The government has been talking as if it understood Keynesian economics, but its reaction to the $60 billion JobKeeper black hole shows they clearly do not think or act like Keynesians. Richard Denniss unpacks the spectacular failure of policy and accountability, as well as explaining what Keynesians economics actually means.
Ebony Bennett, deputy director of the Australia Institute // @ebony_bennett
Richard Denniss, chief economist of the Australia Institute // @RDNS_TAI
Producer: Jennifer Macey. Montage by Lucy Luo
Theme music is by Jonathan McFeat from Pulse and Thrum