In National Pork Producers Council v. Ross, the Supreme Court will address the dormant commerce clause in the context of a California law regarding the housing of farm animals. Specifically, the Court will decide "whether allegations that a state law has dramatic economic effects largely outside of the state and requires pervasive changes to an integrated nationwide industry state a violation of the dormant commerce clause..."
Oral arguments took place on October 11. The Manhattan Institute's Ilya Shapiro joined us to analyze the arguments and examine the issues underlying the case.
Featuring: Ilya Shapiro, Senior Fellow and Director of Constitutional Studies, Manhattan Institute
OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(06:59) – Politics of climate change
(24:01) – Greta Thunberg
(30:31) – Electric cars
(37:53) – Economy
(45:30) – Journalism
(59:32) – Human emissions
(1:17:19) – Worst-case climate change scenario
(1:37:40) – Hurricanes
(1:56:29) – Climate change vs Global warming
(2:00:35) – Climate alarmism
(2:15:25) – Economic models
(2:46:52) – Climate change policies
(3:02:54) – Nuclear energy
(3:09:30) – Alex Epstein
(3:20:00) – Public opinion on climate change
(3:41:57) – US presidents
(3:52:35) – Advice for young people
(4:06:10) – Meaning of life
What will Nancy Pelosi’s legacy be? Savvy political operator? Anti-progressive obstacle? Or will she have a legacy at all? Also, Elon Musk continues to drive everyone insane. Source
How does a government decide who can know what? In the modern day, it comes down to something called security clearances. In today's episode the guys explore how the US decides who's trustworthy enough to get the scoop on stuff the public can't know -- and what happens when things go wrong. They don’t want you to read our book.
Taiwan has more than 25,000 enthusiasts of ham radio, the antiquated communication technology that is increasingly being used in war zones when all other communications is down. If China declares war on Taiwan, then these ham radio enthusiasts could be crucial for civilians and officials alike — and can offer lessons for the rest of us.
Brutal in Buffalo where a storm could dump several feet of snow. Resignations at Twitter. New Democratic leaders step up. CBS News Correspondent Steve Kathan has today's World News Roundup.
The “Autumn statement” was filled with belt-tightening, from stealthy tax rises to public-service cuts. But perhaps the bitterest part of the pill has been left for the next government to swallow. As the World Cup begins in Qatar, controversies over preparedness and human rights threaten to overshadow what happens on the pitch. And New York City declares war on rats. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
The World Cup begins Sunday in Qatar, a nation of just 300k citizens (half of Vermont) — but it’s dropped $200B for 8 new stadiums. Starbucks’ busiest day of the year was yesterday’s “Red Cup Day”, because holidays beat habits. And FTX Founder Sam Bankman-Fried just admitted he’s a fraud, so we’re gonna play a little game: Lehman, Enron, or Madoff?
$SBUX $BTC $COIN
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This is a story of how something can appear to be what it is not.
It’s a tale of a jarring contrast between the image the world had of Sam Bankman-Fried before FTX’s meltdown pushed the crypto world into a nauseating tailspin and the reality of a wildly mismanaged multibillion-dollar empire with what Bankman-Fried’s appointed successor described as an “unprecedented” failure of accounting, oversight and discipline.
Before Ian Allison’s Nov. 2 CoinDesk scoop on FTX sister company Alameda Research’s suspect balance sheet, Bankman-Fried was seen as a philanthropic, well-connected, celebrity-hobnobbing, marketing-savvy leader, a wunderkind who made crypto respectable. Two weeks later, he is viewed as a laughing stock, a suspected criminal, an irresponsible, wildly underqualified, selfish child who has destroyed the livelihoods of tens of thousands. Wow. What a difference two weeks make!
In this episode of Money Reimagined, host Michael Casey chats with two CoinDesk colleagues who’ve delved deeply into the SBF story: Deputy Managing Editor for Companies coverage Tracy Wang and Managing Editor for Global Policy and Regulation, Nikhilesh De. Together they dig into how the erstwhile FTX CEO could have misled the world to such a degree.
They explore Bankman-Fried’s journey, how it begins with his adherence to the principles of effective altruism, a stated desire to get as rich as possible to do maximum good, and how it all seems to fall apart as FTX gets bigger. They discuss how his philanthropy, political donations, and marketing efforts hid the dark reality underneath and delve into what needs to happen, at the community level and in regulation, to protect people falling from such distortions in the future.
This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”
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