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Economist Podcasts

Heir-raising: the boom in inheritance

Feb 27, 2025
Callum Williams, a Senior economics writer for The Economist, and Joan Hoey, Editorial director of the Democracy Index, dive into the changing landscape of wealth inheritance. They discuss how the baby boomer generation is reshaping wealth dynamics and the revival of cultural attitudes toward money and marriage. Joan highlights the alarming decline in global democratic practices, particularly the rise of authoritarian regimes. Plus, they explore the intriguing health benefits of ice baths, touching on the science of cold therapy.
22:48

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Quick takeaways

  • The rise in inheritances is creating an 'inheritocracy,' where wealth accumulation through inheritance surpasses traditional high-income earnings.
  • The podcast explores the varied health benefits of cold exposure, highlighting a mix of anecdotal claims and scientific skepticism surrounding its effects.

Deep dives

The Importance of Site Selection for Business Expansion

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