25 Nov 2025
22m

Wage against the machine: the distortions of minimum pay

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Economist Podcasts

"The Intelligence" from The Economist offers a fresh perspective on global events. The podcast explores the rising minimum wage and its hidden costs, questioning whether it's the best approach to combat income inequality, and also examines how AI is changing the job application process, particularly cover letters, and its potential impact on hiring and wages. Finally, the episode investigates a radical education experiment in Florida, where parents are given funds to homeschool their children, leading to a rise in micro schools and co-ops, while also raising concerns about educational outcomes.

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