EPISODE · Jul 3, 2025 · 39 MIN
Who Killed the Living City?
from The David McWilliams Podcast
After travelling through Montreal, Bilbao, and Vilnius, cities alive with colour, sound, and soul, I returned home and felt the contrast sharply. Dublin, like many cities across the developed world, feels hollowed out. Despite booming economic growth and over €150 billion sitting idle in savings accounts, our capital is crumbling. Streets are lifeless, dereliction is everywhere, and policy seems paralysed. So what went wrong? This week, we explore how bad incentives, not bad people, kill cities. Drawing on historical revivals like Temple Bar, we propose bold 21st-century solutions: tax breaks to bring buildings back to life, amnesties to release hoarded property, and a new savings product that lets the public invest directly in urban renewal. If the private sector won’t build, let the public fund it. Then we turn to global markets, where Trump is gearing up to fire Fed Chair Jay Powell and slash interest rates. But he may learn the hard way: the bond market, not the White House, sets the tempo. If confidence cracks, long-term interest rates could skyrocket. Urban decay and global volatility are two sides of the same economic coin. Can we change course in time? Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
After travelling through Montreal, Bilbao, and Vilnius, cities alive with colour, sound, and soul, I returned home and felt the contrast sharply. Dublin, like many cities across the developed world, feels hollowed out. Despite booming economic growth and over €150 billion sitting idle in savings accounts, our capital is crumbling. Streets are lifeless, dereliction is everywhere, and policy seems paralysed. So what went wrong? This week, we explore how bad incentives, not bad people, kill cities. Drawing on historical revivals like Temple Bar, we propose bold 21st-century solutions: tax breaks to bring buildings back to life, amnesties to release hoarded property, and a new savings product that lets the public invest directly in urban renewal. If the private sector won’t build, let the public fund it. Then we turn to global markets, where Trump is gearing up to fire Fed Chair Jay Powell and slash interest rates. But he may learn the hard way: the bond market, not the White House, sets the tempo. If confidence cracks, long-term interest rates could skyrocket. Urban decay and global volatility are two sides of the same economic coin. Can we change course in time? Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
Who Killed the Living City?
No transcript for this episode yet
Similar Episodes
Dec 5, 2025 ·50m
Oct 9, 2025 ·33m
Oct 3, 2025 ·40m
Sep 11, 2025 ·31m
Aug 27, 2025 ·39m
Aug 18, 2025 ·54m