

The Other Hand
Jim Power & Chris Johns
Economics and finance demystified.A recent listener's comment:"I first heard about ChatGPT on your podcast and immediately started using it. I’m 73 and wrote my first program at 16. Having witnessed all developments in computing down the years I think this is the greatest since www. Your pod is informative in many different areas, politics, economics, society changes, housing crisis etc but at times goes beyond that. This episode tying up all this but also the implications of AI with a knowledgeable guest. ENTHRALLING! Keep it coming."cjpeconomics.substack.com Hosted on Acast. See acast.com/privacy for more information.
Episodes
Mentioned books

Apr 18, 2024 • 31min
Will Ireland go Dutch? Prolonged coalition negotiations likely if no party gets more than 30% of the GE vote.
Latest opinion polls - and a bit of political crystal ball gazing - points to no one party getting more than 30% of the vote at the upcoming Irish general election.Why is that and what might it mean? Will Ireland 'Go Dutch' (or Belgian...)? Are we in for weeks or even months of prolonged coalition negotiations?The deteriorating geopolitical situation might give voters pause for thought about the sort of politicians they want. As talk of WW3 gets louder, will Ireland want to be led by SF?What is for sure is that SF policies will be subject to forensic scrutiny - unlike last time.Ban Tik Tok? Chinese Communist Party or Elon Musk - who is the better owner of social media companies? Hosted on Acast. See acast.com/privacy for more information.

Apr 16, 2024 • 34min
It's beginning to look a lot like the 1930s
Initial financial market reaction to big events is often wrong Hosted on Acast. See acast.com/privacy for more information.

Apr 14, 2024 • 29min
Higher for longer US interest rates = higher for longer mortgage rates in Ireland and U.K.
More thoughts on the. Economics of Irish reunification Hosted on Acast. See acast.com/privacy for more information.

Apr 11, 2024 • 49min
Irish reunification: the costs and other issues - many that haven't even been thought about
Professor Edgar Morgenroth has recently published a joint paper with professor John Fitzgerald that takes a deep dive into the potential costs of Irish reunification.We talk to Edgar about his work. We look at lessons from german reunification and the asumptions behind his estimates that it could cost the Irish taxpayer a lot of money. And a lot of sweat and tears.Planning will be essential. Bad outcomes after ill thought out referendums have historical precedent. Brexit for instance. Hosted on Acast. See acast.com/privacy for more information.

Apr 8, 2024 • 27min
Getting ready for war in Europe? Competing narrative fallacies about markets.
Watch the oil price Hosted on Acast. See acast.com/privacy for more information.

Apr 3, 2024 • 32min
Inflation falls again. But interest rates cut hopes fade. World economy fails to land - takes off instead.
Irish and Eurozone inflation falls again - what is the ECB waiting for?In the US, the super soaraway economy is dashing hopes of quick rate cuts . Perhaps any rate cuts. We need to remind ourselves that this is a good thing. Will the earthquake in Taiwan create another supply shock? We think not but it is worth watching. So are oil prices worth close monitoring.Preparing for war on islands just off Taiwan.Is the EV craze cresting?Why do some US Republicans believe anything that Putin says?We look at the history of civilian casualties during wartime. Hosted on Acast. See acast.com/privacy for more information.

Mar 31, 2024 • 36min
Is free trade always and everywhere a good thing? Get ready for the 2nd China shock - the first one gave us Trump, Brexit and the populist plague
One of the first thing that economists are taught is the Free Trade is a Good Thing. One thing that economists don't speak too much about is that free trade creates both winners and losers. Arguably, not nearly enough attention has been paid to the losers.Whether or free trade is always a net positive depends on many factors. And the alternatives to free trade - the choices made by politicians about things like protectionism - can be even worse. That said, China's accession to the World Trade Organisation was a huge shock and wiped out huge swathes of manufacturing industry and jobs throughout the developed world. Too much too soon seems have been the case. Those left behind communities became the hunting ground for Trump, Brexiteers and populists. They stil are - and there is a distinct possibility of a second China shock coming our way. What will be the results this time?Irish SMEs complain about government inspired costs and regulatory burdens. Are they right to moan? A lot of SMEs are either failing or in danger of going bust.Interest rates: the new normal isn't too far away from where they are now. Discuss. Hosted on Acast. See acast.com/privacy for more information.

Mar 27, 2024 • 35min
'I didn't leave Fine Gael, they left me'. In conversation with leading journalist Sarah Carey
Leading journalist Sarah Carey talks to Jim and Chris about Leo Varadkar's departure and Simon Harris' accession.'Harris needs to be much more than a good communicator'. The big test, one of many, will be his choice of cabinet. That will signal whether genuine change is on the way. 'The reshuffle will tell us if Harris is serious'Will any exiting FG TDs be tempted back?Why are so many voices of the centre so scared to speak up?Why do 'progressives' oppose building anything?Harris should ban his party from social media.Mainstream media ( we are looking at you Fintan and Una) is as responsible as Sinn Fein for painting Ireland as a failed state. All of the evidence, with full acknowledgement of all of the problems, shows emphatically that Ireland is the opposite of a dystopian hell hole.Sinn Fein have peaked. The electorate is waking up to the fact that they offer slogan without solutions. The ones to watch are the independents. Maybe some of them should be tempted into government via ministerial appointments - but only if they join the Party.Politicians take all of the blame and none of the credit. It's a cruel and thankless gig. Maybe FG need a spell in opposition? Hosted on Acast. See acast.com/privacy for more information.

Mar 23, 2024 • 38min
House prices firmly on the rise again. Leo exits.
Global growth showing signs of acceleration Hosted on Acast. See acast.com/privacy for more information.

Mar 21, 2024 • 33min
War in Gaza, Ukraine and....Sudan. Give every new born a €5000 Global Equity ETF. First BoJ hike in 17 years
Markets are telling us to stop worrying Hosted on Acast. See acast.com/privacy for more information.


