Why Do Good People Make Bad Decisions?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 27 March 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

From Dublin’s housing crisis to stalled metros and blocked wind farms, this week’s episode explores how well-meaning people, and governments, have tied themselves in knots. We ask the simple but provocative question: if we could build Ardnanacrusha in three years a century ago, why can’t we build homes or rail lines now? Blame over-regulation, hyper-democracy, and good intentions gone rogue. Whether it’s zoning laws, environmental red tape, or endless consultations, we’ve made it nearly impossible to build anything at scale or speed. Drawing on lessons from China, Spain, and Dublin 1, this episode is a call for a Second Irish Republic, one that resets the country to make allow it to achieve its potential.

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Transcript

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0:00.0	So just before we start, I want to mention the book club, March 31st, we have two fascinating books.
0:05.2	So the first book is Kindleberger's book, Manias, Panics and Crashes.
0:10.2	Yeah.
0:10.4	Now, some of our patrons were saying it's a little bit too hard.
0:13.5	So I decided to put together with that book, an easier book, probably a better written book by a guy called Howard Marks. It's called
0:22.1	The Most Important Thing and it is really a book about the psychology of markets. If you want to
0:27.8	learn about financial markets, credit cycles, booms and busts, join us 31st of March 7 p.m. The Zoom is on.
0:36.7	And to be part of our exclusive book club, join up on patreon.com
0:41.9	forward slash David McWilliams. And we will read and learn together.
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