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WSJ Your Money Briefing

What the WFH Revolution Means for the Economy

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 13 December 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Despite the struggles between many companies and employees over returning to the office, many see the hybrid work schedule as the new normal. Stanford University economics professor Nicholas Bloom joins host J.R. Whalen to discuss its long-term impact on prices, taxes and the need for childcare. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Krakhan.

0:03.0

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0:06.0

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0:11.0

or at 5 a.m.

0:12.0

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0:15.2

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0:19.4

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0:22.8

don't invest unless you're prepared to lose all the money you invest this is a high risk investment

0:26.8

and you should not expect to be protected if something goes wrong

0:38.0

Here's your money briefing for Wednesday, December 13th. I'm J.R. Whelan for the Wall Street Journal.

0:45.6

After some push and pull, companies and workers have settled into a hybrid work schedule and the economic impacts of working from home a few days a week are just beginning to take hold.

0:51.0

Work from home is going to likely increase long-run labor supply, which would push

0:56.7

up growth, help keep down interest rates, be very positive for the entire economy.

1:01.0

Millions of people more working is a huge benefit for everyone in terms

1:04.4

of less taxes and lower prices.

1:06.5

We'll talk to Stanford University Economics Professor Nicholas Bloom.

1:10.2

After the break. Make match days easy with Google Pay. When the last train before kickoff leaves in five,

1:31.0

tap in with your Android phone to catch it.

1:34.3

No stress.

1:35.3

And if the cue for the merch store means extra time,

1:40.7

tap to pay faster than you can say, come on England.

1:44.0

Fast, safe, simple.

...

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