Hosted by Kai Ryssdal, our flagship program is all about providing context on the economic news of the day. Through stories, conversations and newsworthy numbers, we help listeners understand the economic world around them.
The U.S. has averaged a recession every seven years since its founding. Australia, on the other hand, hasn’t experienced one in more than 25 years. So what gives? Today, we dig into the rules and chance governing the business cycle. Plus: What one city stands to lose when a GM plant shuts down, how negative interest rates work and President Trump’s relationship with new U.K. Prime Minister Boris Johnson.