Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Apple or Spotify it really helps! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Jan 18, 2022•34 min•Transcript available on Metacast Please ignore last email - it contained the last episode of 2021. Apologies This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Jan 11, 2022•38 min•Transcript available on Metacast Thank you for reading & listening to The Other Hand. This podcast is public (and free) so feel free to share it. Please leave a review on Apple or Spotify - it really helps us This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Jan 05, 2022•38 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Apple or Spotify This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Dec 22, 2021•40 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Apple/Spotify. Our work is free and unsupported by subscription or advertising so if you like it, please tell your friends! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acas...
Dec 18, 2021•40 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Apple or Spotify. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Dec 15, 2021•34 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Apple or Spotify. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Dec 11, 2021•36 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Apple or Spotify. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Dec 02, 2021•39 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review on Spotify or Apple. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Nov 30, 2021•37 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. Please leave a review, if you can, on Apple or Spotify This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Nov 25, 2021•39 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. If you can, please leave a review on Apple or Spotify platforms This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Nov 22, 2021•42 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Nov 16, 2021•33 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Nov 13, 2021•36 min•Transcript available on Metacast Thanks for reading The Other Hand! Subscribe for free to receive new posts and support our work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Nov 10, 2021•38 min•Transcript available on Metacast The bank of England all but promised an interest rate rise this week but then failed to deliver. What is going on? US jobs are growing again but US interest rates are not. For how long? Stock markets love the mix of decent growth and a docile central bank. Latest data suggest no let up in surging Irish tax revenues. November will be the big corporation tax month. Ireland and UK covid rates have recently crossed. But there is better news from big pharma: anti-virals are almost as big as the news ...
Nov 06, 2021•30 min•Transcript available on Metacast Interest rate rises around the world now seem to be just a mater of time. How fixed is your mortgage? When environmental campaigners tell us ‘we are all doomed’ how do we react? Is this kind of messaging the way most likely to get us to make the necessary changes to or behaviour? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.pow...
Nov 03, 2021•38 min•Transcript available on Metacast For centuries, the ways in which many societies governed themselves were indistinguishable from mafia-type governance structures. Along came democracy, the rule of law and meritocracy. But how much has really changed? Have we just changed one set of feudal barons for another, albeit with a slightly thicker veneer of civilisation? As philosopher Michael Sandel says, meritocracy is a scam. Prominent economist Jeffrey Sachs recently asserted that America is ruled by and for a small elite - and alwa...
Oct 30, 2021•40 min•Transcript available on Metacast Leading economist Duncan Weldon once again joins The Other Hand to discuss the issues of the day. In his own recent substack post Duncan noted that an ex-Chief Economist of the Bank of England recently stated that ‘economists have no general theory of inflation’. When you think about it, that’s quite a statement. The UK budget revealed another shape-shift for the Tory party. A Chancellor who believes borrowing is ‘immoral’ nevertheless wants to spend a lot of borrowed money. And is raising taxes...
Oct 28, 2021•39 min•Transcript available on Metacast Leading economist Duncan Weldon joins Chris in conversation about how tax revenues are giving finance ministers in Ireland and the UK much more room for manoeuvre - for now at least. Is the the UK government setting itself up for stringency now to be followed by pre-election giveaways? The British have a strange attitude towards financing de-carbonisation. The state of economic journalism. Modern economics: what message does the recent Nobel prize send? This is a public episode. If you would lik...
Oct 21, 2021•37 min•Transcript available on Metacast In Jim’s absence (he always needs a couple of weeks off after the budget), Chris speaks to leading hedge fund manager Peter Van Dessel. An Irishman living in the USA, Peter brings a unique and insightful perspective to the current state of Ireland. He shares his thoughts on the ways in which supply shortages and inflation may well last an awful lot longer than many policy makers seem to think. With many a twist and turn along the way. This is a public episode. If you would like to discuss this w...
Oct 18, 2021•35 min•Transcript available on Metacast The budget was the expected smorgasbord of measures. A budget that makes abundant sense to a centrist. But in this age of populism, does it cut the political mustard? Can the centre hold? In the words of Yeats: Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; The best lack all conviction, while the worst Are full of passionate intensity. The test of Ireland’s political stability...
Oct 13, 2021•33 min•Transcript available on Metacast Budget 2022 arrives with amazing news about Ireland’s fiscal position. For once it is unambiguously good news. Why not spend all those extra tax revenues on much needed infrastructure? Health and housing? If you read much of Irish media and listen to opposition politicians, Ireland resembles a dystopian hell-hole. Others - inevitably outsiders - see the country as one of the most prosperous places on earth. One of the mysteries of the age is why the coalition allows the opposition to control the...
Oct 09, 2021•38 min•Transcript available on Metacast Ireland’s tax take is extremely buoyant, at least for the first 9 months of the year. What to spend all the money on? can it last? Boris Johnson has discovered an economic ideology. One that makes no sense whatsoever but is an interesting departure. He is finally accountable for something that can be measured. But Tories don’t like ideologies, least of all one that is a sort of anti-business Neanderthal Thatcherism. This is a public episode. If you would like to discuss this with other subscribe...
Oct 06, 2021•37 min•Transcript available on Metacast The world economy is slowing down. Asia, including China, is weakening. European indicators are flashing Amber. Britain’s bosses are warning about a collapse in confidence. The energy shock, if it persists, could lead to even more trouble. A small thing perhaps, but a British minister has, finally, admitted that Brexit involves an economic ‘transition’. That’s code for ‘problem’. Maybe even ‘trouble’. Cast in the language of ‘moving from one equilibrium to another’. It’s school-level economics. ...
Oct 02, 2021•37 min•Transcript available on Metacast Rising oil and gas prices join the long list of things joining the inflation party. How are central banks going to react? Is this the end of the long party for stock markets? Is this an energy crisis that could bring the post-pandemic recovery to a juddering halt? ‘Conspicuous environmentalism”. Surely it’s time for leadership and honesty? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a m...
Sep 29, 2021•39 min•Transcript available on Metacast We ignore history. Policymakers certainly do. But there is very little new under the sun. Duncan Weldon reminds us that we ignore history at our peril. And peril is where we are at. There is so much in this unusually readable book. ‘Levelling up’ is at least a century old, despite Boris Johnson taking credit for its invention. Want to know what some of today’s Trump-Johnson-Orban leaders resemble Mafia Dons? Take a look at history: we are more often ruled by kleptocrats than democrats. Jim and C...
Sep 24, 2021•49 min•Transcript available on Metacast Is China and it’s indebted property companies reliving the West’s Great Financial Crisis? Gas prices and inflation and a cost of living crisis? Empty shelves for Christmas? Regular journey’s by road and sea between Britain and Ireland: a changing perspective. A radically different perspective. The Other Hand is completely free to read & listen. Please spare a few seconds and give us a review on Apple Podcasts or Spotify. Many thanks This is a public episode. If you would like to discuss this wit...
Sep 23, 2021•39 min•Transcript available on Metacast The annual budget circus has started. Love Island is more entertaining and only marginally less significant. Why do we do this to ourselves? Years ago, politicians deemed themselves incapable of managing monetary policy and the all-important setting of interest rates was handed over to technocratic central bankers. Surely the same considerations apply to taxation & spending policies? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episode...
Sep 15, 2021•33 min•Transcript available on Metacast Some personal reflections on the 20th Anniversary of 9/11. And some stuff on the budget and interest rates This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns . Hosted on Acast. See acast.com/privacy for more information....
Sep 11, 2021•38 min•Transcript available on Metacast The Economist has a big piece this week on ‘the rise of the illiberal left’. That newspaper is as worried about the extreme left as it is about the totalitarian right. So are we. One aspect of political extremism is lying. Chris’s written piece on this is questioned by Jim - not uncritically! Economic forecasting is an exercise in futility. Most of the time. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.subs...
Sep 08, 2021•37 min•Transcript available on Metacast