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Trumponomics

Latest episodes

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Apr 13, 2016 • 22min

33: How Monetary Policy is Now Being Outsourced (Sort Of)

The Federal Reserve has two mandates: price stability and full employment. Yet now many wonder whether the Fed, like many large and powerful organizations, has outsourced policy. And no, we're not talking about China or Mexico -- but rather to the financial markets. Instead of setting policy and letting markets respond, are investors really in the driver's seat? Is the Fed merely following their cue? Bloomberg's Rich Miller discusses the new dynamic with Dan, while Bob Burgess and Madeleine Lim try to let him know who's boss.See omnystudio.com/listener for privacy information.
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Apr 6, 2016 • 24min

32: Your Sex Drive Is Widening the Income Inequality Gap

It seems as if everywhere you turn these days you hear the same refrain: The rich are getting richer at the expense of the poor. Economists blame everything from from technology to globalization and tax policies. Now you here's another reason: The rise of associative mating, or when people marry others who share the same educational or socioeconomic status. So how can we fix who we fall in love with? Richard Reeves of the Brookings Institution joins Aki and Tori to discuss the latest research, the downside of online dating and what the future holds for social mobility across the world.See omnystudio.com/listener for privacy information.
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Mar 31, 2016 • 20min

31: Will You Ever Be Able to Buy Your Own Home?

Home prices are surging around the world and in many of our favorite U.S. cities. It doesn't get much worse than tech-fueled San Francisco, where the price of a single starter home will fetch you 40 houses in Detroit. What can the rest of the world learn from the Bay Area? Ken Rosen of UC Berkeley joins Tori and Aki to discuss, and offers Aki some tips as she prepares to move back to California from Japan.See omnystudio.com/listener for privacy information.
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Mar 24, 2016 • 23min

30: Everything You Thought You Knew About Saudi Arabia Is Wrong

Yes, women in Saudi Arabia know how to drive. They can vote, at least in local elections. And every Saudi citizen, men and women, may be about to see the end of generous, oil-driven subsidies that explain a lack of income taxes and utility costs so low as to be practically free. Change is coming to the House of Saud -- and it's accelerating as the most destructive crash in oil prices in a generation forces the Kingdom's rulers to reset the economy.See omnystudio.com/listener for privacy information.
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Mar 17, 2016 • 24min

29: From Apple to Chick-fil-A: When Companies Play Politics

As U.S. election rhetoric reaches a fever pitch, politicians aren't the only ones taking a stand on issues. Some of the biggest brands around -- Chipotle, Chick-fil-A and Apple -- are wading into politics, a behavior that may only intensify as November approaches. Georgetown researchers Kurt Carlson and Chris Hydock join Tori to discuss the economic consequences companies face when they take a position on divisive issues, and how it's easier than ever for consumers to vote with their wallets.See omnystudio.com/listener for privacy information.
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Mar 10, 2016 • 23min

Episode 28: China's Demographic Time Bomb

Worries about China's slowdown have dominated headlines since the beginning of the year. But beneath the day-to-day volatility is a simmering crisis: A rapidly aging population and an already shrinking workforce. Enda Curran, Bloomberg's chief Asia economics correspondent, joins Aki to discuss what these demographic trends will mean for a country still in the midst of transitioning from a developing to developed economy, and how China won't be alone in facing the consequences of an older society.See omnystudio.com/listener for privacy information.
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Mar 3, 2016 • 23min

Episode 27: Can Slow Growth and the American Dream Coexist?

Presidential candidates including Donald Trump, Bernie Sanders and Jeb Bush have touted plans that will inspire growth twice as fast as what the U.S. has seen during the recovery. But can they actually follow through on those promises, or is the U.S. consigned to expansions that pale in comparison to decades past? Jason Furman, chairman of President Barack Obama's Council of Economic Advisers, joins Tori and Dan to discuss how fast the economy can expect to grow given population and productivity trends, and whether that changes the reality of the American Dream.See omnystudio.com/listener for privacy information.
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Feb 25, 2016 • 23min

Episode 26: What's Holding India Back?

India has the world's fastest-growing major economy and a population that's on course to be the world's largest -- eclipsing China -- within a decade. The nation's leaders are just as ambitious, launching the global "Make in India" campaign to buttress its status as a manufacturing powerhouse for cars, electronics and engineering equipment. Maybe you've seen the billboards in Hannover or San Francisco. It's the sort of issue that Prime Minister Narendra Modi campaigned on two years ago. He won in a landslide of epic proportions, but since then much of his agenda has stalled. What's holding India back? Bloomberg's Unni Krishnan, who covers Indian politics and economics in New Delhi, joins us this week to explain.See omnystudio.com/listener for privacy information.
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Feb 18, 2016 • 30min

Episode 25: Negative Rates -- Another (Delayed) 2008 Hangover

The Bank of Japan's new rules on negative interest rates went into effect this week, with a quarter of the global economy now run by central banks that have deployed this unorthodox tool to stimulate growth. With stock markets in turmoil and recession fears running high, Federal Reserve officials are being asked if they'll consider going negative should economic conditions deteriorate. Karen Shaw Petrou, co-founder of Federal Financial Analytics, joins the hosts to explain exactly what negative interest-rate policies mean and what dangers -- and benefits -- may come with such an extraordinary step.See omnystudio.com/listener for privacy information.
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Feb 11, 2016 • 25min

Episode 24: The World's Best Country for Working Women

If there's one place in the world that's close to cracking the secret on gender equality, it's Norway. But even this Scandinavian utopia has some way to go. Bloomberg Oslo correspondent Saleha Mohsin joins Tori and Aki this week to talk about Norway's successes and failures, weaving in her own experiences as a mother, a wife and a young woman with a career.See omnystudio.com/listener for privacy information.

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