Macrodose

On this week’s episode James Meadway breaks down the public sector pay dispute (1:27), Sunak’s move to further deregulate finance (9:05), and the interest rate hikes by central banks (14:48).

FULL EPISODE available at: patreon.com/Macrodose MACRODOSE EXTRA takes you behind the scenes to go in-depth with some of the leading voices from the world of economics. Subscribe today to hear our upcoming interviews with labour journalist Sarah Jaffe, former finance trader Gary Stevenson, academic Kojo Koram and economist Richard Wolff.  In our first episode James Meadway talks to Yanis Varoufakis about the crisis facing the U.K economy, austerity 2.0 and the era of Cloud Capitalism.  Varoufakis is an academic, economist and politician. He formerly served as the Greek Minister of Finance from January to July 2015 in the Syriza government of Prime Minister Alexis Tsipras, and is currently a sitting member of the Greek Parliament for MeRA25, a progressive political party which he founded it in 2018.  Yanis is also a founder of the Progressive International - seeking to ally and organise progressive movements worldwide, and DiEM25 - a transnational movement to reform the European Union.

On this week’s episode of Macrodose James Meadway breaks down the G7-backed price cap on Russian oil (0.41), the warning from the National Farmers' Union that Britain is sleepwalking into a food crisis (4:32), and the results of an experiment in a 4-day working week (10:22).

On this week’s episode of Macrodose James Meadway breaks down the economics behind the strikes that are spreading across the U.K, from the railways, to teachers to nurses and oilworkers (0.49s). We take a historical view on this new wave of industrial action (7:10), and then reflect on the U.K’s worsening energy crisis, examining how record levels of debts could push households over the edge this winter (10:55).

On the first episode of Macrodose James Meadway breaks down the the OECD warning that the UK’s growth prospects are the worst of all the G7 countries (1:06); the austerity 2.0 measures of Rishi Sunak’s government (6:05); and the new IMF report on inflation, which debunks the idea that advanced economies, like the UK, are experiencing rising prices due to an increase in worker pay (13:05).

We’re living through a time of unprecedented economic turmoil. From war, to the pandemic, to supply chain failures and climate breakdown, it is everyday people who are being made to bear the brunt of the crises. The pace of events can seem overwhelming and confusing. The old ways of understanding our economy don’t seem to fit any more, and the economics establishment is out of ideas. But these crises aren’t going away, and we aren’t going to return to the era of economic stability. Macrodose is a new weekly podcast that seeks to chart our way through these turbulent times, and build a vision for a just, sustainable and progressive future. Each week, we’ll bring you a 15 minute update on the key economic stories making the news, and the analysis you need to make sense of them. It’s time to set the story straight. Join James Meadway every Wednesday morning for Macrodose: Your weekly fix of everything economics. Subscribe now, wherever you get your podcasts.