Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.
What Does Bidenomics Look Like?
In Washington, personnel is policy. The people President-elect Joe Biden has picked to run economic policy can tell us a lot about what we might expect from the next administration. Bloomberg Businessweek Economics Editor Peter Coy introduces us to the key players and explains what Bidenomics could look like.
Then host Stephanie Flanders speaks with Harvard University Professor Jason Furman, former chair of the Council of Economic Advisers under President Barack Obama. He says the U.S. should stop worrying about debt and rethink fiscal policy, explaining why members of the new administration, many of whom he considers friends, are the right people for the job.
Finally, with less than five weeks before the U.K. leaves the European Union, Flanders talks with Bloomberg finance reporter Viren Vaghela about the damage already done to London’s financial industry and what’s at stake if the trickle of jobs and money leaving Britain becomes a flood.
A New Intergenerational Contract for the Pandemic Age
The hard reality of the Covid-19 pandemic is that while those at greatest risk of dying are retirement age or older, the economic disaster and its consequences fall disproportionately on the shoulders of the young.
How does it feel to be one of these people, knowing you're on the hook for years of lost economic opportunity while others dictate the terms of any recovery? Bloomberg London news apprentice Eileen Gbagbo, age 21, reports on how the virus is inflaming intergenerational tensions.
Then host Stephanie Flanders speaks with London School of Economics Professor and former Bank of England policy maker Charles Goodhart and Talking Heads Macroeconomics founder Manoj Pradhan about their book, "The Great Demographic Reversal." They give their thoughts on why inflation is going to return and how automation can--and can’t--help future generations handle the burdens ahead.
And finally, we’re back at the Bloomberg New Economy Forum to hear from United Nations Special Envoy for Climate and Finance and former BOE Governor Mark Carney about how the world of finance is going to help the planet get to zero carbon.
Crisis Rock Stars Rate the World’s Response to Covid-19
This week’s episode of Stephanomics comes to you from the third annual Bloomberg New Economy Forum, where global leaders have gathered for a virtual discussion of how to solve the world’s biggest challenges, not least of which is the coronavirus pandemic.
Stephanie Flanders brings together former Fed Chair Janet Yellen, ex-Bank of England Governor Mervyn King, former Reserve Bank of India Governor Raghuram Rajan and former U.S. Treasury Secretary Lawrence Summers to analyze the unprecedented economic response to Covid-19. They debate whether world leaders have done enough to help Main Street instead of just Wall Street, and whether global institutions are being too timid this time around.
Flanders is then joined by Ireland’s Prime Minister Micheál Martin, who talks about the future of trade as Brexit approaches, and just where U.S. President-Elect Joe Biden’s Irish grandparents came from.
Lost Opportunities for Asia’s Lockdown Generation
For decades, Asia’s fast-growing economies have offered millions of young people the chance to do better than their parents. Thanks to Covid-19, that tradition may soon end as youth unemployment soars in a region home to most of the world’s young adults. So what happens when your economic opportunities dry up? Bloomberg’s Chief Asia Economics Correspondent Enda Curran reports from Hong Kong on the struggles and hopes of the “lockdown generation.”
Then host Stephanie Flanders speaks with Bloomberg Economics’ Tom Orlik about what the world could look like in 2050, and who wins or loses if the trend toward deglobalization continues. Flanders also talks with Eurozone economist Maeva Cousin on the cost of climate change and why it may take farsighted policy makers to see the rewards of acting now.
President Donald Trump's Economic Scorecard
Who the U.S. president will be for the next four years is dominating the headlines right now, but what of the previous four? In the wake of the Nov. 3 election, host Stephanie Flanders discusses with some of the nation’s leading economists just how Donald Trump’s administration has changed America’s economy and how it interacts with the rest of the world.
Flanders is joined by University of Chicago Professor Randall Kroszner, a former Fed Governor, and George Mason University Professor Tyler Cowen, a Bloomberg Opinion contributor, to talk trade, taxes and trillions of dollars in coronavirus rescue funding. She also speaks with New York University Professor Baruch Lev about how much of Trump’s vaunted stock market rally is built on intangible assets, and what that could mean for future policy makers.
How to Build Back Greener After the Pandemic
Alongside the financial destruction wrought by Covid-19 there comes new opportunities. European officials have seized on one in particular—mending battered economies in a way that also tackles global warming, or “building back greener.” But how to turn those words into action? Bloomberg renewables reporter Jess Shankleman reports from London on the policies that may bring that dream to fruition, and the sobering realities of trying to do so during a pandemic.
Host Stephanie Flanders talks with economist and policymaker Lord Nicholas Stern about how he thinks addressing climate change can be a sustainable route to growth, and what the U.S. election could mean for the future of the planet. She also speaks with Bloomberg’s trade and supply chains editor Brendan Murray about why the world’s container ships might not have enough space for all your Christmas presents this year.
Customer ReviewsSee All
The first episode was outstanding. Looking forward to the whole season
Balance? Not on Bloomberg.
Would be a whole lot better without all of the Trump bashing.
You don’t need to keep trying to boost Michael Bloomberg’s campaign, he failed miserably, worse than any other candidate in history.
Wake up, the majority are not as woke as you.
Just the facts. Balance the perspectives. Hold your opinions. Spare us your snarky sniping.
Prepare yourself for Trump’s re-election.
PS.: Shaun Donnon is a hack, partisan, hit-man. No wonder you host him so often. Balance? Not on Bloomberg.
Please also cover some JAPAC issues as well >_<