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.
Stories From this episode
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.
Econ Extra Credit with David Brancaccio
The economic boom of the 19th century cannot be attributed to capitalism alone, according to professor Homa Zarghamee.
David Brancaccio Host
Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Director
Brian Allison Engineer
Miguel Contreras Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Michael Lipkin Producer
Erika Soderstrom Fellow