The Other Hand is an excellent podcast as are the substack articles. I was struck by Chris' comments to Duncan Weldon about how this is now the preferred forum for commentators - free from the shackles of newspaper editors and the frustratingly dumbed down mainstream radio/TV. The big problem though is finding out that these podcasts exist in the first place. I wouldn't have known about this one had it not been for Eamonn Dunphy's podcast, which again I only stumbled on by chance.
Another problem is for how long will Chris/Jim be prepared to do all this work for free - other podcasters (e.g. David McWilliams) are starting to charge fairly punchily for their subscriptions which has to be the way to go given the presumed difficulties of attracting advertisers to 'niche' podcasts as this one.
But very grateful all the same for one of the best serious discussions of finance and economics out there.
Thanks Simon. Podcasting has been around for a while but has only relatively recently taken off. As you say, vey few people make money out of it. For Jim & I it's a weird hobby that came out of lockdown - we just decided to start recording our conversations! The best way friends of the podcast can help us is to give us a review on Apple podcasts (or similar) and to share with friends. Thanks again.
Good point. Forecasting is not completely hopeless however.. What is hopeless, is saying ‘inflation will be x% next year’. We need to make conditional forecasts. So, we might say things like ‘the cost of wind and solar energy will continue to fall if we continue to invest’. Or, more controversially, we will never get to net zero unless we embrace nuclear.
Unbelievable content there lads.Yourselves and Dunphy are doing some job.
Thanks very much Kieran. Much appreciated.
The Other Hand is an excellent podcast as are the substack articles. I was struck by Chris' comments to Duncan Weldon about how this is now the preferred forum for commentators - free from the shackles of newspaper editors and the frustratingly dumbed down mainstream radio/TV. The big problem though is finding out that these podcasts exist in the first place. I wouldn't have known about this one had it not been for Eamonn Dunphy's podcast, which again I only stumbled on by chance.
Another problem is for how long will Chris/Jim be prepared to do all this work for free - other podcasters (e.g. David McWilliams) are starting to charge fairly punchily for their subscriptions which has to be the way to go given the presumed difficulties of attracting advertisers to 'niche' podcasts as this one.
But very grateful all the same for one of the best serious discussions of finance and economics out there.
Thanks Simon. Podcasting has been around for a while but has only relatively recently taken off. As you say, vey few people make money out of it. For Jim & I it's a weird hobby that came out of lockdown - we just decided to start recording our conversations! The best way friends of the podcast can help us is to give us a review on Apple podcasts (or similar) and to share with friends. Thanks again.
Will do that Chris with pleasure.
The unpredictability of the climate situation will also have economic impacts … again of impossible to forecast either where or how!
Good point. Forecasting is not completely hopeless however.. What is hopeless, is saying ‘inflation will be x% next year’. We need to make conditional forecasts. So, we might say things like ‘the cost of wind and solar energy will continue to fall if we continue to invest’. Or, more controversially, we will never get to net zero unless we embrace nuclear.