show episodes
 
Each week Phil Dobbie and Roger Hearing get to grips with one issue that impacts our lives. It could be economic, social, technological or geopolitical. Whatever the subject, they'll talk to the experts who can give help explain what's really going on. And Phil and Roger back it up with their own research and opinions. It's half an hour to get across one of the key issues of the time, and they promise, it'll never be boring. Hosted on Acast. See acast.com/privacy for more information.
  continue reading
 
Artwork

1
Balls Radio

Phil Dobbie

Unsubscribe
Unsubscribe
Monthly
 
Balls Radio is like talk radio, but for thinking people. Now a short regular occurrence, Phil Dobbie offers his opinions on what's happening, in the UK and overseas: politics, social policy, economics, science, religion. Yes, it's another, slightly overweight middle-aged white man telling the world how it should be. But there's nothing alt-right about Balls Radio. And we try and have fun along the way.
  continue reading
 
Loading …
show series
 
Growth in our economy - that’s what politicians tell us we need. But do we? And what sort of growth? And won’t that just hurt the planet even further? Is expanding GDP the only way to keep us all happy and comfortable? Daniel Susskind, Professor of Economics at King’s College, London, gives Phil and Roger his view - that growth IS necessary, but th…
  continue reading
 
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 …
  continue reading
 
A dictator set to succeed in grabbing another sovereign nation, and challenging, with tanks and missiles, the political landscape of Europe - is this, as the Polish prime minister says, our 1939? Should the West be ready for the collapse of an arms-starved Ukraine, and a victorious Vladimir Putin poised to challenge NATO right on its borders? If Do…
  continue reading
 
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…
  continue reading
 
Populist parties are gaining ground - Reform in Britain looks likely to be a major challenge for the Tories. And Donald Trump's MAGA movement looks set to propel him into the White House in November. Across Europe, too, and in Brazil, the Philippines and Turkey, we have seen the rise of groups appearing to take on the establishment on behalf of the…
  continue reading
 
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…
  continue reading
 
What’s happened to electric cars? Weren’t we all supposed to be driving one by now? Is it the cost, the range or the lack of charging points? Is the government still on track to phase out new petrol cars, and reach net zero on emissions? Tom Stacey of Anglia Ruskin University steers Phil and Roger through the complexities of electrifying the drivin…
  continue reading
 
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…
  continue reading
 
Our prisons are at breaking point - too many inmates and not enough cells. How did we get to the point of having more a higher proportion of the population behind bars than any other country in Western Europe? Why do politicians promise “tough on crime” sentences, without providing the means to deliver that? And does prison work, anyway? More than …
  continue reading
 
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…
  continue reading
 
What happens when the bins aren't collected, the roads are full of holes and the libraries are shut - because the council's gone bankrupt? That's the dilemma facing local government. Europe's largest local authority, Birmingham, has just issued a notice saying it's effectively gone bust. Many others have done the same or are about to. So what has g…
  continue reading
 
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…
  continue reading
 
Gaza casts a long shadow. In the midst of an economic crisis, in an election year, with transport, education and the NHS all limping along, what is the dominant subject, splitting parties and deciding by-elections? A war 2,000 miles away, over which the UK has next to no influence. Allegations of Islamophobia and anti-semitism are rife across the p…
  continue reading
 
The UK Debt Office has started selling bonds to retail investors through the primary market Previously the only way you could buy government bonds was through financial institutions, through ETFs, for example. The reason giving for opening it up to consumers is that it will allow them to “contribute more significantly to meeting the overall financi…
  continue reading
 
It’s a question taxing Jeremy Hunt - cut back on what we all pay to the government, or use his small surplus to prop up schools, hospitals and other neglected public services? Is his budget intended to rescue the UK economy, or to try to lessen an imminent Tory election defeat? Frances Coppola, the economist and author of “The Case For People’s QE”…
  continue reading
 
Elon Musk has his fingers in many pies. Social media, space travel, internet access, AI. Even tunnel drilling. He’s grown from developing a modest series of online city guides, to being one of the richest men on the planet. Is he a genius, or simply a Trumpesque style wheeler and dealer? This week phil – not a big fan – asks Steve – massive fan – w…
  continue reading
 
Why are the prospects for young people so much worse than for their parents’ generation? They can’t buy a house, their rents are extortionate, they have a massive student debt and there’s no job security, plus they’re inheriting a climate-damaged planet. Is it all down to the greed of the baby-boomers? Or are feckless, apathetic work-shy, oversensi…
  continue reading
 
The concept of American Exceptionalism has been talked about for decades, mainly by Americans. Now the term is back in vogue because the US has shown the fastest recovery from the pandemic and subsequent inflation. It’s also a period of intense speculation in US shares, driven by phenomenal rises in the value of big tech stocks. Is this something t…
  continue reading
 
Should we have the right to end our lives in the way we choose - with others allowed to help us? Euthanasia is back on the agenda after a number of celebrities pushing for a change in the law. But what about the risks - the sick and elderly feeling they are a burden to be dispensed with? The devaluing of life itself? Dr Sam Carr lecturer at the Dep…
  continue reading
 
Rishi Sunak, like most politicians, is adamant that he can grow the economy by getting businesses to be more productive. But can businesses really grow the economy by themselves, if the government just gets out the way? You might think that by employing more people, or creating more widgets, you are helping the economy. But there’s one big constrai…
  continue reading
 
Donald Trump could be back in the White House this time next year. Politicians from London to Berlin to Canberra are scratching their heads about how to deal with another season of Trump World - he’s promised to end the Ukraine war in one day, threatened to leave NATO, do deals with authoritarian leaders in Beijing and Moscow. Can the familiar west…
  continue reading
 
Have central banks waited too long before dropping interest rates. Over the last week or so we’ve had Jerome Powell, the Governor of the Fed, saying inflation is coming down but they want to see more data before they’re convinced enough to drop rates. The Bank of England’s Andrew bailey said pretty much the same thing. And the ECB. But, as Phil and…
  continue reading
 
Many thousands of people are in prison for crimes they didn’t do, and their chances of getting their cases reopened are minimal at best. The Post Office scandal showed how hard it is to reverse a miscarriage of justice, even when the truth is obvious to all. The Criminal Cases Review Commission is slow and inefficient, as has been shown by recent h…
  continue reading
 
Yanis Varoufakis joins Steve nd Phil this week to talk about the thinking behind his new book technofeudalism. The ‘cloudists, as he calls them, aren’t operating in the market, they have replaced the market. They learn from us tell us what we want to buy and then sell it to us. Their capital is the algorithm they have developed, but also the inform…
  continue reading
 
Unheated classrooms, cancelled trains, delayed operations, potholed roads - it’s hard to avoid the impression that the UK isn’t working properly, that our systems are failing, that something has gone badly wrong. Is this because we have failed to invest? Have we outsourced pubic services to companies that have no interest in maintenance? Or do we h…
  continue reading
 
If Trump has one sensible policy its his drive to reindustrialise America. Since he left the Oval Office we’ve had global supply chains challenged by the pandemic, wars and a downturn in economies we used to rely on for cheap goods. The financial advantage of outsourcing to Asia is losing some of its gloss, and the uncertainty of supply has to be a…
  continue reading
 
The UK and US launched air strikes on Houthi rebels in Yemen after their missile-attacks on international shipping - could this all turn into a regional conflict? London and Washington tell Iran to stay out, but its backing for Hamas in Gaza, Hezbollah in Lebanon and the Houthis suggests it’s already involved. So can this be stopped from exploding …
  continue reading
 
Is it right that the growth opportunities of businesses are determined by the vagaries of the finance markets. Companies wanting to raise debt through bonds or bank loans face higher costs right now because of the rise in interest rates. Someone with a great idea could be held back because of the cost of borrowing. Whether its borrowing or issuance…
  continue reading
 
It's the biggest year in the history of democracy - more than half of the people on earth have the chance to choose, through the ballot box, who governs them. So why is democracy - the system that gives the ultimate power to the people - in such deep trouble? Autocracies like China say their form of government works better. "Illiberal" democracies …
  continue reading
 
As you’ll hear at the start of this week’s podcast Warren Buffet isn’t a big fan of private equity firms. He says they lie, so they are not a good choice for investors, like pension funds, for example. But they are even worse for the companies being acquired by private equity funds. Morrisons is an example. A successful supermarket chain with a lon…
  continue reading
 
It's going to be a momentous year in British politics, with a Tory administration staggering towards what almost everyone thinks will be an electoral wipeout, and a Labour leadership desperate to avoid any mistakes on their path back to power. In Scotland the SNP are looking at the damage from a year of savage headlines, and, among the smaller part…
  continue reading
 
The UK government has been refusing the pay demands of young doctors in the UK who held a series of strikes in 2023. Their argument is that pay has been declining in real-terms since 2008. Unless pay catches-up there will continue to be a drain of new recruits, which will impact patient safety and put undue pressure on those left working in the NHS…
  continue reading
 
A look back at the highlights of 2023 on WhyCurve.com . Phil and Roger covered everything from tax-cuts to racism, from AI to Rwanda, with experts and researchers. So here's a New Year gift - their pick of the best and most insightful discussions of the past year or so. Featuring: Michele Groppi of the Defence Studies Department at King’s College, …
  continue reading
 
Loading …

Quick Reference Guide