Garys Economics
Gary Stevenson
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
Episodes
Mentioned books
Dec 26, 2021 • 10min
Why are economists' predictions almost always wrong?
Economists love to make predictions in the media, but they're almost always wrong. Here's why.
Dec 19, 2021 • 13min
Basics of investing – and why you should buy a house as soon as you can
Explore the crucial reasons behind property ownership and its importance for financial security. Discover the stark contrasts in investment capabilities between the wealthy and those facing economic constraints. Delve into the risks of get-rich-quick schemes. The discussion highlights the systemic inequalities that can hinder low-income individuals from achieving property ownership, emphasizing the need to invest wisely.
Aug 1, 2021 • 10min
Why is housing so expensive?
House prices are rising faster than wages in major cities around the world. Why is this happening, and can we do anything about it?
Jun 7, 2021 • 8min
What would the economy look like if we fixed wealth inequality?
Gary shares his vision of what the economy could look like if we followed the ideas of John Maynard Keynes.
Mar 21, 2021 • 13min
What is wealth – and how does it differ from income?
"If you were born poor you will die poorand if you were born rich you will die richer." Gary explains the difference between wealth and income – and why failing to tax wealth will lead to worsening inequality.
Jul 14, 2020 • 13min
My first video: How Covid makes the rich richer (and you poorer)
The podcast dives into the unsettling impact of COVID-19 on wealth distribution. It reveals how the rich are becoming richer while the poor are left struggling with declining incomes. Discussions around money printing clarify how central banks influence economic flows, exacerbating inequality. Additionally, the show debates the consequences of increased government debt on housing and wages. Finally, there's a compelling argument for wealth taxation to address these disparities and ensure a fairer economic future.
