Warren Buffett has announced he is stepping down as CEO of his company, Berkshire Hathaway. Buffett is one of the richest people in the world, and is widely held up as the greatest investor who ever lived. He’s also been remarkably critical of other masters of the financial universe. Tim Harford talks to Financial Times journalist Robin Wigglesworth, author of the book Trillions, about Buffett’s money making method, and how he used a massive bet to make a point about hedge funds. Presenter: Tim ...
An interruption to your regular podcast feed: the first episode of a new BBC Radio 4 series investigating the steep rise in autism diagnoses. The Autism Curve looks into the data that has prompted arguments - and conspiracy theories - about what’s behind the rapid rise. It goes on to explore changes in what autism is, who gets to define it, and whose experience counts. In this first episode, Ginny Russell discusses her 20-year study that showed an astonishing eightfold rise in new autism diagnos...
On the 29th April US President Donald Trump took to the stage in Michigan to celebrate his first 100 days in office. This is a milestone in American politics, but is everything he claims the administration has achieved true? The BBC’s US National Digital Reporter Mike Wendling joins us to fact-check President Trump’s claims on immigration, the stock market, fentanyl and….eggs. Presenter: Lizzy McNeill Producer: Tom Colls Production Coordinator: Brenda Brown Sound mix: Jack Morris Editor: Richard...
Netflix’s psychological drama Adolescence has started a debate about teenage boys and misogyny in modern society. It tells the story of a seemingly normal young boy, Jamie, who is arrested after the brutal murder of a girl in his class. The series focuses on how young men are being radicalised against women by various podcasts, blogs and forums that make up the anti-feminist movement, the so-called ‘manosphere’. These podcasts often give men tips about how to be an ‘alpha’ male and promote the i...
Here are More or Less we’ll all about the facts. Every day we use a toolkit of known proofs to try and answer our listeners’ questions. But who do we have to thank for this toolkit and how did they set about proving the unknown? Luckily for us mathematician Adam Kucharski has just written a book about this very topic called ‘Proof: The Uncertain Science of Certainty’. Join us to hear more about some of the proof pioneers included in his book, from estimating the number of German tanks during WW2...
What is the cash value of a human life? That’s the question at the heart of The Price of Life, a book by journalist Jenny Kleeman. It turns out that there’s not just one price, there are many - depending on exactly how that life is being created, traded or destroyed. Tim Harford talks to Jenny about what she discovered. Presenter: Tim Harford Producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Neil Churchill Editor: Richard Vadon
What is the error in the calculation Donald Trump used to work out his new tariffs? What happened when the government ordered a recount of bobbies on the beat? When is a tax freeze not a tax freeze? And do redheads really have a 25% higher tolerance to pain? Tim Harford investigates some of the numbers in the news. This episode was originally broadcast on the 9th April. Presenter: Tim Harford Reporter: Charlotte McDonald Producers: Nathan Gower and Lizzy McNeill Series producer: Tom Colls Produc...
US President Donald Trump has announced sweeping tariffs on global trade, adding taxes of as much as 50% to imports from some countries. The tariffs, he says, are “reciprocal” – calculated to address currency manipulation and trade barriers that other countries place on the US. However, when you look at how the new tariffs were actually calculated, that claim does not add up. Tim Harford speaks to Thomas Sampson, an associate professor at the London School of Economics, to understand what is goi...
Donald Trump is raising tariffs on Canada, but has his northern neighbour done anything to deserve them? In her Spring Statement, Chancellor Rachel Reeves announced that the UK’s fiscal “headroom” was, again, £9.9bn. We explore this curious coincidence. Is it true that one in four people in the UK is disabled? And what does that mean for the state of our workforce? Tim Harford investigates some of the numbers in the news. Presenter: Tim Harford Reporter: Lizzy McNeill Producer: Nathan Gower Seri...
Neighbours, everybody needs good neighbours, and since the end of the Second World War that’s exactly what the US and Canada have been. They’ve enjoyed free trade agreements, close knit economic ties - and not so friendly ice hockey matches. But recently this relationship has soured, with President Trump calling them “one of the nastiest countries to deal with”. It looks like the era of mostly free trade is over, with a raft of tariffs set to come into force on April the 2nd, or “liberation day”...
Some Labour politicians have been calling for a wealth tax, claiming a 2% tax could raise £24bn. Where are the numbers from and do they add up? A listener asked why housing in the UK is the oldest in Europe. We explain what’s going on. The Office for National Statistics has changed how it measures the value of pensions and knocked £2 trillion off its estimates of wealth. Not everyone thinks it was a good change. We find out why. And Lent is here, but how long is the Christian fasting period? We ...
On 27 December 2024, astronomers spotted an asteroid that was potentially heading towards earth. Named 2024 YR4, it was estimated to be between 40m and 90m across, with the potential to cause massive damage if it hit a populated area of the planet. The chances of that happening, however, seemed to fluctuate significantly - ranging from 1% to a peak of 3%, before falling to virtually zero. Tim Harford investigates what was going on, with the help of Davide Farnocchia, a navigation engineer at NAS...
More working age people are claiming disability benefits. What's driving the trend? Is it true that the UK imprisons more people for their social media posts than Russia does? One of the country’s most important data sources has been falling apart. We find out why. Tim Harford investigates some of the numbers in the news. Presenter: Tim Harford Reporter: Lizzy McNeill Producer: Nathan Gower Series producers: Charlotte McDonald and Tom Colls Production co-ordinator: Brenda Brown Sound mix: James ...
In March 2020, the covid pandemic forced the UK into lockdown. Schools closed, universities went online and the economy shut down. It slowly became clear that young people were not falling victim to the virus in significant numbers - they made up a fraction of a percent of the overall death toll. But their lives were radically changed - most spending these formative ages stuck at home as the pandemic raged. Politicians and academics worried about the long term impact this would have on their cha...
You may have seen a map circulated on social media that claims to show the average IQ of different nations. If you look closely these numbers vary dramatically, with incredibly low scores in developing countries, including many in Africa. Unsurprisingly the map is often used as a way to bolster arguments about racial or national superiority. However, when you look at the data behind the claims the whole thing falls apart. We dive into the methods behind the map and ask whether it’s even possible...
It’s been 12 weeks since President Trump announced the formation of DOGE, the so-called department of Government efficiency. We fact-check various claims connected with the drive to route out inefficiency. Listeners asked us to investigate the claim that 1 in 12 Londoners is an illegal immigrant. We look into the claim that imported New Zealand apples have a smaller carbon footprint than British grown apples. Plus - did VAT on private schools really boost the rate of inflation, or was that just ...
As part of the fast-moving argument over US military support to Ukraine, the US demanded $500bn worth of access to what was variously reported as Ukraine’s rare earths or rare metals or rare minerals. But is there that amount of minerals in the ground? Presenter: Tim Harford Producer and Editor: Richard Vadon Studio Manager: James Beard Production Co-ordinator: Brenda Brown
Has the US really sent Ukraine $350 billion for its war effort? Is a $500billion cut of Ukraine’s rare earth minerals a good deal? How will the UK fund the governments ambitions to raise defence spending to 3%? But most important of all - how many muscles are in an elephant’s trunk? Presenter: Tim Harford Series Producer: Charlotte McDonald Reporter: Lizzy McNeill Producers: Nathan Gower and Josh McMinn Sound Mix: James Beard Editor: Richard Vadon Production Co-Ordinator: Brenda Brown...
As negotiations to end the Ukraine war rumble on, Donald Trump seems equally interested in talking about the past, repeatedly claiming that the US has given much more aid to Ukraine than Europe has, and that Europe’s aid took the form of a loan that they’ll be getting back. Emmanuel Macron has publicly contradicted the US President - so who’s correct? Nathan Gower speaks to Taro Nishikawa, project lead at the Kiel Institute’s Ukraine Support Tracker to get the true picture. Presenter / Producer:...
Last week Elon Musk revealed that he had been through the Social Security Agencies database and found millions of people aged over 100. The vast majority of these people are dead, but their accounts and social security numbers remain live. Elon claimed that he had uncovered ‘the biggest fraud ever’ prompting some news outlets to speculate that billions of dollars might be being paid to these dead people every month. But is it true? We look at whether this is new information and what the data act...
On the 25th January, the US Press Secretary announced that in their bid to stop ‘fraud’ and waste DOGE had cancelled $50 million worth of condoms being sent to Gaza by the United States Agency for International Development (aka USAID). President Trump later repeated this claim, adding on that Hamas were using said condoms to make bombs to fire at Israel. On the 7th of February the USAID website was taken down. We fact check this claim and find out how much of the US budget was spent on USAID pro...
Babies born in the US to Black Hispanic or African American mothers are more likely to die than any other ethnic group in America. That is a fact. But the reason why this happens is unclear. In 2020 a study came out that claimed that black babies attended by white doctors after birth were twice as likely to die than white babies attended by white doctors. People jumped to the conclusion that the race of the doctor was leading to the different outcomes. But when you delve into the numbers, a very...
Google claim their latest quantum computer chip is able to process something in five minutes it would take a normal computer 10 septillion years to figure out. As this is a massive amount longer than the entire history of the known universe, that seems to suggest the chip is extremely powerful. But when you understand what’s going on, the claim doesn’t seem quite so impressive. Dr Peter Leek, a quantum computer scientist from Oxford University, explains the key context. Presenter: Charlotte McDo...
Just before being inaugurated as US president for the second time, Donald Trump launched something called a “meme-coin”. This is a bespoke cryptocurrency token featuring a picture of Donald Trump. A billion of them may eventually be created. Newspaper headlines claimed that the Trump meme-coin had made the president billions of dollars wealthier. But it is far from clear that this is the case. Presenter: Charlotte McDonald Producer: Lizzy McNeill Series producer: Tom Colls Production co-ordinato...
What has the colour of your hair got to do with your capacity to withstand pain? We investigate the claim, which regularly circulates on social media, that natural redheads are 25% tougher than their brunette peers. Pain expert Jeff Mogil explains how it all comes down to something called MC1R. Presenter: Charlotte McDonald Producer: Lizzy McNeill Series Producer: Tom Colls Editor: Richard Vadon Production Co-ordinator: Katie Morrison
The claim that 79% of asylum seekers in Sweden go on holiday in their home country has been repeated regularly on social media. It’s used to argue that recent refugees are being disingenuous about the danger they face in the country they have fled from. But when you look at the survey the claim is based on, you see the stat in a very different way. We speak to Hjalmar Strid, who ran the survey for polling company Novus, and Tino Sanandaji from Bulletin, the online news site which published it. P...
We asked and you responded, this edition of ‘numbers of the year’ are from you. our loyal listeners. We scoured the inboxes to find three fascinating numbers that say something about the world we live in now and put them to our experts. Tune if you want to hear about rising global temperatures, what Taylor Swift has in common with 65 years olds and facts about fax (machines). Contributors: Amanda Maycock, University of Leeds Jennifer Dowd, University of Oxford Presenter: Charlotte McDonald Repor...
It’s that time of year again, the time when we ask some of our favourite statistically-inclined people for their numbers of the year. We present them to you - from falling birth rates in India to children saved by vaccines. Contributors: RukminiS, Data for India Professor Sir David Spiegelhalter, Cambridge University, Hannah Ritchie, Our World in Data. Presenter: Charlotte McDonald Producers: Lizzy McNeill and Vicky Baker Series Producer: Tom Colls Editor: Richard Vadon Sound Engineer: Donald Mc...
“Say what you like about Mussolini but he did make the trains run on time.” This phrase is the political equivalent of “every cloud has a silver lining” – but does it have any factual basis? Mussolini’s dictatorship in Italy was full of atrocities, brutal suppression and propaganda. Did it also create a more efficient railway network? We speak to Professor Ruth Ben-Ghiat about the truth of the claim and why the Mussolini regime wanted us to believe it. Presenter: Lizzy McNeill Producer: Lizzy Mc...
This episode of More or Less: Behind the Stats examines the popular statistic that 60% of Americans live paycheck to paycheck, questioning its validity and exploring its origins. The discussion reveals how the statistic is often misinterpreted and misused, encompassing a wide range of financial situations from those struggling to pay bills to high-income earners with lifestyle expenses. The episode also explores alternative data sources for a more accurate reflection of American economic well-being.
