Wage against the machine: the distortions of minimum pay
For decades governments have found minimum-wage rises a politically expedient means of redistribution. But the onward economic distortions have at last become clear. Of course AI can write a faster cover letter — perhaps even a better one. But there are knock-on costs when everyone is doing it. And a look at Florida’s bold experiment in the free choice of unbundled education.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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Emission creep: a contentious COP closes
It is telling and troubling that the annual climate talking-shop’s outcome did not even mention fossil fuels. We ask whether the COP process is still fit for purpose. Cryptocurrencies could be heading for an almighty fall: what would they take down with them? And the revealing vowels and diphthongs of whale communications. (Hear much more on animal communication in our series on “Babbage”: part 1 asks whether animals truly have language, and part 2 whether AI could translate it.) Additional audio courtesy of Project CETI. Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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25:51
Flee country: Britain seeks to slash migration
Britain’s home secretary Shabana Mahmood proposed a big shift in immigration policy this week. Our correspondent explains Labour’s reforms – and the reasoning behind them. Why military spy balloons are making a comeback. And celebrating historian Gillian Tindall, who illuminated ordinary lives to bring the past to life.Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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Nudge, nudge: an interview with Richard Thaler
Richard Thaler may just understand people’s foibles better than any other economist. Governments around the world have deployed the Nobel prizewinner’s brand of behavioural economics to nudge people into doing everything from saving for retirement to donating organs. So how does he reflect on a lifetime of nudging?Hosts: Alice Fulwood, Ethan Wu and Mike Bird. Guest: Richard Thaler.Transcripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+.For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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38:26
War graft: scandal engulfs Ukraine
Pentagon officials are meeting President Volodymyr Zelensky in Kyiv to discuss a Russia-US peace proposal Ukraine had no part in writing. That merely adds pressure as a giant corruption crisis is already embroiling top officials. Fifty years on from the death of Franco, our correspondent assesses how much Spain has changed. And should you date your boss? Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
Every weekday our global network of correspondents makes sense of the stories beneath the headlines. We bring you surprising trends and tales from around the world, current affairs, business and finance — as well as science and technology. Hosted on Acast. See acast.com/privacy for more information.