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You’ve Got IPO
This week: The company buying up legacy brands like AOL, Evernote, and Vimeo had a huge IPO with shares immediately surging by 40%. Felix Salmon, Elizabeth Spiers, and guest host Stacy-Marie Ishmael discuss the Milan-based company’s strategy and unexpected success. Then, the hosts look at how prediction markets are booming during the World Cup. And later: why Bitcoin’s plummeting price is costing Eric Trump hundreds of million of dollars.
In the Slate Plus episode: All Berries, All The Time
Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.
Podcast production by Jessamine Molli.
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Money Talks: The Economics of Repugnant Transactions
52:33|In this Money Talks: Felix Salmon is joined by Nobel Prize winning-economist Alvin Roth to discuss his new book, Moral Economics, which uses controversial topics—like prostitution and organ sales—to explore how morality shapes a market … and how we can apply economics lessons to big ethical issues.Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli.
Synergy’s Must-Watch Final Episode
54:45|Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by Reuters Media Editor Edmund Lee to revisit their 2016 predictions for the Comcast/NCBUniversal merger, now that the companies have announced their split. Then, they explore how the World Cup fits into our very American media landscape. And finally, the hosts look at Donald Trump’s latest mandatory earnings disclosure, which revealed that he’s made over a billion dollars on crypto ventures since his reelection. In the Slate Plus episode: Oh No! The Anchovies!Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli.
The Greenspanaissance
49:42|This week: Former Federal Reserve Chairman Alan Greenspan passed away at the age of 100. Today: Felix Salmon, Elizabeth Spiers, and Emily Peck examine Greenspan’s legacy and the way it’s being emulated by the Fed’s current chair, Kevin Warsh. Then, the hosts discuss succession at JPMorgan now that CEO Jamie Dimon’s latest heir apparent, Marianne Lake, has left the company. And finally they look at the latest PowerPoint from SoftBank’s Masayoshi Son and try to understand if a goose has value and if eggs can lay more eggs. In the Slate Plus episode: The New Meme Stock on the BlockWant to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.Podcast production by Jessamine Molli.
Money Talks: The Art of Trade War
36:00|In this Money Talks: Emily Peck sits down with Soumaya Keynes and Chad P. Bown, co-authors of How to Win a Trade War, to discuss how recent conflicts have changed the rules of international trade and which strategy they believe is the key to “winning” a modern trade war. Podcast production by Jessamine Molli.
Investing in SpaceX’s Future on Mars
49:01|This week: We saw just how many people are willing to invest in Elon Musk. Felix Salmon, Elizabeth Spiers, and Emily Peck, look at what makes SpaceX’s massive IPO so strange and why investors are willing to overlook things like Musk’s obsession with going to Mars. Then, they discuss Donald Trump’s deal with Iran and what the war has done to Iran’s economy. And finally, Emily unpacks the origin of tobacco-bonds and why they’re now failing.In the Slate Plus episode: What if your digital secrets got out?Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth
We Hate the Inflation
40:54|This week: Inflation hit its highest rate in three years thanks to skyrocketing energy prices. Felix Salmon, Elizabeth Spiers, and Emily Peck, parse through what the various inflation numbers mean and discuss the Fed’s and Donald Trump’s blasé reaction to the situation. Then, with the trustees warning of its depletion by 2032, the hosts talk about the possible consequences of losing Social Security. And finally, they look at the natural experiment that revealed the unexpected connection between the iPhone and lower birth rates. In the Slate Plus episode: Is Anthropic vs OpenAI the new Coke vs Pepsi?Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli.
Money Talks: 500 Years of the Dollar
38:32|In this Money Talks: Author and financial journalist Brendan Greeley tells Elizabeth Spiers about his new book The Almighty Dollar—and the astonishing power this currency held long before the founding of the United States.Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli.
The Index Fund Problemtunity
47:16|This week: Google’s parent company announced an unexpected move to raise $80 billion for their AI ventures. Felix Salmon, Elizabeth Spiers, and guest host Mary Childs– host of the new show Mary in America–discuss the logic behind Alphabet's stock-based fundraise, which includes a $10 billion share sale to Berkshire-Hathaway. Then, Mary explains why it’s getting harder for investors to avoid exposure to AI thanks to the index funds who are bending their rules for companies like SpaceX. And finally, they examine why Spain’s unemployment rate has dropped significantly and what that tells us about the relationship between immigration and the labor market. In the Slate Plus episode: Is “f— you” money a myth?Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth.