#89 GARY STEVENSON - Economics, Trading, Inequality, Wealth, Populism, Tax

Despolariza - A podcast by Tomás Magalhães - Wednesdays

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🙏🏼 SPONSORS 🙏🏼 🧠 HiWell: Talk to a psychologist for 15 minutes completely free: https://hiwell.app/despolarizzaa👈🏻 Discount code for 15% off: 15DESPOLARIZA ---------------------------------------------------------------- 🙏🏼WAYS TO SUPPORT THE PROJECT 🙏🏼 - Follow us on instagram: https://www.instagram.com/depolarize - Join the community of supporters! Gain access to exclusive content, events, Discord debates, a WhatsApp group, private sessions with Tomás, and much more: https://www.donorbox.org/despolariza - Free and impactful: Like, Subscribe, Turn on Notifications, Comment, and Share! ---------------------------------------------------------------- 💭 DESCRIPTION 💭 We welcome the man behind the book "The Trading Game": Gary Stevenson! His talent for mathematics took him from East London to the London School of Economics and then to Citibank, where he became a highly successful trader in his early 20s! He quickly made millions by betting on economic inequality, and today he runs his channel, Gary’s Economics, aiming to teach people the real story behind the global economy. Come discover Gary’s journey and his views on economic inequality in this episode. Thank you for being a good sport, Gary! ---------------------------------------------------------------- ⏰ TIMELINE ⏰ (00:00:34) – Intro (Become a Patron!) (00:03:54) – Genetic and Social lottery (00:12:20) – The beginning of the “Trading Game”: From LSE to Citibank (00:23:18) – What’s the social environment like in trading? (00:26:56) – Were you really the best trader in the world? (00:35:45) – Inequality will never stop? When did you realise it? (00:45:32) – Aren’t you polarising? (01:06:37) – You’re a populist, Gary! (01:15:23) – Why do you never show numbers? (01:22:09) – Tax proposal: 1% for wealth above 10 million?  (01:26:15) – Steel Man: “Wealth tax will not solve inequality” (01:40:07) – Financial transaction tax (01:45:33) – Should the rich feel obliged to help the poor? ---------------------------------------------------------------- 📚 REFERENCES 📚 BOOK: The Trading Game The Trading Game de Gary Stevenson - Livro - WOOK PLACE: London School of Economics (LSE) London School of Economics - Wikipedia BANK: Citibank Citibank - Wikipedia FILM: The Wolf Of Wall Street The Wolf of Wall Street (2013 film) - Wikipedia CONCEPT: Profit and Loss Income statement - Wikipedia ARTICLE: Gary´s Financial Times article Financial Times - Gary Stevenson PERSON: Ha Joon Chang Ha-Joon Chang - Wikipedia VIDEO: Meeting Gary's favourite economist: Ha-Joon Chang Meeting Gary's favourite economist: Ha-Joon Chang CONCEPT: PIIGS  PIGS (economics) - Wikipedia ARTICLE: Graphs from Fairness Foundation Wealth Gap Risk Register PERSON: Gabriel Zucman Gabriel Zucman - Wikipedia BOOK: The Hidden Wealth Of Nations The Hidden Wealth Of Nations de Gabriel Zucman - Livro - WOOK CONCEPT: Marginal Propensity to Consume Marginal propensity to consume - Wikipedia ARTICLE: Graph from Office for National Statistics Household total wealth in Great Britain - Office for National Statistics ARTICLE: Graph from Equality Trust The Scale of Economic Inequality in the UK - Equality Trust PODCAST: The Diary Of A Ceo The Diary Of A CEO - YouTube CONCEPT: Golden Rule Savings Date Golden Rule savings rate - Wikipedia BOOK:  Hard Times  Hard Times de Charles Dickens - Livro - WOOK ---------------------------------------------------------------- 🔗 MORE LINKS 🔗 Have you read the Blog or checked out Instagram? 👉🏼 https://linktr.ee/despolariza Studio and Multimedia Production: 👉🏼 https://linktr.ee/zenurik ---------------------------------------------------------------- #garystevenson #garyseconomics #inequality #wealth #populism #tax Episode recorded on 11/06/2025 Learn more about your ad choices. Visit megaphone.fm/adchoices