{"podcast":{"title":"The David McWilliams Podcast","slug":"the-david-mcwilliams-podcast-512453","podcast_index_feed_id":512453,"rss_url":"https://feeds.acast.com/public/shows/20b97d01-ba9b-5fb0-9acf-161391a88cb0","website_url":"http://www.davidmcwilliams.ie/","image_url":"https://assets.pippa.io/shows/61b9fedc1a8cbefa383cf076/show-cover.jpg","author":"David McWilliams","episode_count":678,"summary":"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. I’ve always thought what is complicated is rarely important and what is important is rarely complicated. That will be our motto. Every week we are going to tease out some big economic or political issue facing us, not just here in Ireland but in Europe and further afield. Globalisation has brought us all together. We all face similar challenges whether you live in Dublin, London, Minnesota or Milan. If you would like to enjoy all of our content ad-free and have early access to episodes, subscribe to DMCW+ on Apple Podcast. Want to join our crew? Join at davidmcwilliams.ie/crew , where you can enjoy ad-free listening, as well as exclusive bonus content such as premium episodes, our macroeconomics course, early access to episodes and pre-sale access to tickets for Dalkey Book Festival & Kilkenomics. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-06T18:19:51.080822+00:00","page_url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453"},"episode":{"title":"Why Your Barista Has a Master's Degree","slug":"why-your-barista-has-a-master-s-degree","published_at":"2026-05-12T03:00:00+00:00","page_url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453/why-your-barista-has-a-master-s-degree","show_page_url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453","url":"https://shows.acast.com/the-david-mcwilliams-podcast/episodes/why-your-barista-has-a-masters-degree","audio_url":"https://sphinx.acast.com/p/acast/s/the-david-mcwilliams-podcast/e/6a020d0bb443364556fc8fff/media.mp3","summary":"What happens when a country produces more graduates than it has elite jobs to give them? According to Peter Turchin, the Russian-American thinker behind End Times, that's exactly the moment civilisations start to crack. This week, we get into his theory of \"elite overproduction\" and ask whether Ireland is staring straight into it. We unpack the stats: most educated population in the EU, master's degrees doubling in 15 years, and nearly one in three graduates working in jobs that don't need a degree. We talk about why the barista with a first-class honours and the barman with an economics master's are not just funny anecdotes, they're leading indicators of political instability. We look at how the public sector is quietly absorbing the overflow that the private sector can't, why AI is about to pour petrol on the fire, and why historically it's not the abject poor who revolt, it's the relatively rich and bitterly disappointed. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"What happens when a country produces more graduates than it has elite jobs to give them? According to Peter Turchin, the Russian-American thinker beh…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2062,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-david-mcwilliams-podcast-512453/episodes/why-your-barista-has-a-master-s-degree/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-david-mcwilliams-podcast-512453/why-your-barista-has-a-master-s-degree.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}