The LRB Podcast

More than 90 per cent of transactions in the UK are now cashless, yet there is more cash in circulation than ever before. In the UK, there’s about £1300 circulating for every individual; in the US it’s more than $7000, and the majority of this exists in the highest-denomination banknotes, such as the $100 and €500 bills. So where is it all? Remarkably, nobody really knows, but the assumption is that it’s underpinning much of the world’s criminal activity.

John Lanchester joins Tom to talk through the many ways this money is hidden and processed, from the three classic stages of money laundering (placement, layering and integration) to the methods used to bypass banks entirely, through the purchase of agricultural equipment or the use of store cards and cash-only businesses such as vape shops and nail bars.

Read John Lanchester on money laundering: https://lrb.me/lanchester052026pod

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Is AI taking us into a world where computer programmers, and perhaps the rest of us too, are obsolete? And if so, how quickly is it taking us there? Paul Taylor has been looking at code since the time when computer games didn't even have screens, and in this episode he talks to Tom about the enormous changes generative AI has brought to programming and the world of work in the past couple of years, from the threat of Claude’s secretive Mythos to one-person companies, and they consider what jobs might be like in the future, if they exist at all.

Read Paul Taylor on Claude: https://lrb.me/taylorclaude

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In the wake of last week’s devolved and local elections, Keir Starmer is once again fighting for his political future. Labour has almost completely vanished in Wales, came a distant second in Scotland (tied with Reform UK), and lost nearly 1500 councillors in England. But while Plaid Cymru and the SNP were victorious in Wales and Scotland, in many ways the results in England were a disappointment for everybody, with no party making the breakthroughs they hoped for and the Conservatives pushed to the fringes.

James is joined by Richard King, Rory Scothorne and Andy Beckett to makes sense of this new political map and consider what the collapse of old party loyalties and the rise of nationalist politics means across all three countries.

Read more on politics in the LRB: ⁠https://lrb.me/lrbpolitics⁠

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For more than a decade, Viktor Orbán has stood alongside Trump and Modi as a global figurehead for authoritarian nationalism, and an inspiration to popular strongmen everywhere with his model for the ‘illiberal’ democratic state. But on April 12 his sixteen-year tenure as Hungary’s prime minister came to an end with a surprisingly gracious concession speech to his opponent, Péter Magyar, who won the country’s general election by a landslide.

But if Orbán has fallen, will Orbánism collapse with him? James is joined by journalist Dan Nolan and poet and translator George Szirtes to discuss why Orbán was finally voted out and the challenges Magyar faces in meeting his main election promises of tackling corruption and improving the economy.

Read Jan-Werner Müller on the Hungarian elections: https://lrb.me/ophungary01

Watch 'Magda's Boy: How George Szirtes invented his mother': https://lrb.me/ophungary02

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‘Courtroom encounters present you with only a fragment of a person’s story, from which you may or may not be inclined to infer the rest,’ James Lasdun wrote recently in the LRB. Last October, he set out on a road trip across America, with the aim of attending as many different kinds of criminal and civil trials as possible in one month. His journey took him from immigration hearings in Chicago to jury trials in Deadwood to felony proceedings in Louisiana.

On this episode of the LRB podcast, James joins Thomas Jones to discuss the ‘swerving tales’ he witnessed on his trip, and whether the ‘brazenly bad-faith goings-on at the Justice Department’ are showing up in local courts.

From the LRB

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