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Garys Economics: Daily Summaries Delivered
by Gary Stevenson
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
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The most recent episodes — sign up to get AI-powered summaries of each one.
- 3 days ago41 min
Why does The Economist hate wealth taxes?
The intelligentsia are going all-in against wealth taxes. Are they just trying to mislead us, or do they have valid criticisms? Get TAX WEALTH NOT WORK t-shirt and stickers – https://shop.garyseconomics.org/CHAPTERS Intro Are we a meritocracy or an inheritocracy? Inheritance tax vs wealth tax Would it deter innovation? Taxing the most productive people The Economist’s integrity What our intellectual elites think Confused or misleading? They are trying to distract you Why journalists bat for billionaires If you have less than £10m listen to this Wealth taxes are NOT far-left We need the intellectual classes They are scared we’re going to WIN
- 1 weeks ago39 min
A wealth tax in the UK is becoming unavoidable
Are we about to get a new Prime Minister in the UK? The change in leadership may be the best chance we've ever had of winning wealth taxes in this country. And it could be a blueprint for other countries around the world.Chapters Intro UK situation Who will be the new Prime Minister in the UK? A poisoned chalice? Strong position to get wealth taxes I will back Labour if they do this Adopting our political framing Would Andy Burnham really be different? The markets refuse to lend the UK anymore What happens if we DO get wealth taxes? We need to tackle long-term problems MY PREDICTIONS The progress we’ve made
- 2 weeks ago37 min
Why Jeff Bezos wants to cut your taxes
The world's fourth richest wants your taxes cut to 0. Why did he say this last week – and should we believe him?T-SHIRT: get the Tax Wealth Not Work t-shirt https://shop.garyseconomics.org/ Chapters Intro Why Bezos wants lower tax His real argument How they distract you They think you’re stupid Tax wealth not work “Everyone hates government” Blaming politicians The broader context How billionaires are making you poorer The 5 Whys What progress have we made?
- 3 weeks ago52 min
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
Gabriel Zucman is the most important economist in the world today. And the one billionaires fear most. His wealth tax proposals have passed France's lower chamber of parliament – and will likely be signed into law in the coming years. Here's his advice for how we can tax the super rich more in the UK and other countries.CHAPTERS Intro Who is Gabriel Zucman? Why universities ignore inequality What is the problem? How we tax billionaires more Gabriel’s billionaire tax in France Learn from taxes in past The current situation is radical Wealth is concentrating at the top How the UK can adopt this tax Message to The Rest is Politics Final message
- May 17, 202641 min
This is the only way to stop the far right from taking power in your country
Parties like Reform have a clear message on why living standards are collapsing. And this is why they're growing. If you want to stop them you have to reverse falling living standards.Chapters Intro Falling living standards are driving this What’s happening in the UK? Left and Centre need to unite This is the last chance You need to act now Learn to communicate Do not look down on the public Hatred will destroy us Message to Reform supporters Hope
- May 10, 202628 min
Why do asset prices keep going up?
Global stock markets are at all time highs. Gold has doubled and silver tripled in the last two years alone. What's behind these moves? Shouldn't economic crises like Iran be pushing asset prices down? Is now a good time to invest? Intro Global asset prices How 2008 crisis pushed prices up Do interest rates matter? What COVID did WHY asset prices go up Crises push up asset prices How should YOU react? A distribution crisis Will asset prices KEEP going up?
- May 3, 202637 min
Will elections this week bring down the Prime Minister?
Elections in the UK this week may change everything. With prediction markets saying Labour are facing wipeout, is Sir Keir Starmer about to resign? Who will take over? And what does that mean for the next general election? Gary sets out his predictions for the next week, year and 10 years in British politics. Help us get a lobbyist: join our Patreon or make a one-off donation.Chapters Intro Will Starmer go? WHO you should vote for Scotland and Wales The next UK Prime Minister? Best way to get wealth taxes What I predict will happen What you can do
- Apr 26, 202655 min
Will AI destroy the economy?
Help build our political power by supporting us on Patreon – https://patreon.com/garyseconomicsWill AI make us all richer and more productive, or steal our jobs and impoverish us? The Industrial Revolution gives us clues about what could be about to happen. Intro Will AI decrease wages? Will AI increase wages? Luddites The Industrial Revolution Who profited? Workers became powerful Why customers matter Henry Ford’s dilemma Who benefits from increased productivity Will AI liberate us? Why I am positive about the future How we can WIN
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About Garys Economics
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
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