Sean Padraig McCarthy and Angela Nagle on federalism, the state, and the politics of the present.
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Alphachat is the conversational podcast about business and economics produced by the Financial Times in New York. Each week, FT hosts and guests delve into a new theme, with more wonkiness, humour and irreverence than you'll find anywhere else Hosted on Acast. See acast.com/privacy for more information.
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In Top 5 Books Shane Coleman asks various people of interest to pick their five favourite books. Shane delves into what made these five books particularly memorable or significant in their lives. Did a writer, story or topic resonate with a particular time in their life? Did it change them as a person? Or was it just a bloody good read? Top 5 Books explores interesting lives and the great books which help define them.
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Ep 13 - Roger Casement w/ Donal Fallon
1:08:45
1:08:45
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1:08:45Fellas, is it gay to expose the monstrous crimes of the Belgians? Sean and Angela are joined by Donal Fallon to discuss the life of Roger Casement: the Casement Report, cruising diaries, his participation in the republican struggle for a free Ireland, and more. Donal Fallon: https://podcasts.apple.com/us/podcast/three-castles-burning/id1488547315 -…
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Ep 12 - Fast Fashion and its Consequences w/ Louis Elton
1:07:25
1:07:25
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1:07:25This week, Angela is joined by Louis (/ˈluː.i/) Elton to discuss fashion slop, the decline of craft in modern aesthetics, the effects of machine generated content on the human spirit, and a retvrn to artisanal tradition. Louis Elton: https://nationofartisans.substack.com https://en.wikipedia.org/wiki/Hands_(TV_series) https://www.thomasdenny.co.uk/…
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Ep 11 - Investigation of a Bag Above Suspicion *PREVIEW*
1:24
1:24
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1:24Sean and Angela continue the conversation: Free Speech on the continent, slop mongers imagine EU heads of state hitting the afters on rails, Sir Keir on the shoulders of Irish-American giants, and the hope that the US/Israel relationship can be reshaped by a 747 (with fewer dancing Israelis this time). --- To hear the rest of this episode and recei…
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This week Angela and Sean ponder freedom of speech: is it an inalienable human right, a bourgeois mental illness, a relic of Pax Americana, thin veneer over the color revolution machine, or is a measured approach required for the present age of near-peer competition? --- To hear an additional episode of Rocinante every week, subscribe to the Patreo…
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Ep 9 - How China Escaped Shock Therapy Pt. 2 *PREVIEW*
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2:32
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2:32Sean and Angela continue the discussion of Isabella M. Weber’s “How China Escaped Shock Therapy”, CCP's responsiveness to public pressure, the virtues of a little bit of corruption, and an American Revolution of the Carnations. How China Escaped Shock Therapy: https://www.powells.com/book/how-china-escaped-shock-therapy-the-market-reform-debate-978…
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Ep 8 - How China Escaped Shock Therapy Pt. 1
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58:40Sean and Angela discuss Isabella M. Weber’s “How China Escaped Shock Therapy”, Dengist Reforms, the importance of heavy industry, price controls, and more in a two part episode. 你介意白人男孩说一点中文吗? How China Escaped Shock Therapy: https://www.powells.com/book/how-china-escaped-shock-therapy-the-market-reform-debate-9781032008493 Godfather of the Kremlin…
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Sean and Angela answer questions submitted by our treasured Patreon and Substack subscribers. If you would like to submit questions of your own, become a paid subscriber and join the conversation! --- To hear the rest of this episode and recieve an additional episode of Rocinante every week, subscribe to the Patreon: https://patreon.com/RocinantePo…
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Angela and Sean consider the passing of His Holiness Pope Francis, Tucker’s induction into Grand Lodge of Ireland, audience capture, the parasocial impulse to milk the lolcow dry, and the rise of center right globe emoji drillers. --- To hear the rest of this episode and recieve an additional episode of Rocinante every week, subscribe to the Patreo…
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Sean and Angela discuss Michelangelo Merisi da Caravaggio, if art can survive the universal solvent of the internet, the dull managers of hard power guiding the antisocial artisan/conduits of soft power, and the rewards (getting paid by the Knights of Malta) and risks (dying of malaria in Tuscany) of Doing the Race. Caravaggio ~ Robert Hughes Full …
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Ep 4 - Celtic Tigers and Flies with Peter Ryan Pt.2 *PREVIEW*
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3:15
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3:15Behind the paywall the conversation with Peter continues: the agony and the ecstasy of controlling the global reserve currency, Chinese economics and Carey thought, state development, economic protectionism, cryptocurrency, Il Duce on the small screen, and more. https://x.com/_PeterRyan https://www.ryanresearch.co/ https://substack.com/@ryanresearc…
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Ep 3 - Celtic Tigers and Flies with Peter Ryan Pt.1
1:05:07
1:05:07
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1:05:07Sean and Angela are joined by Peter Ryan of Ryan Research to discuss industrialization and manufacturing as a tool of national liberation and colonial domination, anarchocapitalist elite enclosure past and present, the tariff situation (as it existed at time of recording), Matthew and Henry Carey, and walking the shining path of Hibernian Excellenc…
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*PREVIEW* In our first bonus episode Sean and Angela try to make sense of the ever-changing tariff situation, consider reproductive technology as the next frontier in the new Cold War, and review this weeks atrocities from the ongoing genocide in Gaza. --- To hear the rest of this episode and recieve an additional episode of Rocinante every week, s…
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Sean and Angela debut Rocinante with a discussion of Gore Vidal's Inventing a Nation. Inventing a Nation: https://www.powells.com/book/inventing-a-nation-washington-adams-jefferson-9780300101713 --- For an additional episode of Rocinante every week, subscribe to the Patreon: https://patreon.com/RocinantePod We would love to hear your feedback. Send…
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Ep 0 - Doge Day Afternoon with Malcom Kyeyune
1:11:17
1:11:17
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1:11:17This episode was recorded last month before we ironed out all of the details of the show, the first post-christening episodes will release this week. There are several other episodes you can find on Sean and Angela's substacks, linked below. We get Malcom's take on what is really going on with DOGE, discuss his trip to Washington and compare US ver…
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Angela Nagle, author of Kill All Normies: Online Culture Wars from 4chan and Tumblr to Trump and the Alt-Right, talks to FT Alphaville's Jemima Kelly about the online culture wars and the rise of the alt-right. Hosted on Acast. See acast.com/privacy for more information.
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Nouriel Roubini on the US-China Thucydides Trap
42:08
42:08
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42:08A number of geopolitical and financial risks are stalking the global economy, pointing to a possible recession in 2020. According to Nouriel Roubini, what is key among these risks is the US-China trade war and general protectionism in the global market. Izabella Kaminska talks to the economist and New York University Stern School of Business profes…
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Jay Shambaugh on the tools to fight the next recession
41:18
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41:18The economist and Brookings Institution senior fellow talks to FT contributor Megan Greene about the fiscal policies that lawmakers could arrange now that would automatically kick in when some of the early signs of a slowdown start to appear. Hosted on Acast. See acast.com/privacy for more information.…
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Man must work. But how man works matters. Brendan Greeley sat down with Joel Mokyr, an economist and economic historian at Northwestern University, at an event on the future of work at the Federal Reserve Bank of Dallas. Policymakers tend to focus on the binary question of a job — do people have one, or not. But the quality of that work, the questi…
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Will Davies on populism, data and experts
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43:00The political economist sits down with Alphaville's Jamie Powell and Thomas Hale to discuss how we should think about expertise in a post-truth world. Hosted on Acast. See acast.com/privacy for more information.
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The president of the Federal Reserve Bank of Dallas sits down with Brendan Greeley to discuss what a tight labour market could mean for retraining workers, what fracking has done to the price of oil and why he prefers to keep an eye on credit spreads instead of equity markets. Hosted on Acast. See acast.com/privacy for more information.…
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Ajay Royan searches for the next growth frontier
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45:33What if the vast majority of the high-growth tech unicorns emerging from Silicon Valley are not really technology or innovation companies? What if they are highly politicised, zero-sum enterprises? That's what Ajay Royan, the Indian-born Canadian who co-founded Mithral Capital, along with Peter Thiel, thinks might be the problem at the heart of the…
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How has banking culture changed since the global financial crisis and what areas still need work? Brendan Greeley talks with three economics experts who posed that question in a recent report put out by the Group of Thirty consultants. He is joined by Elizabeth St-Onge of Oliver Wyman, Nicholas Le Pan, former superintendent of financial institution…
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Kimberly Clausing makes the case for open economies
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44:42
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44:42Economist Kimberly Clausing tells Brendan Greeley and Mark Blyth why greater trade, capital flows and immigration are the solution to more equitably dividing the economic pie. It's the subject of her book, "Open: The Progressive Case for Free Trade, Immigration, and Global Capital". Hosted on Acast. See acast.com/privacy for more information.…
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Alphachat Live! Raghuram Rajan and Ashley Putnam on community
36:52
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36:52Until recently, economists have ignored the idea that communities matter for economic outcomes, leaving those questions to sociologists. But there is too much evidence to ignore: where you live has a profound influence on how you turn out. In a live conversation recorded at Penn Social, a bar in Washington DC, Raghuram Rajan, former chief economist…
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Tobias Adrian, formerly of the New York Fed, runs the Monetary and Capital Markets Department at the International Monetary Fund. Brendan and Colby sat down with him after publication of the IMF's Global Financial Stability Report. They talked about collateralised loan obligations, of course, but also about China and how the US faces risks just lik…
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On the occasion of the release of the International Monetary Fund's Fiscal Monitor, Brendan talked to Vitor Gaspar, who runs the fund's Fiscal Affairs Department. Mr Gaspar, formerly of the Banco de Portugal, the European Commission and the European Central Bank, drew a distinction between "good" and "bad" spending. He also argued that a "competiti…
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Odette Lienau on the most complicated debt restructuring in history
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33:33Law professor Odette Lienau joins Colby and Brendan on the sidelines of the IMF spring meetings in Washington, DC to discuss the sovereign debt crises in Venezuela, Argentina and Mozambique. They also discuss why vulture funds could do some good. Hosted on Acast. See acast.com/privacy for more information.…
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Yanis Varoufakis: "Democracy is a very fragile flower"
41:03
41:03
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41:03Alphaville's Jemima Kelly and Izabella Kaminska sat down with Yanis Varoufakis, former finance minister of Greece and current organiser of a trans-European group of what he calls "radical Europeanists" — in favor of union, without deflation or austerity. Mr Varoufakis answers criticism from the left, pointing out that even if the euro or the EU wer…
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Brexit: Too late now to get the milk out of the tea
42:11
42:11
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42:11No matter what the British Parliament decides, for almost three years the UK, Ireland and the EU have been dealing with the reality of the Leave vote. Positions have hardened, investments have been foregone, and all the countries involved have become different places, in ways that cannot be undone. Brendan Greeley of FT Alphaville and Mark Blyth of…
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Immigration: comparing this wave to the last
42:27
42:27
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42:27Leah Boustan of Princeton and Maggie Peters of UCLA look at the wave of migrants to the US from Central America and compare it to the last great wave, from Europe in the late 19th century. Some things are the same: immigrant families are adopting "American" names at the same rates as before, for example. Some things are different: the speed of comm…
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Andrew Keen on the internet: misery is not the answer
40:38
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40:38Andrew Keen, author of Cult of the Amateur and more recently How to Fix the Future, sits down with FT Alphaville's Izabella Kaminska. They both tell the history of their own disenchantment with the internet, and discuss why the Elon Musk story has turned into a Shakespearean tragedy, while Jeff Bezos is more of a Bond villain. "When you do away wit…
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Waltraud Schelkle and Ashoka Mody: Is the eurozone fixable?
39:51
39:51
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39:51Forget Brexit. Growth in the eurozone is slowing down, but not equally for all countries. Which leaves the continent with the same question it's had for a decade: is it capable of making policy flexible enough for all of its economies? Waltraud Schelkle of the London School of Economics argues that Europe's currencies always swung with the deutschm…
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What China wants: Brad Setser, and Freya Beamish
45:12
45:12
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45:12Even if the trade talks are settled, long-term friction will remain between China and the United States. China has an industrial policy which will see it strive to make more advanced products, such as aircraft and medical devices. The US wants to keep selling these kinds of high-value manufactured goods to China. It remains a fundamental issue for …
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Answering the question of whether Germany's export-driven model will ever change, and whether Germany's obsession with saving and budget surpluses will ever change. And how to say "Groundhog Day" in German. Wade Jacoby of Brigham Young University and Megan Greene of Manulife Investments join FTAlphaville's Brendan Greeley and Mark Blyth from the Rh…
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Peter Norton on the history of paying for big projects
36:59
36:59
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36:59The United States may not have an infrastructure crisis. It may in fact have too much infrastructure. And what does that word "infrastructure" even mean, anyway? We talk about the history internal improvements, public works, and the power of a group that called itself The League of American Wheelmen. Hosted on Acast. See acast.com/privacy for more …
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Armon Rezai of the Vienna University of Economics and Business and Lint Barrage of Brown University talk to Colby and Mark about how climate change will affect home values and retirement portfolios — you know, middle-class wealth. Hosted on Acast. See acast.com/privacy for more information.
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Adam Tooze on Davos, econ 101 and the unexpected importance of China in the global economy
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50:13Adam Tooze, economic historian and author of Crashed: How a Decade of Financial Crises Changed the World, joins the FT’s Brendan Greeley and Brown University’s Mark Blyth to discuss how our politics got us to where we are today, why our ideas about how the economy works may not be fit for purpose, and the key role that China played during the Great…
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The history of what we now call opportunity zones
36:16
36:16
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36:16The 2017 tax cut in the US included a provision that would forgive capital gains taxes, if invested for ten years in an "opportunity zone" — a low-income area designated by a state governor. But the idea of encouraging investments in poor and mostly black areas has a long history. We talk to Mehrsa Baradaran, a law professor at the University of Ge…
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Olivier Blanchard on debt: “Relax. Don’t relax too much, but relax”
30:41
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30:41Author of the standard textbook on macroeconomics, former head of research for the International Monetary Fund, currently at the Peterson Institute for International Economics, Olivier Blanchard works in the place where economists and politicians attempt to talk to each other. He talked to us about how the financial crisis changed his thinking on m…
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Adam Posen on central banks, China and the enduring power of the dollar
35:11
35:11
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35:11The economist and president of the Peterson Institute for International Economics joins FT Alphaville’s Colby Smith and Brown University’s Mark Blyth to discuss the politicking of central banking, the hurdles to finding a US-China trade war resolution and how China can manage the financial risks building in its economy. They also touch on the endur…
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Robert Shiller: market narratives are 'like diseases'
21:59
21:59
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21:59A bonus episode from the annual meeting of the American Economic Association in Atlanta this past weekend. Brendan Greeley caught up with Yale economist and Nobel laureate Robert Shiller, who argues that if you want to understand markets you have to understand stories — how they start and how they spread. They talked about the stories driving share…
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Economists like to talk about the "slack" in the labour market. But how can we measure it, and what does it mean? The FT's Brendan Greeley hosts with guests Megan Greene, chief economist at Manulife Asset Management, Ioana Marinescu, economist and professor at the University of Pennsylvania and Mark Blyth, director of the William Rhodes Center for …
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The economist and University College London professor joins Alphaville's Jemima Kelly to discuss the question of value: who creates it and who makes use of it. She also lays out her argument for a rethinking of the relationship between markets and governments. It's the subject of her recent book, The value of everything: making and taking in the gl…
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The math wizard who became a customer loyalty scheme guru
49:29
49:29
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49:29Economist Gary Loveman was teaching at Harvard Business School when he went to consult for the Harrah's casino chain in Las Vegas in the late 1990s. Despite knowing nothing about gambling, his insights on customer loyalty earned him a promotion to the chief executive job at the casino group. He took a company that traded at $14 a share and a decade…
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Bill Janeway revisits the 'three-player game'
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45:59Academic and practicing capitalist Bill Janeway talks to the FT's Jamie Powell about the way government used to drive innovation, and his idea of the "three-player game" between government, capital and industry. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.
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David Autor on what we now know about trade
43:12
43:12
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43:12Alphachat is back, and with a new host, Brendan Greeley. Brendan is the new US editor of Alphaville, and in this episode, he talks to MIT economics professor David Autor about what economics got wrong about trade, how the profession is fixing itself and why policy is still catching up. Music by Podington Bear. Hosted on Acast. See acast.com/privacy…
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