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The economy impacts every aspect of our lives, from we work to where we live. How much do we really understand about how big economic concepts affect us? In this podcast, i'll be breaking down complex economic ideas so in the time it takes to have a cup of coffee, we'll understand what they mean and why they matter to us. This week we're looking at economic growth. And my guest is lord gus o'donnell, former cabinet secretary and head of the british civil service. He was the u.K. Treasury's permanent secretary and served as an executive director on the boards of the i m f and world bank.

In this week's episode we're featuring a podcast produced by Intelligence Squared called 'It’s The Economy' in which host Nicola Walton breaks down the complex economic ideas we have all heard of but may not fully understand in under 15 minutes. In this episode Lord O’Donnell, a former Cabinet Secretary who headed the British Civil Service between 2005-2011 under Prime Ministers Tony Blair, Gordon Brown and David Cameron looks at economic growth, what counts as GDP and productivity, and whether national happiness and wellbeing are taken into account. Subscribe to It's The Economy at: https://pod.link/1577180549

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