Economy

Is the UK open for business?

Globalization, as we once knew it, is dead ... well, that's according to the UK's new Chancellor of the Exchequer, Rachel Reeves.

Chancellor Reeves has run the UK Treasury since July 2024. She's facing an economic backdrop familiar to many countries: hollowed-out industrial towns; climate change; global wars and conflicts.

Today on the show: Our conversation with Chancellor Reeves on her visit this week to the US. What she thinks went wrong with globalization, and the new economic map she's coursing.

Related Episodes:
From Brexit to Regrexit

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Getting more men into so-called pink-collar jobs

Jobs numbers came out today and they weren't great: Unemployment hit 4.3% and only 114,000 jobs were added to the economy in July. The U.S. economy's downshifting gears ... but there are bright spots.

Care jobs grew. Like social assistance: 9,000 new jobs in July.

Social work organizations have been calling out for more men in particular ... and with unemployment rising for men, a lot of them want jobs. So why aren't they meeting?

Today on the show: Getting more men into so-called pink-collar jobs. We learn about an experiment that showed a surprising way to encourage men into industries traditionally represented by women.

Related Episodes:
Wanted: Social workers
Ghost jobs

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Three Kamala Harris Indicators

You may have heard some big news this past weekend: Joe Biden dropped out of the presidential election. This leaves Kamala Harris as the favorite to be the Democratic nominee.

On today's show, We imagine what can be, and we're unburdened by what has been: Kamala Harris' economics, delegate math in deciding the nominee and ... can Kamala Harris use Joe Biden's campaign money?

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Spud spat

The federal government classifies potatoes (whether they be baked, waffled, curly, fried) as a vegetable.

Recently some nutritional scientists were questioning that logic as the feds updated their dietary guidelines for 2025.

On today's episode, why potatoes have such sway on Capitol Hill and the real financial stakes spuds have in staying a veggie.

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Is the 'border crisis' actually a 'labor market crisis?'

Politicians on both sides of the aisle call the surge at the US Southern Border a "border crisis."

One camp says we need to focus on addressing the conditions in other countries that cause people to leave. The other says we have to focus on deterrence and enforcement.

But...what if both camps are actually ignoring a major piece of the picture? Today on the show, an overlooked cause and potential solution to the situation at our southern border that has nothing to do with the border at all.

Related episodes:
Why Venezuela is no longer in freefall
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plus.npr.org.

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Common economic myths, debunked

Maybe you've heard these things on social media, in the news, and take them as fact: More than half of the adults in the US live paycheck to paycheck, the trade deficit is always bad, and making the super wealthy pay their fair share will fix everything. Well, the truth isn't so simple. Today on the show: economic mythbusting. We take three factoids about the American economy and run them through the fact checkers.