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The BIGGEST Economic MYTHS Debunked by Steve Keen!

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Manage episode 493678798 series 3666419
Content provided by India and Global Left and Global Left. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by India and Global Left and Global Left or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Economist Steve Keen joins us to unpack Trump’s “Big Beautiful Bill” and what it reveals about U.S. economic thinking. We dive deep into current U.S. fiscal policy, the ongoing trade war, and whether any of it is actually grounded in economic logic — or just political spectacle.🔴🔴🔴Support Independent media to remain bold: https://patreon.com/IndiaGlobalLeftLink for donation: https://paypal.me/sankymudiar 🔴🔴🔴Steve explains why fears of large budget deficits are a myth, rooted more in superstition than real macroeconomics. We explore how the dominance of the U.S. dollar creates a unique but contradictory position for the American economy — allowing endless spending abroad, while hollowing out domestic production.We wrap up with a rapid-fire quiz on famous economists — from Milton Friedman to Keynes to Marx and Smith— where Steve gives hilarious and biting one-liners on what they got right (or wrong).👉 If you're tired of mainstream economic nonsense, this episode is for you.🔴🔴🔴Follow us on Substack: https://substack.com/@indiagloballeftTwitter: https://twitter.com/Indiagloballeft Instagram https://www.instagram.com/indiagloballeft/ Facebook: https://www.facebook.com/profile.php?id=61559411353392Spotify: https://open.spotify.com/show/69Y9iCWUv8ha3ATsPWtWk0?si=ee1f0de3de094f17Telegram: https://t.me/+WNlqoiv1Rhg5NjEx🔴🔴🔴#SteveKeen #USEconomy #TrumpBill #BigBeautifulBill #DeficitMyth #Neoliberalism #TradeWar #USDollar #MMT

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55 episodes

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Manage episode 493678798 series 3666419
Content provided by India and Global Left and Global Left. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by India and Global Left and Global Left or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Economist Steve Keen joins us to unpack Trump’s “Big Beautiful Bill” and what it reveals about U.S. economic thinking. We dive deep into current U.S. fiscal policy, the ongoing trade war, and whether any of it is actually grounded in economic logic — or just political spectacle.🔴🔴🔴Support Independent media to remain bold: https://patreon.com/IndiaGlobalLeftLink for donation: https://paypal.me/sankymudiar 🔴🔴🔴Steve explains why fears of large budget deficits are a myth, rooted more in superstition than real macroeconomics. We explore how the dominance of the U.S. dollar creates a unique but contradictory position for the American economy — allowing endless spending abroad, while hollowing out domestic production.We wrap up with a rapid-fire quiz on famous economists — from Milton Friedman to Keynes to Marx and Smith— where Steve gives hilarious and biting one-liners on what they got right (or wrong).👉 If you're tired of mainstream economic nonsense, this episode is for you.🔴🔴🔴Follow us on Substack: https://substack.com/@indiagloballeftTwitter: https://twitter.com/Indiagloballeft Instagram https://www.instagram.com/indiagloballeft/ Facebook: https://www.facebook.com/profile.php?id=61559411353392Spotify: https://open.spotify.com/show/69Y9iCWUv8ha3ATsPWtWk0?si=ee1f0de3de094f17Telegram: https://t.me/+WNlqoiv1Rhg5NjEx🔴🔴🔴#SteveKeen #USEconomy #TrumpBill #BigBeautifulBill #DeficitMyth #Neoliberalism #TradeWar #USDollar #MMT

  continue reading

55 episodes

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