Gary’s Economics

Why Jeff Bezos wants to cut your taxes

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  • Post last modified:13 July 2026
Why Jeff Bezos wants to cut your taxes

This is an AI-written (but human-edited) summary of Gary’s recent video: Why Jeff Bezos wants to cut your taxes Jeff Bezos, the world’s fourth richest man with a personal wealth of approximately $280 billion, gave an interview on CNBC this week arguing, seemingly on behalf of ordinary working people, that a nurse in Queens earning $75,000 a year should not be paying over $1,000 a month in taxes. Gary’s response is to take the argument apart carefully. The Setup: A False Choice The context matters. A ballot on adopting a wealth tax is coming in California in November, and newly elected…

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The economist billionaires fear: this is how we get a wealth tax

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  • Post last modified:13 July 2026
The economist billionaires fear: this is how we get a wealth tax

This is an AI-written (but human-edited) summary of Gary’s recent video: The economist billionaires fear: this is how we get a wealth tax In his previous video on Rory Stewart, Gary promised that the response to accusations of fringe economics would not just be rhetoric, it would be evidence. He said he was reaching out to the most reputable economists in the world who share his analysis, and that the first to appear on the channel would be Gabriel Zucman. Who Is Gabriel Zucman? Gary opens by contextualising his guest. Zucman is a professor at the Paris School of Economics and…

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Why are the far right doing so well? And can they be stopped?

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  • Post last modified:13 July 2026
Why are the far right doing so well? And can they be stopped?

This is an AI-written (but human-edited) summary of Gary’s recent video: Why are the far right doing so well? And can it be stopped? Across the UK and Europe, far-right parties are surging. Reform are ahead in UK national polls. The AfD doubled its vote share in Germany. The mainstream response has oscillated between dismissal, alarm, and increasingly desperate attempts at imitation. Gary’s argument is that all of these responses share the same flaw. They are focused on the wrong question. The question is not how to discredit the far right. The question is why they are winning — and that…

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Will AI destroy the economy?

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  • Post last modified:13 July 2026
Will AI destroy the economy?

This is an AI-written (but human-edited) summary of Gary’s recent video: Will AI destroy the economy? Gary opens the video with a question that has been circling in public debate for the past two years: will artificial intelligence make ordinary people richer and more productive, or will it steal their jobs and leave them worse off? His answer, characteristically, is that neither of the dominant narratives is quite right — and that the past has already given us the evidence we need to work out what is actually going to happen. The guide he reaches for is the Industrial Revolution. Two…

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Have I been wrong on the economy this whole time?

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  • Post last modified:13 July 2026
Have I been wrong on the economy this whole time?

This is an AI-written (but human-edited) summary of Gary’s recent video: Have I been wrong on the economy this whole time? Gary returned from six months of filming a Channel 4 documentary to find that the biggest piece of gossip in his absence had been generated by Rory Stewart, former Conservative MP and co-host of The Rest is Politics — the UK’s most-listened-to politics podcast. In a November interview with Green Party leader Zack Polanski, Stewart had questioned Gary’s credibility as an economist, implying he lacked serious qualifications for the role. Gary came back and watched it. He found it interesting…

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The Iran economic shock is coming. How to protect yourself

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  • Post last modified:13 July 2026
The Iran economic shock is coming. How to protect yourself

This is an AI-written (but human-edited) summary of Gary’s recent video: The Iran economic shock is coming. How to protect yourself The US and Israel have effectively invaded Iran. Iran’s response has been to block the Strait of Hormuz – the narrow body of water through which an enormous share of the world’s oil and gas passes. Nobody knows how long it will stay blocked. What we do know is that this will cause a large increase in the price of energy, and knock-on increases in the price of food and pretty much everything else. There is also something not being…

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