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Democracy is critical to prosperity, Treasury secretary says 
May 9, 2024

Democracy is critical to prosperity, Treasury secretary says 

Janet Yellen says democracies are better at helping people get ahead than authoritarian systems. Plus, concerns about China's overcapacity in manufacturing.

Segments From this episode

Inflation is "not yet where it needs to be," Treasury Secretary Yellen says

May 9, 2024
Janet Yellen addresses the state of the U.S. economy and underscores the country's rivalry and collaboration with China in an interview.
"I think it's important for Americans to understand how critical democracy is to economic performance," Treasury Secretary Janet Yellen says. Above, Yellen testifies at a House Ways and Means committee hearing on April 30.
Saul Loeb/AFP via Getty Images

One of China's hottest toys sold millions. The inventor made $830.

May 9, 2024
A person who comes up with a good idea might not always reap the rewards in China's manufacturing ecosystem.
It's hard to spot which carrot knives are originals and which ones are copies.
Charles Zhang/Marketplace

Music from the episode

Coffin Nails MF DOOM
The World Is Yours Will Sessions
Sticky July Butcher Brown

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Sofia Terenzio Assistant Producer
Jordan Mangi Assistant Digital Producer