Argentina and Brazil are currently undertaking the herculean task of creating a new currency based on the Euro model. Let’s discuss why they’re attempting this and how the Euro, the model they are following, came to be. The currency is the most important price in most economics, so getting this right is hugely important. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

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Creating a new Currency

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 here in Ireland but in Europe and further afield. Globalisation has brought us all together. We all face similar challenges whether you live in Dublin, London, Minnesota or Milan.
If you would like to enjoy all of our content ad-free and have early access to episodes, subscribe to DMCW+ on Apple Podcast.
If you would like to support the show, please consider becoming a patron at www.patreon.com/DavidMcWilliams. 
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

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News & Politics

Is Rishi Sunak's announcement of a snap UK election the answer or a political gamble? Joining us to unpack this is Robert Shrimsley of the Financial Times. Can the Tories pull this one out of the bag? And, away from the political drama, on the economic side, we examine the UK's persistent productivity issues, its triple inequalities and the lack of novel macro-economic or strategic model from the major parties. This election, the absence of one old friend is conspicuous - Brexit, no on wants to talk about it. The UK is a house divided, could this election offer the solutions the UK desperately needs, or will it deepen the existing fractures and uncertainties?  Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

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Independence Day for the UK, again?

The Irish government stands with the Palestinians, as does most of the country. A moral foreign policy is a sign of what the country believes in but where does it take us beyond that? Will Ireland sanction Israel ? Many doubt it given the more than 5 billion euros in trade between both economies. Both economies are tied together by the global multinational tech industry, umbilically linked by corporate America. We paint the likely end-game in the Middle East, and conclude there are two broad ways forward. The first is the South Africa model where a pariah Israel changes tack and Ireland's gets first mover advantage - moral and ahead of the game. The second is the Jihad/Settler dystopia, where an ongoing jihad/settler war mutates constantly with no peace and Palestine becomes a ward of Hamas. This scenario means Irish foreign policy gets bogged down with consequences way beyond our control. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

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Recognise Palestine, Now What?

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.

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The Price is Wrong with Brett Christophers

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.

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

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.

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Creating a new Currency

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