show episodes
 
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 ...
 
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show series
 
The USA is embarking on the biggest change in economic policy in decades. Biden is using the economics of the 1930s to avoid the 1930s. This is a big deal. We speak to renowned economic heretic and former Fed economist, Claudia Sahm about Biden's New Deal, being bullied by 1970's thinking and America creating 10 million new jobs. Also, we talk abou…
 
This week Harry and Hugh talk to MEP Clare Daly, who since her election as an MEP for Dublin in 2019 has been an outspoken voice in Brussels on the issues she champions, such as her opposition to defence spending and the imprisonment of Julian Assange. They talk about Clare's controversial comments on jailed Russian opposition leader Alexei Navalny…
 
The upcoming sale of Ulster Bank will reveal how Ireland actually works. We give you the "collars up" view from the West Lower Stand at the Aviva stadium - where deals are done. This corporate finance 101 podcast breaks down the likely carve-up of Ulster Bank amongst the Insiders, and explains why as long as the banking system is joined at the hip …
 
Following last week's podcast with professor Brendan O’Leary on the creation of Northern Ireland, today’s show looks at this year’s centenary in respect of the politics and culture of the region. Hugh is joined by unionist political commentator Sarah Creighton to discuss the future of Northern Ireland, its changing relationship with both the UK and…
 
What will our cities look like after Covid? We talk to renowned urbanist Richard Florida, the man behind the concept of the Creative Class and Creative Cities about what next for our cities. We also outline three "must do's" for cities. The first is a directly-elected Mayor with proper taxation/spending powers, second a tax on land hoarding to make…
 
Education is top of the agenda this week, as talks continue regarding the reopening of schools and the scheduling of state exams. In today’s episode, Hugh is joined by The Irish Times education editor Carl O’Brien, health editor Paul Cullen, and by political correspondent Jennifer Bray. The team also take a look at the national vaccine rollout and …
 
Hundreds of years ago, the Dutch were Europe's moneymen and it looks as if they are at it again. We look at new alliances & digital trade routes emerging in the post-Brexit era. Looking at Hindu parables, what's the elephant in the room? What's the story with Bitcoin, digital Gold or digital Tulips, plus the logic in Elon Musk's big bet. If Bitcoin…
 
This year marks the centenary of partition on the island of Ireland. The official commemoration takes place in May, but what were the key political and legislative events that led to the establishment of Northern Ireland? On today's podcast, Hugh speaks to Brendan O'Leary, a professor of political science at the University of Pennsylvania, who last…
 
we start off by taking a look at the fallout of the Gamestop fiasco before tackling the bigger issue: Conventional thinking. In many ways the world is still pushing “zombie” ideas - ideas that have been proven to be false but that are still being pushed as policies. With the help of Tom Bergin we look at a few conventional ideas and explain why the…
 
It may feel like a lifetime ago, but this week marks one year since the 2020 general election. And what an eventful twelve months it’s been. In today’s episode, we take a look back at the historic election result and the Sinn Féin surge which swept across the country. What important lessons have been learned by the political parties since then and …
 
Public housing should be addressed with the same urgency as public health. If we can close down the economy, borrow billions, furlough millions and stop the world in the name of public health, we should be able to tear up the rule book when it comes to housing. The property market in Ireland and the rest of the English speaking world is a scam, rig…
 
The concept of universal basic income (UBI) - paying everyone a regular, fixed amount of money to ensure a basic standard of living - has moved to the mainstream in recent years, driven by concerns over economic inequality and the erosion of traditional employment bases. More recently, the vast level of state support for workers in Covid-19-hit ind…
 
We take another look at the "day-trading" insurrectionists to examine who is actually in control, what human emotions are unleashed by the markets and what it all means for politics and economics. We are joined by the authors of the wonderful book Angrynomics political scientist Mark Blyth and hedge fund manger Eric Lonergan. Things are rarely as t…
 
Naomi O'Leary on how the EU commission made its biggest blunder in years, combining two incredibly sensitive issues - the vaccine rollout and the Northern Ireland protocol - in one embarrassing and consequential controversy. Denis Staunton on how the commission's cock-up is being used in London and Belfast to leverage concessions on the operation o…
 
Something unusual is happening in the stock market: the little guy - or in this case, guys - are beating up the big multi-billionaire hedge-fund managers. This is in stark contrast to the usual market hegemony and might signal a deep change: the little guy is slowly recognizing their power in numbers. If short selling, margin calls, put options, sh…
 
Minister for Finance Paschal Donohoe is presiding over a massive expansion of national debt to meet society's needs during this pandemic. Prevailing economic wisdom says he's right to do so. But when the Covid-19 crisis passes, the old questions of how much to spend and how high to set taxes will return. To talk about the political and economic cho…
 
Ireland, like many economies is hostage to the rentiers, companies that sidle up to governments to get a licence to provide some product or service that the government used to provide. This is a licence to print money, because the rentier company has a monopoly to hoover up rent rather than make anything. They dominate the property market, utilitie…
 
What to do about the risk of international travel bringing the virus into the country has been a problem for the Irish government since the pandemic began, one we've never really got on top of. New measures aim to tighten things up, but do they go far enough? And how do we compare to our neighbours? Naomi O'Leary, Jennifer Bray and Jack-Horgan Jone…
 
The arrival of Joe Biden has led to a profound change in tone, with America quickly re-signing back up to the Paris Accord. The planet is back on the agenda and the mantra of growth at all costs irrespective of the environmental costs, is being reappraised. We talk to Kat Raworth, author of "Doughnut Economics" about a different way of looking at t…
 
This week the spotlight has been well and truly on Tánaiste Leo Varadkar following the release of internal Department of Health emails, which provide fresh insight into the controversial leaking of a GP contract back in April 2019. Following immense political and media criticism last November, Varadkar apologised in the Dáil for his actions. Now on…
 
We explain by way of the SFX and Doc Martins how financial markets create inequality. Late stage financial capitalism generates super normal profits for owners of capital and debt by way of IPOs, and forces wage moderation on ordinary workers. We explain how understanding the credit cycle is key to understand the modern economy through the prism of…
 
With levels of Covid-19 infection still at an all-time high, the Government failed to get teaching unions on side for a return to school this week for students with additional needs. On today’s podcast Hugh is joined by Jennifer Bray, Jack Horgan-Jones and Harry McGee from The Irish Times politics team to discuss how this happened. We also look at …
 
Trump is gone but what next for Trumpism? The saga is far from over. While the armed Boogaloo boys are mobilizing across the United States we talk with Professor William Black to get a thorough understanding of what’s going on in America and what the future holds for Donald J. Trump. Also a quick hit on how China has emerged unassailable from both …
 
Earlier this week the Commission of Investigation into Mother and Baby Homes published its long-anticipated report. It investigated decades of abuse at fourteen mother and baby homes and four county homes across Ireland between 1922 and 1998. In today’s episode, Hugh and Pat are joined by Caelainn Hogan, journalist and author of Republic of Shame a…
 
We still have time to do a New Zealand, with the vaccine roll out going so slowly, can we do a Taiwan and be out and about my St Patrick's Day? We talk zero Covid with Prof Aoife McLyset: How we can administer an economic vaccine while we wait with a bit of imagination, plus what the new biotech revolution - ushered in by the mRNA vaccine - means f…
 
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