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Fewer clouds, shrinking ice caps, changing pollutants: all result in less of the sun's energy being reflected back into space. Which is more bad news for a changing climate. Our correspondent explains why so much more of the world's cocaine is passing through west Africa. And the data that reveal Americans' discomfort about wives earning more than their husbands.Guests and host:Oliver Morton, planetary-affairs editorỌrẹ Ogunbiyi, Africa correspondentDoug Dowson, data journalistRosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: climate change, albedo, global temperaturesAfrica, cocaine, smugglingwage equality, gender pay gapListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
Fewer clouds, shrinking ice caps, changing pollutants: all result in less of the sun's energy being reflected back into space. Which is more bad news for a changing climate. Our correspondent explains why so much more of the world's cocaine is passing through west Africa. And the data that reveal Americans' discomfort about wives earning more than their husbands.Guests and host:Oliver Morton, planetary-affairs editorỌrẹ Ogunbiyi, Africa correspondentDoug Dowson, data journalistRosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: climate change, albedo, global temperaturesAfrica, cocaine, smugglingwage equality, gender pay gapListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
You know the feeling. The world that once held shape around you — the role, the identity, the thing you built or pursued or believed about yourself — has come apart. And instead of leaning into the chaos and learning what it has to teach you, you've found a more comfortable option. You've constructed a story. A controlled version of events where you're still the hero, where the failure makes sense, where the disruption is somebody else's fault. The snow globe stays intact on the countertop. You shake it and admire the beauty. And you tell yourself the simulation is real. Geoffrey Cain joins me for one of the most unusual and honestly riveting conversations this show has ever produced. Geoffrey is a national columnist and the author of Steve Jobs in Exile, the definitive account of the twelve wilderness years between Jobs's ousting from Apple in 1985 and his legendary return in 1997. What emerged from that research is something that has far less to do with Silicon Valley than it does with the interior architecture of every human being who has ever hit rock bottom and had to decide what to do next. We cover four lessons the wilderness teaches every person who enters it — how it harnesses potential, tests motivation, forces maturity, and compels you to finally confront yourself. We dig into ego death: what it actually is, why the ego is not the enemy it's made out to be, and why the unchecked ego eventually destroys every relationship it touches. We examine the moment Jobs stood at the edge of personal bankruptcy, nearly broken by his own brilliant volatility, and chose — slowly, painfully, imperfectly — to start releasing control and trusting the people around him. And we talk about the universal human tendency to choose fantasy over reality, comfort over confrontation, and the seductive lie that we can trick ourselves into maturity without ever doing the actual work of being transformed. Here is what this conversation will ask of you: it will ask you to look honestly at the place where you are substituting the snow globe for the actual world. It will ask you to name the interior flaw you have been circling and avoiding rather than confronting. It will ask you to consider that the wilderness you are in right now is not a detour from your story but the very place where your story is being written. You can leave this conversation inspired, or you can leave it changed. Those are two very different exits. Guest Bio Geoffrey Cain is an award-winning author and national journalist whose work has appeared in The Wall Street Journal, Time, The Economist, Wired, and The Spectator. His previous books — Samsung Rising and The Perfect Police State — established him as one of the most rigorous and compelling chroniclers of technology, power, and human behavior writing today. His newest book, Steve Jobs in Exile, draws on previously unpublished documents, unbroadcast footage, and new interviews with Jobs's closest colleagues to tell the definitive story of the twelve years that transformed a volatile, brilliant young founder into one of the most consequential leaders in modern history. Geoffrey writes the Substack newsletter The Burner Files and is a managing partner at Alembic Partners. Show Partner SafeSleeve designs a phone case that blocks up to 99% of harmful EMF radiation—so I'm not carrying that kind of exposure next to my body all day. It's sleek, durable, and most importantly, lab-tested by third parties. The results aren't hidden—they're published right on their site. And that matters because many so-called EMF blockers on the market either don't work or can't prove they do. We protect our hearts and minds—why wouldn't we protect our bodies too? Head to safesleevecases.com and use the code WINTODAY10 for 10% off your order. Episode Links Show Notes Buy my book "Healing What You Can't Erase" here! Invite me to speak at your church or event. Connect with me @WINTODAYChris on Instagram, Facebook, Twitter, and YouTube.
President Donald Trump's claim that Hamas had agreed to disarm in Gaza was, at best, premature. We examine the sticking points of a lasting deal. New-business applications are on a tear in America. We ask why so many people are working for themselves—but not doing much hiring. And the enduring popularity of radio in Africa, aided rather than degraded by social media. Guests and host:Anshel Pfeffer, Israel correspondentShera Avi-Yonah, business correspondentWilliam Finlator, contributor to The EconomistJason Palmer, co-host of “The Intelligence”Topics covered: Gaza, Hamas, Israel, Board of PeaceAmerican business, entrepreneurshipAfrica, media, radioListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
President Donald Trump's claim that Hamas had agreed to disarm in Gaza was, at best, premature. We examine the sticking points of a lasting deal. New-business applications are on a tear in America. We ask why so many people are working for themselves—but not doing much hiring. And the enduring popularity of radio in Africa, aided rather than degraded by social media. Guests and host:Anshel Pfeffer, Israel correspondentShera Avi-Yonah, business correspondentWilliam Finlator, contributor to The EconomistJason Palmer, co-host of “The Intelligence”Topics covered: Gaza, Hamas, Israel, Board of PeaceAmerican business, entrepreneurshipAfrica, media, radioListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
Sophie Elmhirst is the author of the bestselling book A Marriage at Sea, now available in trade paperback from Riverhead Books. Elmhirst is an award-winning journalist who writes regularly for The Guardian Long Read and The Economist; her work has also appeared in The New York Times Magazine, The New Yorker, and Harper's Bazaar, among other places. She's the winner of the British Press Award for Feature Writer of the Year and a Foreign Press Award. She lives in London and A Marriage at Sea is her first book. *** Today's episode is brought to you by Rula. Thousands of people are already using Rula to get affordable, high-quality therapy that's actually covered by insurance. Visit www.rula.com/otherppl to get started. *** Otherppl with Brad Listi is a weekly podcast featuring in-depth interviews with today's leading writers. Available where podcasts are available: Apple Podcasts, Spotify, YouTube, etc. Get How to Write a Novel, the debut audio course from DeepDive. 50+ hours of never-before-heard insight, inspiration, and instruction from dozens of today's most celebrated contemporary authors. Subscribe to Brad's email newsletter. Support the show on Patreon Merch Instagram TikTok Bluesky Email the show: letters [at] otherppl [dot] com The podcast is a proud affiliate partner of Bookshop, working to support local, independent bookstores. Learn more about your ad choices. Visit megaphone.fm/adchoices
The deadly rush of migrants into the Spanish exclave has deep roots in a wider North African conflict—and implications for a far wider European fight about immigration. Our India columnist presents an incomplete list of falling objects as a way to examine public-safety failures. And a data dive that reveals how AI writing is forever shifting.Guests and host:Michael Reid, Spain correspondent and writer at largeLeo Mirani, Ashoka columnistCaitlin Talbot, digital culture correspondentJason Palmer, co-host of “The Intelligence”Topics covered: Ceuta, migration, Spain, EU, SchengenIndia, public safetyAI writing, waning human primacyListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
The deadly rush of migrants into the Spanish exclave has deep roots in a wider North African conflict—and implications for a far wider European fight about immigration. Our India columnist presents an incomplete list of falling objects as a way to examine public-safety failures. And a data dive that reveals how AI writing is forever shifting.Guests and host:Michael Reid, Spain correspondent and writer at largeLeo Mirani, Ashoka columnistCaitlin Talbot, digital culture correspondentJason Palmer, co-host of “The Intelligence”Topics covered: Ceuta, migration, Spain, EU, SchengenIndia, public safetyAI writing, waning human primacyListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
The How of Business - How to start, run & grow a small business.
Why work expands to fill the time available, and how small business owners can use deadlines, time blocking, and clear outcomes to get more done in less time. Show Notes Page: https://www.thehowofbusiness.com/616-parkinsons-law-for-small-business/ Have you ever noticed that a task you expected to finish in a day somehow ends up taking all week? Parkinson's Law explains why and understanding it can help small business owners reclaim their most limited resource: their time. Parkinson's Law is the principle that work expands so as to fill the time available for its completion. Give yourself an entire day to complete an administrative task and it will often consume the entire day. Give your team two weeks to finish a project and much of the meaningful work tends to happen in the final two days. For small business owners, this helps explain why we feel constantly busy, why meetings and projects drag on, and why there never seems to be enough time for the high-value work that actually grows the business. In this episode of The How of Business, Henry Lopez explores how understanding Parkinson's Law can help you and your team make faster progress and use your limited time more effectively without simply working longer hours. The concept was introduced by British historian and author C. Northcote Parkinson in a 1955 essay in The Economist. His observation was simple: when more time is available, work tends to become more complicated and consume all the time available. It's a bit like a bigger house that we fill with more stuff. The more time we have, the more we tend to fill it. Give yourself an hour to write an email and you may spend the full hour refining it; give yourself fifteen minutes and you'll likely communicate the same message just as well. Henry, a self-described perfectionist, is candid about how this applies to his own work, where the pursuit of perfection often produces diminishing returns. The first 80% of a result might take two hours, while chasing perfection can consume six more without making it materially more valuable to the customer. When work continually expands, the consequences add up: higher labor costs, slower execution, delayed revenue, missed opportunities, decision fatigue, too much owner involvement, and less time for planning and growth. Henry also raises a hard question worth sitting with: does your business culture reward activity instead of results? The heart of the episode is a set of eight practical tactics for putting reasonable constraints around your work, plus five questions you can ask to right-size any recurring task or project. As Henry puts it, "Don't just ask how much time do we have. Instead, ask how much time should this result require?" This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
SPONSORS: - Nobody likes a call center — ElevenAgents by ElevenLabs fixes that with voice AI that sounds human and works 24/7 in 30+ languages. Try it: elevenlabs.io/TOE - I personally subscribe to The Economist. TOE listeners get 35% off the annual subscription. No other podcast has this! https://economist.com/TOE This podcast explores the uncanny link between two of the twentieth century's great visionary works. Becca Tarnas, assistant professor at the California Institute of Integral Studies, joins to discuss her doctoral research into the parallels between Carl Jung's Red Book and J.R.R. Tolkien's lesser-known visionary writings. The central claim: working independently, both men produced strikingly similar imagery, timing, and figures — Jung's Philemon and Tolkien's Gandalf, the Eye of the Evil One and the Eye of Sauron — while each insisted their material felt discovered rather than invented. From there the conversation moves through active imagination, the reality of archetypes, psyche versus mind, and the line between mystical insight and psychosis — a wide-ranging look at where imagination ends and reality begins. FOLLOW: - Spotify: https://open.spotify.com/show/4gL14b92xAErofYQA7bU4e - Substack: https://curtjaimungal.substack.com/subscribe - Twitter: https://twitter.com/TOEwithCurt - Discord Invite: https://discord.com/invite/kBcnfNVwqs - Crypto: https://nowpayments.io/donation/TOE - PayPal: https://www.paypal.com/donate?hosted_button_id=XUBHNMFXUX5S4 TIMESTAMPS: - 00:00:00 - Jung and Tolkien's Red Books - 00:05:42 - Archetypal Rhymes and Parallels - 00:11:26 - Defining the Imaginal Realm - 00:16:38 - Active Imagination vs. Dreaming - 00:22:00 - Active Imagination Protocol - 00:27:00 - Psyche's Spontaneous Expression - 00:33:57 - Ontology of Imaginal Figures - 00:39:03 - Psychologizing vs. Mythologizing - 00:45:57 - Planetary Archetypes Experience - 00:51:34 - Perceiving Universal Beauty - 00:58:23 - Universal vs. Objective Reality - 01:04:00 - Psychosis vs. Gnosis - 01:09:00 - Grounding the Visionary - 01:15:00 - Symbolic Language of Madness - 01:21:00 - Unearned Wisdom and Psychedelics - 01:26:30 - Motherhood as Expanded State - 01:33:57 - Meaning in Disconnection - 01:40:56 - Intuition in Science - 01:46:55 - Leonardo's Light and Shade LINKS MENTIONED: - Journey To The Imaginal Realm [Book]: https://amazon.com/dp/1947544217?tag=toe08-20 - Participatory Imagination [Lecture]: https://beccatarnas.com/2020/08/28/jungs-participatory-imagination/ - Becca's PhD Defense: https://youtu.be/3soOYajHUBM - The Red Book [Book]: https://amazon.com/dp/0393089088?tag=toe08-20 - The Holy Grail Of The Unconscious [Article]: https://www.nytimes.com/2009/09/20/magazine/20jung-t.html - Active Imagination: https://jungiancenter.org/jung-on-active-imagination-features-methods-and-warnings/ - Jung On Active Imagination [Book]: https://amazon.com/dp/0691015767?tag=toe08-20 - Richard Tarnas's Website: https://cosmosandpsyche.com/ - The Passion Of The Western Mind [Book]: https://amazon.com/dp/0345368096?tag=toe08-20 - Psychological Types [Book]: https://amazon.com/dp/1614279705?tag=toe08-20 - The Fellowship Of The Ring [Book]: https://amazon.com/dp/0547928211?tag=toe08-20 - Kant's 'Categories': https://plato.stanford.edu/entries/kant/ - The Imaginary And The Imaginal [Paper]: http://www.bahaistudies.net/asma/mundus_imaginalis.pdf - Toni Wolff: https://en.wikipedia.org/wiki/Toni_Wolff - The Call Of Cthulhu [Book]: https://www.hplovecraft.com/writings/texts/fiction/cc.aspx - The Shadow: https://iaap.org/jung-analytical-psychology/short-articles-on-analytical-psychology/the-shadow/ - BBC Interviews Curt: https://www.bbc.com/audio/play/m002s4hd - Andres Emilsson [TOE]: https://youtu.be/gi08eVU_-f8 - Leo Gura [TOE]: https://youtu.be/R-w8k4smC74 - Iain McGilchrist [TOE]: https://youtu.be/Q9sBKCd2HD0 - Greg Kondrak [TOE]: https://youtu.be/FFW14zSYiFY - John Vervaeke [TOE]: https://youtu.be/3p8o3-7mvQc - Bernardo Kastrup & Susan Blackmore [TOE]: https://youtu.be/jrVnAWP2XEs - Consciousness Iceberg [TOE]: https://youtu.be/65yjqIDghEk Guests do not pay to appear. #science Learn more about your ad choices. Visit megaphone.fm/adchoices
Scientists have just discovered enormous deposits of gold, diamonds, copper, or the rare earth minerals that are in smartphones and electric cars beneath your country. Is this good news? Not necessarily. You might think that becoming “resource rich” is a great way for a country to become prosperous, but this not always the case. Some of the world's most resource-rich countries have struggled with corruption, dictatorship, economic instability, civil war, and widespread poverty. Instead of becoming wealthy, they have become trapped in a cycle of dependence and political turmoil.Economists have a name for this paradox: the Resource Curse. At the same time, countries with few natural resources, places like Japan, Singapore, and South Korea, have become some of the richest and most developed economies in the world. Today, we're going to explore the resource curse. We'll discuss why having valuable natural resources can sometimes become a disadvantage and look at some of the world's best-known examples. And we'll do this while practicing your English listening comprehension and learning some new vocabulary! Conversation Club - https://thinkinginenglish.blog/patreon/conversation-clubs/ TRANSCRIPT - https://thinkinginenglish.blog/2026/08/03/399-what-is-the-resource-curse-why-some-of-the-worlds-richest-countries-stay-poor-english-vocabulary-lesson/ AD Free Episode - https://www.patreon.com/thinkinginenglish Patreon - https://www.patreon.com/thinkinginenglish YouTube Channel - https://www.youtube.com/@thinkinginenglishpodcast INSTAGRAM - https://www.instagram.com/thinkinginenglishpodcast/) $10 Free Credits on iTalki (Affiliate Link) - https://www.italki.com/affshare?ref=af17506448 My Editing Software (50 % Discount Affiliate Link) - https://descript.cello.so/BgOK9XOfQdD Borough by Blue Dot Sessions Contact advertising@airwavemedia.com to advertise on Thinking in English. Thinking in English is part of the Airwave Media podcast network. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this week's Autopsy we react to an interview the Economist published with Elon Musk, conducted by Editor-in-Chief Zanny Minton Beddoes. We focus on the section where Musk talks about artificial intelligence, because it contains three logical steps in quick succession, none of which hold up to even basic scrutiny.The tragedy is not Musk himself. It is that a man whose reasoning on these questions is this visibly incoherent is one of the most influential voices shaping how AI develops, and that so many people still take him seriously.This podcast is an individual project between us, Dario Hasenstab and Balder Hageraats. We are supported by our producer Stefani Obradovic from Western Bubble Insights & Strategy. If you would like to get in touch with us, write us an email at thewesternbubble@gmail.com.
The richest man in the world, Elon Musk, just told The Economist that money won't matter a decade from now. Not that it'll look different, but that it won't matter. And he laid out the mechanism: AI and robots producing more goods and services than humans can possibly consume, governments simply issuing money to people, and deflation instead of inflation because output grows faster than the money supply. In this episode, Karl Eggerss takes the argument seriously rather than dismissing it. Also, he finds that part of it is textbook-correct and part of it falls apart the moment you push on it. What we get into: Why technology really is deflationary, and the history that proves it The one thing robots can't manufacture — and why it breaks the whole prediction Baumol's cost disease, explained with a string quartet Why abundance is a production question and universal income is a distribution question What Keynes got right in 1930, and what he got completely wrong Five practical adjustments for planning in a split-price economy The most likely version of the next decade isn't "money stops mattering." It's that ordinary goods keep getting cheaper while the scarce things like land, care, healthcare, time keep getting more expensive. That distinction changes how you plan.
The word “intelligence” is a loaded word. Here's what Elon Musk said to the Economist last week: “I think AI may exceed the sum of human intelligence in around five years. There really won't be anything that AI can't do better than humans, apart from being human, perhaps.” Well “being human” is what intelligence is all about. So I read up on how Aristotle, Descartes, Kant, James, and many of the eastern philosophers define the term. And what you find is that deep thinkers define intelligence far beyond the ability to recall and use facts, but focus heavily on judgement, problem solving, and dealing with uncertainties in life. So after thinking about this for a few years, I decided to posit my ideas, and also reflect on the intelligence of trees, as described in “The Hidden Life of Trees.” What I came up with is four parts to this puzzling idea: horsepower, information, judgement, and wisdom. And as you'll hear, we all have various levels of intelligence in each area, and AI may lack quite a bit. As we all grapple with the exaggerated claims from AI engineers and the real use of these tools, I hope this discussion gives you some perspective, and also calms your fears that AI is going to steal your job. Our new book, Superpowered, is coming out in November, so sign up for early preview – it's all about how AI Superpowers us all, in our work, careers, businesses, and life. Additional Information The Hidden Life of Trees: What They Feel, How They Communicate—Discoveries from A Secret World The full-length interview with Elon Musk | The Economist Are Frontier Models Becoming A Commodity? Galileo: The AI Superintelligence for HR Chapters (00:00:00) - What is Intelligence?(00:10:02) - Does an AI Have Enough Intelligence to Plan?
Après l'incident OpenAI-Hugging Face, trente cinq entreprises de tech appelle à une IA plus ouverte • Plus de 1.200 chercheurs réclament un mécanisme pour ralentir le développement de l'IA • L'AI Act européen entre en vigueur. • Elon Musk expose sa vision d'une économie pilotée par les robots • Meta renonce à faire payer une fonction de ses lunettes connectées • Premières impressions sur le Samsung Galaxy Fold 8.Avec Bruno Guglielminetti (Mon Carnet).===============Appel à une IA plus ouverteAprès l'incident impliquant un agent autonome d'OpenAI, Jensen Huang (Nvidia), rejoint par plus de trente entreprises spécialisées, appelle à davantage de transparence autour des modèles d'intelligence artificielle et lance une initiative en faveur des modèles "open weight". Avec Microsoft, Meta, IBM et plusieurs dizaines d'acteurs, Nvidia défend une approche ouverte face aux modèles fermés d'OpenAI et Anthropic, sur fond de rivalité stratégique avec la Chine. Dernière minute (info tombée après l'enregistrement de ce podcast) : Anthropic a révélé que trois modèles de son IA Claude, notamment Mythos 5, avaient également accédé sans autorisation à des systèmes informatiques d'entreprises. Les chercheurs demandent un frein d'urgencePlus de 1.200 chercheurs, ingénieurs et dirigeants issus notamment d'OpenAI, Anthropic, Google DeepMind et Meta réclament la mise en place d'un mécanisme permettant de ralentir le développement des modèles les plus puissants si leur évolution devenait incontrôlable. Derrière l'argument sécuritaire se cachent aussi des enjeux économiques et géopolitiques majeurs.Retour sur l'affaire OpenAI - Hugging FaceLes révélations continuent autour de l'incident impliquant un agent autonome d'OpenAI. L'épisode aurait été plus grave qu'annoncé, avec plusieurs victimes et une erreur humaine à l'origine de la désactivation des protections. Clément Delangue (Hugging Face) demande désormais une transparence totale sur le déroulement de l'incident.Mythos découvre des failles critiquesLe modèle Mythos continue d'inquiéter après la découverte de vulnérabilités inédites touchant des briques fondamentales de la sécurité informatique, notamment des mécanismes cryptographiques. Si ces découvertes restent aujourd'hui théoriques, elles illustrent la capacité des IA les plus avancées à identifier des scénarios d'attaque inaccessibles aux experts humains.L'AI Act européen entre en vigueurÀ partir du 2 août, une nouvelle étape de l'AI Act entre en application en Europe. Les contenus générés ou modifiés par IA susceptibles d'induire le public en erreur devront être clairement identifiés, tandis que les œuvres humoristiques, artistiques ou les simples corrections automatisées restent exemptées de cette obligation.Les milliardaires arrivent sur XLa semaine a été marquée par les débuts de Jensen Huang (Nvidia) et Bernard Arnault (LVMH) sur X. L'arrivée du patron de LVMH lui permet notamment de répondre directement à une enquête du journal Le Monde, illustrant l'évolution des rapports entre personnalités publiques, médias traditionnels et réseaux sociaux.Elon Musk imagine un monde d'abondanceDans une longue interview accordée à The Economist, Elon Musk (xAI, Tesla, SpaceX) défend sa vision d'une économie presque entièrement automatisée où les robots produiraient l'ensemble des biens et services. Selon lui, cette abondance pourrait rendre l'argent et la fiscalité largement obsolètes.Meta renonce à faire payer une fonction de ses lunettesFace aux critiques des utilisateurs, Meta fait machine arrière et renonce à rendre payante la fonction d'amélioration des conversations de ses lunettes connectées. Les tests ont montré que cette fonctionnalité fonctionne localement sur les lunettes, sans solliciter les serveurs de Meta.Prise en main du Samsung Galaxy Fold 8Bruno partage ses premières impressions sur le nouveau smartphone pliant de Samsung. Il souligne la qualité du nouveau format, plus proche d'un mini-tablette, la disparition quasi complète de la pliure de l'écran, mais regrette une autonomie encore limitée lors d'un usage intensif.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.
Molly McKew (writer and lecturer on Russian influence and information warfare) joins host Ron Steslow to examine how Ukraine's widening reach is bringing the war home to Russia and what a defeated Russia could become. They begin with the war's new geography: strikes that have idled a quarter of Russia's refining capacity, and drones now reaching the Caspian corridor between Russia and Iran. Next, they trace Ukraine's rise from scrappy insurgent to serious power, erasing Russian sanctuary and moving to the center of Europe's security future. Then they examine The Economist's profile of oligarch Andrey Melnichenko, who warns against breaking Russian sovereignty and sketches four dangerous futures for a defeated Russia. Finally, they confront what holding Russia responsible would truly require. In Politicology+, they take stock of Sen. Lindsey Graham's death and what his absence means for the Republican Party's fading support for Ukraine. POLITICOLOGY+ Not yet a Politicology+ member? Don't miss all the extra episodes on the private, ad-free version of this podcast. Upgrade now at politicology.com/plus. Check out Great Power: https://www.greatpower.us/ Read The Economist's coverage of Andrey Melnichenko: https://bit.ly/4x5YvDk SPONSORS & PROMO CODES: https://bit.ly/44uAGZ8 Send your questions and ideas to podcast@politicology.com Ron Steslow on X: https://x.com/RonSteslow Molly McKew on X: https://x.com/MollyMcKew Learn more about your ad choices. Visit megaphone.fm/adchoices
From impasse in Iran to still-unresolved conflicts in Gaza and Lebanon, a trend is clear: President Donald Trump's scant, early plans for peace do not actually forge a path to it. Our correspondent says that in the driverless-car future, it will often be Chinese AI behind the wheel. And remembering Wally Funk, who never relinquished her ambition to become an astronaut. Watch extended clips from Insider, plus our full Elon Musk interview, here Guests and host:Gregg Carlstrom, Middle East correspondentDon Weinland, China business and finance editorAnn Wroe, obituaries editorJason Palmer, co-host of “The Intelligence”Topics covered: Iran war, Strait of Hormuz, diplomacyChina, AI, driverless carsWally Funk, astronautsListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
From impasse in Iran to still-unresolved conflicts in Gaza and Lebanon, a trend is clear: President Donald Trump's scant, early plans for peace do not actually forge a path to it. Our correspondent says that in the driverless-car future, it will often be Chinese AI behind the wheel. And remembering Wally Funk, who never relinquished her ambition to become an astronaut. Watch extended clips from Insider, plus our full Elon Musk interview, here Guests and host:Gregg Carlstrom, Middle East correspondentDon Weinland, China business and finance editorAnn Wroe, obituaries editorJason Palmer, co-host of “The Intelligence”Topics covered: Iran war, Strait of Hormuz, diplomacyChina, AI, driverless carsWally Funk, astronautsListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
Corporate AI spending continues to skyrocket, leaving workers across America wondering if the technology is coming for their jobs. Economist and London Business School Lecturer Rebecca Homkes joins FBN's Lydia Hu to break down AI adoption across the country—and what this tech boom means for the average employee. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Comme toujours, la première partie de notre émission sera une discussion sur l'actualité. Nous commencerons par parler des nouvelles sanctions de l'UE contre la Russie. Cette fois-ci, leur objectif est différent : elles ne concernent pas seulement la guerre en Ukraine, mais aussi la sécurité à long terme en Europe. Notre discussion portera ensuite sur un article publié dans The Economist au sujet des lois brésiliennes contre les discours racistes, qui sont les plus strictes au monde. Les auteurs se demandent si elles peuvent permettent de résoudre les profondes inégalités sociales. Notre section scientifique sera consacrée à une étude qui montre qu'une espérance de vie plus longue n'est pas synonyme d'une vie en meilleure santé. Bien que l'espérance de vie mondiale soit passée à 73,8 ans, il a été établi que les gens sont en mauvaise santé durant une grande partie de ce temps supplémentaire. Et nous conclurons la première partie de l'émission par une discussion sur Michelin, réputé pour ses classements de restaurants, qui vient de lancer son premier guide des domaines viticoles. Comme on pouvait s'y attendre, cette initiative n'a pas manqué de faire débat. Le reste de l'émission d'aujourd'hui sera consacré à la langue et à la culture françaises. Notre point de grammaire de la semaine portera sur : Les verbes se conjuguant comme « voir » et les verbes particuliers : aller, avoir, bouillir, coudre, croire, devoir, être, plaire, pouvoir, savoir et vouloir. Nous nous intéresserons au milliardaire Bernard Arnault, qui s'est défendu après une série d'articles écrits par le journal Le Monde. Son empire serait-il menacé ? Et nous terminerons par l'expression de la semaine : « À tire-larigot ». Un nouveau vol d'une pièce rare dans un musée français ravive les inquiétudes concernant la sécurité des œuvres d'art. Comment mieux les protéger ? - De nouvelles sanctions sont prises contre la Russie pour favoriser la sécurité de l'Europe - Les lois brésiliennes strictes contre les propos racistes permettent-elles de résoudre les profondes inégalités sociales ? - Une étude révèle qu'une vie plus longue n'est pas synonyme d'une vie en meilleure santé - Michelin provoque une polémique en étendant son guide gastronomique aux domaines viticoles - Bernard Arnault se défend après une série d'articles du Monde sur son empire - Un nouveau vol relance l'inquiétude sur la sécurité des musées français
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Corporate AI spending continues to skyrocket, leaving workers across America wondering if the technology is coming for their jobs. Economist and London Business School Lecturer Rebecca Homkes joins FBN's Lydia Hu to break down AI adoption across the country—and what this tech boom means for the average employee. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Imagine yourself chomping on a chocolate bar, watching an epic film, while wearing a neon fur jacket. That might be exactly what you're doing after you hear this week's episode. As always, please send your ideas to our instagram @makingthecutpodcast.The Odyssey - https://www.imdb.com/title/tt33764258/Salt. - https://www.amazon.co.uk/salt-nayyirah-waheed/dp/1492238287The Economist - https://www.economist.com/Tim Minchin - I'll Take Lonely Tonight - https://www.youtube.com/watch?v=cVHbqNPQnG4Big Daddy Pistachio - https://www.marksandspencer.com/food/the-big-daddy-pistachio/p/fdp60744612Acid Banana - https://www.acidbanana.co.uk/Kimmy Beatbox - https://www.instagram.com/kimmybeatbox/?hl=enLove Supreme - https://lovesupremefestival.com/Shoop Drop London - https://shoopdooplondon.com/Boys Get Sad Too - https://boysgetsadtoo.com/ Hosted on Acast. See acast.com/privacy for more information.
In episode 2100, Jack and Miles are joined by comedian and co-host of Action Boyz, Jon Gabrus, to discuss… Trump Administration Confused By Own Propaganda, Why Do People Have Such A Hard Time Accepting That They F**king Suck And Everyone Hates Them? Macaulay Culkin Pitched A Seventh Home Alone Movie To Disney and more! Maria Bartiromo: "I Don't Understand How It Is Possible Iran Still Has The Capability To Fight This Way" If U.S. "Obliterated" Their Military The Economist to Elon: Some people do loathe you. Do you understand why? Elon completely contradicts himself at the end of his disastrous interview with The Economist 90s Superstar Pitches Reboot of Iconic Movie Franchise‘SALIVATING’ 7 Times Home Sweet Home Alone Paid Homage to the Original Home Alone Macaulay Culkin Open to ‘Home Alone’ Sequel and Shares Idea: Kevin McCallister Faces Off Against His Son to Get Into Their Locked House LISTEN: Tea Vendor On the Street by OnraSee omnystudio.com/listener for privacy information.
A dive into the data reveals that, despite dire past predictions, the prevalence of dementia is actually waning. We take a look at Pix, a beloved Brazilian digital-payments system, and why it so bothers President Donald Trump. And we attend one of the concerts that reveals how the appeal of emo music is holding strong across generations. Guests and host:Jonathan Rosenthal, international correspondentCarla Subirana, news editorSarah Lawrynuik, deputy editor of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: dementia, global health statistics, ageingBrazil, Pix, payment systems, Donald Trumpemo music, My Chemical RomanceListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
A dive into the data reveals that, despite dire past predictions, the prevalence of dementia is actually waning. We take a look at Pix, a beloved Brazilian digital-payments system, and why it so bothers President Donald Trump. And we attend one of the concerts that reveals how the appeal of emo music is holding strong across generations. Guests and host:Jonathan Rosenthal, international correspondentCarla Subirana, news editorSarah Lawrynuik, deputy editor of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: dementia, global health statistics, ageingBrazil, Pix, payment systems, Donald Trumpemo music, My Chemical RomanceListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
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Dedicaremos la primera parte del programa a discutir la actualidad. El primer tema de conversación serán las nuevas sanciones de la UE contra Rusia. Esta vez, el objetivo de las sanciones es diferente, y tiene relación no solo con la guerra de Ucrania, sino también con la seguridad europea a largo plazo. La segunda conversación tratará sobre un artículo publicado en The Economist. Los autores discuten las leyes contra el discurso racista de Brasil, las más estrictas del mundo, y se preguntan si están resolviendo profundas desigualdades sociales. El segmento de ciencia lo dedicaremos a un estudio que indica que una vida más larga no necesariamente significa una vida más saludable. El estudio ha descubierto que, aunque la esperanza de vida global se ha disparado hasta los 73,8 años de edad, gran parte del tiempo adicional de vida se pasa en un mal estado de salud. Y concluiremos la primera parte del programa con una discusión sobre Michelin, conocida por sus evaluaciones de restaurantes, que ha lanzado ahora su primera guía de bodegas. Como se esperaba, la decisión no estuvo exenta de polémica. El resto del episodio de hoy lo dedicaremos a la lengua y la cultura españolas. La primera conversación incluirá ejemplos del tema de gramática de la semana, Imperative Mood - Part IV (Negative). En esta conversación hablaremos de un nuevo proyecto de ley para endurecer la normativa sobre el tabaco en España. Entre otras medidas, esta ley ampliará las zonas prohibidas para fumar, como las terrazas de bares y restaurantes. Aunque esta medida busca proteger a los jóvenes del mal hábito del tabaco, no todo el mundo está de acuerdo con este proyecto de ley. De nuevo, algunos ciudadanos apuntan a la libertad individual y la economía para rechazarla. Y, en nuestra última conversación, aprenderemos a usar una nueva expresión española, Ser otro cantar. Hablaremos de los nuevos votantes españoles, ciudadanos de edades entre 18 y 20 años, y la política. Parece ser que un porcentaje alto de jóvenes varones españoles es partidario de la ultraderecha. Sin embargo, no hay tantas mujeres de esta misma franja de edad que prefieran partidos de ultraderecha. Analizaremos las causas de este giro a la derecha en los jóvenes votantes y discutiremos los motivos de esta brecha generacional. Las nuevas sanciones de Europa contra Rusia persiguen la seguridad europea ¿Están resolviendo profundas desigualdades sociales las estrictas leyes contra el discurso racista de Brasil? Un estudio descubre que una vida más larga no significa una vida más saludable Michelin genera polémica al ampliar su guía de restaurantes e incluir también fincas vitivinícolas Prohibición de fumar en cualquier espacio público Los nuevos votantes españoles y la política
*Note: This episode was recorded before news broke of Situational Awareness' unwind, which gives us much better insight into the pace and magnitude of the move in the Korean markets specifically.* Chips, China, and credit. The three forces tearing through the AI trade right now, and we called it last week. In this episode we break down why the bond market cracked first, what widening credit spreads on Nvidia, Meta, and Oracle are actually telling you about default risk, and why the Nasdaq is bleeding while the S&P barely flinches. We walk through Alphabet's first negative free cash flow after twenty years of printing money, the CapEx numbers that keep getting revised upward, and the moment the market stopped rewarding spending and started punishing it. If you have ever wondered how to read a credit spread, we show you the math live. Then we get into the China story that moved markets this week. CXMT went public in the largest mainland Chinese semiconductor IPO on record, oversubscribed 212 times, and the Korean stock exchange took the hit because the KOSPI is essentially a memory-chip index wearing a trench coat. We explain why memory matters in an AI data center, why Samsung, SK Hynix, and Micron controlling 90 percent of the market was the whole moat, and what reports of domestically produced DUV lithography machines would mean for US export controls. We also unpack Nvidia guaranteeing borrowing for a 10-gigawatt OpenAI data center in Ohio, and whether circular financing between chipmakers and model labs is clever structuring or an accounting Ouroboros. Finally, the philosophical hangover. We react to Elon Musk's Economist interview and his claim that money stops mattering within a decade, pressure-test his deflationary argument against MV equals PQ, and ask why every science fiction author who ever imagined artificial superintelligence wrote a horror story. Plus Anthropic's positioning ahead of a possible IPO, the distillation and copyright fight with publishers, the rare books being unbound and shredded to feed training data, and where value actually accrues if models commoditize. Energy and molecules, or something else entirely. Subscribe for weekly deep dives on AI infrastructure, credit markets, semiconductors, and the money moving underneath the entire AI build-out.
Im ersten Teil unseres Programms geht es wie immer um aktuelle Ereignisse. Unser erstes Thema ist das neue Sanktionspaket der EU gegen Russland. Diesmal haben die Sanktionen einen anderen Schwerpunkt. Sie haben nicht mehr nur das Ende des Krieges in der Ukraine zum Ziel, sondern auch die langfristige Sicherheit in Europa. Danach sprechen wir über einen Artikel, der diese Woche in The Economist erschienen ist. Die Autoren diskutieren Brasiliens weltweit strengste Gesetze gegen rassistische Äußerungen. Sie stellen aber auch die Frage, ob diese Gesetze die tiefgreifenden sozialen Ungleichheiten im Land wirklich beseitigen. In unserem Wissenschaftsteil beschäftigen wir uns mit einer Studie, die zu dem Ergebnis kommt, dass ein längeres Leben nicht automatisch ein gesünderes Leben bedeutet. Die Studie zeigt, dass die weltweite Lebenserwartung auf 73,8 Jahre gestiegen ist, die Menschen jedoch einen großen Teil dieser zusätzlichen Lebensjahre in schlechter Gesundheit verbringen. Und wir beenden den ersten Teil des Programms mit einer Diskussion über den ersten Michelin-Weingutführer, der gerade erschienen ist. Michelin ist normalerweise bekannt für Restaurantbewertungen. Wie zu erwarten, gab es einige Kontroversen um diesen Schritt. Der Rest des Programms ist der deutschen Sprache und Kultur gewidmet. Die heutige Grammatiklektion konzentriert sich auf Adverbs of Place — Part 2. In Deutschland sind momentan kurze, prägnante und international verständliche Vornamen in Mode. Doch es gibt immer wieder Ausnahmen, wo entschieden werden muss, ob der gewählte Name zulässig ist. Denn es gibt bestimmte Regeln bei der Namensgebung, auch um das Kind zu schützen. (Pause, Themenwechsel) Jens Spahn musste von seinem Amt als Bundestagspräsident zurücktreten, weil er und sein Ehemann im Ausland mit Hilfe einer Leihmutter Väter geworden waren. Leihmutterschaft ist in Deutschland illegal und wurde selbst von Jens Spahn bisher öffentlich aus moralischen Gründen abgelehnt. Deshalb wurden ihm von seiner Partei Löcher in den Bauch gefragt. Und genau das ist unsere Redewendung diese Woche: Löcher in den Bauch fragen. Neue EU-Sanktionen gegen Russland zur Stärkung der europäischen Sicherheit Brasiliens Kampf gegen Rassismus: Reichen strenge Gesetze gegen soziale Ungleichheiten? Neue Studie: Menschen leben länger – aber nicht gesünder Michelin weitet seinen Restaurantführer auf Weingüter aus Vornamen in Deutschland Skandal um Leihmutterschaft – Jens Spahn tritt zurück
The U.S. economy expanded 1.5 percent during the April–June period, down from the 2.1 percent gain in the first three months of 2026, according to data released on July 30 by the Bureau of Economic Analysis.Economists had projected growth of 2.1 percent.President Trump ordered a new wave of strikes against Iran after Iran attempted a surprise attack on U.S. forces. It comes as the U.S. continues to squeeze the regime economically through a naval blockade and sanctions.
Todo mundo achou que o streaming ia fazer o mundo consumir a mesma cultura americana. Aconteceu o contrário, e o Brasil é o caso mais extremo.Uma reportagem da Economist mostra que a globalização do entretenimento entrou em marcha à ré. Na primeira semana de junho, 96 dos 100 maiores artistas no YouTube Music no Brasil eram brasileiros. Na Dinamarca, nove das dez faixas mais tocadas de 2025 eram em dinamarquês, contra cinco do top 20 em 2019. A fatia das séries americanas na demanda global de TV caiu de 51% para 42%, e a Netflix já produz mais séries em outras línguas do que em inglês.--Assine a newsletter O Futuro Explicado: https://resumido.substack.com/subscribe Faça sua assinatura: https://resumido.cc/assinatura Loja RESUMIDO: https://www.studiogeek.com.br/resumido Ouça mais: https://resumido.cc
Economist Rebecca Homkes, a lecturer at Duke University and London Business School whose consulting practice focuses on the things that influence the thinking of chief executives, says that the valuations of A.I. companies are sky high because investors believe in the transformational technology, but that when that transformation shows up — and investors worry that an industry like software could get pinched in the transformation — investors tend to panic. She sees concerns that the A.I. funding cycle has become so circular that any troubles could unwind the market quickly, so while she is not expecting a recession or a bubble quickly, she does suggest danger signs are visible now. Carter Braxton Worth, chief executive officer at Worth Charting — known by many as "the Chart Master" on CNBC — brings technical analysis to the Market Call, noting that he doesn't study companies, he studies shares. Worth notes that he currently favors small-cap financials, utilities and energy companies, and he warns of the "bifurcation of technology," where one area of the sector does very well while another one does very poorly, which he considers a sign of potential trouble ahead. This bifurcation is similar -- but with a technical analysis bent -- to Homkes' explanation of the wild market responses to AI stocks. Todd Rosenbluth, head of research at VettaFi, brings the proverbial hammer of THOR to the ETF of the Week, bestowing the weekly title to a new income-focused stock fund from Thornburg that carries that mythic ticker symbol.
An ousted former opposition leader started a new party—called the New Party. We assess its chances at the ballot box, and under President Recep Tayyip Erdogan's thumb. A surrogacy scandal in Germany has prompted a government reshuffle, with Chancellor Friedrich Merz left holding the proverbial baby. And how traditional career advice is falling short for Gen Z. Guests and host:Piotr Zalewski, Turkey correspondentVendeline von Bredow, senior Germany correspondentTom Wainwright, culture correspondentJason Palmer, co-host of “The Intelligence”Topics covered: Turkish politics, New Party, Recep Tayyip ErdoganGerman politics, Jens Spahn, Friedrich MerzGen Z, careersListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
An ousted former opposition leader started a new party—called the New Party. We assess its chances at the ballot box, and under President Recep Tayyip Erdogan's thumb. A surrogacy scandal in Germany has prompted a government reshuffle, with Chancellor Friedrich Merz left holding the proverbial baby. And how traditional career advice is falling short for Gen Z. Guests and host:Piotr Zalewski, Turkey correspondentVendeline von Bredow, senior Germany correspondentTom Wainwright, culture correspondentJason Palmer, co-host of “The Intelligence”Topics covered: Turkish politics, New Party, Recep Tayyip ErdoganGerman politics, Jens Spahn, Friedrich MerzGen Z, careersListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
Patrick Bet-David and the Home Team react as Elon Musk clashes with The Economist over Islam, immigration, and the label 'far right.' Musk argues secure borders, safe cities, and sensible spending are normal positions falsely smeared as extremism by legacy media pushing its left-wing politics today.
Elon Musk says he just wants “secure borders.” But is that really what his politics are about? In this episode of Axis Live, Brad Onishi breaks down Musk's explosive interview with The Economist, where he accused its editor of being a “traitor to the West.” Brad explains why this language signals something much larger than immigration policy: the rise of Western civilizationalism, a political movement uniting Christian nationalists, authoritarian populists, tech elites, and the global far right around a shared vision of who belongs—and who doesn't. The conversation explores Musk's support for Europe's far-right parties, the ideology of “remigration,” the growing alliance between Silicon Valley and Christian nationalism, and why protecting “Western civilization” has become the new rallying cry for anti-democratic movements. Brad also connects these trends to his forthcoming book, American Caesar, showing how religion, technology, and authoritarian politics are converging in the United States and around the world.
Almost no modern health consumer can evaluate whether their surgery was done well, whether their imaging was read correctly or whether a different drug would have worked better. Economists have a name for that kind of purchase, a credence good, and healthcare is the textbook case. So patients judge what they can see. The website, the search results and whether they could get an appointment. Chris Boyer and Reed Smith open with why that judgment is rational rather than unfair. Stanford's web credibility research asked more than 2,500 people what made a site believable and found design look led every other factor at 46.1% of comments, well ahead of accuracy of information at 14.3%. That research is from 2003 and the behavior has not moved. Meanwhile the audited quality data has been free and one search away for years, and it loses to the impression. Press Ganey's 2025 consumer work puts brand reputation at 86% of influence on choice. The uncomfortable conclusion is that the web experience is the first quality claim an organization makes, and it gets defended in budget meetings on cost per acquisition. The second segment follows the person for whom this goes badly. More than 30% of US adults lacked a usual source of care in 2022, the highest level in a decade, during a stretch of historically high insurance coverage. The federal government counts this. In the 2022 National Health Interview Survey, 21.7% of adults delayed or skipped care for a nonfinancial reason, and 10.6% because no appointment was available when they needed one. Nothing inside a health system counts any of it, because conversion, satisfaction scores and market share all describe people who finished something. Chris and Reed make the case that an abandoned search is the earliest visible moment of someone falling out of care, and that it sits in a marketing tool nobody has assigned an owner. Then Sondra Brown of MDRG and Chris Pace of SearchStax bring the research they ran on the digital front door. They walk through the collapse in whether people believe hospitals put care ahead of profits, why sites built against the org chart cannot serve a patient journey, and a verbatim from the qualitative work about what a dated website tells a patient about the medicine behind it. Chris takes on the argument that the website is dead in an AI-first world and explains why first-party content became more load-bearing rather than less. And they land on the number this whole episode circles, what happens to people who cannot find a new primary care doctor online. A quarter of them stop looking altogether. Mentions from the Show: SearchStax and MDRG, The State of Enterprise Site Search, 2026.https://www.searchstax.com/white-papers/the-state-of-enterprise-site-search/ Milbank Memorial Fund and The Physicians Foundation with the Robert Graham Center, The Health of US Primary Care: 2025 Scorecard: https://www.milbank.org/publications/the-health-of-us-primary-care-2025-scorecard-report-the-cost-of-neglect/ NCHS, Sociodemographic Differences in Nonfinancial Access Barriers to Health Care Among Adults: United States, 2022, National Health Statistics Reports no. 207, August 2024 (21.7% reporting at least one nonfinancial barrier, 10.6% unable to find an available appointment): https://www.cdc.gov/nchs/data/nhsr/nhsr207.pdf Fogg BJ, Soohoo C, Danielson D, Marable L, Stanford J, Tauber E, How Do Users Evaluate the Credibility of Web Sites? Stanford Persuasive Technology Lab, DUX 2003 (design look 46.1% of credibility comments, 41.8% for health sites): https://dl.acm.org/doi/10.1145/997078.997097 AMN Healthcare, 2025 Survey of Physician Appointment Wait Times (31-day average for a new patient appointment, up 19% since 2022). AMN is a physician staffing firm, disclosed on air: https://www.amnhealthcare.com/siteassets/amn-insights/physician/ps-2025-physician-appt-wait-times---wp-v6.pdf Press Ganey, Healthcare Consumer Experience 2025 (86% citing brand reputation, 49% willing to wait up to three weeks for a primary care appointment). Industry-published, disclosed on air: https://www.pressganey.com/news/press-ganey-report-reveals-the-trust-factors-reshaping-how-consumers-make-healthcare-decisions/ Sondra Brown on LinkedIn: https://www.linkedin.com/in/sondra-brown-360a999/ Chris Pace on LinkedIn: https://www.linkedin.com/in/chrispaceaz/ Chris Pace's Substack: https://chriscellaneous.substack.com/ . Reed Smith on LinkedIn: https://www.linkedin.com/in/reedtsmith/ Chris Boyer on LinkedIn: https://www.linkedin.com/in/chrisboyer/ Chris Boyer website: http://www.christopherboyer.com/ Chris Boyer on BlueSky: https://bsky.app/profile/chrisboyer.bsky.social Reed Smith on BlueSky: https://bsky.app/profile/reedsmith.bsky.social Learn more about your ad choices. Visit megaphone.fm/adchoices
Today marked the start of two days of services for the late South Carolina Senator Lindsey Graham, with President Donald Trump joining foreign leaders at Washington National Cathedral for the funeral. Graham was arguably one of the biggest supporters of the Iran war. But now, he's gone – and the war he helped start is becoming increasingly unpopular. The Economist reported earlier this month that the war in Iran is America's least popular conflict since public poll tracking began. And thanks to a virtual Pentagon blackout on information, there's a lot we don't even know about this war in the first place. So, to talk more about the Iran war, we spoke with Tom Bowman. He's the Pentagon correspondent for NPR.And in headlines, wildfires across France and Spain have driven roughly 330,000 people from their homes and vacation sites; Kentucky Governor Andy Beshear sent Kentucky Republican Senator McConnell a letter demanding that he prove that he can do his job; and a conservative activist group released audio tapes that appear to show former President Joe Biden sharing classified information with a biographer.Show Notes: Check out Tom's work – npr.org/people/5457129/tom-bowman Call Congress – 202-224-3121 Subscribe to the What A Day Newsletter – https://tinyurl.com/y4y2e9jy What A Day – YouTube – https://www.youtube.com/@whatadaypodcast Follow us on Instagram – https://www.instagram.com/crookedmedia/ For a transcript of this episode, please email transcripts@crooked.com
The U.S. housing market is pretty weird right now. Whether you're a buyer, seller or a renter, it leads to all kinds of questions, like: How did we end up with a housing shortage? Is housing still a good investment? What policies might unlock the housing inventory held by baby boomers? So we called up someone with answers: Redfin's chief economist, Daryl Fairweather. On today's show, your housing questions, answered. This is an excerpt of a live virtual event we held last week for our NPR+ and other qualifying supporters. To hear the entire event, make sure you're signed up for NPR+. We'll be publishing it as a bonus episode in the Planet Money feed next week! Fact checking by Vito Emanuel.Your Next Listen — Two Cities. Two chip plants. One affordability crisis.Connect with The Indicator — Sign up for The Indicator's brand new newsletter — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+ See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy
Wildfires in France and Spain are only growing worse by the day. We examine what can be done as a future of more fires, and worse ones, becomes more assured. A dig into data on women at work shows several indicators starting to move in the wrong direction. And the American cities rethinking how to handle their after-dark economies.Guests and host:Oliver Morton, planetary affairs editorVinjeru Mkandawire, Britain correspondentDaniella Raz, US corespondentRosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: fires, France, Spain, fire ecologywomen in the workplace, equalityAmerica, night-time economyListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
The Consumer Price Index determines your grandmother's Social Security, your SNAP benefits, your divorce settlement, and — historically, at least — whether the president keeps his job. It is also, according to British journalist and novelist John Lanchester, intellectually thrilling. In the fourth episode of our Unsung series, Kelly talks with the writer The Economist called "a down-to-earth and witty guide to the most complicated ideas of our time" about what it means to live in a country that counts everything — and what happens when we start to lose faith in the numbers.If you haven't yet, pick up Michael Lewis's Who Is Government? and John Lanchester's new novel Look What You Made Me Do (Norton, May 2025).To connect with Kelly and get a list of her weekly takeaways, join Kelly's free Substack.
Wildfires in France and Spain are only growing worse by the day. We examine what can be done as a future of more fires, and worse ones, becomes more assured. A dig into data on women at work shows several indicators starting to move in the wrong direction. And the American cities rethinking how to handle their after-dark economies.Guests and host:Oliver Morton, planetary affairs editorVinjeru Mkandawire, Britain correspondentDaniella Raz, US corespondentRosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: fires, France, Spain, fire ecologywomen in the workplace, equalityAmerica, night-time economyListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
Our Global Head of Macro Strategy Matthew Hornbach and Chief U.S. Economist Michael Gapen unpack what is likely to influence this week's interest rate decision by the Fed.Read more insights from Morgan Stanley.----- Transcript -----Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy. Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist. Matthew Hornbach: Today, will the Fed hold or hike? It's the question in the market right now. It's Tuesday, July 28th at 9:30am in New York. Will the Fed display patience, or has it run out of patience? That's the question hanging over the July FOMC meeting currently underway. We believe the former. We expect the Fed to keep the target range for the federal funds rate unchanged at 3.5 to 3.75 percent. The statement will probably also remain unchanged, reiterating the ample reserve policy, economic activity expanding at a solid pace despite elevated uncertainty. So, Mike, what's your assessment of the situation beyond that? Michael Gapen: Our assessment of the July FOMC meeting is actually the case for hikes is not as persuasive now as it was in June. And I think when we say that and when we come to the decision the Fed will stay on hold this week, we're basing it mainly on the data that has come in since the June FOMC meeting. And two important pieces on that front are employment growth moderated. So, in the June meeting, the three-month average payroll gain was running at about 188,000 per month. And I think it gave the sense that the labor market was really accelerating and there was downside risk to the unemployment rate. The subsequent employment data changed that view. Now it looks like there is much less of an acceleration in hiring and momentum has slowed. So, the labor market doesn't look quite as robust. Second, there was a lot of information, we think, a lot of signal about disinflation. So yes, recent volatility in the Middle East did push oil prices temporarily higher. We'll see where that goes. But underneath the hood, there was significant softness in goods inflation and services inflation, particularly related to housing. So, we do think that there was a lot of evidence that disinflation is here. So, with those two things in mind, we think there's less of a case to hike in July than there was in June. So, we think the right thing... Or what we think the Fed will do is to skip July, try and buy a little more time, get a little more information. If disinflation is indeed here, the Fed stays on hold. If not, and inflation stays firm, well, they can move to rate hikes later this year. But we think the case to hike in July is less compelling than it was in June. Matthew Hornbach: Well, they certainly will get a lot more information between the July meeting and the September meeting. If memory serves, at least two more rounds of all of the major economic data points… Michael Gapen: That's right. Matthew Hornbach: Payroll, CPI, and so on. Michael Gapen: That's right. The gap between the July FOMC meeting and the September FOMC meeting is the longest on the Fed's calendar. Of course, in part, that makes room for Jackson Hole in August, which if the Fed were moving to a tightening cycle, could be a venue to lay out the case for that. But you're right, they will see multiple employment and inflation reports before they meet again in September. Matthew Hornbach: If they really wanted to get ahead of that data and move at this meeting, what is the case for hiking rates in July? How would you think about that perspective? Michael Gapen: I think you could make a couple of cases to hike now. One is recent volatility and conflict in the Middle East has pushed oil prices higher. Maybe it convinces you – you're in a prolonged oil risk premium scenario, and inflation will not dissipate. Second, I think you could argue, well, it's a balance of risks argument. And we think risks have just shifted in the direction of inflation, where last year they were in the direction of a weaker labor market. We eased last year. Let's just reverse those risk management rate cuts this year. So, it's not about inflation in hand, it's about your view of risks around inflation. Another, I think, and to me, this is the most important one, is maybe Warsh wants a regime change in the reaction function. In other words, he emphasizes price stability and achieving the 2 percent target. Well, at some point, words are words and actions are actions. And maybe what he desires is a more hawkish reaction function and kind of a higher interest rate all else equal to guide inflation down to 2 percent more quickly. So, I think, Matt, if we're wrong this week, I think the main reason we're wrong is I'm thinking under an older reaction function, and Warsh is bringing a new one. And right now, we don't exactly know what his reaction function is. And he could reveal it this week as being in a direction where he really wants to concentrate on the inflation side of the mandate to the exclusion of nearly everything else. Matthew Hornbach: Well, I don't think that's lost on markets at all. And in fact, I think that the rise in yields we've seen in the bond market concentrated in the real yield component of the 10-year Treasury bond tells you a lot about how investors are thinking the Fed will react to higher energy prices. As energy prices have gone up, so have bond yields. The relationship between those two asset prices are very strong. And usually what that suggests is if the real yield is going up more than the break-even inflation rate is going up as energy prices rise, it's telling you that investors think the Fed will not look through the rise in energy prices. If you have the opposite happen, where your break-even inflation rate is going higher, more so than the real interest rate is going higher, that would suggest investors think the Fed will look through the energy price increase. That just hasn't been the case, and so I think investors are very much attuned to what they think is the right reaction function for the Fed. But I guess we'll see. Only time will tell. And I think in order to help us tell what the right reaction function is – we'll need some communication from the Fed. And maybe that's where I want to go next with you – is on communication. It does seem like there have been fewer FOMC participants speaking to the public since Chairman Warsh began his tenure as chairman. Is that your impression? How do you think about communication? And since we are in the midst of this FOMC meeting, the press conference… What do you think about press conferences going forward? Michael Gapen: I do think you're right. I haven't counted up the literal official FOMC communications. I do think there have likely been fewer speeches and/or interviews given recently. And whether or not that's a function of Kevin Warsh as the chairman or it's summer and things move a little slower, I don't know. I will say, though, that when participants have spoken, I think we're getting the same, say, normal communication that they brought in the past. So far, I don't read participants as unwilling to provide their view about the outlook for the economy and for monetary policy. On the press conference, boy, would that be a change. I've been of the view that you probably will not get what I'll call a major change to the SEPs or the press conferences in terms of their frequency until the task force on communications has run its course, where I think the deadline is ultimately later this year. So, I don't think the schedule of press conferences will change until 2027, if it changes at all. But if we don't have them… The way that I would look at that, Matt, is to say, if the Fed's speaking less, there will be a vacuum out there to some degree. So, if the Fed's giving its view on the outlook and monetary policy less frequently, something else will fill that narrative, whether it's markets or the private sector or whatever it is. Vacuums are going to get filled. The Fed's speaking less, somebody else will speak more. Maybe that drives volatility more. I guess it would depend on the situation, but I think pulling press conferences would be a major surprise. I don't think it's in market expectations, and my belief is it would probably lead to some increase in volatility over time.How would you read it? Matthew Hornbach: Absolutely. I think the void has already begun to be filled by investors and how they think about the Fed's reaction function, rightly or wrongly. Which is why I think we've seen real yields move in a very positively correlated way with energy prices. Investors are intuiting a certain reaction function to higher energy prices. Whether or not that is the correct view, only time will tell. If we do have a press conference at this upcoming meeting, which looks very likely, investors are going to pay attention to every nuance and every shift in the chairman's tone. How he chooses to address certain questions versus others—or whether he chooses to address them at all—will be important for market participants and how they invest in the bond and currency markets. With that, Mike, thanks again for taking the time to talk. I look forward to catching up with you again in late August around the Jackson Hole symposium. Michael Gapen: Great speaking with you, Matt. Thanks for having me on. Matthew Hornbach: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen. And share the podcast with a friend or colleague today.
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The resignation of India's education minister was a stunning capitulation by Prime Minister Narendra Modi's government. The Cockroach Janta Party, a fast-growing youth movement, has the upper hand for now. So-called macro trading is hard: even with advance knowledge of events, neither man nor machine seems to make much money. And hunting the mosaics of Invader, an anonymous French street artist.Guests and host:Kira Huju, Asia correspondentJoshua Roberts, capital markets correspondentCaitlin Talbot, digital culture correspondentRosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: India, Cockroach Janta Party, protest, Narendra Modimacro trading, retail investingInvader, Flashinvader, street artListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
The resignation of India's education minister was a stunning capitulation by Prime Minister Narendra Modi's government. The Cockroach Janta Party, a fast-growing youth movement, has the upper hand for now. So-called macro trading is hard: even with advance knowledge of events, neither man nor machine seems to make much money. And hunting the mosaics of Invader, an anonymous French street artist.Guests and host:Kira Huju, Asia correspondentJoshua Roberts, capital markets correspondentCaitlin Talbot, digital culture correspondentRosie Blau, co-host of “The Intelligence”Jason Palmer, co-host of “The Intelligence”Topics covered: India, Cockroach Janta Party, protest, Narendra Modimacro trading, retail investingInvader, Flashinvader, street artListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
More than 330,000 Haitians lost their ability to legally live and work in the U.S. this week. A recent Supreme Court ruling allowed the Trump administration to end Temporary Protected Status for refugees from certain countries. In this episode, why the policy change will deliver a swift blow to the healthcare sector. Plus: Economists weigh the Fed's next interest rate move, businesses report cautious optimism in new survey, and a Baltimore club redistributes wealth to neighbors in need.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Read the stories in today's episode:Economists share their Fed expectationsBusinesses report optimism, despite all the economic uncertaintyA new kind of club wants people to share the wealthWhat the end of TPS for Haitians could mean for the labor forceTo reduce their climate impact, airlines target contrailsCircus school balances world-class programs with small town values
Welcome to Impact Theory with Tom Bilyeu. In today's episode, we dive deep into the economic insights of Professor Steve Keen—a renowned economist who famously predicted the 2008 financial crisis. Keen challenges mainstream economic models and reveals the fundamental misconceptions that lead economists to repeatedly misjudge the state of the economy, especially when it comes to debt.We'll unpack why conventional wisdom about government and private debt is dangerously flawed, explore the real mechanics of money creation in modern economies, and explain why ignoring private debt can leave entire nations blindsided by financial turmoil. Along the way, we'll touch on provocative ideas like debt jubilees, the dangers of unchecked debt cycles, and the delicate balance between innovation, lending, and inflation.Strap in as we question what you really know about economics, challenge widely held beliefs, and uncover the models shaping your financial future—whether you realize it or not.Quince: Free shipping and 365-day returns at https://quince.com/impactpodWhatnot: Download the Whatnot app today and get free shipping on your first order.Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderATT Business: Switch to AT&T Business at business.att.comIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Pique: 20% off at https://piquelife.com/impactNetsuite: For the first time ever you can try NetSuite Next for free. If your revenues are at least in the seven figures, go to https://NetSuite.ai/Theory. Built for every industry. Ready for every boardroom.Sign up for my AI Masterclass: https://tombilyeu.com/ai-masterclass?utm_campaign=TBS-Livestream&utm_source=youtube&utm_medium=social Check us out wherever you get your podcasts:Spotify:https://open.spotify.com/show/1nARKz2vTIOb7gC9dusE4b?si=a8daffd2bf1f48fdApple: https://podcasts.apple.com/us/podcast/tom-bilyeus-impact-theory/id1191775648Do you need my help STARTING a business? Join me here inside ZERO TO FOUNDER: (https://tombilyeu.com/zero-to-founder)Get the exact systems, mindset shifts, and principles that built a $1B brand delivered straight to your inbox every week. Subscribe for free (https://tombilyeu.com)Check out our Video game - Project Kyzen: (https://projectkyzen.io/)Catch Me Streaming on Twitch - (https://twitch.tv/tombilyeu)Link to IT discord: https://discord.gg/TZKJ2etPbTTom's Favorite Things List: https://amzn.to/41Ftt7eFor Business inquiries: connect@impacttheory.comFOLLOW TOM:Instagram: https://www.instagram.com/tombilyeu/Twitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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