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| People are smoking less so why are cigarette companies' profits soaring? Jason Palmer, co-host of The Intelligence podcast, and Callum Williams, our senior economics writer, discuss why the tobacco industry is thriving despite the number of American adult smokers falling by around 20m people in the past decade. 00:00 - The economics of smoking 00:13 - Less people are smoking 00:52 - Why are tobacco shares thriving? 02:31 - Will cigarettes keep getting more expensive? Listen to the full episode: https://econ.st/3LABV3i The counterintuitive economics of smoking: https://econ.st/488Y41i What nicotine does to your brain: https://econ.st/484bJH3 How harmful are electronic cigarettes?: https://econ.st/49eNgjw Sign up to our weekly newsletter: https://econ.st/3J0xzBr #economics #health #profit |
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Where are China’s missing moguls? Since the start of the year, 39 Chinese business leaders have vanished into Liuzhi—a detention system created as part of Xi Jinping’s anti-corruption crackdown. Don Weinland, our China business and finance editor and Rosie Blau, co-host of The Intelligence podcast, discuss the extent of these sinister disappearances.
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