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The Rest Is Money

111. What Would Happen If We Didn't Tax Anyone?

The Rest Is Money

Goalhanger Podcasts

Business, Politics, News, Tech News

3.8903 Ratings

🗓️ 11 November 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Undercover Economist, Tim Harford joins Steph to answer your questions, including how a taxless society would operate, whether we can get ourselves out of economic mess by making different lifestyle choices and where butter mountains and wine lakes come from. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is presented by Monsor Business. Now being your own boss is great. There's no one to

0:08.0

answer to. You get to choose your hours and of course you get to pay yourself and say good job me.

0:12.8

But there's nothing worse than chasing an invoice or sorting through admin, which is why

0:16.9

you love Monsor business. You can use digital invoices so your customers can pay you without

0:22.2

the FAF. That'll be why they were voted Best Business Banking Provider 2024 by Smart Money People.

0:28.1

It's no wonder business feels better with Monzo. Join over half a million businesses already

0:32.6

banking with them and apply for an account in minutes. Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:41.0

Invoicing is available with Monsor Business Pro for £5 a month.

0:44.5

T's and C's apply.

0:48.1

This episode is brought to you by Lloyds.

0:51.5

Now, it's got to be said that technology has changed how we interact with money.

0:56.4

We now all hold the power of finance in our hands. The new Lloyd's app is a great example of this.

1:02.7

It does the things you need every day, like checking out your upcoming payments and spending

1:07.6

insights, which is so helpful. But also, there are some neat extras. We're talking

1:12.9

big stuff like leasing a car or taking out a pension. You've got the power to do it all on the new Lloyd's app.

1:20.1

Download it now. Teas and Cs apply. This episode is brought to you by Google.

1:35.2

Now, amongst all the debates swirling around about the adoption of AI and its impact on the economy, its potential is undeniable.

1:45.6

As part of their latest AI research, Google is forecasting that the benefits of AI could be worth up to 400 billion pounds to the UK economy. That is a big number.

1:51.2

The best part is that Google is making AI available to anyone who's looking to boost their career by offering free training, giving them the confidence to use AI in their jobs day-to-day.

1:58.0

From using AI to summarise lengthy reports, to analysing data to creating stunning

2:02.8

images. They're giving people the skills to understand how to work smarter. That's just one example

2:08.6

of how Google is making AI me, Steph McGovern.

...

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