Some believe a deeper pool of common debt would allow the European Union to tackle some of its biggest problems, attracting more investment, reducing the cost of financing, and helping the EU achieve greater strategic autonomy. One such believer: Carlos Cuerpo, Spain’s economy, trade and business minister. In this episode, Soumaya asks him how a common EU safe asset would work, whether money (not politics) is the EU’s issue, and what the bloc could learn from Spain’s economic bounceback.

Related links

Europe’s best bet for financial sovereignty is a true safe asset

Europe is not thinking straight on competitiveness

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Read a transcript of this episode on FT.com

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Shortly after the US Supreme Court ruled Donald Trump’s tariffs were illegal, he hit back. The president vowed to impose a 10% levy on US imports through different means. He raised those duties to 15% the following day. These tariffs – imposed under the Trade Act of 1974, rather than the International Emergency Economic Powers Act (IEEPA) – are only temporary. But Trump has a range of tariff tools at his disposal. How will he use them? Which of his trading partners will be worse off from these new policy changes? And will US companies that have already paid tariffs get their money back? To discuss all this and more, Soumaya is joined by former US trade representative, and president of the Council on Foreign Relations, Michael Froman.

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Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Original music from Breen Turner, and sound design by Sean McGarrity

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When Richard Thaler and Cass Sunstein released their book ‘Nudge’ in 2008, it caught the public imagination. ‘Nudge theory’ – the idea that people could be encouraged to make better choices through small, subtle interventions – was innovative, and exciting. A decade and a half later, a whole lot of nudging seems to have come to a whole lot of nothing. Why wasn’t ‘nudge theory’ more help in tackling climate change, or helping people enroll in pensions? And, even if it hasn’t saved the world, does behavioural science still have a role in policymaking? Former member of the UK’s Behavioural Insights Team and professor of behavioural science, Nick Chater, reflects on the legacy of nudges.

Related Links

Can we ‘nudge’ our way to higher growth?

The uses — and the limits — of ‘nudge’ economics

What nudge theory got wrong

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Read a transcript of this episode on FT.com

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