The David McWilliams Podcast
David McWilliams & John Davis
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.
Episodes
Mentioned books
Feb 4, 2025 • 41min
The Population Paradox: Growth, Crisis, and the Global Economy
Is rapid population growth a sign of strength or a crisis trigger? The discussion dives into how shifting demographics are reshaping global economies, highlighting issues like housing shortages and overwhelmed public services. Exploring the political dynamics influencing these changes, the talk emphasizes the balance needed between immigration and sustainable growth. Lessons from history are used to illustrate the risks of neglecting planning for demographic changes. Urgency for mature conversations and proactive strategies becomes central to navigating these challenges.
35 snips
Jan 30, 2025 • 41min
DeepSeek, Deep State or Deep Pockets? Karen Hao on China’s AI Power Play
Karen Hao, an award-winning journalist specializing in AI, discusses China's groundbreaking AI company DeepSeek. She reveals how DeepSeek is outpacing OpenAI at a fraction of the cost, fundamentally altering the tech landscape. The conversation dives into the geopolitical ramifications of this shift, questioning if the U.S. is inadvertently strengthening its competitor. Hao emphasizes how innovation thrives under constraints, challenging traditional notions of funding and success in tech. This exploration showcases a riveting battle for AI supremacy on the global stage.
33 snips
Jan 28, 2025 • 37min
From Fartcoin to Trumpcoin: How Memes and Tokens Are Redefining Power and Wealth
Dive into the wild world of meme-driven cryptocurrencies like Fartcoin and Trumpcoin, where narratives shape wealth overnight. Explore the clash of power, finance, and attention as social media reshapes our economy. Uncover the tactics behind America's financial innovation and cultural dominance. Discuss the implications of these digital currencies on our understanding of wealth and their potential impact on global trade. Is the attention economy the future, or just a fleeting bubble? Tune in for a thought-provoking ride!
48 snips
Jan 23, 2025 • 44min
The Coming IMF Bailout of Britain!
In this discussion, young Irish economist Philip Pilkington dives into the cracks emerging in Britain's economy. He highlights the alarming rise of bond yields and the weakening pound, drawing parallels with historical currency crises. The conversation addresses the UK’s overreliance on financial services, the risks of an IMF bailout, and the implications for the Labour government. Pilkington warns that without urgent reforms, Britain might face political and economic upheaval reminiscent of troubled nations like Argentina.
25 snips
Jan 21, 2025 • 40min
The MAGA Era: Irish America’s New Identity
Niall Ferguson, a historian renowned for his insights into the Trump administration, joins the discussion to unveil the evolving identity of Irish America. They delve into how Trump’s rise has reshaped cultural dynamics, transitioning from Kennedy-esque ideals to the MAGA movement. Ferguson critiques the backlash against woke culture and emphasizes the need for Ireland to reassess its ties with its diaspora. The conversation also touches on the influence of figures like Dana White and the implications of these shifts in the political landscape.
38 snips
Jan 16, 2025 • 34min
King Trump and the Bubble Economy
Dive into the exuberance of America’s tech giants and the lurking risks of the current market. Explore the dangers of the Magnificent Seven, where major players like Apple and Tesla dominate. Reflect on the psychological aspects behind economic bubbles and how history warns us against misplaced optimism. Discussion on the interplay between innovation and speculation reveals the complexities of modern investments. With Trump’s influence looming, the episode tackles the fragility behind seemingly invincible tech companies.
22 snips
Jan 14, 2025 • 36min
Monsignor Joe Rogan and the Tech Bro Confessions: Risk, Bubbles, and MAGA Tailwinds
This week covers intriguing insights into the fragile world of tech giants like Apple and Tesla, questioning their unshakeable status amidst potential financial bubbles. Explore how California's insurance market is grappling with wildfires and the impact of concentrated risk. The absurdity of tech bros seeking absolution from Father Joe Rogan adds a humorous twist, while the psychology of market behavior and survival strategies through diversification take center stage. Join the crew for a wild ride through economics and entertainment!
61 snips
Jan 9, 2025 • 34min
The Epiphany: What Joyce, the Dead, Musk and Twitter Teach Us About Economic Power
Dive into the connections between James Joyce’s 'The Dead' and today's digital age, exploring how historical insights mirror our current societal shifts. Discover the transformation of media from advertising to an arena for ideas shaped by modern gatekeepers like Musk and Zuckerberg. Unpack generational divides in understanding social issues and the evolution of consumer culture influenced by powerful figures. Reflect on the uncertainty of change and what it means for our future as we navigate this chaotic landscape.
16 snips
Jan 7, 2025 • 33min
America’s $30 Trillion Gamble: How Debt Could Rewrite the Global Economy
America's staggering $30 trillion debt poses unique challenges to its financial dominance. The conversation delves into the historical parallels with Britain's economic decline, revealing the risks of relying on foreign creditors. The role of billionaires in amplifying vulnerabilities is also scrutinized, highlighting how wealth influences policy. Furthermore, disparities in financial responsibility and governance are examined, particularly how the poor bear the brunt of economic instability. Ultimately, the podcast warns of potential upheaval from America's precarious fiscal future.
12 snips
Jan 2, 2025 • 31min
Runways to Reality: How Airports Reflect the World Around Us
Discover how airports serve as the most democratic spaces, connecting everyone from business tycoons to adventurers. Explore Dublin Airport's unique role in showcasing Ireland's global connectivity and diversity. Delve into the importance of varied economies versus monoculturalism, with historical references like the Irish famine. Unpack the impact of aviation on tourism and commerce, alongside the challenges of balancing economic growth and environmental concerns. Airports aren't just transit points; they're reflections of societal dynamics and economic resilience.
