The Financial Flipside Podcast, Episode 30B: Resignation-gate, part 2
The Financial Flipside Podcast
Photo via on Pexels Although , the Great Resignation is still going strong: as of the beginning of June 2022, Americans , and data from the a global survey by Price Waterhouse Coopers found that up to . Further, the Great Resignation is , which have long been believed to be more stable (however far that belief is from the reality of most of the sector’s workers). With all that in mind, we are back with the second half of our Great Resignation episode. This time around we’re talking about factors that influence quitting, lying flat, labor costs, worker-management relations,...
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The Financial Flipside Podcast Episode 30
The Financial Flipside Podcast
Odds are, you know someone who has moved on from their job recently, whether a co-worker, family member, or friend. Maybe you’ve made a similar transition yourself. If so, you may be part of the Great Resignation, a socio-cultural phenomenon that is baffling researchers and reporters, and which is causing no small degree of anxiety among employers. As we explore in this episode, the reasons that people are leaving their jobs are complex and really get to the heart of why we work in the first place. Also in this episode: life updates, an inside view of what happens when accountants fire...
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The Financial Flipside Podcast Episode 29
The Financial Flipside Podcast
This episode, we’re talking about the tax gap, that is the yawning void between how much tax is owed and how much tax gets paid to the IRS. Where does the tax gap come from (hint: not always where you think)? Why are some people so reluctant to pay their fair share, despite having more than enough money to do so? We also take a detour into dynastic wealth, moral millionaires, and what money does to our brains.
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The Financial Flipside Podcast Episode 28
The Financial Flipside Podcast
Infrastructure touches every aspect of our lives, from the roads we drive on to the water we drink to the electricity powering the laptop I’m using to type these show notes. If part of our country’s (or city’s or state’s) infrastructure falls apart, we often end up paying for it in ways both big and small. Infrastructure projects are also really expensive, making them sites of debate about who pays and what's worth paying for.
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The Financial Flipside Podcast Episode 27
The Financial Flipside Podcast
On this episode of the podcast, we’re talking about scarcity, both the economic concept and how it plays out in our daily lives. Along the way, we’ll discuss sneaker drops, free markets, living wages, human nature, and moments when instinct takes over. We also dedicate our Flipping the News segment to examining the financial aftermath of the January 6 insurrection at the US Capitol.
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The Financial Flipside Podcast Episode 26
The Financial Flipside Podcast
A quick note: This episode was recorded on October 31, 2020, before Election Day or any of the subsequent events surrounding the results or the transition process.
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The Financial Flipside Podcast Episode 25
The Financial Flipside Podcast
Your hosts take look at the history of reparations in the US, examine some of the past and present barriers to reparations for slavery, and discuss what a national reparations program might look like in our current moment.
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The Financial Flipside Podcast Episode 24
The Financial Flipside Podcast
We’re back, and we’ve come bearing gifts in the form of retooled format (including a new segment!). Join us as we recap a weird tax season, take a look at the storylines that emerged after the Treasury Department finally released data about who received PPP loans, and wrap up our discussion of economic indicators with a deep dive into the stock market.
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The Financial Flipside Podcast Episode 23
The Financial Flipside Podcast
Though it may be hard to believe, the US economy isn't officially in a recession. In this episode we talk about why that is, what economic indicators tell us about the economy, and what they sometimes leave out. Plus, we discuss some tips for weathering an economic downturn, recession declaration or no.
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The Financial Flipside Podcast Episode 22
The Financial Flipside Podcast
After some time off, a move (L), and a partial pivot to video (J), the Financial Flipside Podcast is back! For our first episode of 2020, we thought it would be a good idea to talk about a goal that heads up so many of our lists of New Year’s resolutions: getting organized. Specifically, we’re talking about business systems, those combinations of processes, workflows, and tools that we use to do everything from monitoring cash flow to training employees to literally keeping the lights on.
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Photo by Lisa Fotios from Pexels
Scarcity was with us long before images of empty store shelves and news stories offering explanations for the absence of yeast or Lysol or Mason jars. In fact, the idea of scarcity has been baked into economics and society to such a degree and for so long (at least in the US; your mileage may vary--L) that we think of everything from toilet paper to money to political power as finite resources to be acquired and closely guarded.
On this episode of the Financial Flipside Podcast, we’re talking about scarcity, both the economic concept and how it plays out in our daily lives. Along the way, we’ll discuss sneaker drops, free markets, living wages, human nature, and moments when instinct takes over. We also dedicate our Flipping the News segment to examining the financial aftermath of the January 6 insurrection at the US Capitol.
As always, we want to hear from you: how have your shopping habits changed over the past year? How about your idea of what it means to have enough? Join the conversation in the pinned post on our Facebook page or by replying to our pinned tweet (@financeflipside). Let us know if you’d be comfortable with our reading your comments on our next episode (we won’t use your name unless you indicate that it’s okay to do so).
Mentioned on the show:
Flipping the News
The Guardian investigates The Club for Growth, billionaire Republican lobbying group that has taken a turn into funding challenges to the 2020 presidential election.
Also from the Guardian: My Pillow meets martial law.
From Bloomberg: Citibank, Goldman Sachs, and JP Morgan pause their political spending in the wake of the attempted coup at the Capitol.
From Axios: Facebook takes a quarter-long break from political donations as well.
The Main Event
The IMF explains supply and demand.
From Investopedia: Understanding the scarcity principle.
From Marketwatch.com: Examining pandemic-induced gaps in the supply chain.
This article from Medium’s Marker blog explains what most reporting gets wrong about the toilet paper shortage.
From the New Republic: Rotten Vegetables, Empty Luxury Apartments, and Fake Scarcity
Also from Marker: The Pandemic Has Turned Us All Into Hoarders
From The Washington Post: Data spanning 50 years and 15 countries shows that supply side (or “trickle down”) economics benefit the wealthy, but don’t do much for the economy as a whole.
Bonus:
How mutual aid has stepped into the gaps left by stimulus payments. (Truthout)
Post-Scarcity Economics (LA Review of Books)
Consumer Culture: A Brief History (Quartz)
This is about personal financial planning, but is worth considering on a larger scale: The #1 New Year’s Resolution To Try For 2021: Determine Your Enough (Forbes)