Trumponomics

Why is Norway attracting attention in a post-Brexit Britain? Saleha Mohsin, who followed Norwegian politics and economics for Bloomberg, joins Dan Moss to explain `EU Decaf.' How does it work and how is it different, if at all, than being a full member of the EU? You get freedom of goods, services, capital and -- critically -- labor. Norway even contributes to the EU budget! Yet Norwegians are hap...

Have British voters rejected more than the EU? The vote to leave the Union, which grew from the idea seven decades ago that enmeshed economies won't wage war on one another, is a blow to the liberal order that's prevailed since 1945. It's also a shot across the bow of modern family life. Paul Gordon from London joins Dan Moss to explain why. We also find out what the barista said to Paul as dawn b...

Will the government still feed me when I'm 64? How about 74, or even 84? Americans are living longer than ever, but the retirement age has barely budged from the original 65. How can Washington adjust the public retirement system -- a political third rail -- without enraging millions of U.S. workers? What the heck do we mean by a third rail? Join us for a chat with Peter Coy, economics editor at B...

Venezuela, home to the world's biggest oil reserves, is in the throes of economic crisis. With inflation projected at nearly 300 percent this year, how do Venezuelans live amid six-hour lines for groceries, crumbling hospitals and growing violence? Nathan Crooks, Bloomberg's Caracas bureau chief, walks Aki and guest co-host Catarina Saraiva through his daily life, how things got so bad and what's...

Every day the gig economy gets bigger, whether you're talking about drivers on Uber or programmers on Upwork. Are these workers freed from the drudgery and rigidity of full-time jobs, or are they exploited by companies that want to sidestep the commitments and the costs of traditional employees? Danny Margulies, who catapulted from unemployment in 2012 to a freelance copywriter commanding as much...

Washington is once again mired in political gridlock, this time involving the Supreme Court. A seat on the highest court in the land has been open since February, and it probably won't be filled until a new president is elected. How do businesses fare in the face of so much uncertainty? For answers, Tori speaks with Al Franken, the junior senator from Minnesota and a former star of Saturday Night...

After decades of progress in U.S. mortality rates, scores of white middle-aged Americans are dying or reporting that their health is deteriorating and life is increasingly painful. What does this have to do with the economy, and even the election? More than you might think. To discuss, Tori and Aki talk to Princeton professor Anne Case, whose work with husband Angus Deaton has documented the stunn...

For criminals looking to sell drugs, fund terrorism, evade taxes or bribe government officials, cash is king. That's why a growing chorus of academics and policy makers want to do away with high-denomination bills around the world, culminating last week in the European Central Bank's decision to stop printing the 500 euro note. But does this put us on a slippery slope toward a cashless society, wh...

Puerto Rico missed a $400 million debt payment on Sunday, and bigger, more consequential defaults could follow. But how did things get so bad in the first place? Michelle Kaske, Bloomberg's municipal bonds reporter, joins Dan and Aki to discuss the best- and worst-case scenarios for the U.S. Territory as its next payment deadline approaches. See omnystudio.com/listener for privacy information.

The Affordable Care Act is back in the news, as insurers around the nation complain they're losing money in exchanges designed to bring health coverage to millions of Americans. A host of economic woes have been ascribed to Obamacare, including a higher incidence of part-time work and sour business sentiment, which opponents cite as evidence the federal government shouldn't have tried to remake th...

Japan's been having a tough time lately. The central bank used unorthodox tools to jumpstart growth -- and has little to show for it. It's closing in on deflationary territory. And now, the nation also has to worry about a strengthening yen, which has the potential to worsen both those issues. Dan and Tori discuss Japan's options, joined by Bloomberg reporter Toru Fujioka on the ground in Tokyo, a...

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 c...

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 wi...

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 fr...

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 generati...

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 pos...

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 developi...

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, joi...

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 Franc...

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...

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...

Mosquitoes don't have very many redeeming qualities. They drink our blood, they make us itch and they carry illnesses like Zika, a virus that's exploding across Latin America. They can also do some serious economic damage. From health care expenses to productivity losses -- even harm done to quality of life -- the economic costs associated with mosquitoes add up. So shouldn't we get rid of them al...

The U.S. is awash in inexpensive oil. That's usually been a plus for the economy, because even though energy companies get squeezed, drivers get a break at the pump. Now, that relationship's gotten a bit hairier. Oil producers have slashed jobs and investment, yet consumers haven't picked up the slack you'd expect from more affordable gas. So here's the question: Is cheap oil now bad for the econo...

Who wants to be a millionaire? Most people we know, at least. But individuals' odds of accumulating that much wealth diverge wildly as race, age and education are factored in, according to an exclusive dataset created by the Federal Reserve Bank of St. Louis for Bloomberg News. Researchers William Emmons and Bryan Noeth join Aki and Tori to discuss the way these three traits shape financial succes...

Financial markets around the world have been rocked as investors worry that a slowdown in China will spread to other nations as well. But how closely is the stock market actually linked to what's happening in the economy? Bloomberg stocks reporter Oliver Renick joins Tori and Aki to discuss whether the turbulence is a warning about growth prospects, or if stock-market jitters will become a self-fu...