Australia, Argentina & Ireland: A Tale of Three Economies

The David McWilliams Podcast

David McWilliams

News & Politics

4.5 • 692 Ratings

🗓️ 4 November 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Australia is the country Argentina should’ve been, and the country Ireland could become. Seventy years ago, Argentina and Australia stood side by side as the world’s great hopes, rich in land, resources, and ambition. Today, one is a model of steady prosperity, the other a warning wrapped in inflation and political theatre. We dig into how two nations with the same starting line took radically different paths: Australia’s pragmatism versus Argentina’s populism. From Perón to protectionism, from housing booms to resource riches, it’s a lesson in how economic choices shape destiny, and why Ireland should listen carefully before history starts to rhyme again.

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Transcript

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0:00.0	No bed, no problem.
0:01.7	Why not make a Kilkenomics day trip?
0:04.1	You can easily do Kilkenny in a day,
0:06.4	late trains to Dublin and Waterford Friday, Saturday,
0:09.6	catch a panel, grab a bite in Kilkenny's brilliant restaurants
0:12.4	and still be home in time for bed.
0:15.5	To understand the economy, you have to understand human nature.
0:21.8	This podcast is powered by ACAST.
0:27.1	It's time for the podcast.
0:28.8	John has just said, oh fair, I love when stuff works.
0:32.0	Which is very typical of you.
0:33.8	Do you like my new look, my Aussie look?
0:35.6	You're looking fab.
0:37.2	I'm feeling particularly, I'm particularly outdoorsy.
0:41.5	I feel like I should be wearing a singlet and playing Aussie rules football.
0:45.6	And wearing, what are your crocs?
0:47.2	And they wear crocs?
0:48.3	They do, they do.
0:49.2	And, but I was, I was, I was, I was taking it back by the extraordinary and lamentable state of their barnets.
0:56.8	The mullet has taken over the Aussies.
0:59.3	I know, I know.
1:00.4	We were talking about that as the rugby mullet.
	...

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