Episode 128

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Published on:

4th May 2025

Gary Stevenson: The People's Economist

In this episode, Matt and Chris take a look at one of the UK’s most compelling economic crusaders: Gary Stevenson, aka Gary’s Economics. A millionaire trader turned YouTube firebrand, Gary’s message is simple and potent: wealth inequality is spiralling, the ultra-rich are hoarding everything, and economists and politicians are either complicit or clueless.

Gary’s story has all the trappings of a mythic arc: from humble East London roots to Citibank’s trading floor, where he made millions betting against the poor during the financial crisis. Now he claims the system is so broken that only someone like him, working class and mathematically gifted, someone who entered the high-power world of financial trading and took on the system, could see it. As Gary puts it, a sort of economic Copernicus, who brought a revolutionary message that was dismissed by a stultifying orthodoxy.

With his righteous critique comes a hefty dose of swagger, whether it is in considering himself like a Usain Bolt of trading or in the frequent laments about how exhausting it is to be a lone voice of truth facing bad-faith hit pieces. Gary straddles an odd tension: self-effacing underdog one moment, saviour-on-a-soapbox the next. He rails against academia, dismisses journalists as clickbait merchants, and urges people not to heed critics, due to their ulterior motives.

Our hosts explore the contradictions of a millionaire revolutionary who's not even bothered but also a bit miffed the phone isn’t ringing; a tireless advocate for the poor but also someone who seems to frequently drop in his elite credentials and just how rich he is.

So strap in for a deep dive into charisma, critique, and class warfare economics. Is Gary the economic truth-teller we need, or a populist guru-in-the-making with revolutionary zeal and a finely tuned YouTube brand?

Sources

Influential economists focused on inequality and arguing for a wealth tax (as well as other things)

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About the Podcast

Decoding the Gurus
A psychologist and an anthropologist try to make sense of the world's greatest self-declared Gurus.
An exiled Northern Irish anthropologist and a hitchhiking Australian psychologist take a close look at the contemporary crop of 'secular gurus', iconoclasts, and other exiles from the mainstream, offering their own brands of unique takes and special insights.

Leveraging two of the most diverse accents in modern podcasting, Chris and Matt dig deep into the claims, peek behind the psychological curtains, and try to figure out once and for all... What's it all About?

Join us, as we try to puzzle our way through and talk some smart-sounding smack about the intellectual giants of our age, from Jordan Peterson to Robin DiAngelo. Are they revolutionary thinkers or just grifters with delusions of grandeur?

Join us and let's find out!
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About your hosts

Christopher Kavanagh

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A Northern Irish cognitive anthropologist who occasionally moonlights as a social psychologist. Chris has long standing interests in the psychology of conspiracy theorists and pseudoscience. His academic research focuses on the Cognitive Science of Religion and ritual psychology. He lives happily in Japan with his family.

Matthew Browne

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An Australian psychologist and numbers-guy. He does research on all kinds of stuff, but particularly enjoys looking into why people believe the things they do: religion, conspiracy theories, alternative medicine and stuff. He's into social media in the same way people slow down for car accidents.