
Hosted by David McWilliams & John Davis · EN
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.
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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.
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This week, we’re diving into a story that wasn't on anyone’s bingo card: 50,000 people breaching one of the most fortified borders in the world in a single weekend. We’re talking about "demographic warfare," the new reality where migration is weaponised to pull the strings of global politics. From the lanyard class in Brussels to the average dude on the street, the gap over immigration is turning into a chasm, and the European Union is starting to fray at the seams. We look at the geopolitical axis between Washington, Tel Aviv, and Rabat, and ask the big question: can the European project survive when its borders become the ultimate battlefield? To understand the economy, you have to understand human nature. Hosted on Acast. See acast.com/privacy for more information.

Is AI our new Prometheus, or have we just opened Pandora’s box? We dive into the risks of "techno-feudalism," why the "middleman" being replaced by robots is actually just us, and why 3,000 years of Greek wisdom might be more useful than a Silicon Valley algorithm. It’s a bit of mythology, a bit of economic history, and a reminder that while intelligence is great, wisdom is what keeps the social fabric from fraying. As the Big Lebowski says, the dude abides. Join us. Hosted on Acast. See acast.com/privacy for more information.

Theoretical physicist Matt Fenlon joins the podcast to expose the systemic lack of transparency in Irish public expenditure. As the state budget doubles to €133 billion, Fenlon discusses the black hole in procurement, the surge in opaque consultancy fees, and how a Golden Thread of data could finally bring accountability to government spending. This conversation explores why the Irish state struggles to measure value for money and what happens when a bureaucracy becomes larger than the political class meant to manage it. Check out the spending tracker discussed in the episode at: statespend.ie. Hosted on Acast. See acast.com/privacy for more information.

Ireland has cash coming out of its ears, and nothing to show for it. Sinead O'Sullivan is back to expose the wild dysfunction inside the Irish state: no one is accountable, nothing gets finished, and the same problems get "solved" over and over again. Hosted on Acast. See acast.com/privacy for more information.

Spain beat Argentina 1-0 in a scrappy, dirty World Cup final, in what felt like 500 years of history playing out on a pitch in New Jersey. We use the final as an excuse to ask the big question: why did Spain's colonies end up poor and England's end up rich? Silver, slavery, the Inquisition, and the invisible thread that still connects a Buenos Aires slum to a New Jersey kitchen. Hosted on Acast. See acast.com/privacy for more information.

History says yes. We rewind to 1873, when a stock market wobble in Vienna triggered a global railway crash that took down banks, empires and 80% of world lending in a matter of months, and ask whether we're staring straight at a rerun. AI spending is now bigger than the entire US defence budget, the same handful of companies are quietly funding each other in a circle, and China is quietly open-sourcing the whole thing to undercut Silicon Valley. If it pops, it'll pop between now and October. Hosted on Acast. See acast.com/privacy for more information.

On this 14th of July, as Les Bleus face Spain in the semi-final, France is heading into a political crisis that could reshape Europe because where France goes, Europe usually follows. We dig into why Marine Le Pen is now the favourite for the presidency, why the French football team has become her loudest critic, and, with France on the brink, why a World Cup win might yet influence politics in a way that few sporting achievements have ever done before. Hosted on Acast. See acast.com/privacy for more information.

Norway turned North Sea oil into $2 trillion in the bank. Britain turned it into tax cuts, unemployment cheques and a housing bubble. We unpack the tale of two oil finds, why one country nailed it and the other blew it, and what it says about how nations really make, and lose, their fortunes. Hosted on Acast. See acast.com/privacy for more information.

250 years on, we ask the question: would America even exist without Alexander Hamilton? We tell the story of the French-speaking outsider who created the dollar, faced down the states, and set the world's biggest economy in motion, before being murdered in one of history's strangest duels. Hosted on Acast. See acast.com/privacy for more information.

Every day that the Irish Financial Service Centre is open, they're selling an Irish business into foreign ownership. Since 2018, overseas acquirers have spent over €100 billion buying up Irish companies. I'm joined by Alan Coleman to look at why this is happening. We look at employee ownership trusts as a solution already working in the UK and Canada, the tax barriers holding it back in Ireland, and the surprising historical Irish precedent for the idea. Hosted on Acast. See acast.com/privacy for more information.