Podcasts about economic club

Jon Hartley and Phillip Swagel discuss Phill's career as an academic economist, his time in economic policy, why the CBO is important in the budget policy process, current law versus current policy baselines, dynamic scoring versus static scoring, the accuracy of CBO scores, CBO modeling, as well as CBO model transparency. Recorded on March 18, 2025. ABOUT THE SPEAKERS: Phillip Swagel became the 10th Director of the Congressional Budget Office on June 3, 2019. Previously, he was a professor at the University of Maryland's School of Public Policy and a visiting scholar at the American Enterprise Institute and the Milken Institute. He has also taught at Northwestern University, the University of Chicago's Booth School of Business, and Georgetown University. His research has involved financial market reform, international trade policy, and China's role in the global economy. From 2006 to 2009, Dr. Swagel was Assistant Secretary for Economic Policy at the Treasury Department, where he was responsible for analysis of a wide range of economic issues, including policies relating to the financial crisis and the Troubled Asset Relief Program. He has also served as chief of staff and senior economist at the Council of Economic Advisers in the White House and as an economist at the Federal Reserve Board and the International Monetary Fund. He earned his Ph.D. in economics from Harvard University and his A.B. in economics from Princeton University. Jon Hartley is currently a Policy Fellow at the Hoover Institution, an economics PhD Candidate at Stanford University, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), a Senior Fellow at the Macdonald-Laurier Institute, and an Affiliated Scholar at the Mercatus Center. Jon also is the host of the Capitalism and Freedom in the 21st Century Podcast, an official podcast of the Hoover Institution, a member of the Canadian Group of Economists, and the chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as a Fixed Income Portfolio Construction and Risk Management Associate and as a Quantitative Investment Strategies Client Portfolio Management Senior Analyst and in various policy/governmental roles at the World Bank, IMF, Committee on Capital Markets Regulation, U.S. Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Following a relatively calm holiday shortened trading week with little to no developments on the tariff front, Jason updates on where tariff negotiations stand, and what to look out for in the near-term. We also recap last week's macro developments, spanning retail sales to Q1 corporate earnings, along with takeaways from Fed Chairman Powell's remarks at the Economic Club of Chicago (and the White House response). Plus, guidance on how to position your portfolio for the current environment. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy

​Did Jerome Powell just shift the economic narrative? Josh reacts in real time to Powell's April 15 remarks at the Economic Club of Chicago, breaking down his comments on inflation, tariffs, and the growing risks in private credit markets. He questions whether Powell's outlook reflects neutral policy or political influence, especially in light of ongoing tension with former President Trump.​ Josh contrasts Powell's inflation concerns with falling prices in areas like oil and groceries, challenges the Fed's stance on tariffs, and examines the potential impact of unregulated private lending on future market stability. He also explores the growing friction between Powell and Trump, and what that could mean for future policy.​ Audio sourced from Powell's April 15, 2025 speech at the Economic Club of Chicago: https://www.federalreserve.gov/newsevents/speech/powell20250416a.htm ​ Can't get enough of The Financial Quarterback? Click ‘Subscribe' so you never miss a play. If you're enjoying the show, leave a 5-star rating and drop a review—it helps keep the game going!

On Wednesday during Q&A following Jay Powell's speech to the Economic Club of Chicago, he warned that the near-term impact of tariffs is likely to be rising unemployment and rising inflation. The Fed's twin mandate is one of maximum employment consistent with price stability. Powell said, “I believe that for the remainder of this year, we […]

Rekt co-founder and author of the Mando Minutes newsletter, Mando, is joined by Sergio Silva, CEO, of The Meebit Company, to discuss the narratives and themes driving the crypto market right now. From escalating U.S.-China trade tensions under Trump to Powell's remarks from this week's Economic Club of Chicago, they explore how these could impact crypto, risk assets, and investor sentiment. Later in the show, they are joined by Andrew Parish from Arch Public, Real Vision's affiliate partner (go to realvision.com/arch to try algorithmic trading for free).

Send us a textThis week, we break down the tension between Jerome Powell and Donald Trump—and what it actually means for monetary policy. If you listened to Powell's latest remarks at the Economic Club of Chicago, you may not have thought much of it, but anyone knows how to decode the Fed's deliberately vague words noticed unmistakably hawkish tone. We explain how to read between the lines of Fed speak, what it really means when the Fed prioritizes price stability over growth. We also get into why Trumps remarks on Truth Social led some to be concerned he's considering firing the Fed Chair... we discuss what that would mean for the credibility of U.S. markets.We dive into the economics of elite universities and the real impact of pulling federal research funding. We explain how endowments actually work, where that money goes, and why cutting research dollars isn't just about punishing a school—it risks gutting innovation across biotech, national defense, and the U.S. economy more broadly. Finally, we unpack the return of the Big Tech breakup debate. With Meta and Google back in court over antitrust issues, we explain what a corporate spinoff actually is, how it works, and why breaking up a giant like Meta might help your portfolio. From conglomerate discounts to split-offs and subsidiary IPOs, we walk through the corporate finance mechanics that could drive the next big move in tech.Sign up for our Talent Accelerator HERE today! Visit Vanta.com/wallstreet for $1,000 off Start your FREE TRIAL of Training The Street's Turbo Macros HEREOur Investment Banking and Private Equity Foundations course is LIVE: Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $49 HEREOur content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.Public Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS... See full disclos...

On April 10, 2025, the Economic Club of Minnesota hosted Professor Exequiel "Zeke" Hernandez from The Wharton School for a compelling discussion on the economic impact of immigration. Known for his extensive research on global networks and the movement of people, ideas, and businesses, Professor Hernandez provided valuable insights into how immigration influences economic prosperity.  For those interested in exploring Professor Hernandez's work further, his book, The Truth About Immigration, delves deeper into the topics discussed and offers a comprehensive look at how immigration shapes economic and social systems. 

Jerome Powell gave a speech at the Economic Club of Chicago; Kevin unpacks the information and offers his insights, correcting the record and offering clarity. While at the MId-America Trucking Show, Kevin interviewed Beth Wilson, Manager of Engine Oil, DEF, After-Market Auditing Program, American Petroleum Institute. The U.S. Commerce Department released the March Retail Sales report; The Federal Reserve released the Manufacturing numbers for March and the Capacity Utilization report: Kevin has all the details and offers his insights.

World Bank Group President Ajay Banga says the best way to eliminate poverty is through job creation. As 1.2 billion young people in emerging markets enter the workforce, he emphasizes the importance of equipping them with the skills and opportunities they need to succeed. In an interview on The David Rubenstein Show: Peer to Peer Conversations, Banga also discusses the World Bank's close collaboration with the IMF and the possibility of lifting its ban on funding nuclear power projects. This interview was recorded March 20 at the Economic Club of Washington, DC.See omnystudio.com/listener for privacy information.

Hosts: Leah Murray and Erin Rider  President Trump is lashing out at the Chair of the Federl Reserve Jerome Powell today after Powell told the Economic Club of Chicago that the President's tariffs were bound to result in "at least a temporary rise in inflation." Inside Sources talks about the independence the Fed is supposed to have and why it matters. 

Hosts: Leah Murray and Erin Rider  Gov. Cox urging state agencies to prepare for a recession  Governor Spencer Cox is telling state agencies to be prepared for a potential recession. It comes amid concerns from economists that the trade wars between the U.S. and foreign countries could throw the global economy into a tailspin. Governor Cox spoke about his guidance to state agencies this morning during his monthly press conference. He says ultimately, it's best to be prepared for the worst.    State lawmakers may hold impeachment proceedings against Utah judge  Nationwide, there have been calls for impeaching judges based on their decisions -- namely those who've ruled against President Trump. In Utah, lawmakers may begin impeachment proceedings for a judge accused of actual crimes. The Inside Sources hosts spend a few minutes talking about the novelty of impeachment and why it still matters.    Trump administration continues fight against Harvard University  The fight between the Trump administration and Ivy League universities continues today... with the focus ramping up on Harvard University. Now, there are reports that the IRS is looking for ways to remove Harvard’s non-profit tax status while the Department of Homeland Security looks to bar the university from admitting foreign students.   Pres. Trump says he can’t wait for Fed Chair to be terminated  President Trump is lashing out at the Chair of the Federl Reserve Jerome Powell today after Powell told the Economic Club of Chicago that the President's tariffs were bound to result in "at least a temporary rise in inflation." Inside Sources talks about the independence the Fed is supposed to have and why it matters.    SCOTUS to hear arguments on future of birthright citizenship  A new development today in the fight to redefine who gets citizenship. The United States Supreme Court has agreed to hear arguments as the Trump administration moves to redefine the 14th Amendment. It comes after several nationwide injunctions on the President's executive orders to end Birthright Citizenship.    Republican lawmakers continue to face angry constituents at town hall meetings  Republican lawmakers have faced some rather rough town halls over the past few months. What are usually peaceful (boring) town hall meetings have turned loud and rambunctious thanks to angry constituents voicing frustration over things President Trump is doing. Republicans continue to hold those town halls and are even fighting back a bit themselves now. Inside Sources discusses a few of the events from this week.    Democratic vice chair to fund challengers of “ineffective” incumbents in primaries  During the 2024 election cycle, we spoke several times about infighting among Republicans and unity among Democrats. But now, the infighting could be moving into the Democratic Party. The new 25-year-old vice chair of the Democratic National Committee is taking a hard stand against traditional Dems, pledging to fund primary challengers who will do more than the incumbents..    

Chris reacts to Federal Reserve Chair Jay Powell's Economic Club of Chicago speech, where Powell warned that Trump's tariffs could spark temporary or persistent inflation and even stagflation, straining the Fed's dual mandate of price stability and full employment. Markowski critiques the uncertainty around a 90-day tariff pause, questions June rate cut expectations, and highlights the market's sell-off, slamming Trump's pressure on the Fed as reckless while noting Powell's commitment to anchoring long-term inflation expectations. www.watchdogonwallstreet.com

Today, Gold hit another all-time high as warnings from Federal Reserve Chief Jerome Powell about the impact of the trade war fueled volatility on Wall Street, leading to sharp declines in stocks and the dollar. Jerome Powell spoke at the Economic Club of Chicago on Wednesday and said that policymakers would balance their dual responsibilities … Continue reading "Uncertainty Into Stagflation Spooks Markets, Lifts Gold (Again)…"

Jerome Powell gave a speech at the Economic Club of Chicago; Kevin unpacks the information and offers his insights, correcting the record and offering clarity. While at the MId-America Trucking Show, Kevin interviewed Beth Wilson, Manager of Engine Oil, DEF, After-Market Auditing Program, American Petroleum Institute. The U.S. Commerce Department released the March Retail Sales report; The Federal Reserve released the Manufacturing numbers for March and the Capacity Utilization report: Kevin has all the details and offers his insights.

Money and meaning are often treated as separate conversations, but what if they were deeply connected? How can we redefine wealth beyond financial success? What role does mindset play in achieving fulfillment? In this episode of Mitlin Money Mindset®, Larry Sprung speaks with Brian Portnoy, founder of Shaping Wealth, about the psychology of money and how financial well-being can lead to a more fulfilling life. Brian shares his concept of "funded contentment," the distinction between being rich and being wealthy, and how financial advisors can support clients beyond just numbers. Brian shares: His multifaceted career journey and how it led to founding Shaping Wealth The profound difference between being rich and being wealthy The concept of funded contentment and its transformative impact Insights on guiding the next generation toward meaningful financial planning The paradigm shift in financial planning from a product-focused approach to a relationship-centered one  And more! Resources: Mitlin Financial   The JOY and Productivity Journal by Lawrence Sprung  Download Your Free Copy of the Couple's JOYful Money Guide The Geometry of Wealth: How to shape a life of money and meaning Paperback by Brian Portnoy Connect with Larry Sprung:  LinkedIn: Larry Sprung Instagram: Larry Sprung Facebook: Larry Sprung X (Twitter): Larry Sprung Connect with Brian Portnoy:  LinkedIn: Brian Portnoy X: Brian Portnoy Instagram: Brian Portnoy Website: Shaping Wealth About our Guest: Brian Portnoy, Ph.D., CFA, is an expert in the psychology of money. He is the founder of Shaping Wealth, the global wealth industry's premier learning & training platform for human-first financial guidance. Brian's three behavioral finance books have been published in 15 languages, and one of them, The Geometry of Wealth, inspired his current venture. He previously worked for nearly 20 years in the hedge fund and mutual fund industries as an investor, researcher, and educator. He serves on the ambassador's council of the Alliance for Decision Education, is a CFA Charterholder, and is a member of the Economic Club of Chicago. Brian earned his doctorate at the University of Chicago and his undergraduate degree at the University of Michigan. Disclosure: Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest's content linked on this site.  

April 14, 2025 ~ Sandy Pierce, Detroit Economic Club Board Chair and Presiding Officer for today's event joins Tony Michaels and Rachel Stewart in for Paul W Smith.

Jon Hartley and Robert Barro discuss Robert's career in economics including his long list of famous students, and research on Ricardian equivalence, fiscal theory of the price level, government spending multipliers, business cycles and the legacy of New Keynesian modeling, economic growth, political economy, the interplay between religion and economics, and much more. Recorded on March 18, 2025. ABOUT THE SPEAKERS: Robert J. Barro is a Paul M. Warburg Professor of Economics at Harvard University, a visiting scholar at the American Enterprise Institute, and a research associate of the National Bureau of Economic Research. He has a Ph.D. in economics from Harvard University and a B.S. in physics from Caltech. Barro is co-editor of Harvard's Quarterly Journal of Economics and has been President of the Western Economic Association and Vice President of the American Economic Association. He was a viewpoint columnist for Business Week from 1998 to 2006 and a contributing editor of The Wall Street Journal from 1991 to 1998. He has written extensively on macroeconomics and economic growth. Recent research involves rare macroeconomic disasters, corporate tax reform, religion & economy, empirical determinants of economic growth, and economic effects of public debt and budget deficits. Recent books include The Wealth of Religions: The Political Economy of Believing and Belonging (with Rachel M. McCleary), Economic Growth (2nd edition, with Xavier Sala-i-Martin), Nothing Is Sacred: Economic Ideas for the New Millennium, Determinants of Economic Growth, and Getting It Right: Markets and Choices in a Free Society. Jon Hartley is currently a Policy Fellow at the Hoover Institution, an economics PhD Candidate at Stanford University, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), a Senior Fellow at the Macdonald-Laurier Institute, and an Affiliated Scholar at the Mercatus Center. Jon also is the host of the Capitalism and Freedom in the 21st Century Podcast, an official podcast of the Hoover Institution, a member of the Canadian Group of Economists, and the chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as a Fixed Income Portfolio Construction and Risk Management Associate and as a Quantitative Investment Strategies Client Portfolio Management Senior Analyst and in various policy/governmental roles at the World Bank, IMF, Committee on Capital Markets Regulation, U.S. Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

BlackRock CEO Larry Fink speaks with Bloomberg's Erik Schatzker at the Economic Club of New York. Fink says he wouldn’t rule out another 20% drop in the market, but he views it as another long-term buying opportunity.See omnystudio.com/listener for privacy information.

March 31, 2025 ~ Senator Gary Peters talks to Paul W Smith live from the Masonic Temple for his Detroit Economic Club event.

Jon Hartley and Eugene Fama discuss Gene's career at the University of Chicago Booth School of Business since the 1960s and helping to start Dimensional Fund Advisers (DFA) in the 1980s, fat tails, the rise of modern portfolio theory, efficient markets versus behavioral finance, factor-based investing, the role of intermediaries, and whether asset prices are elastic versus inelastic with respect to demand. Recorded on March 14, 2025. ABOUT THE SPEAKERS: Eugene F. Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the "father of modern finance." His research is well-known in both the academic and investment communities. He is strongly identified with research on markets, particularly the efficient markets hypothesis. He focuses much of his research on the relation between risk and expected return and its implications for portfolio management. His work has transformed the way finance is viewed and conducted. Fama is a prolific author, having written two books and published more than 100 articles in academic journals. He is among the most cited researchers in economics. In addition to the Nobel Prize in Economic Sciences, Fama was the first elected fellow of the American Finance Association in 2001. He is also a fellow of the Econometric Society and the American Academy of Arts and Sciences. He was the first recipient of three major prizes in finance: the Deutsche Bank Prize in Financial Economics (2005), the Morgan Stanley American Finance Association Award for Excellence in Finance (2007), and the Onassis Prize in Finance (2009). Other awards include the 1982 Chaire Francqui (Belgian National Science Prize), the 2006 Nicholas Molodovsky Award from the CFA Institute recognizing his work in portfolio theory and asset pricing, and the 2007 Fred Arditti Innovation Award given by the Chicago Mercantile Exchange Center for Innovation. He was awarded doctor of law degrees by the University of Rochester and DePaul University, a doctor honoris causa by the Catholic University of Leuven, Belgium, and a doctor of science honoris causa by Tufts University. Fama earned a bachelor's degree from Tufts University in 1960, followed by an MBA and PhD from the University of Chicago Graduate School of Business (now the Booth School) in 1964. He joined the GSB faculty in 1963. Fama is a father of four and a grandfather of ten. He is an avid golfer, an opera buff, and a former windsurfer and tennis player. He is a member of Malden Catholic High School's athletic hall of fame. Jon Hartley is currently a Policy Fellow at the Hoover Institution, an economics PhD Candidate at Stanford University, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), a Senior Fellow at the Macdonald-Laurier Institute, and an Affiliated Scholar at the Mercatus Center. Jon also is the host of the Capitalism and Freedom in the 21st Century Podcast, an official podcast of the Hoover Institution, a member of the Canadian Group of Economists, and the chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as a Fixed Income Portfolio Construction and Risk Management Associate and as a Quantitative Investment Strategies Client Portfolio Management Senior Analyst and in various policy/governmental roles at the World Bank, IMF, Committee on Capital Markets Regulation, U.S. Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

The Economic Club of Minnesota celebrated the annual Bill Frenzel Champion of Free Trade Award event on March 12, 2025. Devry Boughner Vorwerk, chair of the award advisory committee, presented the award to the Honorable Kevin Brady, former congressman and former Chairman of the Joint Ways and Means Committee. Chairman Brady was chosen based on his dedication and consistent advocacy and leadership in advancing policies that promote free trade and economic growth. The audience was fortunate to hear perspectives on trade agreements, tax, and tariffs during a fireside chat between Chairman Brady and the Honorable Erik Paulsen, former congressman from Minnesota. Some key quotes were, “America first does not mean America alone, and America needs to get back on the trade field.” Chairman Brady's comments were very timely!

Jon Hartley and Raghuram Rajan discuss Raghu's research, his policy career including his time as the Governor of the Reserve Bank of India and the Chief Economic Adviser to the Government of India under Prime Minister Manmohan Singh, India adopting inflation targeting during his tenure, Rajan predicting the 2008 financial crisis, and economic growth in India, the legacy of his book Saving Capitalism from the Capitalists among many other topics. Recorded on February 19, 2025. ABOUT THE SPEAKERS: Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth. He was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016. Between 2003 and 2006, Dr. Rajan was the Chief Economist and Director of Research at the International Monetary Fund. Dr. Rajan's research interests are in banking, corporate finance, and economic development. The books he has written include Breaking the Mold: Reimagining India's Economic Future with Rohit Lamba,  The Third Pillar: How the State and Markets hold the Community Behind 2019 which was a finalist for the Financial Times Business Book of the Year prize and Fault Lines: How Hidden Fractures Still Threaten the World Economy, for which he was awarded the Financial Times prize for Business Book of the Year in 2010. Dr. Rajan is a member of the Group of Thirty. He was the President of the American Finance Association in 2011 and is a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40. The other awards he has received include the Infosys Prize for the Economic Sciences in 2012, the Deutsche Bank Prize for Financial Economics in 2013, Euromoney Central Banker Governor of the Year 2014, and Banker Magazine (FT Group) Central Bank Governor of the Year 2016. Dr. Rajan is the Chairman of the Per Jacobsson Foundation, the senior economic advisor to BDT Capital, and a managing director at Andersen Tax. Jon Hartley is a policy fellow, the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Bank of America Chairman & CEO Brian Moynihan says over-regulation of lenders is the main driver of customers being shut out of the US banking system and not political bias, “We bank everybody. The real question was about over-regulation frankly,” he said in an interview on "The David Rubenstein Show: Peer to Peer Conversations." This as President Trump publicly rebuked Moynihan at the World Economic Forum in Davos, Switzerland, accusing the bank of limiting business with certain clients. Moynihan also talked about his inflation expectations, working with the current administration and the company being a bank of opportunity. This interview was recorded February 25 at the Economic Club of Washington, DC.See omnystudio.com/listener for privacy information.

U.S. Treasury Secretary Scott Bessent mentioned in an interview, no one gave him credit or the administration credit for falling oil prices or lower interest rates. Obviously, he doesn't listen to ATN!! We have said many times that smart energy policies can benefit both American consumers, the economy and energy companies. Americas Commercial Transportation Research Co. reported used Class 8 sales for January, Kevin has the details and offers his insights. Kevin reacts and reviews the details of comments by Walmart CEO Doug McMillon on food prices and consumers at the Economic Club of Chicago. The U.S. Department of Agriculture reported on food imports; Kevin discusses this. Oil reacts to the dollar index hitting a four-month low, concerns over a possible U.S. recession and tariffs, anticipation of inflation data and crude oil inventory reports due later on today.

U.S. Treasury Secretary Scott Bessent mentioned in an interview, no one gave him credit or the administration credit for falling oil prices or lower interest rates. Obviously, he doesn't listen to ATN!! We have said many times that smart energy policies can benefit both American consumers, the economy and energy companies. Americas Commercial Transportation Research Co. reported used Class 8 sales for January, Kevin has the details and offers his insights. Kevin reacts and reviews the details of comments by Walmart CEO Doug McMillon on food prices and consumers at the Economic Club of Chicago. The U.S. Department of Agriculture reported on food imports; Kevin discusses this. Oil reacts to the dollar index hitting a four-month low, concerns over a possible U.S. recession and tariffs, anticipation of inflation data and crude oil inventory reports due later on today.

Our guest on the podcast today is Mellody Hobson. She's the author of a new book for children called Priceless Facts About Money. In addition, she's co-CEO of Ariel Investments, where she is responsible for management, strategic planning, and growth for all areas of Ariel outside of research and portfolio management. Additionally, she serves as chairman of the board of trustees of Ariel Investment Trust, the company's publicly traded mutual funds. Prior to being named co-CEO, spent nearly two decades as the firm's president. Outside of Ariel, Mellody has been active on corporate boards, including Starbucks, JPMorgan Chase, Estee Lauder, and DreamWorks Animation.BackgroundAriel InvestmentsBioAriel Community AcademyGratitude and Appreciation to Mellody Hobson, Starbucks“Just one Chicagoan made list of the 100 most powerful people in business,” by Jack Grieve, Crain's Chicago Business, Nov. 12, 2024“Why Sheryl Sandberg, Bill Bradley, and Oprah Love Mellody Hobson,” by Bethany McLean, Vanity Fair, March 30, 2015Book and MorePriceless Facts About Money“Mellody Hobson: ‘Most parents would rather talk about a condom than a credit card' ” by Madison Darbyshire, Financial Times, Dec. 10, 2024Oprah's Favorite Things 2024 List Is Here!“What Parents Get Wrong About Money and Their Kids” | The Oprah Podcast, Jan. 28, 2025Investing Discussions“Ariel Investments Starts New Fund to Tap Into Women's Sports,” by Miranda Davis, Bloomberg, Jan. 30, 2025“Mellody Hobson, Co-CEO & President, Ariel Investments,” The Economic Club of Chicago, Dec. 18, 2024.“Market Lessons from a Legendary Career of Doing Well by Doing Good,” 2024 Prime Quadrant Conference | Moderated by Mo Lidsky, Dec. 11, 2024“Solving the World's Hardest Problems with Mellody Hobson: Closing the Racial Wealth Gap,” Center for Strategic & International Studies, Aug. 28, 2024“Mellody Hobson on Taking Tough Feedback,” Ted Talk, June 15, 2021.“A Conversation with Mellody Hobson & Melonie Parker,” Catalyst Awards 2024, March 21, 2024.

Andrew, Ben, and Pedro discuss Ukraine negotiations, Bessent at the Economic Club of New York, FAST numbers, and various earnings. For information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure

LARRY KUDLOW: LARRY INTERVIEWS TREASURY SECRETARY SCOTT BESSENT AT THE ECONOMIC CLUB OF NEW YORK Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us a textTo start off the fall campaign in early September 1992, Bill Clinton arrives at the Detroit Economic Club to talk about his economic plan and how it will affect Michigan. He will take a few jabs at the incumbent President in the process too. Here you can hear Bill Clinton doing what he does best, give a detailed policy speech and make it interesting while also campaigning. He was really good at it as you will hear. This is the Economic speech in its entirety.  Questions or comments at , Randalrgw1@aol.com , https://twitter.com/randal_wallace , and http://www.randalwallace.com/Please Leave us a review at wherever you get your podcastsThanks for listening!!

The Economic Club of Minnesota kicked off the second half of the 2024-2025 season on Wednesday, February 26th. The audience was treated to a riveting conversation between Brian Sikes, Chairman, President and CEO of Cargill and Sri Zaheer, Dean Emerita, Carlson School of Management. Brian offered some wonderful advice to students and young professionals in attendance. “Do your job really, really, well, there are no shortcuts, there are no magic pills that you can take, treat people really, really well, and just say yes.” In addition to advice, Mr. Sikes discussed some topics that are top of mind, free trade and tariffs. Everyone in attendance was grateful to be present for this event! 

Bank of America CEO Brian Moynihan said swings in regulation mean the bank’s clients “can’t depend on us when they need us” and wants rules that “stick to the ribs.” Moynihan spoke with David Rubenstein at the Economic Club of Washington, DC. You can watch more of David Rubenstein’s interview with Bank of America CEO Brian Moynihan on “The David Rubenstein Show: Peer-to-Peer Conversations,” airing March 12 at 9 p.m. in New York.See omnystudio.com/listener for privacy information.

Jon Hartley and Federal Reserve Governor Adriana Kugler discuss the stance of monetary policy, the Federal Reserve balance sheet, the natural rate of interest (r-star), inflation, labor markets, productivity, entrepreneurship, the US economy, and the recent growth in Miami. Recorded on February 7, 2025. ABOUT THE SPEAKERS: Dr. Adriana D. Kugler took office as a member of the Board of Governors of the Federal Reserve System on September 13, 2023, to fill an unexpired term ending January 31, 2026. Prior to her appointment on the Board, Dr. Kugler served as the U.S. Executive Director at the World Bank Group. She is on leave from Georgetown University where she is a professor of Public Policy and Economics and was vice provost for faculty. Previously, she served as chief economist at the U.S. Department of Labor from 2011 to 2013. Dr. Kugler was also a research associate of the National Bureau of Economic Research and of the Center for the Study of Poverty and Inequality at Stanford University. Dr. Kugler's other professional appointments include being the elected chair of the Business and Economics Statistics Section of the American Statistical Association. She was also a member of the Board on Science, Technology, and Economic Policy of the National Academies of Sciences and served on the Technical Advisory Committee of the Bureau of Labor Statistics. Dr. Kugler received a BA in economics and political science from McGill University and a PhD in economics from the University of California, Berkeley. Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Jon Hartley and Joe Lonsdale discuss Joe's career, co-founding Palantir, Addepar, and OpenGov, venture capital investing, defense tech, DOGE, Elon Musk, regulation, and the prospects for generative artificial intelligence. Recorded on December 12, 2024. ABOUT THE SPEAKERS: Joe Lonsdale is the founder and managing Partner at 8VC, an early-stage venture capital firm managing over $6 billion in capital. In 2003, he founded Palantir Technologies (NYSE:PLTR), a global software company known for its work supporting US and its allies' defense and intelligence. Since then, he has founded more than a dozen prominent companies, including Addepar, a wealth management platform with about $5 trillion, and OpenGov, the leading cloud software provider for local governments. He continues to create and scale companies through the 8VC Build program.  As an investor, Joe was an early backer of companies like Anduril Industries, Oculus (acq.FB), Guardant Health (NASDAQ:GH), Oscar (NYSE:OSCR), Illumio, Wish (NASDAQ:WISH), JoyTunes, Blend (NYSE:BLND), Flexport, Joby Aviation (NYSE:JOBY), Orca Bio, Qualia, Synthego, RelateIQ (acq. CRM), Yugabyte, and others.  Joe and his wife Tayler are active in a variety of philanthropic and institutional pursuits. In 2018, they founded the non-partisan Cicero Institute, which crafts and advances policies to promote effective and accountable governance, and is now successfully battling special interests with teams in over a dozen states. In 2021, Joe became the founding chairman of the board of the University of Austin(UATX), a new university dedicated to restoring the pursuit of truth in higher education. He also sits on the board of the Ronald Reagan Presidential Foundation & Institute. ​  Joe, Tayler, and their four daughters live in Austin, TX. Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Jon Hartley and Douglas Irwin discuss Doug's career, the history of US trade policy, tariffs, globalization, the consumer and labor market effects of trade, the World Trade Organization, and industrial policy. Recorded on January 9, 2025. ABOUT THE SPEAKERS: Douglas Irwin is John French Professor of Economics at Dartmouth College. He is the author of Clashing over Commerce: A History of U.S. Trade Policy (University of Chicago Press, 2017), which The Economist and Foreign Affairs selected as one of their Best Books of the Year. He is president-elect of the Economic History Association (2022-23). He is the author of Free Trade Under Fire (Princeton University Press, fifth edition 2020), Trade Policy Disaster: Lessons from the 1930s (MIT Press, 2012), Peddling Protectionism: Smoot-Hawley and the Great Depression (Princeton University Press, 2011), The Genesis of the GATT (Cambridge University Press, 2008, co-authored with Petros Mavroidis and Alan Sykes), Against the Tide:  An Intellectual History of Free Trade (Princeton University Press, 1996), and many articles on trade policy and economic history in books and professional journals. He is a Research Associate of the National Bureau of Economic Research and a non-resident Senior Fellow at the Peterson Institute for International Economics. He worked on trade policy issues while on the staff of President Ronald Reagan's Council of Economic Advisers and later worked in the International Finance Division at the Board of Governors of the Federal Reserve System in Washington, D.C. Before joining Dartmouth, Irwin taught at the University of Chicago's Booth School of Business. Follow Douglas Irwin on X: @D_A_Irwin Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Steven Collens, CEO of MATTER, an incubator & innovation hub, discusses his journey and the impactful work MATTER does in healthcare innovation. Steven shares his transition from Abbott Labs and Capitol Hill to leading MATTER, emphasizing the importance of collaboration in accelerating healthcare advancements. He provides insights on how MATTER supports both startups and large companies and also reflects on personal moments that confirm his career path and the strengths that help him lead in the industry. Guest links: https://matter.health   Charity supported: Innovation Development Institute Interested in being a guest on the show or have feedback to share? Email us at theleadingdifference@velentium.com.  PRODUCTION CREDITS Host: Lindsey Dinneen Editing: Marketing Wise Producer: Velentium   EPISODE TRANSCRIPT Episode 047 - Steven Collens [00:00:00] Lindsey Dinneen: Hi, I'm Lindsey and I'm talking with MedTech industry leaders on how they change lives for a better world. [00:00:09] Diane Bouis: The inventions and technologies are fascinating and so are the people who work with them. [00:00:15] Frank Jaskulke: There was a period of time where I realized, fundamentally, my job was to go hang out with really smart people that are saving lives and then do work that would help them save more lives. [00:00:28] Diane Bouis: I got into the business to save lives and it is incredibly motivating to work with people who are in that same business, saving or improving lives. [00:00:38] Duane Mancini: What better industry than where I get to wake up every day and just save people's lives. [00:00:42] Lindsey Dinneen: These are extraordinary people doing extraordinary work, and this is The Leading Difference. Hello, and welcome back to another episode of The Leading Difference podcast. I'm your host, Lindsey, and today I'm delighted to introduce you to my guest, Steven Collens. Steven is the CEO of MATTER, the premier healthcare incubator and innovation hub. MATTER opened in February 2015 and nurtures entrepreneurs and innovators building next generation health IT, medical device, diagnostic, and biopharma technologies. MATTER has worked with more than a thousand healthcare technology ventures and the company partners with dozens of industry leading companies, health systems, and universities. Steven holds an MBA from Northwestern University's Kellogg School of Management and a BA from Washington University in St. Louis. He chairs the board of Hubbard Street Dance Chicago and serves on the boards of 1871 and the Chicago High School for the Arts. He is a member of Chicago Next, the Chicago Mayor's Council of Technology and Innovation, a Leadership Greater Chicago Fellow, and a member of the Economic Club of Chicago and the Commercial Club of Chicago. Well, thank you so much for joining us, Steven. I'm so excited to be here talking with you today. [00:01:57] Steven Collens: It's a pleasure to be here. Thanks for having me. [00:01:59] Lindsey Dinneen: Of course! Well, I would love if you would start off by sharing a little bit about yourself, your background, and maybe what led you to MedTech. [00:02:09] Steven Collens: So myself, I guess it's all intertwined together, so after business school, I went to work at Abbott and I was at Abbott labs for about 10 years. That was my introduction into healthcare and medical technologies of any sort. And after that, I went to work at an investment firm. On behalf of them, started an incubator that was not focused on healthcare, and then had the opportunity to do what ultimately became MATTER, which was starting something that could really help accelerate the pace of change of healthcare and figuring out how to combine elements and do that. And our basic thesis at MATTER is that collaboration is the way to accelerate the pace of change of health care. And so MATTER is structured as a not for profit entity. We functionally incubate startup companies. They are different types of technology. It's primarily software and devices. They're all over the world. It's a membership model and we've got a suite of resources to help them at different stages of growth. And then on the other side of it, we work with big companies, so big life sciences companies, health systems, insurance companies, and we help them innovate more effectively. We help them collaborate with entrepreneurs. We help them harness innovation in ways that they're otherwise not necessarily wired to do. And by putting all of that together you know, almost 10 years in, we like to think and certainly hope that we're helping make a change in healthcare. [00:03:40] Lindsey Dinneen: Yeah, I know you are and I know that by your mission and the way that you go about your organization, and it's very exciting to see how the companies that have come through the program have continued to thrive. And I was wondering if any of those, particularly companies that you've worked with, really stand out to you in terms of making a huge difference in the way that you could come alongside them and work with them to make that difference. [00:04:09] Steven Collens: Yes, for sure. There are companies where people come in and they come from the healthcare industry and they know a lot, and the ways that we help them are different than companies where the entrepreneurs come in and they're not necessarily from the industry. And we love working with all of them. We will work with entrepreneurs, but we don't have anywhere near the level of screening that a venture capital firm would do, where it's a more of a democratized approach. We look for companies that are trying to solve something that's meaningful in healthcare. So if they are successful, they will help advance healthcare in a direction that's meaningful. We look for entrepreneurs and teams that give us some reason to believe they can be successful. Could be prior success, it could be that we're just so impressed by how smart they are. It could be their passion. It could be some combination of a variety of things. It could be somebody else has invested in them already. And like, "Well, we know they did a lot of diligence." And then the only other criteria is like people we want to work with and be around and that are going to increase the general level of joy and happiness in our environment. And so, there's one guy who met his co founder at MATTER. He's more of the business guy. The co founder was more of the inventor, scientist guy and, you know, it's an example of a company that's solving one of these problems that if you're not in healthcare, you just sort of scratch your head as to, which in healthcare, there's like an endless number of these problems where if you look at it with a more rational lens or from an outside perspective, you're like, "Huh, that's how healthcare works? I don't, that's so strange." It's a device for when a surgeon is putting screws into a bone, the way that they need like a, some sort of a depth gauge to determine what size screw to use. And it's like a reusable thing that they all use. It's totally analog. It's not a sophisticated piece of technology. They learn how to use it when they're doing their training and they just keep using it. And obviously they wash it and sterilize it, but you know, it's not ideal for a lot of reasons. And so this company developed a digital and disposable version that is more accurate, more sanitary, obviously, you know, we don't always want to advocate for things that are disposable versus reusable, but in this case, having this combination of accuracy and not dealing with any issues around sterilization and cleanliness, is a big improvement. And, it's a medical device, took a couple of years to develop. Again, he met his co founder at MATTER. He met a lot of other people who provided different guidance and advice and support and financing through MATTER. And so now the products in market and doing great, and they're working on other other products. So that's one of the companies that, that pops to mind. I mean, I, we could use up the entire time talking about different companies, but I'll pause there. [00:07:27] Lindsey Dinneen: Yeah, I'm sure that we could. So, at the beginning, you talked about collaboration and how that can be the key to success for these companies that you're working with. And I'm wondering, I feel very strongly that collaboration is the key in so many ways to amplify success, and even to get to a point of success, because we don't know everything ourselves, but how do you get past-- and or help up maybe some of the companies that you work with-- get past sometimes a more competitive mindset where it's hard because you're very protective of your IP, you're very protective of your process and your business. So how do you help companies understand the value of collaboration and what we can do together to rise together? [00:08:11] Steven Collens: I think it's such an interesting question, and I'll take you all the way back to when we first were creating MATTER. And so I had just recently built this other incubator, not focused on healthcare, more like web mobile tech stuff at the time. And I was working with the same architecture firm and real estate people. And one of the things that we were trying to figure out, because we knew it needed to be different, for that because healthcare is different. It's a different set of people. It's different archetypes. In some cases, it's even different motivations. It's just, it's a different milieu. And one of the things that we spent a lot of time trying to figure out was, IP is so much more important when you're dealing with medtech as compared to your average software company, which is more about speed of execution. And I mean, it's about a lot of things, but it's, in the early days of most software companies, IP isn't top of mind. Whereas in the early days of most medtech companies, IP is top of mind. And how is that going to work? Are people going to be collaborative? And so we spent a lot of time, we talked to lots of people, tried to figure out how to deal, it turns out it like doesn't even matter. For 95 percent of the entrepreneurs out there, obviously they care about their IP, but there's collaboration in two veins. One is, other entrepreneurs are not doing the exact same thing. They're almost never directly competitive. Knock on wood, we've supported a thousand companies who've been around for 10 years, and we have not had one entrepreneur steal another entrepreneur's technology and try to run with it. God forbid that we land in that stage. The more complicated question is in dealing with the large players in the industry. And so on that dimension, some of the entrepreneurs are reasonably a little bit careful. Our basic thesis is that if you are building a new technology that you're trying to put into the healthcare system, you need to know more than you probably think that you need to know about how that system works, how things get paid for workflow solutions, decision making processes. It's just, there's so many areas of healthcare. Even if you've been in healthcare, unless you're just exactly in the space that you know inside out and backwards and forwards, there are so many areas and aspects of healthcare that are not intuitive, that frankly, if you were coming up with a design system, you'd never design something that way, because this doesn't make a lot of sense. But that's how it works. And you need to understand all of that if you're an entrepreneur in order to be successful. And so, one of the ways that we help with that, we've got lots of mentors and executives and residents and folks, but we also have lots of relationships across the industry with payers and with providers and with medtech companies and pharma companies and software companies, big ones. And they are immense sources of knowledge and resources and understanding. We have actually had one case where a large company met with one of our startups that was not really a medtech company. It was not a regulated device and they didn't have any IP. Just had an idea, they had a prototype of it, and the company basically went and did it on their own and it was really quite disappointing. And so we did not bring them back for anything. And, that was disappointing. So far, it's a one in 1000 events and that still more than we want to have, and hopefully we won't have that again. And we spend a lot of time with these large companies, and for the most part, they understand what the dynamic is, and they come and work with us for multiple reasons. One of those reasons is that generally large companies cannot innovate as fast as technology is evolving. And so if they want to capitalize on new and emerging developments, new and emerging technologies, one of the best ways to do that is find entrepreneurs to work with, maybe eventually by the company, it depends on the dynamics could be, you make an investment, could be you just collaborate, could be you buy it. I mean, there's all sorts of different structures, but that is a tried and true way of accelerating innovation within a large company to advance goals. The challenge is that large companies don't necessarily know how to find the right entrepreneurs. Once they find them, they don't necessarily know which ones to work with. It's not as straightforward as picking Deloitte or Accenture or something with a massive track record. And so it's more complicated than that. And then once they do decide to work with one, working with an early stage startup is a very different experience than working with a very large company. And a lot of large companies just aren't very good at that. And so that's, we help them. And again, 99. 9 percent of the time so far, it's been successful. [00:13:39] Lindsey Dinneen: Yeah. Well, thank you for sharing about that and your philosophy behind it. And also, I appreciate you being willing to share that one story because it's, you know, even though of course we wish that would not happen and never did happen, but the idea that you can still be successful in collaboration and there's still so much opportunity for mutual growth and learning. And yeah, you might have the bad actor every once in a while, but for the most part, to your point, 99. 9 percent of people really have that spirit of collaboration, which is great. So now you come into MedTech from a different background than some other folks. And so I was wondering if you might share a little bit about your early career and how that actually helps you now, because those skills I'm sure translate a little bit, but I would just be curious to know a little bit more about how that has played into your career. [00:14:35] Steven Collens: Yeah, well, my early career, so I in college, I studied political science and French literature, like the farthest thing from, I walk by the engineering building and be like, "I don't, I have no idea what's going on in there. I'm going to go back to my French literature class where I feel comfortable." And then I went to work on Capitol Hill. So I, I was an aide to a Senator for almost six years. Spent most of that time working on education policy and transportation policy, loved it, but sort of looked around at a certain point and there weren't a lot of people where I, I looked and I said, " In 20 years, I want to be like that." And it wasn't obvious to me what my longer term trajectory is. I didn't have the faintest idea what I wanted my longer term trajectory to be. So, you know, I sort of, tried and true strategy went to grad school. So that's when I went to business school and I ended up at Abbott because, when I came out of business school Abbott at the time had a kidney business, a renal business, and they made a drug for dialysis patients. At the time it was a 300 million or so product and Medicare, and this was a long time ago, the structure of how dialysis treatments get paid, get are paid for as different now than it was then. But at the time, this drug had was in the process of replacing a generic version, which Abbott also sold and it had been engineered and tweaked in a way that ultimately some researchers at Harvard that we had nothing to do with showed that it had a survival benefit compared to the old one. But before we, before they showed up on our doorstep with this New England Journal of Medicine study that they were, it hadn't been published yet, but they said, "Hey, just FYI. We're, we've done this massive analysis and the New England Journal of Medicine is going to be publishing it and your drug prolongs life and there's a survival benefit based on all these." And we're like, "We thought that, but thank you for proving it." Before that, Medicare looked at these two drugs and they said, "These are basically the same thing. One of them is way more expensive than the generic one. And we want doctors to stop prescribing that because we don't see the evidence." And, you know, obviously we believed in our own data and we showed it, but they did whatever analysis they did and they came to a different conclusion. And so they were trying out these different tools that they've never used before, because Medicare doesn't have the right, the ability today, and certainly not back then even less, but not today, to dictate what doctors can use and what they can't use. And they were trying out these new tools to effectively get around that and force doctors to use the generic. And so the business unit within Abbott was looking for a couple of people who had a mix of business and an understanding of politics and policy and how Washington works, and so I joined that team and focused for the first year and a half or two years on trying to solve this problem that Medicare was trying to essentially put this business out of business. And then after we've solved that, I had a more traditional marketing job and then I kind of moved around within the company. Some of those jobs I had within the company are directly tied back to the experience I had in Washington. So I wouldn't have gotten that job, first of all, had I not had that Washington experience. After my sort of stint as a normal product marketer I went and wrote speeches for the CEO, which I was only qualified to do because I'd written a thousand speeches when I was in Washington. And so that moved me then into sort of a role around messaging and communications for the company, which I was in for a while in different roles. Fast forward, when I left Abbott, I went and I joined this investment firm. I was effectively the chief of staff to the to the guy who was running or one of the two guys who was running the firm. I certainly wouldn't have, without that foundation from what I learned in DC, which was partly about messaging and communications and policy and things like that, but also it was a really strong foundation in two other things. One of just understanding how the world works and how people and groups interact with each other to advance their goals and how that happens. And also how to mobilize other people and organizations to help accomplish one's goals. And so that was part of what fed into me getting that job at the investment firm. Building MATTER, and even the incubator before, I approached as very much a listening exercise to the community. Now I would say it was very much following a design thinking or a lean startup or those sorts of things where it's, we'd come up with some ideas and then go bounce it off the market and see what entrepreneurs or other stakeholders wanted. And they don't call it that in politics, but I certainly learned how to do that on Capitol Hill, because in order to get anything done, you need a lot of different stakeholders to both be bought into what you're doing. In some cases, you need them to think it's their idea. And so, so certainly that was very helpful and continues to be really helpful in building and then operating and running MATTER. [00:20:33] Lindsey Dinneen: Yeah. Yeah. Well, thank you for sharing a little bit more about your background and how it has actually aided you getting a few different of the roles that you've had. I think there's always, if you look back, maybe some purpose to the meandering that sometimes happens where you go, "Oh, okay, here I am in MedTech!" And maybe didn't expect it, but I love how it worked out. So are there any moments that stand out to you as confirming along your career, maybe especially with MATTER, but even beforehand, as confirming that "I am in the right place at the right time in the right industry?" [00:21:13] Steven Collens: Yes. I mean, there's so many. When I left the firm to, and then was starting MATTER, I assumed I would do this for two or three years. I kind of get it up and running and everything. And then I go do something different. I'm still here, just about 10 years later, which sounds to me like a really long time. And I, so I think about, and I have for probably the last five or six years, regularly think about, "Is this really what I want to be doing?" I've been doing this for a long time and, is this really the direction I want to go? And so there's a lot of things that, that keep me engaged and enthusiastic about what I'm doing. So one of those is, it's probably hyperbolic to say every day, but every week, the kinds of people I get to work with and the kinds of things that they are thinking about and trying to solve, I find very energizing. I love working with entrepreneurs. They, for the most part, are people where their passions are aligned very closely with what it is that they're doing and building. If you want to build a successful startup, you have to be all in. You have to just be passionate about it and committed to it and dedicated to it. And you're giving a part of your life to building this thing and this company. I find that archetype just really energizing to be around, and to be able to help folks like that, I find endlessly enjoyable and and satisfying. And on the other side of what we do, the people within these large companies that we work with are, almost by definition, trying to push the company in ways that it's not already going. They're trying to push boundaries. They're trying to change things because they are driven by this mission. It's much easier if you're in a big company to just go with the flow. And a lot of people do that. And you need a lot of people to do that in a large company. The things that large companies do really well, they don't do really well because every single person in the company is trying to constantly push the boundaries and innovate and change things. The company couldn't work like that. But there's a subset of people who are trying to do that and they're trying to push harder. And they're trying to go in different directions and experiment and try things, and we get to help them. And I also find that endlessly engaging and interesting and rewarding. A couple of years ago I did a-- I love personality tests and all these different kinds of things. And so I did one, it wasn't really a personality test, but it was a fairly detailed exercise of, "Are you in the right role in the right industry and are you doing the thing you should be doing?" And I went through this whole thing and what came back was a resounding "yes" that when you just, when you look at it in a whole bunch of different dimensions, this really fits. Is it the only thing that I could be doing that? Of course not. Would I be just as happy and in other roles? For sure. But I get a lot of satisfaction and joy from the work that we're able to do, from the team that I'm able to do it with, and the people that we're able to help. [00:24:43] Lindsey Dinneen: Yeah. Yeah. That's incredible. Thank you for sharing about that. So pivoting the conversation just for fun, imagine that you were to be offered a million dollars to teach a masterclass on anything you want. It can be in your industry, but it doesn't have to be. What would you choose to teach? [00:25:03] Steven Collens: Wow. A million dollars to teach a class on anything I want. There's some interesting triangulation of of what I'm actually capable of doing, but I guess if I had a million dollars to do it, I could become a lot better at something. It's an interesting way of asking about passions and things like that. It would probably be something around hiking and outdoors and camping and functioning in nature, which is how I spend a lot of my free time. But I'd also would love to teach a masterclass on healthcare innovation and healthcare technology. I think more people would probably benefit from that than a class on hiking. But I like to think that I've learned a lot over the last 10 years about what makes healthcare innovations go farther, go faster and be successful, even if they're coming from different lenses. They're coming from large companies, if they're coming from entrepreneurs, if they're coming... and our healthcare system just needs an endless amount of innovation and technological advancement and, you name it, it needs everything. And so if I could impart some of what I hope I've learned over the last 10 years doing this, plus 10 years at Abbott labs and other things, but I would love to do that. And it would probably be more useful than a class on the outdoors. [00:26:36] Lindsey Dinneen: Okay, well I think both sound like good classes, so we can do both. It can be a yes and! [00:26:42] Steven Collens: Excellent. [00:26:43] Lindsey Dinneen: Alright, and how do you wish to be remembered after you leave this world? [00:26:48] Steven Collens: You know, I'm not a religious person, but one of the 613 rules in the Old Testament is basically like a catch all for other things, but if you take aside from all of the prescriptive, very specific ones, there's one that is just, "be holy." And the point of it is that, in this case, God, writes all of these rules about how people are supposed to act in order to create a functioning society. But the people will always get around that if given the opportunity. It doesn't matter how many rules you have. It doesn't matter how prescriptive they are. People have the innate ability, and a lot of people will, figure out work arounds and ways to get around it. And so this one is supposed to be the catch all for that. Again, I'm not a religious scholar. I'm not even religious, but this is my understanding, and I love this as a concept. And so by being holy, you're supposed to think about what is the intention of all of the different rules or the rules that are tangential or this, what am I trying to accomplish? And is my behavior and action going to contribute to the kind of world that I think that I want to live in. And so, I would love to be remembered for somebody who is acting that way. And that's hopefully people see that or look back, the kinds of decisions I've made, the kinds of things I've done, the kinds of actions I've taken, and see it as a form of being holy in that sense. [00:28:44] Lindsey Dinneen: I love that. That's a very thoughtful answer. Thank you for expounding on that too. I really appreciate that. And final question, what is one thing that makes you smile every time you see or think about it? [00:28:58] Steven Collens: I mean, every time is a challenge. Most of the time, our six year old kid. Probably dog, most of the time, maybe even... the dog's a lot less complicated than the six year old. And so the level of feelings are not as quite as depth, but also it's a more of a pure, she's just a sweet, lovable dog. So maybe it's the dog. [00:29:25] Lindsey Dinneen: I love it. Dogs are wonderful. [00:29:28] Steven Collens: I don't mean to say that I love the dog more than the kid. It's just very specifically your question about. [00:29:35] Lindsey Dinneen: it is specific. [00:29:37] Steven Collens: Yeah. [00:29:38] Lindsey Dinneen: I love that. I love that. Great answer. Well, I just really appreciate your time today. Thank you so much for joining me. Thank you for sharing about your background, your career, MATTER and how you are encouraging people to do things that matter. I really appreciate the way that you have this collaborative spirit and are helping to propel these companies to success. So thank you for all of the work you're doing. Thank you for joining me. And we just wish you the most continued success as you work to change lives for a better world. [00:30:10] Steven Collens: Well, and thank you so much for having me. It's been a pleasure. [00:30:13] Lindsey Dinneen: Excellent. And thank you also to our listeners for tuning in. And if you're feeling as inspired as I am at the moment, I would love it if you would share this episode with a colleague or two, and we will catch you next time. [00:30:28] Ben Trombold: The Leading Difference is brought to you by Velentium. Velentium is a full-service CDMO with 100% in-house capability to design, develop, and manufacture medical devices from class two wearables to class three active implantable medical devices. Velentium specializes in active implantables, leads, programmers, and accessories across a wide range of indications, such as neuromodulation, deep brain stimulation, cardiac management, and diabetes management. Velentium's core competencies include electrical, firmware, and mechanical design, mobile apps, embedded cybersecurity, human factors and usability, automated test systems, systems engineering, and contract manufacturing. Velentium works with clients worldwide, from startups seeking funding to established Fortune 100 companies. Visit velentium.com to explore your next step in medical device development.

January 21, 2025 ~ Terry Rhadigan, Strategic Advisor Detroit Regional Chamber, Chairman Detroit Sports Organizing Corp and Board Member Automotive Hall of Fame joins Paul W Smith at the Detroit Economic Club.

Jon Hartley and David Beckworth discuss David's career, monetary policy, the history of Nominal GDP targeting as an idea along with its benefits and challenges, the history of inflation targeting along with its recent evolution, the Fed's recent framework reviews, as well as corridor (scarce reserves) versus floor (ample reserves) systems. Recorded on January 7, 2025. ABOUT THE SPEAKERS: David Beckworth is a senior research fellow at the Mercatus Center at George Mason University and director of the Mercatus Center's monetary policy program. His primary research focuses on the targets, tools, operating system, and governance of the Federal Reserve, and has included work on the US Treasury market, the safe asset shortage, and dollar dominance. He has advised congressional staffers and Fed officials on monetary policy and has been cited by the Wall Street Journal, Financial Times, New York Times, Bloomberg Businessweek, and the Economist.  Beckworth is also the host of Macro Musings, a weekly podcast on macroeconomics, where, since 2016, he has interviewed hundreds of experts, including regional presidents of the Federal Reserve, Nobel laureates, and leading academics from around the world. He is the author of Boom and Bust Banking: The Causes and Cures of the Great Recession (Independent Institute, 2012). Formerly an international economist at the US Department of the Treasury, he earned his PhD in economics from the University of Georgia.  Follow David Beckworth on X: DavidBeckworth Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

Eli Lilly is the world's most valuable drug company, known for its blockbuster anti-obesity drugs that's transforming America. In an episode of "The David Rubenstein Show: Peer to Peer Conversations," CEO Dave Ricks talks about how the company will begin studies this year to see if its weight-loss medicines can also be used to treat addictive behaviors like alcohol abuse, smoking and drug addiction. He also discusses how the company is tackling the issue of counterfeit drugs, as well as the other projects they have on the pipeline. This interview was recorded on December 10 at the Economic Club of Washington DC. See omnystudio.com/listener for privacy information.

In this episode of BioTalk, Bill Tompkins, President and CEO of the Montgomery County Economic Development Corporation (MCEDC), discusses the strategies driving Montgomery County's position as a leading bioscience hub. Bill highlights MCEDC's role in reinforcing the region's standing as the third-largest bioscience cluster in the U.S. and shares insights into the new Institute for Health Computing. He also introduces two new venture funds—the Technology Innovation Fund and the Founders Fund—designed to accelerate innovation and support local entrepreneurs. Bill outlines MCEDC's priorities for the upcoming year, emphasizing economic growth, investment opportunities, and fostering collaborations that make Montgomery County a thriving ecosystem for business and life sciences. Bill Tompkins is the President and Chief Executive Officer of the Montgomery County Economic Development Corporation (MCEDC), based in Rockville MD. He leads a team of twenty-five diverse professionals who work to fulfill the mission of making Montgomery County one of the best, most diverse and equitable places to be in business in the country. Bill was previously Executive Vice President and Chief Operating Officer and has been with MCEDC since January of 2019. Bill has a seasoned background in marketing, business operations, strategic planning, and nonprofit management, with most of his career serving as a senior executive in the media and entertainment industries with Fortune 500 companies. Bill also ran a consulting practice which advised companies on strategic business opportunities and brand transformation strategies. From May 2014 until August 2015, Bill was Vice President, Advertising and Marketing at The Philadelphia Tribune. He made a strategic investment in The Tribune to help ensure the long-term sustainability of Black media in the US. In July 2012, he was named President and CEO of the National Newspaper Publishers Association, a Washington based organization, which represents over two hundred Black owned and operated newspapers across the nation. Bill joined the Eastman Kodak Company in 2000 as Chief Marketing Officer for the Entertainment Imaging Business unit and became Vice President and General Manager of the Motion Picture Film Group while also serving as a corporate vice president. Prior to Kodak, Bill spent nineteen years from 1982 until 2000 at The Washington Post Newspaper in a variety of executive positions. His most recent position there was Vice President of Marketing with most of his career spent in the Advertising and Circulation Departments. Bill has been in active leadership positions on several nonprofit Boards including the Mosaic Theater Company of DC where he is Treasurer and the former Chair of the Board, Rockville Economic Development (REDI), Worksource Montgomery and the Advisory Boards of the Universities at Shady Grove and Montgomery Moving Forward. He was previously Chairman, National Kidney Foundation, National Capital Area, member, Board of Directors, California Chamber of Commerce, the Advertising Council, the Studio Theatre, The Washington Convention and Visitors Association, The Boys and Girls Clubs of Greater Washington, the American Black Film Festival Advisory Board, and The Helen Hayes Awards Committee. He is also a member of the Executive Leadership Council, and a graduate of Leadership Washington. Bill is a member of the Economic Club of Washington, the Executive Leadership Council, and a graduate of Leadership Washington. Bill received his MBA from the Harvard Business School where he was a General Motors Fellow and received his BA in Economics, magna cum laude from Tufts University. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).

On December 18, 2024, Major Garrett, Chief Political Correspondent, CBS News, returned to the stage at the Economic Club of Minnesota. Major provided the audience with an interesting historical perspective by comparing two non-consecutive seated Presidents, Grover Cleveland and Donald Trump. While President Grover Cleveland's term was during the Gilded Age, President Trump's terms are both happening during the Digital Age. Both are animated by massive economic shocks and high expectations, both internally and externally. Major has vast experience and knowledge from covering 5 presidents in his career. He concluded his remarks, leaving the audience with this thought, “History tells us, sometimes it works, sometimes it doesn't. One thing we know, the Gilded Age and the Digital Age have a lot to tell us about where we're headed.” The Honorable Tim Penny moderated Q & A with Major. Tim posed a few questions about Major's books, the recent presidential election, the transition, and the change in candidates from Biden to Harris. Major addressed some poignant questions from the audience. It's worth taking the time to listen to or watch the recording of this event!

Jon Hartley and Myron Scholes discuss Myron's career, including being at the University of Chicago at the dawn of financial economics as a field, how Myron met Fischer Black, and the development of the Black-Scholes option pricing model, investing, innovation, and financial regulation. ABOUT THE SPEAKERS: Myron Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black-Scholes options pricing model. Scholes was awarded the Nobel Prize in 1997 for his new method of determining the value of derivatives. Scholes is currently the chairman of the board of economic advisers of Stamos Partners. Previously, he served as the chairman of Platinum Grove Asset Management and on the Dimensional Fund Advisors board of directors, American Century Mutual Fund board of directors, and the Cutwater advisory board. He was a principal and limited partner at Long-Term Capital Management, L.P., and a managing director at Salomon Brothers. Other positions Scholes held include the Edward Eagle Brown Professor of Finance at the University of Chicago, senior research fellow at the Hoover Institution, director of the Center for Research in Security Prices, and professor of Finance at MIT's Sloan School of Management. Scholes earned his PhD at the University of Chicago. Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

On Tuesday's Mark Levin Show, can you think of any reason why there shouldn't be requirements for voter ID to prove that you are an American citizen? Can you think of any reason why a non-citizen should be permitted to be on a voter list for a state, thereby being capable of voting? The DOJ is suing Gov Glenn Youngkin for fulfilling his role and assuring that only legal citizens are able to vote on November 5th. Also, Christopher Rufo calls in to discuss his exclusive report that Kamala Harris plagiarized large sections of her book, Smart on Crime. Decades ago, this would have knocked Harris out of the race, but those standards don't exist anymore. We now have propaganda by censorship in the media. Later, the Democrats are working closely with unconstitutional Jack Smith to use his filing as a basis for impeaching Donald Trump if he's elected. Democrats are also launching a judicial power grab in case Trump wins in November. These Democrats have no intention of accepting the election results. Afterward, it's not a perfect analogy but Trump's view on tariffs are more akin to President William McKinley's. McKinley saw rapid economic growth after a depression. Finally, Trump was at the Economic Club of Chicago and every question from the Bloomberg News host was screamingly hostile and his attitude was condescending and off putting. This is a perfect illustration of the corrupt media aggregated into this single guy's performance. And yet, Trump handled it all with a great temperament, skill and substance. There's no way Kamala Harris could cope with anything like that on any level. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dave Rubin of “The Rubin Report” talks about Donald Trump's contentious interview with Bloomberg editor in chief John Micklethwait at the Economic Club of Chicago over the efficacy of tariffs; Kamala Harris' disaster interview with “The Breakfast Club's” Charlamagne tha God; “Meet the Press'” Kristen Welker being shocked by pollster Steve Kornacki revealing how Trump is pulling ahead of Kamala Harris in almost all key polling categories; MSNBC's John Heilemann telling “Morning Joe's” Joe Scarborough that it's time for Democrats to start panicking; Larry David revealing to CNN's Chris Wallace that his Trump derangement syndrome has only worsened; Nancy Pelosi telling "Politics Weekly America" how her relationship with Joe Biden has disintegrated since the Biden coup; Ryan Girdusky educating CNN's Abby Phillip and Bakari Sellers about the Ferguson effect; and much more. WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Preserve Gold - Preserve Gold can get physical gold and silver delivered right to your door or inside your IRA, 401k or other qualified retirement account. Rubin Report viewers will get up to $15,000 in free Gold and Silver with a qualifying purchase. Text the word “DAVE” to 50505 Brightcore Nutrition LLC - Achieve youthful skin, radiant hair, and stronger bones & joints. Go to: https://mybrightcore.com to get 25% off their order with CODE: RUBIN Or call (888) 508-9296 for even greater discounts and free shipping on every order! 1775 Coffee - Their new Protein Creamer is a game-changer. With 10 grams of whey protein per serving. Rubin Report viewers get 15% off their order. Go to: https://1775coffee.com/RUBIN and use code RUBIN Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of “Sara Gonzales Unfiltered,” Sara is joined by Josh Seiter, a former contestant from "The Bachelorette," who recently conducted a five-month social experiment on Instagram. By posing as a trans woman, Josh exposed the absurdity of woke ideologies, highlighting the mainstream media's role in promoting extreme narratives on gender identity. Josh and Sara discuss how easily people were fooled by his satire, and they dive into autogynephilia, a sexual fetish often disguised as gender identity. The discussion shifts to Kamala Harris' policies on taxpayer-funded transgender surgeries for inmates, focusing on John Jacobson Jr., a convicted murderer who received gender-affirming surgery in prison. Sara and Josh express outrage over male inmates being transferred to women's prisons, leading to cases of rape and pregnancy. Josh highlights the work of Reduxx, a group documenting these violent incidents. Sara also shares her experience at a Dallas "RuPaul's Drag Race" show during which grown men performed explicit acts in front of children. She and Josh criticize the trend of sexualizing children through drag shows, questioning why parents bring kids to these events. The episode wraps up with a panel discussion on Donald Trump's comments at the Economic Club of Chicago, as part of which he advocated for tariffs to protect American jobs. The panel debates the impact of tariffs on the economy, contrasting Trump's policies with the current inflation and economic struggles under the Biden administration. Sara was joined by Jason Buttrill, chief writer and researcher for Glenn Beck, and Logan Hall, digital strategist at Blaze Media. Learn more about your ad choices. Visit megaphone.fm/adchoices

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe economy is breaking down, more stores are closing, more layoffs, the people are seeing the truth. Inflation has not gone away because in a [CB] system it just gets worse as time goes on. The globalists are fighting back, they thought by having Trump talk about the tariffs and his policies people would reject it, it backfired. The [DS] is having a problem with [KH], they would like to replace here like they did [JB], but there might not be enough time. The [DS] has their rigging operation ready to go to cheat in the election. Looks like they are planning the post rigging of the election. Biden already announced that the sentencing is going to happen and he wants to watch it. They are going to try to throw Trump in jail. They will have riots as they postpone the elections. Trump is showing the world how they cheat in the elections. Future proves past.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/WallStreetSilv/status/1846401803786531300 https://twitter.com/KobeissiLetter/status/1846528077452484611  0.8% over the month with the eggs prices alone jumping 8.4%. At the same time, fruits and vegetables rose 0.9% between August and September. Since 2021, food prices are up 22.5% and hit another all-time high in September. Are groceries really becoming a luxury?  https://twitter.com/KobeissiLetter/status/1846234676756644055   Interestingly, Americans' allocation to bonds and cash is just 16% and 15%, respectively, well below their long-term averages. In other words, households are all-in on the stock market rally. Bullish sentiment is at record levels. https://twitter.com/KobeissiLetter/status/1846334792540799196  and unemployment has risen. At the same time, their current financial situation compared with a year ago fell to near the lowest level since 2011. Over the last 60 years, such depressed levels have only been seen in recessions. Consumers believe we are in a recession. https://twitter.com/KobeissiLetter/status/1846553207239000329   an 84% probability of a recession. At the same time, the US yield curve is pricing a 28% chance of an economic downturn. Futures say a "soft landing" is all but guaranteed. https://twitter.com/KanekoaTheGreat/status/1846237010358685932     President Trump Battles Bloomberg, Wall Street Multinationals and WEF Economists During Chicago Business Townhall President Donald Trump sits down with Bloomberg Editor-In-Chief  The interview is in partnership with the Economic Club of Chicago and is structurally President Trump facing down the globalists who sell Wall Street policy. The interview was at times very combative as the interviewer, John Micklethwait, pushes a Wall Street ideology in alignment with the World Economic Forum. However, President Trump has already proven that his economic policies work. Notice in the conversation about Tariffs, not a single word made by the “economists” on the value of the dollar and how pertinent it is in the equation. When China and the EU devalue their currency to offset the impact of tariffs, the dollar value increases. This means it costs less dollars to import goods that come to the USA at a lower price (due to subsidies). Essentially, the diminished tariff impact is doubled. Inflation is party a component of this dynamic as it unfolded in 2021, when China stopped subsidizing at the same time Biden devalued the dollar. Imports increased in direct price and that pressure amplified real import inflation. The multinational economists   keep trying to sell the policies that...

SERIES 3 EPISODE 50: COUNTDOWN WITH KEITH OLBERMANN A-Block (1:44) SPECIAL COMMENT: It is now Day Three of Trump's Fugue State Crisis – from Monday night at Oaks, Pennsylvania when Trump abruptly STOPPED the town hall inexplicably and began to slur and behave bizarrely, through his announcement that Kamala Harris is physically disqualified from being president because she has hay fever through his cancelling of a softball interview on CNBC the same day she was to be interviewed on Fox, to the question from the Economic Club of Chicago about whether or not google should be broken up which he answered by talking about voting in Virginia. A survivor of and expert on cults, Matthew Remski, has a different idea. What happened in Pennsylvania "echoes MANY instances of cultic leaders who, exhausted, ill, and at the end of their cognitive rope, outsource their emotional dominance subroutines to canned music they personally find exquisitely sentimental... The leader of the group I was in for 3 years maintained a Trump-campaign-like schedule of daily 2-hour sermons. Over the years he increasingly relied on his DJ to fill the room with emotional overwhelm whenever he gapped out. He was 78 too. He air-conducted the tunes. He had a shrinking repertoire of melted talking points. But because there was never any substance to his schtick, he didn't struggle to remember details that were slipping away. He just turned to the music." B-Block (21:45) POSTSCRIPTS TO THE NEWS: Though The Washington Post noted this alarming change in Trump with real words and realer headlines, some of the key people along the tattered broken remains of some of the key guard-rails, are still sane-washing it. The New York Times: “Trump Bobs His Head To Music for 30 Minutes in Odd Town Hall Detour. After multiple interruptions, Trump cut off questions and seemed to decide that it would be more enjoyable for all concerned – and it appeared, for himself – if he fired up his campaign playlist.” Joseph Kahn, executive editor of the New York Times, has been interviewed at length by Steve Inskeep of National Public Radio. The result is almost as disturbing as Trump playing the hits from that radio station that broadcasts only in his own mind. I'm going to read a lot of it, verbatim, because Joe Kahn is almost as detached from reality as Donald Trump. C-Block (43:45) THE WORST PERSONS IN THE WORLD: Russell Brand will sell you a $240 amulet to protect you from negative forces. Like Russell Brand? The report of a state poll that's 51-50 Trump ("do the math"). And just when you thought it was quieting down, the Olivia Nuzzi/Ryan Lizza/Robert F. Kennedy Jr scandal roars back to life as Lizza answers my ex's lawsuit against him by claiming she told him RFK wanted to "possess and impregnate her." Via FaceTime? That'd be some accomplishment! I'll have the details, if I can stop laughing long enoughSee omnystudio.com/listener for privacy information.

It's Hump Day! Sam speaks with David Dayen, executive editor at The American Prospect, & Matt Stoller of the American Economic Liberties Project and author of the BIG newsletter on SubStack, to discuss their new podcast endeavor entitled "Organized Money". First, Sam runs through updates on the impending US presidential election, Israel's ongoing slaughter in Lebanon, backlash to Israeli aggression from the US and UK, the Boeing machinist strike, the 2024 election scheme, the Elon-Adelson money machine, Hurricane Helene's missing persons, Nebraskan voter rolls, and Jerry Seinfeld's musings on the state of comedy, also watching Sean Hannity attempt to run cover for Trump's disastrous appearance discussing policy at the Economic Club of Chicago. David Dayen and Matt Stoller then join, diving right into the roots of their new podcast “Organized Money” in contextualizing and unpacking the evolution of a new, justice-oriented approach to business and the role it plays in modern society. Dayen and Stoller parse through the expansive nature of the indoctrinating pressures of neoliberal institutions that wholeheartedly rejected the topic of anti-trust from the realm of valid politics, tackling the story of four Google anti-trust cases across two Democratic administrations (Obama and Biden) as they explore the breaking-of-the-dam moment that was simply bringing these cases to court. After briefly expanding on the major impact of just acknowledging the issue of extreme corporate greed (and the government's role in it) on US politics as a whole, Matt, David, and Sam step back to explore how this vision of business came to be, with the post-economic crisis vacuum of an alternative to failing neoliberal systems pushing those on the American left to construct an image of an economy not grounded in unfettered power, greed, and exploitation. Wrapping up, they look to the future of this new vision for American business, diving deep into the potential of anti-trust under a kleptocrat like Donald Trump and a seemingly yet-undefined establishment cipher like Kamala Harris. And in the Fun Half: Sam unpacks the Biden Administration's most recent move threatening to apply US law to arms transfers to Israel, Ted Cruz lapses his lack of a backbone as he challenges Colin Allred on the debate stage, and Elon Musk reflects on just how funny his penis truly is. Meredith from Upstate reflects on how Sam's vocal pauses gave her pause, and Ally from New Hampshire helps us explore the average American's supposed desire for a militant anti-immigrant crackdown, plus, your calls and IMs! Sign up for emails of every episode of "Organized Money" here: https://www.organizedmoney.fm/ Follow David on Twitter here: https://x.com/ddayen Check out David's work at the Prospect here: https://prospect.org/topics/david-dayen/ Follow Matt on Twitter here: https://x.com/matthewstoller Check out the "BIG" newsletter here: https://www.thebignewsletter.com/ Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Follow us on TikTok here!: https://www.tiktok.com/@majorityreportfm Check us out on Twitch here!: https://www.twitch.tv/themajorityreport Find our Rumble stream here!: https://rumble.com/user/majorityrep ort Check out our alt YouTube channel here!: https://www.youtube.com/majorityreportlive Join Sam on the Nation Magazine Cruise! 7 days in December 2024!!: https://nationcruise.com/mr/ Check out StrikeAid here!; https://strikeaid.com/ Gift a Majority Report subscription here: https://fans.fm/majority/gift Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Go to https://JustCoffee.coop and use coupon code majority to get 20% off your purchase! Check out today's sponsors: Article: Article is offering you 50 dollars off your first purchase of 100 dollars or more.  To claim, visit https://Article.com/majority and the discount will be automatically applied at checkout.  That's https://Article.com/majority for 50 dollars off your first purchase of 100 dollars or more Factor: Head to https://FactorMeals.com/majority50 and use code majority50 to get 50% off your first box plus 20% off your next month. That's code majority50 at https://FactorMeals.com/majority50 to get 50% off your first box plus 20% off your next month. Smalls Cat Food: Now is the time to make the switch to Smalls.  Head to https://Smalls.com/MAJORITY and use promo code MAJORITY at checkout for 50% off your first order PLUS free shipping!  That's the best offer you'll find but you HAVE to use my code, MAJORITY, for 50% off your first order. Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattLech @BradKAlsop Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder - https://majorityreportradio.com/  

VP Harris' holds a radio town hall with Charlamagne Tha God as she works to boost support among Black voters. Plus, Trump speaks at the Economic Club of Chicago where he was pushed to defend his ideas on tariffs. And Rufus Wainwright slams Trump for using his recordings at a campaign rally. Steve Kornacki, Dave Weigel, Errin Haines, David Drucker, Dan Nathan, Mark Zandi, Rufus Wainwright, Tim Miller, and Basil Smikle join the 11th Hour this Tuesday.

-- On the Show: -- A panel of former Donald Trump supporters Robert Nix, Damian Salmon, and Kyle Sweetser, joins David to discuss why they have abandoned Donald Trump, who they are voting for in the 2024 election, whether they are still Republicans and/or conservative, and more -- Georgia's first day of early voting breaks the previous turnout record -- Donald Trump and Twitter are caught colluding, including the involvement of Elon Musk -- A slurring and sedated-sounding Donald Trump glitches endlessly at a speech in Atlanta, Georgia, raising questions about medical events -- In an interview with the Economic Club of Chicago, Donald Trump simply cannot be saved in what might be his worst interview performance of the campaign -- Republican Senator Ted Cruz performs terribly in a debate against Democratic challenger Colin Allred in the race for US Senator from Texas -- At a rally in Arizona, Donald Trump calls Arizonans "Azurasians" [sic] as major reading comprehension questions linger -- On the Bonus Show: Mark Robinson sues CNN and a p0rn store employee, Georgia judge blocks ballot counting rule, North Korea says 1.4 million applied to join the army amid tensions with South Korea, much more...