POPULARITY
Today, when you think of a dollar, the US dollar probably comes to mind first. But that hasn't always been the case. In this episode of The Story of Money, Brendan Greeley, the author of The Almighty Dollar: 500 Years of the World's Most Powerful Money, explains the origins of the world's first dollar, the Joachimstaler, and the hapless Bohemian count who played a role in its creation. Greeley, and hosts Gillian Tett and Robin Wigglesworth discuss the dollar's evolution, and whether it may even outlive the current US dollar system. Further reading:The Almighty Dollar: 500 Years of the World's Most Powerful Money, by Brendan Greeley (2026) Credits: Getty Images, Brendan Greeley To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoney Hosts: Gillian Tett and Robin WigglesworthProducer: Lulu SmythSenior Producers: Michela Tindera and Laurence Knight Executive Producer: Manuela SaragosaOriginal music and sound design: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Flo Phillips Video editor: Josh Divney and Kristen Kenyon at Podcast DiscoveryLearn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Mass firings are said to be underway at the ODNI, the US intelligence agency created to prevent another 9/11. Donald Trump's temporary pick to head it, Bill Pulte, has no intelligence or security experience. Slimming down the DNI office has been a bipartisan issue, but top Democrats are concerned this week's job slashing could pose a national security risk. White House reporter Kevin Liptak joins the show with details. Also on today's show: Daniel Pacheco, Deputy Editor in Chief, La Silla Vacía; Jonathan Freedland, Columnist, The Guardian & Gillian Tett, Columnist, The Financial Times; Yoni Appelbaum, Deputy Executive Editor, The Atlantic Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today, when people hear the name Richard Nixon, they probably think of Watergate. Few remember another one of his most controversial acts – his suspension of the dollar's convertibility into gold. The “Nixon Shock” as it became known was a quintessentially America First policy, which shattered the postwar global monetary order. But the US president was far more concerned about juicing the US economy and winning re-election than he was about upsetting America's closest allies. In this second episode about Nixon's pivotal decision, Professor Jeffrey Garten tells the story of its aftermath, while hosts Gillian Tett and Robin Wigglesworth explore the parallels with the present-day America First presidency.Further reading:Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, by Jeffrey E Garten (2021)Gold and the dollar crisis, by Robert Triffin (1960)Our Dollar, Your Problem, by Kenneth Rogoff (2025)Credits: Getty Images, Associated Press, the Richard Nixon Presidential LibraryTo enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoneyHosts: Gillian Tett and Robin WigglesworthProducer: Laurence KnightExecutive Producer: Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GioumpasisPodcast Development: Laura ClarkeVideo editor: Kristen Kenyon and Josh Divney at Podcast DiscoveryLearn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A century ago, when depositors lost confidence in a bank, they'd rush to withdraw their cash. In 1971, US president Richard Milhous Nixon faced a similar dilemma. But his problem wasn't ordinary citizens fearing for their savings. Instead, it was America's closest allies who were nervously eyeing the dwindling supply of gold in Fort Knox at a time when the dollar's value was tied to gold and allies' currencies were in turn tied to the dollar. And just like a beleaguered bank manager of yore, Nixon chose to shut America's doors to further withdrawals. His decision threatened to pull the plug on the entire international monetary system established at Bretton Woods in 1944. It was so unexpected and outrageous, it became known as the “Nixon Shock”. In the first of two episodes on the topic, hosts Gillian Tett and Robin Wigglesworth get the story from economist and ex-financier Jeffrey Garten – a man with a CV so long that he once even worked for the Nixon administration himself.Further reading:Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, by Jeffrey E Garten (2021)Gold and the dollar crisis, by Robert Triffin (1960)Credits: Getty Images, the Richard Nixon Presidential LibraryTo enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoneyHosts: Gillian Tett and Robin WigglesworthProducer: Laurence KnightExecutive Producer: Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GioumpasisPodcast Development: Laura ClarkeVideo editor: Kristen Kenyon and Josh Divney at Podcast DiscoveryLearn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Priscilla Wakefield was a Quaker, writer and social reformer who believed financial security shouldn't be reserved for the wealthy. Living in late 18th- and early 19th-century England, she founded the country's first penny savings bank, giving working women and children a safe place to save. Victoria Bateman, author of Economica: A Global History of Women, Wealth and Power, tells hosts Gillian Tett and Robin Wigglesworth about Wakefield's life, her ideas and how a simple concept — saving small sums — helped spark a quiet revolution in financial inclusion, with lessons for today. But that didn't stop Wakefield from running into financial problems of her own. Further reading:Economica: A global history of women, wealth and power, by Victoria Bateman (2025)Reflections on the present condition of the female sex, by Priscilla Wakefield, (reprinted 2015, Cambridge University Press)Credits: Cambridge Library Collection, National Portrait Gallery, Disruption Worthies, National Park Service, Hollinger & RockeyTo enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: / @ftthestoryofmoney Hosts: Gillian Tett and Robin WigglesworthProducers: Lulu Smyth and Laurence KnightExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeVideo editor: Kristen Kenyon and Josh Divney at Podcast DiscoveryLearn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.comRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Take 730 delegates from 44 countries, plus another 2,000 or so hangers-on. House them in a remote, dilapidated hotel with holes in the roof and broken furniture. Deliver a train wagon filled with alcohol. Throw in some Russian spies, German prisoners of war, a troupe of bombshell “secretaries” and a magician. And then have the lead protagonist, the world's most famous economist, almost die of a heart attack. What does that give you? Only the most successful international monetary negotiation in history. This is the story of the Bretton Woods conference of 1944, as relayed by journalist and author Ed Conway to hosts Gillian Tett and Robin Wigglesworth. The three weeks of chaotic talks would deliver three decades of postwar peace and prosperity, and enthrone the US dollar as the global reserve currency. The discussions also nearly killed Britain's lead negotiator, John Maynard Keynes, and would later disgrace his US counterpart, Harry Dexter White.Further reading:The Summit, by Ed Conway (2015)The Economic Consequences of the Peace, by John Maynard Keynes (1919)John Maynard Keynes, biography by Robert Skidelsky in three volumes (1983-2000)Treasonable Doubt: The Harry Dexter White Spy Case, by R Bruce Craig (2004)Credits: King's College Cambridge, the IMF, Dreamstime, Getty Images, the Hulton Archive, Ullstein Bild, Bettmann, Shutterstock, the LIFE Picture Collection, Thomas D McAvoy, Alfred Eisenstaedt, and the Darling Archive.To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoneyHosts: Gillian Tett and Robin WigglesworthProducer: Laurence KnightExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeVideo editor: Kristen Kenyon and Josh Divney at Podcast DiscoveryLearn more at ft.com/tsom or get in touch at thestoryofmoney@ft.com.Love listening to FT Podcasts? Join us live on Saturday June 20 at our inaugural NYC FT Weekend Festival at Spring Studios. Put your questions directly to our experts, experience your favourite podcast in person, and see the FT come to life. Register now and enjoy 10% off with code FTPodcast — this is one Saturday you won't want to miss. Hosted on Acast. See acast.com/privacy for more information.
Economists like to think of their discipline as a rational science. But might we make better decisions if we ditched some of our moral aversions? Specifically: would we make better choices if we learned to conquer moral repugnance? Alvin Roth, Nobel laureate, and author of the recent book ‘Moral Economics', tells host Soumaya Keynes why a free market in kidneys and surrogacy makes economic sense, and what he makes of prediction markets.The inaugural FT Weekend Festival in New York City is fast approaching, with a line-up featuring Paul Krugman, Martin Wolf, Gillian Tett, and plenty more. Join on Saturday, June 20, at Spring Studios or online. Register now and as a podcast listener, save 10% using our code FTPODCAST.Further readingWhen is it OK for economists to experiment on people?So you tried to buy a country . . .Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
What is money? And what can a small island in Micronesia teach us about how it works? On Yap, a remote island in the western Pacific, giant calcite “Rai” stones once functioned as currency, where ownership and collective trust — rather than physical possession — defined wealth and status. In this episode of The Story of Money, macroeconomist and author Felix Martin joins hosts Gillian Tett and Robin Wigglesworth to explore the stones of Yap, the origins of money and why the traditional “barter theory” may be a myth.Further reading: Money: The Unauthorised Biography (2015) by Felix Martin Uap of the Carolines (1910) by William Henry Furness IIIA Treatise on Money (1930) by John Maynard Keynes The Island of Stone Money (1991) and Money Mischief (1992) by Milton Friedman ‘Tralla La' in Uncle Scrooge #6 by Carl Barks (1954) His Majesty O'Keefe (1954) Warner Bros To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts. You can also follow the show's dedicated YouTube channel here. Love listening to The Story of Money? Join us live on Saturday, June 20 at our inaugural NYC FT Weekend Festival at Spring Studios. Put your questions directly to our experts, experience your favourite podcast in person, and see the FT come to life. Register now and enjoy 10% off with code FTPodcast — this is one Saturday you won't want to miss. Learn more at ft.com/tsom or get in touch at thestoryofmoney@ft.com.Hosts: Gillian Tett and Robin WigglesworthGuest: Felix MartinProducer: Lulu SmythSenior Producers: Laurence Knight and Michela TinderaExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Cheryl BrumleyVideo editors: Kristen Kenyon and Josh Divney at Podcast DiscoveryRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Between the Iran war, high gas prices, and wobbly jobs numbers, central bankers have plenty to worry about. But some see a light on the horizon: artificial intelligence. AI could lead to abundant production and lower prices, allowing the Fed to lower interest rates, and boost the economy – or so the theory goes. But how will we know if AI is boosting productivity? And what happens if the AI advocates promising an economic transformation are wrong? Soumaya is joined by Austan Goolsbee, head of the Chicago Federal Reserve, to discuss these questions and more. Soumaya and Austan also analyse how Fed chair nominee, Kevin Warsh, might change the central bank; and how Austan feels about Jay Powell's plans to stick around.The inaugural FT Weekend Festival in New York City is fast approaching, with a line-up featuring Paul Krugman, Martin Wolf, Gillian Tett, and plenty more. Join on Saturday, June 20, at Spring Studios or online. Register now and as a podcast listener, save 10% using our code FTPODCAST.Further reading:AI boom poised to be ‘massively disinflationary', Northern Trust saysUS economy grows at 2% pace in first quarter as AI boom fuels investment The real Greenspan lesson for Warsh on inflationProduced by Mischa Frankl-Duval with original music from Breen Turner and sound design by Sam Giovinco. The senior producers are Edwin Lane and Michela Tindera. The FT head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
In 19th-century America almost anyone could print their own money – and many did. One of the most notable figures to take this up was a man named James Brown, a charismatic conman who built a fortune producing fake banknotes. In this episode of The Story of Money, Stephen Mihm, a professor of history at the University of Georgia, introduces hosts Gillian Tett and Robin Wigglesworth to “the hardest working man in counterfeiting”. They discuss the parallels between banking in the Wild West and the advent of cryptocurrencies today, and the role trust plays in all financial systems. Further reading:A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States, by Stephen Mihm (2007) The Square and Tower: Networks, Hierarchies and the Struggle for Global Power, by Niall Ferguson (2018)To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, and also follow the show's dedicated YouTube channel here. Learn more at ft.com/tsom Hosts: Gillian Tett and Robin WigglesworthGuest: Stephen MihmProducer: Lulu SmythSenior Producer: Michela Tindera and Laurence KnightExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Cheryl BrumleyVideo editor: Kristen Kenyon at Podcast DiscoveryRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Bill Maher and his guests answer viewer questions after the show. (Originally aired 5/1/26 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Den Europæiske Centralbank holdt renten i ro i sidste uge, men markedet forventer stadig to rentestigninger i år. Det vil skubbe den danske rente over to procent ved udgangen af året og betyde dyrere boliglån og billån. Men giver det overhoved mening, at ECB vil lade renten stige i en tid, hvor væksten er nærmest pinlig lav? Vi diskuterer også Trumps seneste straftold mod Europa på 25 procent og forhandlingerne mellem USA og Iran. Til sidst kigger vi på det nok største paradoks i global økonomi: Hvorfor slår aktiemarkedet rekorder, når energikrisen raser, og verden brænder? Meget af det handler om den enorme tillid til den igangværende teknologirevolution. FT's Gillian Tett har skrevet en utrolig interessant artikel, som vi kigger nærmere på. I studiet: Magnus Barsøe og Mikael Milhøj. See omnystudio.com/listener for privacy information.
Bill's guests are Gov. Gavin Newsom, Gillian Tett, Bret Stephens (Originally aired 5/1/26) Learn more about your ad choices. Visit podcastchoices.com/adchoices
Introducing a new video podcast from the FT: Does scientific, artistic or political brilliance translate into investing success? It's a topical question with hedge funds today accused of sucking talent away from the rest of the economy. So, the FT's Gillian Tett and Robin Wigglesworth sat down with reporter Toby Nangle, who has dug into the archives to assess the investment portfolios of Isaac Newton, Charles Darwin, Winston Churchill, John Maynard Keynes and other widely regarded geniuses of the past. What Toby found may surprise you, as will the historical wildcard he's unearthed.To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here.Learn more at ft.com/tsom Want more?Read Toby's full FT article here.Toby's sources:On Churchill: https://www.amazon.co.uk/No-More-Champagne-Churchill-Money/dp/1784081817 On J.M.W. Turner: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5718586 On John Maynard Keynes: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2023011 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2287262 On Einstein: https://einstein-website.de/en/what-happened-to-the-nobel-prize-money/#:~:text=By%20May%201924%2C%20Mileva%20had,visible%20result%20of%20my%20musings%E2%80%9D On Jane Austen: https://jasna.org/publications-2/persuasions-online/vol36no1/toran/ Hosts: Gillian Tett and Robin WigglesworthGuest: Toby NangleProducer: Lulu SmythSenior Producers: Michela Tindera and Laurence KnightExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Cheryl BrumleyVideo editor: Josh Divney at Podcast Discovery Hosted on Acast. See acast.com/privacy for more information.
The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance. From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding. Subscribe to The Story of Money wherever you get your podcasts and watch the show on YouTube. Learn more about the show at ft.com/tsom and find out more about Gillian Tett here and Robin Wigglesworth here. Follow FT Alphaville here. Hosts: Gillian Tett and Robin Wigglesworth Producer: Lulu Smyth Senior Producer: Michela Tindera Executive Producers: Flo Phillips and Manuela Saragosa Original music and sound engineering: Breen Turner Podcast Development: Laura Clarke Global Head of Audio: Cheryl Brumley Hosted on Acast. See acast.com/privacy for more information.
Every now and then a new technology comes along that changes everything – electricity, computers, potentially AI. In mid-19th-century America, that technology was the steam locomotive. It knitted the US economy together, driving the nation's industrialisation during the Gilded Age. But along the way, it also caused one of the biggest financial crises in American history. FT Alphaville editor Robin Wigglesworth tells his co-host, FT columnist Gillian Tett, the story of the great railway bubble that ended in the Panic of 1873. It's also the story of the spectacular rise and fall of Jay Cooke, the greatest banker of his day, who lost a fortune betting on a railroad that would eventually span the North American continent – just not in time to repay its debts. Robin and Gillian discuss what lessons the financier's fate holds for the investors gambling on today's AI boom.Credits: New York Times Archive, Otto Herschan Collection/Hulton Archive/Getty Images, Hulton Archive/Getty ImagesFurther reading:Jay Cooke: Financier of the Civil War, by Ellis Paxson Oberholtzer (1907)Jay Cooke's gamble: the Northern Pacific Railroad, the Sioux, and the Panic of 1873, by M John Lubetkin (2006)Railroaded: The Transcontinentals and the Making of Modern America, by Richard White (2012)Pop! Why Bubbles Are Great For The Economy, by Daniel Gross (2007)A Fabulous Debt: The Epic Story of How Bonds Built the Modern World, by Robin Wigglesworth (2026 – forthcoming)To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: Hosts: Gillian Tett and Robin WigglesworthProducer: Lulu SmythSenior Producers: Michela Tindera and Laurence Knight Executive Producers: Flo Phillips and Manuela SaragosaOriginal music and sound design: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Cheryl BrumleyVideo editor: Josh Divney at Podcast DiscoveryRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance. From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding. Subscribe to The Story of Money wherever you get your podcasts and watch the show on YouTube. Learn more about the show at ft.com/tsom and find out more about Gillian Tett here and Robin Wigglesworth here. Follow FT Alphaville here. Hosts: Gillian Tett and Robin Wigglesworth Producer: Lulu Smyth Senior Producer: Michela Tindera Executive Producers: Flo Phillips and Manuela Saragosa Original music and sound engineering: Breen Turner Podcast Development: Laura Clarke Global Head of Audio: Cheryl Brumley Hosted on Acast. See acast.com/privacy for more information.
Those who do not study history may be destined to repeat it . . . and lose money. The Story of Money is a new podcast from The Financial Times exploring the past to see where the next opportunities — and disasters — may lie. Hosted by FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth, The Story of Money explores the history of global finance through the people, ideas, events, and institutions that have shaped it. From unregulated frontier banking experiments in 19th-century America to institutionalised debt forgiveness in ancient Mesopotamia, The Story of Money traces how financial systems evolve — and why familiar patterns often repeat — offering context for everything from market cycles to emerging AI trends.Watch episode 1: They are history's geniuses. But were they any good at investing? Hosted on Acast. See acast.com/privacy for more information.
The President extends the ceasefire in Iran indefinitely, hours before his deadline and without more talks scheduled. Then, a warning shot to big business as Trump encourages U.S. companies not to file refunds for illegal tariffs they already paid. Plus, voters in Virginia say 'yes' to new maps that could give Dems a boost in the battle to control Congress. Jeff Mason, Sam Stein, Gen. Barry McCaffrey, Gillian Tett, Neil Irwin, Larry Sabato, and Antonia Hylton join The 11th Hour this Tuesday night To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Long before modern economics, rulers such as Hammurabi in ancient Mesopotamia grappled with a political problem that still haunts our economies today: when people's debts grow faster than their ability to repay them, the entire economic system can start to crack. Hammurabi adopted a radical solution: cancel debts entirely. Amanda H Podany, professor emeritus of history at California State Polytechnic University, Pomona, and a research affiliate at New York University, tells The Story of Money hosts, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth, what these debt jubilees say about how the ancient Mesopotamian economy worked and what it might teach us about debt today. To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here.Learn more at ft.com/tsomWant more?Check out Dr Podany's book, Weavers, Scribes, and Kings: A New History of the Ancient Near East Hosts: Gillian Tett and Robin WigglesworthProducer: Lulu SmythSenior Producers: Michela Tindera and Laurence KnightExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music and sound engineering: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GioumpasisPodcast Development: Laura ClarkeFT Global Head of Audio: Cheryl BrumleyVideo editor: Kristen Kenton at Podcast DiscoveryRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Does scientific, artistic or political brilliance translate into investing success? It's a topical question with hedge funds today accused of sucking talent away from the rest of the economy. So, the FT's Gillian Tett and Robin Wigglesworth sat down with reporter Toby Nangle, who has dug into the archives to assess the investment portfolios of Isaac Newton, Charles Darwin, Winston Churchill, John Maynard Keynes and other widely regarded geniuses of the past. What Toby found may surprise you, as will the historical wildcard he's unearthed.To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here.Learn more at ft.com/tsomWant more?Read Toby's full FT article here.Toby's sources: On Churchill: https://www.amazon.co.uk/No-More-Champagne-Churchill-Money/dp/1784081817On J.M.W. Turner:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5718586On John Maynard Keynes:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2023011https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2287262On Einstein:https://einstein-website.de/en/what-happened-to-the-nobel-prize-money/#:~:text=By%20May%201924%2C%20Mileva%20had,visible%20result%20of%20my%20musings%E2%80%9D.On Jane Austen:https://jasna.org/publications-2/persuasions-online/vol36no1/toran/Hosts: Gillian Tett and Robin WigglesworthGuest: Toby NangleProducer: Lulu SmythSenior Producers: Michela Tindera and Laurence Knight Executive Producers: Flo Phillips and Manuela SaragosaOriginal music: Breen TurnerBroadcast engineers: Bianca Wakeman and Petros GiuompasisPodcast Development: Laura ClarkeFT Global Head of Audio: Cheryl BrumleyVideo editor: Josh Divney at Podcast DiscoveryRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance. From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding. Subscribe to The Story of Money wherever you get your podcasts and watch the show on YouTube.Learn more about the show at ft.com/tsom and find out more about Gillian Tett here and Robin Wigglesworth here.Follow FT Alphaville here.Hosts: Gillian Tett and Robin WigglesworthProducer: Lulu SmythSenior Producer: Michela TinderaExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music and sound engineering: Breen TurnerPodcast Development: Laura ClarkeGlobal Head of Audio: Cheryl Brumley Hosted on Acast. See acast.com/privacy for more information.
The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance. From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding. Subscribe to The Story of Money wherever you get your podcasts and watch the show on YouTube.Find out more about Gillian Tett here and Robin Wigglesworth hereFollow FT Alphaville hereHosts: Gillian Tett and Robin WigglesworthProducer: Lulu Smyth Senior Producer: Michela TinderaExecutive Producers: Flo Phillips and Manuela SaragosaOriginal music and sound engineering: Breen TurnerPodcast Development: Laura ClarkeGlobal Head of Audio: Cheryl Brumley Hosted on Acast. See acast.com/privacy for more information.
Earlier this week, Donald Trump threatened to annihilate Iranian civilization. Then he said he would work with Iran to collect tolls at the Strait of Hormuz. What will he say next? Join moderator Jeffrey Goldberg, Karim Sadjapour of the Carnegie Endowment, Anne Applebaum and Nancy Youssef of The Atlantic and Gillian Tett of The Financial Times to discuss this and more.
On tonight's Nightcap: fractures begin to emerge in the two-week Iranian ceasefire Trump announced last night. Then, big swings in Georgia and Wisconsin as the votes shift towards Democrats by 20 points each. Plus, Iran demands tolls to pass through the Strait of Hormuz to be paid in Cryptocurrency. David Rohde, Gillian Tett, Tim O'Brien, and Rick Stengel join The 11th Hour this Wednesday night. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Are hidden silos inside your organization driving mistrust, miscommunication, and missed opportunities? If you lead a construction team, you've likely experienced friction between departments, unclear accountability, or costly oversights—but what if the real issue isn't your people, but how your organization is structured and how problems are categorized? In this episode you will Understand why silos naturally form and how they impact decision-making Learn how hidden assumptions and categories create blind spots in your business Discover practical ways to connect teams and improve communication without eliminating expertise Listen now to uncover how to identify, understand, and bridge silos so you can lead with clarity, alignment, and control—plus hear why we highly recommend The Silo Effect by Gillian Tett as a must-read on this topic. At Bradley Hartmann & Company, we help construction teams improve sales, leadership, and communication by reducing miscommunication, strengthening teamwork, and bridging language gaps between English and Spanish speakers. To learn more about our product offerings, visit bradleyhartmannandco.com. The Construction Leadership Podcast dives into essential leadership topics in construction, including strategy, emotional intelligence, communication skills, confidence, innovation, and effective decision-making. You'll also gain insights into delegation, cultural intelligence, goal setting, team building, employee engagement, and how to overcome common culture problems—whether you're leading a crew or managing an entire organization. Have topic ideas or guest recommendations? Contact us at info@bradleyhartmannandco.com. New podcasts are dropped every Tuesday and Thursday. This episode is brought to you by The Construction Spanish Toolbox —the most practical way for construction teams to learn jobsite-ready Spanish in just minutes a day over 6 months.
Iran's president has apologised to Gulf states for attacking them. He has also warned that Iran will not attack its neighbours "unless attacked first".Laura asks Iran's ambassador to the UK, Seyed Ali Mousavi, about the events of the past week, and what the apology really means. Paddy's been talking to an Iranian woman who has fled the country about her views on the regime and their actions over the past few months.They get together to discuss what they've heard, and have a look at how seriously we should take dire economic warnings with Gillian Tett, a columnist for the Financial Times and the head of King's College, Cambridge.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/4guXgXdNewscast brings you daily analysis of the latest political news stories from the BBC. The presenters were Laura Kuenssberg and Paddy O'Connell. It was made by Chris Flynn with Laura Cain. The social producer was Joe Wilkinson. The technical producer was Philip Bull. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
As younger generations encounter tough job and housing markets and many Americans feel left behind, it's become more popular to question the utility of the capitalistic system. Can this tide really lift all boats? In this talk from the 2025 Aspen Ideas Festival, three experts in business, economics and anthropology meet to dissect how we got to this point, and what can be done to forge a new path for capitalism. Gillian Tett of the Financial Times and Cambridge University joins Jim Sorenson, the founder of the Sorenson Impact Foundation and Joshua Bolten, the CEO of Business Roundtable for a boundary-pushing conversation. The co-executive director of the Aspen Financial Security Program, Ida Rademacher, moderates the discussion.
Hillary Clinton testifies behind closed doors about Jeffrey Epstein and accuses Republicans of attempting to distract from Donald Trump. Then, Minority Leader Hakeem Jeffries joins to talk about Trump's affordability “pivot”. Plus, Paramount appears to win the battle for Warner Brothers Discovery as Netflix drops its bid. Peter Baker, David Drucker, Sabrina Siddiqui, Rep. Hakeem Jeffries, Gillian Tett, Max Chafkin, and Joyce Vance join The 11th Hour this Thursday night. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The President's takeover bid for Greenland continues as he threatens new tariffs and declines to rule out using military force. Then, two army battalions have been put on alert for possible deployment to Minneapolis as protests continue. Plus, one month past the deadline and the DOJ has yet to release most of the Epstein files. Laura Barron-Lopez, Susan Glasser, Gillian Tett, Michael McFaul, Rohit Chopra, and Barbara McQuade join The 11th Hour this Monday night. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Seize the day with the freshest news you can use to help you conquer another active business day - from the team at BizNews and our global partners. This episode features insights into the game-changing weekend capture of Nicolas Maduro by US forces with details of the operation and US President Donald Trump sharing his next move with reporters on Air Force One; also the FT's US correspondent Gillian Tett shares her insights into what 2026 has in store for investors in Wall Street's Magnificent Seven stocks; and some good news for BizNews portfolio member Orion Minerals. This is the first episode of BizNews Daybreak for 2026. It is published at dawn, Monday through Friday.
Financial Times columnist Gillian Tett predicted that the Magnificent 7 tech stocks were not going to fall, but they wouldn't ride a lot higher either in 2025. What actually happened was a bit of a mixed bag, and Gillian says that sets these companies up for diverging paths in 2026. The era of an artificial intelligence tide lifting all boats seems to be drawing to an end. Mentioned in this podcast:Forecasting the World in 2025 Forecasting the world in 2026Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted by Sonja Hutson, and produced by Victoria Craig and Marc Filippino. Our show was mixed by Kent Militzer. Additional help from Gavin Kallmann, Michael Lello and David da Silva. The FT's acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Gillian Tett and Professor Bob Eccles discuss how anti-ESG sentiment and political tensions, particularly stemming from USA, are reshaping climate policy, corporate behaviour, and markets. These two globally respected interpreters of political economy and corporate purpose examine what this means for global action, and how leaders can navigate the fragmented landscape. 00:00 - 12:30 Understanding the Pendulum: How We Arrived at Today's Polarised Landscape 12:30 - 23:30 The Political Realignment: ESG Backlash, Cultural Fractures & the New “Stakeholders” 23:30 - 37:00 What's Happening on the Ground: The Reality of Corporate Adaptation 37:00 - end Pathways Forward: Language, Consensus-Building & the Leadership Mandate Investec Focus Radio SA
Gillian Tett and Professor Bob Eccles join us as we examine how anti-ESG sentiment and political tensions are reshaping climate policy, corporate behaviour, and markets, and what leaders can do to navigate this landscape. The views in this podcast are those of the contributors, and don't necessarily represent those of CISL, the University of Cambridge, or Investec, and should not be taken as advice or a recommendation. Investec
Alex Forsyth presents political debate from Northfield School & Sports College, Teesside.
Jimmy Kimmel's show returns to ABC's air after a brief suspension over his comments about Charlie Kirk's murder — what he had to say. Then, Donald Trump talks poll numbers and border security as he brings a campaign-style speech to the U.N. Plus, what business leaders are really thinking about the state of Trump's economy. Luke Broadwater, Leigh Ann Caldwell, Gillian Tett, Carlos Curbelo, Oliver Darcy, Angelo Carusone, and Charlie Sykes join The 11th Hour this Tuesday night. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The latest on the investigation into the assassination of right-wing political activist Charlie Kirk, and what the FBI is saying about DNA found at the crime scene. Then, the Epstein Estate turns over more documents to the House Oversight Committee – including a previously redacted name from his infamous fiftieth birthday book. Plus, the White House says the United States has the “framework” for a TikTok deal with China, however the terms of the deal remain a mystery. Peter Baker, Philip Bump, McKay Coppins, Gillian Tett, Max Chafkin, and Dan Kleban join The 11th Hour this Monday night. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Federal Reserve Governor Lisa Cook vows that she won't go down without a fight against Trump, saying she will "see him in court". Then, Trump weaponizes allegations of mortgage fraud to silence his political opponents. Plus, with Democratic governors taking a stand against Trump, how his attacks are actually helping them. Jeff Mason, Leigh Ann Caldwell, Adam Wren, Dan Nathan, Gillian Tett, Charlie Sykes, and Matt Bennett join The 11th Hour this Tuesday night.
August 17, 2025; 8am: Ukrainian President Volodymyr Zelenskyy will have reinforcements in his high-stakes meeting with President Trump at the White House. European leaders plan to join Zelenskyy when he meets with President Trump. The announcement comes after Zelenskyy said he is skeptical about Russia's willingness to work toward peace but welcomes further conversations. It will be Zelenskyy's first visit to the White House since February, when President Trump and Vice President J.D. Vance antagonized and humiliated Zelenskyy in the Oval Office on live TV.For more, follow us on social media:Bluesky: @theweekendmsnbc.bsky.socialInstagram: @theweekendmsnbcTikTok: @theweekendmsnbc To listen to this show and other MSNBC podcasts without ads, sign up for MSNBC Premium on Apple Podcasts.
This Nightcap tackles Trump's threats against courts that might try to block his trade policies. Then, the advocacy group “Democracy Forward” files a lawsuit against the Justice Department and the FBI, seeking to force them to release records about the handling of the Epstein investigation. Plus, the Texas redistricting dispute continues as Republicans escalate threats of FBI involvement to locate Democratic legislators who fled the state. Gillian Tett, Alex Wagner, Mark Joseph Stern, and David Jolly join The 11th Hour this Friday.
The House Oversight Committee subpoenas the Justice Department for its ‘Epstein files' and demands testimony from several high-profile individuals, including the Clintons. Then, DOJ weighs releasing the audio and transcript from Deputy Attorney General Todd Blanche's interview with Ghislaine Maxwell last month. Plus, Texas Republican Senator John Cornyn asks the FBI to arrest Texas Democrats who fled the state to block the GOP's redistricting plan. Jon Allen, Daniella Diaz, Jeff Mason, Ron Insana, Gillian Tett, Reed Galen, and Michael McFaul join The 11th Hour this Tuesday.
On this special episode of the Walker Webcast, recorded live at the Walker & Dunlop Summer Conference, guest host Gary Pinkus — Walker & Dunlop board member and former Chairman of McKinsey & Company — sits down with Gillian Tett, award-winning journalist, author, Chair of the Financial Times' Editorial Board, and Provost of King's College, Cambridge. You won't want to miss Gillian's unique perspective on everything from the global repercussions of the Trump presidency and the use of tariffs as a political lever, to shifting ESG narratives, varying attitudes about AI worldwide, the politicization of higher education, and what all this means for the future of real estate. Learn more about your ad choices. Visit megaphone.fm/adchoices
Fighting is intensifying inside Syria, after Israel launched a powerful series of airstrikes on the capital, Damascus. And as conflict in the Middle East escalates, Russia launched more massive air strikes on Ukraine. Christiane speaks with former British Intelligence chief John Sawers about an increasingly complicated global landscape. Also on today's show: Jason Furman, former Chairman, Council of Economic Advisers & Financial Times columnist Gillian Tett; Maryland Governor Wes Moore Learn more about your ad choices. Visit podcastchoices.com/adchoices
The concept of government is under attack. In the United States, Donald Trump has fired tens of thousands of federal workers; ignored congressional statutes; insulted judges; and allowed Elon Musk, the world's richest man, access to sensitive government information in a slash-and-burn campaign against the US government. In June 2025 Michael Lewis, the renowned author of bestselling non-fiction masterpieces including Moneyball, The Big Short, Flash Boys and Liar's Poker, came to the Intelligence Squared stage to tell the inside story of how the Trump administration is dismantling the government and how potentially disastrous the consequences for us all might be. Drawing from his new collection of essays Who is Government? The Untold Story of Public Service, Lewis argued that we must remember the often overlooked ways government officials do work that is deeply consequential to our lives. He shared impactful stories of public service, such as the story of a coal miner devoted to making mine roofs less likely to collapse and an Internal Revenue Service agent fighting tax evasion like a character straight out of a crime thriller. --- If you'd like to become a Member and get access to all our full ad free conversations, plus all of our Members-only content, just visit intelligencesquared.com/membership to find out more. For £4.99 per month you'll also receive: - Full-length and ad-free Intelligence Squared episodes, wherever you get your podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series - 15% discount on livestreams and in-person tickets for all Intelligence Squared events ... Or Subscribe on Apple for £4.99: - Full-length and ad-free Intelligence Squared podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series … Already a subscriber? Thank you for supporting our mission to foster honest debate and compelling conversations! Visit intelligencesquared.com to explore all your benefits including ad-free podcasts, exclusive bonus content and early access. … Subscribe to our newsletter here to hear about our latest events, discounts and much more. https://www.intelligencesquared.com/newsletter-signup/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
The concept of government is under attack. In the United States, Donald Trump has fired tens of thousands of federal workers; ignored congressional statutes; insulted judges; and allowed Elon Musk, the world's richest man, access to sensitive government information in a slash-and-burn campaign against the US government. In June 2025 Michael Lewis, the renowned author of bestselling non-fiction masterpieces including Moneyball, The Big Short, Flash Boys and Liar's Poker, came to the Intelligence Squared stage to tell the inside story of how the Trump administration is dismantling the government and how potentially disastrous the consequences for us all might be. Drawing from his new collection of essays Who is Government? The Untold Story of Public Service, Lewis argued that we must remember the often overlooked ways government officials do work that is deeply consequential to our lives. He shared impactful stories of public service, such as the story of a coal miner devoted to making mine roofs less likely to collapse and an Internal Revenue Service agent fighting tax evasion like a character straight out of a crime thriller. --- This is the first instalment of a two-part episode. If you'd like to become a Member and get access to all our full ad free conversations, plus all of our Members-only content, just visit intelligencesquared.com/membership to find out more. For £4.99 per month you'll also receive: - Full-length and ad-free Intelligence Squared episodes, wherever you get your podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series - 15% discount on livestreams and in-person tickets for all Intelligence Squared events ... Or Subscribe on Apple for £4.99: - Full-length and ad-free Intelligence Squared podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series … Already a subscriber? Thank you for supporting our mission to foster honest debate and compelling conversations! Visit intelligencesquared.com to explore all your benefits including ad-free podcasts, exclusive bonus content and early access. … Subscribe to our newsletter here to hear about our latest events, discounts and much more. https://www.intelligencesquared.com/newsletter-signup/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Today, we look at whether President Donald Trump will be allowed to continue with his tariffs plan.On Wednesday a court put them on hold, saying they're beyond his power, then another court reinstated them pending an appeal.Adam is joined by chief presenter in the US, Caitríona Perry, Americast's Justin Webb, and FT columnist Gillian Tett.And we find out the identity of the man who has been charged with multiple offences after a car hit fans attending Liverpool's Premier League victory celebration.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://tinyurl.com/newscastcommunityhereNew 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://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Rufus Gray with Shiler Mahmoudi. The technical producer was Michael Regaard. The assistant editor is Chris Gray. The editor is Sam Bonham.
The White House races to hold off an economic free fall. Plus, a tense court battle in the case involving the father mistakenly deported to El Salvador. And, the President escalates his threats against Harvard. Jon Allen, Luke Broadwater, Gillian Tett, Natasha Sarin, Mark Joseph Stern, Mark McKinnon, Dave Weigel, and Wilfred Frost join The 11th Hour this Tuesday.
Nicolle Wallace on continuing market volatility amid Trump's trade war with China and the Supreme Court upholding a federal judge's order requiring the Trump administration to facilitate the return of a mistakenly deported Maryland father. Joined by: Stephanie Ruhle, Ben Rhodes, Gillian Tett, Steve Liesman, Mitch Landrieu, Pablo Torre, Kristy Greenberg, Rev. Al Sharpton, and Judge Esther Salas.
Wall Street is on edge hours before Trump's newest round of tariffs is set to go in effect. And, a look at the strategy behind Trump's economic policy and the White House's plans to pass tax cuts by the summer. Plus, a conversation with author Michael Lewis on the importance of federal workers who are now being targeted by DOGE. Jeff Mason, Gillian Tett, David Gura, and Michael Lewis join the 11th Hour this Tuesday.
It's hard to understand the economic logic of President Trump's tariffs. In our last episode, we tried, but with limited success. And that might be because the logic here isn't entirely economic at all.So we wanted to spend an episode looking at Trump's economic policies through a wider lens.Gillian Tett is a columnist at The Financial Times and a member of its editorial board. She's also a trained anthropologist with a Ph.D. And she brings both perspectives into this conversation — exploring Trump's policies as economics, as well as power politics, patronage and cultural messaging — which I think makes the whole thing make a bit more sense.Mentioned:“A User's Guide to Restructuring the Global Trading System” by Stephen MiranBook Recommendations:National Power and the Structure of Foreign Trade by Albert HirschmanThe Economic Consequences of the Peace by John Maynard KeynesDebt by David GraeberHow to Think Like an Anthropologist by Matthew EngelkeThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Michelle Harris. Mixing by Isaac Jones, with Efim Shapiro and Aman Sahota. Our supervising editor is Claire Gordon. The show's production team also includes Elias Isquith, Kristin Lin and Jack McCordick. Original music by Pat McCusker and Carole Sabouraud. Audience strategy by Kristina Samulewski and Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Pat McCusker. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.