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The Return of Malthus?

The Return of Malthus?


Droughts in Europe, resource-wars and global warming got us thinking about Thomas Malthus and his observations about population. Can we square the world's finite resources with the demands of 7 billion wannabe consumers? We talk positive checks, why hunter gathers were taller and ate better than the first farmers, plus the big Malthusian warning from the past, the Irish Famine. In the past two hundred years ,the world prized itself free of the Malthusian Trap via technology; could we be about to fall back into the grip of Malthus? See for privacy and opt-out information.
Taiwan was all over the news this week. We explore why this small island will be the most sensitive geo-strategic location for the coming showdown between the USA and China. The global economy can survive a conflict with Russia, with China all bets are off. See for privacy and opt-out information.
Is Putin winning?

Is Putin winning?


The War in Ukraine is entering its 6th month, many predicted it wouldn't last 6 days.  As time drags on and Russia's energy strategy begins to pay off, can the West remain united? What does phase 2 of the war look like - and who is the most likely winner? See for privacy and opt-out information.
Ireland is a manufacturing powerhouse, producing half as much as the UK per year, despite having a population that is 13 times smaller. With 1% of EU's population, Ireland produces 5% of total EU industrial output. 30 years ago, Ireland had practically no manufacturing base to speak of. How was this transformation achieved? Can it be sustained? Can a strong manufacturing base explain a countries political and social outlook and what else can developed from manufacturing prowess? If Ireland can build a manufacturing base from scratch, can other countries follow suit? See for privacy and opt-out information.
Draghi is out and the Italian government is heading for yet another election - what is happening with this country that seems to be in constant political turmoil? See for privacy and opt-out information.
Starting with a Chinese example before moving to Ireland, we breakdown how exactly recessions happen, how one person’s behaviour spreads through society and what the current signals are saying about the winter to come See for privacy and opt-out information.
Bit of a macroeconomic-fest this one. We examine currency crises and why currency collapses could become contagious. We are heading into strange economic times, expect far more currency crises than the mainstream expects. Watch this space in the Autumn. Expect debt forgiveness ahead. Plus this week we have a new slot: my answers to your questions on Patreon. See for privacy and opt-out information.
China is hurtling towards recession. This is a dramatic shift in the global economy which will have huge unforeseen consequence for the economy. Plus, last week Sony Kapoor outlined why the economically, financially and politically next ten years won’t be any like the last two or three decades. See for privacy and opt-out information.
For financial markets, the last three decades of easy money is officially over. Sony Kapoor joins us to tease out the world economy at this inflection point. Fascinating, wide ranging, optimistic and urgent. You'll love this one! See for privacy and opt-out information.
It’s finally happening! The "chaos monkey" is gone, but the chaos remains. We look at the trilemma facing the next British leader or as I prefer to call it the "inconsistent triplet" at the heart of UK policy making. What comes next for the UK? See for privacy and opt-out information.
Today’s pod is going to be slightly eccentric, we’re going to look at the world’s big events of the last year through the eyes of one of the world’s best satirist: Gary Shteyngard. In this wide ranging interview we’ll cover everything from Russia to Covid - and everything in between! See for privacy and opt-out information.
People have the Power

People have the Power


As Patti Smith sang, People have the Power. The economic pendulum is swinging from capital to labor, from profits to wages, and these shifts never happen smoothly, markets - previously priced profits -freak out, central banks no longer support companies' P/L and we are in for a tumultuous few months, as the world digest what is happening. Economies, demographics, realpolitik & technology always change the face of our society, so are we now at the moment where the worker reclaims his and her pricing power? See for privacy and opt-out information.
Metaverse, web 3.0 and NFTs have been appearing everywhere online in the last year - but what exactly are they? And perhaps more importantly, what do their arrival mean for our daily lives? Today we try to simplify it all with the help of Tim O’Reilly See for privacy and opt-out information.
Today’s episode looks at the long & the short of Ireland’s transformation. Through a series of choices we have carved a unique place within Europe - where do we go next? See for privacy and opt-out information.
Have things really changed? Is Ireland really that different than it was? What are the personalities that have marked our history? Through a wide ranging conversation with Fintan O’Toole we explore these topics to bring the spirit of Ireland to life in an unexpected way. See for privacy and opt-out information.
Today we’re bringing you a unique conversation that I had with John Collison over the weekend where I got to ask him a wide variety of questions covering innovation, crypto, macro-trends for the internet and even flying cars! See for privacy and opt-out information.
The 2nd Atomic Age

The 2nd Atomic Age


With markets gyrating all over the shop, it's easy to forget the big picture. The price of energy is the foundational price in any economy. Right now it's too high, but it will come down. And, getting it down, plus achieving net zero on carbon emissions are two of the most critical objectives for the entire globe. So how do we get enough clean energy to power the world, and bring down pollution?  Nuclear has to be on the cards and in the mix. Let's explore. See for privacy and opt-out information.
Inflation is back. Don't panic....unless you bought Bitcoin in the past year. Inflation will abate as the policy and the economy adjust, but it may take a bit of time. Plus Bloomonomics - the economics of Ulysses and it's hero Leopold Bloom - what it tells us about creating and fostering civic, mixed living cities - which are the font of most innovation, and economic growth. See for privacy and opt-out information.
As the UK celebrates the Queen Elizabeth's Jubilee, we forget that monarchies have historically sat on top of an economic system with slaves, colonies and extractive settlements, the objective of which was to steal wholesale from the colonised countries and peoples. The legacy of the colonialism runs deep in many parts of the world. This week we focus on the Caribbean, its traumatic legacy and how the money taken from there fuelled the capital markets of the 18th century and the industrial revolution. Even today, these countries are still seen as colonies in all but name. We explore the difference between "settler" states and "extractive" states and how these ideas still determine how countries progress. See for privacy and opt-out information.
The economy is changing rapidly, we are seeing challenges everywhere, almost all have to do with an excess of demand and deficient supply. This is, in the context of the past hundred years economic history, a brilliant to place to be! is But we might be looking at big developments, not just for policy, but for the coming conflict between public sectors and the governments - everywhere. See for privacy and opt-out information.
Comments (45)

Adrian Lunnay

dď ddddgdddďUPYUU-qqC082- qqqasqTIAN

Jul 9th


David could you please explain petrodollar? And only friendly countries trading together, very naive. Biden is begging for oil from Venezuela and Saudis, who assassinated journalist.

Mar 24th

Warren Daly

Christ! Could you not have gotten someone lucid to have spoke about bitcoin? You needed to challenge them wild assumptions he spouted. He rambled on nonsensically

Oct 25th

Eoin Clancy

Also, the official number of "white" Irish, indentured servants just to Barbados was 58,000. Indeed, Mr. Davis is correct. They are called "red legs" and if people watching is your favourite past time, I would suggest a trip to the farmers markets midweek. It is the most white people you will see in one place on the island other than the arrivals section when the British Airways flight lands

Sep 27th

Eoin Clancy

Well, I'm currently in Saudi Arabia and couldn't possibly comment on your comments about illicit activities publically as the repercussions could be interesting. However, as a Dun Laoghaire boy myself, you could probably imagine my response. As the son-in-law of one of the 3 ex-Barbados Central Bankers who created the fiscal infrastructures facilitating revenue flows to that Caribbean island in the early 1980's, I can tell you that the relatively moderate standard of living there is only achieved as a result of the FDI that they reap from the Europeans and americans that are attracted by that tax regime

Sep 27th

Freedom Controlled

there's no such thing as man made climate change so your wasting your time. the climate is changing but it's the sun not you!!

Jul 21st

Freedom Controlled

so when a big tec giant censors you it's totally unjustified and a crime against free speech but when someone else gets censored it's ok cause they don't follow your narrative!! yah double standards anyone?

May 25th

Ciara G

Simplistic viewpoint presented here. The opinion is just "objections are bad" without giving specific examples or delving deeper into the reasons for them. No mention of developers applying for 15 story blocks in mature areas with little infrastructure. Objections normally go hand in hand with poor existing infrastructure, lack of local amenities, scarce school places, etc but that hasn't been explored in this discussion.

May 7th

Niall Carty

can you please explain why no criminal charges have been brought??

Mar 9th

sean mac domhnaill

david please x 50 watch episode 4 of the new series Devils ( sky Atlantic) it deals with the bank bailout and guarantee for bond holders , it is jaw dropping and It would make for a great discussion piece .

Feb 25th

Andrew Parker

Clear as mud

Feb 2nd

Martin Barrett

eretz (Hebrew) land ersatz (German) inferior substitute No relationship whatsoever. what else does this know-it-all get wrong?

Dec 22nd

Martin Barrett

more of David showing off. perhaps this would be more interesting and honest if he replaced his yes man with someone who would challenge his incorrect facts and lazy assertions.

Nov 19th
Reply (1)

Paul Burke

You're getting old lads. The great Ian Dury is gone more than 20 years ago!

Nov 18th

Declan McGrath

For an intelligent man your reference to former Provo in the context of O'Rahilly's house was willfully ignorant. Kingstown is alive and well.

Oct 13th

Eddie Ronayne

Christ... I remember 20 odd years ago when DMcW was on TV Sunday mornings and he was generally correct. However, the past few years is self promotion and heading seriously to the left... That lady is correct. It's more likely that Trump will win. And ANYBODY that understands economics would prefer that to Biden. Unsubscribing now. Bye

Sep 24th

simon kelly


Jul 12th

James Keane

I like this Podcast. However, I have heard David discuss MMT a lot recently and it always seems to be from the side of being pro-MMT. However there are plenty of detractors to MMT out there. I'd like to have those voices debate it with David. Peter Schiff, for example, would be an interesting guest on this topic. Other than that, keep up the good work.

May 5th

Tyler Grech

one of the best podcasts around. fantastic stuff.

Apr 10th

Theresa Connolly

love it!!!

Apr 7th
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