23 Dec 2025
21m

Growing pains: a recession in recessions

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Economist Podcasts

The Intelligence podcast episode covers three distinct topics: the potential benefits and risks of economic recessions, the reliability and utility of online reviews, and the behind-the-scenes look at turkey farming for Christmas. The first segment explores the economic concept of "creative destruction" during recessions, questioning whether government interventions to avoid recessions may lead to financial instability and misallocation of resources. The second segment analyzes the trustworthiness of online reviews, highlighting issues such as subjectivity and self-selection bias, while offering tips on how to identify more reliable reviewers. Finally, the episode takes listeners to a poultry farm to understand the process and challenges of raising turkeys for the holiday season, emphasizing the hard work and risks involved in the industry.

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