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Today we discuss the legacies of the recently-deceased Robert Duvall and Jesse Jackson, AOC's blunders and Marco Rubio's triumph at the Munich Security Conference, and John recommends You've Got Mail.
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Inflation is gradually moderating. For some consumer goods, like gasoline, prices are outright declining. Gas prices are down 7.5% since last January, according to AAA. The reason has to do with basic economic principles. Also on the program: We discuss a nicely balanced economy (for now) and — from "Building Tomorrow," a collaboration by Marketplace and This Old House Radio Hour — hear about a clear, step-by-step "almost paint-by-numbers" approach to address the housing affordability crisis.
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about "small industry" between big business and propertyless workers.
Original article: https://mises.org/mises-wire/brief-history-petite-bourgeoisie
Jesse Jackson, the US civil rights leader who was one of the most prominent African American political figures, has died at the age of 84. We speak to one of his former advisers.
Also on the programme: a second round of indirect talks between the US and Iran has ended in Geneva; and the Ukrainian government funding a programme that allows soldiers to freeze their sperm.
(Photo: Jesse Jackson during a visit to England in November 2008 to talk about political representation of ethnic minorities. Credit: BBC)
The Deputy Executive Director for UN Women, Dr Nyaradzayi Gumbonzvanda has made an appeal for a ceasefire in Sudan - while speaking at the just concluded Africa Union Summit in Addis Ababa, Ethiopia. UN Women says of the 12 million people displaced by the Sudan war, more than half of them are women and children. This adds to the documented cases of mass and systemic rape and the use of sexual violence as a weapon of war. And Zambia's inflation is at its lowest for the first time in three years. At 9.4%, the government says the favourable cost of living is as a result of strong copper sales and low food prices. We hear from Zambians. Presenter: Nkechi Ogbonna Producers: Keikantse Shumba, Blessing Aderogba and Kennedy Gondwe Technical Producer: Herbert Masua Senior Producer: Charles Gitonga Editors: Samuel Murunga and Maryam Abdalla
Plus: India’s Adani Group plans to invest $100 billion on AI infrastructure. And, Infosys and Anthropic to partner on AI for businesses in regulated industries. Julie Chang hosts.
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The Reverend Jesse Jackson dies a the age of 84. Deadly shooting at a youth hockey game. The search for Nancy Guthrie. CBS News Correspondent Stacy Lyn has those stories and more on the World News Roundup podcast.
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Modern sport can seem awash with money, but it’s been claimed that the richest sportsperson of all is an ancient Roman Charioteer from the second century AD called Gaius Appuleius Diocles, with career winnings that stood at 35 million sesterces. One calculation has translated that into an astonishing $15 billion dollars today, and it’s a figure that’s stuck. But should we believe it? Duncan Weldon talks to ancient historian Professor Mary Beard from the University of Cambridge to learn more about the big business of chariot racing, and how we should think about money and wealth in the economies of the past. Presenter: Duncan Weldon Producer: Nathan Gower Series Producer: Tom Colls Editor: Richard Vadon Programme Coordinator: Brenda Brown Sound Engineer: James Beard
Regulators tightened banking rules after the Great Recession. At a conference yesterday, Federal Reserve Vice Chair Michelle Bowman said the Fed is looking into easing rules for banks in hopes that this may mean more mortgage loans. But it also means banks may be more vulnerable to the next financial crisis. So why now? Plus, we take you on a tour of some of the physical infrastructure powering the AI boom.
From the BBC World Service: It's the start of the Lunar New Year — a major retail event. In China, AI has increasingly been merging with the shopping experience, and companies have poured billions of dollars into competing for customers over the next couple of days. Then, France and India are poised to sign a major deal for India to buy over 100 French-made Rafale jet fighters worth $35 billion. And, Cuba's world-famous cigar festival has been cancelled due to fuel shortages.