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Economist Podcasts

A run for cover: LA’s fires and insurance

Economist Podcasts

The Economist

News & Politics, News

4.44.9K Ratings

🗓️ 13 January 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Among the lessons emerging from California’s devastating fires is the idea that insurers cannot price risk on past data: the climate-change future is already here. Pete Hegseth, Donald Trump’s pick for defence secretary, has some misguided notions about women on the battlefield (10:10). And examining children’s literature: should it be all sugar and spice—or more real-world, where not everything’s nice (19:28)?


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Transcript

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0:00.0

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0:07.6

making it easier for you to invest for the future you want, whatever that looks like.

0:12.1

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meaning the funds stay within their investment risk profiles. Plus, it really doesn't take much to

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begin investing. Just get started and let the professionals do the rest. My future, my way,

0:28.7

my map. Ready when you are. Capital at risk, the value of investments and the income from them can fall

0:34.3

as well as rise and are not guaranteed. Investors may not get back the amount

0:38.0

originally invested. Diversification and asset allocation may not fully protect you from market risk.

0:45.7

This intelligence podcast is sponsored by Salesforce. What if the workforce had no limits? Every

0:52.2

business has more work than resources. Agent Force helps companies

0:56.2

build AI agents that work with humans to improve customer success and relationships. These

1:02.0

AI agents can assist, act autonomously and support your customers 24-7 and then hand back seamlessly

1:08.8

to your employees. Search Salesforce Agent Force to learn more.

1:13.6

Agent Force, what AI was meant to be.

1:16.6

The Economist.

1:24.6

Hello and welcome to the intelligence from The Economist.

1:29.6

I'm your host, Jason Palmer.

1:31.5

Every weekday, we provide a fresh perspective on the events shaping your world.

1:41.2

Donald Trump's pick for Defense Secretary Pete Hegsseth has some strong opinions when it comes to women in the military.

1:49.0

Our correspondent argues that in many ways, he is, in a word, wrong.

1:55.7

And we take a look at children's literature and the merits and demerits of sugar-coding stories

2:01.7

through the centuries. After all, the classic ending and they lived happily ever after,

...

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