Podcasts about economists

Welcome back to Impact Theory with Tom Bilyeu! In this episode, Tom is joined by returning co-host Drew and team member Ryan to dive into some of the most pressing topics shaping our world today. The discussion kicks off with celebrations—both personal and technological—as Drew shares his recent experience producing a short film and Tom breaks down the astonishing advancements in AI, notably Claude Opus 4.8's breakthrough performance on "humanity's last exam."The conversation evolves to explore the implications of AI for the job market, society, and creativity, as Tom and Drew challenge the widespread fears and hype around artificial general intelligence. They examine the paradoxical effects of technological disruption, the shifting landscape of employment, and the need for personal adaptability amidst rapid change. The team also tackles recent events ranging from protests at ICE facilities and global political developments in Iran to economic impacts of rising energy prices and cultural upheaval seen in global sports celebrations.With lively audience engagement and thought-provoking super chats, this episode delivers a sharp, no-holds-barred analysis on how technology, culture, and leadership are intertwining to shape our future. Whether you're an entrepreneur, creative, or just trying to figure out your next move in a rapidly changing world, tune in for a masterclass in adaptation, resilience, and critical thinking.Truemed: Check your eligibility and start saving at https://truemed.com/impactIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impactPique: 20% off at https://piquelife.com/impactQuince: Free shipping and 365-day returns at https://quince.com/impactpodPlaud: Get 10% off with code TOM10 at https://plaud.ai/tomWhatnot: AT&T Business: Switch to AT&T Business at business.att.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactWhat's up, everybody? It's Tom Bilyeu here:If you want my help...STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20showSCALING a business: see if you qualify here.: https://tombilyeu.com/callGet my battle-tested strategies and insights delivered weekly to your inbox: sign up here.:https://tombilyeu.com/**********************************************************************If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you.**********************************************************************FOLLOW TOM:Instagram: https://www.instagram.com/tombilyeu/Tik Tok: https://www.tiktok.com/@tombilyeu?lang=enTwitter: 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.

SPONSORS: - Accelerate your efficiency. Sign up for your one-dollar-per-month trial today at http://shopify.com/theories - I personally subscribe to The Economist. TOE listeners get 35% off the annual subscription. No other podcast has this! https://economist.com/TOE Roman Yampolskiy has spent two decades being right about things people wished he wasn't — and in this conversation, he's not here to scare you, but to be precise. He makes the case that AI alignment isn't merely unsolved but fundamentally under-defined: no agreed-upon values, no way to formalize them even if there were, and no mechanism for enforcing them on something smarter than its creators. His strongest argument isn't a doom scenario, it's that you cannot indefinitely control something smarter than you. 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 - Defining General Intelligence - 00:05:58 - AI Instrumental Convergence - 00:11:11 - The Orthogonality Thesis - 00:16:15 - Escaping the Simulation - 00:21:45 - Principle of Indifference - 00:27:51 - Acquired Savant Syndrome - 00:33:51 - LLM Internal States - 00:41:02 - AI Safety Impossibility Results - 00:47:16 - Public Misconceptions - 00:53:21 - Existential vs. Suffering Risks - 01:01:20 - AI Alignment Definition Crisis - 01:09:28 - Computational Irreducibility - 01:16:20 - Substrate Independence - 01:22:50 - Philosophical Zombie Critique - 01:29:57 - The Cassandra Paradox - 01:37:35 - Religion and Simulation - 01:46:03 - Digital Physics Evidence - 01:51:20 - Limits of Control LINKS MENTIONED: - Roman's Papers: https://scholar.google.com/citations?user=0_Rq68cAAAAJ - Roman's Podcast: https://www.youtube.com/channel/UCPIq6Bb-1iLmqyksJjy4kLQ - Roman's Twitter: https://x.com/romanyam - Roman's Facebook: https://www.facebook.com/roman.yampolskiy - AI Identity [Paper]: https://philarchive.org/archive/ZIETPO-7 - Basic AI Drives [Paper]: https://selfawaresystems.com/wp-content/uploads/2008/01/ai_drives_final.pdf - Qualia in Agents [Paper]: https://arxiv.org/abs/1712.04020 - Orthogonality Thesis [Paper]: https://nickbostrom.com/superintelligentwill.pdf - Escape the Simulation [Paper]: https://www.researchgate.net/publication/369187097_How_to_Escape_From_the_Simulation - Could This AI Be Conscious? [Article]: https://unherd.com/2026/05/is-ai-the-next-phase-of-evolution - Impossibility Results in AI [Paper]: https://arxiv.org/abs/2109.00484 - When AIs Act Emotional: https://youtu.be/D4XTefP3Lsc - Hacking the Simulation [Paper]: https://philarchive.org/rec/YAMHTS-2 - Autonomous Machine Intelligence [Paper]: https://openreview.net/pdf?id=BZ5a1r-kVsf - Hinton on Maternal Instincts [Article]: https://fortune.com/2025/08/14/godfather-of-ai-geoffrey-hinton-maternal-instincts-superintelligence/ - Singleton Hypothesis [Paper]: https://nickbostrom.com/fut/singleton - New Kind of Science [Book]: https://amazon.com/dp/1579550088?tag=toe08-20 - On AI Controllability [Paper]: https://arxiv.org/abs/2008.04071 - Universe as Numerical Simulation [Paper]: https://arxiv.org/abs/1210.1847 - Nir Lahav [TOE]: https://youtu.be/3nHiOtnnrzA - Joscha Bach [TOE]: https://youtu.be/3MNBxfrmfmI - Bas Van Fraassen [TOE]: https://youtu.be/lhpRAWxvY5s - Simulation Hypothesis [TOE]: https://youtu.be/3_lBPMc6JRY - Geoffrey Hinton [TOE]: https://youtu.be/b_DUft-BdIE - Max Tegmark [TOE]: https://youtu.be/-gekVfUAS7c - Stephen Wolfram [TOE]: https://youtu.be/FkYer0xP37E - David Chalmers [TOE]: https://youtu.be/5r9V1ryksnw More links: https://curtjaimungal.substack.com Guests do not pay to appear. #science Learn more about your ad choices. Visit megaphone.fm/adchoices

This month's episode of the Harvard Data Science Review Podcast uncorks the fascinating intersection of wine, judgment, and data science. Economist and wine expert Orley Ashenfelter and Master of Wine Susan Lin join us to explore the enduring legacy of the 1976 “Judgment of Paris,” the blind tasting that reshaped perceptions of wine quality and transformed the global wine industry.  From statistical analysis of wine rankings to the psychology of taste perception, the conversation examines how experts evaluate wine and why even trained judges often disagree. Ashenfelter reflects on decades of wine tasting data and the role of probability, humility, and climate modeling in understanding wine quality, while Lin shares insights from her groundbreaking research on how music influences the perception of champagne. Together, they explore the complex relationship between sensory experience, human judgment, and data, revealing that wine may be as much about context, memory, and emotion as it is about chemistry and statistics. Our guests: Orley Ashenfelter is the Joseph Douglas Green 1895 Professor of Economics at Princeton University, transferred to emeritus status in 2024. Orley is known for his seminal research in labor economics, econometrics, and law and economics Susan R. Lin is a Master of Wine and a Master of Fine Arts in Classical Piano and Musicology. She creates memorable experiences through music and wine.

Send us Fan MailAndrew Palmer is a long-time editor and columnist at The Economist, where he writes the widely read Bartleby column on work and life. He also hosts Boss Class, one of The Economist's most popular podcasts, whose most recent season explored generative AI in the workplace, a topic Andrew approached not just as a journalist, but as a self-described unsophisticated user determined to get smarter by doing.In this episode, Andrew draws on his reporting and interviews with leaders across industries to offer an outside-in view of where AI adoption actually stands, and why the gap between the hype and the reality is not a sign of failure, but of how complex change really is.In this conversation, we discuss:Why AI adoption faces three distinct barriers (behavioral, technical, and organizational) and why solving one without the others leaves productivity gains stranded.Why structural reskilling frameworks (like Denmark's flexicurity model and Singapore's voucher-based lifelong learning system) offer a more credible response to AI disruption than waiting for policy to catch up.Why Johnson & Johnson's "let a thousand flowers bloom" approach to AI experimentation produced a Pareto effect (15% of projects generating 85% of value) and what they changed as a result.How the AI productivity boom is real at the individual level but not yet showing up in aggregate data, and why Andrew believes that gap is a question of time, not technology.Why enlightened corporate leadership requires transparency about potential job disruption and a commitment to adjacent career planning rather than performative optimism.What work in 2036 might look like, and why Andrew's most unsettling prediction has nothing to do with jobs, and everything to do with privacy.Explore this conversation:00:00 Introduction to AI and the Future of Work episode 39101:14 AI fun fact: AI legislative speed versus technological advancement03:51 Meet Andrew Palmer The Economist Bartleby Column Boss Class06:14 Digital Doppelganger and AI Personality Traits07:57 AI Adoption Barriers Behavioral Technical and Organizational11:01 AI Impact at Work Startups vs Large Organizations14:15 Leadership Humility and AI Uncertainty in the Workplace17:41 AI Experimentation at Scale Lessons from Johnson and Johnson24:26 AI vs SaaS Productivity Data and the Speed of Adoption27:35 Balancing AI Automation with Human Meaning at Work31:26 AI Policy Reskilling and Lifelong Learning for the Future36:03 Work in 2036 AI Monitoring Privacy and Constant Surveillance38:47 Who Really Controls AI and What That Means for Workers44:08 Connect with Andrew Palmer and Boss Class The EconomistResources:Subscribe to the AI & The Future of Work NewsletterConnect with Andrew on LinkedInAI fun fact articleOn How Arvind Jain Is Shaping the Future of Enterprise Search Another episode mentioned in the interview: How we can take back control from Big Tech with Tom Wheeler, former FCC Chairman, CEO, VC, and author of Techlash. 

This week, EconoFact Chats features an abridged version of an Ask Me Anything Webinar with Binyamin Appelbaum. The discussion touched on a range of issues, including whether AI will prove labor-enhancing or labor-replacing, how a shrinking immigrant workforce will affect a labor market already facing a crunch, why oil markets are seemingly underpricing supply shocks, and whether the central bank can maintain its independence in the face of mounting political pressure to lower interest rates. Binyamin is the lead writer on economics and business for the New York Times editorial board, and the author of The Economists' Hour. EconoFact's monthly Ask Me Anything Webinars are exclusively available to Premium Subscribers. The $50 annual fee for becoming a Premium Subscriber helps EconoFact bring timely, accessible, unbiased, and nonpartisan analyses on important economic and social policy issues to the public. You can sign-up for a Premium Subscription here: https://secure.touchnet.net/C21525_ustores/web/store_main.jsp?STOREID=157

Steve discusses the impact of gasoline prices on inflation. He points out that, aside from gasoline, the US economy appears strong, citing a 4% GDP increase reported by the Federal Reserve. New data centers being built nationwide could advance early cancer detection and other technologies. Steve addresses concerns about artificial intelligence (AI), explaining both the opportunities and the need for caution. He also discusses the ongoing competition between China and the US over AI leadership. Spencer Pratt is highlighted as a potential leader who could drive positive change in Los Angeles by addressing taxes, politics, and oil transportation.See omnystudio.com/listener for privacy information.

In contemplating the life and career of Ludwig von Mises, one is struck by the nobility and grandeur, the high courage, of his lonely and lifelong struggle on behalf of truth and laissez-faire. But what led Mises to pursue his lonely and seemingly doomed struggle until the very end?Original article: https://mises.org/articles-interest/mises-and-role-economist-public-policy

Welcome back to another episode of the unSeminary podcast. Today we're joined by Rebecca Maxwell, a licensed marriage and family therapist and founder of Jacksonville Counseling Services. With 15 years of prior church ministry experience and now leading a growing counseling practice, Rebecca brings a unique perspective that bridges biblical truth and clinical insight. Are you feeling unprepared when people come to you with deep emotional or mental health struggles? Wondering how to respond wisely without overstepping your role? In this conversation, Rebecca helps church leaders better respond to crises and care for people in more informed and effective ways. Why pastors often feel unprepared. // Rebecca reflects on her years in ministry and recognizes that many church leaders simply lack the training needed to identify and respond to mental health challenges. While pastors are often the first call when someone is in crisis, most have received minimal formal education in this area. As a result, well-intentioned leaders can miss important warning signs or unintentionally cause harm. Rebecca emphasizes that pastors don't need to become therapists—but they do need a basic framework for recognizing distress and knowing how to respond appropriately. Slow down before you try to solve. // One of the most common mistakes leaders make in crisis situations is moving too quickly to solutions. Offering Scripture or advice immediately—while well-meaning—can sometimes shut people down if they don't first feel heard. Rebecca encourages leaders to practice the “ministry of presence”: allowing individuals to tell their story, expressing empathy, and bearing witness to their pain. This approach helps regulate emotions and creates space for truth to be received later, when the person is more grounded and able to process it. You don't need all the answers—but you need a plan. // A critical takeaway for church leaders is the importance of knowing where to turn for help. Rebecca stresses that leaders don't need to be experts, but they must have a resource network in place. This includes vetted counselors, crisis resources, and trusted professionals they can contact when situations escalate. Without this preparation, leaders may feel stuck or overwhelmed in high-pressure moments. Addressing misconceptions about mental health. // Rebecca also addresses a harmful but common belief in some church contexts—that mental health struggles are simply a sin issue. While sin can play a role, this perspective oversimplifies the complexity of the human mind. She explains that just as the body can become ill, so can the mind. Ignoring this reality can lead to shame, misdiagnosis, and ineffective care. Instead, churches need a more integrated understanding of people as whole beings. Why the church must engage this conversation. // If churches remain silent on mental health, people will seek answers elsewhere—from social media, AI tools, or secular sources that may lack biblical grounding. Rebecca urges leaders to step into this space with confidence and compassion, offering both truth and practical support. The church has an opportunity to be a trusted starting point for healing—but only if it is equipped to respond. A practical next step for every church. // Rebecca strongly recommends that anyone working with people receive basic crisis training, such as QPR (Question, Persuade, Refer). This short training equips leaders to recognize warning signs, respond appropriately, and guide individuals toward help. It's a simple but powerful step that can literally save lives. To learn more about Rebecca Maxwell and her book, Jesus and Your Mental Health: Linking God’s Word and Modern Science to Find Peace about Mental Health, visit JesusAndYourMentalHealth.com and download a sample here. Explore additional resources at jacksonvillecounseling.net. Thank You for Tuning In! There are a lot of podcasts you could be tuning into today, but you chose unSeminary, and I'm grateful for that. If you enjoyed today's show, please share it by using the social media buttons you see at the left hand side of this page. Also, kindly consider taking the 60-seconds it takes to leave an honest review and rating for the podcast on iTunes, they're extremely helpful when it comes to the ranking of the show and you can bet that I read every single one of them personally! Episode Transcript Rich Birch — Hey friends, welcome to the unSeminary podcast. So glad that you have decided to tune in today. You’re gonna be rewarded for that. I know that the conversation we’re having today, that this week, probably four or five times, you’ve thought about issues adjacent to this, and it’s gonna be super helpful. We are leveraging an expert. We’re gonna take advantage of this person to really help you this week and to help you solve some real problems. Rich Birch — Excited to have Rebecca Maxwell with us. She is a licensed marriage and family therapist. She started Jacksonville Counseling Services in 2015 to serve her Florida community with counseling services that integrate best practices with a biblical foundation.Rich Birch — The cool thing about Rebecca, well, there’s lots of cool things about her, but one of the cool things about her is prior to her voyage into marriage and family therapy, she spent 15, not 50 years in…Rebecca Maxwell — I look amazing.Rich Birch — Yeah, exactly. …in church ministry with children, adolescents, and family. So it’s just a great background, dual background for us to kind of tap into today. Rebecca, welcome to the show. So glad you’re here.Rebecca Maxwell — Yeah, glad to be here, Rich.Rich Birch — Apologize for the 50 year. That’s…Rebecca Maxwell — Hey, I mean, I look good for doing this for 50 years.Rich Birch — Yeah exactly. Why don’t you kind of give us a bit of a background? Tell us, fill out that, you know, bio a little bit. Tell us a little bit about yourself.Rebecca Maxwell — Yeah, so I’m married to a pastor, but I want to just be clear that I was in ministry first.Rich Birch — Yes. Good. Good.Rebecca Maxwell — I fell I fell into ministry ah after getting a degree in management from Georgia Tech… Rich Birch — Okay. Rebecca Maxwell — …and the Lord just kind of opened some doors, and I had to figure out what that was going to look like. Started in ministry to teenagers, youth. And did that faithfully for many years and also did a little bit of adult discipleship and kids ministry along the way, kind of got my training as I went along. Rebecca Maxwell — And there was a there was a point where God was just really beginning to lay the foundation for a different direction, a new call. And I spent a couple semesters in seminary trying to figure that out and ah didn’t think that was where the Lord was taking me to finish that training. And a friend, honestly, this was the best question I’ve ever been asked. She asked me, Rebecca, what do you love about youth ministry? What’s the favorite what’s your favorite part of your job?Rebecca Maxwell — And I said, you know, I love talking to teenagers and their parents about life stuff. And she said, well, I think you’d make a great counselor. And so that was the that was the the great question that got me in the direction of seeking more training in counseling. And I did marriage and family therapy because I was working with family so much… Rich Birch — Right. Rebecca Maxwell — …and really believing that the health of the family was so important to the health of the kids. And the kids were really like my driving force in what I was doing. Rich Birch — So cool. Rebecca Maxwell — So that it took me in that direction and along the way got to do some cool things in ministry and now working alongside churches in Christian, biblically based, also clinically informed counseling.Rebecca Maxwell — And so I have a practice in Jacksonville of there there’s about 18 of us now. And along the way, God gave me an experience that allowed me to to really know that I needed to be distinctively Christian and biblically based in my practice, that that was going to be important for my community. And so that’s that’s what we do. We try to bridge the best of psychological science with what the Bible says…Rich Birch — Yeah, so good. Rebecca Maxwell — …and serve our community.Rich Birch — Well, friends, you can see why I’m excited to have Rebecca on the on the call today, because I think, well, there’s a lot there, but there’s you know this idea of of being clinically informed and biblically based. I think you have a lot to help us think through these issues you know as pastors, as leaders. You know We’re wrestling with these kinds of questions all the time.Rebecca Maxwell — Of course. Rich Birch — We’re thinking about all of these things, referring people, and all this this comes up all the time. So you spent 15 years in church ministry before going down this road of being a licensed therapist. What did you see during those years as you reflect back on that time that made you realize, hey, maybe maybe church leaders need more help in this space? I’m declaring that I think we do. So, you know, I’m putting those words in your mouth. So, you know, don’t you know don’t be offended, listeners. That’s me saying that. But what do you what do you think?Rebecca Maxwell — Yeah, I think that I didn’t know what I was seeing when I was in ministry with some students and their families. I just knew that there was distress… Rich Birch — Right. Rebecca Maxwell — …and I didn’t know why in some cases. And not everything was a mental health issue, but I certainly missed a lot of those. I didn’t know how to meet kids and families who were in like mental crisis moments.Rebecca Maxwell — So, you know, my husband has been all the way through seminary. And so I know that he took one class in pastoral counseling that I helped him with.Rich Birch — Right.Rebecca Maxwell — And so this is a big issue in our community. And I don’t think that church leaders are generally well-equipped, like broadly. Rich Birch — Right.Rebecca Maxwell — I know there are there are more and more church leaders who are doing a deeper dive into understanding mental health and mental illness. But I would say by and large, the training isn’t there. And the problem with that is that people, parishioners, are going to go to their church leaders first when they’re struggling because they’re trusted. They’re a trusted source of on life. And so if our folks aren’t trained well, they can unintentionally cause harm. And I want to emphasize unintentionally… Rich Birch — Right, right. Rebecca Maxwell — …because nobody wants to miss something or cause harm. And, you know, they may accidentally just miss things. And, you know, suicide continues to be on the rise. And we don’t want to miss the pleas, the cries of a desperate person. And we also don’t want to minimize those. Rebecca Maxwell — We don’t want to give, you know, Christian euphemisms that don’t really address and see what’s going on deeper. Because not people don’t always show you what’s going on deeper right in the beginning. So a little bit of training goes a long way. And I know having been there and even now today, like we just don’t have enough, enough knowledge.Rich Birch — Right.Rebecca Maxwell — And church leaders are never going to be master’s level therapists. That’s not I’m asking for.Rich Birch — No. Right. Rebecca Maxwell — But I think we can have a better partnership to help each other.Rich Birch — Yeah, that’s, that’s good. Well, let’s, let’s start. I want to come back to the the suicide question in a minute. Rebecca Maxwell — Okay.Rich Birch — So I want to put a a bookmark in that and come back to that. Cause there’s specifically, I want, I got a couple of questions around that, that I’d love to get your thoughts on. But let’s go back to that idea of pastors getting the first call. Many of us have been in on that, right? We get the, you know, a family’s in crisis mode. Something’s falling apart. I can’t, I can’t deal with this situation.Rich Birch — In fact, actually, I’ve used this yeah as like an example when training campus pastors where I’m like, there’s, you know, when someone calls you with a crisis call like that, what you say in the first 30 seconds matters. Rebecca Maxwell — Yeah. Rich Birch — Like actually that, you know, even on the phone, you know, hey, you know, so what, what happens, talk to us from your perspective, what, what usually happens in that conversation or what, where, where could that go sideways? How do we, how do we end up maybe intentionally we’re trying, unintentionally we’re trying to help, but we, things just don’t go right because we do something dumb, you know, in the, in the first little bit.Rebecca Maxwell — Well, think all of us are problem solvers. And so we want to give someone a solution to the thing that they’re experiencing. Rich Birch — Right. Rebecca Maxwell — And so that’s where we can like well-intentioned, we can kind of drop people. Because if we too quickly try to just point them to a scripture or give them a truth, which is true, we can tell them some true things about who God is and, and where he’s working and those sorts of things. And again, it’s true. But sometimes in that moment, it’s not helpful. Rich Birch — Right.Rebecca Maxwell — Sometimes a person needs to get out a little bit more of what they’re experiencing and just have someone to bear witness to their pain, right? And we see this in the scripture. Jesus did this over and over where he he he spent that time with someone to kind of bear witness to their pain before he sent them in a different direction.Rebecca Maxwell — And obviously we need both of those. I don’t want people just swimming around in the pain forever either. That’s not helpful. But I do think we move too quickly sometimes when we get that first call. You know, we just want to solve that thing. Rich Birch — Yep.Rebecca Maxwell — And sometimes we just need to kind of slow down and the and give the ministry of presence.Rich Birch — What’s a good way, maybe maybe put a bit more kind of practical bones on that. I love that idea of the ministry of presence. Hey, we’re just going to, my job right now is just to be here with you. Talk us through what that looks like.Rebecca Maxwell — Yeah, I think it’s allowing someone to get their story out. And sometimes that’s not convenient because sometimes it’s long, you know.Rich Birch — Yep.Rebecca Maxwell — So to get their story out to and to be listening for the strengths and the positives that the person might be saying but isn’t quite aware of.Rebecca Maxwell — And actually…Rebecca Maxwell — you know, this, this happened yesterday to us. Rich Birch — Okay.Rebecca Maxwell — And so maybe like a story will help.Rich Birch — Yeah, yeah, that’s great.Rebecca Maxwell — Someone called in to our main office line and got one of actually my personal assistant, didn’t get the clinical admin, but got my personal assistant. And asked the question, if I kill myself, will I go to hell? Rich Birch — Wow.Rebecca Maxwell — Yeah. And my personal assistant knew enough to reach out to our team right away. And so I was able to help kind of walk her through what to do. And some of the things that I told her were just keep this person talking, right? Ask about their life, all aspects of what’s going on. Let them get their story out. Because what happens when we put words to our experience and someone bears witness to that is the emotions don’t have such a grip on us. They kind of relax a little bit.Rebecca Maxwell — And my assistant told me that as she was able to kind of just continue to keep this this woman talking, that she could just, over the phone line, experience kind of that release, that she got a little bit of relief, not ultimate relief…Rich Birch — Right.Rebecca Maxwell — …but a little bit of relief just in telling her story. And my personal assistant, I was able to walk her through listening for the strengths, listening for the positive things, that then you can come back around to. Not minimizing or negating the struggle, but bringing more balance to the truth. Because because then when they when they calm down and they’re more in their logical brain then you’re able to deliver truth in a way that they can grab onto. Rich Birch — That’s good. Right. Rebecca Maxwell — But when they’re heightened and they’re in such distress trying to kind of speak truth in that moment just kind of bounces off of them. Does that make sense?Rich Birch — Yeah. Yeah, there’s that moment of like it’s like that fight or flight thing that’s going on in our brain, right? Rebecca Maxwell — Yes. Rich Birch — Where we’re just like, I just want out of this situation… Rebecca Maxwell — Yeah. Rich Birch — …whatever’s happening to me… Rebecca Maxwell — Yes. Rich Birch — …and and none of us make, you know, wise decisions in those moments.Rebecca Maxwell — No.Rich Birch — Yeah, that’s, that’s, that’s amazing. How did your, well, first of all, like, I think all of our churches have got a call like that, maybe not exactly that one, but you get that call that’s like, whoa, this is, this is heavy. And particularly, yeah, so so how how did your, how did your assistant know what to do in that moment? How did you, like, that doesn’t, is that under other duties as assigned? How does, how did you, how are they prepared for that?Rebecca Maxwell — Well, I think one, she doesn’t have the clinical experience, but she is a believer and she’s walking with the Lord and she has the ultimate power source within her. So she knew to immediately start kind of praying in her spirit as she was talking.Rich Birch — Right. Right. Right.Rebecca Maxwell — And then she knew where to go. She knew who to call on.Rebecca Maxwell — And I think that that’s another important concept for church leaders is: Who are you going to call on in a crisis?Rich Birch — Yep.Rebecca Maxwell — When you are sitting with someone who is actively considering ending their life, or they’re just in a really, maybe they’re not at that point, but there’s they’re dealing with something else.Rich Birch — Right.Rebecca Maxwell — Who are you going to call on? You don’t, I tell church leaders, you don’t have to have all the answers. You don’t have to know exactly what to do and where to where to point people, but you have to know where to go to resource yourself. Rich Birch — Yep.Rebecca Maxwell — And that’s what my personal assistant knew. Rich Birch — Right. Rebecca Maxwell — She knew how to resource herself, how to get some help. And so I was able to, you know, she’s on the phone and I'm texting her questions and things like that… Rich Birch — Right. Okay. Rebecca Maxwell — …so she knew where to go. Yeah.Rich Birch — Yeah, that’s cool. You know, a best practice i’ve we’ve seen in many churches, ah but I’m surprised, I still am surprised that when I bumped into churches and they don’t have this, is like a resource list of like, here are some trusted counselors, some trusted people to talk about. Talk to us about that from your side. You’ve seen both sides of that equation. How do we develop a list like that? How do we how do we make that available? How do we how do we do that in a way that is most helpful for for our team, for maybe our staff, or for people who are just at our church.Rebecca Maxwell — Yeah, it takes a little bit of time, but there are resources in your community. You just have to find them, usually.Rich Birch — Right. Yep.Rebecca Maxwell — And there are some purely online resources as well. I think the first step is probably gaining some understanding of the different types of clinicians who are out there… Rich Birch — Right. Rebecca Maxwell — …and and what they’re best suited for, what issues they’re best suited for.Rich Birch — Right.Rebecca Maxwell — You may have someone in your congregation who is a counselor. And so that might be a good first step is to get them on board to help you create a vetted list to what should I be asking when I want to partner with someone?Rebecca Maxwell — Because it’s one thing to say, I’m a Christian and a counselor. It’s another thing to say, I am counseling from a biblical framework. I’m counseling from a biblical worldview. And so you know, understanding how to make that distinction, you know, someone in, in your congregation may, may have the ability to do that.Rich Birch — Right.Rebecca Maxwell — But just how to ask the right questions so that you can begin to build a resource list of, like I said, we are biblical worldview clinically, like informed. And so you, you want to have some people like that… Rich Birch — Right. Rebecca Maxwell — …because we are operating under the license of our state. We have a code of ethics that we’re following. We have oversight. And I think that’s really important. You also have biblical and pastoral counselors that are some are very, very well trained. But you need to understand like what that lane is… Rich Birch — Right. Rebecca Maxwell — …and what is a more clinically informed lane. And so, and a lot of people don’t have that understanding and rightfully so. Right? There’s so many different practitioners and we don’t, we don’t really know who has kind of what skills and what’s appropriate in their lane.Rich Birch — Yeah, absolutely. you got to do a little bit of research around even the language that’s used, you know, the difference between like a life coach and a counselor… Rebecca Maxwell — Right. Rich Birch — …and a therapist. Rebecca Maxwell — Right. Rich Birch — And, you know, like, and, you know, be a little bit suspicious of people if they’re like, hey, I want to get on that list. And are there any from your—give us the inside scoop—are there any red flags that you would have? Let’s say I’m reaching out, I’m talking to a number of therapists in my community and, if somebody says something or is there something that, you know, I want to be wary of, of, ohh I’m not sure we necessarily want to point people in their direction?Rebecca Maxwell — Yeah, I think this is a more subtle one. Rich Birch — Yep. Rebecca Maxwell — But I think when someone says I’m a Christian, but you know, I really don’t bring that into my practice at all. Rich Birch — You want to ask some follow-ups?Rebecca Maxwell — Yeah, let’s ask some follow’s ah some follow ups. Rich Birch — Yes. Yeah. Rebecca Maxwell — Because in general, and I’ll kind of expound on this particular one… Rich Birch — Yep. Rebecca Maxwell — …regardless of what the clinician’s faith background is, we are trained to um to bring up a person’s spiritual part of self as part of holistic practice.Rich Birch — Right.Rebecca Maxwell — Unfortunately, a lot of clinicians are just leaving that part out completely. Rich Birch — Okay. Yep. Rebecca Maxwell — Because of politics and taboos and, you know, and we don’t want to get in trouble sometimes with our our licensing boards, right? Rich Birch — Right.Rebecca Maxwell — But we are all trained to see a person holistically. And we would, in in my field, we would say bio, psycho, social, spiritual—biological, psychological, social/relationships, and spiritual. But we’ve we’ve kind of left out the spiritual. And so, we should all, no matter whether you’re a Christian or not, we should all be asking and inquiring about a patient’s spiritual life. Rich Birch — Right.Rebecca Maxwell — And that’s a really easy open door. So if someone says, you know, I’m such and such, but I don’t…you know, I really don’t bring that up and in counseling at all. I understand that they’re afraid to, and there’s, I understand.Rich Birch — Right.Rebecca Maxwell —But you really want a clinician who’s not afraid to inquire more generally about a person’s spiritual life.Rich Birch — Right. Right.Rebecca Maxwell — And I think that’s a big one.Rich Birch — Yeah. And the combo of doing that in a licensed environment, you know, so you’re getting kind of the best of both worlds there really makes a lot of sense. Like, Hey, were, you know, I understand why, you know, that makes, that makes sense. That’s a good, that’s a good line there. Rich Birch — So kind of a different, it’s related, but different train of thought. I know there are churches out there that have like a, a negative view on on like mental health… Rebecca Maxwell — Yeah. Rich Birch — …on mental illness, on counseling in general. They they it gets really black and white. And they’re it’s like, like I have a family, yeah, I have a family member who their pastor told them, you know, it’s just totally a sin issue and like andRebecca Maxwell — Yes.Rich Birch — They had been struggling with issues for a long time. And, you know, that was a huge weight on their on their life… Rebecca Maxwell — Yeah. Rich Birch — …that they carried, you know, for a well into their kind of 80s, late into life. And talk to us, unpack that for us. Like I think that’s just a dangerous approach, but help us and understand that mindset. Why is that dangerous? What’s behind that instinct?Rebecca Maxwell — I think that I think the instinct is probably good that the Bible gives us everything we need for life and godliness.Rich Birch — Right.Rebecca Maxwell — And I think sometimes it’s just potentially a misinterpretation of just a holistic understanding heart, soul, mind, and strength of a person. That the mind…because in Deuteronomy, it, it, it doesn’t say heart, soul, mind, and strength that comes in Jesus words in, Mark. And I think also Luke, But in Deuteronomy, it’s heart, soul, strength. And so mind is not broken out in that original text.Rebecca Maxwell — And then I believe that it is broken out and listed in the New Testament because I really think Jesus wanted to highlight that. And we see, I mean, the mind is talked about about 180 times in the New Testament. And so it’s a really important aspect of us.Rebecca Maxwell — And so think that unintentionally the mind is not considered distinctly and is maybe not seen as an object of brokenness and illness in the same way, right? Like we see, obviously we see if the pancreas doesn’t work properly, we have diabetes, right?Rich Birch — Right.Rebecca Maxwell — Or we get cancer and obviously that’s not our fault. But the mind is the thing we have the most control over. And so think people think that that’s just a sin issue. You just need to stop or do something differently. And we don’t have the full understanding, especially because science is still understanding the interplay between the mind and the physical brain… Rich Birch — Right. Rebecca Maxwell — …and how they interact with each other. And so I just don’t think a lot of people have kind of caught up with understanding that, you know, that is a distinct part of self that can be broken, just like the body can be broken.Rich Birch — Right. Just like having a broken leg or whatever. Rebecca Maxwell — Right.Rich Birch — Yeah, and that I think that’s a great that is a great transition to, you’ve actually written a book on this that I’d love to unpack a little bit. You use this you know whole self integration—heart, soul, mind, and strength. It’s kind of at the core of what you’re talking about. Why don’t you walk us through that framework a little bit more? The book we’re talking about is “Jesus and Your Mental Health: Linking God’s Word and Modern Science to Find Peace about Mental Health”.Rich Birch — I would love people to pick up copies of this. We’ll get to that in a bit, but kind of unpack how that those four inform the framework of the conversation in this book.Rebecca Maxwell — Yeah, so it’s really like setting our thinking on holistic health and putting mental health right inside the framework of whole self. So we do things to, we do things to help our physical health and our spiritual health and our relational health. And so we probably ought to be thinking about the health of our mind. You know, again, it’s mentioned 180 times plus in the New Testament.Rich Birch — Wow.Rebecca Maxwell — So it must be pretty important, this renewing of our mind and how we go about that. And this idea that we’re integrated. So our mind impacts our body, impacts our soul, and our soul impacts our body, impacts our mind, impacts our relationships. Like it’s all integrated. Rich Birch — Right.Rebecca Maxwell — And we can utilize some of the healthy habits of the other three parts to help our mind. And we can utilize this thing we have control over our mind to impact the other parts of self. And we know this just anecdotally in our own lives, right? Like very simple things like when my dad taught me to throw a softball, he had me point at the target and direct my body… Rich Birch — Right. Rebecca Maxwell — …and my mind and my eyes in that direction. And then the ball went there. Rich Birch — Right. Rebecca Maxwell — Well, we can use that concept, you know, in all of mental health, you know, where we direct our mind, the rest of us follows.Rebecca Maxwell — And so really just understanding that integration and how we can use it for the common good and not, not separating this mental health and continuing to stigmatize it as, you know, sin just a sin problem. I think that’s where we go wrong, is that if you have and a malady of the mind, it’s really a sin problem. Sometimes it is. Rich Birch — Right, right. Rebecca Maxwell — But it’s a little more complicated than that as well.Rich Birch — Right. Yeah, it it seems like there’s a false dichotomy in a lot of leaders’ minds around, um well, it’s exactly were talking about, Bible and psychology, Bible and therapy. Like there’s there’s like those two things can’t interact with each other. Which which side of that equation do you experience more? Like, is it more from like church leaders that are skeptical or is it more from maybe leaders who are from outside the church who you’ve mentioned this already, who don’t pursue kind of the spiritual conversation? Which of those do you see? Cause I can see it from both sides where I’m like, oh, I could see on both sides of that conversation.Rebecca Maxwell — Absolutely.Rich Birch — People are like, and then we’re not meeting in the middle. And that’s why it’s great that you exist and why your organization exists. So, uh, talk to us about where do you see the pressure more from?Rebecca Maxwell — I really see it on both sides, honestly… Rich Birch — Right, right. Rebecca Maxwell — …just kind of like you’re describing, you know. Secular psychology really wants to leave out, you know, spirituality and um any, any, really any firm truth, you know, absolute truth.Rich Birch — Right, right.Rebecca Maxwell — And then the church, because of that, a lot of times just in general, we’ll be like, well, we got to throw all of that away because it’s not useful at all.Rich Birch — Right, overreact.Rebecca Maxwell — And I just, I don’t, I don’t think that’s helpful. We, we utilize science, scientific concepts in our everyday life. And so we, you know, we need to find the the good and the truth in what, you know, research based psychological science is showing us because there is some common good there, just like there is in, you know, other discover scientific discoveries.Rich Birch — Well, I I think this is a great resource. I’m so glad you’ve put this book together. And I’d love to talk about how you could see it being used. I know for me, and we’ll link in the show notes actually to a sample of the book. So you can, you don’t even have to buy anything. Just look at the sample to start before you buy it. I so I thought this could be a great resource for us as like a staff team to read through as kind of like a, hey, here’s like a primer on some of these issues for us to be thinking about, even just to kind of frame the conversation to be thinking about these things.Rich Birch — Who are you picturing as you put this together? What’s what’s your kind of vision for how you hope this resource will be used by churches?Rebecca Maxwell — Yeah. When I wrote the book, I was picturing someone kind of like me and my friends who are, you know, love the Lord, love their families, are trying to help their families live in health in all aspects of their life. And as I was writing it, what I realized with also some prompting of my pastor was that this could be a really great resource for equipping churches.Rebecca Maxwell — The very people that I wrote it for, the mamas, you know, in that are serving in the church and very involved, but also church staff and volunteer leaders, because what I’m trying to give people is really a grounding for how to think about mental health and mental illness from a suffering, you know putting it in like a suffering standpoint. And then equipping them with a ton of scripture to back up the understanding of the mind and the brain and how to have a healthy mind, what happens when the mind isn’t healthy and then some common both some common roots of mental illness, including trauma and family of origin issues, and then some, some really common problems in the area of mental health, anxiety, depression, grief, and loss, so that people can be equipped with a resource that they can hand to someone, or they can say, Hey, read chapter seven on anxiety… Rich Birch — Right. Rebecca Maxwell — …you know, and someone is going to get a biblical understanding of where anxiety shows up in the scripture. How Jesus shows up in that? What are some practical ways that psychological science gives us to deal with that? What does the Bible say about how to deal with that? And let’s kind of put all of these things together.Rebecca Maxwell — So they’re really going have both just under an understanding of grounding in mental health and also some practical ways to address those issues. And then really ending with like, hey, how do you know when you need more help than what this book can give you?Rich Birch — That’s good.Rebecca Maxwell — And how do you find the right person to help you?Rich Birch — Yeah, it’s fantastic. Yeah, there’s, you know, just even as I’m flipping through looking at the chapters, like just so much helpful stuff in here, identity and self-esteem. Who does Jesus say I am? Attachment. How did my childhood impact my relationship? Trauma. That’s a word we hear all the time. Rebecca Maxwell — Yeah.Rich Birch — Where is Jesus when that happened? And I think there’s just, this is gonna be so helpful for so many leaders to check out and and to and to use as a resource.Rich Birch — I think this is the kind of book, like you said, I could picture, hey, I got five copies of this and I’m gonna end up in a conversation where it’s maybe not somebody that’s in like an immediate crisis right now, but they maybe their kid is wrestling with these issues. And on top of, yes, I’ll meet with them, I’ll pray with them. And yes, here’s the list of counselors, but like, here’s a book to read as well to help you think through this. I think this could be incredibly helpful for people.Rebecca Maxwell — I hope so. Yeah.Rich Birch — Yeah, where where do where can people get, if they want to get copies of this book, where do we want to send them to pick up copies of this?Rebecca Maxwell — Yeah, anywhere books are sold online. So Amazon and Barnes and Noble, Walmart, Target, places like that. And folks can reach out to me about getting like bulk copies. Rich Birch — Oh, great.Rebecca Maxwell — They may already have places they get bulk books, but they can reach out to me to get that. I have some other resources like discussion guides that I am happy to give if people reach out to me – discussion guides and other just resources for folks that maybe, I’ve had a bunch of people reach out because they want to kind of do a book study with their disciple group or things like that.Rich Birch — Right. Rebecca Maxwell — So, you know, my goal really is to equip the church. I want the church to be the the trusted source where people can come to and begin a healing journey. And so I think this will help equip people in the church, both, you know, paid staff and lay leaders to to really help people.Rich Birch — If people want to reach out to you, where where do we want to, where do we do that? Where do we want them to do that to? To reach out to you?Rebecca Maxwell — Yeah, the best is probably my website, JesusAndYourMentalHealth.com.Rich Birch — Love it. That’s great. I want to talk about that trusted source idea that you just referenced there. This conversation is a conversation that’s happening in the broader culture. It’s just happening, right? Rebecca Maxwell — Yes. Rich Birch — Like it’s, you you know, you open up, I read The Economist all the time. Every week in The Economist, there’s some sort of article that is, if not directly talking about this, it’s connected to it. What happens when the church in general just stays silent on the mental health issues? What happens if we if we don’t engage this? Kind of inspire us a little bit.Rebecca Maxwell — Yeah, well, there’s a lot of noise. And so people are going to go to TikTok and Instagram and even ChatGPT…Rich Birch — Right. Yes.Rebecca Maxwell — …to get there their information. And they’re not always going to get biblically informed information. Rich Birch — Right. Rebecca Maxwell —And that’s why it’s so important that we’re equipped because people are coming to churches more and more for practical guidance on the stuff that they’re actually going through. Rich Birch — Yep.Rebecca Maxwell — And the Bible is not silent on the practical stuff. And so we want to be well-equipped to go to the scripture with them and to point them in the right direction and to give them some kind of guardrails and guidance for finding help. Otherwise, it’s like you’re kind of floating out in this sea of information. I wouldn’t even say knowledge or wisdom, but information.Rich Birch — Yes.Rebecca Maxwell — And you don’t really know where to anchor.Rich Birch — Bullet points. Checklist. Yes. Yes. Five steps to.Rebecca Maxwell — Right.Rich Birch — Yeah, that’s yeah, that’s ah yeah, that’s so good. It’s interesting on the AI thing. There’s but bunch of studies that have shown that’s really the primary use how people are using ChatGPT, particularly. They’re using it as like a counselor.Rebecca Maxwell — Yeah.Rich Birch — And um I I mean, there’s like that’s dangerous. So it’s incredible. Well, this has been a great conversation. Any kind of final words you’d say as we wrap up today’s discussion?Rebecca Maxwell — Yeah. You know, kind of, I think the thing I want to leave people with is a little bit of where we started in the beginning, which is managing crisis. Something that’s really, I think, important for anybody working with people is to get trained in how to prevent suicide. And there is a training called QPR instead of CPR. Rich Birch — Yeah, let tell us about this. Yeah, yeah, tell us about this. Yep.Rebecca Maxwell — It’s QPR question, persuade, respond. And it’s like an hour long, maybe 90 minute online training or anyone that works with people can be trained in how to basically do CPR for people that are having a mental health crisis that could literally save lives. And the skills that are taught in that are transferable to people that aren’t in crisis. Rebecca Maxwell — And so that’s the thing I mostly want to leave. Like there’s a lot of information to be found. And obviously I would love people to get my book, but I really want everyone that works with people to be trained in how to respond to people who are having a mental health crisis, how to know what to say, how to persuade them to get help. I think that, you know, we could, we’re, we could really save lives there.Rich Birch — Yeah, that’s, that’s, how do we go about finding QPR training? Like if we, I think this is, again, what a great takeaway. You’ve landed this great takeaway right here at the end, even for our staff teams. Let’s get that on our schedule. Rebecca Maxwell — Totally.Rich Birch — Like I I think about the people that are answering the phone at the church. I’m like, I was thinking about that earlier when you were talking about your assistant. I'm like, man, I want to make sure that they get the kind of training because, you know, I don’t want to fumble that ball. So where, where do we, where would people find training this QPR training?Rebecca Maxwell — Yeah. You can find them online. I think it’s qpr.org, but I’m kind of looking it up as we speak because I’m like, dang it, I should have had that reference.Rich Birch — Right. Yep. Sure. Yeah. Yeah. ahRebecca Maxwell — QPR.Rich Birch — No, no, that’s okay.Rebecca Maxwell — It’s QPR. qprinstitute.com Rich Birch — Perfect. QPR Institute.com. Rebecca Maxwell — qprinstitute.com Rich Birch — Great. Perfect. That’s, that’s fantastic. Well, Rebecca, I really appreciate you being on today and helping us serving us. I want to make sure folks, again, the name of that book is “Jesus and Your Mental Health: Linking God’s Word and Modern Science to Find Peace about Mental Health”. Grab that at Amazon or Barnes and Noble. We’ll put links in the show notes to that. We’ll put links in the show notes to your website, anywhere else we want to send them online so they can track with you or with the book?Rebecca Maxwell — Yeah, our our practice website is jacksonvillecounseling.net. Rich Birch — Perfect.Rebecca Maxwell — So we only really can practice in Florida, Texas, Colorado. That’s where we have.Rich Birch — Yes.Rebecca Maxwell — But we do have a blog, a mental health blog on there. I have a podcast called Jesus and Your Mental Health. So those are some other resources just, you know, to get more information about mental health concepts. You know, we all love a good podcast and bite-sized learning on something. Rich Birch — Yes.Rebecca Maxwell — So those are a couple couple couple extra things for folks.Rich Birch — Well, Rebecca, I appreciate you being here today. Thanks so much for being on the show.Rebecca Maxwell — Yeah. Thanks, Rich.

We are joined by Harvard researcher, author of The Win-Win Workplace, and founder of Future Forward Strategies, Dr. Angela Jackson, to discuss how organizations can redesign work to strengthen both employee well-being and business performance.  Backed by research across more than 1,700 companies, Dr. Jackson makes a clear, data-driven case for human-centered leadership. She reveals how organizations that invest in employees through practices such as centering worker voice, reimagining benefits, and fostering inclusive innovation see improvements not only in employee morale but also in performance. These strategies directly impact retention, engagement, and long-term financial success, reframing well-being as business-critical, not optional.  Dr. Jackson shares how understanding employees' lived realities, such as caregiving responsibilities and access to childcare, directly impacts retention and performance. She offers a concrete example of a company that introduced on-site childcare after identifying it as a key barrier for employees, resulting in a 98% retention rate among women during the pandemic.  Dr. Angela Jackson is a leading voice on the future of work and CEO of Future Forward Strategies, a labor market intelligence firm focused on helping organizations grow through continuous learning and innovation. A lecturer and researcher at Harvard University, she equips executives with practical strategies to build high-performing workplaces that strengthen engagement, productivity, and long-term growth. Her work has appeared in Harvard Business Review and Stanford Social Innovation Review, and she is frequently featured in The New York Times, Forbes, The Wall Street Journal, Fortune, BBC, and The Economist. She has spoken at TED, South by Southwest, and ASU GSV. Previously, Dr. Jackson was managing partner at New Profit, where she launched the Future of Work Grand Challenge, reskilling 25,000 workers into living-wage jobs. She began her career in global leadership roles at Viacom and Nokia. Her debut book, The Win-Win Workplace, is a New York Times bestseller.  Tune in for real-world examples that shift toward more inclusive, responsive, and adaptive workplace cultures where well-being, performance, and innovation are mutually reinforced.

It's the economy, stupid! Rising prices, stagnant wages, and poor job growth affect everyone, and everyone is quick to notice when the economy isn't performing well. But these are not insoluble problems, and in fact, economists have been shouting the solutions from the rooftops for decades, if only somebody would listen. Matt Kibbe is joined by James Harrigan and Antony Davies, hosts of the "Words and Numbers" podcast, to bemoan the fact that every new generation forgets the economic lessons of the past. Like Sisyphus doomed to roll a stone uphill forever, it is the curious task of economists to keep explaining that you can't bring about prosperity through high taxes, restricted trade, deficit spending, and endless money printing. It's not all bad news, however, as "Words and Numbers" will now be distributed by Free the People, giving more people the opportunity to separate economic sense from nonsense!

Harvard economist Raj Chetty has spent his career studying the geography of opportunity. That is, which communities in America give kids the best shot to get out of, and stay out of, poverty.

A wealth tax on the very richest people in our society has never been more popular. Recent polling puts the plan at 90% approval, a figure almost unheard of for any policy proposal. This week's guest, Gabriel Zucman, is a French economist who has done the most comprehensive work on what such a tax could accomplish. And he’s also a key inspiration for the UK's leading wealth tax advocate – and friend of the show – Gary Stevenson.

Get EXCLUSIVE BONUS MATERIAL from this episode, the truth behind the dreaded Creinin study, when you sign up for our newsletter: 

This week, we're revisting one of our favorite episodes from last year, focusing on the role of play at work. All children play but, over time, that instinct goes away. We don't lose it, we don't forget. Instead, we get taught to stop. For author and toy designer Cas Holman, that's a problem. With a very real impact on business performance. In this episode of The Mindtools L&D Podcast, Cas joins Ross G and Gemma to discuss: how traditional workplaces surpress play the business benefits of play at work how to encourage play when your organization won't tolerate it. You can find out more about Cas and her book Playfulness at casholman.com/book. You can also see her in the Netflix series Abstract: The Art of Design. In 'What I Learned This Week', Ross discussed peculiar experiments involving moths, via The Economist. For more from Mindtools Kineo, visit  our website mindtools-kineo.com. There, you'll find out how we can help your organization build AI skills, and how our Skills Practice scenarios help build human skills. Connect with our speakers If you'd like to share your thoughts on this episode, connect with us on LinkedIn: Cas Holman Ross Garner Gemma Towersey

The neuroscience of human connection: your nervous system is picking up other people's signals all day without your knowledge. Here's how to use that. Journalist Kate Murphy's eclectic essays and articles for The New York Times, The Wall Street Journal, The Economist, Agence France-Presse, and Texas Monthly have been shared and commented on by millions. She is known for her fresh and accessible style and ability to distill complex subjects, particularly the science behind human interactions. Her first book, You're Not Listening: What You're Missing and Why It Matters, was published in thirty-two languages and has become required reading in interpersonal communication courses at high schools, colleges, and universities worldwide.  In this episode we talk about: What "interpersonal synchrony" is and the science behind it Why some people just click — and others don't How individualism and technology are working against our need to connect What "affective presence" is –– and how much you can actually change your vibe Interoception – and why you need to understand your own body before you can read others The dark side of synchrony: emotional fusion and borrowed emotions Why audio-only calls are better than Zoom for real connection How physical distance controls your ability to sync "Emotional aperture" — how to read a room like a trial lawyer The secret to bonding with other people Get the 10% with Dan Harris app here Sign up for Dan's free newsletter here Follow Dan on social: Instagram, TikTok Subscribe to our YouTube Channel Additional Resources:  Why We Click: The Emerging Science of Interpersonal Synchrony Join Dan, Sebene Selassie, and Jeff Warren for Meditation Party, a 3-day immersive retreat at the Omega Institute in Rhinebeck, NY, October 16–18. Grab your in-person spot here, or sign up to livestream here! This episode is sponsored by: Spark — Clean energy and focus with zero sugar. Get 30% off and free shipping with code HAPPIER at https://www.drinkspark.com. BetterHelp — Online therapy, matched to your needs. Get 10% off your first month at https://www.betterhelp.com/happier. To advertise on the show, contact sales@advertisecast.com or visit https://advertising.libsyn.com/10HappierwithDanHarris

What do we mean by a “good book”? Some people choose a holiday read that demands time and attention. Others pick rip-roaring novels that require little thought. Our bookworms discuss whether art has to be improving to be praiseworthy, and give genre fiction some much-needed air time. This is a full list of the books mentioned in the show:“Pride and Prejudice” by Jane Austen“Red Rising” by Pierce BrownJack Reacher series by Lee Child“The Hunt for Red October” by Tom Clancy“Riders” and the other Rutshire chronicles by Jilly CooperDungeon Crawler Carl series by Matt Dinniman“Middlemarch” by George Eliot“Ulysses” by James Joyce“Wolf Hall” by Hilary Mantel“The Diamond Age” by Neal StephensonThe Murderbot series by Martha Wells “The Martian” by Andy Weir“American Wife” by Curtis SittenfeldGuests and host:Catherine Nixey, culture and Britain correspondentTom Standage, Economist deputy editorAlexandra Suich Bass, culture editorAlex Hern, AI writerRosie Blau, host of “The Intelligence”Topics covered: Fiction, romance, sci-fi, crime, thrillers, fantasy, romantasyJane Austen, Jilly Cooper, Curtis Sittenfeld, Lee ChildMatt Dinniman, Pierce Brown, Neal StephensonListen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

What do we mean by a “good book”? Some people choose a holiday read that demands time and attention. Others pick rip-roaring novels that require little thought. Our bookworms discuss whether art has to be improving to be praiseworthy, and give genre fiction some much-needed air time. This is a full list of the books mentioned in the show:“Pride and Prejudice” by Jane Austen“Red Rising” by Pierce BrownJack Reacher series by Lee Child“The Hunt for Red October” by Tom Clancy“Riders” and the other Rutshire chronicles by Jilly CooperDungeon Crawler Carl series by Matt Dinniman“Middlemarch” by George Eliot“Ulysses” by James Joyce“Wolf Hall” by Hilary Mantel“The Diamond Age” by Neal StephensonThe Murderbot series by Martha Wells “The Martian” by Andy Weir“American Wife” by Curtis SittenfeldGuests and host:Catherine Nixey, culture and Britain correspondentTom Standage, Economist deputy editorAlexandra Suich Bass, culture editorAlex Hern, AI writerRosie Blau, host of “The Intelligence”Topics covered: Fiction, romance, sci-fi, crime, thrillers, fantasy, romantasyJane Austen, Jilly Cooper, Curtis Sittenfeld, Lee ChildMatt Dinniman, Pierce Brown, Neal StephensonListen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

Geoffrey Cain is an award-winning American journalist and author, writing about geopolitics, national security, and technology. His work has been featured in The Economist, Time, Wired, and The Wall Street Journal. He is a regular commentator on Bloomberg TV, BBC, CNN, and NPR. Cain served as an advisor to the United States House Foreign Affairs Committee, a term member of the Council on Foreign Relations, was a former senior fellow for advanced critical emerging technologies at Foundation for American Innovation and was a visiting senior fellow at the GeoTech Center at the Atlantic Council. His books include Samsung Rising, The Perfect Police State, and most recently-- Steve Jobs in Exile. Learn more at https://geoffreycain.net/. This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian. This material contains the current opinions of the speakers but not necessarily those of PAS, Guardian or its subsidiaries and such opinions are subject to change without notice. None of the organizations mentioned in this podcast have any affiliation with Guardian or PAS. Bryan Kuderna is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 50 Tice Blvd. Woodcliff Lake, NJ 07677 (973)244-4420. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Kuderna Financial Team is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License #OK04194    #8948580.1 exp. 5/28  

In this episode, i sit down with CMHC Economist Francis Cortellino to discuss the Montreal housing market outlook for 2026 and what buyers, developers, and renters should expect in the year ahead.We explore interest rates, housing affordability, rental market trends, real estate development, immigration, housing supply, and the future of condominium and multifamily construction in Montreal.If you want to better understand where the Montreal real estate market is heading in 2026, this episode provides valuable insights for homeowners, first-time buyers, real estate investors, entrepreneurs, and anyone interested in housing and economic trends.Francis Cortellinowww03.cmhc-schl.gc.ca/hmip-pimh/en#Profile/1/1/CanadaFrancis Cortellino - Société Canadienne d'Hypothèques et de Logement | LinkedInMy Men Richard/Richard Lesperance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠richard.lesperance@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linkedin.com/in/richardlesperance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@mymenrichard⁠

Today, Newscast is looking reports that the UK proposed establishing a single market for goods trade with the EU as part of the next phase of its Brexit reset. Plus, two weeks on from the results, what have the elections meant for Wales?Adam is joined by Zanny Minton Beddoes, editor of the Economist and Felicity Evans, host of Walescast live at the Hay book festival. Plus Emma Freud, host of The Archers Podcast drops by to compare shows.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscordGet in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Anna Harris. The social producer was Gabriel Purcell-Davies. The technical producers were Lewis Allsopp and Darren Wardrobe. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.

Elon Musk has launched the largest stockmarket listing in history. The accompanying space mission remains grounded. Our correspondent weighs SpaceX's extraordinary ambitions. The Republican party trades on its masculine image, but some young men are turning away. And, after a blind tasting 50 years ago unleashed a new wave of wine drinking, the market is drying out.Watch extended clips from Insider hereGuests and host:Tim Cross, senior science writerRobert Guest, Economist deputy editorAlexandra Suich Bass, culture editorRosie Blau, co-host of “The Intelligence”Jason Palmer, co-hosts of “The intelligence”Topics covered: SpaceX, Starlink, XAI, Elon MuskDonald Trump, Republicans, masculinityWine, Judgement of ParisListen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.  Hosted on Acast. See acast.com/privacy for more information.

Elon Musk has launched the largest stockmarket listing in history. The accompanying space mission remains grounded. Our correspondent weighs SpaceX's extraordinary ambitions. The Republican party trades on its masculine image, but some young men are turning away. And, after a blind tasting 50 years ago unleashed a new wave of wine drinking, the market is drying out.Watch extended clips from Insider hereGuests and host:Tim Cross, senior science writerRobert Guest, Economist deputy editorAlexandra Suich Bass, culture editorRosie Blau, co-host of “The Intelligence”Jason Palmer, co-hosts of “The intelligence”Topics covered: SpaceX, Starlink, XAI, Elon MuskDonald Trump, Republicans, masculinityWine, Judgement of ParisListen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.  Hosted on Acast. See acast.com/privacy for more information.

Virtually every major war begins under false pretenses. German economist Richard Werner explains what the current global conflict is actually about. (00:00) The Effect of Propaganda in Wartime (11:52) The Return of Total War (53:28) Is There Danger of Japan and China Collaborating? (1:07:51) China's One-Child Policy and Anti-Population Growth (1:18:17) The Great Deception Richard A. Werner is an Oxford- and LSE-educated economist, professor of banking and finance, and internationally recognized expert on central banking and monetary policy. He is best known for coining the term “Quantitative Easing” in 1995 and for his bestselling book Princes of the Yen. Over a 30-year career, Werner has advised governments, central banks, pension funds, and major global financial institutions. His research on banking, credit creation, and financial crises has become some of the most widely downloaded academic work in the world, making him a leading voice on economic reform and the global economy. Paid partnerships with: Black Rifle Coffee: Promo code "Tucker" for 30% off at https://www.blackriflecoffee.com StopBox USA: Get firearm security redesigned and save 10% off @StopBoxUSA with code TUCKER at https://stopboxusa.com/TUCKERGood Ranchers: Start your plan today and you'll get FREE meat included with every order PLUS $100 off your first three orders. Use code TUCKER at https://go.goodranchers.com/tucker Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us Fan MailBall Watching hosts, Jake Koenig and Justin Graham, continue their "Road to '26" interview series with the ultimate insider—the longest-serving President in the history of U.S. Soccer and current Senior Lecturer of Economics at Columbia University, Sunil Gulati. Known as "The Leader" of the modern American soccer infrastructure, Sunil's reign saw the sport take its most significant strides in our nation's history. From the "soccer in a desert" era to spearheading successful World Cup bids, he has quite literally lived it all.We challenge the professor with some analytical rigor and dive deep into his legacy, covering:The 1994 vs. 2026 Contrast: How the global "sales pitch" changed from an era when the American soccer market was purely theoretical to the reality of the upcoming World Cup.The Economist's Lens: The exact economic hurdles and incentive structures that had to be cleared during the early days of MLS and the professionalization of the USSF.Highs & Lows of the Presidency: The proudest moments watching the USWNT reach legendary status, the true directive behind hiring Jurgen Klinsmann, and a candid look back at how the trying times of the 2017 collapse in Trinidad changed his view on player development.Aspirations for 2026: What a "successful" tournament actually looks like for this country on July 20th, 2026, beyond just the performance on the pitch.Whether you want to understand the business behind the beautiful game or get a masterclass in where American soccer has been and where it's going, this is an episode you cannot miss.Follow the show on X and/or Instagram (@BallWatchingSTL)! Find our guest interviews and all episodes in video form on YouTube by searching https://www.youtube.com/@ballwatchingSTL. Be sure to hit subscribe and turn notifications on!Hoffmann Brothers is the 2025 presenting sponsor of Ball Watching! Headquartered right here in St. Louis for over 40 years, Hoffmann Brothers is a full-service residential & commercial provider, providing Heating, Air Conditioning, Plumbing, Drains, Sewer, Water Heaters, Duct Cleaning, Electrical and Appliance Repair services. Visit them online at hoffmannbros.com!Make The Pitch Athletic Club & Tavern (thepitch-stl.com) your St. Louis CITY SC pregame and postgame destination for all your food and drink needs! Tell them your friends at Ball Watching sent you... Shop in-store or online at Series Six (seriessixcompany.com) and receive a 15% discount  on all orders storewide using code "BALLWATCHING" at checkout!

Who is the real Kevin Warsh? Having been sworn in as the Fed's 17th chair, the Warsh era at the FOMC has begun. But with inflation proving sticky and Fed independence under the microscope, how will he balance the committee's dual mandate? What might he do differently than his predecessor, Jerome Powell? And how will he handle President Trump? On this episode of Making Sense, Alexa Hanelin talks to Michael Feroli, J.P. Morgan's chief U.S. Economist, to forecast the path of the Fed and examine what may be in store at the June FOMC meeting and beyond. This episode was recorded on May 22, 2026.  This communication is provided for information purposes only. Please visit www.jpmm.com/research/disclosures for important disclosures. JPMorgan Chase & Co. or its affiliates and/or subsidiaries (collectively, J.P. Morgan) normally make a market and trade as principal in securities, other financial products and other asset classes that may be discussed in this communication. This communication has been prepared based upon information from sources believed to be reliable, but J.P. Morgan does not warrant its completeness or accuracy except with respect to any disclosures relative to J.P. Morgan and/or its affiliates and an analyst's involvement with any company (or security, other financial product or other asset class) that may be the subject of this communication. Any opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of future results. This communication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. J.P. Morgan Research does not provide individually tailored investment advice. Any opinions and recommendations herein do not take into account individual circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments or strategies. You must make your own independent decisions regarding any securities, financial instruments or strategies mentioned or related to the information herein. Periodic updates may be provided on companies, issuers or industries based on specific developments or announcements, market conditions or any other publicly available information. However, J.P. Morgan may be restricted from updating information contained in this communication for regulatory or other reasons. This communication may not be redistributed or retransmitted, in whole or in part, or in any form or manner, without the express written consent of J.P. Morgan. Any unauthorized use or disclosure is prohibited. Receipt and review of this information constitutes your agreement not to redistribute or retransmit the contents and information contained in this communication without first obtaining express permission from an authorized officer of J.P. Morgan. © 2026, JPMorganChase & Co. All rights reserved.

When I was in my teens, I remember watching a biopic on famed Indian mathematician from the early 1900s - Ramanujan. He was often saying “There's so much to do yet so little time.” He'd work for 30 hours at a stretch and slept for 20. He discovered nearly 4,000 equations + formulas and died at the prime age of 32.  Why do I bring him up? Because he wanted more time to achieve his goals in life which gave him a sense of fulfillment and happiness. As many of us do. But consider this. Why are the happiest people on earth either babies or the elderly enjoying their sunset years? It doesn't have to be that way. And my guest today, Professor Cassie Holmes, Phd is extremely knowledgeable on the subject. She's going to enlighten us about her research backed by case studies and science on how to be truly happy, feel content with the time we have, and will even provide strategies we can apply to lead a purposeful, meaningful life.  Cassie Mogilner Holmes is a professor at UCLA's Anderson School of Management. Trained as a social psychologist, she earned her PhD at Stanford's Graduate School of Business and her BA at Columbia. An award-winning teacher and researcher on the role of time in cultivating happiness and satisfaction in life, Holmes's work has been widely published in lead academic journals and featured in outlets such as NPR, the Economist, the Atlantic, the New York Times, the Wall Street Journal, and the Washington Post. Happier Hour is her first book. She lives in Los Angeles with her husband Rob and their children Leo and Lita.  Meet My Guest: WEBSITE: ⁠CassieHolmes.com⁠ LINKEDIN: ⁠/cassieholmes⁠ Press: WSJ.COM: ⁠Bestselling Books Week Ended January 7 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we are joined by Shelly Antoniewicz, Chief Economist at the Investment Company Institute (ICI), for a data-rich exploration of the modern fund industry. Shelly walks us through the staggering scale of global regulated funds, how ETFs and mutual funds shape capital allocation, and why the rise of indexing may not be as disruptive as critics fear. We discuss the growth of ETFs versus mutual funds, increasing concentration among large fund sponsors, and how financial advisors are reshaping portfolios around low-cost investment products. Shelly also explains why fund fees keep falling, how 401(k) plans have democratized investing for middle-class households, and why investor choice remains central to healthy capital markets. Along the way, we unpack active ETFs, intraday liquidity, interval funds, private credit exposure, and the evolving role of retail investors in financial markets.   Key Points From This Episode: (0:00:00) Introducing Shelly Antoniewicz and the role of the Investment Company Institute.  (0:01:14) The Investment Company Fact Book and why it has become a foundational resource for fund industry data.  (0:03:31) Regulated funds globally now account for roughly $88 trillion in assets.  (0:04:47) The U.S. market contains nearly 17,000 investment companies across mutual funds, ETFs, and related structures.  (0:05:40) U.S. equity funds alone hold roughly $27 trillion in assets.  (0:06:52) More than half of mutual fund and ETF assets are now in index strategies.  (0:07:40) Why index funds still represent only a minority share of the overall U.S. stock market.  (0:09:48) What academic research says about indexing's impact on price discovery and market efficiency.  (0:13:10) There are nearly 770 fund sponsors in the U.S., though industry concentration continues to rise.  (0:13:42) ETF sponsors experienced enormous inflows in 2025, with 90% receiving net new cash.  (0:15:23) Why the largest fund complexes now control a much larger share of industry assets.  (0:16:06) Compliance costs and regulation as drivers of industry consolidation.  (0:17:31) Falling expense ratios as evidence that the industry remains highly competitive.  (0:19:28) How investor flows often reflect rebalancing behavior rather than performance chasing.  (0:22:32) Why ETF investors highly value intraday liquidity, even if most do not actively trade.  (0:23:27) Research on ETF trading behavior among younger investors and retail participants.  (0:27:11) The massive shift from actively managed U.S. equity mutual funds toward indexed products.  (0:27:51) How financial advisors increasingly use model portfolios built around ETFs.  (0:31:20) Why active ETFs exploded in popularity after the ETF rule streamlined launches.  (0:32:31) The growing distinction between ETF wrappers and investment strategies themselves.  (0:33:05) Leveraged and niche ETF products, investor choice, and financial education.  (0:35:48) More than half of U.S. households now own regulated investment funds.  (0:36:41) How 401(k) plans dramatically increased middle-class participation in capital markets.  (0:39:16) Households remain the dominant owners of mutual fund assets.  (0:40:28) The demographic profile of the typical mutual fund-owning household.  (0:41:16) ETF-owning households tend to skew younger, wealthier, and more risk tolerant.  (0:42:03) Mutual fund assets continue to grow despite persistent outflows toward ETFs.  (0:43:39) How investor risk tolerance changes with age and market conditions.  (0:46:22) Economies of scale and the continued decline in fund fees.  (0:47:51) Interval funds, BDCs, and the rise of regulated private credit products.  (0:49:36) Redemption caps and liquidity management inside interval funds.  (0:52:51) Shelly reflects on the enduring popularity of the Investment Company Fact Book.  (0:55:05) Shelly's definition of success: raising children who tell you they love you.   Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/   Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

The 2026 recession is here. You feel it. I feel it. GDP is growing, but the cost of living is rising, affordability is at a multi-decade low, and consumer sentiment is at its lowest level in 70 years. The stock market is ripping, but Americans are struggling daily. Economists will tell you it's not a recession (at least not yet), but according to my recession indicator…we're there.  Last November, I created a new recession indicator. It wasn't tied to GDP, asset values, or sentiment. It was tied to the average American struggling to get by. As of last week, this recession indicator threw up a strong yellow flag, signaling that we've reached a turning point—and the direction we're going isn't giving us much hope. This will affect the housing market and rent prices for real estate investors. I give my full forecast on how this could affect the market, but also share exactly what I'm doing right now to put myself in the best position to weather the storm and, hopefully, pick up discounted deals as they come along.  Well-situated investors can survive this, but those that are already running their portfolios with little wiggle room might be in for a big surprise.  In This Episode We Cover The recession indicator that got triggered just last week (and what it means for the economy) My new definition of “recession” and why we must rethink what a “recession” even is How this new recession could hurt the housing market and investors What I'm doing right now to prepare for the recession and put my portfolio in a strong position A concerning data point about the affordability of average Americans (this includes renters) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On the Market 372 - New Recession Indicator Shows Americans Worse Off Than We Thought On the Market 413 - Real Estate Isn't as Safe From Inflation as You Think Grab the Book, Recession-Proof Real Estate Investing Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-427. Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

“The rules-based system just hasn't worked. China's system is so opaque that you can't see the subsidies. And when you've got China not interested in new rules and the US not interested in a referee, you've got two of the world's biggest actors who aren't on board.” — Soumaya Keynes It would have been nice to get John Maynard Keynes on the show to get his critique of Trump's trade war. But in the long run, we're all dead — even old Maynard. So instead, we found his great-great-niece, Soumaya Keynes — Financial Times columnist and co-author of How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy. Having already appeared on Jon Stewart this week, Soumaya has a bit of Keynesian star quality about her. But she's also a first-rate economist. Her thesis is that the old rules-based trading system that her great-great-uncle helped design after World War II is gone. And it ain't coming back. China's subsidies are so opaque that rules can't be written to constrain them, let alone enforced. The US is no longer willing to submit to a referee. Without the two biggest players, no rules-based system is meaningful. So — now what? Keynes says we must think like a trade warrior. Donald Trump should leverage the tools available — but use them strategically. Trump's error in his second term was not being tough on China while being too tough on everyone else, especially allies like Canada and Mexico. Soumaya Keynes' most contemporary idea might be her most Keynesian one. John Maynard Keynes proposed penalties for countries running large trade surpluses as well as those running deficits — recognising that global imbalances are a two-sided problem. That idea didn't make it into the 1944 Bretton Woods agreement. Eighty years later, in equally anxious economic times, his optimistic great-great-niece is reviving it. Five Takeaways •       Can Trade Wars Be Won? Yes, Sometimes: The conventional wisdom: no one wins a trade war. Keynes and Bown agree — in theory. In practice, countries in a weaker position cave. History has examples: France in the late nineteenth century told its trading partners they were renegotiating treaties, and the smaller partners complied. Trump's tariffs in his first term produced concessions. The problem is not that trade wars can't be won. It's that the smaller power's only defence — coordinating with other smaller powers — is extremely hard to sustain. There's always an incentive to cut a deal first. •       China Is the Doper on the Sports Field: Keynes's sharpest analogy: the global trading system is like a sports game that needs rules to ensure a level playing field. China's subsidies — cheap credit, corporate handouts, opaque support for state-linked companies — are the equivalent of performance-enhancing drugs. The problem is that unlike doping in sport, China's subsidies are invisible. You can write a rule saying China won't give these handouts. But you can't verify compliance. And without enforcement, rules are meaningless. The WTO has not solved this. Nothing has solved this. •       Trump Was Right About China, Wrong About Everything Else: Keynes is careful here. She credits Robert Lighthizer in Trump's first term with identifying China as the real problem and building a focused strategy. In the second term, Trump put tariffs on everyone simultaneously — which dissipated leverage, alienated the coalition of allies needed to pressure Beijing, and mixed up the problem of China's subsidies with grievances against Canada, Mexico, and the EU. If you were genuinely tough on China, you wouldn't have put tariffs on everyone. You would have been more targeted. •       The Rules-Based System Is Gone and Isn't Coming Back: Why can't we return to the system Keynes's great-great-uncle helped build? Two reasons. China's subsidies are too opaque to write enforceable rules against. And the US has lost confidence in any international referee — a long and complex story, but the result is that America won't submit to neutral adjudication. Without the two biggest players, no rules-based system is meaningful. Yearning for the old approach is not an option. A new strategy is needed — and that's what the book is about. •       AI and the Next Trade War: Services: AI is central to the US-China conflict already — chip restrictions, military advantage, economic supremacy. But Keynes's less-noticed observation: AI could fundamentally reshape international services trade. The UK, for example, is a massive services exporter — finance, legal, consulting, accounting. If AI eliminates demand for those services, the UK faces a new current account crisis, new trade tensions, a new wave of economic conflict. Nobody knows how this plays out. Which is why, she suggests, the tools in the book will remain relevant for longer than the current tariff cycle. About the Guests Soumaya Keynes is an economics columnist at the Financial Times and host of The Economics Show with Soumaya Keynes. Before joining the FT she spent eight years at The Economist. She co-founded the Trade Talks podcast with Chad Bown during Trump's first term. Chad P. Bown is the Reginald Jones Senior Fellow at the Peterson Institute for International Economics and former Chief Economist at the US State Department under President Biden. Together they are the authors of How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy (Simon & Schuster, May 26, 2026). References: •       How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy by Soumaya Keynes and Chad P. Bown (Simon & Schuster, May 26, 2026). •       Soumaya Keynes on The Daily Show with Jon Stewart, May 19, 2026 — referenced in the interview. •       Episode 2892: Jason Pack on the Iran war — the companion episode on America's strategic distractions from the China problem. About Keen On America Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,900 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting. WebsiteSubstackYouT...

Jeevun Sandher is a Labour MP and economist, and swung by the studio to speak to us about the economy, Labour and Keir Starmer's woes, and how to turn around the government's fortunes.For Sandher, affordability is key. He breaks down key issues he saw on the doorstep from 2015 until today, and how both real and imagined threats have mobilised the country around a far-right alternative in Reform UK. He explains how a drop in living standards has led to Brits up and down the land turning away from parties like Labour and turning towards Farage and his politics of blame and division.The MP explains how the Labour Party need to re-employ a politics of hope, and plan to change the economic situation of millions of Brits up and down the land, if they are to have any chance of beating the right at the next election.Subscribe to How to Rebuild Britain now: https://linktr.ee/howtorebuildbritain Hosted on Acast. See acast.com/privacy for more information.

In this week's Media Confidential, Alan and Lionel discuss the changing winds at Ofcom, after its prospective new chair was scrutinised by a select committee. How much was Ian Cheshire briefed beforehand? And will he do anything to tackle GB News?The pair also talk about Trump's latest attack on the BBC—as well as Fran Unsworth's departure from the broadcaster, after the former news boss claimed that she was driven out by trans activism in an interview with the Telegraph.They answer a listener's ethical question, as the Economist draws controversy for its hiring practices. And they discuss a Panorama investigation into disturbing allegations around Channel 4's reality TV show Married At First Sight. Hosted on Acast. See acast.com/privacy for more information.

A war the president promised would last weeks is now in its third month. And the ripple effects are rocking the global economy.The Strait of Hormuz is still closed to most ships. Iran, the U.S., and Israel don't look ready for a peace deal. Iran's air force and navy are severely damaged. But recent intelligence reports say the regime has control of more missiles and weapons systems than the Trump administration has acknowledged, and that it's taking advantage of the ceasefire to rearm.Meanwhile, Iranians are living under a blockade. Gulf states are absorbing the shock of Iranian missiles and of economic uncertainty.What does the Middle East look like now? Who wins, who loses, and what happens to American influence in a region it just turned upside down? Luckily, we know just the man to ask.Gregg Carlstrom's is a name that might be familiar to listeners of the News Roundup. He's been The Economist's Middle East correspondent since 2010. He's also the author of the book, “How long will Israel survive? The threat from within.” We sit down with him to talk through the latest in the region.Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.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

India's growth numbers shape how we understand everything from jobs to investment to global standing. But what if those numbers don't tell the full story?  New research suggests India may have both underestimated and overestimated growth at different moments over the past two decades. That insight opens the door to a broader conversation about India's macroeconomic choices, from exchange rate policy to electricity pricing to the quiet persistence of trade barriers. To discuss these issues and many more, Abhishek Anand joins Milan on the podcast this week. Abhishek is the Founder and Managing Director of Insignia Policy Research and a Visiting Fellow at the Madras Institute of Development Studies. He's previously worked as an Economist at the World Bank and was a member of the Indian Economic Service, working in key positions throughout the Indian Ministry of Finance. Together, with Arvind Subramanian and Josh Felman, Abhishek is the author of a new working paper published by the Peterson Institute for International Economics titled “India's 20 Years of GDP Misestimation: New Evidence.”  Abhishek and Milan discuss the controversy over India's GDP estimates, important reforms within India's statistics ministry, and the debate over the Reserve Bank of India's policies to defend the rupee. Plus, the two discuss Abhishek's work on power sector reform and the embrace of non-tariff barriers that stymie the spirit of India's new bilateral trade agreements. Episode notes: Abhishek Anand, Josh Felman, and Arvind Subramanian, “India's 20 years of GDP misestimation: New evidence,” Peterson Institute of International Economics Working Paper 26-3, March 2026. Abhishek Anand, Arvind Subramanian, and Josh Felman, “How GDP data misread the economy, complicated policy,” Indian Express, March 14, 2026. Abhishek Anand and Naveen Thomas, “Free Trade on Paper, Protection in Practice: How India's Policy Interventions Hollow Out Trade Liberalisation,” O.P. Jindal Global University, January 2026. Abhishek Anand, Arvind Subramanian, and Josh Felman, “Going forward, RBI's rupee policy must not repeat errors of recent history,” Indian Express, December 29, 2025. Abhishek Anand, Praveen Ravi, Navneeraj Sharma, and Arvind Subramanian, “To help India's economy, unleash the power sector,” Indian Express, August 27, 2025.

Treasury yields are reaching levels not seen since before the 2008 financial crisis, raising concerns about borrowing costs and affordability for Americans. Economists warn that rising yields could make loans for homes, cars and credit cards even more expensive. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On today's episode, Andrew Palmer, senior editor at The Economist, describes how organizations can experiment with generative AI while balancing speed, quality, and risk. At his own organization, Andrew and others test AI with human oversight to develop editing and publishing efficiencies. As the host of The Economist's Boss Class podcast, Andrew speaks with leaders as well as early-career professionals, and highlights interesting insights from recent conversations around skills and hiring. Read the episode transcript here. Guest bio: A senior editor at The Economist, Andrew Palmer writes about the workplace for the “Bartleby” column and hosts Boss Class, a limited-season podcast about management. His previous roles at the publication, which he joined in 2007, include Britain editor, executive editor, business-affairs editor, head of the data team, Americas editor, finance editor, and banking correspondent. Me, Myself, and AI is a podcast produced by MIT Sloan Management Review and hosted by Sam Ransbotham. It is engineered by David Lishansky and produced by Allison Ryder. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials. ME, MYSELF, AND AI® is a federally registered trademark of Massachusetts Institute of Technology. All rights reserved.

Is spring actually showing up in the Pierce County real estate market — or is this the quietest "selling season" we've seen in years?In this episode of Inside Abode, host Dave Jones sits down with Jeff Tucker, Windermere Real Estate's Principal Economist, to break down what the latest Northwest MLS data really means for buyers, sellers, and agents across Pierce County and the greater Puget Sound.The headlines: closed sales are down 2% year-over-year, but pending sales are up 3%. New listings surged 14%, leaving 30% more active inventory than last April. The median sale price dipped about $5,000 — more evidence that PNW prices have stayed remarkably stable while other markets swing.Jeff walks us through the regional split too. Snohomish County closed sales dropped 15%. King County's median slipped 7% to $1,030,000. We talk about what that means for sellers trying to price right, for buyers who finally have options, and for the most balanced market we've seen in years.Spring is still a strong window to list — but the playbook has changed. More inventory means buyers are choosier, pricing matters more, and presentation wins.

SPONSORS: - Go to https://www.plaud.ai/curt to get a Plaud device today - Go to https://shortform.com/toe for a free trial and an exclusive $50 OFF on your annual subscription - I personally subscribe to The Economist. TOE listeners get 35% off the annual subscription. No other podcast has this! https://economist.com/TOE Harvey Friedman — the youngest professor in Stanford's history, founder of reverse mathematics, and the mathematician Kurt Gödel chose to sponsor his final paper — has spent 60 years on one question: can ordinary, finite math be trusted? His theorems show that even concrete statements involving nothing more exotic than rational numbers cannot be proved or refuted within ZFC. The foundations of mathematics, Friedman argues, are not settled bedrock but vertiginous — made more mysterious, not less, by his own work. 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 - Gödel's Incompleteness Misinterpretations - 00:09:48 - Woodin vs. Friedman Foundations - 00:17:28 - Category Theory vs. Logic - 00:24:30 - Borel Determinacy Paradoxes - 00:31:23 - Embedded Maximality Principles - 00:41:18 - Tree(3) and Kruskal's Theorem - 00:47:40 - Finitism and Large Cardinals - 00:53:11 - Divine Consistency and Angels - 01:03:25 - Reverse Mathematics Origins - 01:11:14 - Constructive Logic and Intuitionism - 01:21:17 - Theology and AI Immortality LINKS MENTIONED: - Harvey Friedman Papers: https://u.osu.edu/friedman.8/foundational-adventures/publications/ - Harvey Friedman YouTube: https://www.youtube.com/@harveyfriedman4465/videos - Harvey Friedman Chess Club: https://cclchess.com/ - This Man Is About to Blow Up Mathematics [Article]: https://nautil.us/this-man-is-about-to-blow-up-mathematics-236446 - Harvey Lecture at OSU: https://youtu.be/NAGQD-bSXok - Most Abused Theorem in Math [TOE]: https://youtu.be/OH-ybecvuEo - John Norton [TOE]: https://youtu.be/Tghl6aS5A3M - Emily Riehl [TOE]: https://youtu.be/mTwvecBthpQ - What Is Infinity? [TOE]: https://youtu.be/rHtqGrtcB1w - Norman Wildberger [TOE]: https://youtu.be/l7LvgvunVCM - Wolfgang Smith [TOE]: https://youtu.be/lF4S_P_o-g0 - Scott Aaronson [TOE]: https://youtu.be/1ZpGCQoL2Rk - Consciousness Iceberg [TOE]: https://youtu.be/65yjqIDghEk - Edward Frenkel [TOE]: https://youtu.be/n_oPMcvHbAc - Elan Barenholtz [TOE]: https://youtu.be/A36OumnSrWY - Michael Levin [TOE]: https://youtu.be/c8iFtaltX-s - Godel Incompleteness Theorems: https://plato.stanford.edu/entries/goedel-incompleteness/ - Consistency of Axiom of Choice [Book]: https://archive.org/details/dli.ernet.469796/page/18/mode/2up - Independence of Continuum Hypothesis [Paper]: https://www.jstor.org/stable/71858 - Borel Determinacy [Paper]: https://www.jstor.org/stable/1971035 - Paris-Harrington Theorem: https://mathworld.wolfram.com/Paris-HarringtonTheorem.html - The God Letter: https://uncertaintist.wordpress.com/wp-content/uploads/2012/10/einstein-letter-gutkind-excerpts.pdf - Undecidable Propositions of Principia Mathematica [Book]: https://amazon.com/dp/0486669807?tag=toe08-20 - Categories for the Working Mathematician [Book]: https://amazon.com/dp/1441931236?tag=toe08-20 - On Necessary Use of Abstract Set Theory [Paper]: https://www.sciencedirect.com/science/article/pii/0001870881900219 - Borel Set: https://en.wikipedia.org/wiki/Borel_set More links: https://curtjaimungal.substack.com Guests do not pay to appear. #science Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Economist and author Sinead O'Sullivan ruffled some feathers recently with her analysis of Ireland's deficits in infrastructure and services. Her critiques of the State's failure to deliver things that are taken for granted in other similarly wealthy countries sparked debate and drew pushback from figures including former taoiseach Leo Varadkar. On today's Inside Politics podcast she talks to Hugh about how her professional background in designing complex systems made it “ impossible for me not to see” the flaws she identifies in the Irish model. She argues that Ireland lacks strong institutions capable of separating long-term delivery from electoral politics, resulting in costly, short-term fixes. Would you like to receive daily insights into world events delivered to your inbox? Sign up for Denis Staunton's Global Briefing newsletter here: irishtimes.com/newsletters/global-briefing/ Hosted on Acast. See acast.com/privacy for more information.

This week on TrendsTalk, ITR Economist and Speaker Taylor St. Germain is joined by Economist and Consultant Speaker Derek Stanley to discuss how businesses should prepare for the economic realities of the 2030s. While growth opportunities remain strong over the next four years, relying on linear planning could leave companies exposed when conditions shift. In this episode, we break down the importance of cash flow management, debt reduction, resilient industries, and geographic strategy as businesses position themselves for long-term success. Which industries may hold up better during the next major downturn? And what steps should leaders be taking today to protect their companies tomorrow?

¿De verdad pueden predecir el futuro o ellos mismos lo organizan? Hoy desarmamos los misterios y las profecías más oscuras de la revista The Economist que te dejarán pensando. ¡Dale play, suscríbete y dinos si crees que es coincidencia o realidad! Mantente al día con los últimos de 'El Bueno, la Mala y el Feo'. ¡Suscríbete para no perderte ningún episodio!Ayúdanos a crecer dejándonos un review ¡Tu opinión es muy importante para nosotros!¿Conoces a alguien que amaría este episodio? ¡Compárteselo por WhatsApp, por texto, por Facebook, y ayúdanos a correr la voz!Escúchanos en Uforia App, Apple Podcasts, Spotify, y el canal de YouTube de Uforia Podcasts, o donde sea que escuchas tus podcasts.'El Bueno, la Mala y el Feo' es un podcast de Uforia Podcasts, la plataforma de audio de TelevisaUnivision.

Ukraine sent nearly 600 drones into Russia overnight, the biggest single attack on the country since the start of the war. Targets in Moscow and a patrol ship in the Caspian Sea were hit, with at least four killed in the offensive. We hear from The Economist's Shashank Joshi about the significance of the strikes, and from Russia analyst Professor Nina Khrushcheva about how President Putin might respond.Also in the programme: The Democratic Republic of the Congo fights to contain a deadly Ebola outbreak; and what does Che Guevara's daughter make of recent US hostility towards Cuba?(Photo: A man inspects a damaged apartment building following a drone attack outside Moscow on May 17, 2026. Credit: EPA/Shutterstock)

Steve discusses Taiwan's strong economy compared to China, noting this as a possible motivation for China's interest in Taiwan. He also points out that China receives more oil through the Strait of Hormuz than the U.S. does. Steve mentions the current global shortage of fertilizer and suggests that President Trump could consider lifting tariffs on fertilizer imports.See omnystudio.com/listener for privacy information.

Steve discusses Taiwan's strong economy compared to China, noting this as a possible motivation for China's interest in Taiwan. He also points out that China receives more oil through the Strait of Hormuz than the U.S. does. Steve mentions the current global shortage of fertilizer and suggests that President Trump could consider lifting tariffs on fertilizer imports.

How can we make America safer and save money to boot? What approaches don't work and what can we steal from other countries? Jennifer Doleac is the executive vice president at Arnold Ventures in charge of criminal justice, and the author of "The Science of Second Chances, a Revolution in Criminal Justice."

Inflation was up 3.8% in April, according to the latest CPI. Economists say the war with Iran has caused “transitory” inflation — that's short-lived inflation from a specific inflationary event. It's also how experts characterized Trump's tariffs and the COVID-19 pandemic. But if inflation stays put for, say, five years, is it really still transitory? Also in this episode: Small business owners fret over rising costs, MIT students graduate with majors in AI, and Quebec brings hydropower to the Northeast U.S.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.

Inflation was up 3.8% in April, according to the latest CPI. Economists say the war with Iran has caused “transitory” inflation — that's short-lived inflation from a specific inflationary event. It's also how experts characterized Trump's tariffs and the COVID-19 pandemic. But if inflation stays put for, say, five years, is it really still transitory? Also in this episode: Small business owners fret over rising costs, MIT students graduate with majors in AI, and Quebec brings hydropower to the Northeast U.S.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.

Inflation and employment are the dual pillars of this economy's health, which the Federal Reserve is mandated to evenly manage. Last week saw sunny news for the latter category, when the April jobs report was better than expected. Economists anticipate the opposite for the upcoming consumer price index, as the war in Iran inflates prices at home. In this episode, we brace for a dreary CPI. Plus: Adult education programs promise higher wages, retail investors pile on to the chip market, and climate change makes food less nutritious.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.

Today's Headlines: Trump kicked off the week rejecting Iran's latest peace proposal with "I don't like it — totally unacceptable," while a confidential Economist document reveals Russia offered Iran 5,000 advanced drones and training for 10,000 soldiers to use them against American troops. Iran's new supreme leader Mojtaba Khamenei hasn't been seen publicly since being severely injured in the airstrike that killed most of his family, complicating Iran's ability to negotiate. Someone also unveiled a 22-foot golden Trump statue at a Florida golf course, which his evangelical adviser insists is definitely not idol worship. In the redistricting wars, Virginia's Supreme Court struck down the congressional map that Virginia voters just voted for — the same court that previously cleared it — handing Republicans a significant midterm advantage before the south has even finished gerrymandering. Trump announced an "election integrity army" in every state this November, the FBI opened a new investigation into Wisconsin's 2020 election results, and the DOJ subpoenaed Fulton County for the names of every 2020 election worker, which Fulton County is fighting in court. To distract from all of this, the Pentagon started releasing UFO files, which is a thing that is happening. In brain worm updates, RFK Jr. is reportedly exploring banning certain SSRIs including Zoloft, Prozac, and Lexapro — his department denied it, though he just announced initiatives to reduce SSRI prescriptions. The Trump administration is also planning to cut Social Security disability benefits for people living with family members by up to a third, potentially affecting 400,000 people — call your congresspeople. Trump Media posted a $405 million loss on just $900,000 in revenue, 600,000 MAGA fans who paid a nonrefundable deposit for the Trump Phone in 2025 still don't have their devices and are finally revolting, and the Hantavirus cruise passengers are being carefully evacuated home from the Canary Islands with isolation protocols in place. And finally, Rudy Giuliani — who was read his last rites last week — is attempting to get his hospital bills covered by a federal fund for 9/11 first responders, which is one way to handle bankruptcy. Resources/Articles mentioned: Newsweek: Pastor defends Golden Trump statue from biblical backlash WSJ: Trump Blasts Iran's Response on Reopening Hormuz, Handling Uranium The Economist: Secret document reveals Russia's plans to aid Iran NYT: Virginia Court Strikes Down Redistricted Voting Map in a Huge Blow to Democrats Advance Local: Trump: GOP will have ‘election integrity army' in every state during 2026 midterms Wausau Pilot & Review: FBI is investigating Wisconsin's 2020 election, sources confirm -  PBS: Justice Department seeks the names of 2020 election workers in Georgia's Fulton County NBC News: Pentagon releases declassified UFO files including videos and photos held by the government for decades Politico: Wiles cracks down on leaks CNBC: U.S. payrolls jump more than expected, but the report had several red flags for the economy The Daily Beast: MAGA Fans Revolt Over Trump Phone Disaster Bloomberg: Trump Media Posts $405 Million Loss Driven by Crypto Holdings CNN: Live updates: Hantavirus outbreak, passengers disembark cruise ship in Tenerife Reuters: Exclusive: Kennedy's health officials explored US ban of some widely used antidepressants ProPublica: The Trump Administration Aims to Penalize Disabled Adults Who Live With Their Families The Daily Beast: Rudy Giuliani Wants 9/11 Health Fund to Cover His Medical Bills Subscribe to the Betches News Room and join the Morning Announcements group chat. Go to: betchesnews.substack.com Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation and employment are the dual pillars of this economy's health, which the Federal Reserve is mandated to evenly manage. Last week saw sunny news for the latter category, when the April jobs report was better than expected. Economists anticipate the opposite for the upcoming consumer price index, as the war in Iran inflates prices at home. In this episode, we brace for a dreary CPI. Plus: Adult education programs promise higher wages, retail investors pile on to the chip market, and climate change makes food less nutritious.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.

Economists and politicians have turned him into a mascot for free-market ideology. Some on the left say the right has badly misread him. In this updated replay of a 2022 episode, we hold a very Smithy tug of war.   SOURCES: Eamonn Butler, co-founder and director of the Adam Smith Institute. Glory Liu, a political scientist and Adam Smith scholar at Georgetown University. Mariana Mazzucato, professor in the economics of innovation and public value at University College London. Dennis Rasmussen, a professor of political science at Syracuse University. Russ Roberts, president of Shalem College in in Jerusalem; host of the EconTalk podcast; and author. Craig Smith, Adam Smith Senior Lecturer in the Scottish Enlightenment at the University of Glasgow.   RESOURCES: Adam Smith's America: How a Scottish Philosopher Became an Icon of American Capitalism, by Gloria Liu (2022). "Henry and Adam: A Deep and Special Friendship," by Benny Higgins (Adam Smith Panmure House Perspective, 2020). "Rescuing Adam Smith From Myth and Misrepresentation," (The Economist, 2018). The Infidel and the Professor: David Hume, Adam Smith, and the Friendship That Shaped Modern Thought, by Dennis C. Rasmussen (2017). How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness, by Russ Roberts (2014). "British Privatization — Taking Capitalism to the People," by John Moore (Harvard Business Review, 1992). Free to Choose: A Personal Statement, by Milton Friedman and Rose Friedman (1990). The Essential Adam Smith, edited by Robert L. Heilbroner (1986). An Inquiry into the Nature and Causes of the Wealth of Nations, by Adam Smith (1776). The Theory of Moral Sentiments, by Adam Smith (1759).   EXTRAS: "In Search of the Real Adam Smith," series by Freakonomics Radio (2022). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.