Season 1 · Episode 11
Why Debt is Like Sex With Accountants
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
December 6, 201630m 15s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Prof Steve Keen explains to Phil Dobbie why economists have got their theories wrong because they have misunderstood the role of double entry book-keeping. That means, argues Steve, this episode will be particularly exciting for accountants – perhaps the most fun they’ll ever have. And we discover why government debt is generally a good thing, but too much private debt can be destructive.
Hosted on Acast. See acast.com/privacy for more information.