The Economics Show

Latest Episodes:

What happens when manufacturing goes away? With Amy Goldstein Jul 29, 2024

Show notes

The GM plant in Janesville, Wisconsin, closed during the financial crisis in 2008, ending decades of production – and 3,000 steady, highly paid jobs. Journalist Amy Goldstein wrote about the town as the plant’s workers hurried to make new lives. Her book, ‘Janesville: An American Story’, won the Financial Times and McKinsey Book of the Year in 2017. This summer, Goldstein returned to town for the FT, and now joins Soumaya Keynes to talk about what Janesville lost and what it has gained in the years following the closing of the plant.

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.

What does the US get wrong about China? With Adam Posen Jul 22, 2024

Show notes

NOTE: This podcast was recorded before Joe Biden announced he was stepping down from the US presidential race

Both the Republicans and Democrats are talking tough on economic competition with China. But is this wise? Today on the show, Adam Posen, president of the Peterson Institute for International Economics, discusses why a hard line on China might not be the best line.

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.

Have we reached the limits of monetary policy? With Hyun Song Shin Jul 15, 2024

Show notes

Hyun Song Shin is the economic adviser and head of research at the Bank for International Settlements, the “bank for central banks,” based in Basel, Switzerland. Today on the show, they talk about the possibilities and final limits of monetary policy. It’s a wide-ranging discussion about the machinery of international finance, covering everything from how much credit central bankers should get for the recent fall in inflation, to what would happen if we returned to a low-rates world.

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.

What’s wrong with economics? With Angus Deaton Jul 08, 2024

Show notes

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 the show, Soumaya discusses what we are getting wrong about everything from inequality to immigration to the role of globalisation in the reduction of poverty.

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.

Does the economy still matter for elections? With John Burn-Murdoch Jul 01, 2024

Show notes

For years, pollsters described elections as referendums on the economy. But recently, voters have started to change how they talk about the economy, and how they vote. Today on the show, data reporter John Burn-Murdoch joins Soumaya to discuss shifts in how voters are thinking, and what that means for democracy.

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.

Does pay transparency work? With Zoe Cullen and Pilita Clark Jun 24, 2024

Show notes

Our guest this week, Zoe Cullen, joins FT columnist Pilita Clark and Soumaya to discuss the benefits and hazards of revealing all about pay. Cullen is an assistant professor at Harvard Business School who has been studying the economics of pay transparency for years. She finds that pay transparency doesn’t necessarily mean more money for everyone . . . but it can! It all depends on what kind of pay transparency you choose.

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.

Are we in for a hard landing? With Olivier Blanchard Jun 17, 2024

Show notes

Olivier Blanchard is the former chief economist of the IMF and a senior fellow at the Peterson Institute for International Economics in Washington. He collaborated with former Fed chair Ben Bernanke to study the responses of 10 central banks to the recent bout of inflation, what we know about its causes, and whether finally getting it back to 2% will require a hard landing. In a wide-ranging chat with Soumaya, he also discusses areas where he has changed his mind, as well as the recent tilt towards the right in France.

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.

Thinking about the global economy with Martin Wolf Jun 10, 2024

Show notes

Today on the show, the FT’s chief economics commentator joins host Soumaya Keynes to discuss why the US is racing ahead of Europe and whether the trend could reverse. They also discuss the outlook for interest rates, China’s future, AI and productivity. Plus, Martin shares his most controversial opinion.

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.

Are we getting inflation right? With Neel Kashkari Jun 03, 2024

Show notes

Today on the show Soumaya Keynes talks about macroeconomic mistakes and the interest rate outlook with Neel Kashkari, president of the Federal Reserve Bank of Minneapolis. FT economics commentator Chris Giles joins them to discuss what the Fed got right and wrong about inflation, and Neel’s journey from dove to hawk.

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

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

Read a transcript of this episode on FT.com

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

The Economics of Parenting, with Emily Oster May 27, 2024

Show notes

Emily Oster is a professor of economics at Brown University, but she is probably best known as the author of the bestsellers 'Expecting Better' and 'Cribsheet', which crunch the research about the often gut-driven practice of parenting. Today on the show we talk about research, process and the many myths about raising children. Oster hosts the ParentData podcast and publishes the weekly ParentData newsletter.

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.