Aug 18, 2017

08/18/2017: What an elephant can tell us about globalization

HTML EMBED:
COPY

Markets are down in Europe today, after they dropped by more than 1 percent in the U.S. We'll discuss what's contributing to the ongoing downturn. Afterwards, we'll take a look at globalization through the lens of the "elephant chart," a creation from former World Bank economist Branko Milanovic that explains who the winners and losers of this phenomenon are. 

Segments From this episode

Is globalization in decline?

Aug 18, 2017
Trade barriers may rise and fall, but it's not a case of extremes, one expert says.
Is our world getting more or less globally connected?
Dan Kitwood/Getty Images

When it comes to free speech, employers have the upper hand

Aug 18, 2017
In the week since a white supremacist rally in Charlottesville lead to deadly violence, some of the participants have been outed online and even fired from their jobs. Now, more protests and counter protests are springing up around the country. While the first amendment protects speech — including hate speech, the freedom to express your […]

Estee Lauder, meet Kylie Jenner

Aug 18, 2017
Estee Lauder announced earnings this morning. The cosmetics company beat estimates, reporting net income of $229 million, up from $94 million for the same period last year. Net sales rose 11 percent in the fourth quarter. Behind the numbers is the reality that established beauty brands like Estee are facing big challenges from beauty startups […]

08/18/2017: Globalization might be getting too much blame

Aug 18, 2017
Market players are concerned that President Trump's senior economic adviser, Gary Cohn, might resign over his disappointment with Trump's comments on the Charlottesville protests. But he's the one figure in the administration who gives Wall Street the most comfort, and he could become the next Fed Chair. On today's show, economist Christopher Low joins us to talk about the qualities someone should have to take on the most powerful economic policy position in the U.S. Afterwards, we'll chat with NYU professor Pankaj Ghemawat about whether globalization is on the decline, and if it's actually responsible for the stagnation many middle-class people are feeling.

Markets are down in Europe today, after they dropped by more than 1 percent in the U.S. We’ll discuss what’s contributing to the ongoing downturn. Afterwards, we’ll take a look at globalization through the lens of the “elephant chart,” a creation from former World Bank economist Branko Milanovic that explains who the winners and losers of this phenomenon are. 

The team

Stephen Ryan Producer, BBC