Best Phil Dobbie Podcasts (2025)

1
Reform Revolution? 35:30

1d ago35:30

35:30

Local elections are usually a yawn, but the results next week could overturn the political geography of the UK. Will Reform, riding high in the polls, cause a Tory meltdown, unseating Kemi Badenoch? Will it suggest it’s more than just a protest party, and one that could be a contender for government? And what will happen when it leads councils and …

1
Why nation states fail? 39:07

4d ago39:07

39:07

The standard excuse for why states fail is the rampant printing of money. That certainly doesn’t help, but it’s often the symptom not the cause. In most cases states fail simply because the government isn’t in control. Take, for example, Syria, Yemen, Afghanistan, Somalia, South Sudan. Burt Phil asks Steve whether recent warnings on bond markets sh…

1
Show me where to put the money 32:33

10d ago32:33

32:33

Anyone with money faces a dilemma right now. Where do you invest it? Historically it’s been quite simple. If you are prepared to take risks, buy shares. If you want to play it safe, buy government bonds because, although the returns can be quite slim, you know major economies, like the US, will always repay their debt. But now bonds aren’t such a s…

1
Trump is half way to Keynes’s answer to deficits 42:34

10d ago42:34

42:34

In 1944, at Bretton Woods, 44 countries agreed to make the US dollar the world's reserve currency. This decision inflated the dollar's value, making American exports expensive and imports cheaper. Donald Trump is now addressing this imbalance with tariffs on countries with high trade surpluses. Steve suggests that adopting Keynes's proposal for a n…

1
The White House Ruled by Pathocracy 36:33

16d ago36:33

36:33

The most powerful man in the world doesn't listen to advice, makes up facts, changes his mind on a whim, thinks he was sent by God to save the USA, and loves nothing better than flattery - is he a classic malignant narcissist? Does the man with his finger on the nuclear trigger also have a personality disorder? Dr Steve Taylor, senior lecturer in p…

1
Trump. Has he lost his mind? 37:48

17d ago37:48

37:48

It’s clear that President Trump lied to the American people about his reciprocal tariffs. Many of the countries he is imposing tariffs do not impose anywhere near those numbers on imports from America. As Phil points out, some countries, like Cambodia, that sell cheap goods to the US don’t buy from the US because they can’t afford to on their low w…

1
The Return of Toxic Masculinity 45:07

24d ago45:07

45:07

Is the pendulum swinging back against gender equality, with aggression and misogyny encouraged by influencers and populist leaders championing traditional roles and behaviour? Is the rise in attacks on women a symptom of this? Is there a risk of young men being drawn to a masculinity that glorifies violence, and gives them a role and purpose they l…

1
Should we tax the rich? 44:05

24d ago44:05

44:05

It’s often the easy excuse on how to fix the problems of wealth inequality - just tax the rich more. Former trader turned YouTuber economist Gary Stevenson argues regularly that it’ll fix a lot of the problem. He’s right that the wealthy own assets and the richer they become the more the price of those assets increases. Take land as an example. The…

1
Time to Shrink the State? 44:43

1M ago44:43

44:43

Is the state too big? As Rachel Reeves announces cuts in welfare and civil servants, is it a recognition that the administration of the UK needs to slim down? Is there inefficiency and capacity we can’t afford? Does the UK need a US-style purge of government jobs? Or does that risk harm to those who depend on state-support for genuine need? Phil an…

1
Will Trump drive us to a better tax system? 39:11

1M ago39:11

39:11

It’s likely that many countries around the world will face import tariffs in retaliation for imposing a value-added-tax on American goods sold in their own country - alongside other goods, taxed equally, that are not from America. As Steve outs it this week, “What tortured brain cells have communicated to other tortured brain cells to make a propos…

1
There is no energy transition happening 35:08

1M ago35:08

35:08

Are we kidding ourselves when we talk about an energy transition? Sure, we are using more renewables than ever before, but the planet is also using more fossil fuels than ever before. Phil asks Steve whether part of the problem is that we pout faith in incumbent energy companies managing that transition. The way BP and others have switched focus ba…

1
Aid Emergency 42:23

1M ago42:23

42:23

The aid tap is being turned off. USAID has suspended all its programmes and the UK is diverting much of the budget for overseas development to buying tanks and bombs. Projects to vaccinate, medicate and educate have been suspended for millions of the world’s poorest people. So what will happen? Will China step in to fill the gap? Will societies alr…

1
Ukraine - Peace In Our Time? 40:03

1M ago40:03

40:03

Is the ceasefire going to happen? Will Moscow sign up? And where will it leave Ukraine - the country that was subject to the largest land war in Europe since 1945? Donald Trump has forced through Kyiv’s cooperation. Can he do the same with Russia? Does he even want to? David Galbreath, Professor of War and Technology at the University of Bath, sets…

1
Is there a ceiling to economic supremacy? 36:01

2M ago36:01

36:01

Donald Trump is doing everything he can think off to improve the US economy. Tariffs, cutting government spending, bringing manufacturing back home, accessing more resources and lowering the cost of energy. Will it work? And, if it does, Phil wonders whether there’s a ceiling to how far the US economy can grow. Or does it grow at the expense of oth…

1
Closing Credits? 32:39

2M ago32:39

32:39

Is cinema dying? The Oscars were the usual triumphant mix of glamour, glitz and terrible speeches, but is the film industry what it was? Streaming, video games, Covid and the cost of living have led to a downturn in audience figures in the US and the UK, although there are faint signs of a revival. Do we still want to sit passively in a big dark ro…

1
Bringing manufacturing home, the Japanese Way 41:45

2M ago41:45

41:45

In a recent podcast Phil suggested that bringing manufacturing home to America won’t necessarily create jobs, because most factories will be automated. They just need one man and a dog, he said. The man to turn the machine on, and the dog to make sure he doesn’t touch anything else. That touched a nerve with Brian Hanley has spent his life refining…

1
How To Handle The Donald 42:27

2M ago42:27

42:27

Taking over Greenland, turning Gaza into a US resort, switching sides over Ukraine - the world has faced a whirlwind of Trump initiatives in the opening weeks of his presidency, some madcap, some sinister. How are foreign leaders and diplomats supposed to deal with this? Is he serious? Or is he just trolling the international liberal establishment?…

1
Are we giving up on climate change? 40:17

2M ago40:17

40:17

Donald Trump, as the world’s highest profile climate change denier, has famously said, repeatedly, that he wants to drill baby drill, to make US energy even cheaper. It’s already half the price of Europe, and all the productivity benefits that provides. Phil and Steve talk about whether this the final nail in the coffin in a world which is paying l…

1
New Towns - Old Ideas? 38:27

2M ago38:27

38:27

Labour is promising 12 new New Towns across England, to spur growth and provide housing. But those who know Telford, Milton Keynes, Welwyn Garden City and the rest might question the model - concrete social engineering hasn’t always been successful in bringing prosperity, especially if there aren’t enough jobs in the area where they’re built. But i…

1
The trade war has begun 41:06

2M ago41:06

41:06

Reciprocal tariffs could be coming to every OECD country if we believe everything Donald Trump says. He sees VAT as a tariff imposed on US imports, which means he wants to impose the same amount on those countries for goods they export to America. That would apply to every OECD country and, supposedly, the President has said there will be no except…

1
Winning The Trade War 41:50

2M ago41:50

41:50

Donald Trump wants big tariffs on US imports, and the countries affected are threatening retaliation - it’s the beginning of a trade war, with China, Canada, Mexico, the EU and others weighing in. So how does Britain ride this out? Can Keir Starmer’s government find ways not to get caught in the crossfire, and maybe even benefit from not being high…

1
Do we need a reserve currency? 41:28

2M ago41:28

41:28

The new US Treasury Secretary Scott Bessent recently re-iterated the US desire to remain as the world’s reserve currency, because they like a strong dollar that’s in demand worldwide. Burt he also says he doesn’t want other currencies weak, because that gives thema trade advantage. That sounds like a “cake and eat it” philosophy. This week Phil ask…

1
Deeply Seeking - China’s AI Challenge 36:31

3M ago36:31

36:31

Have you tried DeepSeek? China’s new, cheap artificial intelligence app has startled Sillicon Valley. It’s wiped billions from the worth of some of big tech’s biggest names - Nvidia, Microsoft, Google - because it seems to be able to do what they can’t, quicker and better. So is this the wake-up call western tech needed, or a threat to our assumpti…

1
More on how money is created 35:37

3M ago35:37

35:37

Phil asked Steve a lot last week about how bank create money through the loans they issue. But he has been, it’s fair to say, a little less convinced about how government deficits create money. So prepare for a light bulb moment as Steve breaks down the process that sees the government spending more, with more money moved to the private sector, and…

1
WFH No More? 35:24

3M ago35:24

35:24

Emails on the beach - we all left the office in 2020, and some of us never went back. But is business calling time now on working from home? Is it part of the problem for UK productivity? Are we working as hard when we can Zoom in from the sofa? Or is hybrid working, Tuesday to Thursday in the office, the new normal? Abigail Marks, Professor of the…

1
Coinucopia’s thriving banking sector 45:50

3M ago45:50

45:50

Steve and Phil have described the island of Coinucopia in previous editions of the podcast. It started as a place where only coins were legal tender, and the supply of coins didn’t increase. They explained how that created deflation and inhibited growth, so the government started adding more coins. Then they let banks issue loans. Now, what happens…

1
Trump - How Crazy Will It Get? 37:42

3M ago37:42

37:42

The 47th president of the United States has begun his administration with a rush of executive orders intended to change the direction of the US. Some seem destructive but predictable - moving against undocumented migrants and re-leaving the Paris Climate Accord. Others just MAGA crowd-pleasers - declaring there are only two genders and renaming the…

1
Reeves off track on growth 37:03

3M ago37:03

37:03

Rachel Reeves, the UK Chancellor, has fallen into the debt-trap argument. She says she is focused on growth, but she is also determined to balance the budget. Cuts to government spending is part of the picture, but her biggest attack has been on business, increasing tax on employment. You could argue that if you are going to tax anywhere, taxing bu…

1
The Sick Men of Europe 36:24

3M ago36:24

36:24

France and Germany are the pillars of the EU, the strongest economies and most stable democracies - except they’re not: Paris and Berlin are caught in crisis, with their political systems failing to produce effective leadership, and their economic models generating debt and recession. Can the EU and its key members find a way to unite nd prosper, a…

1
The population clock 39:51

3M ago39:51

39:51

There are, its estimated, 8.2 billion people on the planet. The UN projects that the world's population will reach 9.7 billion by 2050 and 11.2 billion by 2100. We won’t reach that, says Steve Keen. Even if we ignore climate change, we’ll exceed our capacity to support the population, and the as countries become richer their fertility rate will dec…

1
Starmer Stuck - Labour’s Poor Start 38:15

4M ago38:15

38:15

Labour’s first six months in office has been something of a disappointment, with rows about pensioners’ energy payments, farmers’ inheritance tax and a budget that satisfied nobody. So is it unreasonable expectations from a party in government for the first time in 14 years, or a weakness of leadership in a time of crisis? Phil and Roger ask Rohan …

1
When Coincupia starts to allow loans and bank notes 44:20

4M ago44:20

44:20

Last week Phil introduced us to the island of Coinucopia, where only a limited supply of gold coins could be used to keep the economy functioning. But the island is suffering from very slow economic growth. Steve explains how any innovation, that sees new products come to market, will see the same money chasing more goods, so prices will necessaril…

1
What May Kill You in 2025 39:25

4M ago39:25

39:25

Alien invasion? AI takeover? A new pandemic? Nuclear war? The list of dangers to mankind is long, so what could ACTUALLY bring the curtain down on planet Earth this year, and what is the likelihood? Are we more at risk from our own folly, or from natural disasters about which we can do little? Haydn Belfield of the Cambridge University Centre for t…

Podcasts Worth a Listen

Phil Dobbie Podcasts

Podcasts Worth a Listen