This week we're a day late (and probably a dollar short too), and so discussing the ramblin', hard-workin', hard-timin' Charley Crockett seems to make a lot of sense. Crockett is one of the most prolific and beloved artists currently working in the folk/country/Americana/etc. world, and though narrowing down a song was hard, we landed adding his soulful, funky, swampy ditty "I'm Just a Clown" to our Ultimate Country Playlist.
The time value of money, or TVM, is a fundamental concept that affects your financial planning and investment success. In this episode, we review the time value of money, why it matters, and how to calculate your investment returns.
Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.
Watch this episode on YouTube. Today, we're catching up with Biden and Trump and their Memorial Day messages, discussing the Biden campaign's Ohio ballot fiasco, and providing an update on the Gaza pier. Plus, much more! Tune in!
Time Stamps:
15:45 Memorial Day Updates
28:44 Trump Trial
37:05 Ohio Ballot Fiasco
43:41 Libertarian Convention
47:08 Gaza Pier Update
52:34 Sport Stories
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Prime Minister Rishi Sunak has said that the UK economy is growing faster than Germany, France and the US, while Labour says the typical household in the UK is worse off by ?5,883 since 2019. Are these claims fair? We give some needed context.
Net migration has fallen - we talk to someone who predicted it would - Dr Madeleine Sumption, director of the Migration Observatory at the University of Oxford.
Is Taylor Swift about to add ?1 bn to the British economy as some media outlets have claimed? The answer is ?No?.
Why are our prisons full? We ask Cassia Rowland from the Institute for Government.
Presenter: Tim Harford
Producers: Charlotte McDonald, Nathan Gower, Bethan Ashmead Latham and Ellie House
Series producer: Tom Colls
Sound mix: Neil Churchill
Production coordinator: Brenda Brown
Editor: Richard Vadon
Dialysis is a medical miracle, a treatment that allows people with kidney failure to live when otherwise they would die. It also provides a captive customer for the dialysis industry, which values the steady revenues that come from critically required long-term care that is guaranteed by the government.
Tom Mueller's six year deep dive into the dialysis industry has yielded his latest book, How to Make a Killing: Blood, Death, and Dollars in American Medicine (W. W. Norton, 2023). It's both an historical account of this lifesaving treatment and an indictment of the industry that is dominated by two for-profit companies that control ~80% of the market.
There is a precarious balance between ethical care for patients and the prioritization of profits for the providers, a tension that has led to ethical, political, and legal debates about the rationing and exploitation of life-saving care and quality of life.
Dialysis services are desperately needed by patients who require the dangerous, uncomfortable, and exhausting treatments multiple times per week, and pay for it through complex insurance procedures.
Tom Mueller’s book includes a vivid account of CEOs who lead their companies with messianic zeal to drive revenues continually up while simultaneously reducing the cost of care. He introduces us to the doctors charged with reducing those costs even at the expense of high-quality care and negative health outcomes. And we meet the patients themselves, who have little choice but to put their lives and well-being at the mercy of this system.
How did a lifesaving medical breakthrough become a for-profit enterprise that threatens many of the people it’s meant to save? And who are the brave people -patients, doctors, and employees of the system who are willing to tell their stories despite tremendous pressure to remain silent? And why do we as Americans accept worse outcomes at higher costs than the rest of the world?
Tom Mueller's highly readable yet devastating book illustrates the dialysis industry as a microcosm of American medicine.
Mueller challenges us to find a solution for dialysis, an approach that could also provide the opportunity to begin fixing our country’s dysfunctional healthcare system and a fighting chance at restoring human health outcomes, rather than the extraction of profits, as its true purpose.
In the year 79, Mount Vesuvius, a volcano located east of the modern-day city of Naples, erupted.
Vesuvius had erupted before, but this eruption was different. It ejected an enormous amount of ash, which completely buried several towns and cities below the mountain.
Almost 2,000 years later, the largest of those cities, Pompeii, was rediscovered, and what archeologists found revolutionized our understanding of the ancient world.
Learn more about the destruction and rediscovery of Pompeii on this episode of Everything Everywhere Daily.
We're talking about two versions of the same story: both sides laid out their final cases in former President Trump's first criminal trial.
Also, what's become one of the busiest spring storm seasons in American history keeps pummeling parts of the U.S.
Plus, new research could help kids avoid peanut allergies; another popular app is starting to offer free games, and a change could bring up the decades-old argument about who should be considered the greatest baseball players of all time.
Those stories and more news to know in about 10 minutes!
The defense and prosecution delivered their closing arguments Tuesday in former President Donald Trump’s criminal hush money trial. New York Justice Juan Merchan said jury instructions will begin early today, after which the jurors will begin deliberating Trump’s fate. He faces 34 charges of falsifying business documents in the first criminal trial of a former U.S. president. Harry Litman, senior legal affairs columnist for The Los Angeles Times and a former deputy assistant attorney general at the Department of Justice, takes us inside the courtroom.
And in headlines: The Democratic National Committee announced plans to nominate President Joe Biden through a “virtual roll call” to ensure he qualifies for Ohio’s general election ballot, at least two dozen people died, and more than a million were without power after severe storms battered the eastern half of the U.S. over Memorial Day weekend, and the Pentagon said it will take more than a week to rebuild and repair portions of a temporary pier built off the coast of Gaza for humanitarian aid deliveries.