The Other Hand

著者: Jim Power & Chris Johns
  • サマリー

  • 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.

    Jim Power & Chris Johns
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  • Unchecked power: why do so many men adore The Godfather?
    2024/10/25

    Loads of men (mostly) say their favourite movie is The Godfather. Plenty also rate the Sopranos as the best TV series ever. Is that because they secretly (and not so secretly these days) would love to have a Mafiosi's unchecked power?


    Brexit is the most contemporary example of people saying the system doesn't work for them and then replacing it with something far worse. The US appears to be on the verge of making the same mistake.


    Unchecked power accompanied by extreme wealth turns people mad.


    The checks and balances built into the US constitution were put there by people who recognised the dark side of human nature. They designed a system with guardrails explicitly put there to protect against someone like Trump rising to power.


    Trump unchained will be nothing like the Trump of his first reign. There is nobody left, even on the Supreme Court, to hold him back.

    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.

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    36 分
  • Why do we fight? An exploration of the causes of conflict and war, focussing on a brilliant and important book
    2024/10/23

    It's easy to conclude that we are a violent species. Just look at the state of the world.


    In a quite brilliant book, Professor Christopher Blattman argues that history books can give a misleading impression: on most days, war doesn't happen.


    Blattman has read everything. He has talked to the street gangs of Chicago and drug lords in Colombia. He summarises his vast knowledge with five main reasons why going to war - rathe than making peace - seems to happen. Armed (pardon the pun) with this knowledge, policy makers can get better at peace making.


    But, he warns, most policies are wrong, or likley to be. Grand, big theories of everything are best avoided. He urges a 'marginal' approach, perhaps best described as 'suck it and see'. Take baby steps and prepare to fail. But keep going. Small steps may mean you won't make big mistakes.


    It's hard to end wars but they always do. It's the terms that matter. It looks like Putin is going to win in Ukraine.


    Even more seriously, are China and America stuck in the same trap that drove ancient Sparta and Athens to war? That's the famous Thucydides Trap.


    A truly fabulous discussion. Our thanks to Shane.

    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.

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    50 分
  • The house price boom is getting boomier. Is there still a cost of living crisis?
    2024/10/19

    Irish house prices are now well in excess of their pre-financial crisis peaks.


    Is the only thing that will get them down an old fashioned recession? More supply is certainly needed but it is far from clear that more houses equals lower prices - other things are not equal


    Why do we still bang on about a cost of living crisis when inflation has fallen towards zero? If not actually zero. May be the answer is really simple: in the US (and probably elsewhere) food and energy price inflation reached 40% in 2022 - higher even than during the great energy shock of 1973.


    Europe has more problems than lower interest rates can solve


    Even if people have more letters after their name than are in their name, they are still capable of saying daft things.

    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.

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    29 分

あらすじ・解説

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.

Jim Power & Chris Johns

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