Slate Money

In Defense of Nepotism

Slate Money talks about 401(k)s, nepo babies, and the golden age of cocaine.


Episode Notes

This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the proposed changes to retirement plans in Congress’s 2023 spending bill. They also talk about the current boom in cocaine production and debate whether or not nepotism is as bad as everyone says.

In the Plus segment: Felix, Emily, and Elizabeth admit what they each got wrong about 2022.

Podcast production by Anna Phillips.


About the Show

A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon, Emily Peck, and Elizabeth Spiers.

All episodes


  • Emily Peck is a veteran journalist who has worked as a writer and editor at national outlets like HuffPost, the Wall Street Journal, and the American Lawyer.

  • Felix Salmon is a host of the Slate Money podcast.

  • Elizabeth Spiers is Slate’s Pay Dirt columnist. She was the founding editor of Gawker and the former editor in chief of the New York Observer. Prior to Gawker, she was a financial analyst.