Public Sector Pay
More or Less
BBC
4.6 • 3.7K Ratings
🗓️ 13 May 2011
⏱️ 28 minutes
🧾️ Download transcript
Summary
Investigating the public sector pay premium, statins and the 'decline effect'.
Transcript
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| 0:00.0 | Thank you for downloading the More or Less podcast from the BBC. |
| 0:04.0 | You can find out more about our programme on our website, |
| 0:07.5 | bbc.co.uk slash radio4. |
| 0:11.7 | But before you do that, here's Tim Halford. |
| 0:15.1 | Hello and welcome to More or Less, your faithful guide to the numbers in the news |
| 0:19.7 | and in life, obviously two very different things. |
| 0:23.2 | This is the last programme in the series and we'll use it to ask this. |
| 0:27.4 | Is modern science too complex to be left to the scientists? |
| 0:30.7 | We'll answer this. |
| 0:32.1 | If everyone over 55 were given cholesterol and blood pressure lowering drugs, |
| 0:36.0 | as researchers recently suggested, how many people would take those drugs unnecessarily? |
| 0:40.2 | And we'll discuss this. |
| 0:41.8 | The effect sizes start out very big and very robust, |
| 0:44.7 | and they get smaller and smaller and smaller. |
| 0:47.8 | Until after a few years, there is no effect size left. |
| 0:51.2 | The thing itself seems to have disappeared. |
| 0:54.0 | But first, by popular demand, |
| 0:56.5 | let's look at this week's news that public sector workers |
| 0:59.6 | are paid 40 or even 43% more than those in the private sector. |
| 1:04.6 | Many listeners tweeted an email about that number, |
| 1:07.2 | which made headlines in several newspapers |
| 1:09.4 | and even led the front page of the Daily Telegraph. |
... |
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