Money Talks from The Economist
478 episodes - English - Latest episode: about 1 month ago - ★★★★ - 675 ratingsTake a seat at the table and learn about the biggest stories in financial markets, the economy and business. Each week our editors and correspondents explore how economics influences the world we live in and share their insights across a range of topics. From inflation and recession risk to all things crypto and even the commercial success of K-pop, we have you covered. Published every Thursday.
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Episodes
Money Talks: Peak car?
April 28, 2020 16:37 - 25 minutes - 36.4 MBLockdowns worldwide have brought the automobile industry to a standstill. Hakan Samuelsson, the CEO of Volvo, explains why the solution to the crisis will not be as simple as getting factories moving again. Host Rachana Shanbhogue asks Simon Wright, industry editor, and Patrick Foulis, business affairs editor, whether carmakers can still afford to invest in the cutting-edge technologies that could transport them to a greener, safer future. Has the world passed peak car? Read The Economist’s...
Money Talks: Hedging their bets
April 21, 2020 17:31 - 26 minutes - 36.9 MBHedge funds are usually seen as the risk-takers of the financial world, but how have they been performing in these times of economic turmoil? And, why the coronavirus pandemic could lead to the deaths of millions of small businesses. Plus, the problem of moral hazard—could government bail-outs have unintended consequences? Patrick Lane hosts You can read The Economist’s full coverage of the coronavirus. Please subscribe for full access to print, digital and audio editions: www.economist.co...
Money Talks: The business of survival
April 14, 2020 18:16 - 27 minutes - 38.5 MBWith countries accounting for more than half of global GDP in lockdown, the collapse of commercial activity is unprecedented. Falling demand and a bitter price war had pushed the price of crude oil to its lowest since 1999. Could a historic deal between oil producers be enough to stabilise the market? Plus, those companies that survive the coronavirus crisis will have to adapt to a very different environment. And, how to reopen factories after covid-19. Patrick Lane hosts For more on the p...
Money Talks: Banking on it
April 07, 2020 18:06 - 27 minutes - 37.9 MBBanks have entered this financial crisis in better health than the previous one. But how sick might they get? Emerging-market lockdowns match rich-world ones but their governments cannot afford such generous handouts. Nobel laureate Joseph Stiglitz explains how emerging economies might weather the pandemic. And how Silicon Valley's unicorns are losing their sheen. Simon Long hosts For more on the pandemic, see The Economist's coronavirus hub. And please subscribe to The Economist for f...
Money Talks: The home front
March 31, 2020 15:36 - 22 minutes - 32.9 MBAt the beginning of a financial year like no other, millions of newly furloughed or unemployed Americans face rent and mortgage payments. How long can the financial system withstand the strain caused by the coronavirus pandemic? Many employees have had to make a quick transition to remote working. Businesses struggling to make the switch could look to those companies that have never had an office. And, a day in the life of Bartleby—and his cat. Rachana Shanbhogue hosts. The Economist is mak...
Money Talks: Closed for business
March 24, 2020 17:22 - 26 minutes - 36.9 MBIn a desperate attempt to slow the spread of covid-19, governments around the world are ordering residents to stay at home. As the number of fatalities increases, so do the corporate casualties. Which companies are worst-hit and how long will they be closed? And, as Americans stock up on goods in preparation for lockdown, a peek into the pantry shows the scale of the challenge facing one of the country's core industries–dairy. Plus, can global trade weather the economic havoc caused by the v...
Money Talks: Nearing zero
March 17, 2020 18:22 - 24 minutes - 33.6 MBAmerica’s Federal Reserve cut interest rates to close to zero to try to ease the economic pain caused by the outbreak of covid-19. What more can central banks do? And, why are many companies fleeing to cash? As consumers race to buy pasta and toilet rolls, what are governments shopping for? Simon Long hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer And go to www.economist.com/coronavirus for our full coverage on ...
Money Talks: Another Black Monday
March 10, 2020 17:32 - 21 minutes - 30.1 MBFinancial markets are reeling from a new “Black Monday” which saw oil prices tumble and stocks plunge in the most brutal day for the market since the global financial crisis of 2007-2009. Slumping demand caused by the spread of the novel coronavirus has sparked a crude-oil price war. What are the ramifications? And, how the virus is boosting a fledgling Chinese industry. Patrick Lane hosts ____________________ Please subscribe to The Economist for full access to print, digital and audio e...
Money Talks: How to save the world economy?
March 03, 2020 19:48 - 18 minutes - 25.7 MBThe Federal Reserve has cut interest rates in the face of increasing concern about the economic impact of the new coronavirus. It follows warnings from forecasters that the outbreak could tip some countries into recession. What more needs to be done to prevent a full-scale downturn? The Economist’s Europe economics correspondent Rachana Shanbhogue asks Patrick Foulis, business affairs editor; Alice Fulwood, American finance correspondent; and Henry Tricks, Schumpeter columnist Please subscr...
Money Talks: covid-19 spreads
February 25, 2020 18:48 - 25 minutes - 34.6 MBStockmarkets saw some of the sharpest falls in years after a rise in new coronavirus cases. Is a global economic downturn on the cards? Also, Argentina faces serious debt difficulties—can it strike a new deal with the International Monetary Fund? And, Professor Diane Coyle, from Cambridge University, on the importance of the “data economy”. Rachana Shanbhogue hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted ...
Money Talks: Coronanomics
February 18, 2020 18:30 - 22 minutes - 31.1 MBCoronavirus is causing unprecedented supply and demand challenges for the global economy. How can businesses minimise economic damage? Also, why are MBA schools in China thriving? And, the cities rebelling against the cashless revolution. Patrick Lane hosts. Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast.com/privacy for more information.
Money Talks: Supply strain
February 11, 2020 17:08 - 21 minutes - 29.1 MBAs the Wuhan coronavirus continues to spread, what effect will factory closures in China have on global supply chains? Also, how technology is finally poised to disrupt the market for real estate. And what it takes to be a CEO in 2020. Rachana Shanbhogue hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast.com/privacy for more information.
Money Talks: Business after Brexit
February 04, 2020 16:30 - 19 minutes - 27.2 MBAfter Britain’s official departure from the European Union on January 31st, the government faces a divergence dilemma: departing from the EU's rules may mean less access to its markets. The Economist’s Britain business editor Tamzin Booth explains the costs and opportunities of a directive-free future. And Mike Cherry, chairman of the Federation of Small Businesses, and city financier Dame Helena Morrissey discuss what government and business must do to adapt. Patrick Lane hosts ___________...
Money Talks: Market contagion
January 28, 2020 20:59 - 21 minutes - 29.5 MBConcern over the new coronavirus caused global stockmarkets to fall. Could the Wuhan virus hurt economic growth in China more than the SARS virus did? Also, how can India’s economy recover from “stagflation”? And, the “father of disruptive innovation” has died—the legacy of Clayton Christensen’s management lessons. Simon Long hosts. Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast.com/privacy f...
Money Talks: Goldilocks economy
January 21, 2020 17:11 - 17 minutes - 24.6 MBAmerica’s biggest banks posted record profits last week, despite falling interest rates. This week the attention turns to smaller lenders. Why might they not do so well? Also, why precious metals rhodium and palladium make gold look cheap. And, ganbei! The world’s biggest alcoholic-drinks company, finding success in doing everything… wrong. Simon Long hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on A...
Money Talks: Experiencing turbulence
January 14, 2020 17:29 - 23 minutes - 33.1 MBBoeing has a new chief executive. What does he need to do to restore faith in the world’s biggest aerospace company? Also, why some countries are trying to ditch the dollar and challenge America’s dominance of the global financial cycle. And, how can the economics profession solve its race problem? Rachana Shanbhogue hosts. ____________________ Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast....
Money Talks: Full battle rattle
January 07, 2020 18:39 - 24 minutes - 34.2 MBOil and gold prices spiked after the killing of Qassem Suleimani, an Iranian general, by the United States. How might heightened tension in the Middle East affect these important commodity markets in the weeks ahead? And, at the American Economic Association’s annual meeting, Ben Bernanke reflected on how successfully the Fed has adapted to a world of ultra-low interest rates. Also, why consumer shame now means it pays to be ethical. Patrick Lane hosts Please subscribe to The Economist for...
Money Talks: Full battle rattle
January 07, 2020 18:39 - 24 minutes - 34.2 MBOil and gold prices spiked after the killing of Qassem Suleimani, an Iranian general, by the United States. How might heightened tension in the Middle East affect these important commodity markets in the weeks ahead? And, at the American Economic Association’s annual meeting, Ben Bernanke reflected on how successfully the Fed has adapted to a world of ultra-low interest rates. Also, why consumer shame now means it pays to be ethical. Patrick Lane hosts Please subscribe to The Economist for...
Money Talks: Work in progress
December 31, 2019 11:00 - 24 minutes - 35.5 MBThe office is evolving beyond recognition. How did a functional grid of desks become more like a home, complete with in-house childcare and spare exercise clothes? James Fransham, a data journalist at The Economist, takes a tour of some of the world’s leading offices to find out whether other companies will follow their lead. Is it possible to leave work feeling better than when you arrived? And, when it comes to the bottom line, is the office of the future good for business? Please subs...
A very merry Money Talks Christmas special
December 24, 2019 16:00 - 28 minutes - 40.8 MBFrom pickled radishes to red knickers, we take a break from the news of the moment to look back over the peaks and troughs of the past year in business, finance and economics. Our merry panel of Helen Joyce, The Economist’s finance editor, Patrick Foulis, our business affairs editor, and Schumpeter columnist Henry Tricks join Philip Coggan, otherwise known as Bartleby, for a riotous ride through the stories of the year. And, fortified with mulled wine and chocolate coins, they offer their pr...
Money talks: Maxed out
December 17, 2019 16:00 - 18 minutes - 25.2 MBBoeing has announced it will temporarily cease production of 737 Max airliners. How high are the stakes for the company? And Heather Boushey, executive director at the Washington Center for Equitable Growth, says data on inequality should be making economists rethink their models. Also, The Economist’s Bartleby columnist on how to survive the office Christmas party. Simon Long hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/r...
Money talks: Political currency
December 10, 2019 17:50 - 22 minutes - 50.9 MBHow are markets pricing the various possible outcomes of the British election? And, central banks are starting to incorporate climate risk into their forecasts, but some wonder whether they are over-reaching. Also, the nuts of wrath—a tale of Italian Nutella. Helen Joyce hosts. Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast.com/privacy for more information.
Money talks: Instant tariffication
December 03, 2019 17:42 - 22 minutes - 31.2 MBDonald Trump is introducing new tariffs and this time they are not aimed at China. The latest figures suggest that China’s economy is stronger than Mr Trump portrays. What valuation will the Saudi Aramco IPO achieve? Also, economist and author Branko Milanović on the battle between liberal capitalism and political capitalism. Patrick Lane hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast....
Money talks: Shopping for diamonds
November 26, 2019 16:19 - 22 minutes - 31.4 MBLVMH, a French luxury goods giant, is buying American jeweller Tiffany & Co for over $16bn. What are its plans for the latest jewel in its crown? Soumaya Keynes speaks to Stephen Vaughn, former general counsel to the United States Trade Representative, about a crisis at the heart of the World Trade Organisation. And, what lessons can be learned from the world’s most extreme economies? Patrick Lane hosts ___________________ For full access to print, digital and audio editions of The Econom...
Money talks: Getting bizzy
November 19, 2019 18:56 - 25 minutes - 35 MBAhead of the UK’s general election, party leaders courted businesses at the annual conference of the Confederation of British Industry. We ask the CBI’s chief economist Rain Newton-Smith what attendees made of their proposals. Also, Scott Kupor of Andreessen Horowitz reveals the secrets of success in the world of venture capitalism. And, why the future of gaming is in the cloud. Rachana Shanbhogue hosts Please subscribe to The Economist for full access to print, digital and audio edition...
Money talks: Streams come true
November 12, 2019 18:33 - 21 minutes - 29.7 MBDisney Plus enters the battle of the streaming services, amongst competition from Netflix, Apple, Amazon and others. Which will achieve the Hollywood ending? And we ask Peter Navarro, President Trump’s trade advisor, what the endgame is in negotiations with China. Also, why our Bartleby columnist hates videoconferencing. Helen Joyce hosts Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/radiooffer Hosted on Acast. See acast.com...
Money talks: Unhappy EUnion
November 05, 2019 17:21 - 23 minutes - 32.8 MBOpposition to the European Central Bank’s plans for quantitative easing has been split along North-South lines in the euro zone. But are these concerns justified? And, journalist and author Matthew Syed explains why thinking is more creative in organisations where the staff are diverse. Also, our Wall Street correspondent, Alice Fulwood, plays a round of poker with player and entrepreneur Bryn Kenney, who tops the world’s All-Time Money List. Simon Long hosts Please subscribe to The Economi...
Money talks: HSBC change
October 29, 2019 16:56 - 23 minutes - 32.4 MBHSBC’s third-quarter results have revealed a “disappointing” performance in Europe and America. What has caused problems for the global bank? Also, Saudi Aramco, the state-owned oil firm, looks likely to push forward with plans for an IPO. What challenges does the oil giant face? And Julian Richer, founder of the entertainment retailer Richer Sounds, on the secret to keeping staff happy. Simon Long hosts Please subscribe to The Economist for full access to print, digital and audio editions:...
Money talks: Wells Far(to)go
October 22, 2019 18:00 - 24 minutes - 56.9 MBThe new boss of Wells Fargo has an unenviable to-do list. Our Wall Street correspondent sizes up Charlie Scharf’s prospects for rehabilitating the bank after a series of scandals. Senator Elizabeth Warren is now leading the pack of Democratic candidates for the American presidency. Would her plans reshape American capitalism for better or worse? And, can money really buy happiness? Patrick Lane hosts ____________________ Please subscribe to The Economist for full access to print, digital a...
Money talks: Wells Far(to)go
October 22, 2019 18:00 - 24 minutes - 56.9 MBThe new boss of Wells Fargo has an unenviable to-do list. Our Wall Street correspondent sizes up Charlie Scharf’s prospects for rehabilitating the bank after a series of scandals. Senator Elizabeth Warren is now leading the pack of Democratic candidates for the American presidency. Would her plans reshape American capitalism for better or worse? And, can money really buy happiness? Patrick Lane hosts ____________________ Please subscribe to The Economist for full access to print, digital a...
Money talks: A Nobel endeavour
October 15, 2019 18:45 - 22 minutes - 51.9 MBWhat causes poverty? Rachana Shanbhogue interviews this year’s winners of the Nobel prize for economics—Esther Duflo, Abhijit Banerjee and Michael Kremer. Their pioneering work has changed the understanding of one of the hardest problems in economics: why do some countries grow rich while others stay poor? Plus, Europe’s Nordic banks are embroiled in money-laundering scandals. What do regulators need to do to restore confidence? Hosted on Acast. See acast.com/privacy for more information.
Money talks: How low can rates go?
October 08, 2019 15:56 - 25 minutes - 34.5 MBOur economics editor, Henry Curr, explores why the global economy is behaving weirdly and how governments and central banks should respond. Also, can freer trade help address climate change? The Economist’s editor-in-chief, Zanny Minton-Beddoes, asks Jacinda Ardern, the prime minister of New Zealand, Cecilia Malmström, the EU’s trade commissioner, Michael Corbat, CEO of Citigroup, and Tidjane Thiam, CEO of Credit Suisse, at the Bloomberg Global Business Forum. And, how the economics of stream...
Money talks: WeWorry
October 01, 2019 18:14 - 23 minutes - 32.6 MBWeWork has scrapped plans for an initial public offering after its CEO stepped down amid claims of mismanagement. What does its implosion mean for investors and other young firms with similar ambitions? Greece's new government is preparing to announce its first draft budget. Will it be enough to re-energise the economy? Plus, a taste of Chinese fine wine. Patrick Lane hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Planet Inc
September 24, 2019 15:22 - 27 minutes - 63.3 MBWhat are the risks businesses face from climate change? And, Kate Raworth, economist and educator, explains “doughnut economics” and says rich economies are addicted to “unending growth”. Who are the billionaires hoping to make big bucks from climate change? Also, we hear from the finalists of The Economist’s Open Future essay competition who sought an effective response to climate change. Simon Long hosts Additional music by Chris Zabriskie "Divider" (CC by 4.0) ____________________ Ple...
Money talks: Purpose vs profit
September 17, 2019 18:30 - 27 minutes - 65 MBWhat are companies for? The orthodoxy was that they exist primarily to pursue profit. But a new faith in higher corporate purpose as a means to address social injustice, climate change and inequality is sweeping the Western business world. How much is this trend of “reverse Friedmanism” going to change what it means to do business? Or could chief executives playing politics have dangerous consequences? Tamzin Booth hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Fannie and Freddie move house
September 10, 2019 18:00 - 21 minutes - 29.1 MBThe US Treasury plans to privatise Fannie Mae and Freddie Mac, which prop up most of the country’s mortgage finance. How will this affect the US mortgage market? Also, despite legislation aimed at blocking a no-deal Brexit, Britain could still leave the EU without a deal. The Bank of England is weighing up its options for how to deal with the consequences. And, how important are coaches to sporting success? Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Hell to peso
September 03, 2019 15:08 - 24 minutes - 33.5 MBArgentina’s President has imposed currency controls in an attempt to stabilise the markets, as the country faces escalating financial troubles. How did things go so wrong so quickly? And what next? The Economist’s Soumaya Keynes asks Binyamin Appelbaum, author of “The Economists’ Hour”, what impact economists have had on public policy. Also, why are older people not retiring? Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Hell to peso
September 03, 2019 15:08 - 24 minutes - 33.5 MBArgentina’s President has imposed currency controls in an attempt to stabilise the markets, as the country faces escalating financial troubles. How did things go so wrong so quickly? And what next? The Economist’s Soumaya Keynes asks Binyamin Appelbaum, author of “The Economists’ Hour”, what impact economists have had on public policy. Also, why are older people not retiring? Simon Long hosts See acast.com/privacy for privacy and opt-out information.
Money talks: Big pharma in court
August 27, 2019 17:29 - 26 minutes - 36 MBThe pharmaceutical giant Johnson & Johnson has been ordered to pay $572 million for its part in the opioid crisis in the state of Oklahoma. What precedent will this set? In Jackson Hole, Federal Reserve Bank of St. Louis President James Bullard explains how the escalation of trade tensions is affecting monetary policy and he reacts to President Trump’s adversarial style. And finally, some funny business. Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: From bad to wurst
August 20, 2019 18:44 - 20 minutes - 27.7 MBThis week the Bundesbank warned that Germany’s economy will probably soon be in recession. Henry Curr, our economics editor, argues that the country needs more fiscal stimulus. Who will buy the world’s largest AI computer chip? And, Apple's entry into the credit card market. Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: From bad to wurst
August 20, 2019 18:44 - 20 minutes - 27.7 MBThis week the Bundesbank warned that Germany’s economy will probably soon be in recession. Henry Curr, our economics editor, argues that the country needs more fiscal stimulus. Who will buy the world’s largest AI computer chip? And, Apple's entry into the credit card market. Simon Long hosts See acast.com/privacy for privacy and opt-out information.
Money talks: Delayed tariffication
August 13, 2019 18:30 - 21 minutes - 29.8 MBPresident Trump has delayed some tariffs on Chinese imports. Soumaya Keynes, our US economics editor, explains the surprise decision and its implications for the global economy. Also, is data as valuable an asset as oil? What can companies learn from the oil industry about keeping data safe? And, the secrets of success for online fashion retailers. Rachana Shanbogue hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Yuan-a fight?
August 06, 2019 15:48 - 20 minutes - 28 MBPresident Donald Trump has accused China of being a currency manipulator, after the Chinese currency “po qi” or “cracked 7” against the US dollar— a psychologically significant value—for the first time in over a decade. How will this escalation of the US-China trade war affect global markets? Also, how useful are yield curves for predicting future recessions? And, life without Uber. Rachana Shanbhogue presents. Hosted on Acast. See acast.com/privacy for more information.
Money talks: Warren of Wall Street
July 30, 2019 16:51 - 23 minutes - 31.9 MBCan US Senator Elizabeth Warren convince Wall Street to back her and how are the other candidates faring in the Democratic competition for the 2020 presidential nomination? And, David Autor, an economist at MIT, speaks to Money Talks about how computers changed the US labour market, the impact of China and his gecko brand. Also, will the world follow Sweden’s lead and go cashless? Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Europe’s bright spots
July 23, 2019 17:00 - 16 minutes - 23 MBA few resilient countries and sectors have helped cushion the effects of a trade and manufacturing slowdown on the euro zone. But can that continue? Also, Tyler Cowen, an economist and blogger, stands up for big business. And, it’s all in the small print – why it matters that consumers neither read nor understand the contracts they sign. Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: How slow can you grow?
July 16, 2019 18:30 - 21 minutes - 49.5 MBLast week’s episode asked how long American economic growth could last. Now, new figures reveal that China’s growth is the slowest in nearly three decades. What can the Chinese government do about it? Insurance companies make their money from predicting disaster, but as those risks change the industry is lagging behind. And England has won the Cricket World Cup in a controversial tiebreak––but are tiebreaks fair? Simon Long hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: When the growing gets tough
July 09, 2019 16:50 - 18 minutes - 25.2 MBAmerica’s economy has been expanding for 121 months in a row—unemployment is low and the stock market has soared. But how long can this last? History suggests a painful recession might be around the corner. Nobel prizewinner and economics professor Joseph Stiglitz tells us capitalism is broken. And, what is an economist's secret to affordable tickets to Wimbledon? Rachana Shanbhogue hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Brexit and the City
July 02, 2019 19:00 - 22 minutes - 54.1 MBLondon is home to the world’s biggest international financial centre. But Brexit threatens to cut the City off from its most important single foreign market. Tamzin Booth, The Economist’s Britain business editor, investigates whether the City of London can survive Brexit and how other cities across Europe, like Frankfurt, are vying to win their rival’s business. What is at stake on both sides of the Channel, and are there any winners in this battle? Hosted on Acast. See acast.com/privacy f...
Money talks: Bargaining chips
June 25, 2019 17:48 - 17 minutes - 24.6 MBThe trade war between America and China is intensifying after America blacklisted five more Chinese technology entities. Will this jeopardise any talk of a trade deal at the upcoming G20 summit? Could low-denomination treasury bills help Italy’s cash-strapped economy? Also, a new way of working called “ghost work”. Phil Coggan hosts Hosted on Acast. See acast.com/privacy for more information.
Money talks: Banking bad
June 18, 2019 15:23 - 16 minutes - 23 MBDeutsche Bank plans to create a new division, a “bad bank”, which will hold tens of billions of euros of assets as part of an overhaul of it is operations. Will the remaining firm become profitable enough to satisfy regulators and investors? And the growing concern in China over balancing the books at a local level. Also, our correspondent takes a trip to Citeco — France’s museum of economics. Patrick Foulis hosts Hosted on Acast. See acast.com/privacy for more information.