Stephanomics

Editor Katherine Griffiths and reporter Ben Stupples join hosts Francine Lacqua and Allegra Stratton to discuss the growing number of the UK's ultra-wealthy people considering an exit, what's driving them away and why the government should care.

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US Vice President Kamala Harris put Donald Trump on the defensive in their first and maybe only debate, baiting him about attendance at his campaign rallies and his 2020 election defeat. The former president took credit for ending federal abortion rights, declined to commit to vetoing legislation limiting reproductive freedoms or say if he wanted Ukraine to defeat Russia. Harris meanwhile focused on her economic agenda.

Bloomberg Opinion Senior Executive Editor Tim O'Brien joins Voternomics hosts Stephanie Flanders, Allegra Stratton and Adrian Wooldridge as they react to the candidates' performances, unpick their policy positions and discuss whether the debate itself will move the needle for voters.

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On this special episode of Voternomics, we discuss whether moods are shifting around US Vice President Kamala Harris and UK Prime Minister Keir Starmer.

Hosts Stephanie Flanders, Adrian Wooldridge and Allegra Stratton discuss with special guests Bloomberg Editor in Chief John Micklethwait and Senior Executive Editor of Bloomberg Opinion Tim O'Brien. The episode was recorded in front of an audience as part of an event co-hosted by Pi Capital. 

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Voternomics fans, here's another podcast you might enjoy: In the City. 

It's hosted by Allegra, with Bloomberg TV's Francine Lacqua and head of media David Merrit and this week's episode looks at how an increasing number of US billionaires and multimillionaires relocating to the UK is changing the luxury landscape. Bloomberg housing reporter Damian Shepherd joins. 

Read more on the story here: https://www.bloomberg.com/news/articles/2024-08-23/london-luxury-property-market-eyes-americans-for-rebound

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Former Trade Representative and Council on Foreign Relations President Michael Froman discusses what the world can expect from Kamala Harris or Donald Trump, and how Harris is breaking from Joe Biden. Hosted by Stephanie Flanders and Adrian Wooldridge. 

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The positive vibes are flowing at the Democratic National Convention, but what about policy proposals? On this special episode of Voternomics, Bloomberg Senior Executive Editor for Economics Stephanie Flanders heads to Chicago to find out how—if at all—a Kamala Harris presidency would alter the US government’s approach to the economy.

Flanders spoke with economist Heather Boushey, a member of President Joe Biden’s Council of Economic Advisors who has previously served as president and chief executive of the Washington Center for Equitable Growth. “What I see,” Boushey said, speaking in her personal capacity, “is the vice president putting together an agenda to make sure that the government is working to build the middle class, to make sure that prices are fair, to make sure that people have economic opportunities.”

Boushey cited price gouging, taxes and housing as three areas where Harris has discussed her economic plans. “We’ve seen challenges in insufficient housing supply. We’ve seen that it just costs too much for families,” said Boushey, adding that Harris has unveiled policies that would increase housing. She also pointed to the vice president’s statements regarding a “robust plan” to expand the child tax credit.

But how will Harris propose that Congress pay for these policies? “She is committed to making sure that we fix the tax system in the US so that it is more fair so that corporations pay their fair share,” Boushey said.

About the series: Each week, listen in as Stephanie Flanders, Bloomberg’s head of government and economics coverage, Allegra Stratton, author of Bloomberg’s The Readout newsletter and Bloomberg Opinion columnist Adrian Wooldridge help make sense of the elections that will affect markets, countries and economies like never before. 

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The rapid commercialization of space is launching the world into an “era of astropolitics,” journalist and author Tim Marshall tells host Allegra Stratton on this episode of Voternomics.

Commercial companies are driving “Space Race 2.0,” from commercial fleets of satellites a few hundred miles above Earth to NASA’s search for private companies to bring back a piece of the moon. Ultimately, Marshall says, entities are eyeing the lucrative prospect of mining extraterrestrial objects for resources needed to provide renewable energy. “As a country or a company, you cannot afford not to be part of this.” 

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Democratic powers in Europe, as well as Japan and Australia could be left out on a limb should Donald Trump win the US presidential election in November, cable news host and author Fareed Zakaria tells Adrian Wooldridge in this episode of Voternomics. He says the former president and convicted felon may opt for a policy of protectionism instead of America’s long-standing practice of internationalism—all as US political influence continues to wane.  

Zakaria, host of the CNN program GPS, contends the world is experiencing a backlash to globalization similar to one in the 1920s—as set out in his new book, Age of Revolutions, which makes Wooldridge’s summer reading list. This dynamic is made all the more stark by Trump’s transformation of the Republican Party into an anti-immigrant, trade-skeptic entity, he says. 

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A network of dictators from China to Venezuela could be the beneficiaries of a welcoming White House should Donald Trump win the US election come November. That’s according to journalist and historian Anne Applebaum, who warns that the self-proclaimed dealmaker and convicted felon’s foreign policy may be more personal and even less predictable in a second term. Applebaum joins Voternomics host Stephanie Flanders to discuss her latest book Autocracy, Inc: The Dictators Who Want to Run The World. 

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President Joe Biden announced Sunday he’s no longer seeking the Democratic Party’s nomination, saying his exit from the race was in the best interests of his party and the country. He then threw his support to his running mate, Vice President Kamala Harris. But is it as simple as that? Will Harris receive her party's nomination? Is she the best person the Democrat's have to take on Donald Trump? And does the market's mild response to the news suggest many think a Donald Trump victory is still the most likely outcome?

Hosts Stephanie Flanders and Adrian Wooldridge explore those questions. Plus, we bring you an episode from our sister show the Big Take -- Gregory Korte and Laura Davison, who cover money and politics for Bloomberg, discuss Kamala Harris’s fundraising edge and how Democratic donors are reacting to the news. 

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