305 episodes

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

Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



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The Other Hand Jim Power & Chris Johns

    • Business
    • 4.6 • 207 Ratings

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

Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



Hosted on Acast. See acast.com/privacy for more information.

    Economic PTSD? EU economy growing again. US economy accelerates? Stock market reaction to Nvidia humbles analysts

    Economic PTSD? EU economy growing again. US economy accelerates? Stock market reaction to Nvidia humbles analysts

    UK election dominates headlines that should be about China simulating war Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



    Hosted on Acast. See acast.com/privacy for more information.

    • 33 min
    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.

    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.

    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.
    Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



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    • 33 min
    Politics & opinion polls in Ireland, UK & US. Why are Sinn Fein suffering because of immigration? Have they lost vital momentum?

    Politics & opinion polls in Ireland, UK & US. Why are Sinn Fein suffering because of immigration? Have they lost vital momentum?

    Opinion polls on both sides of the Atlantic tell fascinating stories. Sinn Fein has lost momentum. Have they peaked too soon? Rishi Sunak's Tories are now polling at lower levels that the nadir of Liz Truss' government. That really is some going. Trump breaks wind audibly in court, hears stories about his sexual peccadillos and goes up in the polls.
    It is said that SF are suffering because 'they have let their electorate down because of immigration'. Right wing parties everywhere, including Ireland, are on the rise because of the immigration issue. Yet right wing governments in power in the UK and Italy show how hard - impossible even - 'solving' immigration is.
    Is it really true that immigrants take jobs? Spoiler alert: no.
    What are SF's actual policies? Are they like the UK's Labour party, a policy-free zone? Long on promises, short on what they will do?
    We are almost certainly still filling our cars with Russian fuel.
    China and Russia deepen ties. China enables the Russian war machine. China has the best batteries.
    Global stock markets continue to tell us: 'don't worry, be happy!
    Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



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    • 27 min
    Is immigration just one of those unsolvable problems? Biden's EV tariffs repeat the mistakes of the 1970s

    Is immigration just one of those unsolvable problems? Biden's EV tariffs repeat the mistakes of the 1970s

    We might need 80,000 new houses a year - or we might not. It all depends on so many imponderables.
    One of them being the level of immigration. We now see that everywhere as a problem to be solved. Is it solvable?
    Biden is trying to keep cheap Chinese electronic vehicles out of the US. Europe is thinking about doing the same. That's all to protect domestic car manufacturers who don't know how to produce cheap EVs. The Chinese do. We are repeating the mistakes of the 1970s when Japanese car manufacturers figured out how to make cars that consumers want. Western car companies, by and large, didn't know why production techniques that dated from the 1930s were no longer fit for purpose.
    Solution: copy Chinese IP! They've been doing it to us for years. Return the favour!
    Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



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    • 30 min
    Is the liberal world order really about to collapse? Or should we take cheer from 'The Curse of The Economist"

    Is the liberal world order really about to collapse? Or should we take cheer from 'The Curse of The Economist"

    The State the UK is in & much more! Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



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    • 31 min
    Has Robert Kennedy JR's brain been eaten by a worm? Could it be responsible for his conspiracy theories. Do protests work?

    Has Robert Kennedy JR's brain been eaten by a worm? Could it be responsible for his conspiracy theories. Do protests work?

    In conversation with Professor of Experimental Brain Research, Shane O'Mara.
    Robert Kennedy Junior says a worm has eaten part of his brain. Is this possible? Yes - but his 'brain fog' and other symptoms could have been caused by something else. Partly eaten or not, his possible brain injuries are not likely to have led to a predisposition to conspiracy theories. RFK is a prominent anti-vaxxer, for instance.
    Why do so many of us fall for conspiracy theories? Belonging, group hugs and tribalism are part of the answer. We take cognitive short cuts that help us ignore objective reality.
    Anti-vaxxers have, in some cases, just forgotten what disease looks like. Shane reminds us of the actual cheer that went around the world when the polio vaccine was first announced.
    Lots of protests are around at the moment. Protest is a uniquely human behaviour - why bother when so few protests actually elicit change? Generally, they don't work. It's that group hug thing again. The "collective effervescence" of being part of a crowd.
    All this and more in another conversation with the brain expert!

    Shane O'Mara | Professor of Experimental Brain Research | School of Psychology and Institute of Neuroscience | Trinity College, Dublin - the University of Dublin,D02 PN40, IrelandHis new book: Talking Heads: The New Science of How Conversation Shapes Our Worlds His newsletter: BrainPizza
    Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns.



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    • 39 min

Customer Reviews

4.6 out of 5
207 Ratings

207 Ratings

Jay5785 ,

Insightful and different

Covers the big economic and political issues of the week in useful depth. Always worth a listen.

AOC82 ,

Dull enough

A podcast should challenge the listener through a discussion based on a detailed assessment of the issues at hand and not a rehash of the helicopter view on these key issues.

Two guys here that are basically on the same page saying the same things in different accents. “The Irish economy is going gang busters”, that phrase sums up this podcast.

Ideally this podcast would challenge this narrative based on the hard facts that two people in a couple would struggle to buy a house in Dublin on the average industrial wage.

Why is it that globally inequality seems to be on the rise? Pre the financial crisis the EU economy was bigger than the US, what went wrong? Surely that kind of subject would be a good one for a series in this podcast. Also, maybe an assessment on how to stem the migration crisis by sharing enterprise and development more globally so people can stay in their own countries and thrive rather than having to immigrate to work in jobs below their qualification level.

avavshsoksavsm agsvsbsa ,

If Gaza gifts Trump the White House..

Jim, usually love the show but I was really disturbed by your comparison of the IDF with Hamas. I pondered on this for a few days. I really feel it would be more appropriate to say that October 7 does not justify in any way the actions of the Netanyahu government or IDF but I really think the drawing of an equivalence between these actions and Hamas, who are a crazed terrorist organisation who gleefully raped and killed teenagers at a concert and men women and babies in their homes is just wrong. I have no affiliation with Israel but this really turned me off this podcast. I am happy to hear further discussion before I make up my mind though. Julie M, Cork

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