriga Advoates talks us through the law and defence when it comes to road traffic offences. In part one, we cover drink & drug driving and the impact of the recent weather on our roads and the possible consequences as a result.
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This podcast discusses stereotypes surrounding Big 10 schools, specifically stereotypes surrounding The Ohio State University. Cover art photo provided by David Jorre on Unsplash: https://unsplash.com/@davidjorre
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Welcome to a knowledge-packed podcast that offers a comprehensive exploration of the latest trends in the online selling, marketing, and business world. Join our esteemed host, Kaitlyn Ash, along with two expert guests who have achieved remarkable success scaling their businesses to 6 figures and beyond. Together, they provide invaluable insights on potentially confusing or controversial subjects, shedding light on both the positive and negative aspects of each discussed topic or trend, empo ...
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Mother-daughter duo Christine (PhD, Psychology) and Shannon Curley (MA, Communications) discuss all the things that sex ed (and your parents) never told you. We will debunk myths about sex by discussing sex education for life, affirmative consent, sex positivity, gender roles, sexual communication, hookup culture, and what all those letters in the LGBTQIAA spectrum really stand for. Featured in: AASECT – https://www.aasect.org/podcast-award Rhode Island Monthly – https://www.rimonthly.com/se ...
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The UK Labour party seems top have scored another own goal, with their inheritance tax on family farms. Previously farms were exe pt from inheritance, but that meant wealthy landowners, with massive stately homes set in sprawling estates could buy a few sheep and claim they were a farm. Hence, the government limited the exemption to properties wort…
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The economics of irresponsibility
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38:46
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The classical economic assumption, from the days of Adam Smith, is that we all have free will and this freedom ensures the best possible outcomes for the economy, provided those decisions are based on greed and self-interest. This week’s episode opens with a student questioning Milton Friedman about the freedom of a man who couldn’t afford to pay h…
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Britain’s capex crisis and how to fix it
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Ever wondered why Britain’s roads are riddled with potholes, why the trains keep breaking down and why there aren’t enough hospital beds? Simple. Britain is not making enough capital investments. Taking the public and private sector together, it amounts to about 6 percent of GDP, well below the 22% in the US - which has its own infrastructure probl…
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Co-ops change the game
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31:49
Steve Keen says he builds his economic model based on the motivation of three types of actors. First, the worker, who wants to maximise his or her wage. Then there’s the capitalist who wants to maximise profits. And the financiers who wants to lend out as much money as possible with the best possible returns. How does Steve’s model change if most b…
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The cycles of the economy
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36:31
What causes an economy to fall from a peak? Many economists will argue it’s exogenous shocks but, as Phil and Steve discuss, there’s not too many of those around. Maybe COVID was one, but even that came about because our economic system has drawn us closer to wildlife habitats. Or is it a lack of resources? We run out of capacity to produce more, w…
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It’s a sad fact that war can pay. The US arms industry is one major beneficiary. The UK is a long way behind, but it also a big supplier of armaments to the world. If governments of the world upped their defence pending to 3 percent of GDP that would see a massive increase in demand for weaponry. In Britian’s case it could re-engage the manufacturi…
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Have marketers made Marx surplus to requirements?
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36:26
Phil tells Steve that he’s always struggled with Karl Marx’s idea of surplus value. The idea that workers work for themselves, then a bit more to create the profit for a business. Phil says, that seems like a cost-plus approach, whereas in his marketing days, it was all about creating a brand that people would pay more for. The extra value was crea…
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Why is the US economy doing so much better than Europe?
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Europe and the US are both recovering from the same problem – COVID and the inflation that followed. But last week the Fed in the US dropped interest rates by half a percent, with markets expecting a soft-landing for the US economy. Europe, meanwhile, is struggling, with Germany’s economy heading backwards for more than a year. So, when the big dif…
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The Aggregate Problem
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The UK’s unemployment rate is 4.1%, the inflation rate is growing at 3.1% and the economy is growing at 0.6% quarter on quarter. That’s how the economy is doing, what more do we need to know? Well, it would be useful to know whether the unemployed are predominantly in certain income groups, or that income growth was greater in particular parts of t…
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We fought the pandemic and the war won
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36:59
The pandemic was the biggest economic disturbance since the second world war. In both cases supply chains were severely disrupted, either by German U-boats or, more recently, factories and borders closed to stop the spread of disease. On the face of it, though, we have got off relatively Scot-free. We haven’t seen the massive fall in GDP experience…
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A couple of years ago, when warning of the need to fight inflation, Jerome Powell, Governor of the US Federal Reserve says interest rate would rise and jobs might disappear. Yet, interest rates have risen, and unemployment hasn’t fallen anywhere near as much as expected. So, what’s going on? Does it mean, thankfully, that monetary policy isn’t work…
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The Old Age Liability
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Some call it the silver tsunami. The wave of old people putting pressure on government budgets. And, as baby boomers retire and young people produce less and less children, western populations will continue to age. That means less productive capacity and more people dependent on welfare. On today’s podcasts Phil & Steve talk through the three optio…
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Do men and women have inherently different brains? We discuss Gina Rippon's book The Gendered Brain and other research that takes this myth apart. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/manospheredebunke…
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Could stubborn central banks drive us to debt deflation?
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The last time interest rates were this high they came down rather fast. This time central bankers are determined to manage a slow unwind and deliver a return to growth without wreaking havoc on the economy. Will they be successful? This week Steve Keen argues the high interest rates are inflicting damage without treating the problem. Inflation is b…
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It’s not complicated! Doyne Farmer on a Better Economics for a Better World
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Complex systems don’t have to be complicated to provided deep insights into the real world. That’s the view of Doyne Farmer, special guest on this week’s podcast. It’s an approach he shares to economics with Steve Keen. Steve develops systems from the top-down, whereas Doyne’s work focuses on agent-driven bottom-up modelling. But they arrive at sim…
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Debt, savings and investments – how they really work
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It’s curious isn’t it how we talk about household savings, rather than net debt. Many people do have money squirreled away in savings accounts, for a rainy day. That rainy day comes when hey lose a job and need that cash to pay their mortgage. So we are saving to help pay off an existing debt at a later date. How cockeyed it that? A lot of that mon…
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Including energy in economic models. It doesn’t have to be that difficult.
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So, if economics is all about the allocation of scarce resources, isn’t energy the most scarce resource? And yet its not really included in any economic models. We look at labour and capital as the drivers of growth, but energy is just a contributor to those factors, not a key factor in itself. Yet without energy humans wouldn’t survive and machine…
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Our obsession with ownership
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We are obsessed with the need to own things, not least, our homes. But for younger people that is increasingly becoming a pipedream, unless they are lucky enough to gain a healthy inheritance. Even then it’s going to come later in life. In the meantime, we save like crazy, and even when we do get a house, we spend decades paying it off though a hef…
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Re-Release! Hypergamy and the 80/20 rule.
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Re-release! Hypergamy and the 80/20 rule. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). Aileen's book, Tinder Translator: An A-Z of Modern Misogyny, is available here. Visit The Nice-ish Rambling Substack page here. References from this week's episode: Men Who…
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Too big for their boots? Are bigger companies slowing the economy.
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The global share market has always been dominated by the US, now we’re seeing a number share of very large tech companies claiming a larger slice of that pie. Even though they are trading with price to earnings ratios well beyond the historic average, these companies won’t fail. They dominate the market, with billions of customers, low production c…
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Labour’s Energy Halfway House
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Labour has romped to victory in the UK and they need to get cracking on all their election promises. One of those is the creation of Great British Energy. Keir Starmer points to the number of foreign interests owning energy generation in the UK. But, as Phil highlights this week, foreign companies are also heavily invested in energy distribution an…
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Hidden homelessness in women
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It is a statistic universally acknowledged that men are more likely to be homeless than women. But is there more to it than that? Of course there is! Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/manospheredebu…
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Paying for our old age
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In the UK the proportion of the population aged over 65 has grown from 16 percent in 2000 to over 19% today. It’s a similar story throughout the western world as the population ages. That’s seen as an enormous liability for governments who will have to pay out pensions to their old folk. Hence the drive to get people to put money into private schem…
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Greens Manifesto: An Opportunity Lost
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Carla Denyer and Adrian Ramsay recently launched the Greens Manifesto in the run up to the UK election. Phil and Steve discuss it on this week’s podcast and conclude the one thing that seems to have slipped down the priority list, is all the green stuff. They talk about fixing broken Britain, like every party, and correcting wealth inequality. They…
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Is the gender pay gap real? Part 2
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We continue our exploration of the research into the gender pay gap, it's causes and it's nay-sayers. Subscribe to our Patreon: patreon.com/manospheredebunkedpod Freakanomics https://open.spotify.com/episode/2mZiqhhnBuFi0d4sYBSGCf?si=76RzG73yTfO2IaCN_mJggw More or Less https://open.spotify.com/episode/57loNMU62XWr3aU9UEQaVe?si=2mc5GXcZRhyicV88upwvc…
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The West’s vote on immigration
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The UK election debate changed tune when Nigel Farage agreed to stand for Reform, promising to cut migration and rid the UK of all the problems these nasty foreigners are responsible for. Elsewhere the recent European Union elections saw a sharp shift to the right, again driven by concerns over migration. If Donald Trump wins again in the US at the…
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Two parties obsessed with government debt
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Imagine if Keir Starmer, the UK Labour leader, had said, let’s not get too obsessed with government debt. If we go down that road we won‘t be able to provide the public services we need, our infrastructure will crumble further and we’ll simply see the country’s productivity erode further by the day. Unfortunately, he didn’t say that. Instead, he ha…
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Is the gender pay gap real?
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The gender pay gap... does it even exist? Like, really? (yes). Aileen takes Dan on a journey through the Manosphere's attempt to explain away the gender pay gap. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/ma…
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Rising margins, higher inflation, lower wages. No wonder you feel worse off.
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There’s been a debate brewing post-pandemic about how much inflation has been elevated by companies increasing their margins. The evidence of that is the increased profits, not just in the tech sector, which has helped increase the share prices of these companies, evidenced by record levels across the US share market indices. This week Steve Keen s…
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Productivity – the election winner that Rishi Sunak failed on
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The UK is heading to the polls on July 4th and the Conservative Party is heading for annihilation. Yet, when it comes to espousing sensible ideas from textbooks, Rishi Sunak had the making of a good Prime Minister. For example, tackling productivity by building the necessary infrastructure, investing in education and building cities and regions whe…
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Is feminism a scam? Travel with us to the intersection of wellness grifters, online misogyny and conspiracy theories! Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/manospheredebunkedpod Aileen's book, Tinder Tr…
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Trump's plan. Same old same old, only more so.
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Steve is on hols this week, so Phil takes a look back at a couple of Debunking Economics podcasts from just before Donald Trump took office. In many ways he stuck to his promises. He tried to cut immigration, he introduced protectionism with hefty tariffs on China and he cut taxes. Now he’s promising more of the same, although Biden might have beat…
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Should the wealthy get away with less tax?
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Should we tax wealth more? The UK’s Shadow Chancellor Rachel Reevs wouldn’t be drawn o the question at an FT forum recently. She said the UK is already a high taxing country. But around the world the wealthy are getting wealthier. Is that a bad thing? Some would say that if they are making money creating growth for the economy, then why would you w…
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UK Labour’s Half-Baked Nationalisation Plans
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UK Labour leader Keir Starmer has said if he wins the next general election, within 5 years he will have re-nationalised Britain’s railways. Phil asks Steve whether it naturally follows that this will lead to an improvement in services and lower fares? Steve reckons you any need to look at government run services elsewhere in Europe to answer that …
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Is Misogyny an Ideology?
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Following on from Aileen's last solo episode (episode 18), Dan dives into a look at how and why misogyny could be considered an ideology in relation to extremist attacks by men against women. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram…
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Cheap news is bad news
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The new industry is struggling to survive, with far reaching consequences on public accountability and democracy. Steve says part of the problem could have been fixed with a suitable micropayments system, so readers could consume articles without subscribing to papers in full. Phil’s not so sure, pointing to the fact that an increasingly large prop…
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Meet the "anti-feminists" [FULL EPISODE]
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Today we (bring you the FULL episode from behind the Patreon paywall and) enter the surreal universe of "anti-feminist" women with independent incomes and agency preaching about eating raw meat. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instag…
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There are two types of people who buy gold. Speculators who see it as a risk-adverse asset class to buy when other investments look a little shaky. There are also those who hold onto gold because they believe paper money has no intrinsic value and is therefore susceptible to collapse. Zimbabwe, who’s paper currency has been undergoing decades of in…
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Climate Change: Can we prioritise adaptation over mitigation?
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How effective are our current strategies against climate change? In this episode, Ravi Chidambaram welcomes Professor Benjamin Horton, Director of the Earth Observatory at NTU, to tackle this pressing question. They discuss vital climate change issues, debunk common myths, and explore the impact of the Paris Protocol. Professor Horton shares his in…
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Extremist misogyny: the manosphere and the mainstream
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This week it's a solo episode from Aileen, she reflects on the misogyny underlying the attack at Westfield Mall, Sydney, last week and calls out the ways in which mainstream podcasters and celebrities reinforce incel rhetoric. Support us on Patreon: patreon.com/manospheredebunkedpod Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslato…
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Will America ever be great again?
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Sadly for Donald Trump, America seems to have been doing quite well in his absence. It has weathered the pandemic and inflation better than most. GDP pr capita is rising faster than most places and consumer spending is on the up. In fact, the main reason the Federal Reserve isn’t cutting rates is because the economy is doing so well they don’t see …
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Meet the "anti-feminists" [TEASER]
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Today we enter the surreal universe of "anti-feminist" women with independent incomes and agency preaching about eating raw meat. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/manospheredebunkedpod Aileen's boo…
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Feige’s automated transaction tax – the simple answer?
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41:38
For a while now Dr Edgar Feige has been a proponent of an automated transactional tax. The idea is that we get rid of all taxes – income tax, sales tax, corporate tax, excise, capital gains, import and export duties, inheritance – and replace it all with a tax on all transactions Every transaction, which can be easily identified through bank accoun…
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Does immigration slow inflation?
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There’s been a lot of speculation lately about the role of immigration and its impact on inflation. Does a flood of foreign workers push down wages, which contains cost and keeps prices down? Conversely, did the low immigration levels post-COVID add to the wage pressures because, combined with sickness from COVID, there were a lot less people for e…
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Do feminists hate men?
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Do feminists hate men? We look at the misandry myth. Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/manospheredebunkedpod Aileen's book, Tinder Translator: An A-Z of Modern Misogyny, is available here. Visit The…
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End of the Rising Sun
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39:48
The Bank of Japan has just lifted interest rates for the first time in 17 tears. The central bank has kept rates in negative territory in the mistaken belief that it would encourage banks to lend an people to borrow, helping to boost their flagging economy. Steve Keen says it’s based on the mistaken belief that banks lend money from their reserve a…
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The economics of babysitting
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One analogy that economists like to use is that of the Capitol Hill Babysitting cooperative in Washington DC in the 1970s. Government workers set-up a babysitting group, where they to it in turns to babysit each other’s children, so they could enjoy nights out without paying for childcare. There were quite a few on the group, so payment was formali…
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Teaser: Manosphere dating advice
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This week Dan reads out some manosphere dating tips and Aileen... reacts. Full episode available at patreon.com/manospheredebunkedpod Manosphere: Debunked is hosted by Aileen Barratt (@tindertranslators) and Dan, the anonymous psychologist (@the_nice_ish_psychologist). We’re now on instagram! https://www.instagram.com/manospheredebunkedpod Aileen's…
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Hunt’s Budget Fantasyland
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44:59
The UK Chancellor Jeremy Hunt delivered what is almost certainly his last budget, promising the usual stuff – more investment, more jobs, better public services and lower taxes. And, miraculously, all of this will be achieved by lowering government spending. Despite the rubbery figures, Steve Keen argues that the budget ignores the key principle, t…
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Hospital Pricing and CA Overseeing Large Healthcare Transactions
32:57
32:57
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32:57
In this episode, co-hosts Arundhati Parmar and Samir Batra discuss unfair hospital pricing practices and how California is trying to lower healthcare costs by regulating large healthcare transactions.Arundhati Parmar, Samir Batra
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