Season 1 · Episode 38
Regional wealth diversity – how economics ignores the dimension of space
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
April 20, 201723m 54s
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Show Notes
London and the southeast accounts for a third of the UK’s gross disposable household income. The rest of the country somehow scrapes by. But it’s clear to see why. The proximity to other businesses means investment in London creates a greater return than any other region. In this edition of the Debunking Economics podcast Phil Dobbie asks Professor Steve Keen whether the government should be involved more in regional investment, or will the laws of economics sort it out for itself.
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