The Economics Show
Financial Times
The Economics Show with Soumaya Keynes is a new weekly podcast from the Financial Times packed full of smart, digestible analysis and incisive conversation. Soumaya Keynes digs deep into the hottest topics in economics along with a cast of FT colleagues and special guests. Come for the big ideas, stay for the nerdery.Soumaya Keynes is an economics columnist for the Financial Times. Prior to joining the FT she worked at The Economist for eight years as a staff writer, where as well as covering trade, the US economy and the UK economy she co-hosted the Money Talks podcast. She also co-founded the Trade Talks podcast. Hosted on Acast. See acast.com/privacy for more information.
Episodes
Mentioned books
Oct 8, 2025 • 32min
The economics of birth control. With Martha Bailey
Martha Bailey, an economics professor at UCLA and director of the California Center for Population Research, discusses the transformative impact of the contraceptive pill on women's economic choices. She highlights how contraception led to delayed marriages and increased workforce participation among young women. Bailey also addresses its role in narrowing the gender pay gap and improving outcomes for disadvantaged groups through Title X. With recent policy changes looming, she emphasizes the need for access to contraception to avoid regressive economic consequences.
18 snips
Oct 2, 2025 • 34min
How to get immigration right. With Adam Ozimek
Dr. Adam Ozimek, chief economist at the Economic Innovation Group and co-author of "Exceptional By Design," discusses the essential role of immigration in driving economic growth. He critiques current U.S. policies, rating them a mere three out of ten, and emphasizes how high-skilled immigrants can elevate demand for lower-skilled jobs and boost wages. Ozimek argues for reforms to the H-1B visa, supports public interest in high-skilled immigration, and exposes issues with current graduate visa practices, all while advocating for a fairer immigration landscape.
37 snips
Sep 24, 2025 • 34min
China’s economy vs the world. With Michael Pettis
In this enlightening discussion, Michael Pettis, a senior fellow at the Carnegie Endowment and former founder of a Chinese indie record label, dives into the complexities of China's economy. He explores how China's growth model has fostered unprecedented savings and investment yet led to cycles of overcapacity. Pettis examines the misconceptions outsiders have about China's structure, the implications of its trade policies on U.S. deficits, and the challenges the nation faces in escaping the middle-income trap. He also shares insights on music and book recommendations.
34 snips
Sep 19, 2025 • 33min
The ugly truth about Trump’s ‘beautiful tariffs’. With Martha Gimbel
Martha Gimbel, Executive Director of Yale's Budget Lab and former White House adviser, joins to dissect Trump's ambitious tariff plans. They discuss how tariffs, once vital for US funding, are now back in focus but bring baggage. Gimbel highlights the balance between revenue generation and economic drawbacks. The conversation delves into the legal challenges, the pressures on the labor market, and the lasting impacts tariffs may have until 2029. Tune in for a thought-provoking take on a hot-button issue!
61 snips
Sep 12, 2025 • 28min
China and the limits of its ‘engineering state’. With Dan Wang
Dan Wang, a research fellow at Stanford's Hoover History Lab and author of 'Breakneck: China’s Quest to Engineer the Future', discusses China's rapid industrial growth and the challenges it faces, including overproduction and deflation. He contrasts China's engineering-driven economy with the U.S. legalistic approach, exploring the societal pressures on young professionals. The conversation delves into government interventions to boost consumer demand, the complexities of the property market, and the implications of technological advancements in the industrial metaverse.
18 snips
Sep 5, 2025 • 31min
Fed independence? Here’s why you should worry. With Peter Conti-Brown
Peter Conti-Brown, an associate professor at The Wharton School, dives into the precarious state of the Federal Reserve's independence. He discusses President Trump’s attempts to politicize the Fed, explaining how these actions threaten economic stability. The intricate dynamics of political influences on monetary policy are examined, particularly how they impact decision-making around interest rates. Conti-Brown also addresses historical challenges faced by central banks and critiques governmental overreach, ensuring listeners grasp the gravity of these issues.
49 snips
Sep 1, 2025 • 32min
After globalisation: What's next for a fractured world? With Neil Shearing
Neil Shearing, Group Chief Economist at Capital Economics and author of 'The Fractured Age', shares his expertise on the transformative effects of geopolitical tensions on global trade. He argues that the unraveling of globalization is not solely due to Donald Trump's policies but a deeper trend. The discussion highlights the escalating economic rivalry between the US and China, the implications of technological competition, and the potential bifurcation of global markets. Shearing also touches on the evolving role of Europe and the future of the dollar.
30 snips
Aug 25, 2025 • 29min
How Asia is coping with Trump’s tariffs. With Mari Pangestu
Mari Pangestu, Indonesia's former trade minister and World Bank managing director, discusses the impact of Trump’s tariffs on Southeast Asia. She explains how these tariffs challenge local economies and push countries closer to China. The conversation also covers the complexities of trade dependencies, strategic responses from nations like Vietnam, and key trade agreements. Additionally, they delve into the evolving nickel market and its implications for global supply chains, emphasizing the need for regional cooperation in this shifting landscape.
17 snips
Aug 18, 2025 • 28min
Why Russia’s wartime economy is starting to crack, with Elina Ribakova
Elina Ribakova, a non-resident senior fellow at the Peterson Institute and vice-president for foreign policy at the Kyiv School of Economics, joins to discuss the fragility of Russia's wartime economy. She unpacks how initial resilience has faded under growing sanctions. The chat dives into the implications of a potential end to the Ukraine war and explores the intricate relationship between Russia and China amidst these crises. Elina highlights the looming challenges of transitioning from a military-focused economy back to normalcy.
15 snips
Aug 11, 2025 • 24min
Introducing the Rachman Review: Is the US heading for a debt crisis?
In a compelling conversation, Ray Dalio, founder of Bridgewater Associates and debt crisis expert, sheds light on America’s looming debt challenges. He compares the U.S. debt situation to historical crises, analyzing the implications of a staggering $12 trillion in debt. Dalio discusses the pressures on credit systems, the evolving role of the dollar, and emerging investment alternatives like gold and cryptocurrencies. The dialogue also touches on global financial dynamics, highlighting the interconnected nature of debt cycles and politics.
