- 43 minutes 47 secondsMr 5%: The Armenian Who Invented the Oil Industry and Gave It All AwayCalouste Gulbenkian never drilled a well, never owned a rig, and still died the richest man in the world. We follow the Armenian fixer from Constantinople who took 5% of everything: the Turkish Petroleum Company, Royal Dutch Shell, even a deal with Stalin paid in Hermitage art. His maps shaped modern Iraq and left the Kurds sitting on top of the oil, and his split of upstream, refining and distribution still defines Big Oil today. Plus why diesel is spiking, what a 100 million barrel release really does, and why this misanthropic networker gave his fortune to art while today's billionaires build spaceships.
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8 October 2026, 3:00 am - 33 minutes 58 secondsThe End of The Housing Crisis?Dublin prices have fallen 5.2% last year, the biggest drop since 2014, and the buyer's strike is real. The premium over asking has shrunk from 7% to 2.6%, and the average couple on €108k can borrow just enough for a €484k home when a three-bed semi in Dublin asks €635k. We break down why: young people are maxed out, we're still building 1980s houses for a 2020s population, and the force driving prices this time is people, not credit like in 2008. Plus the Spanish eviction story that had Madrid in uproar, and why "the cure for high prices is high prices."
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6 October 2026, 3:00 am - 39 minutes 55 secondsAre Teenagers Getting Dumber?15-year-olds across the OECD are now testing at levels last seen among 14-year-olds a decade ago, we've lost a full year of cognitive ability in ten years. One in five teenagers in the rich world would struggle to read their own phone bill. We dig into why: screens, AI shortcuts, the death of patient reading, and a "snowflake-isation" of education that's swapped hard exams for soft assessment. Ireland's own numbers aren't pretty either, with reading and maths both sliding since 2015. Is this really decline, or have we simply hit a natural ceiling on middle-class intelligence, meaning the real gains left are among poorer kids?
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1 October 2026, 3:00 am - 34 minutes 5 secondsThe Welfare State vs Immigration: What Ireland's Numbers Actually SayCan a generous welfare state and large-scale immigration coexist? Fresh research says it depends on who arrives and what kind of welfare state they arrive in. In the UK, an average migrant couple needs a primary earner in the 55th percentile to pay their way. In Germany, it's the 28th. In Ireland, our back-of-envelope sums say the 65th, or about €62,000 a year. We break down why Ireland's tax and welfare system, where someone on €27,000 gets €11,000 back from the state and someone on €104,000 pays in €40,000, changes the whole debate.
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29 September 2026, 3:00 am - 43 minutes 18 secondsXi vs Trump: Inside the Chinese Economic MachineTrump and Xi sit down in Washington today, but the real story is how China actually built its economic juggernaut. China expert Yanmei Xie breaks down the "catfish in the sardine tank" strategy behind China's EV dominance, why Chinese carmakers compete profit margins down to 3-4% just to win market share, and how a Leninist system mobilises household savings to fund it all.
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24 September 2026, 3:00 am - 39 minutes 4 secondsThe Ed Sheeranisation of Irish Economic PolicyThis episode provides a midterm assessment of the Irish economy, exploring the disconnect between record-breaking macroeconomic data and the lived experience of the public. We analyse the "Ed Sheeranization" of Ireland,the delicate balance between American corporate reliance and European political identity, and the systemic risks posed by the global AI arms race. From "Dutch disease" to the challenges of economic gluttony, we examine why Ireland’s future is now entirely in its own hands.
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22 September 2026, 3:00 am - 41 minutes 38 secondsPacing the Frontier: Global Capital, Bond Markets, and the AI Pivot
There has been a transition from a world of abundant capital to one of scarcity. With the rising interest rates across the US, UK, and France, we discuss the economic implications of Donald Trump’s "fairway diplomacy" in Ireland, the structural fragility of European bond markets, and the sudden shift in rhetoric from AI leaders calling for regulation. Is the move to "pace the frontier" is a moral awakening regarding existential risk or a strategic play for state protection in a tightening financial landscape?
NYC Tickets: https://irishartscenter.org/event/an-evening-with-david-mcwilliams-2026
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17 September 2026, 3:00 am - 37 minutes 55 secondsThe Death of the Night-Time Economy: Why Ireland is Closing Down After MidnightThis week, we analyse the collapse of Ireland's night-time economy, noting that 2,205 pubs, one in four nationwide, have closed since 2005. With regional closure rates hitting 37% in Limerick and 33% in Cork, the discussion highlights how high excise duties and archaic licensing laws are strangling a $4 billion industry that supports 92,000 jobs. The episode explores why a country that markets itself on fun is systematically shutting down its social infrastructure.
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15 September 2026, 3:00 am - 40 minutes 40 secondsFairway Diplomacy: How Golf Became Ireland's Secret Weapon Against TrumpDonald Trump touches down in Doonbeg this weekend for the Irish Open at his own golf course, and we're asking whether Ireland should protest or play along. We unpack the extraordinary Irish-American relationship: 40 daily flights to the US, $1.3 trillion in American investment, 300,000 jobs, and a bond built more on kitchen tables than diplomacy. We're joined by Donal Casey, former CEO of Rory McIlroy Inc., to talk golf's economics, why LIV Golf failed despite Saudi billions, and how the fairway - not the barricades, might be Ireland's smartest move with America's most unpredictable president.
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10 September 2026, 3:00 am - 42 minutes 28 secondsGermany’s Seismic Shift: The Rise of the AfDA deep dive into the AfD’s 44% victory in Saxony-Anhalt and its implications for the European Union. We analyse the collapse of Germany’s political center, the demographic divide among young voters, and the historical tensions between East and West that are reshaping the continent’s future.
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8 September 2026, 3:00 am - 37 minutes 15 secondsThe AI Culture WarsWe explore the new ideological divide between Silicon Valley’s techno-optimists and institutional economists like Daron Acemoglu. Will AI drive shared prosperity or concentrate wealth among a new technocratic elite?
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