logo
episode-header-image
Aug 2024
31m 33s

Rethinking income inequality, with Chris...

Financial Times
About this episode

A recently released research paper calls into question many of the assumptions about the rate at which income inequality has grown in the US over the past 75 years. Today on the show, Soumaya and the FT’s economics commentator, Chris Giles, discuss this bombshell report, and what it means for economists thinking about wealth and income in the US.


To take part in the audience survey and be in with the chance to win a pair of Bose QuietComfort 35 wireless headphones, click here. Click here to find T&Cs for the prize draw.


Soumaya Keynes writes a column each week for the Financial Times. You can find it here


Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Nov 21
Did globalisation kill neoliberalism? With Branko Milanović
<p>Thirty-five years ago, the global economy could be neatly divided into market economies, socialist economies and poorer non-aligned countries. Today, that picture is rather more complicated. Western-style neoliberalism – expected to become the dominant economic system after th ... Show More
32m 37s
Nov 19
Coming soon from Tech Tonic: Defying death
<p>Investors are spending billions of dollars on novel ways to extend human life through inventive treatments, therapies, and even manipulating our genes. And increasingly, it seems as though anti-ageing efforts have moved from the super rich to a mass market consumer industry. I ... Show More
1m 30s
Nov 14
The limits of monetary policy, with Agustín Carstens
Money, it’s often said, is a form of trust and central banks are the custodians of that trust; it’s their job to guarantee that the money they issue maintains stable purchasing power. More recently, that’s been no easy task. Witness President Donald Trump’s attacks on the indepen ... Show More
30m 54s
Recommended Episodes
Aug 2024
The Economics Show with Soumaya Keynes: What’s wrong with economics?
<p>This week, we’re bringing you something from our fellow FT podcast, The Economics Show with Soumaya Keynes.&nbsp;</p><br><p>Sir Angus Deaton won the Nobel Prize in Economics in 2015. So when he says he is rethinking many of his assumptions about the field, it matters. Today on ... Show More
34m 42s
Sep 2024
Prof G Markets: Takeaways from the Second Debate + Does the US Need a Sovereign Wealth Fund?
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing recent inflation data, Oracle’s earnings, Wall Street’s decision to curb working hours for young bankers, and Open AI’s newest model. Then Scott shares his reactions to the President debat ... Show More
50m 31s
Jan 2025
Markets rally on falling inflation and positive earnings reports
<p>Stocks rally and government bond yields drop on positive inflation reports from the US and the UK. Another catalyst for the positive mood across markets is the season's first earnings reports from several Wall Street heavyweights, which all beat estimates and provided positive ... Show More
12m 39s
Oct 20
Why the Stock Market Just Keeps Going Up
<p>Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up.</p><p>Joe Rennison, a reporter covering financial markets for The New York Times, explains what is goi ... Show More
30m 59s
Oct 19
Why This Legendary Investor Says We're in a Stock Market Bubble
In this week's episode of WSJ’s Take On the Week, co-hosts Gunjan Banerji and Telis Demos dig into the latest big bank earnings and what they signal about the health of the U.S. consumer. Next, they explore the disconnect between potential economic warning signs and the market’s ... Show More
28m 25s
Sep 9
Support for Capitalism Hits New Low & Howard Stern Stays with SiriusXM
Episode 666: Neal and Toby discuss the latest research study that reveals that support for capitalism has hit a low in the US. Then, the Airbnb crackdown in New York and around the world hasn’t gone as planned in terms of freeing up apartment availability and Howard Stern announc ... Show More
29m 51s
Apr 2025
EMERGENCY PODCAST: USA vs China Trade War w/ Richard Werner | PBD Podcast | Ep. 574
<p>Patrick Bet-David sits down for an emergency podcast with economist and &quot;Father of Quantitative Easing&quot; Richard Werner for a deep-dive conversation into the future of global finance. They discuss the rise of de-dollarization, central bank digital currencies (CBDCs), ... Show More
1h 8m
Feb 2025
Prof G Markets: Is Reddit Undervalued? + Netflix Goes After Podcasts
Did you know we have a separate Markets feed? Follow Prof G Markets for additional episodes: Apple Podcasts Spotify  Scott and Ed open the show by discussing the latest inflation report, the rise of tuition at private schools and the EU’s investment in AI. Then they break dow ... Show More
58m 18s
Sep 11
New record closing and intraday highs for US stocks
US equities surged again yesterday, closing off their intraday highs but nevertheless achieving new records. US PPI data confirmed that growth is slowing, providing more of the data that the Fed needs to start cutting rates again – markets will now scrutinise today’s CPI data for ... Show More
15m 27s
Sep 2024
Laser focus on US payrolls data
<p>Global equity markets struggled to find interest in the last 24 hours as traders and investors alike digested more US and European data whilst waiting with baited breath for today’s US non-farm payrolls data. The only area that saw appetite was the tech sector, in particular t ... Show More
16m 48s