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Banking instability. High interest rates. Pervasive geopolitical upset. These and other headwinds are pressing powerfully against leaders’ and organizations’ attempts to be more productive and create more economic value. In this episode of The McKinsey Podcast, senior partner Sven Smit puts these trends in context. He shares findings from the McKinsey Global Institute’s latest Future of Wealth research with podcast host and editorial director Roberta Fusaro. He offers four potential scenarios for inflation, interest rates, and growth to 2030 and considers their implications for the future health and wealth of the global economy.

After, we get a better understanding of the working class from Farah Stockman, author of American Made, in an excerpt from our Author Talks series.

Theme music produced, composed, and performed by Joy Ngiaw.

See www.mckinsey.com/privacy-policy for privacy information

34:T46a,National elections are won and lost on the economy. Of course they are: the state of the economy affects individuals' job security, income levels, access to healthcare, education, and overall quality of life, so it's not surprising that voters evaluate candidates based on their proposed economic policies and their ability to address pressing economic challenges. As we kick off a big year for elections and the economy, we take time in this episode to discuss the three most important economic issues that could shape the 2024 elections, especially at the presidential level. These are big challenges our country currently faces, and big challenges ought to be met with big transformative ideas that will improve people’s lives and grow the economy from the middle out. Subscribe to Civic Ventures President Zach Silk’s Substack, The Pitch: civicventures.substack.com Dig into the biggest economic stories by visiting the Civic Ventures YouTube channel Who Gets What and Why: youtube.com/@WGWAW Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Ideas from Aspen: Numbers and words