Planet Money - Summer camp capitalism

Summer camp is a classic rite of passage in the U.S. It's a place of self-discovery, where kids come to make new friends and take on new challenges. But what if it were ALSO a place where children came to learn how to survive in a free market economy?

That's part of the idea behind a summer camp at JA BizTown, in Portland, Oregon. Kids at the camp run tiny fake businesses in a tiny fake town. There are retail stores and restaurants, insurance companies and power utilities. As camp begins, a gaggle of child CEOs take out business loans from their peers in the tiny fake banking industry – and they spend the day racing to run their businesses profitably enough to get out of debt before pickup time.

On today's show, Planet Money takes a romp through capitalism summer camp. Will the children of BizTown be able to make ends meet and pay back their loans to the banks? Or will a string of defaults send this dollhouse economy into financial collapse? It's Shark Tank meets Lord of the Flies.

This episode was hosted by Alexi Horowitz-Ghazi and Sally Helm. It was produced by James Sneed, and edited by Jess Jiang. It was fact-checked by Sierra Juarez and engineered by Gilly Moon. Planet Money's executive producer is Alex Goldmark.

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CBS News Roundup - 09/06/2024 | World News Roundup Late Edition

Man planning to commit terror attack at Jewish center in NYC arrested near U.S.-Canada border, authorities say. Trump’s N.Y. hush money sentencing delayed until after November election.

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Reset with Sasha-Ann Simons - WBEZ’s Weekly News Recap: Sept. 6, 2024

Four people were killed in a mass shooting on the Blue Line, a Palestinian coffee shop in Uptown was vandalized and Illinois Governor JB Pritzker spent Labor Day campaigning for Kamala Harris in New Hampshire. Reset breaks down those stories and much more with journalists Block Club investigative reporter Manny Ramos, Fox 32 political correspondent Paris Schutz and Chicago Sun-Times reporter and editor Tom Schuba. For a full archive of Reset interviews, head over to wbez.org/reset.

Consider This from NPR - The rise and fall of the DEI movement

We're in a moment where DEI (Diversity, Equity and Inclusion) hiring practices mean many different things to many people. Over the past four years, many of the companies that publicly embraced DEI policies in the wake of George Floyd's murder have been backing away. What are the politics behind the anti-DEI backlash and what happens when workplace diversity initiatives are lost?

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The Gist - Endemic Is Less Polemic Than An Epidemic

Covid-19 is still around, but it's far less deadly. And, yet ... still deadly. Katelyn Jetelina, author of the Your Local Epidemiologist Substack, is here to talk about lessons learned, how vigilant we should all be, and if she ever wears a mask anymore. Plus, Hunter Biden pleads to felony tax evasion charges, debate anticipation has put every thing else in suspended animation, and we take listener feedback, play jingles, and award a Lobstar of this Antwentig.


Produced by Joel Patterson and Corey Wara

Email us at thegist@mikepesca.com

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The Daily Signal - School Shooter’s Father Charged, Stocks Fall, Elon Musk to Lead ‘Government Efficiency Commission’ | Sept. 6

Description: 


TOP NEWS | On today’s Daily Signal Top News, we break down:


  • Employers added 142,000 jobs in August, but economists had anticipated more.
  • The 14-year-old Georgia school shooter and his father have been charged in the shooting that left four people dead. 
  • Kamala Harris says she does not support banning plastic straws. 
  • If Trump wins the election in November, he says he will consider appointing Elon Musk to lead a “government efficiency commission.”
  • ABC has denied The Daily Signal Press credentials at the presidential debate. 
  • Plus, a Friday movie review of “The Searchers.”


Relevant Links


Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/

Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription

 

Listen to more Heritage podcasts: https://www.heritage.org/podcasts

Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda

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The Journal. - Hot, Dry and Booming: A Texas Climate Case Study

Kyle, Texas is one of the fastest-growing cities in the United States. It is also facing heat and drought that has been exacerbated by climate change and is expected to get worse. Matt Wirz reports on the tensions in Kyle as the city continues to build, even as it runs low on water. 


Further Listening:

- A Plan to Hack the Planet


Further Reading:

- This Texas City Is Too Hot, Short on Water—and Booming 

- Welcome to Y’all Street, Texas’ Burgeoning Financial Hub 

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Motley Fool Money - Kickoff for Private Equity Investors

NFL owners approved private equity firms investing in teams this season, we talk about the soaring franchise valuations and hear a player’s perspective on money.


(00:21) Emily Flippen and Matt Argersinger discuss:

- Weak jobs data, inverted yield curve, and whether the market will cheer a larger rate cut this fall.

- Why private equity is interested in Smartsheet and putting money into NFL franchises this season.

- The latest earnings updates from: Toro, Docusign, and ABM Industries


(20:20) Brandon Copeland played ten years in the NFL – now the linebacker is an ivy league professor, author, and advocate for college athletes. Copeland talks through his book Your Money Playbook, the realities of an NFL contract, and how some college players are finally getting their due.


(34:45) Emily and Matt break down two stocks on their radar: McKesson and AO Smith.


Stocks discussed: SMAR, DOCU, TTC, ABM, MCK, AOS


Host: Dylan Lewis

Guests: Emily Flippen, Matt Argersinger, Brandon Copeland

Engineers: Dan Boyd

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CrowdScience - What is the voice inside my head?

Many of us experience an inner voice: we silently talk to ourselves as we go about our daily lives. CrowdScience listener Fredrick has been wondering about the science behind this interior dialogue. We hear from psychologists researching our inner voice and discover that it’s something that begins in early childhood. Presenter Caroline Steel meets Russell Hurlburt, a pioneering scientist who devised a method of researching this - and volunteers to monitor her own inner speech to figure out what’s going on in her mind. She discovers that speech is just part of what’s going on in our heads, much of our inner world in fact doesn’t involve language at all but includes images, sensations and feelings. Caroline talks to psychologist Charles Fernyhough, who explains one theory for how we develop an interior dialogue as young children: first speaking out loud to ourselves and then learning to keep that conversation going silently. No one really knows how this evolved, but keeping our thoughts quiet may have been a way of staying safe from predators and enemies. Using MRI scanning, Charles and Russell have peered inside people’s brains to understand this interior voice and found something surprising: inner dialogue appears to have more in common with listening than with speaking.

Caroline also has an encounter with a robot that has been programmed to dialogue with itself. Which leads us to some deep questions: is our inner voice part of what makes us human, and if so, what are the consequences of robots developing this ability? Scientist Arianna Pipitone describes it as a step towards artificial consciousness.

Featuring: Professor Charles Fernyhough, University of Durham, UK Professor Russell Hurlburt, University of Nevada, Las Vegas, USA Dr Arianna Pipitone, University of Palermo, Italy Presenter: Caroline Steel Producer: Jo Glanville Editor: Cathy Edwards Sound design: Julian Wharton Studio manager: Donald MacDonald Production co-ordinator: Ishmael Soriano

(Image: Mixed Race boy looking up Credit: Jose Luis Pelaez Inc via Getty Images)

1A - The News Roundup For September 6, 2024

Officials last night in Georgia charged the father of the suspected Apalachee High gunman with two counts of second-degree murder. On Wednesday, his 14-year-old son was arrested and charged with four counts of felony murder after he allegedly killed two students and two teachers at his high school.

Linda Sun, a former aide to New York Govs. Kathy Hochul and Andrew Cuomo was charged this week with being an agent of the Chinese government.

Meanwhile, overseas, Israel has been carrying out large-scale raids in the occupied West Bank, which it says are aimed at dismantling militant groups and preventing attacks. The U.N. says Israeli forces have killed at least 30 Palestinians in the West Bank, marking the area's highest weekly death toll since November.

The U.S. is accusing Russia of perpetrating a widespread election interference campaign.

Two states in Germany's former Communist east held elections on Sunday. The far-right Alternative for Germany party, or AFD, made big gains in both elections.

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