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More or Less

Who are the 1% and the 99%?

More or Less

BBC

News Commentary, Science, Mathematics, News

4.63.7K Ratings

🗓️ 23 December 2011

⏱️ 31 minutes

🧾️ Download transcript

Summary

Tim Harford on income inequality in the UK, and elsewhere. He speaks to Professor Sir Tony Atkinson of Oxford University; Stewart Lansley, author of 'The Cost of Inequality'; and Professor Donald Boudreaux of George Mason University. Also, David Spiegelhalter, the Winton Professor of the Public Understanding of Risk at Cambridge University explains why he took on what could be his riskiest venture to date - appearing on BBC One's Winter Wipeout. Plus, the magic of maths with magician and Stanford maths professor Persi Diaconis.

Transcript

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0:00.0

Just before this BBC podcast gets underway, here's something you may not know.

0:04.7

My name's Linda Davies and I Commission Podcasts for BBC Sounds.

0:08.5

As you'd expect, at the BBC we make podcasts of the very highest quality featuring the most knowledgeable experts and genuinely engaging voices.

0:18.0

What you may not know is that the BBC makes podcasts about all kinds of things like pop stars,

0:24.6

poltergeist, cricket, and conspiracy theories and that's just a few examples.

0:29.7

If you'd like to discover something a little bit unexpected, find your next podcast over at BBC Sounds.

0:36.0

You're listening to a more or less podcast from the BBC.

0:40.0

For more information about the programme, please guide to the website BBC.co.uk.

0:45.0

. . . . . . . . .

0:48.0

Hello and welcome to more or less, your weekly guide to the numbers in the news and in life. We're about 50% festive

0:56.2

this week as we interview a professor of the statistics of risk about what could be his

1:01.1

riskiest venture to date,

1:02.8

an outing on prime time television.

1:05.2

Yes, yes, uh-oh.

1:08.0

We'll present a special guest appearance from a gifted mathematician, not a household name, but one hugely admired by famous magicians such as this one.

1:20.0

He's a secret legend that every profession has them.

1:24.4

Paul Daniels, who apparently is a loyal more or less listener.

1:28.8

We'll also be dealing with the serious economic and statistical issues of the day.

1:34.8

My name is Paul Carroll and I have a question.

1:41.2

Would you please explain as precisely as you can who are the 1% and who are the other 99%?

1:52.0

From the camp outside St Paul's Cathedral in London

1:55.0

to Zuccotti Park in Manhattan

...

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