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The David McWilliams Podcast

Vibecession, AI Mania & The New Casino Economy with Kyla Scanlon

The David McWilliams Podcast

David McWilliams

News & Politics

4.5692 Ratings

🗓️ 13 November 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Live at Kilkenomics, we welcome Roscommon's own economics star Kyla Scanlon author of In This Economy for a fast, funny, and razor-sharp tour of where money and mood collide. We get into her “vibecession” idea on why feelings beat spreadsheets, the AI splash that’s propping up markets, and why America is drifting from a work economy to a casino economy. Why are unprofitable companies dominating the stock market? What happens when a whole generation treats the economy like a casino? And how did social media become both the marketplace and the message? From America’s leveraged bet on tech to Ireland’s own Gen Z drift, we follow the vibes, the volatility, and the very weird definition of adulthood emerging in 2025.

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Transcript

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0:00.0

To understand the economy, you have to understand human nature.

0:05.0

This podcast is powered by ACAST.

0:13.0

Hey, welcome to the podcast. It's John here.

0:16.0

Now, last weekend was another spectacular Kilconomics weekend. A proper full-on jamboree of economics and comedy and actually just a bit of crack.

0:28.3

And every year it's getting bigger and better. In actual fact, this is the biggest year yet.

0:33.7

So in traditional style, myself and Matt kicked things off for the live podcast show.

0:38.8

But this time, we were joined by the wonderful Kyla Scanlan.

0:43.2

Now, who's Kyla Scanlan?

0:44.5

Well, I'll let Mack take it from here.

0:47.3

There is an up-and-coming economic superstar from the United States.

0:53.6

Her book, In This Economy, is a New York Times bestseller.

0:57.6

She is changing the way people think about economics, understand economics, absorb economics.

1:05.0

She is, I wouldn't say a spokesperson for, but she's an interpreter for her generational, as they call

1:12.9

Gen Z. We call them Gen Z. It doesn't sound quite so good. It's also A, with a name like Scanlan,

1:21.5

her people are from Ross Common. So if there are any people from up the road, give her big who

1:26.5

for Ross Common and B, it's big hoop for us coming to be.

1:28.8

It's her first time.

1:29.6

There you go.

1:30.3

They are here.

1:32.8

And it's all two of you.

1:37.0

And it's also Kyla's first time in Ireland. So I want to give her a massive Kilkenny Irish welcome to one of our own who is coming back.

1:43.1

So that's a bit of a treat.

...

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