It Turns Out

For decades, Americans have gravitated to the southern US - from Florida to Arizona. But that may be about to change.This change will also shuffle our finances - and create enormous winners and losers.In this eye-opening interview, ProPublica’s Abrahm Lustgarten, author of On the Move, exposes the "Great American Climate Scam" that is artificially propping up real estate values in high-risk zones like Florida and California. And he talks about how a collapse in one market could become a contagion that spreads across the country.We break down the looming insurance crisis that threatens to bankrupt entire states, why millions of Americans may soon be forced to migrate to northern "climate havens" like Cincinnati and Buffalo, and how extreme heat is widening the economic gap between the rich and the poor.If you want to understand the future of property values, the hidden financial risks of climate change, and who will be the winners and losers of the next great migration, don't miss this deep dive into the shifting US economy.Did you know you can also watch the show? Subscribe to the show on YouTube!

For the last three years, we've been making an enormous bet on AI. It's woven into our investments, our pension funds, even the stability of our economy. But, the bet hasn't paid off yet - and many aren't sure it ever will.AI expert Gary Marcus - who’s been excited about the technology for a long time - explains why society's all-in wager on large language models could be far riskier than we realize.Marcus is author of the book Taming Silicon Valley from MIT Press.MIT Sloan Management Review and Boston Consulting Group recently took a close look at how companies are using agentic AI - one of the most discussed topics in AI right now. Check it out here: sloanreview.mit.edu/ai2025Did you know you can also watch the show? Subscribe to the show on YouTube!

Over the last 40 years, many of the wealthiest Americans have effectively seceded from taxation.While regular Americans - from surgeons to bus drivers - pay large chunks (sometimes half!) of their income in taxes, lots of those with billions of dollars pay a teeny, tiny sliver of their wealth in taxes each year. And their heirs can inherit billions of dollars tax free.How have we let this happen? And why don't most people know about it? Boston College scholar Ray Madoff - author of The Second Estate - talks about what the heck is going on.Did you know you can also watch the show? Subscribe to the show on YouTube!

"It Turns Out" reveals the hidden realities reshaping our world—from how marriage impacts inequality to the way that the tax code has transformed wealth. Through conversations with experts who challenge conventional wisdom, award-winning journalist Kara Miller focuses each episode on groundbreaking research, changing how listeners see society, economics, technology, and human behavior. “It Turns Out” delves into data that directly impacts your life—whether you know it or not.