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#083 - Gavin Rice - Growth, Housing, Welfare, Immigration, Politics & AI Disruption

The Peter McCormack Show

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Economic Expertise vs. Political Decision-Making

This chapter explores the disconnect between economic knowledge and the actions taken by politicians, emphasizing how electoral pressures often lead to suboptimal policy choices. The discussion highlights barriers to effective reforms, especially in housing, and challenges prevalent misconceptions about economic principles among both politicians and voters. Additionally, it examines the implications of asset speculation on wealth distribution amid current economic conditions, revealing the need for deeper economic understanding and reform.

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