2024:18 Stuck in 1980s Image

2024:18 Stuck in 1980s

29 February - 32 mins
Podcast Series The David McWilliams Podcast

This week, we return to the theme of acceleration and confront a stark reality: much of Ireland is stuck in 1984. Despite boasting an economy that has expanded between 20 to 30 times since the mid 80s —earning us the title of one of the world's fastest-growing economies — our public infrastructure remains trapped in the past. We explore the paradox of aggregation becomes apparent: while the aggregate wealth has surged, the benefits have not been equally distributed, leaving our infrastructure lagging behind. The question looms: who is to blame for this stagnation? We travel across the country to Cork, Limerick, and Galway to understand how proper implementation of regional development could...

32 mins

Series Episodes

2024:30 Common Law or Common Sense? Nimbyism's Grip on Housing

2024:30 Common Law or Common Sense? Nimbyism's Grip on Housing

In this week's episode, we plunge headfirst into the contentious issue of Nimbyism – should property ownership grant individuals the power to stop developments? We don't think so! Particularly not when contrasted with the backdrop of the housing crises gripping the English-speaking world. Bound by the chains of common law but bereft of common sense, our societies find themselves stuck in a self-inflicted housing crisis. Join us as we dissect how our flawed society has bred Nimbyism, and been perpetuated by the contented classes who turn their backs on their communities. From London to Los Angeles, Dublin to Sydney, we confront Nimbyism and explore potential solutions to reclaim our cities from this self-destructive spiral.  Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

28 mins

11 April Finished

2024:29 Eat the Rich with Nick Hanauer

2024:29 Eat the Rich with Nick Hanauer

Are we truly living in a Plutocracy', where we are governed by the wealthy elites instead of those we voted for? As election season heats up around the globe, we tackle the age-old question: should we tax the rich more? While the wealthy typically oppose such measures, there's one dissenting, wealthy voice: Nick Hanauer, podcaster, venture capitalist, and rich lad himself who thinks that we either force the rich to pay more in taxes, or the streets will revolt, and the pitchforks will come. Hanauer, who famously warned of imminent social unrest should inequality persist unchecked, shares his insights on why taxing the rich is not just a matter of fairness, but a crucial step in preserving social stability. According to Hanauer, we need to reshape our economic policies, or the revolution will come! Listen to Nick here and come to see him and chat with him at Kilkenomics next November. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

38 mins

9 April Finished

2024:28 The Souk Versus The Citadel with Bassem Youssef

2024:28 The Souk Versus The Citadel with Bassem Youssef

Palestine is one of the most, if not the most, tragic national stories of the 21st century. Divided, humiliated, abused, and abandoned by both West and East, the Palestinian nature has been strangled by Israeli occupation, asphyxiated by international indifference, and its children scattered all over the world. Bassem Youssef trained cardiologist turned comedian, talks to us about how the global conversation often reverts back to the less important matters surrounding the war - instead of what actually matters. Israelis may be winning the war but they are losing the battle - they are running out of options. Only the strong can make peace - in this case, that is up to Israel. Would that diminish the idea of the Jewish homeland? They only have four options left - lets delve into them in this episode. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

38 mins

4 April Finished

2024:27 Sam Bankman Fried and Male Over-Confidence with Michael Lewis

2024:27 Sam Bankman Fried and Male Over-Confidence with Michael Lewis

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. We chatted to Michael Lewis recently, who spent over a year with SBF, immersing himself in the universe of crypto-bros, and recently published his book 'Going Infinite' which tracks back the entire story of the crypto-hack that is SBF. We discuss his limited emotional intelligence, male over-confidence, and the Dunning-Kreuger effect. With every new technology, there will be speculation, bubbles, and, most importantly, white-collar crime - SBF was one of the first in the crypto world but won't be the last. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

41 mins

2 April Finished

2024:26 The Curse of Inheritance

2024:26 The Curse of Inheritance

 Inheritance is a tricky one. We all want to leave something to our kids if possible, yet inheritance for society makes inequality permanent, favouring the children of the rich. Millennials are about to become the wealthiest generation, which begs the question - should inheritors of wealth play a role in driving social change? What should they give back? A recent Bank of Italy paper reveals the rich stay rich. Tax records dating back to 1427 reveal that the top twenty wealthiest families in Florence remain almost identical to the top twenty richest families in 2008. However, 15th Century Florentines understood that altruistic measures such as building museums, orphanages, piazzas, roads, and more would be their insurance policy to ensure social stability - but today's rich don't quite care. They avoid all responsibility, dodging taxes worldwide. As inequality pisses people off, does this mean violent, catastrophic social change is inevitable, or will democracy do its job more gently? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

29 mins

28 March Finished

2024:25 Should We Copy The Swiss Or Is That Too Cheesy?

2024:25 Should We Copy The Swiss Or Is That Too Cheesy?

 How best to run an economy and a country, bottom up or top down? A trip to Switzerland got me thinking should we invert power, making the local more consequential than the nation, should we devolve government, introduce fiscal federalism and instead of our "spectator democracy" should we opt for "direct democracy" . Unlike Ireland, where accountability seems elusive, Switzerland's governance is marked by subsidiarity and active democracy. With their frequent referenda, the Swiss distribute responsibility locally, fostering an engaged political system. The influence of Calvinism further shaped Switzerland, cultivating a deeply democratic and pragmatic society. Is it time for us to embrace for 'Protestant Pragmatism', where power is delegated to the people? Could this also be a framework for future Irish reunification? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

39 mins

26 March Finished

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