FT Alphachat

Financial Times

Alphachat is the conversational podcast about business and economics produced by the Financial Times in New York. Each week, FT hosts and guests delve into a new theme, with more wonkiness, humour and irreverence than you'll find anywhere else Hosted on Acast. See acast.com/privacy for more information.

Alle Folgen

Angela Nagle on the online culture wars

Angela Nagle, author of Kill All Normies: Online Culture Wars from 4chan and Tumblr to Trump and the Alt-Right, talks to FT Alphaville's Jemima Kelly about the online culture wars and the rise of the alt-right. Hosted on Acast. See acast.com/privacy for more information.

Angela Nagle on the online culture wars

Nouriel Roubini on the US-China Thucydides Trap

A number of geopolitical and financial risks are stalking the global economy, pointing to a possible recession in 2020. According to Nouriel Roubini, what is key among these risks is the US-China trade war and general protectionism in the global market. Izabella Kaminska talks to the economist and New York University Stern School of Business professor. Hosted on Acast. See acast.com/privacy for more information.

Nouriel Roubini on the US-China Thucydides Trap

Jay Shambaugh on the tools to fight the next recession

The economist and Brookings Institution senior fellow talks to FT contributor Megan Greene about the fiscal policies that lawmakers could arrange now that would automatically kick in when some of the early signs of a slowdown start to appear. Hosted on Acast. See acast.com/privacy for more information.

Jay Shambaugh on the tools to fight the next recession

Joel Mokyr and the curse of Adam

Man must work. But how man works matters. Brendan Greeley sat down with Joel Mokyr, an economist and economic historian at Northwestern University, at an event on the future of work at the Federal Reserve Bank of Dallas. Policymakers tend to focus on the binary question of a job — do people have one, or not. But the quality of that work, the questions of meaning and satisfaction, are important to people, in a way that has political consequences. They wandered all the way back to Adam Smith, and eventually the curse of Adam himself, to talk about how the meaning and definition of "work" has changed, and why that matters now. Hosted on Acast. See acast.com/privacy for more information.

Joel Mokyr and the curse of Adam

Will Davies on populism, data and experts

The political economist sits down with Alphaville's Jamie Powell and Thomas Hale to discuss how we should think about expertise in a post-truth world. Hosted on Acast. See acast.com/privacy for more information.

Will Davies on populism, data and experts

Robert Kaplan on jobs, oil and credit

The president of the Federal Reserve Bank of Dallas sits down with Brendan Greeley to discuss what a tight labour market could mean for retraining workers, what fracking has done to the price of oil and why he prefers to keep an eye on credit spreads instead of equity markets. Hosted on Acast. See acast.com/privacy for more information.

Robert Kaplan on jobs, oil and credit

Ajay Royan searches for the next growth frontier

What if the vast majority of the high-growth tech unicorns emerging from Silicon Valley are not really technology or innovation companies? What if they are highly politicised, zero-sum enterprises? That's what Ajay Royan, the Indian-born Canadian who co-founded Mithral Capital, along with Peter Thiel, thinks might be the problem at the heart of the Silicon Valley investment proposition. Izabella Kaminska asks him how his fund is trying to differentiate itself from that model by focusing on unleveraged growth opportunities instead. Hosted on Acast. See acast.com/privacy for more information.

Ajay Royan searches for the next growth frontier

Banking culture since the crisis

How has banking culture changed since the global financial crisis and what areas still need work? Brendan Greeley talks with three economics experts who posed that question in a recent report put out by the Group of Thirty consultants. He is joined by Elizabeth St-Onge of Oliver Wyman, Nicholas Le Pan, former superintendent of financial institutions for Canada, and Stuart Mackintosh, executive director of the Group of Thirty. Hosted on Acast. See acast.com/privacy for more information.

Banking culture since the crisis

Kimberly Clausing makes the case for open economies

Economist Kimberly Clausing tells Brendan Greeley and Mark Blyth why greater trade, capital flows and immigration are the solution to more equitably dividing the economic pie. It's the subject of her book, "Open: The Progressive Case for Free Trade, Immigration, and Global Capital". Hosted on Acast. See acast.com/privacy for more information.

Kimberly Clausing makes the case for open economies

Alphachat Live! Raghuram Rajan and Ashley Putnam on community

Until recently, economists have ignored the idea that communities matter for economic outcomes, leaving those questions to sociologists. But there is too much evidence to ignore: where you live has a profound influence on how you turn out. In a live conversation recorded at Penn Social, a bar in Washington DC, Raghuram Rajan, former chief economist of the International Monetary Fund and Governor of the Reserve Bank of India, talks about his new book, "The Third Pillar: How Markets and the State Leave Communities Behind". He is joined by Ashley Putnam, director of the Economic Growth & Mobility Project at the Federal Reserve Bank of Philadelphia, who has run community-level economic growth projects in New York City and across Philadelphia's Fed district. Brendan Greeley hosts. Hosted on Acast. See acast.com/privacy for more information.

Alphachat Live! Raghuram Rajan and Ashley Putnam on community

The IMF's Tobias Adrian on stability

Tobias Adrian, formerly of the New York Fed, runs the Monetary and Capital Markets Department at the International Monetary Fund. Brendan and Colby sat down with him after publication of the IMF's Global Financial Stability Report. They talked about collateralised loan obligations, of course, but also about China and how the US faces risks just like any other country when hot capital flows in. Hosted on Acast. See acast.com/privacy for more information.

The IMF's Tobias Adrian on stability

Bonus: IMF's Vitor Gaspar on debt

On the occasion of the release of the International Monetary Fund's Fiscal Monitor, Brendan talked to Vitor Gaspar, who runs the fund's Fiscal Affairs Department. Mr Gaspar, formerly of the Banco de Portugal, the European Commission and the European Central Bank, drew a distinction between "good" and "bad" spending. He also argued that a "competitive" economy isn't just an economy that pays low wages, and threaded a fine needle on whether Europe needs more infrastructure investment. And he responded to the contention by his friend Olivier Blanchard, former chief economist of the IMF, that debt isn't necessarily always bad. Hosted on Acast. See acast.com/privacy for more information.

Bonus: IMF's Vitor Gaspar on debt

Odette Lienau on the most complicated debt restructuring in history

Law professor Odette Lienau joins Colby and Brendan on the sidelines of the IMF spring meetings in Washington, DC to discuss the sovereign debt crises in Venezuela, Argentina and Mozambique. They also discuss why vulture funds could do some good. Hosted on Acast. See acast.com/privacy for more information.

Odette Lienau on the most complicated debt restructuring in history

Yanis Varoufakis: "Democracy is a very fragile flower"

Alphaville's Jemima Kelly and Izabella Kaminska sat down with Yanis Varoufakis, former finance minister of Greece and current organiser of a trans-European group of what he calls "radical Europeanists" — in favor of union, without deflation or austerity. Mr Varoufakis answers criticism from the left, pointing out that even if the euro or the EU were poorly conceived, leaving them now would have catastrophic consequences for the poor. He gives a brief history of economic thought, connecting Joseph Schumpeter back to Karl Marx, saying it's not so clear that leftists know what Marx, a globalist, would be saying today. Oh, and also: Pamela Anderson. Hosted on Acast. See acast.com/privacy for more information.

Yanis Varoufakis: "Democracy is a very fragile flower"

Brexit: Too late now to get the milk out of the tea

No matter what the British Parliament decides, for almost three years the UK, Ireland and the EU have been dealing with the reality of the Leave vote. Positions have hardened, investments have been foregone, and all the countries involved have become different places, in ways that cannot be undone. Brendan Greeley of FT Alphaville and Mark Blyth of the Rhodes Center at Brown discuss consequences with Stephen Kinsella, economist at the University of Limerick and Megan Greene, chief economist at Manulife Asset Management. Hosted on Acast. See acast.com/privacy for more information.

Brexit: Too late now to get the milk out of the tea

Immigration: comparing this wave to the last

Leah Boustan of Princeton and Maggie Peters of UCLA look at the wave of migrants to the US from Central America and compare it to the last great wave, from Europe in the late 19th century. Some things are the same: immigrant families are adopting "American" names at the same rates as before, for example. Some things are different: the speed of communication and container shipping mean that American companies prefer to get cheap labour through outsourcing, and won't lobby for increased immigration. Hosted on Acast. See acast.com/privacy for more information.

Immigration: comparing this wave to the last

Andrew Keen on the internet: misery is not the answer

Andrew Keen, author of Cult of the Amateur and more recently How to Fix the Future, sits down with FT Alphaville's Izabella Kaminska. They both tell the history of their own disenchantment with the internet, and discuss why the Elon Musk story has turned into a Shakespearean tragedy, while Jeff Bezos is more of a Bond villain. "When you do away with gatekeepers you get anarchy," says Mr Keen, but dystopian misery isn't the answer, either. Hosted on Acast. See acast.com/privacy for more information.

Andrew Keen on the internet: misery is not the answer

Waltraud Schelkle and Ashoka Mody: Is the eurozone fixable?

Forget Brexit. Growth in the eurozone is slowing down, but not equally for all countries. Which leaves the continent with the same question it's had for a decade: is it capable of making policy flexible enough for all of its economies? Waltraud Schelkle of the London School of Economics argues that Europe's currencies always swung with the deutschmark, so the European Central Bank offers some level of control. Ashoka Mody of Princeton says the euro will never be flexible enough to let countries like Italy make adjustments. Hosted on Acast. See acast.com/privacy for more information.

Waltraud Schelkle and Ashoka Mody: Is the eurozone fixable?

What China wants: Brad Setser, and Freya Beamish

Even if the trade talks are settled, long-term friction will remain between China and the United States. China has an industrial policy which will see it strive to make more advanced products, such as aircraft and medical devices. The US wants to keep selling these kinds of high-value manufactured goods to China. It remains a fundamental issue for the two world economic powers. FT Alphaville's Brendan Greeley speaks first with Brad Stetser, the former US Treasury economist and China watcher, and then is joined by Colby Smith to hear from Freya Beamish, China expert at Pantheon Macroeconomics. Hosted on Acast. See acast.com/privacy for more information.

What China wants: Brad Setser, and Freya Beamish

Germany's China shock

Answering the question of whether Germany's export-driven model will ever change, and whether Germany's obsession with saving and budget surpluses will ever change. And how to say "Groundhog Day" in German. Wade Jacoby of Brigham Young University and Megan Greene of Manulife Investments join FTAlphaville's Brendan Greeley and Mark Blyth from the Rhodes Center. Hosted on Acast. See acast.com/privacy for more information.

Germany's China shock

Peter Norton on the history of paying for big projects

The United States may not have an infrastructure crisis. It may in fact have too much infrastructure. And what does that word "infrastructure" even mean, anyway? We talk about the history internal improvements, public works, and the power of a group that called itself The League of American Wheelmen. Hosted on Acast. See acast.com/privacy for more information.

Peter Norton on the history of paying for big projects

Climate change is not a business cycle

Armon Rezai of the Vienna University of Economics and Business and Lint Barrage of Brown University talk to Colby and Mark about how climate change will affect home values and retirement portfolios — you know, middle-class wealth. Hosted on Acast. See acast.com/privacy for more information.

Climate change is not a business cycle

Adam Tooze on Davos, econ 101 and the unexpected importance of China in the global economy

Adam Tooze, economic historian and author of Crashed: How a Decade of Financial Crises Changed the World, joins the FT’s Brendan Greeley and Brown University’s Mark Blyth to discuss how our politics got us to where we are today, why our ideas about how the economy works may not be fit for purpose, and the key role that China played during the Great Recession and continues to play today. They also discuss the central importance of global capital flows for understanding our world and why global liquidity may be much more fragile than we like to think. Hosted on Acast. See acast.com/privacy for more information.

Adam Tooze on Davos, econ 101 and the unexpected importance of China in the global economy

The history of what we now call opportunity zones

The 2017 tax cut in the US included a provision that would forgive capital gains taxes, if invested for ten years in an "opportunity zone" — a low-income area designated by a state governor. But the idea of encouraging investments in poor and mostly black areas has a long history. We talk to Mehrsa Baradaran, a law professor at the University of Georgia and Andrew Schrank, a sociologist at Brown University. Hosted on Acast. See acast.com/privacy for more information.

The history of what we now call opportunity zones

Olivier Blanchard on debt: “Relax. Don’t relax too much, but relax”

Author of the standard textbook on macroeconomics, former head of research for the International Monetary Fund, currently at the Peterson Institute for International Economics, Olivier Blanchard works in the place where economists and politicians attempt to talk to each other. He talked to us about how the financial crisis changed his thinking on models, why state debt isn’t always and everywhere a bad thing and why the best forecasts in the future might come from artificial intelligence. Hosted on Acast. See acast.com/privacy for more information.

Olivier Blanchard on debt: “Relax. Don’t relax too much, but relax”

Adam Posen on central banks, China and the enduring power of the dollar

The economist and president of the Peterson Institute for International Economics joins FT Alphaville’s Colby Smith and Brown University’s Mark Blyth to discuss the politicking of central banking, the hurdles to finding a US-China trade war resolution and how China can manage the financial risks building in its economy. They also touch on the enduring power of the dollar and US markets. Colby Smith is a writer for FT Alphaville and Mark Blyth is the director of the William Rhodes Center for International Economics and Finance at the Watson Institute at Brown University. Hosted on Acast. See acast.com/privacy for more information.

Adam Posen on central banks, China and the enduring power of the dollar

Robert Shiller: market narratives are 'like diseases'

A bonus episode from the annual meeting of the American Economic Association in Atlanta this past weekend. Brendan Greeley caught up with Yale economist and Nobel laureate Robert Shiller, who argues that if you want to understand markets you have to understand stories — how they start and how they spread. They talked about the stories driving share prices down in December, about Jim Cramer and about the narrative power of Harriet Beecher Stowe's Uncle Tom's Cabin. Hosted on Acast. See acast.com/privacy for more information.

Robert Shiller: market narratives are 'like diseases'

What exactly is 'slack'?

Economists like to talk about the "slack" in the labour market. But how can we measure it, and what does it mean? The FT's Brendan Greeley hosts with guests Megan Greene, chief economist at Manulife Asset Management, Ioana Marinescu, economist and professor at the University of Pennsylvania and Mark Blyth, director of the William Rhodes Center for International Economics and Finance at the Watson Institute at Brown University. Hosted on Acast. See acast.com/privacy for more information.

What exactly is 'slack'?

Mariana Mazzucato on who creates value

The economist and University College London professor joins Alphaville's Jemima Kelly to discuss the question of value: who creates it and who makes use of it. She also lays out her argument for a rethinking of the relationship between markets and governments. It's the subject of her recent book, The value of everything: making and taking in the global economy. Hosted on Acast. See acast.com/privacy for more information.

Mariana Mazzucato on who creates value

The math wizard who became a customer loyalty scheme guru

Economist Gary Loveman was teaching at Harvard Business School when he went to consult for the Harrah's casino chain in Las Vegas in the late 1990s. Despite knowing nothing about gambling, his insights on customer loyalty earned him a promotion to the chief executive job at the casino group. He took a company that traded at $14 a share and a decade later sold it to private equity for $90 a share. Gary Loveman talks to the FT's Sujeet Indap about how data science is helping executives draw in customers across industries. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

The math wizard who became a customer loyalty scheme guru

Bill Janeway revisits the 'three-player game'

Academic and practicing capitalist Bill Janeway talks to the FT's Jamie Powell about the way government used to drive innovation, and his idea of the "three-player game" between government, capital and industry. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Bill Janeway revisits the 'three-player game'

David Autor on what we now know about trade

Alphachat is back, and with a new host, Brendan Greeley. Brendan is the new US editor of Alphaville, and in this episode, he talks to MIT economics professor David Autor about what economics got wrong about trade, how the profession is fixing itself and why policy is still catching up. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

David Autor on what we now know about trade

Introducing Behind The Money

Alphachat is going on a brief hiatus. When we come back in a few weeks we're going to have some great new interviews. But before we take this short break, we wanted to share a new FT podcast called Behind The Money. Each week host (and Alphachat producer) Aimee Keane will take you inside the big business and financial stories of the moment, with the help of other FT reporters. You can subscribe to Behind The Money on all of the usual podcast platforms. Hosted on Acast. See acast.com/privacy for more information.

Introducing Behind The Money

Sir Paul Tucker on the legitimacy of the central bank

The economist and former deputy governor of the Bank of England joins the FT's John Authers to debate the power of government agencies and the unelected officials leading them, including those at the helm of institutions like the Federal Reserve. It's the subject of his recent book, Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Sir Paul Tucker on the legitimacy of the central bank

Dan Drezner on the economics of ideas

In this encore episode, Dan Drezner, writer and professor of international politics, discusses his book, "The Ideas Industry: how pessimists, partisans and plutocrats are transforming the marketplace of ideas" with former host Cardiff Garcia. They also talk about the global populist wave, identity-based politics, and how to resist the temptation to say yes to everything. This episode was originally published on September 29, 2017. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Dan Drezner on the economics of ideas

Jim Millstein on lessons from the financial crisis

The former chief restructuring officer of the US joins Lex's Sujeet Indap to talk about the financialisation of American businesses, the causes of the 2008 crisis and the outcomes of the government response and reforms. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Jim Millstein on lessons from the financial crisis

An encore chat with Geoffrey West

Physicist Geoffrey West joins FT Alphaville's Izabella Kaminska to discuss his work on a universal theory of growth - or scaling - that extends beyond human lifespans to encompass the sustainability of corporations, cities and more, as detailed in his latest book "Scale". Music by Podington Bear. This episode was originally published on June 9, 2017. Hosted on Acast. See acast.com/privacy for more information.

An encore chat with Geoffrey West

Encore: Alice Rivlin on a career as an economic policymaker

Economist Alice Rivlin discusses her storied Washington career, from roles in three different presidential administrations, to director of the Congressional Budget Office, Vice-Chair of the Federal Reserve and to her current post at the Brookings Institution. This episode was originally published on May 26, 2017. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Encore: Alice Rivlin on a career as an economic policymaker

Benn Steil on The Marshall Plan

Economist and award-winning author Benn Steil talks to Matt Klein about the history of the post-World War II European recovery plan, implemented by then secretary of state George C Marshall as a means of defending against communist authoritarianism. It's the subject of Steil's new book, The Marshall Plan: Dawn of the Cold War. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Benn Steil on The Marshall Plan

ENCORE: Andrew Lo on adaptive markets

Economist Andrew Lo talks to the FT's John Authers about his adaptive markets hypothesis, the idea that markets develop and adapt over time and should be modelled using concepts from biology instead of physics. It's the subject of his recent book, Adaptive Markets: Financial Evolution at the Speed of Thought. This interview was originally published on March 24, 2017. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

ENCORE: Andrew Lo on adaptive markets

The downside of the German economy

Germany is often considered an economic role model for the rest of the world, with low unemployment, a strong welfare state, first-class manufacturing and government budget surpluses. But there's another side to the German economy. Economist Marcel Fratzscher of the German Institute for Economics Research joins Matt Klein to explain. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

The downside of the German economy

Emi Nakamura on the methods and madness of inflation

Economist and Columbia University professor Emi Nakamura joins FT senior investment commentator John Authers to discuss the way inflation statistics are compiled, what the cost of inflation is to the economy and the current relationship between inflation and unemployment. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Emi Nakamura on the methods and madness of inflation

Stephanie Kelton on budget deficits and student debt

Economist Stephanie Kelton talks to Matt Klein about the way government budgets really work and what large-scale student debt forgiveness might do for the US economy. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Stephanie Kelton on budget deficits and student debt

Jonathan Knee on becoming the "accidental" investment banker

Banker, business school professor and author Jonathan Knee joins Sujeet Indap to discuss his career, the evolution of modern investment banking and finding a way to be influential. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Jonathan Knee on becoming the "accidental" investment banker

ENCORE: 50 things that shaped the modern economy

In this encore episode, Tim Harford joins Cardiff Garcia to talk about the way 50 different inventions have shaped the way the economy works today, from video games to the tally stick. It's the subject of his book, "Fifty things that made the modern economy", and a BBC audio series. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

ENCORE: 50 things that shaped the modern economy

Understanding the North Korean economy

The North Korean economy was modeled off of Stalin's forced industrialisation of the 1930s. Many still think the country exists in a time warp -- a communist museum piece kept alive by Chinese subsidies. But the truth is more interesting. After the fall of the Soviet Union, North Korea's economy and society changed dramatically. Marcus Noland, economist and executive vice president of the Peterson Institute for International Economics, explains in the latest episode of Alphachat. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Understanding the North Korean economy

Corporate tax and the trade balance

Economist Brad Setser and Alphaville's Matt Klein dig into the recent changes to corporate tax policy in the US, and what effect these will have on the global economy. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Corporate tax and the trade balance

Thomas Wieser on his career in economic policy

Thomas Wieser, one of the key figures in Eurozone policymaking since the European sovereign debt crisis, joins the FT's Jim Brunsden and Alex Barker to discuss his career, the crisis and more. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Thomas Wieser on his career in economic policy

ENCORE: The life of Alan Greenspan

Author Sebastian Mallaby produced the definitive account of the former Federal Reserve chairman's life, career, and the context in which he operated in the book "The Man Who Knew". In this encore episode he joins Matt Klein to discuss. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

ENCORE: The life of Alan Greenspan

Michele Wucker explains the 'gray rhino'

Most of the things that hurt us are easy to identify and avoid in advance. Yet rather than deal with these problems, we tend to live in terror of inchoate and unpredictable dangers. Journalist and author Michele Wucker talks with Matt Klein about why this is and how to fix it. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Michele Wucker explains the 'gray rhino'

ENCORE: Keynes v Hayek

In this encore episode, writer Nicholas Wapshott talks to Cardiff Garcia about his 2011 book "Keynes Hayek: The Clash that Defined Modern Economics". The two discuss which economist's ideas are ascendant in the post-crisis cycle, and why both will matter during the Trump administration. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

ENCORE: Keynes v Hayek

James Heckman on human capital development

How do societies help people fulfill their potential? And how do you make sure the programs meant to help people grow - like education and job retraining - are actually working? Nobel Prize-winning economist James Heckman joins Alexandra Scaggs to discuss this and more. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

James Heckman on human capital development

Hernando de Soto on the economics of property rights

Economist Hernando de Soto joins the FT's John Authers to discuss his work documenting property rights in developing countries, the philosophical influences on his thinking and a lofty goal to create a global property rights registry using blockchain technology. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Hernando de Soto on the economics of property rights

'The wisdom of finance'

What happens when you take the principles of finance and use them to answer some big philosophical questions? Author and Harvard business and law professor Mihir Desai joins Matt Klein to talk about this and more. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

'The wisdom of finance'

Unorthodox economics

Author and crowd-funded economist Steve Keen joins Izzy Kaminska to talk about his criticism of neoclassical economics, and whether the global financial system can avoid another crisis. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Unorthodox economics

Hirschmania, the final chapter

Historian and biographer Jeremy Adelman joins Cardiff Garcia to discuss the life and ideas of economist Albert O. Hirschman one last time. In this episode, the two cover Hirschman's "The Rhetoric of Reaction" and his assessment of argumentative styles that emerge in times of progress. Music by Podington Bear. Hosted on Acast. See acast.com/privacy for more information.

Hirschmania, the final chapter

We're taking a break for Thanksgiving

Alphachat is taking a break this week for the US Thanksgiving holiday. We will be back next week with a brand new episode. Hosted on Acast. See acast.com/privacy for more information.

We're taking a break for Thanksgiving

Who is Sadie Alexander?

With the help of economist and Bucknell University professor Nina Banks, host Cardiff Garcia tells the story of the first African American economist, Sadie Tanner Mossell Alexander. Music by Podington Bear Hosted on Acast. See acast.com/privacy for more information.

Who is Sadie Alexander?

The fiscal impact of US immigration

Economist Kim Rueben joins Cardiff Garcia to discuss the fiscal effect of immigration in the US, specifically on education, employment and wage outcomes. It’s the third episode in our series on the impact of immigration. Hosted on Acast. See acast.com/privacy for more information.

The fiscal impact of US immigration

A sit down with Adair Turner

The former chair of the UK's Financial Services Authority and current chair of the Institute for New Economic Thinking talks to Alphaville's Izabella Kaminska at INET's recent festival in Edinburgh, Scotland. The two cover Turner's views on peer-to-peer lending, the role of banks in money creation, the cryptocurrency scene and much more. Hosted on Acast. See acast.com/privacy for more information.

A sit down with Adair Turner

Stephen Kotkin on Stalin's economics

Historian Stephen Kotkin joins Alphaville's Matt Klein to discuss how Joseph Stalin's violent commitment to Marxist-Leninism shaped Soviet society in the 1930s. It's the subject of Kotkin's latest book, Stalin: Waiting for Hitler. Hosted on Acast. See acast.com/privacy for more information.

Stephen Kotkin on Stalin's economics

ENCORE: Why economic populists always disappoint

Economist Sebastian Edwards joins Cardiff Garcia to discuss the modern emergence of populism, and how his research of populist economics can be applied to Donald Trump's economic agenda. Hosted on Acast. See acast.com/privacy for more information.

ENCORE: Why economic populists always disappoint

Richard Florida on geographic inequality

Urban studies theorist Richard Florida joins Aimee Keane to discuss his latest book, "The New Urban Crisis". Hosted on Acast. See acast.com/privacy for more information.

Richard Florida on geographic inequality

Hirschmania Part 2

Historian and biographer Jeremy Adelman joins Cardiff Garcia to discuss the life and ideas of economist Albert O. Hirschman once again. In this episode, the two cover Hirschman's most famous treatise, "Exit, Voice, and Loyalty". Hosted on Acast. See acast.com/privacy for more information.

Hirschmania Part 2

Dan Drezner on the economics of ideas

Dan Drezner, writer and professor of international politics, joins Cardiff Garcia to discuss his latest book, "The Ideas Industry: how pessimists, partisans and plutocrats are transforming the marketplace of ideas". They also talk about the global populist wave, identity-based politics, and how to resist the temptation to say yes to everything. Hosted on Acast. See acast.com/privacy for more information.

Dan Drezner on the economics of ideas

The science behind our addictions to social media and tech

Robert Lustig, a pediatric endocrinologist and author known for his work on the addictive properties of sugar and its effect on the brain, joins Alphaville's Izabella Kaminska to discuss his latest book, which applies his work on addiction to the technological realm. The book is called The Hacking of the American Mind. Hosted on Acast. See acast.com/privacy for more information.

The science behind our addictions to social media and tech

The economics of immigration

Economist Jennifer Hunt joins Cardiff to discuss the findings of a major study on the economic impact of immigration on the US. Hosted on Acast. See acast.com/privacy for more information.

The economics of immigration

Bonus: Life beyond the pit

When electronic trading was introduced on the floor of the New York Mercantile Exchange, volumes handled by traders in the open-outcry pits were quickly overshadowed by those done by computers. Many of the floor traders soon found themselves out of work, and without proper training to find other jobs in finance. But one of those traders, Tom Gordon, embarked on a second act in his career, one that, for now, can’t be done by an algorithm or a robot. This podcast was produced as part of an FT Health at Work special report. Read more at FT.com/health-work.Music courtesy of Dave Depper, Podington Bear, Pure Grease and Peter Sandberg Hosted on Acast. See acast.com/privacy for more information.

Bonus: Life beyond the pit

The making of the crisis in Venezuela

Economist Ricardo Hausmann joins Cardiff Garcia to discuss the historical foundation of Venezuela's current macroeconomic and humanitarian crisis, what may happen with its debt and what the future holds for the country. Hosted on Acast. See acast.com/privacy for more information.

The making of the crisis in Venezuela

Should Amazon be broken up?

Lina Khan, a writer and fellow at New America, joins FT Alphaville's Alex Scaggs to discuss how the tech company's unique organisational structure and business strategy raise possible antitrust issues that current law isn't particularly well designed to address. It's the subject of Khan's paper, "Amazon's antitrust paradox", recently published in the Yale Law Journal. Hosted on Acast. See acast.com/privacy for more information.

Should Amazon be broken up?

How well do immigrants integrate into American society?

Harvard sociologist Mary Waters, who chairs the National Academy of Sciences Panel on The Integration of Immigrants into American Society, talks to Cardiff Garcia about the findings of a massive study conducted and published by her panel. Hosted on Acast. See acast.com/privacy for more information.

How well do immigrants integrate into American society?

Buchheit and Gulati on restructuring Venezuela's debt

Lee Buchheit and Mitu Gulati, two of the world's foremost experts on sovereign debt restructuring, join the FT's Robin Wigglesworth to explain Venezuela's looming debt crisis and options for solving it, while the country's economic collapse and humanitarian problems continue to worsen. Hosted on Acast. See acast.com/privacy for more information.

Buchheit and Gulati on restructuring Venezuela's debt

"Don Draper has been drawn and quartered"

Scott Galloway, professor of marketing and founder of brand think tank L2, joins the FT's Shannon Bond to talk about the death of advertising as we know it, how Amazon is changing the way we consume and why he is betting on voice technology. Hosted on Acast. See acast.com/privacy for more information.

"Don Draper has been drawn and quartered"

The cost of dodging the tax man

Economist Gabriel Zucman joins the FT's Matt Klein to talk about the use of tax havens and the effect tax evasion has on inequality and other macroeconomic measurements, which is the subject of his book "The Hidden Wealth of Nations". Hosted on Acast. See acast.com/privacy for more information.

The cost of dodging the tax man

Michael Pettis on the Chinese economy

In the second of a two-part series, economist Michael Pettis joins the FT's Cardiff Garcia and Matt Klein to discuss the state of the Chinese economy. Hosted on Acast. See acast.com/privacy for more information.

Michael Pettis on the Chinese economy

Michael Pettis on the mechanics and politics of trade

Economist Michael Pettis joins the FT’s Cardiff Garcia and Matt Klein to discuss the macroeconomic framework he introduced in his book The Great Rebalancing. Hosted on Acast. See acast.com/privacy for more information.

Michael Pettis on the mechanics and politics of trade

Encore episode: Angus Deaton on his Nobel Prize-winning career

Angus Deaton, the 2015 winner of the economics Nobel Prize, tells host Cardiff Garcia about his early influences and the work for which he won the award. Hosted on Acast. See acast.com/privacy for more information.

Encore episode: Angus Deaton on his Nobel Prize-winning career

50 things that shaped the modern economy

Tim Harford joins Cardiff Garcia to talk about the way 50 different inventions have shaped the way the economy works today, from video games to the tally stick. It's the subject of his latest book, "Fifty things that made the modern economy", and a BBC audio series. Hosted on Acast. See acast.com/privacy for more information.

50 things that shaped the modern economy

Encore episode: Heidi Williams on the economics of medical innovation

The 2015 MacArthur Genius Grant recipient and MIT professor joins host Cardiff Garcia to discuss her work on the incentive systems that drive innovation in medical technology, including the effect of patents on the development of early stage cancer drug treatments. Hosted on Acast. See acast.com/privacy for more information.

Encore episode: Heidi Williams on the economics of medical innovation

Sizing up US retail

In light of Amazon's $13.7bn Whole Foods takeover, Cardiff Garcia talks with the FT's Shannon Bond and Anna Nicolaou about the state of the US retail industry. Hosted on Acast. See acast.com/privacy for more information.

Sizing up US retail

On the verge of a productivity boom?

Economist Michael Mandel joins Cardiff Garcia to talk about the research that he and co-author Bret Swanson have published on "the coming productivity boom" -- an optimistic case for productivity growth based on the application of information technology in physical industries such as manufacturing and healthcare. Hosted on Acast. See acast.com/privacy for more information.

On the verge of a productivity boom?

Ireland: austerity poster child or "beautiful freak"?

Economist Stephen Kinsella joins Cardiff Garcia to discuss the right lessons from Ireland's experience of crisis, austerity, and recovery -- and a few of the wrong lessons as well. Hosted on Acast. See acast.com/privacy for more information.

Ireland: austerity poster child or "beautiful freak"?

A chat with Geoffrey West

Physicist Geoffrey West joins FT Alphaville's Izabella Kaminska to discuss his work on a universal theory of growth - or scaling - that extends beyond human lifespans to encompass the sustainability of corporations, cities and more, as detailed in his latest book "Scale". Hosted on Acast. See acast.com/privacy for more information.

A chat with Geoffrey West

The new masters of craft

Sociologist Richard Ocejo joins Cardiff Garcia to talk about the way educated urbanites have upscaled and transformed traditionally low-income manual jobs from bartending to butchery, and what it suggests about the evolution of the labour market in the age of automation. It is the subject of Ocejo's most recent book, Masters of Craft. Hosted on Acast. See acast.com/privacy for more information.

The new masters of craft

More from our interview with Anne Case

This is a bonus episode featuring parts of Cardiff Garcia's interview with economist Anne Case that did not make it into the episode published on April 21. In this Alphachat extra the two discuss Anne's experience dealing with bloggers and other commentators who react to her work, how her research in South Africa shaped her approach to health economics and why height turns out to be such a useful variable in her research. Hosted on Acast. See acast.com/privacy for more information.

More from our interview with Anne Case

The life of an economic policymaker

Economist Alice Rivlin joins Cardiff Garcia to discuss her storied Washington career, from her roles in three different presidential administrations, to the first director of the Congressional Budget Office, to Vice-Chair of the Federal Reserve, to her current post at the Brookings Institution. Hosted on Acast. See acast.com/privacy for more information.

The life of an economic policymaker

Encore episode: Maria Konnikova on psychology, work, and why we all get conned

Maria Konnikova, a writer and author of “The Confidence Game: Why We Fall For It… Every Time” talks to host Cardiff Garcia about her work and the challenge of judging the quality of social-science research. The two also discuss big data, open-plan offices, sleep and the psychological effects of pornography. Maria also describes the methods and traits of con artists, and explains why everyone is susceptible to being a victim. Hosted on Acast. See acast.com/privacy for more information.

Encore episode: Maria Konnikova on psychology, work, and why we all get conned

The life and ideas of Albert O. Hirschman

Historian and biographer Jeremy Adelman joins Cardiff Garcia to survey the life and philosophy of economist Albert O. Hirschman, from his work on development economics to "The Passions and the Interests", his book about the forgotten intellectual history behind the emergence of capitalism. Hosted on Acast. See acast.com/privacy for more information.

The life and ideas of Albert O. Hirschman

Inside Obama's economic policy shop

Jason Furman, economist and former chair of the Council of Economic Advisors, joins Cardiff Garcia to discuss the way economic policy was made and framed during the Barack Obama administration. Jason also talks about his background and the economists who influenced him, and he gives his thoughts on a few salient economic issues. Hosted on Acast. See acast.com/privacy for more information.

Inside Obama's economic policy shop

Tyler Cowen's stubborn attachments

Economist and polymathic author Tyler Cowen talks to Cardiff about his essay, "Stubborn Attachments", in which he shares his vision for a free and prosperous society - and the philosophical foundations necessary to build it. Hosted on Acast. See acast.com/privacy for more information.

Tyler Cowen's stubborn attachments

Anne Case on mortality and morbidity in the 21st century

Economist Anne Case joins Cardiff Garcia to talk about her trilogy of research papers that revealed the stunning reversal of mortality trends among certain groups of Americans. The two also discuss the methodology used in the papers and her comprehensive theory behind the causes of these trends. Hosted on Acast. See acast.com/privacy for more information.

Anne Case on mortality and morbidity in the 21st century

Encore episode: Jim Chanos on betting against Wall Street

Short seller Jim Chanos talks to the FT's Matt Klein about his illustrious career in investment management, including his bet against Enron before it went bust in 1999. Mr Chanos also discusses the mechanics of short selling, his research process, and some of the opportunities he said he missed. Hosted on Acast. See acast.com/privacy for more information.

Encore episode: Jim Chanos on betting against Wall Street

When (and when not) to get political as a company

Cardiff Garcia and Shannon Bond explore how companies have tried to capitalise on the politically charged climate that has developed since the campaign and election of Donald Trump, and how it has backfired for some of them. Plus the FT's Anna Nicolaou and Hearst's Troy Young join as guests. Hosted on Acast. See acast.com/privacy for more information.

When (and when not) to get political as a company

How persuasion works in business, life and politics

Social-psychologist Robert Cialdini joins Cardiff Garcia to discuss the psychology of influence and the importance of what you do before attempting to persuade someone, which is the subject of his latest book "Pre-suasion". The two also cover the role of persuasion in politics, specifically the way it has been used by Donald Trump and Barack Obama. Hosted on Acast. See acast.com/privacy for more information.

How persuasion works in business, life and politics

Buy, sell or adapt

Cardiff Garcia talks to Alphaville's Matt Klein and FT senior investment commentator John Authers about the consequences and lessons of a famous call to sell stocks. Then, MIT economist Andrew Lo talks to John about the adaptive markets hypothesis, the subject of his forthcoming book. Clip courtesy of NBC. Hosted on Acast. See acast.com/privacy for more information.

Buy, sell or adapt

How economics has evolved since the crisis

Economist and writer Noah Smith joins Cardiff Garcia to discuss how the economics profession reacted to the financial crisis and the questions that economists are now asking, perhaps belatedly. Hosted on Acast. See acast.com/privacy for more information.

How economics has evolved since the crisis

Why Texas works

Writer Erica Grieder joins Cardiff Garcia to discuss what the rest of America can learn from the economic model of Texas, and how the state will be affected by the Trump administration's trade and immigration policies. Hosted on Acast. See acast.com/privacy for more information.

Why Texas works

UBI in action, and the need for full employment

Writer Annie Lowrey joins Cardiff Garcia to discuss a pilot project to implement UBI in more than 100 African villages. Then, Alphaville's Matt Klein stops by to debate whether the concept of full employment is complete nonsense. Hosted on Acast. See acast.com/privacy for more information.

UBI in action, and the need for full employment

Why economic populists always disappoint

Economist Sebastian Edwards joins Cardiff Garcia to discuss the modern emergence of populism, and how his research of populist economics can be applied to Donald Trump's economic agenda. Hosted on Acast. See acast.com/privacy for more information.

Why economic populists always disappoint

Radical economics, rethought

FT economics writer Martin Sandbu joins host Cardiff Garcia to discuss economic ideas that would have been considered unthinkably radical or excessive a few years ago, but which are now generating serious discussion. Hosted on Acast. See acast.com/privacy for more information.

Radical economics, rethought

Michael Pettis on the Chinese economy

In this edition, Cardiff Garcia talks with Peking University finance professor Michael Pettis about the limits of China's economic model, why we shouldn't trust the country's growth numbers, and the state of its banking system. Pettis also shares what it's like to run a nightclub and manage an indie record label in Beijing. Hosted on Acast. See acast.com/privacy for more information.

Michael Pettis on the Chinese economy