More or Less: Behind the Stats - Is it true that out-of-work benefits have almost doubled?

Tim Harford investigates some of the numbers in the news. This week:

Nigel Farage says 6.5 million people are on out-of-work benefits – with some benefits up 80% since 2018. Are those numbers right?

Do French pensioners really earn more than their working-age compatriots?

How is it possible for one kilogram of fish food to produce one kilogram of salmon?

And do we really have five senses?

If you’ve seen a number you think we should take a look at, email the team: moreorless@bbc.co.uk

Presenter: Tim Harford Reporter: Lizzy McNeill Producer: Nicholas Barrett Series producer: Tom Colls Production co-ordinator: Maria Ogundele Sound mix: Neil Churchill Editor: Richard Vadon

The Indicator from Planet Money - The crypto market is hot. But is it an illusion?

There has been an inordinate amount of trading activity recently in the crypto markets. But what if much of that activity was an illusion? A smokescreen? A fraud? Today on the show, we look at the practice of wash trading, and how it’s evolved in the crypto world. 

Related episodes: 
The fake market in crypto 

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter

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The Indicator from Planet Money - Why the Federal Reserve wants to avoid an aggressive rate cut

The Federal Reserve is expected to make a modest cut to interest rates this week of about a quarter or half a percentage point. President Trump, however, believes they should take a far more aggressive approach: a 3-percentage point cut. 

Today on the show, we examine what a 3-percentage point cut would actually look like, and why that outcome would likely backfire on the president. Related episodes: 

It's hard out there for a Fed chair 

Should presidents have more of a say in interest rates? 

Can the Federal Reserve stay independent? 

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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The Indicator from Planet Money - Why beef prices are so high

Beef is getting more expensive, and it doesn’t look as though that’s going to change any time soon. That’s the view of the Federal Reserve Bank of Dallas, which wrote in its Beige Book entry this month that the trend of rising beef prices continues. There’s solid demand for beef, but falling supply, as production decreases. Ranchers are making more per cow, but their costs are rising. We speak with a rancher in Wyoming to learn what high beef prices mean for him and other ranchers. 

Related episodes: 
What happened to US farmers during the last trade war 
How USAID cuts hurt American farmers 

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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