Nearly half of all U.S. consumer spending comes from the top 10% of households. Adam and Cameron explain this diverging, K-shaped economy. Also on the show: the life and legacy of Margaret Thatcher.
0:00 The K-Shaped Economy
24:29 Margaret Thatcher
Foreign Policy economics columnist Adam Tooze, a cadenasso tennis history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On FP’s hit podcast, Tooze and FP deputy editor Cameron Abadi look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us.
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