Global inequality is one of the biggest economic issues facing the world today. Global wealth is now thousands of times what it has been for the vast majority of human history, and yet a lot of that wealth is being hoarded by a smaller and smaller group of people. We were lucky enough to speak to Francisco Ferreira from the London School of Economics, an exp ... Show More
Dec 22
Did China Just Drop The Ball On Global Dominance?
China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ... Show More
16m 15s
Dec 2
A Short Story About Why You Cannot Buy A House
Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ... Show More
12m 51s
Nov 17
The $400 Trillion Problem No One Wants to Talk About
The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dramatic shift is straining pay-as-you-go pension systems to the breaking point. By 2050, one in six people will be over 65, yet politi ... Show More
17m 5s
Mar 2023
Mark Robert Rank, "The Poverty Paradox: Understanding Economic Hardship Amid American Prosperity" (Oxford UP, 2023)
The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the n ... Show More
29m 42s
Mar 2023
Mark Robert Rank, "The Poverty Paradox: Understanding Economic Hardship Amid American Prosperity" (Oxford UP, 2023)
The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the n ... Show More
32m 27s
Sep 2023
Calling for the "reglobalization" of trade: WTO chief Ngozi Okonjo-Iweala
<p>Ian Bremmer sits down with World Trade Organization Director General Ngozi Okonjo-Iweala, the first woman and first person from Africa to lead the organization, for a conversation about the good, the bad, and the future of global trade on the GZERO World podcast. In the last ... Show More
17m 42s
Feb 2019
Adam Tooze on Davos, econ 101 and the unexpected importance of China in the global economy
Adam Tooze, economic historian and author of Crashed: How a Decade of Financial Crises Changed the World, joins the FT’s Brendan Greeley and Brown University’s Mark Blyth to discuss how our politics got us to where we are today, why our ideas about how the economy works may not b ... Show More
50m 13s
Mar 2019
141 SP 5 Ways Money May Be Costing Your Humanity
<p>With the widest wealth gap on record between America’s wealthiest families and, well, everyone else, economic inequality is making headlines. History teaches us that concentrated wealth isn’t good for nations, but emerging science is teaching us it’s not good for individuals, ... Show More
9m 47s
Jan 2022
We’re Bad at Measuring Inequality—Here’s Why That Matters
Stefanie Stantcheva, economist at Harvard University, founded the Social Economics Lab to study inequality, our feelings about it, and how policies influence it. She says when we estimate how much money our colleagues make or how much taxes impact us, we are often very far off fr ... Show More
22m 58s