Garys EconomicsThe economy is made up of real resources and the people who produce and own them. Money is different. Money is supposed to represent these real things and the relations between them, but it often fails to. Focusing too much on money – and interest rates and monetary policy – blinds us to how the economy actually works. Gary explains why this is so important if we want to change anything.
–––––––––––
Special message: I've been meeting MPs, lords, political influencers, TV and radio presenters and heads of think tanks every week to convince them to tax wealth not work. Momentum is seriously growing behind wealth taxes as we head towards the autumn Budget. We need your help to keep making videos every week, growing our team and building the movement to tax wealth not work. Make a one-off donation on Stripe: buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00 Or make a regular donation on Patreon: patreon.com/garyseconomics (on the Patreon you'll also get access to live Q&As with me and early access to content.) All donations go to our not-for-profit company. Thanks, Gary x
–––––––––––
Further resources to understand money mentioned in the video:
00:00 Intro 01:47 The obsession with interest rates 03:56 How monetary policy failed in 2008 06:05 Know your medieval history 06:55 People confuse money for real resources 07:24 Money printing during COVID 08:20 Why don't we just make more money? 10:21 You need more real resources 11:27 Redistribution of resources 12:46 Money is different for the individual and the state 13:24 Resources are rapidly flowing to the rich
Why money obsession is keeping you poorGarys Economics2025-08-24 | The economy is made up of real resources and the people who produce and own them. Money is different. Money is supposed to represent these real things and the relations between them, but it often fails to. Focusing too much on money – and interest rates and monetary policy – blinds us to how the economy actually works. Gary explains why this is so important if we want to change anything.
–––––––––––
Special message: I've been meeting MPs, lords, political influencers, TV and radio presenters and heads of think tanks every week to convince them to tax wealth not work. Momentum is seriously growing behind wealth taxes as we head towards the autumn Budget. We need your help to keep making videos every week, growing our team and building the movement to tax wealth not work. Make a one-off donation on Stripe: buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00 Or make a regular donation on Patreon: patreon.com/garyseconomics (on the Patreon you'll also get access to live Q&As with me and early access to content.) All donations go to our not-for-profit company. Thanks, Gary x
–––––––––––
Further resources to understand money mentioned in the video:
00:00 Intro 01:47 The obsession with interest rates 03:56 How monetary policy failed in 2008 06:05 Know your medieval history 06:55 People confuse money for real resources 07:24 Money printing during COVID 08:20 Why don't we just make more money? 10:21 You need more real resources 11:27 Redistribution of resources 12:46 Money is different for the individual and the state 13:24 Resources are rapidly flowing to the rich
00:00 Intro 01:13 Labour just unlucky? 04:22 Could they have fixed it? 06:50 Are they incompetent? 08:30 The centre is failing globally 11:14 They don’t understand economics 13:58 The real problem 18:00 Demand for change is unstoppable 19:20 Collapse of the Roman Empire 20:14 What new idea will win? 25:35 Fascism and poverty 26:15 What do you do? 28:18 My message to the intellectual class 30:23 What is really happening
Coincidentally for any Kiwis or Aussies watching, I actually have a Oz/NZ tour coming up in Feb/Mar 2026. They will kill me for forgetting to mention it in the video. We currently have only one NZ date on the tour, Auckland on 4th March, but if it sells out quickly maybe I can convince them to add a second date:
00:00 Intro 02:01 Who is Chloe Swarbrick? 05:43 New Zealand’s economy 10:00 Wealth inequality in NZ 14:24 Wealth taxes globally 15:35 How do we win? 20:00 The Murdoch strategy 21:50 Chloe’s advice to Gary 25:56 Anti-immigrant politics 29:20 Coal miners and green politics 31:13 How to win public support 34:49 Are you hopeful?
00:00 Intro 00:15 What are the odds? 04:15 Is the betting market wrong? 06:20 Trend to populist right 07:49 Labour’s position 09:05 Will Keir Starmer be replaced? 09:42 Labour will rebrand 11:35 How Labour could win 13:35 Labour and immigration 14:23 Can the Conservatives win? 16:39 The Liberal Democrats 17:18 The Greens and Zack Polanski 20:50 How Reform could be defeated 26:35 Centrists: my message to you 28:03 The left: how you can win 32:28 What will happen if Farage wins 36:28 The slide towards extremism 38:28 Reform voters: my message to you
00:00 Intro 03:14 Trading is economic forecasting 09:30 Being right when others are wrong 15:45 Identify 1 thing people are wrong about 17:15 Why I love trading 19:03 What good traders do 21:41 I don’t care about your opinion 23:09 Counter-trend trading 25:17 The downsides of trading 28:28 You can’t change things as a trader 30:35 Trading sucks up all the talent 31:58 Is trading economic analysis? 33:30 The worst economists 36:17 Trading is meritocratic 40:00 Why this matters for politics 42:52 Politicians won’t listen to me 44:05 What can we do? 46:40 What I am hopeful about
00:00 Intro 03:02 What is salience? 07:02 The media decides what is or isn't discussed 08:29 The importance of storytelling 10:20 People need stories in times of crisis 14:55 The best storytellers take power 17:35 Citizen journalists on social media are powerful 22:29 Tell simple messages 23:22 What our story needs to be 25:22 WHY the far right is winning
And does the feedback work both ways - insecure economies cause people to be scared, easily manipulated, and individualistic, which prevents ordinary people from uniting and fighting back as a class?
Also a little on my own historical struggles with the economy and mental health, both in the past and now.
"In a mad world, only the mad are sane" ~ Akira Kurosawa
Take care of yourselves and each other
xx
––––––
00:00 Introduction 03:31 How mental health is affected by the economy 04:55 My argument in less than 1 minute 06:15 Mental health is a symptom of something bigger 09:50 Why deteriorating mental health makes political action so hard 16:00 More and more people know collapse is coming 20:13 Hard work no longer pays 22:24 Personal struggles 25:09 What can we do? 30:17 Why it's so urgent
JOIN OUR MAILING LIST – https://mailchi.mp/e27e37c9ebb4/get-garys-new-newsletter
00:00 Intro 00:48 Massive oppurtunity 02:29 How to explain my message to your friends and family 02:43 Point 1: Don't be a dick 04:00 People are scared 08:06 Point 2: Understanding and education 16:35 Point 3: How to deal with common pushbacks 19:20 The Laffer Curve 22:43 "It's not fair to tax rich people" 24:20 I don't want to tax workers more 25:45 "Don't give money to the government, they'll waste it" 27:40 The core messageWhat if I get shut down?Garys Economics2025-08-08 | JOIN THE MAILING LIST: subscribepage.io/garyseconomicsWhy your government is about to raise YOUR taxesGarys Economics2025-08-03 | In October the UK government will be forced to raise taxes to avoid financial instability. Who they choose to tax at this next Budget will forge a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class.
00:00 Intro 00:47 Why this year's UK Budget matters 02:10 What they will announce 02:50 Governments are going bankrupt 08:25 Do they have other options? 10:48 Tax the rich or tax the middle class 11:15 Rich vs middle class vs working class 12:29 Do not trust the rich 13:13 My message to middle class people 15:04 What I mean by "tax the rich" 16:09 The rich are WINNING
JOIN OUR MAILING LIST – https://mailchi.mp/e27e37c9ebb4/get-garys-new-newsletter
Performed by Gary Stevenson @garyseconomicsHow to take over your country on YoutubeGarys Economics2025-07-27 | Alt right political movements have proven they take power using social media. Gary walks us through how we can use their rulebook to get what we want.
00:00 Introduction 02:26 Social media's power in politics 05:05 The WWF model 07:01 Economic inequality 08:08 Build a platform 17:49 The power of social content creation 26:12 Use the traditional media 30:36 You have to focus your message 35:00 Be disciplined 37:13 Challenges from elite institutions 41:27 Take a strategic approach 45:43 Balancing advocacy and content creation 48:20 What you can do – and what I'm planning
JOIN OUR MAILING LIST – https://mailchi.mp/e27e37c9ebb4/get-garys-new-newsletter
Performed by Gary Stevenson @garyseconomicsBankrupt countries dont have welfare statesGarys Economics2025-07-21 | On @LBCOfficial just now, with Andrew Marr.
Performed by Gary Stevenson @garyseconomicsThe REAL reason behind the housing crisisGarys Economics2025-07-20 | Why is the UK in a housing crisis? And how we get out of it.
00:00 Intro 01:26 Every city in the world has a housing crisis 04:00 Housing is an asset like shares, bonds, commodities 07:40 Economists are missing this 08:40 Why house prices are going up 11:55 How rich people push up house prices 14:15 House prices vs. wages 16:33 Should we just build more housing? 18:33 Inequality is reshaping our cities and creating slums 21:27 Why we can't get growth 24:13 The problem is inequality 25:09 Cutting red tape and Grenfell Tower 26:06 The rich always decide
Performed by Gary Stevenson @garyseconomicsTax wealth not work on Good Morning BritainGarys Economics2025-07-15 | Me arguing for a wealth tax on @gmb this morning.
Performed by Gary Stevenson @garyseconomicsIm back. This is how we fix the UKGarys Economics2025-07-13 | The UK's economic and political situation is dire. Growing wealth inequality is leading to mass impoverishment, which in turn is leading to the rise of extreme politics. Gary has one message for the government: a wealth tax could start to reverse the situation – and prevent the collapse of our society. He also has message for anyone tempted to vote for Reform (spoiler: stopping immigration won't fix the problem). In this first episode after a three month break, Gary brings us up to speed on everything that's happened in UK economy – and what we need to achieve in the coming months.
CHAPTERS
00:00 intro 00:40 Wealth taxes are coming 02:41 Economic and political situation 08:12 The death of centrism and far-right doom loop 12:06 My message to the Labour government 15:12 We can win 17:32 It's an international issue 18:50 Gary talks to Reform voters 20:43 Working class vs middle class 22:16 If you are rich listen to this 24:05 What's next on the channel?
Performed by Gary Stevenson @garyseconomicsSigning off: how close are we to winning higher taxes on the rich?Garys Economics2025-04-20 | In this last video before a break, Gary asks: just how close we are to convincing the government to tax the rich more? And reveals whether he's inviting Labour onto the channel or not. And discusses why the press have been attacking him. And explains where he's going exactly.
Gary will be doing a final Q&A with Patreons on 30 April before his break. Join our Patreon here: patreon.com/garyseconomics
TIMESTAMPS
00:00 Intro 01:02 What’s changed since the UK Election last year? 02:32 The fastest growing Youtube channel in the country 02:55 Wealth taxes becoming popular 03:50 Rise of the alt right 05:00 Taxing the rich more is now on the table 05:40 I think we can win for the first time 06:46 I’m knackered 07:42 How fast Gary’s Economics is growing 10:09 How can we win 11:03 This is the basic strategy 12:00 ‘Tax Wealth Not Work’ 12:42 Our weakness 13:42 We need more voices 15:25 How you can help: just do it 16:40 This takes time 17:51 My mental health 18:56 Thank you Patreons 20:10 Responding to the big criticisms 23:41 The personal attacks 24:35 Decision: Labour on the channel? 26:00 Scammers 26:33 THANK YOU 28:04 Don’t be divided, don’t be conquered
Performed by Gary Stevenson @garyseconomicsThe week Trump nearly crashed the world economyGarys Economics2025-04-13 | The world just went totally mad. Here's what it means.
Timestamps
00:00 Introduction 02:55 Trump's Actions 04:58 Understanding Trade Deficits 09:41 Economic Inequality 10:51 Tariffs and Their Implications 12:33 Understanding Taxation Systems 20:53 Income and Spending Patterns Across Economic Classes 23:05 Impact of Tariff Policies on Global Trade and Poverty 25:11 Humanitarian and Economic Consequences of Tariffs 27:12 Tariffs and Strategic Implications 34:42 Economic Uncertainty 40:35 Market Manipulation and Trader Psychology 47:43 Global Implications 50:08 Comparison to Fyre Festival 51:59 Build a Better Future
Performed by Gary Stevenson @garyseconomicsTraders are betting Trump is fundamentally incompetentGarys Economics2025-04-10 | UNDERSTAND, SHARE & PUSH BACK
Performed by Gary Stevenson @garyseconomicsMeeting Garys favourite economist: Ha-Joon ChangGarys Economics2025-04-06 | Ha-Joon Chang is best selling author of '23 Things They Don't Tell You About Capitalism'. If you want to understand how our economic system is failing us, this is the economist to study.
Timestamps
00:00 Introduction to the Guest and the Channel's Focus 02:11 Ha-Joon Chang's Background and Inspiration 07:19 Parallels Between South Korea's Growth and Modern Urban Challenges 08:32 Reflections on Housing and Early Education in Korea 10:07 Economic Upheaval and the Search for Alternatives 14:38 Exploring Diverse Economic Theories at Cambridge 17:46 The Dominance of Neoclassical Economics 19:14 Advice for Aspiring Economists 20:33 The Disconnect Between Economics Education and Real-World Issues 24:12 Challenges in Economics Education 25:55 Disconnect Between Economics Training and Real-World Application 30:33 Economics as a Modern Theology 31:40 Historical Justifications and Economic Narratives 32:37 Wealth Inequality and Exclusion of the Poor 36:21 Taxation, Financial Markets, and Political Reluctance 38:30 Historical Taxation and Economic Growth 39:40 COVID-19 Economic Response and Distribution Inequality 41:12 Taxing the Wealthy: Historical and Modern Perspectives 42:25 Challenges in Addressing Economic Inequality 44:15 Strategies for Economic Change 46:14 Hope for Economic and Social Progress
Performed by Gary Stevenson @garyseconomicsSpecial: Can tariffs make you rich? with Ha-Joon ChangGarys Economics2025-04-03 | FULL INTERVIEW OUT ON SUNDAY
In the past some countries – like South Korea, Britain and the US – have used tariffs to protect and foster nascent industries, and grow rich from the results. Can America's current experiment with protectionism work out the same way?
Performed by Gary Stevenson @garyseconomicsWhy Labour is crushing your living standardsGarys Economics2025-03-30 | Behind the dry statistics of the Spring Statement is a bleak reality. The Labour government is doing austerity 2.0 in the UK. Here's why – and what you can do about it.