Bernie Sanders says a vast amount of wealth - $50 trillion - has moved from 90% of the population to the wealthiest Americans since the 1970s.
The figure comes from a study by Carter Price, a senior mathematician at nonprofit research institute the RAND Corporation.
Tim Harford speaks to Carter to understand how he calculated his figures and what they really mean.
If you’ve seen a number in the news you think we should take a look at, email moreorless@bbc.co.uk
Presenter: Tim Harford
Producer: Nicolas Barrett
Series producer: Tom Colls
Sound mix: Giles Aspen
Editor: Richard Vadon
Humanity’s attempts to achieve artificial superintelligence will be our downfall, according to If Anyone Builds It, Everyone Dies. That’s the new book out by AI experts Nates Soares and Eliezer Yudkowsky. And while their provocation may feel extreme in this moment when AI slop abounds and the media is hyping a bubble on the verge of bursting, Soares is so convinced of his argument that he’s calling for a complete stop to AI development.
Today on the show, Nate and Maria ask Soares how he came to this conclusion and what everyone else is missing.
For more from Nate and Maria, subscribe to their newsletters:
All of this week's episodes of It Could Happen Here put together in one large file.
- Mamdani’s Victory: Winners, Losers, and Crashouts
- A New Threat to Public Lands
- The Pro Palestine Movement Two Years After Genocide feat. Dana El Kurd
- The Mainstreaming of Nick Fuentes by the Coward Tucker Carlson
- Executive Disorder: White House Weekly #41
You can now listen to all Cool Zone Media shows, 100% ad-free through the Cooler Zone Media subscription, available exclusively on Apple Podcasts. So, open your Apple Podcasts app, search for “Cooler Zone Media” and subscribe today!
The US President has said he will begin legal action against the BBC within the next few days after receiving an apology but no financial compensation over a misleading edit in a documentary about him. Lawyers representing Donald Trump had asked for a retraction, an apology and a payout after it was revealed that his speech at a rally on 6th January 2021, the day of the Capitol riots, was edited to give the impression he'd made a direct call for violence. Meanwhile, leading Democrats have accused President Trump of trying to deflect attention from questions about his relationship with the late sex offender Jeffrey Epstein, after he announced he was asking the attorney general and FBI to investigate prominent Democrats who he claims "spent large portions of their life with Epstein, and on his island". Also: the BBC speaks to Palestinian farmers who have been attacked by Israeli settlers in the occupied West Bank; the AI company that claims its chatbot has been used by Chinese spies to hack organisations around the world; the mining giant BHP is found responsible for the collapse of the Mariana dam in Brazil ten years ago; and film tourism is a multi-million dollar global business, but is it always a good thing?
The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.
Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment.
Get in touch: globalpodcast@bbc.co.uk
Atmospheric river has begun to dump buckets of rain on parts of Southern California as residents watch out for mudslides.
College athletic director known for his appearance on a Netflix documentary has died after being shot yesterday on campus.
FAA begins pulling back on the number of flight reductions.
Last month, during the longest government shutdown in U.S. history, Treasury Secretary Scott Bessent announced that the United States had offered to functionally loan Argentina $20 billion. Despite the sums involved, this bailout required no authorization from Congress, because of the loan’s source: an obscure pool of money called the Exchange Stabilization Fund. The ESF is essentially the Treasury Department’s private slush fund.
Its history goes all the way back to the Great Depression. But, in the 90 years since its creation, it has only been used one time at this scale to bailout an emerging economy: Mexico, in 1995. That case study contains some helpful lessons that can be used to make sense of Bessent’s recent move. Will this new credit line to Argentina work out as well as it did the last time we tried it? Or will Argentina’s economic troubles hamstring the Exchange Stabilization Fund forever?
This episode was hosted by Keith Romer and Erika Beras. It was produced by Luis Gallo. It was edited by Eric Mennel and fact checked by Sierra Juarez. It was engineered by Cena Loffredo. Alex Goldmark is Planet Money’s executive producer.
Russia fired a large-scale barrage of drones and missiles at Ukraine early Friday, damaging apartment buildings in Kyiv, Odesa and Kharkiv. It comes as Russia has been making incremental gains on the ground in recent weeks, and the diplomatic path for ending the war is nowhere in sight. Amna Nawaz discussed more with retired Col. Robert Hamilton of the Delphi Global Research Center. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
For decades, David Kelley has helped people unlock their creativity. A pioneer of design, he founded the Stanford d.school as a place for creative, cross-disciplinary problem solving. He reflects on the journey that shaped his belief that everyone has the capacity to be creative and his Brief But Spectacular take on creativity and design. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
"The American Revolution," the latest work from filmmaker Ken Burns, begins this Sunday on PBS. The six-part, 12-hour history of the war of independence from Britain and the beginnings of the American experiment in democracy comes at a moment of deep divisions. Jeffrey Brown has our look for our series Art in Action, exploring the intersection of art and democracy as part of our CANVAS coverage. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
The latest in President Donald Trump’s trade war waffling? Tariff exemptions aimed at lowering Americans’ grocery bills. Affected products could include supermarket staples, like coffee and bananas from Ecuador, Argentina, El Salvador and Guatemala. In this episode, how long it could take for shoppers and businesses to see lower prices. Plus: Work permit rollbacks fuel a janitorial workforce crunch in Texas, moviegoers shell out for IMAX screenings, and we check in with a Pennsylvania customs broker.
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