House expected to vote on Democratic spending plan today ... delayed by an eight hour speech on the House floor. Defense wraps up in Georgia jogger killing. Outrage after a judge gives a rapist probation. CBS News Correspondent Steve Kathan has today's World News Roundup.
Some factors that drive relentless growth in state spending are eternal; some are getting stronger. Our correspondent outlines a big-government future. We examine how MacKenzie Scott, an accidental billionaire, is revolutionising big-money philanthropy. And Moroccan hoteliers rail against a law that forbids beds for the unwed.
Adrian Tobey lives in Canada. He got started in his tech career right out of high school, working for his father's digital marketing agency. In high school, he was interested in computer science, and developed video games and useful UI for his school. Prior to digital marketing, his father was a jazz musician, and Adrian followed in those footsteps to play the trumpet. For University, he had two options - go to school for computer science or for music... and chose the latter. During school, he was working full time for his Dad's agency, building websites, email campaigns and such. While he was doing this, he built his first product called Form Lift, which is a Wordpress form builder for Infusion Soft.
Around 3 years into school, he failed his first university course - a discrete computer science course around computer runtimes, big O notation, etc. He had invested a ton of money into the his degree already, but he started doing the math, and estimated he wouldn't complete school until 2025 because he was part time.
With that in mind, he dropped out of University school, and thought - what next? He didn't want to do agency work forever. He took a look at how expensive, convoluted and clunky marketing technology tools can be. He vowed to create the ultimate suite of tools, and to do it on Wordpress.
Cloudways offers peace of mind and flexibility so you can focus on growing your business instead of dealing with server management. With Cloudways, you get an optimized stack, managed servers, backups, staging environment, integrated Git, pre-configured, Composer, 24/7 support, and a choice of five cloud providers: AWS, DigitalOcean, Linode, Google Cloud, and Vultr. Get up to 2 Month Free Hosting by using code "CODE30" and get $30 free hosting credit.
We’ve got a Batman/Superman situation as Starbucks and Amazon team up on a store. Nicolas Cage is pumped that a copy of the US Constitution was (almost) bought by a special crypto team: aka “The DAO.” And Nvidia stock jumped 8% because it whipped up a physical shovel to the digital meta goldrush.
$NVDA $SBUX $AMZN $NVDA $ETH $BTC
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Cities throughout the U.S. (and around the world) are struggling with the many issues that come with neighborhood growth and displacement. But what if, instead of being negatively impacted by development, residents benefited from it instead?
In this episode — part two of our two-part series on new models for wealth-building — we explore “neighborhood REITS,” a model that helps community members invest in local development projects. This innovative approach can help folks participate in their own communities’ growth, and as we see through the work of Albina Vision, it can also potentially begin to redress some of the racial inequities that have been baked into our housing system for decades.
In this episode:
[00:00 - 05:30] Local Portland artist Cleo Davis shares the struggles of gentrification that destroyed the legacy of his community in the historically Black neighborhood of Albina.
[06:16 - 13:07] Marc Norman, associate professor in affordable housing, breaks down a new wealth-building model called a neighborhood REIT.
[13:08 - 23:09] Rukaiyah Adams, Board Chair of the Albina Vision Trust, discusses the history of Lower Albina and her hopes that a neighborhood REIT could be one way to help people access the multi-generational wealth that they were denied.
[23:10 - 25:37] Cleo Davis wraps up with the hope that Albina Vision will be the greatest monument to Black creativity and prosperity that the neighborhood could have.
City of the Future is hosted by Eric Jaffe and Vanessa Quirk, and produced by Guglielmo Mattioli. Story editing by Rough Cut Collective and Benjamin Walker. Mix is by Andrew Callaway. Art is by Tim Kau. Our music is composed by Adaam James Levin-Areddy of Lost Amsterdam. Special thanks to Cleo Davis, Marc Norman, Rukaiyah Adams, Winta Yohannes. Annie Koo, Alison Novak, Jesse Shapins, and Chrystal Dean.
In 1778, in the middle of the Revolutionary War, while camped outside New York City, General George Washington and Major Benjamin Tallmadge hatched a plan. They created a network of spies that would provide information about British military effort, which could be used by the colonists in fighting the war. It turned out to be pivotal in the war for independence. Learn more about the Culper Ring, and America’s first spy network, on this episode of Everything Everywhere Daily.
We aren't sure who's still listening to Dr. Anthony Fauci, but he officially declared it safe to visit with family during the holidays. Businesses are changing shipping and packaging to fight supply chain woes, CNN takes a mostly unsuccessful drive around Brooklyn in a self-driving car, and a former Obama economic advisor gets real on inflation.
Times
00:11 - Segment: Welcome to the Show
07:39 - Segment: The News You Need to Know
07:40 - Anthony Fauci says it's okay for the vaccinated to enjoy the holidays
22:00 - Britney Spears freed from conservatorship
27:14 - Shipping containers and supply chains
32:18 - CNN takes a self-driving car for a (mostly unsuccessful) spin in Brooklyn
39:14- Segment: You Love To Hear It
39:21 - Former Obama economic advisor gets real on inflation
Just about everyone knows correlation does not equal causation, and probably that a randomized controlled experiment is the best way to solve that problem, if you can do one. If you’ve been following the economics discipline you will have heard about the Nobel Prize given to Abhijit Banerjee, Esther Duflo, and Michael Kremer for their work applying the experimental method to test real-world policy interventions out in the field. But what if you can’t do this? Are you just stuck with untestable claims? This year’s Nobel Prize to Josh Angrist, David Card, and Guido Imbens for methods of causal inference with observational data confirms that you don't have to give up. Scott Cunningham’s Causal Inference: The Mixtape (Yale UP, 2021) provides an accessible practical introduction to techniques developed by these luminaries and others. Along with the statistical theory, it provides intuitive explanations of these techniques, and examples of the computer code needed to run them. In our conversation we discuss why economists needed these techniques and how they work.
Scott Cunningham is a professor of economics at Baylor University. He researches topics including mental healthcare, sex work, abortion and drug policy. He is active on Twitter, has a blog on Substack, and frequently conducts workshops on causal inference methods. A complete web version of his book is available here.
We'll tell you about a new nonpartisan report into Democrats' $2 trillion social spending bill and how lawmakers are expected to vote on it today.
Also, a case that got the attention of celebrities, politicians, and spiritual leaders. What happened to a man on death row.
Plus, how American automakers are now dealing with a global chip shortage, the most and least reliable cars for 2022, and how Nike is joining the metaverse.