

The Dismal Science
The Australian Institute of Company Directors
Join the AICD's Chief Economist Mark Thirlwell GAICD for this weekly deep dive into the latest economic news from Australia and around the world. From interest rates to trade wars and everything in between, we have you covered.
Episodes
Mentioned books

Mar 11, 2022 • 37min
105 - How I learned to start worrying (Live at the AGS)
Surging prices, war in Ukraine, the spectre of nuclear conflict – how worried should we be? This episode was recorded live last week in Melbourne at the Australian Governance Summit.

Feb 25, 2022 • 37min
104 - NAIRU collar
Wages growth is off the pandemic floor but remains historically weak. How low can unemployment go in Australia before we start to see inflationary pressures? Plus, we look at the potential eocnomic impact of war in Ukraine.

Feb 11, 2022 • 51min
103 - Interesting times
We are back! Markets are roiling at the prospect of interest rate hikes over 2022. Will central banks take away the punchbowl? Should we be worried about a crash? Plus, a mixed confidence picture in Australia as we emerge from Omciron and the latest on Evergrande's debt workout.

Dec 24, 2021 • 1h 20min
102 - It's quizmas time
It's another bumper quizmas episode. We score Mark on last year's quiz, look ahead to 2022 and run through The Dismal Science summer reading list. Plus, the final extremely strong jobs numbers for 2022, Biden's troubled stimulus bill and the MYEFO. We'll be back with more episodes in late January.

Dec 16, 2021 • 51min
101 - Shortages and mortgages
Directors have identified labour shortages as the biggest economic challenge facing Australian business, according to the AICD's latest Director Sentiment Index. Plus, the Australian residential property market passes $9 trillion in value, record job ads and European carbon prices skyrocket.

Dec 7, 2021 • 1h 8min
100 - Raising the bat 🏏
Our founding economist Stephen Walters, now NSW Chief Economist, comes back for our 100th episode to reflect on what's changed in economics since we started in 2017 and his role in advising the NSW government during the pandemic. Plus, 3Q GDP turns out not to be as bad as we feared, Omicron looms on the horizon, another record current account surplus and house prices keep on going up.

Nov 26, 2021 • 47min
99 - The wisdom of the DAO
Grab bag this week for our 99th episode: Four more years for Jerome Powell, President Biden taps the US strategic oil reserves, PMIs turn positive for Australia and decentralised autonomous organisations.

Nov 20, 2021 • 1h 5min
98 - COP out?
The COP26 climate talks were largely a failure against their stated goals. So is there any hope for the future of negotiations and the planet? Plus, wages remain subdued, the RBA's view on the inflation debate and the war for talent.

Nov 5, 2021 • 58min
97 - We'll always have Paris
We go back to the Paris Agreement and ask if its vision, particularly restraining warming to less than 2 degrees, can be met at COP26 and beyond. Plus, central banks begin the task of unwinding unconventional pandemic support programs.

Oct 29, 2021 • 17min
96 - Net zero plans
The government announces a 'plan' for net zero, plus is the inflation genie coming for Australia?


