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

Is Liz Truss the leader of a Doomsday Cult?

The UK, already the most unequal country in Western Europe, just got more unequal. We start by breaking through the internet noise with tangible facts about inequality and standard of living, comparing Ireland, UK. US and Norway. Then we examine the madness of the UK's budget, Sterling collapsing, gilts tanking and a country unhinged over there, before settling down to the predictable stability and calm of the Irish budget! Hosted on Acast. See acast.com/privacy for more information....

Sep 27, 202251 minSeason 2Ep. 277

Populism might not be what you think

Populism is often vilified - but it’s origin is far more noble than you might think - and we might all need a bit more populism moving forward! Hosted on Acast. See acast.com/privacy for more information.

Sep 22, 202233 minSeason 2Ep. 276

With interest rates going up, housing market is heading down

Housing is a global asset class now and now that rates are rising, lots of leveraged property funds are likely to go bust. How is this going to play out and what does it all mean? Hosted on Acast. See acast.com/privacy for more information.

Sep 20, 202230 minSeason 2Ep. 275

The Queen is dead. What now for her kingdom?

A few months back we talked about 1922 being the year the 20th actually began, in terms of modernism, ideology, politics and economics. We mused whether the same would be said of 2022, that this momentous year -with everything that is happening - would be the year the 21st century actually begins. There is nothing more 20th century than the British Empire and their monarchy. Is this the end of that road and what does that mean for the UK? Can the UK outlast the Queen? Hosted on Acast. See acast....

Sep 13, 202233 minSeason 2Ep. 273

Lizz Truss: Friend or Foe? And the state of the UK nation

The rotating cast of Torie leaders continues, this time it’s Lizz Truss’s time in the spotlight. What exactly is going on in the UK, and where is the nation headed? Hosted on Acast. See acast.com/privacy for more information.

Sep 08, 202244 minSeason 2Ep. 272

How it all came down: The story of the last leader of the USSR

More than a few years back, I got the chance to sit down and chat to the most consequential politician of my life, Mikhail Gorbachev, the last President of the USSR - the very antithesis to Vladimir Putin in every way, politically, intellectually and emotionally. We look back at his life and a leader who drastically changed the course of the world. Hosted on Acast. See acast.com/privacy for more information.

Sep 06, 202233 minSeason 2Ep. 271

With Euro/dollar below parity, lets talk exchange rates

Within the Euro, given the vastly different economic structures and stage of economic development, some countries, like Ireland, have undervalued exchange rates and others, like Croatia/Italy/Greece have overvalued exchange rates. This means that Ireland experiences massive supply problems, in housing, transport, too much inward investment etc, while the others experience severe deficient demand problems, unemployment, emigration etc. This represents a permanent flaw at the heart of the system; ...

Aug 30, 202236 minSeason 2Ep. 269

Weedenomics

The war on drugs has failed and the public perception of marijuana is changing rapidly, here's some numbers that underscore why legalization is long overdue! Hosted on Acast. See acast.com/privacy for more information.

Aug 25, 202246 minSeason 2Ep. 268

Financing a Revolution: The economics of Michael Collins

New countries start with no money. The departing colonists take everything with them, including capital. Like all former colonies, the New Ireland had no money. Micheal Collins, revolutionary leader and Minister of Finance, as well as head of the army, laid out a plan. From crowd-funding the 1916-1921 revolution, to setting up a national bank and a new national insurance company, designed to stop capital flowing to London, from marketing Ireland abroad, to rejecting state socialism and focusing ...

Aug 23, 202246 minSeason 2Ep. 267

The Economics of Music

Today an Irish artist needs to get around 4000 streams an hour or about 300,000 per month to earn the minimum wage which we know is far below what is needed to pay the rent. How can someone survive trying to be a musician? Today we explore the "new" economics of music, what is the financial reality for young and not so young musicians, the history of the music industry and why the economic of our old friend Joseph Schumpeter is behind it all. Hosted on Acast. See acast.com/privacy for more infor...

Aug 18, 202237 minSeason 2Ep. 266

Why the housing crisis can undo 30 years of economic growth

All over the world rent prices are skyrocketing and bringing unbearable pressure on the young and the most vulnerable. let’s talk about how this comes about and what can be done to fix it. Hosted on Acast. See acast.com/privacy for more information.

Aug 16, 202235 minSeason 2Ep. 265

How behavioural economics and personalization shapes your life

In partnership with Liberty Insurance, we bring you: Nudges, choices and personalization - today's episode is all about the countless small decisions we make everyday and how those choices are being influenced in new & various ways. Hosted on Acast. See acast.com/privacy for more information.

Aug 12, 202230 min

The Return of Malthus?

Droughts in Europe, resource-wars and global warming got us thinking about Thomas Malthus and his observations about population. Can we square the world's finite resources with the demands of 7 billion wannabe consumers? We talk positive checks, why hunter gathers were taller and ate better than the first farmers, plus the big Malthusian warning from the past, the Irish Famine. In the past two hundred years ,the world prized itself free of the Malthusian Trap via technology; could we be about to...

Aug 11, 202228 minSeason 2Ep. 264

Taiwan and the Global Economy (With Angelica Oung)

Taiwan was all over the news this week. We explore why this small island will be the most sensitive geo-strategic location for the coming showdown between the USA and China. The global economy can survive a conflict with Russia, with China all bets are off. Hosted on Acast. See acast.com/privacy for more information.

Aug 09, 202238 minSeason 2Ep. 263

Is Putin winning?

The War in Ukraine is entering its 6th month, many predicted it wouldn't last 6 days. As time drags on and Russia's energy strategy begins to pay off, can the West remain united? What does phase 2 of the war look like - and who is the most likely winner? Hosted on Acast. See acast.com/privacy for more information.

Aug 04, 202237 minSeason 2Ep. 262

Why Manufacturing Matters

Ireland is a manufacturing powerhouse, producing half as much as the UK per year, despite having a population that is 13 times smaller. With 1% of EU's population, Ireland produces 5% of total EU industrial output. 30 years ago, Ireland had practically no manufacturing base to speak of. How was this transformation achieved? Can it be sustained? Can a strong manufacturing base explain a countries political and social outlook and what else can developed from manufacturing prowess? If Ireland can b...

Aug 02, 202237 minSeason 2Ep. 261

Why the Italian government crumbled

Draghi is out and the Italian government is heading for yet another election - what is happening with this country that seems to be in constant political turmoil? Hosted on Acast. See acast.com/privacy for more information.

Jul 28, 202230 minSeason 2Ep. 260

How & why recessions happen

Starting with a Chinese example before moving to Ireland, we breakdown how exactly recessions happen, how one person’s behaviour spreads through society and what the current signals are saying about the winter to come Hosted on Acast. See acast.com/privacy for more information.

Jul 26, 202235 minSeason 2Ep. 259

The Coming Currency Crises. Are you safe?

Bit of a macroeconomic-fest this one. We examine currency crises and why currency collapses could become contagious. We are heading into strange economic times, expect far more currency crises than the mainstream expects. Watch this space in the Autumn. Expect debt forgiveness ahead. Plus this week we have a new slot: my answers to your questions on Patreon. Hosted on Acast. See acast.com/privacy for more information.

Jul 21, 202237 minSeason 2Ep. 258

What China’s shock recession means for you!

China is hurtling towards recession. This is a dramatic shift in the global economy which will have huge unforeseen consequence for the economy. Plus, last week Sony Kapoor outlined why the economically, financially and politically next ten years won’t be any like the last two or three decades. Hosted on Acast. See acast.com/privacy for more information.

Jul 19, 202236 minSeason 2Ep. 257

The end of Boris Johnson and the British Inconsistent Triplet

It’s finally happening! The "chaos monkey" is gone, but the chaos remains. We look at the trilemma facing the next British leader or as I prefer to call it the "inconsistent triplet" at the heart of UK policy making. What comes next for the UK? Hosted on Acast. See acast.com/privacy for more information.

Jul 12, 202236 minSeason 2Ep. 255

In conversation with Gary Shteyngard

Today’s pod is going to be slightly eccentric, we’re going to look at the world’s big events of the last year through the eyes of one of the world’s best satirist: Gary Shteyngard. In this wide ranging interview we’ll cover everything from Russia to Covid - and everything in between! Hosted on Acast. See acast.com/privacy for more information.

Jul 07, 202247 minSeason 2Ep. 254

People have the Power

As Patti Smith sang, People have the Power. The economic pendulum is swinging from capital to labor, from profits to wages, and these shifts never happen smoothly, markets - previously priced profits -freak out, central banks no longer support companies' P/L and we are in for a tumultuous few months, as the world digest what is happening. Economies, demographics, realpolitik & technology always change the face of our society, so are we now at the moment where the worker reclaims his and her ...

Jul 05, 202231 minSeason 2Ep. 253

The future of the internet with Tim O’Reilly

Metaverse, web 3.0 and NFTs have been appearing everywhere online in the last year - but what exactly are they? And perhaps more importantly, what do their arrival mean for our daily lives? Today we try to simplify it all with the help of Tim O’Reilly Hosted on Acast. See acast.com/privacy for more information.

Jun 30, 202239 minSeason 2Ep. 252

The transformation of Ireland and what comes next

Today’s episode looks at the long & the short of Ireland’s transformation. Through a series of choices we have carved a unique place within Europe - where do we go next? Hosted on Acast. See acast.com/privacy for more information.

Jun 28, 202247 minSeason 2Ep. 251

We don’t know ourselves - A conversation with Fintan O’Toole

Have things really changed? Is Ireland really that different than it was? What are the personalities that have marked our history? Through a wide ranging conversation with Fintan O’Toole we explore these topics to bring the spirit of Ireland to life in an unexpected way. Hosted on Acast. See acast.com/privacy for more information.

Jun 23, 20221 hr 4 minSeason 2Ep. 250

The future of the internet economy with Stripe co-founder: John Collison

Today we’re bringing you a unique conversation that I had with John Collison over the weekend where I got to ask him a wide variety of questions covering innovation, crypto, macro-trends for the internet and even flying cars! Hosted on Acast. See acast.com/privacy for more information.

Jun 21, 202256 minSeason 2Ep. 249
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