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SEASON 3, EPISODE 1

Toxic Legacy, Ep. 1: Silent Danger

Laura Hughes receives a tip that horses are dropping dead in Wales. As she investigates, she finds decades of academic studies researching the problem. She learns these aren’t isolated incidents. Something is spreading across the countryside. It’s undetectable to humans, nobody knows it’s there — until they fall ill. For more information on how to live safely with lead, please visit the LEAPP Alliance website. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

S3, E1

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41 min
11/08/2025

Introducing the Rachman Review: Is the US heading for a debt crisis?

This week on the Economics Show, we're bringing you an interview with Ray Dalio, from our foreign affairs podcast, the Rachman Review. It originally broadcast on July 3. Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a new book: How Countries Go Broke. They discuss the size of the US debt and what history tells us about identifying warning signs. Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Clip: CBS Read more: Is Donald Trump’s ‘big, beautiful bill’ a political curse for Republicans? Fears over US debt load and inflation ignite exodus from long-term bonds Donald Trump’s big, beautiful act of self-harm The fall in the dollar is not scary Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips. Hosted on Acast. See acast.com/privacy for more information.

11/08/2025

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24 min
SEASON 3, EPISODE 2

Toxic Legacy, Ep. 2: Painted Over

The UK has some of the oldest housing in the world. Although the use of lead paint is banned, what happens to the paint already on your walls? Laura Hughes speaks to families fighting for answers and the children poisoned by their own homes. She learns that it’s not only old homes that pose a serious risk. For more information on how to live safely with lead, please visit the LEAPP Alliance website. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

S3, E2

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29 min
24/12/2025

Martin Wolf speaks to Christine Lagarde: Europe’s ‘existential crisis’

The European Commission must urgently dismantle internal trade barriers that are stifling innovation, productivity and investment across the EU. So says Christine Lagarde, president of the European Central Bank, in a conversation with the FT’s chief economics commentator, Martin Wolf, as she calls for immediate structural reforms and explains why this is the moment to do it. This interview was recorded on December 10 as part of the FT’s The Global Boardroom conference. Subscribe and listen to this series of The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Read Martin’s column here Sound design and original music by Breen Turner. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

24/12/2025

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25 min
9 JAN

How bad is America’s affordability crisis? With Mechele Dickerson

Affordability is set to be a key issue in US politics ahead of the country’s midterm elections. And though American politicians often express their support for the country’s middle class, life has become progressively more difficult for that group, Mechele Dickerson argues. The University of Texas law professor explains how sluggish wage growth, housing policy and the growth of personal debt have made it harder to secure the markers of middle class life. Claire Jones is the FT’s US economics editor. You can find her articles here Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Claire Jones. Produced by Mischa Frankl-Duval. Manuela Saragosa is the FT’s acting co-head of audio. Original music from Breen Turner, and sound design by Sam Giovinco. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9 Jan

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32 min
24/12/2025

Swamp Notes: The Bethlehem Project

Swamp Notes: The Bethlehem Project is a new FT podcast series that tackles some of the US’s biggest political and economic issues through the lens of one city: Bethlehem Pennsylvania. The city is a politically divided area in a critical swing state, and reflects a lot of conversations happening nationally. The first episode tackles what happens when immigration enforcement comes to town, and the second episode explore what it's like growing up in Donald Trump's America. Subscribe to Swamp Notes here. Note: The FT does not use generative AI to voice its podcasts This is a repeat of episodes published on Swamp Notes, a sister podcast of Untold, on Nov. 10 and Dec. 17, 2025 respectively. Hosted on Acast. See acast.com/privacy for more information.

24/12/2025

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39 min
20/05/2024

Has the US finally borrowed too much? With Jason Furman

US government debt is high, and it's getting higher. The US debt-to-GDP ratio is more than 100 per cent of GDP. The Congressional Budget Office thinks the deficit is headed to 6 per cent of GDP, and a lot of that is just the debt interest. Those numbers sound pretty scary, and neither political party seems ready to do anything about it. Today on the show, we worry about it with Jason Furman, the former chair of the Council of Economic Advisers during the Obama administration, and current professor of economics at Harvard. Soumaya Keynes writes a column each week for the Financial Times. You can find it here. Subscribe to the show on Apple, Spotify, Pocket Casts or wherever you listen. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

20/05/2024

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30 min
07/11/2025

What economics gets wrong about human behaviour, with Richard Thaler

Economists like to model people as rational creatures who make self-interested decisions. But humans don’t act that way. Why do investors, politicians and ordinary people act against their best interests – and how can they be nudged into making better decisions? To find out, FT economics commentator Chris Giles speaks to Richard Thaler, the founding father of behavioural economics. Thaler is a professor at the University of Chicago who won the 2017 Nobel Prize in Economics for his work on how humans make (often irrational) decisions. On November 28, the FT will be holding a live webinar on what the UK Budget will mean for your money. Viewers will be able to put their questions to FT journalists Claer Barrett, Stuart Kirk, Tej Parikh and special guest, tax expert Dan Neidle. To sign up, get your free pass here. Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Chris Giles. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner. Sound design by Breen Turner and Samantha Giovinco. Our broadcast engineer is Andrew Georgiades. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

07/11/2025

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33 min
SEASON 3, EPISODE 3

Toxic Legacy, Ep. 3: The Whisper and Scream

A toddler in Leeds died from lead poisoning. Laura Hughes speaks to doctors in the UK to learn what must be done to prevent it from happening again. She learns that truly addressing the problem will be a massive undertaking. It would require a complete overhaul of the housing, environmental and food standards systems. But first, we need to find out where the lead is. Learn more about Untold: Toxic Legacy. For more information on how to live safely with lead, please visit the LEAPP Alliance website. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

S3, E3

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28 min
11/12/2025

Can 2026 match 2025?

What went right in 2025? What could go wrong in 2026? Recorded last week for the FT’s digital conference The Global Boardroom, Katie Martin and Rob Armstrong talk with Ian Smith, the FT’s senior markets correspondent, about the incredible resilience of the US stock market, and the challenges ahead. Also, they go long boring companies and short KPop Demon Hunters. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer. You can email Robert Armstrong and Katie Martin at unhedged@ft.com. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/12/2025

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37 min

News, analysis and comment from the Financial Times