Economics in a Tent: Live at Electric Picnic 2025 episode artwork

EPISODE · Sep 4, 2025 · 46 MIN

Economics in a Tent: Live at Electric Picnic 2025

from The David McWilliams Podcast

We took economics to a music festival, and somehow packed the tent. In this Electric Picnic highlights episode from Mindfield, we rock up bleary-eyed and buzzing, then dive straight into the big stuff: what Trump’s assault on America’s institutions means for money, markets, and the rest of us. We map the new super-cycle from post-war social democracy to Reagan-Thatcher finance, to today’s populist reboot, and why we think the US is flirting with a fiscal, monetary, and dollar crunch. Closer to home, we ask why Ireland looks rich on paper but feels poor in reality. In between, we tell the story of the 1992 currency crisis, a lo-fi mission to the Dorchester, and accidentally swapping the Central Bank for UBS and because we were literally in a field surrounded by stages, we tackle the music economy: streaming’s winner-takes-all logic, Daniel Ek’s “music costs almost zero,” algorithms that feed nostalgia over novelty, and why culture only renews when the young can afford to create.  Hosted on Acast. See acast.com/privacy for more information.

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