I’ve been a long time listener to your podcast. I don’t always agree with what you both say but I do enjoy the discussion, debate and discord. I also like how you try to make sense of economic and political data and explain it in real terms for people to understand, even if some of these topics can be a little dry and abstract.
You mentioned in your last podcast that you have surpassed half a million downloads which is great to hear. Congrats to you both on that massive milestone. I personally have shared you podcast with my mates I’m glad it’s paying off. You also mentioned that you wanted to hear from us, the listeners on where to go next and that you’d have to monetise in the future. First of all don’t be afraid to monetise (provided it doesn’t turn into a 30min advertisement podcast). I think it’s only fair you’re rewarded for your efforts. With regards to where to go next, may I make a few suggestions? Video record the podcast and post it on YouTube you’ll be able to present some of the economic data and headlines etc that you discuss. Get expert guest speakers on from time to time. Maybe even expert guest speakers who have opposite opinions to yours (I’m thinking the crypto debate!). Lastly, how about an episode every now and again where you answer questions posted by us the listeners? I’m not sure if you listen to The Rest is Politics podcast by Alastair Campbell and Rory Stewart? Their format is to discuss multiple topics in one podcast and then take questions from their listeners in the next.
Some food for thought perhaps?
All the best and here’s to the next half a million downloads!
Thanks Steve, nice to hear from you. Yes, we will be trying to get some guests on. It’s a great suggestion. Thanks for all your suggestions! Even the crypto one!
Thanks lads. There was a hell of a lot to pack in this week and think you did a great job.
The laffer curve is only really evident in the extremes, and in particular at one end when high taxes disincentive work rather than ultra low taxes incentivising work. Communism and its lack of productivity being the prime example. The idea that cutting the top rate of tax from 45% to 40% is going to incentivise a few millionaires to go back to work is of course utter nonsense.
On Italy, perhaps the markets don’t care too much about this because next year the Italian government will collapse again and another shower will be in?
The fiscal value monetary policy tug of war in the uk will be great entertainment if it wasn’t so serious. In response to the chancellors “mini review” - which was bloody massive! - I’d love to see the Bank of England call their responding massive interest rate increases a “mini review” also. That won’t happen of course, but it will be interesting to see if they make any reference at all to the biggest (I can’t believe it’s not a) budget in decades at their next update.
Thanks Sean. Your point about Italy is well taken. One thing to watch is their attitude to Putin and whether they stick to the pro-Ukraine consensus. If they try to get some cheap Russian gas…
Another thing to watch is the ideological rewriting of economics - the nutters are saying ‘of course, monetary and fiscal policy are always pulling in opposite directions. That’s what zero interest rates and tight fiscal policy exemplified in recent years.’
That’s not even wrong of course and requires another pod! But it is truly amazing that when reality strikes them like a baseball bat to the head, they deny the existence of pain.
Thanks Steve. Solid thoughts there.
How ya lads?
I’ve been a long time listener to your podcast. I don’t always agree with what you both say but I do enjoy the discussion, debate and discord. I also like how you try to make sense of economic and political data and explain it in real terms for people to understand, even if some of these topics can be a little dry and abstract.
You mentioned in your last podcast that you have surpassed half a million downloads which is great to hear. Congrats to you both on that massive milestone. I personally have shared you podcast with my mates I’m glad it’s paying off. You also mentioned that you wanted to hear from us, the listeners on where to go next and that you’d have to monetise in the future. First of all don’t be afraid to monetise (provided it doesn’t turn into a 30min advertisement podcast). I think it’s only fair you’re rewarded for your efforts. With regards to where to go next, may I make a few suggestions? Video record the podcast and post it on YouTube you’ll be able to present some of the economic data and headlines etc that you discuss. Get expert guest speakers on from time to time. Maybe even expert guest speakers who have opposite opinions to yours (I’m thinking the crypto debate!). Lastly, how about an episode every now and again where you answer questions posted by us the listeners? I’m not sure if you listen to The Rest is Politics podcast by Alastair Campbell and Rory Stewart? Their format is to discuss multiple topics in one podcast and then take questions from their listeners in the next.
Some food for thought perhaps?
All the best and here’s to the next half a million downloads!
Steve
Thanks Steve, nice to hear from you. Yes, we will be trying to get some guests on. It’s a great suggestion. Thanks for all your suggestions! Even the crypto one!
Hi gents, thanks for another super informative podcast.
On the subject of public spending value for money analysis, please see below a link to my letter printed in the Irish Times last Wednesday, 21st Sept.
Regards, Mark.
https://www.irishtimes.com/opinion/letters/2022/09/21/state-spending-and-value-for-money/
Read it last week Mark. Spot on in my view.
Zombie economics/ bad economic ideas being like cockroaches- I think that was Paul Krugman?
I think that’s right.
Thanks lads. There was a hell of a lot to pack in this week and think you did a great job.
The laffer curve is only really evident in the extremes, and in particular at one end when high taxes disincentive work rather than ultra low taxes incentivising work. Communism and its lack of productivity being the prime example. The idea that cutting the top rate of tax from 45% to 40% is going to incentivise a few millionaires to go back to work is of course utter nonsense.
On Italy, perhaps the markets don’t care too much about this because next year the Italian government will collapse again and another shower will be in?
The fiscal value monetary policy tug of war in the uk will be great entertainment if it wasn’t so serious. In response to the chancellors “mini review” - which was bloody massive! - I’d love to see the Bank of England call their responding massive interest rate increases a “mini review” also. That won’t happen of course, but it will be interesting to see if they make any reference at all to the biggest (I can’t believe it’s not a) budget in decades at their next update.
Thanks Sean. Your point about Italy is well taken. One thing to watch is their attitude to Putin and whether they stick to the pro-Ukraine consensus. If they try to get some cheap Russian gas…
Another thing to watch is the ideological rewriting of economics - the nutters are saying ‘of course, monetary and fiscal policy are always pulling in opposite directions. That’s what zero interest rates and tight fiscal policy exemplified in recent years.’
That’s not even wrong of course and requires another pod! But it is truly amazing that when reality strikes them like a baseball bat to the head, they deny the existence of pain.
evidence of the corrosive impact of social media:
- algorithms driving content so users only hear views reverberating in their own echo chamber
- minority and regressive opinions getting a disproportionate legitimacy
- simplistic analysis and responses gaining currency