David writes a weekly column for The Irish Times, and he also regularly contributes to a variety of other publications including The Financial Times and Woodford Investment Management.
When events change, we change our minds. Old rules go out the window and new ideas are embraced. What was once radical becomes mainstream and what was once mainstream becomes redundant. In a crisis, you run out of time. You can’t wait; you must act.
This week, the Department of Finance acted with remarkable speed, implementing what might be called the “Danish model”, soldering the link between employers and employees by subsidising people’s wages to the tune of 70 per cent. The civil servants are to be commended in how quickly they turned this around. It should help enormously. Hopefully, we will see results in a stabilising of the rise in unemployment.read more
What can we do now to prevent this crisis getting worse? What can Irish policy-makers do to prevent company closures, militating against more mass redundancies? How can we buy time? Buying time is a critical way of looking at the crisis because in a crisis you run out of time, not money. It’s essential that actions we take today are designed to ensure that a temporary crisis doesn’t become permanent chaos.
The good news is that this will pass; the better news is we can do something to cushion the blow; the even better news is that it demands only courageous thinking and action. The bad news is that, up to now, there is little evidence of courageous thinking, and that includes the European Central Bank’s €750 billion mega-intervention.read more
The David McWilliams Podcast
The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and complicated by so many.
As well as participating in many festivals around the world David runs two festivals in Ireland. The Dalkey Book Festival, Ireland’s fastest growing literary festival, every June www.dalkeybookfestival.org and Kilkenomics every November, which is the world’s only Economics and Comedy Festival www.kilkenomics.com.
He has devoted his entire professional life to the objective of making economics as widely available and easily understandable on as many platforms and to as many people as possible –and is having a laugh doing it.
As a result, he co-founded the world’s only economics and stand-up comedy festival Kilkenomics – described by the FT as “simply, the best economics conference in the world”. He also founded Ireland’s leading literary and ideas shindig, the Dalkey Book Festival. In the money world, David advises Neil Woodford of the Woodford Funds with £16 billion under management. The WEF at Davos debased their currency profoundly by making him a Young Global Leader a few years back!
As well as writing a weekly economics column in the Irish Times, he is active on social media and was named Ireland’s “most influential Twitter user” in 2016…
ECONOMICS Without BOUNDARIES
This course takes a completely novel approach – one you will not see anywhere else – that makes your educational experience more like watching a lively documentary than sitting in a dry classroom. We really believe that, when it comes to understanding our world through economics, what is important is rarely complicated and what’s complicated is rarely important.
National Bank of Abu Dhabi
National Bank of Abu Dhabi
David’s presentation was perfectly pitched and brought exactly what we had hoped…delivered with wit and intelligence in an engaging and entertaining style.
David’s speech was fantastic and very well received by the audience. Many thanks to you and your team for assisting us in organising this wonderful conference.
W&R Barnett Ltd
W&R Barnett Ltd
DALKEY BOOK FESTIVAL
It’s that time of the year again when we are deep in the organisation phase of the Dalkey Book Festival. We have now announced the line up which we hope you agree is definitely one of our best yet! But every year is the best, we are spoiled for choice with all the amazing thinkers that come visit us.
View the programme of events and book your tickets HERE