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After Hours

The U.S. economy is stellar. So why are we all so mad?

After Hours

TED Audio Collective / Youngme Moon, Mihir Desai, & Felix Oberholzer-Gee

Hbr, Business/investing, Ideas, Mba, Economics, Professor, Business/management, News/business News, Management, News, Presents, Finance, Faculty, Harvard, Business

4.81.4K Ratings

🗓️ 1 November 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this episode, Mihir and Felix discuss consumer finances, which are remarkably healthy. The average U.S. household now has a net worth of more than a million dollars. But if things are this good, why are we so angry? Why lament the state of the economy? Plus, we talk about Tesla and the market for electric vehicles. Has it reached its nadir?

Transcript

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0:00.0

Ted Audio Collective.

0:07.0

Hey listener, a quick favor.

0:09.0

We are conducting an audience survey and we'd be really grateful if you could take just a few minutes to respond.

0:14.0

Please visit survey.prx.org slash after hours to take the survey today.

0:21.0

That's survey.prx.org slash after hours.

0:25.0

Thanks.

0:30.0

Hello everyone.

0:38.0

You're listening to After Hours.

0:39.0

I'm Felix.

0:40.0

I'm me here.

0:41.0

And it's just two of us.

0:42.0

And it's the day after Halloween.

0:44.0

Do you have chocolate overhang?

0:46.0

Oh yeah, completely.

0:47.0

Sugar overhang.

0:48.0

And it lasts for a while because it's addictive, right?

0:50.0

So then you keep eating candy for quite a while.

0:52.0

Oh yeah, that's true.

0:53.0

And it's so good.

0:54.0

Do you have a particularly epic Halloween memory in your life?

0:58.0

Well, I live on a street that is closed off for Halloween.

1:01.0

And it sort of attracts families throughout the neighborhood.

...

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