Everybody likes free, and the Internet is bursting with free services. But as companies try to figure out how to make money, consider a cautionary tale about free doughnuts and the Red Cross.
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Pete Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today.
Newsnight Economics Editor Paul Mason interviews the controversial economist Steve Keen before an audience at the LSE. Keen was one of the few who predicted the 2008 crash.
Steve Keen has been on the Radio 4 “Analysis” programme on 4th June (at 8.30pm).
Newsnight Economics Editor Paul Mason interviewed the economist Steve Keen before an audience at the London School of Economics.
Keen was one of a small number of economists who predicted there would be a major financial crisis before the 2008 crash. He argues that if we keep the “parasitic banking sector” alive the economy dies, and says that conventional economics provides an unwitting cover for “the greatest ponzi schemes in history”.