The Economics Show

In this engaging conversation, Nobel Prize-winning economist Paul Krugman shares insights on the transformative potential of artificial intelligence. He and Martin Wolf delve into whether AI will reshape the job market or merely echo past technological revolutions. They discuss alarming trends in unemployment among recent graduates, the complexity of AI's integration into society, and the contrasting views on its economic impact. With philosophical reflections on intelligence and labor, they offer a thought-provoking take on the future of work.

Join Nobel Prize-winning economist Paul Krugman, a professor at CUNY and a keen observer of economic trends, as he converses with FT's chief economics commentator, Martin Wolf. They dissect the looming global threats posed by political unrest, particularly at the G7 Summit amid U.S. civic tensions. Krugman highlights vital trade dynamics, especially with China, while addressing America's changing role in global leadership and the need for innovative strategies in a complex world. Their exchange is both critical and insightful, shedding light on today's economic puzzles.

Nobel Prize-winning economist Paul Krugman, a professor and Substack writer, joins Martin Wolf, the Financial Times’ chief economics commentator. They delve into how economic fractures threaten liberal democracies in America and Europe. The discussion navigates rising inequality, the appeal of right-wing populism, and the challenges posed by deindustrialization. Krugman emphasizes the role of government in fostering innovation, while exploring the complex dynamics of economic change and regional identity. An insightful conversation about the shifting economic landscape!

In a thought-provoking discussion, Nobel Prize-winning economist Paul Krugman shares insights on the eroding trust in U.S. trade policies and governance. He and Martin Wolf delve into the consequences of abandoned agreements and unpredictable policies. They also explore the fragility of international alliances in light of recent conflicts and the alarming rise in anti-science sentiment affecting academic innovation. Their dialogue touches on the modern political landscape, intertwined with a unique connection to music's role in shaping trust and emotional resonance.

Join two titans of economics as they dissect the seismic shifts in the global economy following a pivotal political event. Explore the intricate dance of trade wars and how political decisions influence economic policy. Delve into the transformative role of AI in shaping our financial futures. It's an engaging conversation packed with insights on the economic challenges and opportunities ahead!

In this discussion, Duncan Weldon, an economics writer and author of 'Blood and Treasure', dives into the vital link between economics and warfare. He explains how resource allocation has historically determined military outcomes, from the Vikings to contemporary Ukraine. Weldon also explores how war catalyzes economic evolution, tracing institutions like the Bank of England. He critiques modern defense spending trends, emphasizing the economic supremacy of Europe against Russia. This talk reveals how economic strategies shape the future of conflict.

Jay Shambaugh, former U.S. Treasury Undersecretary for International Affairs, delves into the complexities of U.S.-China relations. He discusses the temporary pause in tariff escalations and what China truly seeks from America. The conversation highlights the contrasting negotiation styles of the Trump and Biden administrations. Shambaugh emphasizes the intertwined nature of trade policy and national security, while advocating for effective communication as key to navigating future economic cooperation.

Swati Dhingra, a member of the Bank of England Monetary Policy Committee and an associate professor at the London School of Economics, shares her insights on the intersection of trade and monetary policy. She discusses the UK's vulnerability to trade shocks and highlights what her colleagues overlooked in recent data. Dhingra also explains why she resisted a sharper interest rate cut, emphasizing the nuanced challenges posed by US tariffs. The conversation dives into the implications of external factors for UK consumption and careful policymaking in response to global economic fluctuations.

Ben Chu, a policy and analysis correspondent at BBC Verify and author of 'Exile Economics,' joins the discussion to explore the complexities of global trade and self-sufficiency. He reflects on the impacts of Donald Trump’s tariffs and discusses historical trends leading to today's economic isolationism. Is true self-sufficiency achievable? They debate the importance of cooperation versus isolation in securing economic stability, alongside examining the symbolic role of steel in national strength and the challenges of U.S. resource management.

Bill Gates, co-chair of the Bill & Melinda Gates Foundation, discusses his philanthropic journey and plans to donate an additional $200 billion to global health and education. He addresses the challenges of navigating international aid during the Trump administration, particularly the risks posed by funding cuts to vital health initiatives like PEPFAR. Gates also explores the complexities of wealth distribution, the fight against misinformation around vaccines, and the global effort to eradicate polio amidst the rapid advancements in AI technology.