Trumponomics

Latest Episodes:

Why China Wants Sway Over Vanuatu May 10, 2018

Show notes

Listeners are probably familiar with China's economic and strategic ambitions in the South China Sea. But have you heard about what China is up to in Vanuatu? (Hint: It's not the beaches.) China is pouring money into this South Pacific nation by investing in local infrastructure projects. That's got the region's traditional powers, the U.S. and Australia, breaking out in a sweat, and it’s raising eyebrows in France, a colonial power. Jonathan Pryke of the Lowy Institute explains to Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg Opinion what’s at stake.

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Bonus: The Pay Check, a New Podcast May 09, 2018

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It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men? In the US, the average woman makes 80 cents to every dollar a man makes. Launching May 9, the Pay Check is an in-depth investigation into what that 20 percent difference looks like. In this miniseries we'll show you how the gender pay gap plays out in real life. We'll hear from Lily Ledbetter, Mo’Nique, and a lot of other women who weren’t happy to be paid less. We'll find out what happens when a whole country tries to tackle the pay gap. And we'll talk to some women who are taking things into their own hands.

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Everybody Gets a Job! May 03, 2018

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The U.S. unemployment rate may be at the lowest level since 2000, but some economists want the federal government to go further and guarantee a job for every American. Several potential Democratic presidential candidates support the idea, but the plan faces plenty of hurdles, from how to pay for it to how it would actually get up and running. Economics professor L. Randall Wray, one of the plan's principal authors, and Evercore ISI analyst Ernie Tedeschi discuss the issue with Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg Opinion.

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How Artificial Intelligence is Taking Over the Economy Apr 26, 2018

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From self-driving cars to robot-powered factories, artificial intelligence is taking over significant pieces of the global economy. But while this is good news for the businesses incorporating robots into their workplaces, it also means more and more people will lose their jobs to computers. Joshua Gans, co-author of the recent book "Prediction Machines: The Simple Economics of Artificial Intelligence," explains to hosts Scott Lanman and Christopher Condon what this shift means for the economy, and how it will also impact issues like inequality, monopolies and geopolitical competition.

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How Water Will Determine the Global Economy's Winners and Losers Apr 19, 2018

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For years, oil was the major determinant of which countries rose to -- and lost -- power in the global economy. Today, that commodity increasingly is water. This week on Benchmark, we hear about the water crisis in Cape Town, where authorities are warning they may need to turn off the taps, from local Bloomberg editor Robert Brand. Then, we take a journey through global water issues with Helen Mountford of the World Resources Institute. They speak with Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg View.

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Does This Crazy Stock Market Mean Trouble for the U.S. Economy? Apr 12, 2018

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It's been a wild ride for investors in the U.S. stock market these past couple months. Yet for all the chaos on Wall Street, Main Street seems to be doing fine. So are equities signaling trouble for the economy, or will this storm blow over? Jim Paulsen, a veteran market strategist with a doctorate in economics, gives his take to Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg View.

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Why Populism Isn't All About Economics Apr 05, 2018

Show notes

What if it's not the economy, stupid? The Great Recession and the long, moderate expansion that's followed gets blamed for a lot of political upheaval. But, William Galston of the Brookings Institution says that's a misreading. The former adviser to President Bill Clinton tells Bloomberg News' Jeanna Smialek and Bloomberg View's Daniel Moss that the populist wave moving across the world is also born out of anxiety about immigration.

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Who's Running China's Economy Now? Mar 29, 2018

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You've heard about Xi Jinping now becoming China's leader for life. But did you know about his new economic team? They are the ones who could help direct -- or deflect -- a possible trade war between the U.S. and China. China economy expert Nicholas Lardy gives the lowdown on these men to Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg View.

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How The Uber Economy Helps Riders At The Expense Of Drivers Mar 22, 2018

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It may be hard to remember, but not too long ago, hailing a taxi in many cities was often a hassle. Ever since companies like Uber and Lyft entered the world, it's become a lot easier for consumers to catch a ride -- and a lot tougher for drivers to make a living. Henry Farber, a Princeton University economist, joins Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg View to explain the dynamics of this industry -- and how it may be upended once again by driverless cars.

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What's Behind the Great Trade Skirmish Mar 15, 2018

Show notes

Donald Trump's tariffs on steel and aluminum don't add up to a trade war. It's more like a frontier skirmish. But, what would a real conflict look like? Who would win and who would lose? Shannon O'Neil of the Council on Foreign Relations joins Scott Lanman of Bloomberg News and Daniel Moss of Bloomberg View to explore these questions, and what tariffs might mean for you.

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