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Power and Consequences

by Third Clumber Productions
PoliticsNewsTechnology

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Latest episodes

  • Episode 32: How Much Trouble is Europe In?

    October 5, 2026 · 38 min

    Gary and Simon explore the economic & political challenges facing Europe, tackling the impact of the Euro and the tensions arising from immigration and energy dependence. Why hasn't the EU's project to create a unified economy fully…

  • Episode 31: Should We Slow AI Development? Can We?

    September 28, 2026 · 41 min

    Gary and Simon discuss whether we should slow the development of AI and can we slow its pace? They explore AI's capabilities, limitations, and characteristics which have led to growing real world risks. Unpacking OpenAI's recent Hugging…

  • Episode 30: What Are We Getting With All These Data Centers?

    September 21, 2026 · 42 min

    Gary and Simon dive into the important topic of the big data centers building boom, particularly for artificial intelligence. No building boom lasts forever. When the slowdown comes, what will be the economic and financial markets…

  • Episode 29: What Happened to Japan?

    September 14, 2026 · 46 min

    Gary and Simon discuss Japan, examining its rise as a global economic powerhouse post-World War II, the valuation bubble that popped in 1990, and the policy mistakes contributing to the ‘lost three decades’ since. What are the lessons from…

  • Episode 28: Does the Fed Have Inflation Under Control?

    September 7, 2026 · 42 min

    Gary and Simon discuss the complexities of inflation and the Federal Reserve's role in managing it. What effect do political pressures have on the Fed's decision-making process? How does inflation impact financial markets and you? A video…

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  • Episode 27: When Will the Iran War End?

    August 31, 2026 · 45 min

    Gary & Simon discuss the ongoing Iran war. When is it realistic for the conflict to end? What are the impacts on energy prices, inflation, the economy, and mid-term elections? Will tougher economic sanctions work to end the conflict? What…

  • Episode 26: What Is The Bond Market Saying?

    August 24, 2026 · 44 min

    Simon and Gary discuss the recent increase in long-term interest rates. How will this affect the federal government budget? Will mortgages, credit cards, and auto loans become more expensive? Is this a sign of deeper concerns in the bond…

  • Episode 25: What Will AI Do To Jobs?

    August 17, 2026 · 41 min

    Simon and Gary discuss the relationship between artificial intelligence and labor. How will AI change productivity levels? Will changes in productivity be distributed fairly? And should the history of technology make us optimistic or…

  • Episode 24: Does Science Matter?

    August 10, 2026 · 48 min

    Simon and Gary unpack science funding, tackling the value of basic science, the different roles that the government and private backers play, and the serious effects of the current decrease in U.S. government funding. For bonus thoughts on…

  • Episode 23: Is The Global Dollar System In Decline?

    August 3, 2026 · 46 min

    Simon and Gary dive into how the U.S. dollar became the currency hegemon, how this status influences the actions of countries around the world, and what it would take for another currency to become the standard. For bonus thoughts on each…

  • Episode 22: Is The U.S. Federal Debt Unsustainable?

    July 27, 2026 · 49 min

    Simon and Gary discuss the cyclic history of the U.S. federal debt, why the current debt situation is unique, and what can be done to lower the debt-to-GDP ratio. For bonus thoughts on each episode, visit powerandconsequences.com, where…

  • Episode 21: Is the Supreme Court Weakening U.S. Institutions?

    July 20, 2026 · 46 min

    Simon and Gary unpack key decisions from the U.S. Supreme Court's most recent term, tackling the impacts of presidential supremacy, birthright citizenship, and tariffs, among other issues. For bonus thoughts on each episode, visit…

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About the show

Every day seems to bring unprecedented news in the political sphere. But what exactly is happening, what is most important, and what is likely to stick around or provoke backslash? Professors Gary Gensler (former SEC chair) and Simon Johnson (Nobel Prize-winning economist) tackle a single policy topic each week, explaining how the events of today will affect you tomorrow.