What is economic growth, and what happens if there isn’t any? And what does that GDP figure stand for? Tim Harford explains how and why we measure everything.
If the economy stops growing, that could mean things like job cuts, so measuring what’s going on is crucial. In this episode Tim Harford explains how the economy is measured and what is missed out. Ec ... Show More
Nov 2022
The Economy: 4. Bonds, Gilts, Stocks and Shares
Who lends the government money and why? And what exactly does the stock market do? All those people in the movies shouting at the screens are buying and selling something, but what? Tim Harford explains why government debt isn’t always a bad thing and why the prices agreed in a r ... Show More
14m 56s
Nov 2022
The Economy: 4. Bonds, Gilts, Stocks and Shares
Who lends the government money and why? And what exactly does the stock market do? All those people in the movies shouting at the screens are buying and selling something, but what? Tim Harford explains why government debt isn’t always a bad thing and why the prices agreed in a r ... Show More
14m 56s
Sep 2024
Immigration and unemployment
<p>When discussing the economy after the interest rate cuts last week, chair of the US Federal Reserve Jay Powell made an interesting comment about jobs numbers and immigration. “If you are having millions of people come into the labour force, and you are creating 100,000 jobs, y ... Show More
19m 8s
Nov 2024
The Truth About the US Economy!
The US Economy has been booming in recent years and most Americans are doing better than they were a year ago, unemployment is lower, wages are growing, and inflation is declining. It’s not just the one percent either, the statistics show that Americans across ages and social cla ... Show More
19m 55s
Oct 2023
Indicator exploder: jobs and inflation
When someone says "the economy is doing well"—what does that even mean? Like, for workers, for employers, for the country as a whole? According to what calculation? How do you put a number on it?The world of economics is filled with all sorts of "measuring sticks." GDP. Inflation ... Show More
18m 29s
Apr 2024
Neil Shearing: What the Consensus Is Missing About the Current Economy
<p>Our guest this week is Neil Shearing. Neil is group chief economist at Capital Economics, a London-based research firm. He is also an associate fellow at Chatham House, an International Affairs think tank. In his Capital Economics role, Neil manages a team of economists and is ... Show More
44m 41s