Pod Save America - “Katie Porter’s stock tips.”

Republicans make Joe Biden an offer he can refuse, the race to vaccinate America is on, and the new face of the GOP is a QAnon school shooting truther who believes that wildfires are caused by Jewish laser beams. Then Congresswoman Katie Porter talks to Jon Lovett about getting people access to mental health care during the pandemic and why the GameStop drama should lead to tougher Wall Street regulation.

Consider This from NPR - After Biden’s First Actions On Climate Change, How Much More Can He Do Alone?

This past week, President Biden signed executive orders that represent his administration's first actions in the fight against climate change. Some changes will take longer than others — and many more will not be possible without help from Congress.

Correspondent Lauren Sommer of NPR's climate team explains the likelihood of that happening — and what Biden could do if it doesn't.

NPR's Kirk Siegler reports from Wyoming on Biden's ban on federal oil and gas leasing. Most of the oil and gas drilled in Wyoming comes from federal land and communities there are bracing for job losses and school funding cuts.

In participating regions, you'll also hear a local news segment that will help you make sense of what's going on in your community.

Email us at considerthis@npr.org.

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CoinDesk Podcast Network - BREAKDOWN: Have the Hedge Funds Infiltrated Reddit’s WallStreetBets?

The media keeps saying WallStreetBets is going after silver; WallStreetBets members say it’s a campaign to co-opt and divide them. 

This episode is sponsored by Nexo.io.

Today on the Brief:

  • Elon Musk talks bitcoin on Clubhouse
  • India trying to ban crypto?
  • DEXs have best month ever in January 


Our main discussion: Has WallStreetBets been infiltrated by hedge funds? 

Reddit community WallStreetBets became headline news last week when its short squeeze of GameStop (GME) nearly brought a famed hedge fund to its knees. According to Twitter personalities and the mainstream media, the community has now turned its focus to squeezing silver. 

Except, one cursory look at the subreddit shows that isn’t the case. Instead, it is full of posts about how hedge funds and media are trying to promote the silver story to distract and divide the community. 

In this episode, NLW tries to break down what’s happening and argues that now that WSB has become a market force, these sort of attempts to influence its conversation are going to become de rigeur

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Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.

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Image credit: Nicky Loh/Bloomberg via Getty Images and WallStreetBets Subreddit

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Everything Everywhere Daily - Extraterritoriality

A common misconception that many people have is that embassies are part of the territory of the country that owns the embassy. For example, the American embassy in Canada is part of the United States. This is not quite true. The theory covering how an embassy or a diplomat works deals with the concept of extraterritoriality. Learn more about extraterritoriality, the thing which makes international relations function, on this episode of Everything Everywhere Daily.

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The Commentary Magazine Podcast - Will Biden Play ‘Let’s Make a Deal’?

Today's podcast raises the specter of a negotiation between the new president and ten Republicans who offer the possibility of a bipartisan deal on COVID relief. Will he take it as an opportunity to prove he can work across the aisle or view it as a political trap? Also, more on Andrew Cuomo's perfidy and Donald Trump's GOP blackmail. Give a listen.

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The Intelligence from The Economist - More needles in the haystack: vaccine candidates proliferate

That a coronavirus vaccine could be developed in a year is astonishing—and promising candidates just keep coming. How will the virus’s variants change the dynamic? Palestine may at last hold elections, after 15 years of promises. But Mahmoud Abbas, the incumbent president, may end up as the only viable candidate. And the probable first big market for lab-grown meat.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

Social Science Bites - Diego Gambetta on Signaling Theory

What we tell people about ourselves is not exclusively, or often not even majorly, what comes out of our mouths. A host of nonverbal messages emanate from us, many of them intentionally sent to create or reinforce a narrative for a recipient who is left trying to judge the veracity of the sum total of the information. The study of this signaling in the content of an asymmetry of information is known as ‘signalling theory.’

In this Social Science Bites podcast, Diego Gambetta, a professor of social theory at the European University Institute in Florence, discussing his research around signaling theory and the applications of his work, whether addressing courtship, organized crime of hailing a cab.

“The theory,” he tessl interview Dave Edmonds, “has to do with the unobservable qualities of interest. The question is, how much scope do we have to con each other, to cheat each other. … What I would like to know about you is more than is what is apparent. The things that we are interested in are not written on our foreheads.”

Signaling theory’s value, he continues, comes in “trying to establish when truth can be communicated even in conditions that are difficult, in which we expect the interests of the parties communicating to diverge, or to not completely overlap.”

This gives the theory a wide range of applications, which is reflected in its own birthing. Initially formalized by economists, particularly Nobel Prize winner Michael Spence. Who used it to show how can an employer can determine if a job applicant in likely to be highly productive or not. At roughly the same time, Gambetta explains, there was a “an intuitive expression of the theory” by an animal behaviorist, Amotz Zahavi.

In the social and behavioral realm where Gambetta works, signally theory shows in utility whether the parties are in conflict – hence his work examining the Italian mafia -- or cooperation – studying taxi drivers in Belfast and in New York City.

“In a conflict,” Gambetta details, “I may want to persuade you that I am really, really tough. If this is true, and you believe me, then we may sort the conflict out cheaply for both of us because we don’t enter into a damaging fight.” And in cooperation, how do you accept the accuracy of someone’s representations (or convince someone of your own honest representation) that they do indeed possess the qualities they feel, or say, they have.

Given the current mass trial of alleged members of the 'Ndrangheta crime syndicate in Italy, perhaps Gambetta’s work among the mafiosos is is most salient at the moment. “I was alerted to the importance of symbolic communication in the mafia by the way they communicated with each other, and also, on a couple of occasions, with how they communicated with a researcher, myself included. They display a subtlety in communication that surprised me. We tend to expect an organized criminal to excel at brutality and intimidation, but we can’t really expect them to be a lot subtler than we are in communicating.”

He gives the example of a Canadian researcher who announced plans to research the mafia. The researcher’s car was burglarized, his dirty laundry stolen, and a few days later the laundry came back, cleaned and ironed, with a note that said, “Goodbye.” It was, Gambetta noted, “a more enthusiastic rendition of ‘I know where you live.’”

“Violence,” he adds, “is known to us because it leaves a body on the ground, it attracts attention. But there is a subtlety in threatening.” And in Palermo, for instance, there is “an obsessive search for meaning” – the workaday side of the signaling theory coin.

Another workaday aspect revolved around his work studying taxi drivers, who had to determine which passengers they would pick up based on the drivers’ perception of the person hailing them being a fare that was safe and trustworthy. These instant assessments can rely, however, on short-cuts that reek of racial profiling. In New York, for example, Gambetta that even Black drivers wouldn’t pick up young Black people. This essentially removes the service from that population – “the cost of proving your bona fides, that you are a real passenger despite your age and color, is too costly, is too complicated.”

In addition to his professorship at the European University Institute, Gambetta is the Carlo Alberto Chair at the Collegio Carlo Alberto in Turin, and an official fellow at Nuffield College, University of Oxford. Among his books are 2016's Engineers of Jihad, Codes of the Underworld: How Criminals Communicate from 2009, and 1993's The Sicilian Mafia. The Business of Private Protection.