Why do some nations flourish while others remain trapped in poverty? This year’s Nobel Prize in Economics goes to three economists whose groundbreaking work explores this question. Join us as we dive into the theories and insights of Daron Acemoglu, Simon Johnson, and James A. Robinson, who have helped shape policy across the globe with their research on eco ... 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
Oct 2024
First Reactions | Daron Acemoglu, prize in economic sciences 2024 | Telephone interview
“There’s nothing natural about 30-, 40-, 50- fold differences in income per capita in a globalised, connected world.” Daron Acemoglu, economic sciences laureate 2024, speaks about the root causes of persistent poverty among the poorest nations and how to build the types of inclus ... Show More
9m 51s
Mar 2025
The Nobel Prize in Economics Exposed
This week's episode of Economic Update features updates on the economic risks and costs Europe faces from deporting or blocking immigrants as compared to Spain's prosperity through a pro-immigrant policy, the work of Michael Burawoy, a Marxist sociology professor at UC Berkeley, ... Show More
31m 22s
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. </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
Jan 2024
Matthew O. Jackson, "The Human Network: How Your Social Position Determines Your Power, Beliefs, and Behaviors" (Vintage, 2019)
Social networks existed and shaped our lives long before Silicon Valley startups made them virtual. For over two decades economist Matthew O. Jackson, a professor at Stanford University, has studied how the shape of networks and our positions within them can affect us. In this in ... Show More
1h 6m
Jan 2024
Matthew O. Jackson, "The Human Network: How Your Social Position Determines Your Power, Beliefs, and Behaviors" (Vintage, 2019)
Social networks existed and shaped our lives long before Silicon Valley startups made them virtual. For over two decades economist Matthew O. Jackson, a professor at Stanford University, has studied how the shape of networks and our positions within them can affect us. In this in ... Show More
1h 6m
Jul 2025
Simon Johnson: Nobel Prize Conversations
"With the great power to invent technology comes a great responsibility." – In this lively and energetic podcast conversation, economic sciences laureate Simon Johnson talks about how the past, future and present are interconnected, as well as how science fiction and history are ... Show More
36m 8s