The Econoclasts is a new podcast from UnHerd hosted by economist Yanis Varoufakis and journalist Wolfgang Munchau. While they don’t always agree politically, they are united in one conviction: the consensus is rotten. Mainstream economics has consistently failed to predict the events that shape our world, yet this broken orthodoxy still dominates policy and media. Each week, they choose two pillars of the established orthodoxy — the “settled facts” — and shatter them, cutting through the spin to connect the dots between money, geopolitics, and the real forces shaping our future.
Curated by: UnHerd (58 videos)
📰 Subscribe to UnHerd today at: https://bit.ly/3Qdkd5y Today on The Econoclasts, Yanis Varoufakis and Wolfgang Munchau shatter the myth that the Chancellor must always defer to the "experts" at the Bank of England, and expose the billions in controversial payments the Treasury makes to commercial banks. From debunking the "sausage machine" of economic models to debating whether a National Investment Bank or libertarian deregulation is the cure for Britain's stagnation, Yanis and Wolfgang reveal why Rachel Reeves is paralysed by a crisis of her own choosing. The Econoclasts is the podcast from UnHerd in which Yanis Varoufakis and Wolfgang Munchau each week pick pillars of the economic orthodoxy - so-called 'settled facts' - and shatter them. Why? Because, while they don't always agree politically, they’re united in one conviction: the consensus is rotten and the establishment's model is failing. Watch it on the UnHerd website: https://unherd.com/watch-listen/rachel-reeves-fatal-mistake/ Listen to the podcast: plinkhq.com/i/1685475850 Advertise on UnHerd @ zoe.white@unherd.com //TIMESCODES// 00:00 - 01:53 - Introduction 01:53 - 11:46 - The problem with the OBR and the BOE 11:46 - 20:24 - What should the UK do? 20:24 - 20:57 - Closing thoughts Follow UnHerd on social media: Twitter: https://x.com/Econoclasts Facebook: https://www.facebook.com/unherd/ Instagram: https://www.instagram.com/unherd/ TikTok: https://www.tiktok.com/@unherdtv #UnHerd #RachelReeves #KeirStarmer