The Other Hand  Por  arte de portada

The Other Hand

De: Jim Power & Chris Johns
  • Resumen

  • Economics and finance demystified.


    A recent listener's comment:


    "I first heard about ChatGPT on your podcast and immediately started using it. I’m 73 and wrote my first program at 16. Having witnessed all developments in computing down the years I think this is the greatest since www. Your pod is informative in many different areas, politics, economics, society changes, housing crisis etc but at times goes beyond that. This episode tying up all this but also the implications of AI with a knowledgeable guest. ENTHRALLING! Keep it coming."



    cjpeconomics.substack.com

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    Jim Power & Chris Johns
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Episodios
  • A rare opportunity to do the strategically right thing and reap political dividends: a budget for housing, not tax cuts.
    May 29 2024

    Jean-Claude Juncker, ex-head of the EU Commission, once famously said that policymakers know what is the right thing to do, but don't know how to get re-elected if they do it. That is true too much of the time. But is there a unique opportunity for the Irish government, for once to do the right thing and to be rewarded for it at the ballot box?


    Finance Minister McGrath has promised a tax-cutting budget. Is he missing a trick? Housing has such political salience in Ireland, if he threw the kitchen sink at building more homes instead of tax cuts, maybe that is also a vote-winning strategy? And also an opportunity to give Sinn Fein a good kicking while they are down?


    Meanwhile, data emerges that shows the Irish tax system becoming even more unbalanced. That's storing up problems for the future.


    San Francisco hasn't had an earthquake lately but its commercial property sector is crashing. Vacancy rates are probably higher that the 30+% reported as some big companies are effectively squatting in very under-utilised space. Why not just covert all this space into housing? Lots of other cities, including Irish ones, are in the same position.


    Rishi Sunak's damage limitation exercises backfire. Labour can't believe its luck.


    Keir Starmer's irish influencers.

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    35 m
  • Economic PTSD? EU economy growing again. US economy accelerates? Stock market reaction to Nvidia humbles analysts
    May 26 2024
    UK election dominates headlines that should be about China simulating war

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    34 m
  • Interest rates likely to fall next month - in the EU at least. But does the ECB know what it is doing? Nvidia & the nuttiness of stock markets.
    May 23 2024

    Inflation falls in the UK but *only* to 2.3%. Cue weeping and wailing and much hot air. The narcissism of small differences.


    Does anybody know what really causes inflation? Does the ECB understand the connection (or lack of) between interest rates and inflation?


    The human aspects of all this are often lost in dry discussions of monetary policy and inflation. But the human dimension is real, big and too often ignored by central banks.


    Nvidia, AI, data centres and the nuttiness of stock markets.


    Housing policy contains asymmetrical risks: building too few is much more dangerous than building too many.

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    33 m

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