British economist and journalist
POPULARITY
Categories
Warren Buffett has announced he is stepping down as CEO of his company, Berkshire Hathaway. Buffett is one of the richest people in the world, and is widely held up as the greatest investor who ever lived. He's also been remarkably critical of other masters of the financial universe. Tim Harford talks to Financial Times journalist Robin Wigglesworth, author of the book Trillions, about Buffett's money making method, and how he used a massive bet to make a point about hedge funds. Presenter: Tim Harford Producer: Tom Colls Production co-ordinator: Brenda Brown Sound Mix: Giles Aspen Editor: Richard Vadon
What is the cash value of a human life? That's the question at the heart of The Price of Life, a book by journalist Jenny Kleeman. It turns out that there's not just one price, there are many - depending on exactly how that life is being created, traded or destroyed. Tim Harford talks to Jenny about what she discovered. Presenter: Tim Harford Producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Neil Churchill Editor: Richard Vadon
What is the error in the calculation Donald Trump used to work out his new tariffs?What happened when the government ordered a recount of bobbies on the beat?When is a tax freeze not a tax freeze?And do redheads really have a 25% higher tolerance to pain?Tim Harford investigates some of the numbers in the news. This episode was originally broadcast on the 9th April.Presenter: Tim Harford Reporter: Charlotte McDonald Producers: Nathan Gower and Lizzy McNeill Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: James Beard Editor: Richard Vadon
US President Donald Trump has announced sweeping tariffs on global trade, adding taxes of as much as 50% to imports from some countries. The tariffs, he says, are “reciprocal” – calculated to address currency manipulation and trade barriers that other countries place on the US. However, when you look at how the new tariffs were actually calculated, that claim does not add up. Tim Harford speaks to Thomas Sampson, an associate professor at the London School of Economics, to understand what is going on.Presenter: Tim Harford Producers: Lizzy McNeill and Nathan Gower Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Neil Churchill Editor: Richard Vadon
Donald Trump is raising tariffs on Canada, but has his northern neighbour done anything to deserve them?In her Spring Statement, Chancellor Rachel Reeves announced that the UK's fiscal “headroom” was, again, £9.9bn. We explore this curious coincidence.Is it true that one in four people in the UK is disabled? And what does that mean for the state of our workforce?Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Reporter: Lizzy McNeill Producer: Nathan Gower Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: James Beard Editor: Richard Vadon
Some Labour politicians have been calling for a wealth tax, claiming a 2% tax could raise £24bn. Where are the numbers from and do they add up? A listener asked why housing in the UK is the oldest in Europe. We explain what's going on. The Office for National Statistics has changed how it measures the value of pensions and knocked £2 trillion off its estimates of wealth. Not everyone thinks it was a good change. We find out why.And Lent is here, but how long is the Christian fasting period? We look at the history of a very flexible 40 days. Tim Harford investigates some of the numbers in the news, and the world around us. Presenter: Tim Harford Reporter: Lizzy McNeill Producers: Nathan Gower and Charlotte McDonald Series producer: Tom Colls Production co-ordinator: Gemma Ashman Sound mix: Gareth Jones Editor: Richard Vadon
On 27 December 2024, astronomers spotted an asteroid that was potentially heading towards earth. Named 2024 YR4, it was estimated to be between 40m and 90m across, with the potential to cause massive damage if it hit a populated area of the planet.The chances of that happening, however, seemed to fluctuate significantly - ranging from 1% to a peak of 3%, before falling to virtually zero. Tim Harford investigates what was going on, with the help of Davide Farnocchia, a navigation engineer at NASA's Jet Propulsion Laboratory.Presenter: Tim Harford Producer: Lizzy McNeill Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound Mix: Hal Haines Editor: Richard Vadon
More working age people are claiming disability benefits. What's driving the trend?Is it true that the UK imprisons more people for their social media posts than Russia does?One of the country's most important data sources has been falling apart. We find out why.Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Reporter: Lizzy McNeill Producer: Nathan Gower Series producers: Charlotte McDonald and Tom Colls Production co-ordinator: Brenda Brown Sound mix: James Beard Editor: Richard Vadon
In March 2020, the covid pandemic forced the UK into lockdown. Schools closed, universities went online and the economy shut down.It slowly became clear that young people were not falling victim to the virus in significant numbers - they made up a fraction of a percent of the overall death toll.But their lives were radically changed - most spending these formative ages stuck at home as the pandemic raged. Politicians and academics worried about the long term impact this would have on their chances in life.Five years on, Tim Harford delves into the data to try to work out what we can say with confidence about the effect of the lockdown on the children and young adults who lived through it.On questions of education levels, job prospects and mental health, what story does the best evidence show us?Presenter: Tim Harford Producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Nigel Appleton Editor: Richard Vadon
She's an economist, an institution-builder, an ecosystem-nurturer and one of our finest thinkers. Shruti Rajagopalan joins Amit Varma in episode 410 of The Seen and the Unseen to talk about her life & times -- and her remarkable work. (FOR FULL LINKED SHOW NOTES, GO TO SEENUNSEEN.IN.) Also check out: 1. Shruti Rajagopalan on Twitter, Substack, Instagram, her podcast, Ideas of India and her own website. 2. Emergent Ventures India. 3. The 1991 Project. 4. Life Lessons That Are Priceless -- Episodes 400 of The Seen and the Unseen. 5. Other episodes of The Seen and the Unseen w Shruti Rajagopalan, in reverse chronological order: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18. 6. The Day Ryan Started Masturbating -- Amit Varma's newsletter post explaining Shruti Rajagopalan's swimming pool analogy for social science research. 7. A Deep Dive Into Education -- Episode 54 of Everything is Everything. 8. Fixing Indian Education — Episode 185 of The Seen and the Unseen (w Karthik Muralidharan). 9. Population Is Not a Problem, but Our Greatest Strength -- Amit Varma. 10. Our Population Is Our Greatest Asset -- Episode 20 of Everything is Everything. 11. Where Has All the Education Gone? -- Lant Pritchett. 12. Lant Pritchett Is on Team Prosperity — Episode 379 of The Seen and the Unseen. 13. The Theory of Moral Sentiments — Adam Smith. 14. The Wealth of Nations — Adam Smith. 15. Commanding Heights -- Daniel Yergin. 16. Capitalism and Freedom -- Milton Friedman. 17. Free to Choose -- Milton Friedman and Rose Friedman. 18. Economics in One Lesson -- Henry Hazlitt. 19. The Road to Serfdom -- Friedrich Hayek. 20. Four Papers That Changed the World -- Episode 41 of Everything is Everything. 21. The Use of Knowledge in Society -- Friedrich Hayek. 22. Individualism and Economic Order -- Friedrich Hayek. 23. Understanding the State -- Episode 25 of Everything is Everything. 24. Richard E Wagner at Mercatus and Amazon. 25. Larry White and the First Principles of Money -- Episode 397 of The Seen and the Unseen. 26. Fixing the Knowledge Society -- Episode 24 of Everything is Everything. 27. Marginal Revolution. 28. Paul Graham's essays. 29. Commands and controls: Planning for indian industrial development, 1951–1990 -- Rakesh Mohan and Vandana Aggarwal. 30. The Reformers -- Episode 28 of Everything is Everything. 31. India: Planning for Industrialization -- Jagdish Bhagwati and Padma Desai. 32. Open Borders: The Science and Ethics of Immigration -- Bryan Caplan and Zach Weinersmith. 33. Cows on India Uncut. 34. Abdul Karim Khan on Spotify and YouTube. 35. The Surface Area of Serendipity -- Episode 39 of Everything is Everything. 36. Objects From Our Past -- Episode 77 of Everything is Everything. 37. Sriya Iyer on the Economics of Religion -- The Ideas of India Podcast. 38. Episodes of The Seen and the Unseen with Ramachandra Guha: 1, 2, 3, 4, 5, 6. 39. Episodes of The Seen and the Unseen with Pratap Bhanu Mehta: 1, 2. 40. Rohit Lamba Reimagines India's Economic Policy Emphasis -- The Ideas of India Podcast. 41. Rohit Lamba Will Never Be Bezubaan — Episode 378 of The Seen and the Unseen. 42. The Constitutional Law and Philosophy blog. 43. Cost and Choice -- James Buchanan. 44. Philip Wicksteed. 45. Pratap Bhanu Mehta on The Theory of Moral Sentiments -- The Ideas of India Podcast. 46. Conversation and Society — Episode 182 of The Seen and the Unseen (w Russ Roberts). 47. The Common Sense of Political Economy -- Philip Wicksteed. 48. Narendra Shenoy and Mr Narendra Shenoy — Episode 250 of The Seen and the Unseen. 49. Sudhir Sarnobat Works to Understand the World — Episode 350 of The Seen and the Unseen. 50. Manmohan Singh: India's Finest Talent Scout -- Shruti Rajagopalan. 51. The Importance of the 1991 Reforms — Episode 237 of The Seen and the Unseen (w Shruti Rajagopalan and Ajay Shah). 52. The Life and Times of Montek Singh Ahluwalia — Episode 285 of The Seen and the Unseen. 53. The Forgotten Greatness of PV Narasimha Rao — Episode 283 of The Seen and the Unseen (w Vinay Sitapati). 54. India's Massive Pensions Crisis — Episode 347 of The Seen and the Unseen (w Ajay Shah & Renuka Sane). 55. The Life and Times of KP Krishnan — Episode 355 of The Seen and the Unseen. 56. Breaking Through — Isher Judge Ahluwalia. 57. Breaking Out — Padma Desai. 58. Perestroika in Perspective -- Padma Desai. 59. Shephali Bhatt Is Searching for the Incredible — Episode 391 of The Seen and the Unseen. 60. Pics from the Seen-Unseen party. 61. Pramod Varma on India's Digital Empowerment -- Episode 50 of Brave New World. 59. Niranjan Rajadhyaksha Is the Impartial Spectator — Episode 388 of The Seen and the Unseen. 60. Our Parliament and Our Democracy — Episode 253 of The Seen and the Unseen (w MR Madhavan). 61. Episodes of The Seen and the Unseen with Pranay Kotasthane: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13. 62. The Overton Window. 63. When Ideas Have Sex -- Matt Ridley. 64. The Three Languages of Politics — Arnold Kling. 65. Arnold Kling and the Four Languages of Politics -- Episode 394 of The Seen and the Unseen. 66. The Double ‘Thank You' Moment — John Stossel. 67. Economic growth is enough and only economic growth is enough — Lant Pritchett with Addison Lewis. 68. What is Libertarianism? — Episode 117 of The Seen and the Unseen (w David Boaz). 69. What Does It Mean to Be Libertarian? — Episode 64 of The Seen and the Unseen. 70. The Libertarian Mind: A Manifesto for Freedom -- David Boaz. 71. Publish and Perish — Agnes Callard. 72. Classical Liberal Institute. 73. Shruti Rajagopalan's YouTube talk on constitutional amendments. 74. What I, as a development economist, have been actively “for” -- Lant Pritchett. 75. Can Economics Become More Reflexive? — Vijayendra Rao. 76. Premature Imitation and India's Flailing State — Shruti Rajagopalan & Alexander Tabarrok. 77. Elite Imitation in Public Policy — Episode 180 of The Seen and the Unseen (w Shruti Rajagopalan and Alex Tabarrok). 78. Invisible Infrastructure -- Episode 82 of Everything is Everything. 79. The Sundara Kanda. 80. Devdutt Pattanaik and the Stories That Shape Us -- Episode 404 of The Seen and the Unseen. 81. Y Combinator. 82. Space Fields. 83. Apoorwa Masuk, Onkar Singh Batra, Naman Pushp, Angad Daryani, Deepak VS and Srijon Sarkar. 84. Deepak VS and the Man Behind His Face — Episode 373 of The Seen and the Unseen. 85. You've Got To Hide Your Love Away -- The Beatles. 86. Caste, Capitalism and Chandra Bhan Prasad — Episode 296 of The Seen and the Unseen. 87. Data For India -- Rukmini S's startup. 88. Whole Numbers And Half Truths — Rukmini S. 89. The Moving Curve — Rukmini S's Covid podcast, also on all podcast apps. 90. The Importance of Data Journalism — Episode 196 of The Seen and the Unseen (w Rukmini S). 91. Rukmini Sees India's Multitudes — Episode 261 of The Seen and the Unseen (w Rukmini S). 92. Prosperiti. 93. This Be The Verse — Philip Larkin. 94. The Dilemma of an Indian Liberal -- Gurcharan Das. 95. Zakir: 1951-2024 -- Shruti Rajagopalan. 96. Dazzling Blue -- Paul Simon, featuring Karaikudi R Mani. 97. John Coltrane, Shakti, Zakir Hussain, Ali Akbar Khan, Pannalal Ghosh, Nikhil Banerjee, Vilayat Khan, Bismillah Khan, Ravi Shankar, Bhimsen Joshi, Bade Ghulam Ali Khan, Nusrat Fateh Ali Khan, Esperanza Spalding, MS Subbulakshmi, Lalgudi Jayaraman, TN Krishnan, Sanjay Subrahmanyan, Ranjani-Gayatri and TM Krishna on Spotify. 98. James Buchanan, Gordon Tullock, Israel Kirzner, Mario Rizzo, Vernon Smith, Thomas Schelling and Ronald Coase. 99. The Calculus of Consent -- James Buchanan and Gordon Tullock. 100. Tim Harford and Martin Wolf. 101. The Shawshank Redemption -- Frank Darabont. 102. The Marriage of Figaro in The Shawshank Redemption. 103. An Equal Music -- Vikram Seth. 104. Beethoven: Symphony No. 7 - Zubin Mehta and the Belgrade Philharmonic. 105. Pyotr Ilyich Tchaikovsky's violin concertos. 106. Animal Farm -- George Orwell. 107. Down and Out in Paris and London -- George Orwell. 108. Gulliver's Travels -- Jonathan Swift. 109. Alice in Wonderland and Through the Looking Glass -- Lewis Carroll. 110. One Day in the Life of Ivan Denisovich -- Aleksandr Solzhenitsyn. 111. The Gulag Archipelago -- Aleksandr Solzhenitsyn. 112. Khosla Ka Ghosla -- Dibakar Banerjee. 113. Mr India -- Shekhar Kapur. 114. Chalti Ka Naam Gaadi -- Satyen Bose. 114. Finding Nemo -- Andrew Stanton. 115. Tom and Jerry and Bugs Bunny. 116. Michael Madana Kama Rajan -- Singeetam Srinivasa Rao. 117. The Music Box, with Laurel and Hardy. 118. The Disciple -- Chaitanya Tamhane. 119. Court -- Chaitanya Tamhane. 120. Dwarkesh Patel on YouTube. Amit Varma and Ajay Shah have launched a new course called Life Lessons, which aims to be a launchpad towards learning essential life skills all of you need. For more details, and to sign up, click here. Amit and Ajay also bring out a weekly YouTube show, Everything is Everything. Have you watched it yet? You must! And have you read Amit's newsletter? Subscribe right away to The India Uncut Newsletter! It's free! Also check out Amit's online course, The Art of Clear Writing. Episode art: ‘Learn' by Simahina.
Michael talks with Tim Harford, author of "The Data Detective: Ten Easy Rules to Make Sense of Statistics." Today we think statistics are the enemy, numbers used to mislead and confuse us. That's a mistake, Tim Harford says in The Data Detective. We shouldn't be suspicious of statistics—we need to understand what they mean and how they can improve our lives: they are, at heart, human behavior seen through the prism of numbers and are often “the only way of grasping much of what is going on around us.” If we can toss aside our fears and learn to approach them clearly—understanding how our own preconceptions lead us astray—statistics can point to ways we can live better and work smarter. Original air date 10 February 2021.
This is it. Today we present you a massive special episode full of wisdom, which answers your final pressing questions. Listeners wrote in from around the world — from Perth to Virginia to Prague — asking about music, cooking, careers, home, fashion and how to live a good life. Lilah invites her colleagues and friends on to explore them. And now, all there is left to say is a big, loud, wholehearted, vigorous thank you.-------Please keep in touch – Lilah loves hearing from you and will still be posting about culture, food, art and more on Instagram @lilahrap. Email her at lilahrap@ft.com.You can read Globetrotter at ft.com/globetrotter and follow along @ftglobetrotter on Instagram.-------Links (all FT links get you past the paywall): – Tim Harford's podcast is called Cautionary Tales, and his column is The Undercover Economist. He references Adam Gopnik and Oliver Burkeman, and if you want to lead a better life by spending less time on the internet, he recommends Cal Newport's book Digital Minimalism.– Here are the cookbooks Harriet Fitch Little and Lilah mentioned: Fuchsia Dunlop's The Food of Sichuan, Fadi Kattan's Bethlehem, Maria Bradford's Sweet Salone, and Pati Jinich's Treasures of the Mexican Table. Harriet is on Instagram at @hufffffle.– Isabel Berwick's Working It newsletter is here, and her book is called The Future-Proof Career.– Eric Platt, at the time of recording, was wearing a heather gray turtleneck and navy corduroys from Officine Générale and black Prada combat boots. If you're interested in corporate finance, he's on X and Bluesky @EricGPlatt.– Ludovic Hunter-Tilney mentions Gang Starr's 1994 song “Mostly tha Voice”, A Tribe Called Quest, Public Enemy's first album Yo! Bum Rush the Show (1987), and Migos. One of his most listened to songs of 2024 was “Bande organisée”, by Marseille rap group 13'Organisé. Here's another episode we love with Ludo, on Taylor Swift (Apple, Spotify).– Enuma Okoro is an FT Weekend columnist. Here's her most recent column, on new ways to think about the new year.-------Special FT subscription offers for Life and Art listeners are here: http://ft.com/lifeandart-------Music credits: Jive Records, Chrysalis and EMI Records, Quality Control MusicRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Our guest in this episode is Jeff LaPorte, a software engineer, entrepreneur and investor based in Vancouver, who writes Road to Artificia, a newsletter about discovering the principles of post‑AI societies.Calum recently came across Jeff's article “Valuing Humans in the Age of Superintelligence: HumaneRank” and thought it had some good, original ideas, so we wanted to invite Jeff onto the podcast and explore them.Selected follow-ups:Jeff LaPorte personal business websiteRoad to Artificia: A newsletter about discovering the principles of societies post‑AIValuing Humans in the Age of Superintelligence: HumaneRankIdeas Lying Around - article by Cory Doctorow about a famous saying by Milton FriedmanPageRank - WikipediaNosedive (Black Mirror episode) - IMDbThe Economic Singularity - book by Calum ChaceWorld Chess Championship 2024 - WIkipediaWALL.E (2008 movie) - IMDbA day in the life of Asimov, 2045 - short story by David WoodWhy didn't electricity immediately change manufacturing? - by Tim Harford, BBCResponsible use of artificial intelligence in government - Government of CanadaBipartisan House Task Force Report on Artificial Intelligence - U.S. House of RepresentativesMusic: Spike Protein, by Koi Discovery, available under CC0 1.0 Public Domain Declaration
To celebrate 2024, we're taking a look backwards, and diving into the standout thinkers who have taken to the Intelligence Squared stage in the past 12 months. You might still be on the hunt for that perfect gift for the avid reader in your life, or perhaps you're after some food for thought over the festive period. Either way, this 12 episode mini series will highlight the books that shaped 2024. We hope you'll join us in 2025 for more events that intrigue, fascinate and entertain. Organisational psychologist and bestselling author Adam Grant is one of the most sought-after business minds in the world and has provided expert advice to many of the world's greatest business leaders, including Bill Gates and Sheryl Sandberg, equipping them with the mental tools to find motivation and meaning, rethink assumptions, and achieve greatness in their business and personal lives. For this Intelligence Squared live event, Grant joined economic journalist, FT senior columnist and author Tim Harford live on stage, to discuss how to achieve great results and the themes of Grant's latest book, Hidden Potential. If you'd like to get access to all of our longer form interviews and 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 - Our member-only newsletter The Monthly Read, sent straight to your inbox ... 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, early access and much more ... 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
This event was supported by Guinness Global Investors. For the final instalment of the Intelligence Squared Economic Outlook series for 2024, Financial Times columnist Tim Harford joined us to interrogate what the numbers are really telling us about the economy – and what those numbers tell us about what lies ahead. As the FT's Undercover Economist, Harford demonstrates a remarkable ability to explain and communicate complex economic data in ways that are compelling and entertaining. This episode was recorded at The Tabernacle in London on Tuesday November 26, as Harford put our current economic challenges and opportunities into historical perspective and sought to map out the economic landscape we can expect in 2025. This is the second 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 Learn more about your ad choices. Visit podcastchoices.com/adchoices
This event was supported by Guinness Global Investors. For the final instalment of the Intelligence Squared Economic Outlook series for 2024, Financial Times columnist Tim Harford joined us to interrogate what the numbers are really telling us about the economy – and what those numbers tell us about what lies ahead. As the FT's Undercover Economist, Harford demonstrates a remarkable ability to explain and communicate complex economic data in ways that are compelling and entertaining. This episode was recorded at The Tabernacle in London on Tuesday November 26, as Harford put our current economic challenges and opportunities into historical perspective and sought to map out the economic landscape we can expect in 2025. 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 Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Undercover Economist, Tim Harford joins Steph to answer your questions, including how a taxless society would operate, whether we can get ourselves out of economic mess by making different lifestyle choices and where butter mountains and wine lakes come from. Sign up to our newsletter to get more stories from the world of business and finance. Email: restismoney@gmail.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices
A huge quantity of clothing is produced every year around the world. But is so much made that there are already enough tops, trousers, skirts and all the rest to clothe humanity for decades into the future? That's a claim that has been percolating around the internet recently, that there are already enough clothes for the next six generations. Tim Harford and Beth Ashmead Latham explore the source of this claim and, with help from Sabina Lawreniuk from Nottingham University, find that the evidence behind it is far from persuasive.Presenter: Tim Harford and Bethan Ashmead Latham Producer: Bethan Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound Mix: Annie Gardiner Editor: Richard Vadon
What do beards, bachelors and windows have in common? Financial Times Columnist, Tim Harford takes us on a tax tour. And with £40 billion pounds worth of tax rises coming our way, Tim chats to Steph about what difference they'll make and whether we'll get the growth Labour want. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The great theories of economics seem to have great explanatory power, but the actual world is often far too complicated and messy to fully test them out. Professor Ignacio Palacios-Huerta, an economist at the London School of Economics has an answer – sport. In the contained setting of competitive sport, he says, the rules are clear and you know who is doing what. This means, with some analysis, you can see vibrant illustrations of well-known economic theories playing out before your eyes. Ignacio talks to Tim Harford about some of his favourite economic theories, demonstrated in action in sporting competition.Presenter: Tim Harford Producer: Natasha Fernandes Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: John Scott Editor: Richard Vadon
Could the cut in winter fuel payments cost thousands of lives? Is it really true that criminals sentenced to three years will be out of prison in two months? Are older drivers more dangerous than young ones? Do Southeastern Railway shift 50 million leaves from their lines?Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Reporters: Bethan Ashmead Latham and Nathan Gower Producer: Natasha Fernandes Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: James Beard Editor: Richard Vadon
On the campaign trail for the US presidency, former president Donald Trump has been saying that the US is becoming a more dangerous than Venezuela.He also claims that the crime data for the US that the FBI collects is missing the most violent cities. Is he right? Tim Harford investigates, with the help of Bastian Herre from Our World in Data and Jay Albanese from Virginia Commonwealth University.Presenter: Tim Harford Producer: Bethan Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound Mix: Annie Gardiner Editor: Richard Vadon
We ask economists for their expertise all the time on The Indicator, so why not their tips on love? On our final installment of Love Week, we ask economist Tim Harford to answer listeners' relationship quandaries, from paying for a first date to alternatives to saying, 'I love you.' Thanks to Grant-Lee Phillps for composing our Love Week theme song and Kaitlin Brito for artwork. Related episodes: Trying to fix the dating app backlash (Apple / Spotify)How American heiresses became Dollar Princesses (Apple / Spotify) Why the publishing industry is hot (and bothered) for romance (Apple / Spotify) It's Love Week! How the TV holiday rom-com got so successful (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
The question of why some countries are rich and some poor has been described as the most important question in economics. Perhaps that is why the Royal Swedish Academy of Sciences awarded the Nobel Memorial Prize in Economics to Daron Acemoglu, Simon Johnson and James Robinson for their work on the importance of institutions in the economic fortunes of nation states. Tim Harford explains the economic theory that underpins their award.Presenter: Charlotte McDonald Reporter: Tim Harford Producer: Bethan Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Giles Aspen Editor: Richard Vadon
Can we teach BBC political editor Chris Mason some new maths skills? Do 60 of the UK's richest people pay 100% tax? Have water bills fallen in real terms since 2010? When it comes to HPV and cervical cancer, is zero a small number?Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Producers: Nathan Gower and Bethan Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Sarah Hockley Editor: Richard Vadon
Professor Sir David Spiegelhalter is one of the great communicators of probability and uncertainty. His new book, The Art of Uncertainty, explains how to approach uncertainty, luck, probability and ignorance. Tim Harford talks to Sir David about double yoked eggs, the Bay of Pigs, and his top tips for politicians who want to communicate evidence and uncertainty. Presenter: Tim Harford Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: John Scott Editor: Richard Vadon
Are childhood obesity rates going down? Do 35 million birds die every year in the UK after hitting windows? How much money could the Chancellor find by changing the debt rule? And Professor Sir David Spiegelhalter contemplates the probability of his own conception.Tim Harford investigates some of the numbers in the news, and in life. Presenter: Tim Harford Reporter: Charlotte MacDonald Producers: Bethan Ashmead Latham, Natasha Fernandes and Nathan Gower Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Neil Churchill Editor: Richard Vadon
National Geographic magazine recently wrote that “people in the United States eat more than 672 billion pounds of corn per year, which breaks down to more than 2,000 pounds per person annually”.Is this really true? Tim Harford investigates all the things that we don't eat, that are counted in this number. Presenter: Tim Harford Producer: Bethan Ashmead Latham Production co-ordinator: Katie Morrison Sound mix: Giles Aspen Editor: Richard Vadon
Are GPs really working less hours per week? Does Wetherspoons really pay one in every £1000 of tax in the UK? Are more people in the UK economically inactive? How long does it take two rats to produce 17 octillion rats?Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Reporters: Natasha Fernandes and Bethan Ashmead-Latham Producer: Nathan Gower Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Sarah Hockley Editor: Richard Vadon
Each weekend on Best Of The Gist, we listen back to an archival Gist segment from the past, then we replay something from the past week. This weekend, we rewind to Mike's 2016 interview with Tim Harford, author of Messy: The Power of Disorder to Transform Our Lives. In it, he makes the case for routine-busting labor strikes, cluttered desks, and leaving your emails unsorted. He also explains why we're smart to want scatterbrained musicians and orderly accountants. Then we'll replay our most recent Tuesday Spiel, in which Mike weighs in on the controversial topic of the canine gut biome. Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show: https://advertisecast.com/TheGist Subscribe to our ad-free and/or PescaPlus versions of The Gist: https://subscribe.mikepesca.com/ Follow Mike's Substack: Pesca Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices
Why do some puzzles make us immediately leap to the wrong conclusion?That's the subject of Alex Bellos' new book Think Twice, which has page after page of questions designed to deceive.Alex sets Tim Harford some of his favourite puzzles. Presenter: Tim Harford Series producer: Tom Colls Production co-ordinator: Katie Morrison and Janet Staples Sound mix: Donald MacDonald Editor: Richard Vadon
The government is encouraging pensioners to claim pension credit in order to remain eligible for winter fuel payments. Will people sign up - and might that end up costing the exchequer more than it saves?The Office for National Statistics has downgraded the status of a new statistic aiming to measure how many people are transgender. What went wrong?Cancer appears to be on the rise in people under 50. But are more people dying?And try your hand at a puzzle you're likely to get wrong.Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Producers: Natasha Fernandes and Bethan Ashmead-Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Sarah Hockley Editor: Richard Vadon
Can we be sure that thousands of millionaires are leaving the UK? How much do asylum seekers cost the state? Who will win a geeky bet on private school pupil numbers? What does a string quartet teach us about the woes of the National Health Service?Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Producers: Caroline Bayley, Natasha Fernandes and Bethan Ashmead-Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Sarah Hockley Editor: Richard Vadon
Big stakes poker player and elections analyst Nate Silver is no stranger to a calculated risk. In his new book, On The Edge, he makes the case that people willing to take massive calculated risks are winning in the modern economy. Tim Harford talks to Nate about the mindset that's driving hedge fund managers, crypto true-believers and silicon valley investors.Presenter: Tim Harford Producer: Beth Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Nigel Appleton Editor: Richard Vadon
Do illegal migrants receive more in benefits than pensioners? Was Energy Secretary Ed Miliband right to celebrate a “record breaking” renewable energy auction? Is one divided by zero infinity? Why don't we spend more on evidence that government spending works? And how long does it actually take to turn around an oil tanker?Tim Harford investigates some of the numbers in the news.Presenter: Tim Harford Reporter: Charlotte McDonald Producers: Natasha Fernandes, Bethan Ashmead-Latham and Nathan Gower Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Gareth Jones Editor: Richard Vadon
Do half of children in Wales have special educational needs? Are permanent exclusions at the highest ever level in England? Labour are talking about a £22bn black hole. Is that a new black hole in the finances? Are there more Ghanaian nurses in the UK than in Ghana? Can you divide one by zero?Tim Harford looks at some of the numbers in the news.Presenter: Tim Harford Reporters: Kate Lamble and Nathan Gower Producer: Beth Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Andy Fell Editor: Richard Vadon
Keir Lumsden: When Feedback Loops Fail, And What Scrum Masters Can Do To Help Their Teams Apply Empirical Processes Read the full Show Notes and search through the world's largest audio library on Scrum directly on the Scrum Master Toolbox Podcast website: http://bit.ly/SMTP_ShowNotes. Keir shares a story about a team struggling with a lack of empiricism, where feedback loops were missing, and progress was unclear. Despite having a bonus on the line, the team couldn't grasp their situation. Keir used visual tools like a burn-up chart to create the necessary transparency, ultimately sparking the critical conversations that led to change. Are your sprint reviews providing the feedback your team needs? Keir shares tips on fostering transparency and ensuring teams can showcase tangible progress. Featured Book of the Week: "Adapt: Why Success Always Starts with Failure" by Tim Harford Keir discusses "Adapt" by Tim Harford, a book that explores why success often starts with failure. Harford argues that solving complex problems requires practical experimentation rather than theoretical plans. How do you approach problem-solving in your team? Keir highlights key insights from the book, emphasizing the value of hands-on solutions and the lessons that come from iterative learning. [IMAGE HERE] Do you wish you had decades of experience? Learn from the Best Scrum Masters In The World, Today! The Tips from the Trenches - Scrum Master edition audiobook includes hours of audio interviews with SM's that have decades of experience: from Mike Cohn to Linda Rising, Christopher Avery, and many more. Super-experienced Scrum Masters share their hard-earned lessons with you. Learn those today, make your teams awesome! About Keir Lumsden Keir Lumsden joins us from the UK. A former developer, Keir has been fully immersed in Agile practices for the past 10 years. With a mind that constantly seeks lessons beyond the realm of software development, he enjoys writing and speaking about these insights. You can link with Keir Lumsden on LinkedIn.
Emily Oster is an economist whose analytical eye is often focused on how to make better sense of the data behind raising children. As professor of economics at Brown University her analysis of the facts and figures involved in parenting have made her one of the most influential thinkers in how to create healthier families in recent years. Her books include Cribsheet, Expecting Better and The Family Firm, and she's the founder of Parentdata.org, a data-driven guide through pregnancy, parenthood and beyond. Her latest book is The Unexpected: Navigating Pregnancy During and After Complications. Joining her in conversation for this episode is another sharp mind with facts and figures, Tim Harford, senior columnist at The Financial Times, host of the Cautionary Tales podcast and author of his first children's book: The Truth Detective. We are sponsored by Indeed. Go to Indeed.com/IS for £100 sponsored credit. If you'd like to become a Member and get access to all of our longer form interviews and 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 - Our member-only newsletter The Monthly Read, sent straight to your inbox ... 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
How can tennis star Roger Federer have won only 54% of the points he played, but been the best player in the world? Jeff Sackmann, the tennis stats brain behind tennisabstract.com, explains to Tim Harford how probability works in the sport.Presenter: Tim Harford Producer: Debbie Richford Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound Mix: Nigel Appleton Editor: Richard Vadon
You might have found it boring in school maths classes, but Matt Parker thinks we should all learn to love trigonometry. The ‘Love Triangle' author talks to Tim Harford about the maths used in GPS, architecture and special effects. Presenter: Tim Harford Producer: Debbie Richford Series Producer: Tom Colls Production Co-ordinator: Brenda Brown Sound Mix: Nigel Appleton Editor: Richard Vadon
Are Labour right about employment? Are the Conservatives right about cutting NHS managers? Are the Lib Dems right about share buyback? Are Reform UK right about their tax plans? How do they make the exit poll so accurate? What are the odds of meeting a very tall man in finance (with a trust fund)? What does it mean that Roger Federer only won 54% of the points he played? Tim Harford investigates some of the numbers in the news. Presenter: Tim Harford Reporter: Kate Lamble Producers: Nathan Gower, Beth Ashmead Latham and Debbie Richford Series producer: Tom Colls Production coordinator: Brenda Brown Sound mix: Rod Farquhar Editor: Richard Vadon
he US has been portrayed as in the grip of a maternal mortality crisis. In contrast to most other developed nations, the rate of maternal deaths in the US has been going up since the early 2000s. But why? With the help of Saloni Dattani, a researcher at Our World in Data, Tim Harford explores how a gradual change in the way the data was gathered lies at the heart of the problem. Presenter: Tim Harford Producer: Debbie Richford Production Co-ordinator: Brenda Brown Series Producer: Tom Colls Sound Mix: Emma Harth Editor: Richard Vadon
Are Labour right about the Liz Truss effect on mortgages? Are the Conservatives right about pensioners? Are Plaid Cymru right about spending? Are the Lib Dems right about care funding? Is Count Binface right about croissants?Why are MRP polls coming up with such different numbers?Do erections require a litre of blood?Tim Harford investigates the numbers in the news.Presenter: Tim Harford Reporter: Kate Lamble Producers: Simon Tulett, Nathan Gower, Beth Ashmead Latham and Debbie Richford Series producer: Tom Colls Production coordinator: Brenda Brown Sound mix: Rod Farquhar Editor: Richard Vadon
Will Conservative policies raise mortgages by £4800, as Labour claim? Are primary school kids in England the best readers in the (western) world, as the Conservatives claim? Are there more potholes in the UK than craters on the moon? Tim Harford investigates some of the numbers in the news. Presenter: Tim Harford Reporter: Kate Lamble Producers: Nathan Gower, Simon Tullet Beth Ashmead-Latham and Debbie Richford Production coordinator: Brenda Brown Sound mix: James Beard Editor: Richard Vadon
Sam Israel had a problem. The investors in his hedge fund, Bayou Capital, were expecting spectacular returns. Sam himself had spent years proclaiming the fund's brilliant results. In reality, Sam had been marking his own homework, publishing fraudulent accounts and using these to lure in new investors. What to do? Well, the logical thing of course: wait around for an extraordinary profitable streak, and in the meantime keep up the ruse...We're bringing you an episode of Cautionary Tales with Tim Harford. This episode was recorded live at the Bristol Festival of Economics and studies three incredible investment scams. How do pyramid and ponzi schemes snowball out of control, flattening victim and fraudster alike?For a full list of sources, see the show notes at timharford.com.See omnystudio.com/listener for privacy information.
Bonus: When Spanish conquistadors arrived in Peru in 1526, it was the beginning of the end for the Inca. Their bloody pursuit of gold, fame and fortune was rife with treachery and deceit. Within a few short years, the once-thriving Inca empire had been decimated. Tim Harford is joined by Dan Snow for a special crossover episode of Cautionary Tales and Dan Snow's History Hit. Tim and Dan first recap the spectacular defeat of the French knights at the Battle of Crécy in 1346, and then draw surprising parallels with the fall of the Inca Empire two centuries later.See omnystudio.com/listener for privacy information.
The English won a decisive battlefield victory over the French in the first decade of the Hundred Years' War. At the Battle of Crécy, an outnumbered English army went up against thousands of French mounted knights, the finest cavalry in Western Europe at that time. Relying on their famed longbowmen, The English under Edward III weathered French cavalry charges until the forces of King Philip VI were forced to retreat. The victory paved the way for the capture of Calais, which gave the English a foothold in France for over two centuries.In this very special episode Dan teams up with Tim Harford, host of the 'Cautionary Tales' podcast. Tim and Dan delve into the details of this crucial battle to learn about the catastrophic mistakes that were made, and why.Produced by Mariana Des Forges and James Hickmann, and edited by Dougal Patmore.Enjoy unlimited access to award-winning original documentaries that are released weekly and AD-FREE podcasts. Get a subscription for £1 per month for 3 months with code DANSNOW sign up at https://historyhit/subscription/We'd love to hear from you- what do you want to hear an episode on? You can email the podcast at ds.hh@historyhit.com.You can take part in our listener survey here.
To mark International Day of Happiness and the release of the annual World Happiness Report, Dr Laurie Santos talks to fellow Pushkin podcasters Dr Maya Shankar, Tim Harford and Malcolm Gladwell about the happiness topics that they would like to see raised on this day of global wellbeing awareness. The discussion ranges from how to quiet your inner monologue; though the misery of running in a Canadian winter; to the happiness lessons to be learned from a colonoscopy. See omnystudio.com/listener for privacy information.
To mark International Day of Happiness and the release of the annual World Happiness Report, Dr Laurie Santos talks to fellow Pushkin podcasters Dr Maya Shankar, Tim Harford and Malcolm Gladwell about the happiness topics that they would like to see raised on this day of global wellbeing awareness. The discussion ranges from how to quiet your inner monologue; though the misery of running in a Canadian winter; to the happiness lessons to be learned from a colonoscopy. See omnystudio.com/listener for privacy information.
We often think adding more things to our lives will make us happier - more trips, more activities, more possessions. Sadly our minds find it hard to comprehend that having less and doing less is usually a better option. Dr Laurie Santos teams up with economist Tim Harford (host of Cautionary Tales) to examine why we find subtraction so very hard, and share tips for finding happiness by cutting down on our commitments. See omnystudio.com/listener for privacy information.