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In the wake of a Venezuela raid, Trump Administration officials openly discuss expanding their focus to countries like Colombia and Greenland. The case against a Uvalde police officer goes to trial. And one year after the Los Angeles fires, communities are watching lots sold off to corporate bidders.
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986. This week, Laura reviews steps for achieving realistic New Year’s goals that can boost your confidence and financial security.
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What kind of state does the UK find itself in as we start 2026? That’s the question Tim Harford and the More or Less team is trying to answer in a series of five special programmes.
In the third episode, we’re searching for answers to these questions:
Are there really 700,000 empty homes that could be used to solve the housing crisis?
Does the NHS pay less for drugs than health services in other countries?
Is violent crime going up or down?
Is the UK in the midst of a fertility crisis?
Get in touch if you’ve seen a number in the news you think we should take a look at: moreorless@bbc.co.uk
Contributors:
Dr Huseyin Naci, Associate Professor and Director the Pharmaceutical Policy Lab at the London School of Economics Professor Jennifer Dowd, deputy director of the Leverhulme Centre for Demographic Science at the University of Oxford
Credits:
Presenter: Tim Harford Reporters: Lizzy McNeill and Nathan Gower Producers: Katie Solleveld and Charlotte McDonald Series producer: Tom Colls Production co-ordinator: Maria Ogundele Sound mix: Sarah Hockley and James Beard Editor: Richard Vadon
It’s been a strange 12 months for Trump. He won the 2024 election on a wave of economic discontent, and responded by blowing up a wing of the White House, decimating foreign aid, and attempting to deport undocumented immigrants and political dissidents alike, before deciding that what his second term really needed was military adventurism in South America. But since last summer, his poll numbers have declined and Democrats have been notching electoral victories in states like Florida, New York, Georgia and Arizona. Some Republicans in Congress are hitting the exits. And others are starting to talk about life after Trump. But is his power and influence really declining? To find out, we spoke to Jamelle Bouie. He’s a New York Times opinion columnist who writes about politics and American history.
And in headlines, the Trump administration plans to freeze $10 billion in child care and social services funding fo five blue states, the President sets his sights on Greenland, and Secretary of Homeland Security Kristi Noem tells Venezuelans in the US “Everything’s fixed! You can go home now!” It… isn’t.
Show Notes:
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On this episode of the Hayek Program Podcast, Mario Small delivers a keynote lecture at the 2024 Markets & Society conference on financial institutions and racial inequality—using payday lenders as a lens to understand how place and institutional context shape economic life.
Small begins with a deceptively simple question: how often is it easier to reach a payday lender than a traditional bank—and does that vary by neighborhood racial composition? He shows that racial gaps in access and attitudes persist even after accounting for socioeconomic differences, and argues that proximity, convenience, and institutional experience help shape preferences, even as most Americans hold negative views of payday lenders.
Together, these insights offer a nuanced account of how neighborhood context and institutional behavior interact to reproduce inequality, challenging simple explanations rooted in individual choice and highlighting the importance of lived experience in economic decision-making.
Dr. Mario L. Small is Quetelet Professor of Social Science at Columbia University. A University of Bremen Excellence Chair, and an elected member of the National Academy of Sciences, the American Academy of Arts and Sciences, the American Academy of Political and Social Sciences, and the Sociological Research Association, Small has published award-winning articles and books on urban inequality, personal networks, and the relationship between qualitative and quantitative methods. His books include Villa Victoria: The Transformation of Social Capital in a Boston Barrio, Unanticipated Gains: Origins of Network Inequality in Everyday Life -- both of which received the C. Wright Mills Award for Best Book -- and Someone To Talk To: How Networks Matter in Practice, which received the James Coleman Best Book Award among other honors.
**This episode was recorded October 12, 2024.
If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.
Check out our other podcast from the Hayek Program! Virtual Sentiments is a podcast in which political theorist Kristen Collins interviews scholars and practitioners grappling with pressing problems in political economy with an eye to the past. Subscribe today!
Follow the Hayek Program on Twitter: @HayekProgram
How a mixture of real investigations, wild allegations, evidence of actual fraud, and the right-wing echo chamber ended Tim Walz’s governor campaign in Minnesota.
Guest: Deena Winter, Minneapolis City Hall reporter for the Star Tribune.
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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.
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Lyft won’t get left behind by robotaxis… that’s why it’s 1 of our 3 stock picks of 2026.
Japan just sold 1 single tuna fish for $3.2M… The “Tuna King” is doing Sushi Stimulus.
Lego launched “Smart Bricks”... because to fight screens, you need a screen.
Plus, 1 out of 5 Americans got a Starbucks Gift Card this year… Happy Gift Card Swiping Wednesday.
$MAT $LYFT $SBUX
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Gassy veils! Orange sunlight! Alien life? It’s the sole goddess of our solar system: Venus. And to tour us through her beauty is the charming and enthusiastic planetary geologist and Venusian expert Dr. Vickie Hansen, a Senior Scientist at the Planetary Science Institute. In what is sure to become an instant classic, Vickie will delight you with tales of space probes past and future, dazzling terrain, myths, melting machinery, “noodle data,” analogues to Earth, tectonic misconceptions, and reactions to self-help books that capitalize on our solar geography. Also: what does Venus smell like?
Donations went to the Planetary Science Institute and the Nature Conservancy
More episode sources and links: alieward.com/ologies/venusology
Other episodes you may enjoy: Heliology (THE SUN/ECLIPSES), Areology (MARS), Astrobiology (ALIENS), Cosmology (THE UNIVERSE), Selenology (THE MOON), Mythology (STORYTELLING), Astrobromatology (SPACE FOOD), Black Hole Theory Cosmology (WHAT ARE BLACK HOLES?!), Scotohylology (DARK MATTER), UFOlogy (UNEXPLAINED AERIAL PHENOMENA), Space Archaeology (SPACE JUNK), Quantum Ontology (WHAT IS REAL?)
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