Finding the optimal rate of progress & Why adapting is key to success with Nassim Nicholas Taleb Image

Finding the optimal rate of progress & Why adapting is key to success with Nassim Nicholas Taleb

17 November 2022 - 39 mins
Podcast Series The David McWilliams Podcast

The way we connect with our environment helps us evolve, both as humans and in our professional life - But the way it happens might surprise you. Join us to learn why skin in the game is key to success. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

Hosted on Acast. See acast.com/privacy for more information.

39 mins

Series Episodes

The Price is Wrong with Brett Christophers

The Price is Wrong with Brett Christophers

This week, we delve into the economics of climate change with acclaimed author Brett Christophers - who has previously illuminated the pervasive influence of investment funds in our daily lives through books like "Our Lives in Their Portfolios". This time, he turns his analytical lens to the urgent issue of climate change. We'll explore why economic incentives alone may not be the solution we envision. Christophers critically examines the low investibility of wind and solar industries, questioning why big companies would pivot to renewables if they aren't profitable. So what can be done? Tune in for a compelling conversation that challenges conventional wisdom and seeks alternative strategies for effective climate action. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

40 mins

23 May Finished

Can the Premier League Teach Us About the Future of the UK Economy?

Can the Premier League Teach Us About the Future of the UK Economy?

The British are down on themselves, yet one thing they do well is repackage popular culture and the Premier League is a great example of this. Last year, its commercial revenues hit £4.4 billion, with TV rights increasing by 30%. Despite high revenues, 80% goes to player wages, highlighting a unique financial model where the 'workers' benefit most. This global phenomenon mirrors the 'Wimbledon model' where hosting top-tier events doesn't require domestic dominance. It underscores the UK's talent for repackaging and exporting culture as they have always done with entertainment. The UK economy could thrive by embracing globalisation, attracting global talent, and focusing on innovation and cultural export. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

30 mins

21 May Finished

2024:40 The Opium Wars

2024:40 The Opium Wars

In this episode, we dive into the harrowing impact of the opioid epidemic in North America, recounting firsthand observations of addiction's toll in cities like Ottawa, Quebec, and Vancouver. How did a nation like Canada, with its extensive welfare and health systems, become engulfed in such a crisis? We explore the roots of the crisis, attributing it to the aggressive marketing and misinformation by pharmaceutical companies like Purdue Pharma, driven by unchecked greed and profit motives. Poverty and homelessness exacerbate addiction, creating a sobering reflection on the complex interplay of corporate malfeasance, regulatory failures, and social vulnerabilities that fuel this devastating epidemic. Is Ireland next in line for an opioid epidemic? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

31 mins

16 May Finished

2024:39 Letter from America with Evan Solomon

2024:39 Letter from America with Evan Solomon

As we delve into America in this pivotal election year, grappling with its geopolitical challenges, culture wars, and internal conflicts, Evan Solomon makes a crucial point: discussing America as a monolith is a common mistake—it's simply too vast and diverse. In today's infotainment era, narratives are no longer neatly collected but instead compete and diverge. This week, we're exploring the connections between nativism in the 1850s, the ongoing religious and cultural struggles, and the current display of nativism within the Republican Party. Tad Homer Dixon's definition of culture as a set of instructions passed from one generation to the next resonates strongly here. Once, those in power dictated cultural norms, but today, the power to shape discourse and culture is distributed among everyone. This dynamic shift is palpable in America, where we've moved from a uniform cultural landscape to one defined by diverse narratives. We're witnessing this shift firsthand with the rise of Christian Nationalism, which is being imported from Russia and fusing with nativism. The question now is whether this represents a new force in the US or merely a passing trend. Let's watch closely to see where this leads. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

38 mins

14 May Finished

2024:38 Rich in Poor Houses

2024:38 Rich in Poor Houses

Why do wealthy people live in houses originally built for the less affluent? Despite vast improvements in living standards over the years — lower infant mortality rates, faster access to life-saving drugs, and increased life expectancy — today, even modest homes are un-affordable for many. Consequently, wealthy individuals find themselves competing for properties originally intended for lower-income families. This trend not only highlights the scarcity of suitable housing but also deepens social stratification, as the affluent outbid others, driving up prices and displacing those with fewer resources. Is there an easy fix? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

30 mins

9 May Finished

2024:37 The Rwanda-isation of Ireland

2024:37 The Rwanda-isation of Ireland

 The Tories are seeking revenge for Brexit by exploiting immigration policy. Having been out-foxed, out-thought and out-gunned by Dublin on Brexit negotiations, they are extracting a price- that price is the framing of the new Irish election. By encouraging the relocation of asylum seekers to Ireland, the Tories are effectively using Ireland as a bargaining chip to pressure France into accepting a deal on immigration, all while avoiding responsibility for asylum seekers themselves. They are playing Ireland like a pawn against the EU, as revenge for their humiliation during Brexit negotiations. In this complex game of politics, the Tories could emerge as the agenda-setters for the next Irish election. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.

31 mins

7 May Finished

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