The David McWilliams Podcast - podcast cover

The David McWilliams Podcast

David McWilliams & John Daviswww.davidmcwilliams.ie

The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and complicated by so many.

I’ve always thought what is complicated is rarely important and what is important is rarely complicated.


That will be our motto.


Every week we are going to tease out some big economic or political issue facing us, not just here in Ireland but in Europe and further afield. Globalisation has brought us all together. We all face similar challenges whether you live in Dublin, London, Minnesota or Milan.


If you would like to enjoy all of our content ad-free and have early access to episodes, subscribe to DMCW+ on Apple Podcast.


Want to join our crew? Join at davidmcwilliams.ie/crew, where you can enjoy ad-free listening, as well as exclusive bonus content such as premium episodes, our macroeconomics course, early access to episodes and pre-sale access to tickets for Dalkey Book Festival & Kilkenomics.

Hosted on Acast. See acast.com/privacy for more information.

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Episodes

218 - Russian sanctions & Wartime speculations

The west is fighting a new type of war - an economic war instead of a ground war. Let’s investigate what is going on & wether or not its going to work. Hosted on Acast. See acast.com/privacy for more information.

Mar 03, 202236 min

217 - The Economics of the War

Today we frame the invasion of Ukraine as a war against the "idea" of the EU. For Putin, Ukraine is only the start. The big prize is destabilizing the EU. So far he has miscalculated, but it's early days. We examine the Ukrainian economy, who will stand up to Putin and we chat to the brilliant Norwegian economist, Martin Sandbu of the Financial Times. Hosted on Acast. See acast.com/privacy for more information.

Mar 01, 202238 min

216 - Russia/Ukraine and where we go next

Russia has amputated a chunk of Ukraine. War is now looming in Europe. How did we end up here? Where did diplomacy go wrong? What is coming next? Today’s episode aims to simply explain the whole situation and provide some thoughts about what might happen next. Hosted on Acast. See acast.com/privacy for more information.

Feb 24, 202242 min

215 - Are interest rates the solution to inflation?

The most talked about solution to fight off inflation is interest rates - but is that blunt instrument really going to fix such a complex problem? Join us as we bring in Dario Perkins to give us his point of view. Hosted on Acast. See acast.com/privacy for more information.

Feb 22, 202241 min

214 - Are the central banks working for you? Or big money?

Today’s episode is a fascinating interview with Christoper Leonard who walks us through his latest book and brings to life how the FED and central banks around the world have rarely been on the side of the little guy. Hosted on Acast. See acast.com/privacy for more information.

Feb 17, 202239 min

213 - How do we solve the inflation problem?

All around the world people are feeling their purchasing power shrink: as inflation rises the cost of living - and indeed your real wealth - goes down. What is causing this? Is this going to continue? How do we make it go away? All that & more in today’s episode. Hosted on Acast. See acast.com/privacy for more information.

Feb 15, 202234 min

212 - The full shilling? The case for crypto as a speculative asset - but a currency, eh no!

Crypto has captured the imagination of many as way to get rich quick - but few are able to agree or even explain what it actually is. In today’s conversation we are joined by Michael Saylor, one of the biggest bitcoin holder, to explain what it is and how you might be using it - spoiler alert: he doesn’t think it’s a currency either! Hosted on Acast. See acast.com/privacy for more information.

Feb 10, 202243 min

211 - Understanding inflation through the man behind the FED in America

Behind every decision is human beings, who they are, how they act & where they’re from is critical to understanding the context in which any given decision is taken. In light of the announced interest rate hikes we attempt to pull back the curtain and understand who is Jerome Powell (besides the chair of the federal reserve of the United States) - because his actions in the coming year will ripple across the world Hosted on Acast. See acast.com/privacy for more information....

Feb 08, 202244 min

210 - Russian tensions explained & pub economics

Russia has been dominating headlines as of late and clickbait titles want you to believe that World War 3 is on the horizon - What is really happening in Russia? Join us as we hear from people living there what news they are hearing and how they see this large scale posturing play out. Hosted on Acast. See acast.com/privacy for more information.

Feb 03, 202240 min

209 - If global warming is the question, free public transport is the answer

With the return to office happening all around the world, we’re seeing old problems come back; namely, traffic and congestion in cities. This is something we can, and should, solve - join us as we look at how we make it work for everyone. Plus on the 100th anniversary of the publication of Ulysses, what would Leopold Bloom have to say about traffic, land tax and urban economics. Hosted on Acast. See acast.com/privacy for more information.

Feb 01, 202237 min

208 - Breaking down the metaverse & why we we need to disconnect

There’s massive amounts of money being thrown around by people who are trying to invest in the metaverse… so what exactly is it? And perhaps more importantly: is it a necessary or even a desirable future that these companies are setting up for us. Hosted on Acast. See acast.com/privacy for more information.

Jan 27, 202236 min

206 - Is it Last call for Boris Johnson?

Today is about the UK: as Boris Johnson fights for his political life we breakdown the timeline of events that brought us here, when & how this all might end and finally: what is legacy might be. Hosted on Acast. See acast.com/privacy for more information.

Jan 20, 202242 min

205 - Can the centre hold?

WB Yeats in his poem "The Second Coming", described a world, 100 odd years ago, where the forces of economics and politics meant that "things fall apart" and "the centre cannot hold". In many ways he was right. In 1922, the centre didn't hold, not in Ireland, not anywhere. Things did fall apart. Today we look at the complexion of Irish society as it is, not as sloganeers might want it to be and ask the same question. Are we on the path of seismic change or something more gradual? The figures mig...

Jan 18, 202232 min

204 - The Origin of Covid. Where precisely did it come from?

Where exactly did Covid come from? Today’s episode tackles the origin of Covid, where did it come from, the food chain or a lab leak? A lab leak opens the door to all sorts of questions, geo-political, scientific and ethical. In fact, its one of the most important questions surrounding the pandemic and yet, it is the question few have asked? Conventional wisdom says it jumped from bats to animals in a Wuhan market, what it this is not true? Hosted on Acast. See acast.com/privacy for more informa...

Jan 13, 202244 min

203 - Is this the year crypto crashes?

I've no idea whether crypto and Bitcoin in particular will crash, double or stay where it is. No one does. In economic terms, cryptocurrency is definitely SOMETHING, but at this stage, it is patently not money. Join us as we explain how Bitcoin is clearly an asset, but its is definitely not money. Why a good way to look at money is to imagine it is like language and why money is a technology not a commodity. Could 2022 be the year to be cautious around the speculative asset that is crypto or tim...

Jan 11, 202233 min

202 - The Washington Putsch - One Year on

Let's talk America one year to the day after storming of Capitol Hill. Some warn the US is moving towards civil war, certainly the place is divided, what of the early Biden optimism and just when you though it was safe to dream again, he's back, more orange than ever. All this a discussion on productivity, wages and growth in Ireland. Hosted on Acast. See acast.com/privacy for more information.

Jan 06, 202240 min

201 - The World at a Tipping Point

The New Year and a new credit cycle. In 2021 the world was awash with money, but will this continue in 2022? If not what will it mean for the economy, for you, and for confidence? All credit cycles follow similar paths, we trace these cycles. Also what about European and Irish tech in the next 12 months and how John is becoming a drummer. Hosted on Acast. See acast.com/privacy for more information.

Jan 04, 202246 min

200 - The economics of Nighttime. Why we need more not less, socializing!

Happy Christmas! Hope you had a good one! Weird that this week we are talking about more boozing, more socializing, more venues, more events, more late nights, more entertainment just when things are closing down, but the best gift we can give the social economy, is open up everything, no more Victorian licences, and embrace the night time economy. For a city to live, it has to be 24 hours, for those who want to go out, where they like, when they like. All this plus, a framework for making bette...

Dec 28, 202143 min

199 - the Central banks have spoken… what does it mean?

Around the world the central banks have announced their vision for what 2022 will look like - How will these announcements affect your Daily budget and your ability to make biggest purchases? Join us to find out! Hosted on Acast. See acast.com/privacy for more information.

Dec 21, 202152 min

198 - The economics of Football

There's an extra episode this week!Thanks to the folks at NOW we're bringing you the economics of football to understand clubs really work, what are the incentives driving their behaviors and how in many ways they mirror our broader economy as a whole. Hosted on Acast. See acast.com/privacy for more information.

Dec 17, 202138 min

196 - The Russian crisis that nobody saw coming

The rising tensions between Russian and Ukraine has flared up faster than anyone could have predicted and we're now at the edge of what could be the biggest story of the year - so let's break down exactly what is happening and more importantly, WHY its happening Hosted on Acast. See acast.com/privacy for more information.

Dec 14, 202144 min

195: The economics that made America

Today’s episode we get all historical and look at economics of Alexander Hamilton, the man who forged America and got murdered for his troubles. Through his eyes we tackle hyper-inflation, financing revolution, central banking, government borrowing and trade and wonder why it all still feels so contemporary. Hosted on Acast. See acast.com/privacy for more information.

Dec 09, 202145 min

194 - What happens now?

As we go into another quasi-lockdown, what does it mean for the economy. What as Covid done to our understanding of the economy, why is this so different and what is likely to happen to the economy and in financial markets which are already expensive. Hosted on Acast. See acast.com/privacy for more information.

Dec 07, 202131 min

192 - Movement: markets, people and viruses

In the span of a single week, a bright outlook for 2022 is now starting to look quite bleak as the new South African Covid variant enters our communities & media cycles. Today’s episode is all about how movement works, across people, financial markets & of course… COVID Hosted on Acast. See acast.com/privacy for more information.

Nov 30, 202144 min

190 - The housing crisis solution is going to be imperfect

Today’s start is about the way out of the global housing crisis, how some well intentioned ideas have unfortunate unexpected consequence and why the way out of this problem is going to require us to accept some imperfect solutions. Hosted on Acast. See acast.com/privacy for more information.

Nov 23, 202145 min

189 - When money dies: Notes on hyperinflation, currency manipulation and Ponzi schemes, plus who is with who in the new Middle East

We explain precisely how exchange rate, interest rate and monetary policy actually interact and work - all within the first 30 mins! While inflation is grabbing headlines across the world whats hiding behind the headlines is fragile currencies: today we look at Beirut to understand what lessons we can take from a country when money dies. Hosted on Acast. See acast.com/privacy for more information.

Nov 18, 202147 min
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