Money talks: Maxed out
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 17 December 2019
⏱️ 20 minutes
🧾️ Download transcript
Summary
Boeing has announced it will temporarily cease production of 737 Max airliners. How high are the stakes for the company? And Heather Boushey, executive director at the Washington Center for Equitable Growth, says data on inequality should be making economists rethink their models. Also, The Economist’s Bartleby columnist on how to survive the office Christmas party. Simon Long hosts
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Transcript
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters that they listen to and understand their client's needs. |
| 0:14.8 | With global expertise and over two centuries of experience, Citi provides tools, insights and |
| 0:20.8 | guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are city. |
| 0:26.0 | Learn more at city.com slash we are city. City. Welcome to Money Talks on Economist Radio. |
| 0:42.7 | I'm Simon Long, an editor here at The Economist. |
| 0:46.4 | Coming up on today's show, |
| 0:49.5 | What Data on Inequality can teach economists |
| 0:51.9 | about their economic models. |
| 0:53.4 | It is true that inequality matters for consumption and that those folks lower down the |
| 1:00.1 | income spectrum have a higher propensity to save any new dollar that they receive. |
| 1:05.2 | And how to survive the horrors of the work-price party? |
| 1:10.0 | The ideal Christmas do for me would be quietly simply cup of tea and watching the |
| 1:14.7 | test match highlights while the rest of the room sort of sits in a different corner. But first, Boeing has announced plans to halt production of its 737 Max Airliners. |
| 1:38.6 | The jets were grounded following two separate crashes in October 2018 and March 2019 that killed over 300 people. |
| 1:46.6 | Even though the Max Jets weren't allowed in the air, Boeing has continued to make them. |
| 1:51.6 | The firm's one of America's largest exporters and at least |
| 1:54.7 | a million people work for it or its suppliers, so the stakes are high. On one estimate, this |
| 2:00.5 | could shave 0.3 percentage points of America's GDP growth figure. |
| 2:05.0 | Patrick Fowles is the Economist Business Affairs editor. |
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