The David McWilliams Podcast

This week, we’re diving into Germany's political shake-up as the country heads for a snap election this February. Beyond coalition drama, there’s a deeper story here: Germany’s cultural obsession with saving and fiscal restraint—a "fetish for frugality" that hasn’t always served them well. Seen as both a national virtue and a strict economic doctrine, balanced budgets are gospel, and spending is often viewed with suspicion. How will this election impact Germany's economic direction? And could a new leadership shift the country's stance on growth, flexibility, and spending? Join us this week to find out.

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Live from Kilkenomics, we unpack the ‘Trump Epoch,’ a transformative shift that’s reshaping America and reverberating across the globe. From disrupting political dynasties to setting the stage for a new supercycle, we dive into how Trumpism is redefining the world’s economic and political landscapes. Expect a deep dive into the rise of disaffected voices, shifting priorities like immigration and cost of living, and the lasting impact of this new era. If you’re curious about where America—and by extension, the world—is headed, this episode maps out the road ahead.

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The unthinkable has happened: Donald Trump has swept the Presidency, Congress, the Senate, the popular vote—even the Supreme Court stands behind him. In today’s episode, we dive into the five emotional stages America seems to be racing through, from denial to acceptance, as a the Trumpquake sends shockwaves across the world. With Bitcoin soaring and alliances shifting, what does this all mean for the globe—from an empowered Netanyahu in Israel to an isolated Europe led by a wary Berlin? We’ll explore the billionaire backers pulling strings, the curious coalition of Bitcoiners and evangelicals in Trump’s camp, and the simmering question of whether this mandate signals peak plutocracy. Tune in as we confront the realities of this bold new era—where old rules don’t apply, and power takes on a whole new meaning.

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In this episode, we delve into the essence of power ahead of the American election. What happens when the warrior, priestly, and merchant castes converge—and who ends up on top? We explore how the modern United States exemplifies this ancient struggle through its billionaires, technocrats, and military-industrial complex. With billionaires investing nearly $700 million into the election, we ask: does this solidify their dominance, or could we be nearing a tipping point, a "peak billionaire" era? From McKinley's front-porch politics to Roosevelt's crackdown on the robber barons, history has lessons for today's plutocrats. Could the pendulum swing against them again?

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We’re in the final minutes of one of the most consequential American elections ever—and the stakes are high. We're back with Mark Blyth to explore what a Trump victory might mean for the world. Picture this: the return of 19th-century tariffs, mass deportations, and a push to bring American multinationals back home. What’s at risk for global trade, jobs, and even the power of NATO itself? With 14% of Ireland’s jobs tied to U.S. companies, the world could be on the verge of a seismic shift. So here’s the question: if Trump wins, how ready is the rest of the world to play by a new set of American rules?

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I'm up in Glasgow and we're devoting this podcast to all things Scottish, kkicking off with the amazing Scottish Enlightenment. Why did 18th-century Scotland emerge as a crucible for radical ideas, drawing intellectuals, inventors, and innovators alike? The Scottish Enlightenment marked an era where thinkers like David Hume and Adam Smith thrived amidst newfound economic growth, sparked by an influx of wealth from trade routes and ventures (like Scotland's ill-fated attempt to build a canal in Panama). But unlike France, where revolutionary fervor overthrew established order, Scotland’s intellectual revolution developed under the stability of the British Empire, with Scots integrating into its growing power. As thinkers flocked to Glasgow's and Edinburgh’s salons and Masonic lodges, they fostered advancements in empiricism, economics, and even steam technology, laying foundations for the industrial age. With Ireland facing a similar boom today, we explore whether prosperity will again inspire an era of transformative thinking.

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In this episode, we dive into the decline of Dublin’s inner city, a reflection of urban decay across the English-speaking world. Drawing on Jane Jacobs’ urban theories, we explore how cities like Kreuzberg in Berlin and Hackney in London turned around from dereliction to thriving hubs—and ask whether Dublin can do the same. We discuss the importance of repopulating cities with residents, not just tourists, and why mixed-use spaces are crucial for community vibrancy. Can initiatives like “meanwhile use” transform dead zones into lively areas again? Or is Dublin—and cities like it—stuck in a cycle of neglect and decay? Join us as we explore the future of urban living and what it will take to revive dying cities.

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As the U.S. election looms, we take a hard look at how this pivotal moment could reshape the country. With Donald Trump pulling ahead in key swing states while working at McDonalds, the stakes are higher than ever. Joined again by Tom Frank, we dive into the potential consequences of a Trump victory—authoritarianism, economic upheaval, and the erosion of America's institutions. How could Trump’s policies and the cult of personality around him impact the U.S. economy and democracy? Will the billionaire-backed push for tariffs and mass deportations lead to a recession? As America edges toward a defining moment, we explore the unsettling parallels with other failed states and ask: Can U.S. institutions withstand another Trump presidency?

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In this episode, we break down the Nobel Prize in Economics awarded to Darren Acemoglu, Simon Johnson, and James Robinson for their work on development economics. Their central claim? Strong institutions are the key to national success. But is that the whole story? With the richest 20% of countries now 30 times wealthier than the poorest 20%, we ask if focusing solely on institutions ignores deeper issues like geography, culture, and historical legacy. From South Korea’s meteoric rise to Jamaica’s recent turnaround, we explore whether stable institutions are enough to solve the world’s growing inequality. Are these Nobel winners missing something critical, or is this a blueprint for global prosperity?

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In this episode, we dive into a rising question: could the European Union impose economic sanctions on Israel if the conflict continues to escalate? As Israel’s largest trade partner, the EU holds significant economic leverage, and with public opinion across Europe shifting, sanctions could become a powerful tool to apply pressure. Drawing on historical examples like South Africa and Russia, we ask: could Israel be the next nation to face international economic isolation? What would that mean for the region, and could it actually stop the bloodshed? As the ground shifts quickly in global politics, we explore whether what seems impossible today could become reality tomorrow.

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This week, we’re stepping away from the usual economic focus to dive into the culture wars dominating U.S. politics as the election looms. Despite strong job growth, voters seem more driven by cultural identity than economic gains. With Thomas Frank, author of What’s the Matter with Kansas, we explore why the working class has shifted towards the Republicans, while Democrats have embraced the highly educated elite. Frank breaks down how these cultural divides are playing out in key swing states, revealing how identity, not economics, has become the driving force behind voter decisions. As we head into one of the most consequential elections in recent history, we have to ask—will culture continue to overpower economics at the ballot box?

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As tensions rise between Israel and Iran, the global energy market is feeling the strain. Oil prices have jumped from $72 to $78 per barrel, and any further escalation could disrupt key producers like Saudi Arabia, Qatar, and the UAE, pushing prices even higher. With Israel attempting to provoke Iran into a wider conflict, the U.S. is caught in a delicate balancing act, trying to avoid being drawn in while managing domestic inflation and rising gas prices. For Ireland, already suffering from the highest energy costs in Europe, this adds a dangerous layer of pressure. With 80% of its energy imported and an overburdened grid, the country is highly vulnerable to global shocks. Despite Ireland’s potential for wind and wave energy, slow adoption of renewables leaves households and businesses exposed to soaring costs. This geopolitical turmoil could deepen Ireland’s energy crisis, highlighting the urgent need for infrastructure upgrades and a more serious commitment to energy independence. The question remains whether Ireland will take decisive action or continue to bear the brunt of an unstable global market.

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In this episode, we're diving straight into the escalating tensions between Israel and Iran. As missiles fly and regional powers realign, we break down what’s really happening on the ground and why the Middle East is more volatile than ever. With Hezbollah in the mix, and Iran’s influence spreading across Lebanon, Gaza, and beyond, we’re looking at how Israel’s aggressive strategy could lead to something much bigger. We'll also dig into how the U.S. and Europe are responding, or not responding, and why falling oil prices are shaping this crisis in surprising ways. Stay with us as we unravel where this all might be heading and what it means for the future of the region.

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In this episode, we turn our focus to the Middle East, specifically Lebanon, a country currently at the epicentre of political and economic turmoil. Joined by Lebanese economist Carole Nakhle, we dive into the complexities of Lebanese society, a nation shaped by hyperinflation, war, and a delicate balance of religious and ethnic factions. Carole shares her personal experiences growing up in Beirut, and we explore how the economic crisis, worsened by years of corruption and political instability, has led to one of the worst financial collapses in modern history. From the ongoing conflict with Israel, Hezbollah's role in Lebanon, and how the broader geopolitical tensions in the region—especially between Israel, Iran, and the U.S.—are shaping Lebanon’s future. Carole provides invaluable insight into the Lebanese diaspora’s impact, the dynamics of Hezbollah’s social and economic influence, and why the current situation is so critical. A must-listen for anyone seeking to understand the complexities of the Middle East through the lens of Lebanon’s tragic yet resilient story.

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 In this episode, we take a hard look at Germany’s current crossroads, where economic fragility and political tensions collide. Once the bedrock of European stability, Germany now faces challenges like the rise of the far-right AFD party, factory closures at Volkswagen, and energy crises driven by its dependency on Russian fuel. We explore the deeper cultural and historical factors at play, diving into the uneasy relationship between East and West Germany, the legacy of Angela Merkel’s policies, and the country's strained stance on immigration. With the help of historian Katja Hoyer, we unpack why Germany’s once rock-solid economy and political center are starting to crack—and what that means for the future of Europe.

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In this episode, we dive into the fascinating resurgence of vinyl and its surprising resilience amidst the digital age. We explore the economics of vinyl, the history of the music industry’s evolution, and how formats like CDs and streaming disrupted the landscape. Vinyl, once thought to be on the brink of extinction, has made an extraordinary comeback, and we're here to find out why. From independent record shops keeping the flame alive to the unique cultural experience vinyl provides, we look at how this format has redefined the music experience across generations. We speak with Graham Jones, author of The Vinyl Revival and the Shops That Made It Happen, to get his insight into the ongoing revival. Graham takes us through the vinyl resurgence, Record Store Day, and how independent record stores played a pivotal role in keeping vinyl alive. 

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This podcast episode dives deep into the complexities of the Apple tax ruling and its broader implications for Ireland's economic model. We explore how Ireland's low corporate tax strategy, which began in the mid-20th century to attract foreign capital, evolved into a cornerstone of its economic growth. The discussion touches on Ireland's historical emigration issues, the soft power of the Irish diaspora, and the country's role as a bridge between American corporations and the European market. We also unpack how Apple’s tax dealings with Ireland resulted in a €13 billion windfall, the legal challenges involved, and the potential reputational risks for both Ireland and multinational companies. With a focus on Ireland’s current housing and infrastructure crises, the episode argues that now is the time for bold political decisions—especially how best to spend the Apple windfall to address urgent public needs. Get ready for a mix of economic history, policy analysis, and insights into what lies ahead for Ireland.

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In this episode, we’re diving into one of the wildest stories in the book, involving none other than Adolf Hitler. Can you imagine money falling from the sky? That's what Hitler had planned—he wanted to defeat Britain by literally dropping millions of counterfeit pounds across the country. He believed that if he could flood the British economy with fake money, he could induce a Weimar-style hyperinflation and collapse the British war effort. It’s a story of forgeries, secret concentration camp operations, and a plot to cripple an entire nation with counterfeit cash.

Want to know how this insane plan almost worked? Well, grab your copy of Money: A Story of Humanity, and find out. Trust us, it’s not just about Hitler, there’s so much more—stories of people, civilizations, and how money shaped the world we live in today.

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This week, we delve into a fascinating hypothetical for Ireland’s future: could Conor McGregor really be our next President in 2025? From the quaint leadership of Michael D. Higgins, to McGregor’s brash, larger-than-life personality, the shift would be nothing short of dramatic. But what does this say about modern Irish politics and the world we’re living in? As global politics continues to throw us curveballs, we’re not ruling anything out. Beyond the political theatre, we turn our focus to a more grounded topic—progress. Sean Keyes from Progress Ireland joins us to discuss how his think tank is dedicated to solving Ireland’s infrastructure challenges, tackling the country's underperformance despite its huge potential. How can Ireland overcome its stumbling blocks and unlock a future filled with opportunities? We look at the bigger picture of what it really means to move forward in an increasingly complex world. Tune in for a discussion that spans politics, progress, and everything in between.

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This week, we dive into the shifting tides of the U.S. economy and its global impact on smaller countries like Ireland, who are deeply tied to American trade and investment. With the Fed’s balancing act of boosting stock markets while trying to control inflation, are we heading into another bubble? As inequality deepens, we ask what the upcoming U.S. election could mean for the global economy. Legendary short-seller Jim Chanos joins us to discuss why he believes we’re living in a “Golden Age of Fraud” and how investors are ignoring red flags. Are we returning to a 1970s-style economic era, but with new players like China and the rise of social media-driven distrust? We explore it all in this week's episode.

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This episode, we dive into the world of Taylor Swift to explore a Delicate issue—why Ireland’s housing market is stuck in a Blank Space. We’re taking a page from the Leaving Cert’s economics exam, using a question about Taylor’s ticket frenzy to understand the bigger picture of why we can’t seem to build homes, schools, and hospitals on time. It’s not just Bad Blood that’s holding us back—it’s a fundamental supply problem. Tune in as we break down how Ireland’s infrastructure could use a dose of Swift’s Style to get things back on track.

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In this episode, we kick things off by exploring the deep divides within the Arab world, tracing the roots of these fractures back to the early 19th century when two competing visions for Arab unity emerged. One vision, anchored in religious conservatism, sought to unify Arabs under the strict interpretation of Islam, as seen in the rise of the House of Saud and Wahhabism. The other vision, driven by figures like Muhammad Ali Pasha in Egypt, looked forward—envisioning a modern, secular, and industrialized Arab world. As we delve into these historical tensions, we connect them to the present day, questioning why Arab nations struggle to present a united front in times of crisis, like the ongoing conflict in Gaza. Alongside this, we touch on the broader geopolitical implications, from the influence of outside powers to the challenges of creating a cohesive Arab identity. It's a conversation that sheds light on the complex interplay of history, religion, and modernity in shaping the Middle East today.

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In this episode, we kick things off by delving into the secluded world of Jackson Hole, where central bankers and economic elites gather in a remote Wyoming enclave, musing over the fate of global economies while casting their lines into serene rivers. It's a world of high-stakes policy decisions and economic riddles, wrapped in the calm of the American wilderness. But while these powerbrokers debate interest rates and inflation, we take a hard look at the other side of the global economic coin. In the Mediterranean, once-thriving wine and olive farms are now casualties of globalisation, with local agriculture outpriced by industrial farming giants from Northern Europe. Meanwhile, tourism, driven by cheap flights and the Airbnb boom, has transformed these rural communities into seasonal hotspots—leaving them deserted for much of the year. It's a clash of worlds, from the plush isolation of Jackson Hole to the abandoned farmlands of Southern Europe, as we explore the very real human costs of our modern global economy.

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 In this episode, we dig into the UK’s recent social unrest with Andy Haldane, former Chief Economist at the Bank of England and now head of the Royal Society of Arts. We explore the deeper economic and social fractures that led to riots in marginalised communities and highlight the critical role of social capital—trust, community, and cohesion—as vital as roads and railways. Andy reveals how the breakdown of trust, fueled by social media and inequality, has left communities vulnerable. We challenge conventional economics, questioning whether governments are truly leveraging their financial power to fix these systemic issues. From Brexit to the erosion of trust in institutions, we discuss how countries like the UK and Ireland can rebuild through smarter public investment and stronger social connections.

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In this episode, we're kicking off with a classic Irish disaster—a ladder, a man, and gravity having a scrap, but then we're diving deep into something even more painful than a sprained ankle: Ireland's shocking inability to build anything on time or on budget. We're talking about the Children's Hospital fiasco, the never-ending MetroLink saga, and why, despite having buckets of cash, our state just can’t get the job done. But here’s the kicker: while Ireland is dragging its feet, places like Serbia are throwing up high-speed rail links in a few years, all thanks to the Chinese. And it’s not just them. Italy and Spain have cracked the code on getting infrastructure done without bankrupting the country. So, is it time we swallow our pride, bring in the experts, and let the Italians or Chinese sort out our mess? Maybe it’s time to accept that while we’re world-class at building pubs, we might need a little help with building, well, everything else. Let’s get into it!

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In this episode, we explore the dramatic downfall of a once-wealthy nation that is now one of the poorest: Venezuela. How does a country with vast natural resources find itself in such dire straits? We delve into the devastating effects of misguided economic policies, rampant corruption, and the political missteps that led to hyperinflation, mass poverty, and the collapse of basic services. Join us as we examine how Venezuela’s leaders, blinded by ideology and short-term gains, destroyed a thriving economy, and what lessons this holds for the rest of the world.

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This week, we delve into the growing crisis facing Dublin’s city center, exploring the troubling "donut effect" where the heart of the city becomes hollowed out due to rising crime, unaffordable rents, and a lack of residential footfall. Drawing parallels to the decline of once-thriving cities like San Francisco, we examine how Dublin’s vibrant center is at risk of becoming a ghost town. With commercial property vacancies on the rise and locals increasingly avoiding the city, the stats paint a worrying picture: a 2.5% decline in hospitality spending, 40% of people cutting back on visits, and a nightlife sector that’s half the size of New Zealand’s. The discussion highlights the urgent need for bold, strategic interventions—like the tax-driven revitalization of the 90s—to prevent Dublin from slipping into irreversible decline. Without decisive action, the vibrant, living city we know could soon be a thing of the past.

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This week, we delve into the unsettling reality that this generation in Ireland might be the first in two generations to be poorer than their parents. We explore the ripple effects this could have on career choices, social class, and societal structure. For years, class snobbery in Ireland has intrigued us, from the rigid social hierarchies of the past to the dramatic social uplift during the Celtic Tiger era. However, the end of this upward mobility could bring about significant changes. Drawing parallels with the U.S., where only 50% of those born in 1980 earn more than their parents compared to 90% of those born in 1940, we examine what this means for Ireland. The discussion includes the fascinating idea of "kitchen table capital," the influence of family environment on success, and how immigrants often fill critical roles in an economy. As Ireland potentially faces stalled social mobility, we foresee increased tension and division, similar to the culture wars in the U.S. This episode provides a compelling look at the future of social mobility in Ireland and the possible societal shifts ahead.

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With financial markets on edge, the world is anxiously awaiting the Fed’s decision on whether to cut or maintain historically high interest rates. In this episode, we dive into the profound impact these choices have on commercial property, exchange rates, and stock markets. We explore the 'wealth effect' of these rates, now around 5%, and what it means for the real economy. A sharp drop in non-farm payrolls to 115,000 jobs from an average of 250,000 raises concerns about the U.S. economic trajectory—could a recession be on the horizon? We also bring the discussion home, examining how these shifts impact Ireland, especially given our reliance on multinationals like Intel, which recently saw a 30% stock drop. The Fed's data-driven decisions are not unlike ancient Assyrian stargazing, blending science with a dose of guesswork in shaping our economic future.

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This week, we dive into the issue of inheritance tax in Ireland, asking if it's time for a rethink. With house prices skyrocketing by 62% since 2012, many middle-class families find themselves unexpectedly asset-rich but cash-poor, facing significant tax bills on inherited homes. We explore potential adjustments like increasing the tax-free threshold or adjusting tax rates based on asset types, such as land and property. Could these changes ease the burden on families while fostering a more dynamic economy? Should inheritance tax exist at all, or is it crucial for maintaining economic equality? We also delve into the history of inheritance, exploring post-colonial influences on the Irish psyche and the surprising alignment of libertarian and Marxist views on wealth distribution.

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This week, we delve into one of the most transformative shifts in economics and finance: the rise of e-banking, spotlighted by Revolut's meteoric growth. Revolut, a Lithuanian-born company now boasting 2.7 million Irish customers—nearly three-quarters of the adult population—has quickly transitioned from a simple travel card service to a major banking player. With recent licenses from the European Central Bank and the UK, Revolut is set to enter the mortgage market, leveraging its 45 million global users and disrupting traditional banking models with no physical assets. This digital upstart, now valued at around $45 billion, challenges established banks like AIB and Bank of Ireland, demonstrating how quickly the financial landscape is evolving. We explore how Revolut’s model compares to the historical development of money and banking, questioning the mainstream understanding of money creation and the role of banks. Tune in as we discuss how this 'Napster of Finance' is reshaping the industry and what it means for the future of money.

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What a week! The attempted assassination of Donald Trump, Joe Biden's unexpected withdrawal from the race, and Kamala Harris setting a fundraising record has thrown the U.S. political landscape into disarray. Dubbed a Gen X woman with Gen Z vibes, Harris has energized young voters, reminiscent of the Obama era. As Trump names J.D. Vance as his VP pick, we delve into the implications. Vance, a complex figure with a history of criticizing Trump, now embodies a unique mix of Elon Musk's innovation and Bernie Sanders' populism. His anti-corporate stance, advocacy for wage increases, and controversial views on immigration and foreign policy could redefine the MAGA movement. We explore how these shifts might impact Ireland and Europe, especially if American multinationals are pulled back home, potentially destabilizing the global economy. Tune in as we dissect these political upheavals and their far-reaching consequences.

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The Central Statistics Office predicts Ireland's population could surge to 7.5 million by 2057, mostly due to inward migration. What could this mean for Ireland's future? Are we already at maximum capacity as it is? We argue for boosting local industries to match the high productivity of multinationals, crafting a vibrant and resilient economy for the future. We kick off by examining the recent Microsoft outage, exposing the fragility of our hyper-connected global economy. Without a strategic economic plan to harness Ireland's impending growth, we risk social and economic upheaval.

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I read Nathan Thrall’s book last year before the Gaza and October 7th massacres. I couldn’t put it down. It tells the true story of a young Palestinian boy, a tragic accident, his family and the daily humiliations of the Palestinian people. There is much cruelty but there is much love, too, and courage, resolve and tenderness. For everyone who is interested in Palestine and Israel, listen to this - this is a conversation for you. 

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The true story of how Germany’s wealthiest business dynasties amassed untold money and power by abetting the atrocities of the Third Reich — and how America looked the other way. Many of them continue to control swathes of the world economy, owning iconic brands whose products blanket the globe, brands like Daimler-Benz, Allianz, Porsche, Volkswagen, and BMW. David de Jong shows how these tycoons seized Jewish businesses, procured slave labourers, and ramped up weapons production to equip Hitler’s army – and how they got away with it. 

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In 1980, Dalkey United went on a football trip to Germany which ended up in East Berlin. A certain economist, festival director and once under 13s centre half was on that schoolboy trip and so began a lifelong fascination with all things East German. Less than ten years after that Dalkey Utd. trip, the country vanished. In her wonderful book, Katja Hoyer argues that amid oppression and frequent hardship, East Germany was home to a rich political, social and cultural landscape, a place far more dynamic than the Cold War caricature often painted in the West. This is one for cold war anoraks, communist nostalgists and the odd few intrepid ones who always know there’s more to the story of any country than first meets the eye. 

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In this week’s episode, we’re journeying from the bustling docks of 17th-century Amsterdam to the modern gig economy, all through the lens of Rembrandt and his old man. Rembrandt’s dad wanted him to have a “real job” – sound familiar? Today’s parents are just as anxious about their kids’ unconventional careers. We dive deep into how technological upheaval has always disrupted legacy jobs, from millers and merchants to telephone operators and typists. We’ll unravel the anxiety driving modern politics, why some jobs vanish while new ones appear, and how this relentless change is both a challenge and an opportunity. Join us to see why every generation fears the future, and why there’s a bit of a Rembrandt in every new wave of change.

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In May 1991 I walked into Keenan's Bar in Crossmaglen, South Armagh with a superstar American economist who would go on to win the Nobel Prize for a chat about global monetary policy. Joe Stiglitz and myself must have cut two odd figures for the locals...this was South Armagh, at the height of the troubles after all, maybe not the normal chat in Keenans but the barman didn't bat an eyelid. Against the background noise of British Army helicopters taking off from the largest and most fortified base in the North, that conversation changed my professional life. Thirty years later we picked up the discussion where we left off. I hope you enjoy the chat. Maybe it's time to head back to 'Cross for another natter.

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In this episode, we dive into the Aer Lingus strike, putting it in the context of the larger global economic landscape. We ask if this strike is the beginning of a new era in industrial relations. By exploring the historical shifts in labour and capital dynamics, we question whether we're seeing the pendulum swing back in favour of workers after decades of shareholder dominance. We connect the dots between these labour actions and global economic and political trends, offering an analysis on how these disputes might shape future economic policies. Join us as we unravel what these industrial actions mean for the future of work and wealth distribution.

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We have a very special episode for you today, courtesy of The Bear, Season 3 which is streaming on Disney+ from today, June 27th!

We're digging into what makes an Irish restaurant tick and the hidden contributions that a vibrant restaurant industry adds to our economy. We also talk with Ross Lewis from Chapter One and discuss the dedication and culture required to build up a fine dining scene in Ireland. And we ask if a Michelin star is worth the investment or if a sandwich shop is the better entrepreneurial route. 

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This week, we dive deep into the nitty-gritty of the commercial property market, highlighting its glaring vulnerabilities and the dramatic plunge in values since the pandemic. Using the vivid historical metaphor of being "sold down the river," we unravel how economic cycles often start with a displacement moment, sparking widespread financial speculation and leading to eventual market chaos. Drawing parallels between the flatboat era of early American history, where pioneers navigated the vast Ohio and Mississippi Rivers, and today's real estate woes, we illustrate how fundamental changes can trigger significant economic shifts. We look at the patterns that repeat across time. This episode sheds new light on the dynamics of the commercial property market and its historical underpinnings.

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Could Common Sense be Coming Home? We dive into the unexpected shift where Britain now seems like the island of sanity amid European radicalism. We explore the surprising fragility of German infrastructure and the looming chaos in European bond markets, particularly focusing on France's political and economic challenges. By contrasting the historical legacy of Leon Bloom's socialism with today's political climate, we highlight how Britain, with its emerging centrist stability under leaders like Keir Starmer, stands in stark relief against the backdrop of European turmoil. This episode promises a fascinating journey through the complexities and nuances of history, politics, and economics, shedding light on Britain's newfound role as a beacon of stability in an unpredictable world.

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Join us for a special live recording of the podcast at DBF 2024, where David interviewed the renowned journalist Christiane Amanpour. As CNN's chief international anchor, Amanpour brings unparalleled insights into global affairs, making this session an unmissable highlight of the festival. The conversation covers Amanpour's journey from the Iranian Revolution to her pioneering role at CNN, reflecting on pivotal moments such as reporting from the Gulf War and Bosnia in the 90s, where she witnessed firsthand the harsh realities of conflict. Amanpour's experiences underscore the critical role of journalism in uncovering human rights abuses and shaping global narratives. Her reflections on current events, including the Ukraine crisis and the challenges to democracy, offer profound insights into the pressing issues of our time, emphasizing the importance of a free press and international solidarity in safeguarding democratic values worldwide. 

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Join us for a live recording of the podcast! We dive into the fascinating rise of Gaelic Games live from Cuala in Dalkey - we delve into the incredible impact of free education in Ireland. Discover how the daughters of small farmers seized educational opportunities, sparking unexpected social mobility. We'll also give you a sneak peek into my upcoming book, "Money: A Story of Humanity," out September 12th, where we explore how money has shaped human history. Expect a mix of personal anecdotes, historical deep dives, and economic insights. Don't miss it!

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This week, we're diving deep into the rollercoaster world of global financial markets. From the wild highs of cannabis stocks crashing down to earth to the ECB's first interest rate cut in five years, we're unpacking it all. Ever wondered why 2% inflation became the magic number for central banks? Spoiler: it’s as arbitrary as it sounds. Joining us to make sense of the chaos is David Tilson, Head of Capital Markets for Cantor Fitzgerald, who’ll give us the lowdown on everything from US job growth and the curious case of immaculate disinflation to the surprising rise of India over China. Whether you're baffled by bonds or curious about why Germany’s economy is having an identity crisis, this episode is packed with insights. So, is it time to rethink everything we thought we knew about money? Tune in and find out!

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During the European recent elections, you might have heard lots of people defining Ireland as a "neoliberal" country, governed by the ideology of neoliberalism. Neoliberalism is a political and economic philosophy which emphasises free markets, deregulation, and reducing the role of the state. This episode dives into the myth that Ireland is a neoliberal state, a story often perpetuated but rarely challenged. By examining Ireland’s progressive tax system and vast social welfare network, we reveal a very different narrative. If Ireland isn't neoliberal, why does this myth persist, and what does it say about our understanding of politics and economics?

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This week, we're diving into the fascinating world of AI economics with the brilliant Professor Eli Noam from Columbia Business School. This episode is a special treat as we're kicking off a series of AI events at the Dalkey Book Festival next week. We're talking about how artificial intelligence is shaking up industries, transforming job markets, and reshaping the entire economy. There's a lot of fear out there about AI taking over jobs and the ethical headaches it brings, but it's not all doom and gloom. We'll explore how smart policies and clever strategies can turn AI into a force for good, sparking new opportunities and driving economic growth. Tune in for a deep dive into the future of AI and what it means for all of us.

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This week, while navigating a mid-life crisis and an intensive French course in the south of France, we've decided to reflect on the importance of Franco-German relations and what they mean for the future of Europe and the euro. We delve deep into how centuries of rivalry and reconciliation between France and Germany have shaped the continent, leading to the creation of the European Union. From the devastating conflicts of the World Wars to the visionary treaties that established economic and political integration, we explore the pivotal moments that have defined this partnership. So tune in as we examine the current state and future prospects of the euro, discussing its strengths, challenges, and the role it plays in maintaining European stability.

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Is Rishi Sunak's announcement of a snap UK election the answer or a political gamble? Joining us to unpack this is Robert Shrimsley of the Financial Times. Can the Tories pull this one out of the bag? And, away from the political drama, on the economic side, we examine the UK's persistent productivity issues, its triple inequalities and the lack of novel macro-economic or strategic model from the major parties. This election, the absence of one old friend is conspicuous - Brexit, no on wants to talk about it. The UK is a house divided, could this election offer the solutions the UK desperately needs, or will it deepen the existing fractures and uncertainties? 

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The Irish government stands with the Palestinians, as does most of the country. A moral foreign policy is a sign of what the country believes in but where does it take us beyond that? Will Ireland sanction Israel ? Many doubt it given the more than 5 billion euros in trade between both economies. Both economies are tied together by the global multinational tech industry, umbilically linked by corporate America. We paint the likely end-game in the Middle East, and conclude there are two broad ways forward. The first is the South Africa model where a pariah Israel changes tack and Ireland's gets first mover advantage - moral and ahead of the game. The second is the Jihad/Settler dystopia, where an ongoing jihad/settler war mutates constantly with no peace and Palestine becomes a ward of Hamas. This scenario means Irish foreign policy gets bogged down with consequences way beyond our control.

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This week, we delve into the economics of climate change with acclaimed author Brett Christophers - who has previously illuminated the pervasive influence of investment funds in our daily lives through books like "Our Lives in Their Portfolios". This time, he turns his analytical lens to the urgent issue of climate change. We'll explore why economic incentives alone may not be the solution we envision. Christophers critically examines the low investibility of wind and solar industries, questioning why big companies would pivot to renewables if they aren't profitable. So what can be done? Tune in for a compelling conversation that challenges conventional wisdom and seeks alternative strategies for effective climate action.

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The British are down on themselves, yet one thing they do well is repackage popular culture and the Premier League is a great example of this. Last year, its commercial revenues hit £4.4 billion, with TV rights increasing by 30%. Despite high revenues, 80% goes to player wages, highlighting a unique financial model where the 'workers' benefit most. This global phenomenon mirrors the 'Wimbledon model' where hosting top-tier events doesn't require domestic dominance. It underscores the UK's talent for repackaging and exporting culture as they have always done with entertainment. The UK economy could thrive by embracing globalisation, attracting global talent, and focusing on innovation and cultural export.

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In this episode, we dive into the harrowing impact of the opioid epidemic in North America, recounting firsthand observations of addiction's toll in cities like Ottawa, Quebec, and Vancouver. How did a nation like Canada, with its extensive welfare and health systems, become engulfed in such a crisis? We explore the roots of the crisis, attributing it to the aggressive marketing and misinformation by pharmaceutical companies like Purdue Pharma, driven by unchecked greed and profit motives. Poverty and homelessness exacerbate addiction, creating a sobering reflection on the complex interplay of corporate malfeasance, regulatory failures, and social vulnerabilities that fuel this devastating epidemic. Is Ireland next in line for an opioid epidemic?

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As we delve into America in this pivotal election year, grappling with its geopolitical challenges, culture wars, and internal conflicts, Evan Solomon makes a crucial point: discussing America as a monolith is a common mistake—it's simply too vast and diverse. In today's infotainment era, narratives are no longer neatly collected but instead compete and diverge. This week, we're exploring the connections between nativism in the 1850s, the ongoing religious and cultural struggles, and the current display of nativism within the Republican Party. Tad Homer Dixon's definition of culture as a set of instructions passed from one generation to the next resonates strongly here. Once, those in power dictated cultural norms, but today, the power to shape discourse and culture is distributed among everyone. This dynamic shift is palpable in America, where we've moved from a uniform cultural landscape to one defined by diverse narratives. We're witnessing this shift firsthand with the rise of Christian Nationalism, which is being imported from Russia and fusing with nativism. The question now is whether this represents a new force in the US or merely a passing trend. Let's watch closely to see where this leads.

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Why do wealthy people live in houses originally built for the less affluent? Despite vast improvements in living standards over the years — lower infant mortality rates, faster access to life-saving drugs, and increased life expectancy — today, even modest homes are un-affordable for many. Consequently, wealthy individuals find themselves competing for properties originally intended for lower-income families. This trend not only highlights the scarcity of suitable housing but also deepens social stratification, as the affluent outbid others, driving up prices and displacing those with fewer resources. Is there an easy fix?

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 The Tories are seeking revenge for Brexit by exploiting immigration policy. Having been out-foxed, out-thought and out-gunned by Dublin on Brexit negotiations, they are extracting a price- that price is the framing of the new Irish election. By encouraging the relocation of asylum seekers to Ireland, the Tories are effectively using Ireland as a bargaining chip to pressure France into accepting a deal on immigration, all while avoiding responsibility for asylum seekers themselves. They are playing Ireland like a pawn against the EU, as revenge for their humiliation during Brexit negotiations. In this complex game of politics, the Tories could emerge as the agenda-setters for the next Irish election.

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Last week, the football team I play with went on a trip to Italian organised by one of our lads Camilio Borza a member of the Irish Italian tribe. In the the vibrant tapestry of Irish history, few immigrants have left their mark like the "Eye-talians" with their chippers which have fed generations of Irish people. This week, the podcast explores the captivating journey of Italian immigrants to Ireland, tracing the roots of one of the country's earliest and most successful immigrant communities. Hailing predominantly from three small villages in Lazio, Italy, these immigrants brought with them a rich cultural heritage that has profoundly shaped Irish society. Join us as we uncover the untold tales of resilience, incredible hard work, integration, and the enduring bond between Ireland and Italy. And...most importantly our brilliant researcher on the pod is Eliza Notaro, another Dublin Italian!!

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This podcast delves into the intricate interplay of politics and housing, a phenomenon not unique to Ireland but deeply emblematic there. It examines how the control, or lack thereof, of housing can shape political fortunes. From Ireland to Britain, Canada to Australia, the "politics of housing" is a pivotal and global issue, particularly for younger generations. While Eastern European countries, with reasonable house prices, see happier young populations, Ireland faces a crisis where housing benefits foreign investors over its own citizens. The failure to understand this has left the current political class out of touch and in a precarious position, highlighting the need for a reform. So it may be time to grab your pitchfork!

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In part two of our mini-series on Turkey, we delve deeper into the electrifying economic history of Istanbul, from the Byzantine to the Ottoman empires and up to today. We explore how these empires sent shockwaves through history, shaping the world as we know it. Without the Ottomans, Columbus might never have discovered America, there'd be possibly no Renaissance, no dominance of Europe, no humanism. And what about Attaturk? The most impressive leader of the 20th century? Hope you enjoy it.

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This is the first of 2 podcasts on Turkey following a quick visit to Istanbul where the inflation rate is currently at 69% annually, and the currency, the Lira, is on a devaluation spiral, but might this financial crisis be the event to kickstart economic, political and regional change. Amidst rising tensions in the Middle East and with Hamas' chief in talks in Ankara with Erdogan, Turkey finds itself in a potentially influential position as a regional powerbroker. Could Turkey be on the brink of redemption? With its strategic location bridging Europe and Asia and its historical ties to the Middle East, Turkey could potentially play a pivotal role in resolving the ongoing conflict. As traditional alliances in the region shift, Turkey's assertive foreign policy and military capabilities position it as a key player in mediating disputes and fostering stability

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The majority of my tribe, economists have been getting it wrong for decades, if you go back and look at economic research from the seventies, nobody is talking about coming inequality. Yet inequality afflicts the West, dominating politics. This week, in a not-so-groundbreaking revelation, Ben Bernanke's report on the Bank of England's failures shows us how out-of-touch economists really are. Economists need to get out more, mix a bit, walkabout more! A blind faith in mathematical precision has clouded our judgment. Humans are messy and economics is about humans, so let's be messy.

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Elon Musk is to 2024 what Howard Roark was to 1943. In Ayn Rand's book Fountainhead, her hero Roark was brilliant, single-minded and flawed. Musk is a modern day Roark and yet despite his remarkable entrepreneurial success, from SpaceX to Neuralink, Tesla is on the skids. 10% of its workforce has just been fired and it's share price has dropped 30% since January, and its market share is dwindling in China. Musk's investments in China have also led to wholesale intellectual property theft. Standing back, Tesla's tribulations could be a microcosm of broader geopolitical tensions of trade disputes and intellectual property wars. The world is looking at the Mid East, the China/America rivalry echoes previous clashes

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In this week's episode, we plunge headfirst into the contentious issue of Nimbyism – should property ownership grant individuals the power to stop developments? We don't think so! Particularly not when contrasted with the backdrop of the housing crises gripping the English-speaking world. Bound by the chains of common law but bereft of common sense, our societies find themselves stuck in a self-inflicted housing crisis. Join us as we dissect how our flawed society has bred Nimbyism, and been perpetuated by the contented classes who turn their backs on their communities. From London to Los Angeles, Dublin to Sydney, we confront Nimbyism and explore potential solutions to reclaim our cities from this self-destructive spiral. 

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Are we truly living in a Plutocracy', where we are governed by the wealthy elites instead of those we voted for? As election season heats up around the globe, we tackle the age-old question: should we tax the rich more? While the wealthy typically oppose such measures, there's one dissenting, wealthy voice: Nick Hanauer, podcaster, venture capitalist, and rich lad himself who thinks that we either force the rich to pay more in taxes, or the streets will revolt, and the pitchforks will come. Hanauer, who famously warned of imminent social unrest should inequality persist unchecked, shares his insights on why taxing the rich is not just a matter of fairness, but a crucial step in preserving social stability. According to Hanauer, we need to reshape our economic policies, or the revolution will come! Listen to Nick here and come to see him and chat with him at Kilkenomics next November.

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Palestine is one of the most, if not the most, tragic national stories of the 21st century. Divided, humiliated, abused, and abandoned by both West and East, the Palestinian nature has been strangled by Israeli occupation, asphyxiated by international indifference, and its children scattered all over the world. Bassem Youssef trained cardiologist turned comedian, talks to us about how the global conversation often reverts back to the less important matters surrounding the war - instead of what actually matters. Israelis may be winning the war but they are losing the battle - they are running out of options. Only the strong can make peace - in this case, that is up to Israel. Would that diminish the idea of the Jewish homeland? They only have four options left - lets delve into them in this episode.

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Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. We chatted to Michael Lewis recently, who spent over a year with SBF, immersing himself in the universe of crypto-bros, and recently published his book 'Going Infinite' which tracks back the entire story of the crypto-hack that is SBF. We discuss his limited emotional intelligence, male over-confidence, and the Dunning-Kreuger effect. With every new technology, there will be speculation, bubbles, and, most importantly, white-collar crime - SBF was one of the first in the crypto world but won't be the last.

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 Inheritance is a tricky one. We all want to leave something to our kids if possible, yet inheritance for society makes inequality permanent, favouring the children of the rich. Millennials are about to become the wealthiest generation, which begs the question - should inheritors of wealth play a role in driving social change? What should they give back? A recent Bank of Italy paper reveals the rich stay rich. Tax records dating back to 1427 reveal that the top twenty wealthiest families in Florence remain almost identical to the top twenty richest families in 2008. However, 15th Century Florentines understood that altruistic measures such as building museums, orphanages, piazzas, roads, and more would be their insurance policy to ensure social stability - but today's rich don't quite care. They avoid all responsibility, dodging taxes worldwide. As inequality pisses people off, does this mean violent, catastrophic social change is inevitable, or will democracy do its job more gently?

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 How best to run an economy and a country, bottom up or top down? A trip to Switzerland got me thinking should we invert power, making the local more consequential than the nation, should we devolve government, introduce fiscal federalism and instead of our "spectator democracy" should we opt for "direct democracy" . Unlike Ireland, where accountability seems elusive, Switzerland's governance is marked by subsidiarity and active democracy. With their frequent referenda, the Swiss distribute responsibility locally, fostering an engaged political system. The influence of Calvinism further shaped Switzerland, cultivating a deeply democratic and pragmatic society. Is it time for us to embrace for 'Protestant Pragmatism', where power is delegated to the people? Could this also be a framework for future Irish reunification?

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The US House of Representatives has just approved a bill with the potential to ban Tiktok from America. But this story is about much more than corporate America's jealousy over its Chinese rival's more profitable and addictive business? Its about the direction of social media and an increasingly docile, addicted citizen, out-foxed and out-thought by an algorithm. What we are witnessing is an internal power-play within the tech cartel. With its personalised algorithm, TikTok means human curiosity now takes a backseat to endless scrolling. Curiosity is no longer an active endeavour but a preordained path. In this episode, we dissect the shift in our inquisitive nature, as algorithms dictate the content we consume, rendering Google search a relics of the past. Curiosity has been commodified as we enter a digital algorithm world.

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The primary driver of economic growth is the innovative human mind. In this episode, we sit down with Ed Guiney, the visionary co-founder of Element Pictures, the powerhouse behind Oscar winners like 'Brooklyn', "Room" and 'Poor Things', and TV dramas such as 'Normal People'. We delve into the fascinating tale of Ireland's cinematic resurgence, driven by strategic tax incentives and our rich storytelling tradition. Join us as we uncover the secrets to Ireland's rise as a global film hub, from script to screen - it is nothing short of an enlightening discussion on innovation and the economics of filmmaking with one of the industry's leading minds.

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No one trusts them, the Irish government or Katie M's doctored photos. For them its part of the national theatre, for us its a national threat. How did the government misread the public and why does the public not believe them? Is Ireland progressive or reactionary? Despite a track record of successful progressive referenda, from gay marriage to abortion rights, there is now a palpable uncertainty regarding Ireland's liberal democratic identity. Is the tide shifting? We argue it is signals the onset of a new era. From the riots in November to this vote, the rumblings of restlessness are everywhere. We stand at the precipice of societal and political change, yet our elite seems oblivious.

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Bitcoin is being touted as a revolutionary asset, but in reality, it's often the wealthy transferring wealth to unsuspecting individuals, marketed as a stroke of financial liberation. This asset is not money - it lacks many characteristics traditionally associated with money. It functions scarcely as a medium of exchange, lacks stability in value, and operates without regulation. Instead, it predominantly serves as a speculative asset or digital commodity. Despite this, it garners headlines as big tech and the SEC embrace it, ironically contradicting its anti-establishment roots from the cyberpunk era. Currently, the global cryptocurrency market represents less than 2% of the bond market. While every movement of Bitcoin is amplified by its evangelists, other shifts in the bond market typically generate a muted response. Despite Bitcoin's recent surge to a new peak of $69,000, it still lacks intrinsic value, inviting speculation on who ultimately benefits from its volatility - and we're just waiting to see who the greatest fool is. EFTs are just a brilliant way of offloading from the rich to the poor punter.

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For International Women's Day, we're thrilled to welcome Alice Evans, who is currently immersed in writing a book on gender equality across different cultures. This week, we travel to southeast Asia with Alice, whose storytelling transports us to China - where we explain the rise of China through their love of money, their increasing emphasis on wealth and their Lunar New Year's celebration's focus on monetary gain. Join us as we navigate the fascinating interplay between money, gender dynamics, cultural norms, and societal evolution in Southeast Asia.

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In this episode, we delve into the concept of black swan events and explore how they resonate with contemporary art & culture. A black swan event, a term popularized by Nassim Taleb, describes an unpredictable event with severe consequences beyond normal expectations. Is the tiktokisation of culture that we are experiencing its own black swan event? Is social media to blame for the shift from authentic creation to derivative works driven by trends? As art becomes increasingly commodified and driven by algorithms, we risk losing the essence of human culture. We examine how art has transitioned from a form of expression and exploration to a tool for education and, more recently, a source of instant dopamine hits. This evolution has led to a proliferation of derivative content, threatening the fabric of creativity.

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This week, we return to the theme of acceleration and confront a stark reality: much of Ireland is stuck in 1984. Despite boasting an economy that has expanded between 20 to 30 times since the mid 80s —earning us the title of one of the world's fastest-growing economies — our public infrastructure remains trapped in the past. We explore the paradox of aggregation becomes apparent: while the aggregate wealth has surged, the benefits have not been equally distributed, leaving our infrastructure lagging behind. The question looms: who is to blame for this stagnation? We travel across the country to Cork, Limerick, and Galway to understand how proper implementation of regional development could benefit these already vibrant cities.

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Forty years since its inception, the DART and the lack of substantial progress in transport infrastructure reflects a systemic failure in Ireland's approach to development and progress. Instead of marking a milestone of achievement, the Dart's anniversary serves as a stark reminder of the political inertia and lack of commitment to meaningful change. Despite the economy expanding exponentially, with a growth of 20 to 30 times its size since 1984, the public transport system remains severely underdeveloped. This disparity underscores the urgent need for a paradigm shift, one that embraces accelerationism to propel Ireland forward into a future where development matches economic growth and fosters societal advancement - but what exactly is Accelerationism? This week, Will O'Brien, who's proposing we embrace a new idea known as 'Éire Accelerationism' - we delve into what Éire Accelerationism is, its origins, and why Ireland needs to embrace it. We consider its potential to address challenges, but also ask the question, could it really work?

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This week, we delve into the perennial question: Why do so few students depart school with a genuine love for mathematics? Is the way we teach maths the crux of the issue? Joining us is Colm O'Regan, host of his own Mathematics podcast, to show us the story behind the numbers. Maths, essential across various studies including economics, embodies the evolution of human thought, guiding us from guesswork to certainty - yet is widely loathed by students. It begs the question, does our approach to teaching often lack the engaging storytelling found in other subjects like history and English? Could this be what's hindering students' connections with maths? From the Ishango Bone to Pythagoras, the history of the subject is worth telling, so that's exactly what we're doing.

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Next week, the war in Ukraine enters its third year. and last week Putin's regime murdered its only real political opponent, Alexi Navalny. Putin has transitioned from electoral manipulation to murder. This week, we chat with Alexander Kabonovsky, the podcast's resident go-to for all things Russian. Together, we explore the impact of Navalny's murder, Putin's position, and the uncertain path ahead for the ongoing conflict. As the situation in Russia rapidly deteriorates, drawing unsettling parallels to the dark era of Stalinist terror, we assess what this means for Europe and geo-politics in general.

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Amidst the backdrop of the hottest January on record, surpassing pre-industrial averages by 1.6 degrees, join us this week as we embark on a gripping exploration of the economic history and pre-industrial climate change. From the medieval era to the tumultuous 17th century, we delve deep into its profound impacts on society, economy, and religion. We use the poignant saga of the Pont d’Avignon as our starting point. A 13th-century bridge succumbed to the fury of climate-induced mass flooding, while Europe reeled under the devastation of the 17th-century mini-ice age, that claimed over 500,000 lives in Ireland alone. The economy suffered as agricultural yields plummeted and food prices soared, leading to famine. Calamity bred religious fervor, with moralistic prohibitions and the rise of witch-hunts, while war ravaged the continent, targeting religious minorities, driving mass migrations. In the 17th century, climate change wasn't just a matter of inconvenience—it was a catalyst for chaos and conflict. History tells us we ignore climate change at our peril.

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With the election year in full swing, we're shining a spotlight on the resurgence of the Kennedys. Joining us to navigate the intriguing rise of independent candidate Robert F. Kennedy is the economic and political aficionado Pippa Malmgren. We ponder the origins of this surprising surge and its underreported nature amidst swirling allegations, anti-pharma sentiments, and vaccine skepticism. We contemplate whether RFK could embody a voice that resonates with the American people and discuss what awaits the land of opportunity on the road to November. With tensions escalating and Kennedy finding himself in some polls, polling similarly to Trump and Biden, the drama and anticipation of the 2024 Election will only intensify, prompting us to explore the allure of the underdog.

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In this week's episode, we delve deep into the dynamic forces shaping our global economy, from seismic demographic shifts to the transformative rise of artificial intelligence and the ascendance of Asia on the world stage. Once again, we welcome the esteemed Martin Wolf, whose unparalleled insights shed light on the intricate intersections of these pressing global challenges. Together, we attempt to navigate the evolving landscape of demography, examining its implications for societal structures and economic paradigms. Don't miss this episode as we confront the hidden forces driving our world economy.

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Almost eight years later, we shine a spotlight on Brexit and how it has come to the forefront of public discourse. We explore the destructive impact of populism on stable democracies, as evidenced by the Brexit saga. The discussion delves into the false premises that underpinned Brexit, examining how it damaged the UK's economic relationship and threatened domestic stability. We are joined by economist and Financial Times columnist, Martin Wolf, who offers us a new perspective on navigating UK politics in the aftermath. Don't miss this insightful episode as we explore the pressing issues that make the UK's post-Brexit journey a critical focal point.

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For the second installment in our Milei series, we delve into what's causing the political gender divergence within Gen Z. We are joined this week by John Burn-Murdoch, who shares his insights on what has caused the split. Young men are swinging Conservative and you women are moved Liberal. Across the globe, from the US to South Korea, a profound split has emerged, shaping political affiliations, and societal norms, and even influencing electoral outcomes. We discuss the consequences of this divide, examining its impact on issues ranging from gender equality to immigration. Join us as we navigate the complexities of Gen Z's ideological landscape, shedding light on a trend that could have lasting implications for the future.

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This week, we explore the intersection between inflation, public sector pay and productivity, or value for money to the taxpayers who pay the public sector salaries. First, we need a good public service, second workers should be well paid, but third, is there any way of linking public sector wage increases to productivity? If not, then let's be honest with society and say so. We look at Baumol's theory of costs, a bit of old-fashioned insider/outsider dynamics, and the role of multinationals in dragging up public sector wage demands, even though there may be a productivity mismatch. Have our services improved at the same rate as overall wages in the public sector? This episode is a national-scale exploration that's sure to leave you thinking.

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Dublin, like many cities, needs to make a decision to reinvent itself for the 21st century. It's a battle between the past and the future. There is no urban planning manual anywhere in the world that argues for more cars in towns and cities. In urban transport, cities future is fewer cars, not more.

Dun Laoighaire - my hometown - is a microcosm of every modern town in Western society, and its plans for pedestrianisation could change the town dramatically. Returning the emphasis from the car to the pedestrian is the answer to creating a more vibrant community, but how do we go about it? Can adopting a road pricing mechanism, inspired by innovations like Uber's surge pricing, motivate behavioral shifts and propel Ireland into a forward-thinking future? Cities and towns are sensitive ecosystems, they need to breathe; they can't be choked.

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Last week at Davos, Javier Milei, delivered a fiery speech that spared no one, from Keynesians to Globalists. Despite some controversy, Milei's libertarian ideas are gaining traction both in Argentina and beyond. As people grapple with economic and geopolitical challenges, they are increasingly drawn to solutions that Milei proposes.

In this episode, we explore Milei's speech, which delves into the history of economic growth where he attributes much of it to the principles of free-market capitalism. Regardless of whether one agrees with Milei's thesis, the importance lies in fostering a dialogue around these ideas. Join us as we kick off a series where we dive deeper into the factors contributing to the global explosion in growth, using Milei's speech as a thought-provoking starting point.

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Ireland wasn't ready for the economic success we have experienced over the past 40 years. However, with success comes more social responsibility that the Irish government hasn't been able to meet. We weren't ready for the combination of a population boom, multinational investment, income to rise, and housing demand to increase as a result. We are now at an inflection point. We have no choice but to reframe our society and how we look at housing, the other option is social chaos.

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The Houthis - who are they? And why are the US and UK bombing them? What has it got to do with your world? America is keeping shipping routes open and that's exactly what the Houthis seek to destroy. The Houthis occupy one of the maritime world's most sensitive trading chokepoints, and they understand this. 90% of the world's traded goods are shipped by sea: stop shipping and you stop the global economy. This week we talk about all this and the impact on Europe.

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Join us as we explore the connection between culture, language, and economic growth. We are joined by John Burn-Murdoch and his data-driven expertise as we discuss how the West could be 'talking itself into decline.' The shift in culture and language that began around the 16th century has become increasingly relevant as books have become digitized - particularly tracking words related to progress and positivity could be another way to explain economic growth trends and cultural shifts.

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January if often the time for looking ahead, but all too often, we don’t look far enough. Today’s episode is about looking at the end of a 40 year cycle and the start of a new longterm economic reality!

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2024 is going to be a monumental year - 50% of the planet that is eligible to vote is going to vote! But the real power lies in the media: who tells the stories, who controls the medium and the message. This will be the year of a full on war between micromedia, like podcasts etc, and macromedia, like TV. In this battle there is only one winner. It's called economic and technological disruption.

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We start today by breaking down the mathematical formula to economic growth before moving to my best reads of 2023… and a sneak peek of a book coming out in 2024!

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What a year it’s been! On the last episode of the year we take a look back at the incredible year (sometimes good, sometimes bad) that 2023 has been across the world.

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Happy Christmas! Here's a fascinating discussion that I've had with Naomi Klein this year that covers a wide range of political topics - something to ponder on as we all take a well deserved break!

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As I spend my last night in Los Angeles, I’ve come to appreciate the drive of this city where so many creative endeavours are born. Hollywood is the core of America’s soft power - What story will it tell next?

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Live from Las Vegas we talk about 2024, the upcoming American election, falls in global interest rates, potential American isolationism, the Gutenberg Bible, today’s AI boom - and where it is all taking us!

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Time to eat humble pie? Despite us saying last year it that Bitcoin was a BS idea, its value has risen over 150% this year! What’s behind the surge? We talk about Notorious B.I.G, Benjamin Franklin, the wisdom of Charlie Munger and the fact that Bitcoin is something, but it ain't money! But where from here? Should we revise our stance on the technology? Joins us to find out!

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Ireland has a massive deficit in public infrastructure and a massive surplus in the public finances. Economists are advising the government to save on the basis that saving is "good". But not spending when we have an increasing immigrant population is a recipe for social chaos. This podcast is celebration of spending. Ireland's tax base is set up to generate surplus, so spend the money.

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