The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and complicated by so many.I’ve always thought what is complicated is rarely important and what is important is rarely complicated.That will be our motto.Every week we are going to tease out some big economic or political issue facing us, not just here in Ireland but in Europe and further afield. Globalisation has brought us all together. We all face similar challenges whether you live in Dublin, London, Minnesota or Milan.If you would like to enjoy all of our content ad-free and have early access to episodes, subscribe to DMCW+ on Apple Podcast.If you would like to support the show, please consider becoming a patron at www.patreon.com/DavidMcWilliams. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.
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Gesamtlänge aller Episoden: 12 days 9 hours 15 minutes
episode 12: Immigration Part 2: Is immigration a class issue?
On last week’s episode we discussed the fact that immigration is good for the economy in the aggregate, but is it good for everyone? As with most things, poorer people and richer people experience life and its challenges differently. Poorer people compete with new immigrants in the housing and jobs market, as well as for public services. This creates tensions. We examine these social tensions, and look for some solutions.
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episode 13: The great China/USA breakup
This week's Chinese balloons are only the latest sign of tension between the two superpowers. The relationship between China and the US has deteriorated drastically in the last decade - what happened? Today we explore how China transformed itself from a simple producer to a high-tech producer, how that impacts their relationships on the global stage and why microchips are the epicentre of a trade and technology war that will define the coming decades.
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episode 14: The housing fix might be here - if we hold strong
It’s finally happening, the government is going to tax vacant land! Or at least, they’re thinking about it. As a listener to the podcast, you'll be aware that taxing land to bring it into use has been a cornerstone of what is necessary to bring about a more efficient use of land. Not surprisingly, those with most to lose - major landowners/speculators are pushing back. This fight is the future of housing in Ireland (and everywhere). The State must hold the line and win...
episode 15: In defence of Democracy
On the eve of the invasion of Ukraine, we examine how fragile this idea of liberal democracy, where the individual is valued and protected, has become. Yes it has its problems and yes, on a number of fronts, it has not delivered for all, but would you change the combination of liberal democracy and capitalism? There are alternatives out there, I'm not sure I'd like to live in any.
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episode 16: Addressing land capture and the new face of the world bank
The way out of the housing crisis, both in Ireland and abroad is going to require us to think as a collective and reject individualistic, speculative instincts. Let’s look at what can be done to create better cities and communities, it’s actually pretty simple.
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episode 17: Russia - A Giant Hostage Situation?
In the mindset of the West, Russia is a big, significant, military power with significant resources, but is this perception based in reality? Is the reality that Russia is a decrepit state that has failed its people and ransacked its resources? Have the Russians done what they've done for years, which is lie and spin about its real potential, taking hostages and threatening all around them? In truth it's a large, leaky petrol station with nukes...
episode 18: The end of economists
AI has really come into its own in 2023 with the mainstream use of ChatGPT - but beyond the headlines and the initial curiosities, what does the ascent of AI mean for our economy and our society?
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episode 19: The UK is stuck in a political, economical and social cul de sac is there a way out?
This week we visited the richest and poorest parts of the UK and it didn't feel right. London, so long the dynamo for productivity, growth and taxation is spluttering and stagnating, while up the road in Northern Ireland; the poorest people now have a healthy life expectancy on par with Sierra Leone. Something has to give. What are Britain's options, will it take them or is the national decline now endemic and irreversible?
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episode 20: SVB Bank Run. Is 2023 a re-run of 2008?
We explain why SVB went bust, why yield curves matter and what comes next. Banks go bad from the inside out, but is this the first or the last bank crash of 2023?
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episode 21: On St Patricks Day, a US State of the Nation special with Bernie Sanders
On St Patrick's Day we go to the US, home to thirty five million Irish/Americans - there are only 7 million of us on the island. In the country that, more than any other, has been shaped by Irish immigrants, we take the pulse of the US with Brooklyn's finest, Bernie Sanders. We chat about the deep problems that exist in the US, but also the way America can be renewed. Don't miss this one and Happy Paddies Day wherever you are. Plus we've got some brilliant new Irish music for you too...