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.


If you would like to support the show, please consider becoming a patron at www.patreon.com/DavidMcWilliams.

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

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Episodes

Fiscal Incontinence!

What a scandal at the Irish national broadcaster tells us about how the country became the most expensive place to live in Europe. It's all about value for money and how the government's inability to keep down costs, seeps into the wider economy, pushing up all prices, making everyone feel poorer despite having more money than ever. Hosted on Acast. See acast.com/privacy for more information.

Jul 04, 202338 minSeason 2023Ep. 52

European evolution, train tales and the history of mathematics

From a train journey to Ishango bones we talk about Europe’s complicated relationship with Africa before turning our sights (and your ears) to Maths - and how Math has shaped society as we know it! Hosted on Acast. See acast.com/privacy for more information.

Jun 29, 202336 minSeason 2023Ep. 51

A Russian Revolution?

The whole world learned the name Prigozhin over the weekend as the warlord threatened Putin and plotted a course for Moscow. With this failed coup now behind us, let’s analyze what this means for the Putin regime. Hosted on Acast. See acast.com/privacy for more information.

Jun 27, 202338 minSeason 2023Ep. 50

Searching for America with David Brooks

In this intimate conversation, we discuss America - from a political, personal & cultural point of view to understand this land where decisions and policies ripple across the world. Hosted on Acast. See acast.com/privacy for more information.

Jun 22, 202354 minSeason 2023Ep. 49

Why modern cities need to look at the 19th century for inspiration

Urban living is nothing new, but some decades did it better than others! Let’s look at how people designed cities before the advent of cars and what we can be inspired by as we look ahead. Hosted on Acast. See acast.com/privacy for more information.

Jun 20, 202333 minSeason 2023Ep. 48

The Unionist strategy against Irish Unity: Poverty

Brexit was supposed to drive a wedge between the two jurisdictions of Ireland. In reality it has built a bridge: There's far more trade between the North and the South now. Demography is only going one way and the reaction of the Unionists is immiseration. How else can we interpret the Unionist default position of “the south can’t afford us” other than a strategy to stay poor so that the bill of unity might be too steep for Irish taxpayers? These may be the first political force in a democracy t...

Jun 15, 202332 minSeason 2023Ep. 47

The Economics of Football seen through the eyes of Logan Roy

Love Football? Love Succession? You're gonna love this one in which we explain the economics of football as Logan Roy would explain it to Shiv, Kendal, Roman and Conor. The game's business model is completely dumb: relegation guarantees bankruptcy and clubs are nothing more than dick waving trophies for bored Princelings. No holding back here, stay tuned to find out more! Hosted on Acast. See acast.com/privacy for more information.

Jun 13, 202338 minSeason 2023Ep. 46

The opioid crisis in America is coming to Europe

America has been fighting through a series of drug epidemics in the last few years, and those drugs are now poised to cross the pond. Today we take a look at what is going on and why Europe should be worried at what's coming from the USA. Hosted on Acast. See acast.com/privacy for more information.

Jun 08, 202336 minSeason 2023Ep. 45

Why more interest rate hikes are coming and Irish census revelations

We start in America, breaking down the impact of the debt ceiling deal & why more bank fallouts are likely on the way before moving to the Irish census to talk about what we can learn from this amazing “day in the life” view of the Irish population Hosted on Acast. See acast.com/privacy for more information.

Jun 06, 202336 minSeason 2023Ep. 44

Follow the money

All criminal enterprises are enterprises, meaning they are businesses…and like every business they leave a money trail. Today we talk to the man who is suing the Wagner Group, hitting them in their deep pocket. Jason McCue has successfully prosecuted the IRA and HAMAS, now he’s going after Wagner. Fascinating stuff! Hosted on Acast. See acast.com/privacy for more information.

Jun 01, 202333 minSeason 2023Ep. 43

What you know about Western civilization is wrong

The saying goes that there’s a straight line from Plato to Nato - but actually, it’s much more complicated than that. Today we explain why we repeat a story that we know to be untrue and what the real story is. Hosted on Acast. See acast.com/privacy for more information.

May 25, 202335 minSeason 2023Ep. 41

The Coming Great Crash?

They say that history doesn’t repeat itself, but it rhymes. Today’s discussion is all about what we can take from history as we navigate this slow grinding bank crisis, many years of easy money and still elevated asset prices - all in a time of rising, not falling interest rates Hosted on Acast. See acast.com/privacy for more information.

May 23, 202344 minSeason 2023Ep. 40

A Coming US Default?

Is the US about to manufacture a debt crisis? Don't rule it out. There are enough nut-jobs knocking around Capitol Hill for whom shutting down government is a victory not a catastrophe. And once we’re finished with the Lunes on the Hill, we explains what any Irish sovereign wealth fund (PS: we’re delighted the government is listening to our ideas!) ought to be focussed on. Incidentally, paying down debt is actually the worst use of money possible. Hosted on Acast. See acast.com/privacy for more ...

May 16, 202337 minSeason 2023Ep. 38

American Bank Carnage part 2

The American banking system is experiencing a slow grinding crisis. We explore, why this is happening, why now and why the Fed adopted a completely different attitude to the 2023 banking crisis than the 2008 crisis and what this all means for the economy and the way we distribute money around the 21st century economy. And further out, could Apple - the great disrupter - be poised to disrupt Wall Street? Hosted on Acast. See acast.com/privacy for more information....

May 11, 202331 minSeason 2023Ep. 37

How does the UK recover financially?

The UK is what happens when economic growth stops. So on the week of the coronation let’s look at what is happening in the country and what it takes to right the wrongs of the last few years. Hosted on Acast. See acast.com/privacy for more information.

May 09, 202340 minSeason 2023Ep. 36

The Dream Economy

Arts and culture are associated with many things, but rarely is economic impact cited. This is right, culture is not a spread sheet, but nor too is economics. The economy is a highly sensitive ecosystem of which arts and culture are part. We examine the role of culture in the economy, plus in a special detour, we look at the economics one of Ireland's great revolutionary heroes, Wolf Tone. Hosted on Acast. See acast.com/privacy for more information.

May 04, 202337 minSeason 2023Ep. 35

Civilization and the planet

We seldom hear how the environment affected the growth and collapse of civilizations across the world and history. More than any other factor, the environment has been a defining factor to where we live, how we organize and what we consume. Today we’re joined by the great Peter Frankopan for a masterclass in this untold story. Hosted on Acast. See acast.com/privacy for more information.

May 02, 202339 minSeason 2023Ep. 34

The Paradox of Prudence

Having money is only half the battle, deploying it well is the other half. We look at Ireland's financial balance sheet: we're saving far too much! By saving too much, both at the State and the punter level, we are hiding behind the sanctimonious veil of savings rather than involving ourselves in hard thinking, which is what economics is all about. Economists have a bias towards prudence and prudence only, this is highly costly and is an abdication of responsibility. Money is an energy, we have ...

Apr 27, 202327 minSeason 2023Ep. 33

Feed your Brain

I’ve just come back from giving a TED talk in Vancouver. Brilliant experience, lots of amazing speakers, top notch presentations ;which more than anything reveal to us the stories that nations tell themselves. Today we also announce the line up for the Dalkey Book Festival, showing that as a nation of storytellers, we Irish are still second to none. Hope to see you at Dalkey which kicks of with a live podcast! Hosted on Acast. See acast.com/privacy for more information....

Apr 25, 202333 minSeason 2023Ep. 32

Biden, Relationships VS interests & Contemplations from TED

Countries don't have relationships, they have interests - this notion guides us as we reflect on the coverage of Biden's visit to Ireland before tackling the current economic landscape of Canada from my vantage point in Vancouver where I'm preparing to give a TED talk Friday! Hosted on Acast. See acast.com/privacy for more information.

Apr 20, 202338 minSeason 2023Ep. 31

The benefits of longterm thinking in the TikTok age

Future citizens have, by definition, no voice but someone needs to speak on their behalf if we’re meant to build a longterm society. The solution to the global housing crisis requires longterm thinking, creating solutions that will sustain us for at least the next 100 years, not just the next election cycle… and it’s much more affordable than you might think! Hosted on Acast. See acast.com/privacy for more information.

Apr 18, 202327 minSeason 2023Ep. 30

Why negativity took over the news cycle

Communicating the bad before the good is an evolutionary trait that has helped us survive - but in today’s world, our ancestral instincts and the need to sell media has created a vicious circle that we need to expose and change. Hosted on Acast. See acast.com/privacy for more information.

Apr 13, 202334 minSeason 2023Ep. 29

Global Irish Soft Power

What does Ireland do for the Irish Diaspora? Here's an idea: why not use Ireland as the re-charging battery for the Irishness of the Global Irish Tribe? Let's use Biden’s visit to Ireland this week to think about how we harness the soft power of Ireland's greatest and unique asset: the tens of millions people around the world who identify as Irish. Soft power is the power of imagination, and in the future a country's soft power will become much more important for our economy. Hope you enjoy this...

Apr 11, 202333 minSeason 2023Ep. 28

It's Easter, Ramadan, Passover take your pick! We head to Jerusalem, spiritual home of all three religions.

It's Easter, Ramadan and Passover, so let's go to the centre of the three Abrahamic religions, Jerusalem. Many years ago I spent time living and working in Israel which gave me a first hand impression of the country - both good and bad. This week we talk Israel - a country of 9 million people - as that country erupts in anti-government demonstrations, while some in that government talk openly about annexing the West Bank. We also chat to the last Jew in Cork, who emigrated from Cork to Jerusalem...

Apr 06, 202343 minSeason 2023Ep. 27

Why a country can be rich on paper, but feel poor in reality

You've never had it so good, but you ain't feeling it. Sound familiar? We explain this dilemma at the heart of a society - in this case Ireland - but its can be applied to many countries. It is one of the reason why politics seems so unstable even in countries where economic data appears robust. Unless economic figures percolate down to how people are experiencing the economy, they are not only unhelpful but worse, they are antagonising. Hosted on Acast. See acast.com/privacy for more informatio...

Apr 04, 202329 minSeason 2023Ep. 26

China plays chess, while Russia plays poker

Putin has managed to turn Russia into a vassal state of China, a fact confirmed by Xi’s visit to Russia. The Sino/Russo alliance against the West is solidified between them but the alliance is not one of equals. Russia is China’s petrol station, while China provides Russia with manufacturing goods. This is China's moment. This week we discuss politics, geo-strategy and the enduring appeal, despite its failings, of the West. Plus a riff on car seats, Yuri Gagarin and why in 1492, it was European ...

Mar 30, 202334 minSeason 2023Ep. 25

The Next Global Banking Crisis is Here

The easiest way to rob a bank is to run it. Banks go bad from the inside out. When interest rates shift upward, lots of mistakes and dodgy practices are revealed. We break down where we’re at globally and what comes next - spoiler alert: it ain't pretty. Hosted on Acast. See acast.com/privacy for more information.

Mar 28, 202341 minSeason 2023Ep. 24

Apartment Living Cures Housing Viruses

The global housing crisis is significantly worse in countries that speak English. Why? Is it because far few English speakers live in flats? Flats are cheaper to build, creating more dense communities and apartment dwellers object far less than those who live in houses. We explore the joy of apartments today with the expert help of John Burn-Murdoch Hosted on Acast. See acast.com/privacy for more information.

Mar 23, 202339 minSeason 2023Ep. 23
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