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It’s getting pricier to pay for pensioners
Feb 6, 2020

It’s getting pricier to pay for pensioners

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China is cutting tariffs on U.S. goods. The cost of pensions is going up in California. We look at what caused the economic explosion of the 19th century. Hint: it wasn't capitalism.

Segments From this episode

California communities see increases in pension costs

by Mitchell Hartman
Feb 6, 2020
For every dollar the state's public agencies pay in wages this year, those employers will have to fork over 25 cents on average to CalPERS to cover retiree benefits.
Max Whittaker/Getty Images
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Econ Extra Credit with David Brancaccio

The three C's of historical economic growth

by Candace Manriquez Wrenn and David Brancaccio
Feb 6, 2020
The economic boom of the 19th century cannot be attributed to capitalism alone, according to professor Homa Zarghamee.
A Newcastle coal wagon of 1773 on a railway line from "A Picture History of Railways" by C. Hamilton Ellis.
Hulton Archive/Getty Images
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Music from the episode

Dani California Red Hot Chili Peppers

The team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director

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