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Is an American sovereign wealth fund such a bad idea?

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Manage episode 443062920 series 2504996
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Sovereign wealth funds have been around since the 1800s, but they're having a bit of a moment right now ... The financial instrument was recently name-dropped in HBOs 'Industry' (good show!) and members of both the Biden administration and the Trump campaign have floated the idea of an American sovereign wealth fund.
That idea, for the most part, has been derided by economists. But... is an American sovereign wealth fund such a bad idea?
On today's show: What IS a sovereign wealth fund? Is a US national sovereign wealth fund a good or even viable idea?
Related Episodes:
Why oil in Guyana could be a curse
The boom and bust of esports
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
  continue reading

1685 episodes

Artwork
iconShare
 
Manage episode 443062920 series 2504996
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Sovereign wealth funds have been around since the 1800s, but they're having a bit of a moment right now ... The financial instrument was recently name-dropped in HBOs 'Industry' (good show!) and members of both the Biden administration and the Trump campaign have floated the idea of an American sovereign wealth fund.
That idea, for the most part, has been derided by economists. But... is an American sovereign wealth fund such a bad idea?
On today's show: What IS a sovereign wealth fund? Is a US national sovereign wealth fund a good or even viable idea?
Related Episodes:
Why oil in Guyana could be a curse
The boom and bust of esports
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
  continue reading

1685 episodes

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