Jamie Dimon has a warning for Wall Street analysts and investors. (0:25) Jason Moser discusses: - Salesforce shares rising on strong Q1 results and increased guidance - How the Slack acquisition is going so far - Elon Musk's ultimatum for executives at his company - Dimon outlining how JP Morgan Chase is preparing for an "economic hurricane"
(15:41) Just in time for summer concert season Ricky Mulvey talks with Yeganeh Torbati about her reporting for The Washington Post about Live Nation and how t may have benefited from millions of dollars in grants intended for small businesses.
Stocks discussed: CRM, MSFT, TSLA, JPM, LYV
Host: Chris Hill Guests: Jason Moser, Yaganeh Torbati Producer: Ricky Mulvey Engineers: Dan Boyd
On this episode of "The Federalist Radio Hour," Federalist D.C. Columnist Eddie Scarry joins Culture Editor Emily Jashinsky to discuss why the LGBT movement started targeting kids and how transgenderism transformed the way the movement operates.
Eliana Johnson of the Washington Free Beacon joins the podcast today to talk about Joe Biden’s walk-back of his firm statement—on Monday!—that the U.S. wouldn’t supply Ukraine with certain weapons. Why does he keep doing this? What on earth is going on? Plus, what happened with the John Durham investigation? Give a listen. Source
On this episode of the Hayek Program Podcast, we begin a special summer series of the podcast on Liberalism for All, hosted by Jayme Lemke as she explores the underpinnings and outworkings of a free and open society. Driving the discussion is a set of core questions, including:
What does it mean to be liberal in the 21st century?
What is the relationship between liberalism and equality?
Is the pursuit of equality a threat or opportunity for the liberal project?
Joining Lemke for this episode is Audrey Redford, assistant professor of economics at Western Carolina University and an alum of the Adam Smith Fellowship. Redford shares her journey in becoming a political economist before explaining her concept of 'malnovation' in illicit drug markets and how it shapes the efforts of individuals to acquire illicit drugs. They also discuss what low-hanging fruit exists for drug policy reform, and what a more liberal approach to public drug policy would look like. As they close their conversation, Lemke and Redford share broadly what political economy can contribute to shaping free and open institutions.
If you like the show, be sure to leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.
Unprecedented water restrictions in Los Angeles County are going to ensure the slow demise of lawns. And now, California Gov. Gavin Newsom is ready to deal green lawns a final blow. Today, how Southern Californians will have to get used to browner lawns — and why even that might not make a dent in a historic drought.
Inflation takes a growing toll on small businesses. More weapons for Ukraine. Water restrictions take hold in CA. CBS News Correspondent Steve Kathan has today's World News Roundup.
Donald Trump appeared on the Oprah Winfrey Show eight times, with Oprah touting him as a model American success story. He also used the show to tease his political ambitions, with little pushback on his racism and misogyny. Their relationship reveals a lot about how Trump built his brand, how different audiences viewed his story — and ultimately how he forged a path to the presidency.
Special guest: Christina Greer of Fordham and the podcast FAQ NYC.
Find lots more and subscribe to our newsletter on our website — Oprahdemics.com
Producer Nina Earnest, Executive Producer Jody Avirgan. Artwork by Jonathan Conda.
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War and blockades in Ukraine are the largest but far from the only problems squeezing the global food system—and with prices already way up, a catastrophe of hunger looms. The prospect of whole-genome screening for newborns opens up many opportunities to avoid or treat disease, and many ethical debates. And more than just sordid history at Bangkok’s red-light-district museum.For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
The knowledge economy. Intellectual property. Software. Maybe even bitcoin. All pretty much intangible, and yet all clearly real and genuinely valuable. This is the realm where economist Jonathan Haskel of Imperial College London mints his own non-physical scholarship. “In the old days,” relates the co-author of Capitalism without Capital: The Rise of the Intangible Economy, “the assets of companies, the sort of secret sauce by which companies would generate their incomes and do their services for which they’re employed for, was very tangible-based. These would be companies with lots of machines, these would be companies with oil tankers, with buildings, with vehicles to transport things around. Nowadays, companies like Google, like Microsoft, like LinkedIn, just look very different.” And that difference, he explains to interviewer David Edmonds in this Social Science Bites podcast, is knowledge. “What they have is knowledge,” says Haskel, “and it’s knowledge assets, these intangible assets, which these companies are deploying.”
Intangible investments, as you might expect, have different properties than do tangible ones. Haskel dubbed them the four S’s:
Scale. Once you have a handle on a successful intangible, like software, that can generally scale up without more capital spending;
Sunk Costs. These are invested costs you can’t get back, such as the costs of developing software;
Spillovers. Aspects of your intangibles that others can copy or adopt for themselves; and
Synergies. “If you put all these intangibles together,” he explains, “you get more than the sum of the parts.”
Meanwhile, intangibles help keep modern economies humming – we think. “Accountants and statistical agencies are quite reluctant to measure intangibles because it’s -- intangible. It’s a rather difficult thing to get at; these are often goods that aren’t traded from one person to another …”
Part of Haskel’s research effort is to quantify how much investment in intangibles is going on “behind the scenes,” which fits in with other interests of his such as re-engineering how gross domestic product gets measured. Businesses are now spending more on intangibles then on tangibles: Haskel’s work reveals that for every monetary unit companies spend on tangible assets, they spend 1.15 on intangible ones.
In addition to serving as a professor at the Imperial College Business School, Haskel is director of the Doctoral Programme at the Imperial. He is an elected member of the Conference on Research in Income and Wealth and a research associate of the Centre for Economic Policy Research, the Centre for Economic Performance, LSE, and the IZA, Bonn.
Haskel has been a non-executive director of the UK Statistics Authority since 2016 and an external member of the Bank of England’s Monetary Policy Committee since 2019.
