Garys Economics - podcast cover

Garys Economics

Gary Stevensonpodcasters.spotify.com
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
Last refreshed:
Follow this podcast in the Metacast mobile app to refresh it and see new episodes.
Download Metacast podcast app
Podcasts are better in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episodes

Why Jeff Bezos wants to cut your taxes

The world's fourth richest wants your taxes cut to 0. Why did he say this last week – and should we believe him? T-SHIRT: get the Tax Wealth Not Work t-shirt https://shop.garyseconomics.org/ Chapters (00:00) Intro (02:43) Why Bezos wants lower tax (06:34) His real argument (09:12) How they distract you (12:51) They think you’re stupid (14:04) Tax wealth not work (16:59) “Everyone hates government” (21:45) Blaming politicians (23:50) The broader context (26:04) How billionaires are making you poo...

May 31, 202638 min

The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman

Gabriel Zucman is the most important economist in the world today. And the one billionaires fear most. His wealth tax proposals have passed France's lower chamber of parliament – and will likely be signed into law in the coming years. Here's his advice for how we can tax the super rich more in the UK and other countries. CHAPTERS (00:00) Intro (02:57) Who is Gabriel Zucman? (07:14) Why universities ignore inequality (14:05) What is the problem? (20:12) How we tax billionaires more (26:51) Gabrie...

May 24, 202652 min

This is the only way to stop the far right from taking power in your country

Parties like Reform have a clear message on why living standards are collapsing. And this is why they're growing. If you want to stop them you have to reverse falling living standards. Chapters (00:00) Intro (02:21) Falling living standards are driving this (07:38) What’s happening in the UK? (09:19) Left and Centre need to unite (15:41) This is the last chance (17:14) You need to act now (21:25) Learn to communicate (26:11) Do not look down on the public (31:52) Hatred will destroy us (35:00) M...

May 17, 202641 min

Why do asset prices keep going up?

Global stock markets are at all time highs. Gold has doubled and silver tripled in the last two years alone. What's behind these moves? Shouldn't economic crises like Iran be pushing asset prices down? Is now a good time to invest? (00:00) Intro (01:34) Global asset prices (03:45) How 2008 crisis pushed prices up (09:00) Do interest rates matter? (10:24) What COVID did (13:00) WHY asset prices go up (18:27) Crises push up asset prices (20:18) How should YOU react? (23:07) A distribution crisis (...

May 10, 202629 min

Will elections this week bring down the Prime Minister?

Elections in the UK this week may change everything. With prediction markets saying Labour are facing wipeout, is Sir Keir Starmer about to resign? Who will take over? And what does that mean for the next general election? Gary sets out his predictions for the next week, year and 10 years in British politics. Help us get a lobbyist: join our Patreon or make a one-off donation . Chapters (00:00) Intro (02:47) Will Starmer go? (09:09) WHO you should vote for (10:22) Scotland and Wales (11:34) The ...

May 03, 202637 min

Will AI destroy the economy?

Help build our political power by supporting us on Patreon – https://patreon.com/garyseconomics Will AI make us all richer and more productive, or steal our jobs and impoverish us? The Industrial Revolution gives us clues about what could be about to happen. (00:00) Intro (04:58) Will AI decrease wages? (06:19) Will AI increase wages? (13:00) Luddites (16:17) The Industrial Revolution (24:50) Who profited? (26:51) Workers became powerful (31:12) Why customers matter (36:03) Henry Ford’s dilemma ...

Apr 26, 202655 min

Have I been wrong on the economy this whole time?

Help us grow this channel by joining our Patreon – https://patreon.com/garyseconomics The elite think my economic analysis is wrong. They say wealth taxes are not the solution – and growing inequality isn't the biggest problem we face. But are they right? And have I been wrong the whole time? Chapters (00:00) Intro (01:12) What Rory Stewart said about me (04:04) Why people attack me (07:24) Who is allowed to talk about economics? (24:45) Zack Polanski and the Greens (31:30) Attack on wealth taxe...

Apr 19, 20261 hr 7 min

UK politics has broken a 200 year trend. Here's what happens next

UK and European politics have been dominated by centrist parties for hundreds of years. This is now changing rapidly. A recent election in Manchester shows us what might be about to happen across the UK, Europe and the rest of the world. Chapters (00:00) Intro (01:36) Betting market predictions (15:40) Who is going to win the next UK election? (17:31) 200 years of British politics is over (20:20) This is happening all over the world (24:19) Why have people abandoned the centre parties? (27:24) M...

Apr 12, 20261 hr 3 min

The Iran economic shock is coming. How to protect yourself

A massive energy crisis is heading our way from Iran and the Gulf. What can the government do to protect us? Can you do anything to protect yourself? Gary unpacks the economic consequences of the war. CHAPTERS (00:00) Intro (00:59) The basics (01:56) Interest rates (03:42) Government borrowing (04:59) What it means for you (06:01) How to you protect yourself (13:05) What can the government do? (17:25) Drilling in the North Sea (19:24) How to trade in this crisis (22:47) Increase your resources (...

Apr 05, 202645 min

Are we living through a new Victorian era?

Understanding the past can help you shape the future. In the Victorian era technological innovation created massive new wealth, but it was concentrated in the hands of the few. Can we change things NOW to avoid the same desperate poverty most Victorians lived and died in? JOIN OUR PATREON GET MERCH ––––––––– What I talk about in this episode: (00:00) Intro(01:50) Ghosts of Christmas Past(06:00) Technology may not fix our problems(09:20) History shows us change is possible(13:10) Christmas Presen...

Dec 28, 202531 min

Is this Budget the end of UK democracy?

Gary's back for one episode only. Here's what the UK Budget next week means for you, the economy and democracy. CHAPTERS (00:00) Intro (1:04) Raising taxes (04:30) UK government debt situation (09:12) Transfer of wealth to rich (13:22) Why aren’t they taxing the rich? (18:40) The elites don’t care (26:00) The death of democracy (28:32) What do you do? (31:15) Hope (33:08) Know your history (36:41) Help me get to #1...

Nov 23, 202538 min

Goodbye and Good Luck

I'm wrapping things up for now. I'll be back in a few months. These are the other channels and orgs I think you should follow: Patriotic Millionaires UK's X Bold Politics with Zack Polanski's Youtube JimmyTheGiant's Youtube Meditations of an Anxious Mind's Youtube Forest Jar's Insta Anna Bocca's Youtube Barry's Economics's Youtube Louisa Munch's Tiktok Novara Media's Youtube Unlearning Economics's Youtube Punters Politics's Youtube Chloe Swarbrick's Insta Ha Joon Chang's Website 👕 GET THE T-SHI...

Oct 19, 202517 min

Is the Labour government finished?

Labour refuse to acknowledge and deal with the rising tide of inequality in the UK. Will this doom them to fail, or can we get through to them? 👕 TAX WEALTH NOT WORK t-shirt: https://shop.garyseconomics.org/ (00:00) Intro (03:20) How they view the world (10:00) Why they won’t listen to me (24:20) They’re stuck in a bubble (26:50) Reform are the reckoning (30:35) Is Labour doomed to fail? (32:12) My message to Labour MPs...

Oct 12, 202537 min

Are Labour unlucky (or are they just rubbish)?

Is the Labour government failing to change anything because of bad choices – or because the economic situation makes them powerless to act? 👕 TAX WEALTH NOT WORK t-shirt available here: https://shop.garyseconomics.org/ –––––––– What Gary talks about in this episode: (00:00) Intro (01:13) Labour just unlucky? (04:22) Could they have fixed it? (06:50) Are they incompetent? (08:30) The centre is failing globally (11:14) They don’t understand economics (13:58) The real problem (18:00) Demand for ch...

Oct 05, 202534 min

The first politician on Gary's Economics

Is the UK unique in its housing crisis and expanding wealth inequality? How can we win a wealth tax? How do you convince working people to get behind green policies? Gary meets MP and co-leader of the New Zealand Green Party Chlöe Swarbrick. (00:00) Intro (02:01) Who is Chloe Swarbrick? (05:43) New Zealand’s economy (10:00) Wealth inequality in NZ (14:24) Wealth taxes globally (15:35) How do we win? (20:00) The Murdoch strategy (21:50) Chloe’s advice to Gary (25:56) Anti-immigrant politics (29:2...

Sep 28, 202537 min

Will Reform win the next UK election?

The next four years in British politics will be turbulent. Here is what the markets are predicting. And what I think will happen. (00:00) intro (00:15) What are the odds? (04:15) Is the betting market wrong? (06:20) Trend to populist right (07:49) Labour’s position (09:05) Will Keir Starmer be replaced? (09:42) Labour will rebrand (11:35) How Labour could win (13:35) Labour and immigration (14:23) Can the Conservatives win? (16:39) The Liberal Democrats (17:18) The Greens and Zack Polanski (20:5...

Sep 21, 202545 min

How to be the best trader in the world

I made millions of pounds betting on economic destruction. Here's how I did it. How you could do it too. But also why it doesn't matter if your aim is to change anything politically. (00:00) Intro (03:14) Trading is economic forecasting (09:30) Being right when others are wrong (15:45) Identify one thing people are wrong about (17:15) Why I love trading (19:03) What good traders do (21:41) I don’t care about your opinion (23:09) Counter-trend trading (25:17) The downsides of trading (28:28) You ...

Sep 14, 202551 min

Storytelling is how you win in politics now. This is why the far right is winning

In times of crisis people are desperate for stories to explain why their lives are getting worse. This is why storytelling is the most important – but most ignored – aspect of politics right now. The far right offer a simple story, repeated over and over: it's the immigrants. The Trumps and Farages of the world are surging on the back of this simple, effective storytelling. What can liberals and the left learn from this? Can we come up with a better story? Chapters (00:00) Intro (03:02) Who deci...

Sep 07, 202530 min

Is a wealth tax actually workable?

We're winning the wealth tax argument in the media: more and more people support the idea. But what would a wealth tax actually look like and would do we implement it? Is it even workable?

Aug 31, 202513 min

Why our obsession with money is keeping us poor (and why changing interests rates won't make us richer)

The economy is made up of real resources, and the people who produce and own them. Money is different. Money is supposed to represent these real things, but it often fails to. Focusing too much on money – and interest rates and monetary policy – blinds us to how the economy actually works. Gary explains why this is so important if we want to change anything. ––––––––––– Support us: we're making progress in our campaign to convince MPs and the public to tax wealth not work. Gary's been meeting MP...

Aug 24, 202516 min

Is the economy destroying our mental health?

Worsening mental health outcomes are often spoken about as if they are the fault of the individual, but is insecure mental health a natural outcome of an insecure economy?And does the feedback work both ways - insecure economies cause people to be scared, easily manipulated, and individualistic, which prevents ordinary people from uniting and fighting back as a class?Also a little on my own historical struggles with the economy and mental health, both in the past and now."In a mad world, only th...

Aug 17, 202538 min

How to convince your friends, family and networks to support wealth taxes. A step-by-step guide

The rich will take everything unless we start taxing them more. A wealth tax is the best way to do this. But we need to win over the public, and dispell some of the common pushbacks. Here's how to do it. (00:00) Intro (00:48) Massive oppurtunity (02:29) How to explain my message to your friends and family (02:43) Point 1: Don't be a dick (04:00) People are scared (08:06) Point 2: Understanding and education (16:35) Point 3: How to deal with common pushbacks (19:20) The Laffer Curve (22:43) "It's...

Aug 10, 202529 min

They're about to tax you more. Why western governments will soon hammer you with tax rises

The UK government will be forced to raise taxes in October to avoid financial instability. Who they choose to tax at this next Budget will beat a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class. Other episodes mentioned by Gary: 'The Squeeze out' AKA Why Labour is crushing your living standards https://open.spotify.com/episode/2yO2SJstjBX2lpW7Jn0AO6?si=b84234841c8b42ca What's in this epi...

Aug 03, 202517 min

How to take over your country using social media

Alt right political movements have proven they take power using social media. Gary walks us through how we can use their rulebook to get what we want in our countries. Chapters: (00:00) Introduction (02:26) Social media's power in politics (05:05) The WWF model (07:01) Economic inequality (08:08) Build a platform (17:49) The power of social content creation (26:12) Use the traditional media (30:36) You have to focus your message (35:00) Be disciplined (37:13) Challenges from elite institutions (...

Jul 27, 202550 min

How do we fix the housing crisis?

Why are house prices in the UK so high? Here's how we can make housing affordable for ordinary people again. What I discuss in this episode: (00:00) Intro (01:26) Why every city in the world has a housing crisis (04:00) Understand that housing is an asset like shares, bonds, commodities (07:40) Economists miss why assets are going up11:55 How rich people push up asset prices (and house prices) (14:15) Wages do not control house prices (16:33) Should we just build more housing? (18:33) Inequality...

Jul 20, 202528 min

This is how we stop the UK from falling apart

The UK's political and economic situation is grim, caused by growing wealth inequality and mass impoverishment. Gary has one message for the Labour government: a wealth tax could start to reverse the situation – and prevent the collapse of our society. He also has message for anyone tempted to vote for Reform (spoiler: stopping immigration won't fix the problem). In this first episode after a three month break, Gary brings us up to speed on everything that's happened in UK economy – and what we ...

Jul 13, 202525 min

How close are we to winning higher taxes on the rich?

In this last video before a break, Gary asks: just how close we are to convincing the government to tax the rich more? And reveals whether he's inviting Labour onto the channel or not. And discusses why the press have been attacking him. And explains where he's going exactly.

Apr 20, 202533 min

Special: Can tariffs make us rich? With Ha-Joon Chang

In the past, some countries – like South Korea, Britain and the US – have used tariffs to protect and foster nascent industries, and grow rich from the results. Can America's current experiment with protectionism work out the same way? Full conversation with Ha-Joon Chang out this Sunday.

Apr 03, 202510 min
For the best experience, listen in Metacast app for iOS or Android