Voternomics

Episode 21: What Are Your Odds of Becoming a Millionaire?

Who wants to be a millionaire? Most people we know, at least. But individuals' odds of accumulating that much wealth diverge wildly as race, age and education are factored in, according to an exclusive dataset created by the Federal Reserve Bank of St. Louis for Bloomberg News. Researchers William Emmons and Bryan Noeth join Aki and Tori to discuss the way these three traits shape financial success, and how the deck is clearly stacked against some Americans.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

This famously is the year of elections. So the Stephanomics feed has been taken over by our bonus series, Voternomics. It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. Hosted by Stephanie Flanders, head of Bloomberg Economics and former  BBC economics editor, former government advisor Allegra Stratton and Opinion columnist and author Adrian Wooldridge.