POPULARITY
Một loạt các sự cố gần đây trên các chuyến bay làm hoen ố hình ảnh của tập đoàn Mỹ Boeing và làm dấy lên nghi vấn về mức độ an toàn cho hành khách. Nhiều hãng hàng không dân sự phải cắt giảm các chuyến bay, bị mất khách. Boeing đang cần huy động thêm 10 tỷ đô la trước viễn cảnh sắp phải thanh toán 12 tỷ nợ đáo hạn. Hôm 26/04/2024, chuyến bay của hãng hàng không Mỹ Delta Airlines nối New York và Los Angeles đã phải quay lại điểm khởi hành, khi phát hiện máy bay mất cầu trượt thoát hiểm. Chiếc Boeing 767 với 176 hành khách và phi hành đoàn đã hạ cánh an toàn. Đó chỉ là sự cố gần đây nhất trong một loạt cố khác trong tháng 3/2024 : khi thì do hỏng kim đồng hồ đo sức gió, lúc thì do hỏng cánh quạt, hay do một mẩu cách bị rơi... Tệ hơn nữa là vụ 5 hành khách bị thương trong một chuyến bay từ Sydney đến Auckland do máy bay mất độ cao. Nhưng hình ảnh khủng khiếp nhất là vụ văng cánh cửa máy bay trên chiếc Boeing 737Max9 của hãng hàng không Alaska Airlines chở theo 171 hành khách từ Portland (bang Oregon) đến Ontario (bang California) hôm 05/01/2024.Xa hơn nữa, hãng Boeing đã chịu nhiều tai tiếng sau hai tai nạn hàng không năm 2018 và 2019 của hãng Lion Air và Ethiopian Air, làm gần 350 người thiệt mạng. Cả hai cùng sử dụng máy bay dòng 737Max của Boeing.Khi nhà sản xuất máy bay trao quyền cho giới tài chínhCó nhiều tiếng nói cho rằng hai vụ rớt máy bay nói trên là « điểm khởi đầu » đẩy Boeing vào một cuộc khủng hoảng vô tiền khoáng hậu. Riêng Bruno Trévidic, phụ trách các trang về công nghiệp hàng không của báo Les Echos, cho rằng khủng hoảng này có nguồn gốc sâu xa hơn : « Theo nhiều nhà quan sát tại Mỹ, khủng hoảng của Boeing khởi đầu từ khoảng năm 1997 khi Boeing mua lại tập đoàn sản xuất máy bay McDonnel Douglas. Đó cũng là thời điểm mà tương quan lực lượng trong buồng lái điều hành tập đoàn Boeing nghiêng hẳn về phía giới tài chính. Họ chiếm đa số trong hội đồng quản trị và từng bước thu hẹp tiếng nói của giới kỹ sư. Đa số cho rằng khủng hoảng của tập đoàn sản xuất máy bay Mỹ Boeing đã kéo dài từ lâu ».Là đối thủ của Boeing, năm 1997, McDonnel Douglas (chuyên sản xuất từ tên lửa đến máy bay thương mại, quân sự … và hiện diện luôn cả trong ngành hàng không không gian), đã bị mua lại và « cặp đôi » này trở thành « tập đoàn sản xuất máy bay lớn nhất thế giới ». Chưa đầy một chục năm sau, Harry Stonecipher chủ tịch tổng giám đốc Boeing và McDonnel Douglas đã rất tự hào là tập đoàn do ông điều hành được « quản lý như bất kỳ một doanh nghiệp nào khác, chứ không phải là một hãng chỉ biết thực hiện các dự án công nghiệp ».Làm sao nên nỗi ? Harry Stonecipher có thể là đã quên mất rằng ngành hàng không và chế tạo máy bay là một ngoại lệ. Thí dụ như để sản xuất được một chiếc Boeing 737 Max, cần có tới « gần một nửa triệu phụ tùng, do 600 nhà cung cấp khác nhau bán cho Boeing. Bản thân mỗi đối tác trong số đó đều có cả một mạng lưới gia công ở phía sau ». Không dễ mà kiểm soát từng khâu một về chất lượng với nhiều đối tác như vậy.Đọc thêm : Boeing 737 MAX : Dòng máy bay « xui xẻo »Nét đặc thù của các tập đoàn công nghiệp chế tạo máy bay là « chất lượng và các chuẩn mực an toàn phải là ưu tiên tuyệt đối ». Bruno Trévidic, báo Les Echos, giải thích cụ thể hơn : « Ở đây có hai vấn đề. Một là trong những năm gần đây, Boeing đã trao lại cho các tập đoàn gia công một phần lớn các công đoạn sản xuất, nghĩa là trao hẳn cho những công ty khác những gì từng làm nên tên tuổi, uy tín của mình. Điều này từng xảy ra và đã bị chỉ trích khi dòng máy bay 787 gặp một số vấn đề. Khi đó người ta biết rằng 70 % các công đoạn sản xuất Boeing 787 đã được giao cho hãng Spirit Aerosystems. Sau đó, các cuộc điều tra cho thấy là hãng này đã có nhiều thiếu sót và cuối cùng, Boeing đã quyết định mua lại Spirit Aerosystems, để dễ quản lý hãng gia công cho mình. Trên thực tế, Boeing giao lại cho các hãng gia công một số công đoạn sản xuất cũng chỉ vì muốn giảm thiểu các chi phí trong cuộc chạy đua đi tìm lợi nhuận. Vấn đề thứ hai là Boeing vừa trải qua một thời gian dài bị tác động của khủng hoảng y tế Covid Trong suốt giai đoạn 2020-2022, dây chuyền sản xuất bị gián đoạn, ngành hàng không dân dụng bị khủng hoảng, Boeing phải cắt giảm nhân sự, tức là để thất thoát chất xám, để mất khá nhiều nhân viên có kinh nghiệm. Khi ngành du lịch và giao thông hàng không hồi phục, các hãng hàng không cần mua thêm máy bay để đáp ứng nhu cầu của thị trường, thì các hãng chế tạo máy bay sản xuất không kịp. Boeing đã phải tuyển dụng trở lại nhân viên và đó là những người trẻ mới vào nghề. Số này chưa được đào tạo xong và cũng không ý thức được rằng những chuẩn mực an toàn, những chỉ số đo lường về chất lượng quan trọng đến mức độ nào. Họ cũng không được đào tạo để hiểu rằng, trong ngành công nghiệp chế tạo máy bay, công việc đòi hỏi phải thật hoàn hảo ». Sau các sự cố từ đầu năm đến nay, cổ phiếu của Boeing mất giá 25 % trong bốn tháng đầu năm. Tập đoàn này còn bị Cục Hàng Không Liên Bang Mỹ FAA và Ủy Ban An Toàn Giao Thông Quốc Gia Hoa Kỳ NTSB điều tra và cả hai đã đưa ra những kết luận không mấy thuận lợi cho nhà sản xuất máy bay của Mỹ này. Bruno Trévidic báo Les Echos cho biết :« Điều tra về mặt kỹ thuật do cơ quan an toàn giao thông Hoa Kỳ NTSB tiến hành kết luận : đã có những sai sót trong khâu lắp ráp cửa máy bay và lỗi đó thuộc về trách nhiệm của Boeing. Sự cố đã xảy ra trong các nhà máy của Boeing ở Renton, nơi cho ra đời gam máy bay 737. Nói cách khác đây là lỗi của Boeing. Cục Hàng Không Liên Bang Mỹ, trong đợt thanh tra gần đây nhất đã tập trung kiểm tra chất lượng sản phẩm của tập đoàn Boeing. FAA chỉ ra rằng Boeing « có vấn đề » ở khâu này, tức là đã lơ là trong việc kiểm tra chất lượng. Boeing cũng thiếu sức thuyết phục trong việc đào tạo nhân sự ».Ngành hàng không dân sự bị vạ lây Trước những sự cố liên tiếp và với hệ quả ít nhiều nghiêm trọng nói trên, các hãng hàng không của Mỹ và châu Âu bắt đầu hết kiên nhẫn với Boeing. Hãng hàng không giá rẻ Ryanair dường như bị ảnh hưởng nhiều hơn cả, do hãng này chủ yếu sử dụng máy bay Boeing. Nhẽ ra tháng 3 vừa rồi Ryanair nhận được thêm 57 máy bay Boeing để chuẩn bị cho mùa hè sắp tới, nhưng rồi trong kịch bản tối ưu, tập đoàn Mỹ chỉ có thể giao 4 chiếc cho Ryanair. Hệ quả kèm theo là hãng hàng không giá rẻ của Ireland này phải « giảm số chuyến bay trên 10 lộ trình vào mùa cao điểm tháng 7-8 và 9 ».Tập đoàn United Airlines của Mỹ thất thu khoảng 200 triệu đô la chỉ vì các máy bay dòng Boeing 737 Max 9 bị giữ lại trên mặt đất trong ba tuần. Delta Airlines cũng không hy vọng từ nay đến năm 2025 có thêm được 100 chiếc máy bay mới để phục vụ hành khách. Về phần mình, tập đoàn Southwest báo trước là « không tuyển dụng thêm phi công và tiếp viên hàng không » cũng vì Boeing.Với người tiêu dùng, chắc chắn là trong những tháng hè sẽ khó tìm vé máy bay hơn một chút và hành khách phải mua vé đắt hơn. Boeing vẫn là một ngọn hải đăng Song còn quá sớm để cho rằng Boeing đang lao xuống vực thẳm. Hiện tập đoàn này có một đội ngũ hơn 60.000 nhân viên, với khoảng 10.000 « con chim sắt » tung bay khắp thế giới. Boeing đã có sẵn đơn đặt hàng với 5.700 máy bay để giao cho các hãng hàng không dân dụng. Trị giá chứng khoán của Boeing là 104 tỷ đô la, tương đương với GDP của Cam Bốt và Miến Điện cộng lại.Hơn thế nữa, Boeing còn là một ông khổng lồ trong lĩnh vực hàng không quân sự và không gian, với chính phủ Mỹ là khách hàng quan trọng nhất. Hôm 26/04/2024, Boeing vừa mua lại cơ sở của GKN Aerospece tại Saint Louis, bang Missouri, để « tiếp tục cung cấp những phụ tùng thiết yếu và nhạy cảm cho chính phủ Mỹ và các đồng minh của Hoa Kỳ ». Đây là nơi cung cấp phụ tùng và bảo đảm một phần các chương trình chế tạo chiến đấu cơ F/A18 và F-15. Cũng Boeing hôm 29/04/2024 thông báo nhận thêm đơn đặt hàng của Bộ Quốc Phòng cung cấp thêm 7 chiếc trực thăng MH-139A cho Không Quân Hoa Kỳ. Trị giá hợp đồng là 178 triệu đô. MH-139A là loại trực thăng được quân đội sử dụng trong các công tác tuần tra, cứu hộ và tận tải. Chi nhánh Boeing Defence Space &Security là một tên tuổi lớn trong ngành với rất nhiều sản phẩm từ oanh tạc cơ, máy bay vận tải, máy bay tiếp liệu, tên lửa, vệ tinh... …
Did the passengers on Ethiopian Air applaud when they landed in Ivory Coast? Roslyn shares her experience with this when she visited her family back home over the summer. STAY INFORMED and check out these resources: taxpayersforpeace.org afsc.org 5calls.org Music by STRBN SAL AMERIKINIZED on Instagram!
Five months after Lion Air 610 crashed, another 737-MAX went down with a similar cause. However the official report was at odds with two other internationally respected investigative organisations. We dig into the detail of how the AOA Sensor was claimed to have failed, and review checklist discrepancies to extract fact from opinion as to what most likely triggered this horrible chain of events.With John Chidgey.This show is Podcasting 2.0 Enhanced Celebrating Causality’s 50th Episode!! Previous Episode: Causality Episode 33: 737 MAX Reports: EAIB: Aircraft Accident Investigation Report B737- MAX 8, ET-AVJ December 2022 (PDF) US Comments: ET302 Report March 2022 (PDF) US Comments: Response to EAIB Final Report (PDF) BEA: Accident du Boeing 737 immatriculé ET-AVJ et exploité par Ethiopian Airlines survenu le 10/03/2019 près de Bishoftu BEA: Incidents to the Boeing 737 - 800 registered F-GZHO operated by Transavia France on 07/02/2018 at Norwich (United Kingdom) and 08/02/2018 at Paris-Orly BEA: Incidents to the Boeing 737 - 800 registered F-GZHO operated by Transavia France (PDF) ICAO Annex 13: Aircraft Accident and Incident Investigation (PDF) General Information: Ethiopian Airlines Flight 302 Addis Ababa Bole International Airport Jomo Kenyatta International Airport Rotation (Aeronautics) Ground Proximity Warning System Boeing 737 MAX Groundings Federal Aviation Administration Impact of the COVID-19 Pandemic on Aviation Financial Impact of the Boeing 737 MAX Groundings ICAO N1 and N2 March 10, 2019 Historical Weather at Addis Ababa Bole International Airport, Ethiopia ET-AVJ Flight Tracking and History Collins AOA Systems (PDF) Auto-Throttle and Auto-Thrust B737 Autothrottle (A/T) Normal and Non-Normal Operations Airworthiness Directives Articles: The BEA Weighs In: Ethiopian Airlines Flight 302 Controversy Surrounds Final Report on Ethiopian Air Flight 302 More Omissions In Ethiopian 737 MAX Report US NTSB Criticises Ethiopian MAX Report House passes bill to reform plane certification process after two Boeing 737 Max crashes Government of Canada introduces additional requirements to allow for the return to service of the Boeing 737 MAX - Canada.ca EASA Decision Not to Adopt FAA AD 2020-24-02 (PDF) Regulations: Aircraft Certification Reform and Accountability Act FAA Proposes New Policy that Would Fulfill One of the Key Requirements of the Aircraft Certification, Safety, and Accountability Act | Federal Aviation Administration Post MCAS Law Changes Boeing 737 Airworthiness Directives Airworthiness Directive 2018-23-51 (PDF) Airworthiness Directive 2020-24-02 (PDF) FAA: Boeing 737 MAX Reading Room Transport Canada: Boeing 737-MAX-8 Litigation: Boeing to pay more than $2.5 billion to settle criminal conspiracy charge over 737 Max Boeing Charged with 737 Max Fraud Conspiracy and Agrees to Pay over $2.5 Billion Boeing Directors Settle Shareholder Lawsuit Over 737 MAX Crashes For $237.5 Million Boeing: Directors to face investor lawsuit over fatal crashes Boeing, FAA slammed in House report over deadly 737 Max failures Boeing agrees deal with families of Ethiopia crash victims Boeing to compensate victims in Ethiopian Airlines 737 MAX crash Support Causality on PatreonEpisode Gold Producers: 'r' and Steven Bridle.Episode Silver Producers: Mitch Biegler, Shane O'Neill, Lesley, Jared Roman, Joel Maher, Katharina Will, Chad Juehring, Dave Jones and Kellen Frodelius-Fujimoto.
It follows a government airstrike which forced a UN plane to abort its landing. Also: the actor Alec Baldwin says he's heartbroken by the fatal film set shooting of a cinematographer, and a US whistleblower is given a two-hundred million dollar reward.
When I left you on my African journey, I was in Conakry, Guinea, in the western part of Africa. By then I had been traveling overland – except for one flight from Dakar to Conakry – in small crammed cars and minibusses on bad roads. ROUGH TRAVELING It was from Fez in the northern part of Morocco to Rabat, Casablanca, Marrakesh, Tiznit, Tan-Tan. Then back to Tiznit when I needed to go to the hospital, down to Dakhla in Western Sahara, Nouakchott in Mauritania, Dakar in Senegal, The Gambia, Cap Skirring in Senegal, Guinea-Bissau, and then back through The Gambia to Dakar to catch a flight to Conakry. All in all the transport overland was 5750 kilometers – more than 3500 miles. The busses in Morocco was fairly nice, but then they became smaller, older and much more noisy with a lot less room to move. Sometimes those tiny minibusses had a live squealing pig tied to the roof. And sometimes, it was the so-called "sept-place." Usually, an old Peugeot station wagon converted into a seven-seater. Seven plus the driver. None of these have air-conditioned or any schedule. They leave when all the seats are sold. You always had to negotiate the price, and always knew that you were paying many times more than the locals. Just because you're a white westerner – so obviously you're rich. The last of these drives was the last leg of the 1000 km drive from Guinea-Bissau to Dakar. Here I negotiated too hard and "only" paid double everyone else, and as punishment, I was given the worst seat in the back corner of this old Peugeot. It was the seat with the lowest ceiling and less legroom than any other seat. As the tallest man in the car I couldn't feel my legs after 10 minutes and kept banging my head against the metal beam in the ceiling right over my head whenever the car hit one of the many potholes on the roads. And they were all over. I'm not saying this to give the impression that I hated my three months in Western Africa. Because I didn't. On the contrary: I loved it! I met so many amazing people, and it was such an adventure. But I was tired – both mentally and physically, and started to look into a way to get down to one of my favorite cities, Cape Town. I came across a flight with Ethiopian Air from Conakry. On the same ticket I was able to have a two-day stop-over in a country and a city, I hadn't been to before. So instead of flying south from Conakry to Cape Town, I was heading straight east – to Addis Ababa. BIGGEST RELIGIOUS EVENT OF THE YEAR As soon as I landed, I checked into Bole Skygate Hotel – a nice little airport hotel, and the next morning I was woken up by the sound of thousands of people getting ready for a parade outside my hotel. I went out into the area where the parade was going on. This is a religious celebration called Timkat. It's the most important ceremony of the Ethiopian Orthodox Church, the feast of the epiphany that celebrates the baptism of Jesus Christ in the Jordan River. It's celebrating on January 19 and by pure coincidence just the next day after I arrived. During the ceremony, a replica off the ark of the government is wrapped in rich cloth and taken in procession. The singing, dancing and the procession itself was truly a spectacular sight. TOURING ADDIS ABABA In the afternoon I've arranged with Tom, a local driver and tour guide to take me around Addis Ababa for a few hours. Addis Ababa is the capital and largest city of Ethiopia. According to my research, the city has a population of 2.7 million inhabitants – but Tom thinks it's closer to 6 million. It is where the African Union is headquartered, and where its predecessor, the Organisation of African Unity was based. It also hosts the headquarters of the United Nations Economic Commission for Africa, as well as various other continental and international organizations. Addis Ababa is therefore often referred to as "The political capital of Africa" for its historical, diplomatic and political significance for the continent. IS ETHIOPIA DEMOCRATIC? The government of Ethiopia is a federal parliamentary republic, where the Prime Minister is the head of government. The government chooses the prime minister. The laws are made in both the government and the two chambers of parliament. The 108 seat House of Federation has members chosen by the state assemblies to serve five-year terms. And the 547-seat House of People's Representatives is elected by direct election. So on paper, it all sounds good and democratic. However, there's a thing called "Democracy Index" that makes a list of how democratic countries are. It measures the state of democracy in 167 countries compiled by the Economist Intelligence Unit (EIU). On this list, the Scandinavian countries and New Zealand are on top of the list – and North Korea is on the bottom. Ethiopia is number 128 on the list. So way down. In the car with Tom, we just passed the parliament. "This is where the stupid idea has come from," Tom says. "I don't like the government at all because they don't do good things for poor people. So that's why I called them stupid." I said that I heard that it is a democracy and that they do have free elections. "We have the name only. We are ruled by force, and nobody's happy with the government." "But you get to vote? ", I say. Tom: "I don't want to vote anymore. My vote didn't bring any change here." Me: "Do you think the elections are rigged?" Tom: "Yes, 100%." When I ask him if they protest or demonstrate, he tells me that when they try to protest the government, they started killing the people. LUXURY IN ADDIS ABABA We pull into a car park because Tom wanted to show me a big park with swimming pools and fountains behind the Sheraton Addis hotel. It's a five-star luxury hotel where the rooms start at 400 € per night. We saw kids playing in the pool, someone posing for wedding photos and generally rich people hanging out. I didn't ask for this, but I guess Tom thought that he wanted to show me something he was proud of in his city. It was nice to see another side of Ethiopia, but it wasn't what I was there for. So after an hour, we got back in the car to see a bit more of the authentic Addis. THIS WAS A GREAT DAY – SO FAR This had been a great day up until now. But as soon as I say goodbye to Tom, things turn bad. In the next episode, I get a text message that makes me think that I'm going to die. Also, I get scammed. LINKS: Sponsor Hotels25.com The Radio Vagabond is produced by RadioGuru. 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Velkommen til den tredje og sidste episode fra Antigua i Caribien. Her kan du være med på en såkaldt ”Triflexcursion”. Det er et lille nyt firma, der drives af Mark and Giles. TRIFLEXCUSION Vi tager en 2-timers cykling, vandreture og kajak tur. Først kører vi 15 minutter gennem St. John's til en smuk strand, hvor vi hopper i en kajak - to personer i hver - og padle gennem noget smukt naturområde i 30 minutter. Så kommer vi tilbage på vores cykler og kører yderligere 10 minutter til Fort James National Park. Men før vi går deroppe, laver vi et pitstop på stranden. JEG MØDTE MISS ANTIGUA Her på stranden er der en lille restaurant i et skur. Da jeg går ind, er der en ældre kvinde med ryggen til mig. Hun synger, og jeg ser at hun står med en telefon. Nogen fortæller mig, at hun er direkte på den lokale radio lige nu på et program kaldes "The Shut-in Show" - og at det er noget, hun gør hver søndag. Hendes navn er Yvonne, og efter hun hænger op, taler jeg med hende. Hun viser mig et lille billede af sig selv i en gammel bog. Teksten ved siden af billedet læser: "Tidligere model blev restauratør. Yvonne" Candy "Pilgrim har kørt Candy Lane strandbar og restaurant siden 1976. Beliggende nær den historiske Fort James er lokalet populært blandt både lokalbefolkningen og turisterne." Hun fortæller mig, at hun var Miss Antigua i 1967. FORT JAMES MED KANONER OG ET DISCOTEK I RUINER Vi slutter Triflexcursion op ad en bakke på historiske Fort James. Det er et sted, hvor der er nogle gamle kanoner og et hus, der for nogle år siden blev brugt som diskotek. Nu er det forladt og i ruiner. Men et spændende sted med en fantastisk udsigt. Og det var alt fra min fantastiske tur til Antigua. BREV FRA EN LYTTER Jeg har modtaget en e-mail fra Daniel, en lytter i Dubai: Hej Palle Jeg har lige lyttet på mine hovedtelefoner, mens jeg er ude på min morgen-løbetur. Det var din Conakry episode, så baggrundslydene fik mig til at kigge mig over skulderen da jeg troede, at der var hidsig motorcykel eller taxi, der var ved at køre mig ned! Dine podcasts er ganske vanedannende og en fantastisk måde at få en dosis af vitamin-rejse-indsprøjtning imellem mine egne rejser. Hvis du nogensinde er i Dubai igen, så sig til. Jeg har mødt med mange andre rejsende, heriblandt Torbjørn Pedersen og Ric Gazarian på deres rejser, når de har passeret gennem byen. Ser frem til dine eventyr rundt om i verden. Cheers, Daniel Whitfield Mange tak for din mail, Daniel. Jeg kommer faktisk til Dubai i december i år, så jeg håber at vi kan ses der. Daniel nævner Torbjørn Petersen og Ric Gazarion. Tor er en fantastisk rejsende. En dansker, der rejser til alle lande i verden uden at flyve i en enkelt ubrudt rejse. Du kan følge hans vanvittige projekt på onceuponasaga.dk. Og Ric er også en af mine venner. Vi har indtil nu mødt hinanden i tre forskellige kontinenter. Faktisk mødte jeg ham i London for et par uger siden. Han laver en podcast, der hedder Counting Countries - hvor jeg for nylig selv var gæst. Han laver også en anden podcast kaldet The Nomad Mania Podcast, hvor han interviewer nogle af verdens mest ekstreme rejsende. Nomad Mania er en hjemmeside, der deler verden i regioner. Det er grundlagt af Harry Mitsidis, den mand, der sandsynligvis er den person, der har været i flest steder i verden. Jeg mødte også Harry i London for nylig en snak - og det bliver det næste interview her i Radiovagabond. Ric Gazarian har også været gæst i Radio Vagabond, da jeg mødte ham i Chicago. Jeg kaldte den episode: "Gaz er global og landetæller." Alle links er nedenfor. Hvis du også vil sende mig en linje og fortælle mig, hvor du er, og hvad du laver lige nu, så brug venligst denne særlige e-mail-adresse til dette: lytter@radiovagabond.dk Du kan også sende mig en talebesked på WhatsApp. Nummeret er +4540105105. SNART TILBAGE I AFRIKA Episoderne fra Antigua var lidt af en omvej fra min rejse. Og i den næste episode er vi tilbage på sporet med mit eventyr i Afrika. Da jeg forlod dig, var jeg i Conakry og skulle sige farvel til Vestafrika efter at have besøgt Marokko, Vestsahara, Mauretanien, Senegal, Gambia, Guinea-Bissau og Guinea. At rejse gennem disse lande i tre måneder var spændende, et eventyr og meget givende med alle de eksotiske steder og interessante mennesker, jeg mødte. Det var spændende, men også hårdt både fysisk og mentalt, især når man flytter sig fra ét sted til et andet i små gamle bulede minibusser eller dele-taxier på dårlige veje. Så efter tre måneder besluttede jeg mig for at komme ned til Cape Town, som har et meget specielt sted i mit hjerte. Jeg kommer til at tilbringe to måneder i Cape Town, mit længste stop på rejsen indtil nu. Men jeg har stadig altid min mikrofon i lommen, så jeg har mange optagelser, jeg nu skal sortere igennem og dele med dig i flere episoder. For at nævne nogle få ting: Der vil kun være en hel episode med Cape Town Uber-chauffører. Jeg finder ud af, at Cape Town er verdens gin-hovedstad og jeg taler med den unge ejer af en af de mange små destillerier. Jeg går på jagt efter ”Sugar” - ejeren af en legendarisk lille vinylbutik og den fyr, der var med til at finde Rodrigues i den Oscar-vindende dokumentar, Searching for Sugarman. Hvis du ikke har set denne film endnu, foreslår jeg at du gør, inden du lytter til min episode med ”Sugar” Segerman fra Cape Town. Efter Cape Town lejer jeg en bil og tager på en tur gennem Sydafrika. Jeg kører på Garden Route og stopper på mange fantastiske steder i landet: Oudtshoorn, Knysna, Port Elizabeth, Durban (hvor jeg hopper ud i verdens højeste gyngetur over deres fodboldstadion) og St. Lucia (hvor flodheste går rundt i gaderne om natten). Jeg går også til Lesotho, Swaziland og Mozambique, før jeg spenderer et par dage med at køre rundt i Kruger National Park på udkig efter ”The Big Five” og ender i Pretoria og Johannesburg. Men inden da skal jeg jo ned til Cape Town fra Conakry i Guinea. Og her havde jeg heldet med mig. Jeg fandt en flyvning med Ethiopian Air, der tillod mig at have en 24 timers mellemlanding i Etiopien. Og det er her du finder mig i næste episode. Selvom mit ophold var kort, skete der mange ting her. Jeg ender i midten af en parade under deres mest religiøse begivenhed af året. Jeg fik nogle nye venner… troede jeg. I stedet bliver jeg fuppet. Og så kommer jeg til at dele, hvad der gik igennem hovedet på mig, da jeg tror, jeg skal dø. Det er da Radio Vagabond fortsætter om et par uger. Produceret af Radioguru. Mit navn er Palle Bo, og jeg skal videre. Vi ses. DISCLAIMER: Turen til Antigua blev gjort mulig af Antigua og Barbuda Turism og Elite Island Resorts, men selvom det var en sponsoreret tur, er alt, hvad jeg har sagt, min ægte mening. LINKS: Antigua and Barbuda Turism Verandah Resort & Spa Triflexcusion Once Upon a Saga Counting Countries The Nomad Mania Podcast Nomad Mania Rick Gazarion on The Radio Vagabond Radiovagabond er produceret af Radioguru. Se billeder på Radiovagabond.dk Følg også RadioVagabond på Facebook, Twitter, Instagram og YouTube.
Welcome to the third and final episode from Antigua in the Caribbean. Here you can join us on a so-called Triflexcursion. It's a small startup company run by Mark and Giles. TRIFLEXCUSION We're going on a 2-hour biking, hiking and kayaking tour. First, we ride 15 minutes through St. John's to a beautiful beach, where we get into a kayak – two people in each – and paddle through a mangrove reserve for 30 minutes. Then we get back on our bikes and ride a further 10 minutes to Fort James National Park. But before we go up there, we make a rest stop at the beach. I MET MISS ANTIGUA Here on the beach, there's a small restaurant in a shed. When I enter, there's an older woman with the back to me. She's singing, and I see her being on the phone. Somebody tells me that she's live on the local radio right now on a program is called "The Shut-in Show" – and that this is something she does every Sunday. Her name is Yvonne, and after she hangs up, I chat to her. She shows me a small picture of herself in an old book. The text beside the picture reads: "Former model turned restaurateur. Yvonne "Candy" Pilgrim has run the Candy Lane beach bar and restaurant since 1976. Located near the historic Fort James, the venue is popular with locals and tourists alike." She tells me that she was Miss Antigua in 1967. FORT JAMES WITH CANONS AND A DISCOTEQUE IN RUINS We finish the Triflexcursion up a hill at historical Fort James. It's a place where there are some old canons and a house that some years ago it was used as a discotheque. Now it's abandoned and in ruins. But an exciting place with a great view. And that was all from my fantastic trip to Antiqua. LISTENER RESPONSE I received an email from Daniel, a listener in Dubai: Hi Palle, I have just been listening on my earphones while out on my morning run. It was the Conakry Podcast, so the background traffic noises had me looking over my shoulder thinking it was errant motorcycle or taxi! Your podcasts are quite addictive and a great way to get a dose of vitamin 'travel' in between the two long stretches of the real thing for me. If you're ever in Dubai again let me know. I have met up with many , including Torbjørn Pedersen and Ric Gazarian on their travels passing through the city. Looking forward to your adventures around the world to come. Cheers, Daniel Whitfield Thank you, Daniel. I'll be coming to Dubai in December, so I hope I'll see you then. Daniel mentions Torbjørn Petersen and Ric Gazarion. Tor is an amazing traveler. A Dane who is traveling to every country in the world without flying in one single unbroken journey. You can follow his project on onceuponasaga.dk. And Ric is also a good friend of mine. We've met so far in three different continents. In fact, I met him in London just a few weeks ago. He does a podcast called Counting Countries - where I was a guest recently. He also does another podcast called The Nomad Mania Podcast, where he interviews some of the worlds most extreme travelers. Nomad Mania is a website that divides the world into regions. It's founded by the man that arguably has been to most places in the world, Harry Mitsidis. I guy I also met in London recently for a chat – and that's going to be the next interview here on The Radio Vagabond. Ric Gazarian has also been on The Radio Vagabond when I met him in Chicago. I called that episode: "Gaz is Global Country Counter." All the links are below. If you also want to drop me a line and tell me where you are and what you're doing right now, please use this special email address for this: listener@theradiovagabond.com You can also send me a voice message on WhatsApp. The number is +4540105105. NEXT: BACK IN AFRICA The episodes from Antigua was a bit of a detour from my journey. And in the next episode, we're back on track with my adventures in Africa. When I left you, I was in Conakry and about to leave western Africa after having visited Morocco, Western Sahara, Mauritania, Senegal, Gambia, Guinea Bissau, and Guinea. Traveling through these countries over three months was exciting, an adventure and very rewarding with all the exotic places and interesting people I met. I made so many interesting people, and both made a lot of friends. It was exciting but also rough. Physically and mentally challenges, especially when going from one place to another overland in small beat-up crammed minibusses or shared taxies on bad roads. So after three months, I decided that I wanted to get down to Cape Town, which has a very special place in my heart. I'll spend two months in Cape Town, my longest stop on the trip so far. But I still carry my microphone everywhere, so I have so many recordings that I'm going to be sorting through and sharing with you in several episodes. To name a few things: There's going to be a full episode only with Cape Town Uber drivers. I find out that Cape Town is the gin capital of the world and I speak to the young owner of one of the many a small distilleries. I go searching for Sugar – the owner of a legendary small vinyl store and the guy who found Rodrigues in the Oscar Winning documentary Searching for Sugarman. If you haven't seen this film yet, I suggest that you do before you listen to my episode with Sugar Segerman from Cape Town. After Cape Town, I rent a car and go on a road trip through the country. I drive on the Garden Route and make stops in many amazing places in South Africa. Oudtshoorn, Knysna, Port Elizabeth, Durban where I do the worlds highest swing over their football stadium, St Lucia where Hippos are roaming around in the streets at night. I also go to Lesotho, Swaziland, and Mozambique before spending a few days driving around in Kruger National Park looking for The Big Five and end up in Pretoria and Johannesburg. But before that, I need to get down to Cape Town from Conakry in Guinea, and I had a bit of luck as to how to do that. I found a flight with Ethiopian Air that allowed me to have a small stopover in Addis Ababa in Ethiopia. And this is where you'll find me in the next episode. Even though my stop was short, a lot of stuff happened here. I end up in the middle of a parade during their most religious event of the year. I made some new friends, I thought. Instead, I end up getting scammed. I promise you that I will share both my ups and downs from this trip. So I will also be brutally honest and share what went through my mind when I think I'm going to die and I have somewhat of a mental breakdown when I think I only had a few more months to live. That's when The Radio Vagabond continues in a few weeks. Produced by Radioguru.co.uk. My name is Palle Bo, and I gotta keep moving. See you. DISCLAIMER: The trip to Antigua was made possible by Antigua and Barbuda Tourism and Elite Island Resorts, but even though it was a sponsored trip, everything I've said is my genuine opinion. LINKS: Antigua and Barbuda Turism Verandah Resort & Spa Triflexcusion Once Upon a Saga Counting Countries The Nomad Mania Podcast Rick Gazarion on The Radio Vagabond The Radio Vagabond is produced by RadioGuru. See pictures on TheRadioVagabond.com You can follow The Radio Vagabond on Facebook, Twitter, Instagram og YouTube.
This March, a Boeing 737 Max 8 plane crashed in Ethiopia, killing all 157 people on board. 18 of them were Canadian, and several more were permanent residents. Now, six families from Canada who lost relatives are suing Boeing for alleged negligence in the Ethiopia Airlines crash. The CBC’s Susan Ormiston spoke to three of them, and brings us their reflections and lingering questions about what happened.
Google I/O brings together developers from around the globe for talks, hands-on learning with Google experts, and a first look at Google’s latest developer products. This year's edition kick-starts on the 7th of May through to the 9th of May. Ahead of this event, Afdtechtalk staff have some predictions of how this event will unfold. We then turn our attention to Boeing and its fiasco with 737 Max 8 and very recently a 737 that skidded off into a river shortly after take-off. We discuss the motivations for Boeing's rushed Max 8 models and throw more light on the dreadful MCAS software that unfortunately contributed to the Lion Air and Ethiopian Air disasters that claimed the lives of many.
Boeing continues to grab headlines as the hows and whys of the recent Ethiopian Air crash are dissected by various authorities. Madhu Unnikrishnan, editor of Skift Airline Weekly, joins Mike Taylor and shares his views on the development of the 737 MAX 8, what is reasonable to expect from the review process, and how big of an impact these events might have on the company. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Henry Hazlitt Memorial Lecture, sponsored by Hunter Lewis. Recorded at the Mises Institute on March 22, 2019. Includes an introduction by Joseph T. Salerno. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian School, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. The conference is hosted by the Mises Institute at its campus in Auburn, Alabama, and is directed by Joseph Salerno, professor of economics at Pace University and academic vice president of the Mises Institute. Lecture Text: In 1946, a book named Economics in One Lesson was written by a man who did not think it would have a great impact beyond the economic fallacies of his day. That amazing man was Henry Hazlitt. Now over one million copies have been sold and it remains in print. It is a personal honor to lecture about Hazlitt: He is one of my favorite writers on economics, political economy, and ethics. Economics in One Lesson, which was based in part on Bastiat's essay, “What Is Seen and What Is Not Seen,” debunks the most prominent economic fallacies of the past and the present, summing up economics as long-term versus ephemeral thinking. He wrote more than twenty books and was the principal editorial writer on finance and economics for The New York Times for twelve years and a columnist for Newsweek for twenty years. More importantly, his writing was thoughtful, incisive, and influential, and he played a significant role in supporting, introducing, and explaining the ideas of Mises and also Hayek. He is a stellar example of the impact one person can have on our society. My mentor, Dr. Bill Peterson (a student and colleague of Mises) and his wife Mary were good friends of Hazlitt, so although I never met Henry, I did receive first-hand knowledge of his life and work from the Petersons. I am thankful to Laura Bennett Peterson, Bill and Mary Peterson's daughter, for assisting me with this lecture. Laura grew up knowing Hazlitt and she has been exceptionally helpful with her knowledge and insights about him. Dr. Peterson was very complimentary of Hazlitt's writing and personal courage, especially when he opposed the Bretton Woods agreement. Hazlitt knew Bretton Woods would cause inflation. The New York Times had no interest in criticizing this agreement, and that sent Hazlitt looking for a new job. Hulsmann indicates in Mises: The Last Knight of Liberalism that Hazlitt may have been one of Mises' first close American friends. In 1940, Hazlitt received a call from “Mises speaking,” and he described the encounter as if “John Stuart Mill were speaking.” This was the beginning of a long-term friendship between Hazlitt and Mises. By explaining economic theory, Hazlitt enabled many entrepreneurs to think clearly and correctly. Most of the time the world promotes compliance with existing ideas and punishes critical thinking and new ideas. This was Germany's mentality in the early 20th century, Mises was treated miserably because of what he thought; this is common today. Profound thinkers are rarely appreciated and often scorned. Today we are witnessing this in our universities, which were created for thinkers but now suppress original thoughts. This talk focuses on three of Hazlitt's central concerns: His book, The Foundations of Morality, established a high standard of morality. Current events demonstrate a widespread lack of morality in our society.His book, Thinking as a Science, elevates thinking to a new level. Today everyone is “thinking outside of the box.” The problem is, most people are not thinking most of the time.His book, Economics in One Lesson, introduces us to classical-liberal thinking, which is foreign to most Americans He wisely pointed out, along with Mises, that economics “is a description, explanation, or analysis of the determinants, consequences, and implications of human action and human choice.” Hazlitt's economic thinking is thus grounded on human behavior. The recent gyrations of the stock market, based on fears of tariffs or higher interest rates, illustrate how markets react in real time to the effects of current policies. Hazlitt was a giant in financial journalism, as noted in Jim Grant's Hazlitt lecture. But Hazlitt was also a public intellectual with unique insights on morality, thinking, and political economy. We will begin with Hazlitt's understanding of morality as embodying long-term thinking, his foundational theme. This is his most powerful message. Morality For Hazlitt, “morality is essentially, not the subordination of the ‘individual' to ‘society' but the subordination of immediate objectives to long-term ones.” Hazlitt realized that the long-term interests of the individual would serve the long-term interests of society. The long-term interests of the individual depend on social cooperation, as Hazlitt points out: “Social cooperation is the foremost means by which the majority of us attain most of our ends.” (The Foundations of Morality, 13) CAS stresses cooperation as the primary way we can progress as a company. It can be challenging and requires humility. We witness the parade of lobbyists seeking government favors: lobbyists from GM, the U.S. steel industry and Tesla, to name just a few. I might add our universities to this list, since the federal government helps to fund their excessive spending. These companies and institutions are rent seekers and tariff promoters. German and Asian automakers, which also manufacture in America, received no bailouts and don't want tariffs. In fact, BMW exports 75 percent of the SUVs it makes in South Carolina. Hazlitt reminds us to let the market decide, as “dying industries absorb labor and capital that should be released for growing industries.” Hazlitt believed that bailouts and tariffs are short-term solutions to long-term industry problems. Hazlitt's concept of morality can be summed up in two of his own sentences: “The conduct we call moral is the conduct we consider likely to lead to the most satisfactory situation in the long run.” And “immoral action is nearly always short-sighted action.” These important principles are lost on our society today. The challenge for entrepreneurs: We must focus on the long term in spite of tremendous pressure to think only over the short term. Markets are very competitive, and sometimes promote short-term thinking and solutions. But we know, short-term decisions can be very costly in the long run. It is imperative to teacher our students about Hazlitt. Many domestic steel manufacturers raised prices over this past year even higher than the steel tariffs. It did not work, Users take notice and take action. In the long term our domestic steel industry will be harmed by tariffs. This is human action in the marketplace. We are witnessing a parade of successful entrepreneurs, as well as leaders in all walks of life, fall from grace because they lacked morality. These individuals may have brilliant ideas, but they lost sight of the long term and failed to learn Hazlitt's most important lesson on morality: High integrity is required for the sustainability of an enterprise over the long term. Our society promotes and praises loud and unethical leaders such as Elizabeth Holmes, Elon Musk, but companies and investors suffer. Companies suffer because of these unethical individuals in charge: think of VW, Lehman Brothers, Tesla, and now Boeing. Conversely, Warren Buffet is not an Austrian Economist but he is an excellent investor, capital allocator has an exceptional reputation for honesty and became rich in the long run. Companies and Investors flock to him. The market requires moral leaders because the market cannot function without integrity. In addition to morality, Hazlitt makes the need for freedom very clear: This freedom applies to entrepreneurs: In order to have the freedom to succeed, we must have the freedom to fail. For Hazlitt, capitalism allows for freedom, It does not hinder freedom: Modern capitalism is not an inevitable or inescapable system but one that has been chosen by Americans. It is a system of freedom. In America, some 300 million people produce 24 percent of the world's goods. America leads the world in innovation, which is the essence of American exceptionalism. Too Many countries undermine freedom and the results are clear. The EU has slow growth and high unemployment. In Venezuela, freedom is denied to the point of starvation. There is concern that the free market creates inequities and failures. But Hazlitt points out that “a free-market system tends to give to every social group, and to every individual within each group, the value of what it or he has contributed to production.” Hazlitt sums it up perfectly. Socialists refuse to understand free markets. They fail to see that production is based on incentives, not coercion. Some politicians live off the fat of the land but hate producers, freedom and success. It would be entertaining to read what Hazlitt might write about the lunacy of the Green New Deal and massive government debt. Successful businesses must have a strong record of morality and must think long term to survive in a competitive marketplace. The CEO of Boeing would probably affirm this statement, at least right now. Unfortunately, Boeing's marketing group convinced the FAA the 737 Max was the same as the old reliable 737. This wasn't true. Even many pilots were not aware of the complexity of the new MCAS software. The FAA did not understand the new Boeing technology, so why are they regulating. The 737 Max's software relied on a single sensor, which failed. Some important safety features were sold as “options,” not standard equipment. Those options weren't chosen by Lion Air or Ethiopian Air, but you can count on them being standard in the future. Internal concerns from Boeing engineers and pilots' reports to the NASA system were ignored. Why? Boeing was focusing on competing with Airbus, which had the lead; morality and long-term thinking be damned. No one will ever think of Boeing in the same way and there could be criminal as well as civil liability. Lesson learned: One must bear in mind, as Hazlitt taught, the long-term consequences of conduct. Industries must be 100 % responsible 100 % of the time. Thinking H. L. Mencken described Hazlitt as "one of the few economists in human history who could really write." Hazlitt wrote well because he thought well. Hazlitt, affirms in his book, Thinking as A Science, that most people are not thinkers. I love Hazlitt's observation that if there is a problem and a solution is needed, “They want to look it up.”In today's world, they'd want to “Google it.” Too many of our educational institutions are propaganda centers and not cultivators of thinking people. Many institutions suppress thinkers and demand compliance with politically correct, non-thinking popular culture, which undermines an entrepreneurial America. I often tell our students and our interns: How you think will determine your future. Good thinking and cooperation are critical to making progress in life. Hazlitt was a great thinker by analyzing the long-term consequences of economic policies, such as tariffs and monetary and fiscal policy. He knew that our thinking will have major consequences, for good or evil. His book, The Failure of the New Economics, masterfully refutes Lord Keynes's General Theory by showing Keynes's theories as nothing more than bad thinking. Two great thinkers in the 20th century were the Wright brothers. The Wright brothers were successful in flight because they visualized the need for “suitable controls” to balance the plane once it is in the air. Our government sponsored Samuel Langley who failed to realize the need for suitable controls in flight. The Wright Brothers took no government money, they are a perfect future model for Entrepreneurs. Thinking ability is the greatest single advantage of the entrepreneur. “The greatest resource,” as Julian Simon put it, “is the human mind.” Thinkers in business applied the principles of “exit” and disruption. Think of technologist Balaji Srinivasin in genomics and mobile money, and of UBER, Airbnb, and self-driving cars. Harvard business professor Clayton Christensen is among those who have studied old industries that were disrupted by new companies with a better approach. Nucor Steel, an upstart in 1960 with its minimills, is now the largest steel company in the U.S. Our only task as entrepreneurs is to serve the user. CaptiveAire thinks in the long-term, continuously. Even with the steel tariffs in effect since 2018, CaptiveAire has refused to raise prices beyond our normal level. We gain market share because we think long-term, and we generate profits by always putting our users' interests first. We witness short-term ideas and fallacious claims every day. Socialism is being sold hard as a solution to a problem that does not exist in America.There is a Green New Deal to save our planet, which is doing pretty well.Debt and deficits do not matter, as long as interest rates are low. Congress does not even attempt to balance the budget.Free trade is portrayed as the enemy of prosperity but in fact it has made us rich. Hayek in The Road to Serfdom described those who would “buy” such fallacious claims as the gullible. Problems and solutions must be well-thought out and understood before changes are made. Good decisions require real thinking, which is hard and time-consuming.. Yet without good thinking, the consequences may be catastrophic. Long-Term Economics Hazlitt sets a clear path for entrepreneurs who think long term. The entrepreneur must make the hard decisions at the right time, based on the known facts that are often sparse in the creative world. In 1978, when we began making kitchen ventilation hoods, the machines to create more hoods faster did not exist… In 1983, the computerized hydraulic-press brakes we needed were invented by Darley in Holland. This technology revolutionized the sheet metal industry. Hydraulic-press brakes increased productivity four times and the now fully-automated machines produce eight times what they did in 1982. In 1988, international alloy prices were spiking, causing stainless steel prices to increase dramatically. My solution was to find an stainless steel product less vulnerable to volatile alloy price spikes. CaptiveAire adopted two important changes that transformed the industry: We light-weighted Commercial hoods, saving 20% of the metal.We changed the standard from 304 to 430 stainless steel, saving another 20%. In 2008, most of the food service industry adopted our 1988 standards using 430 metal when possible. CaptiveAire was a little-known manufacturer with sales of nine million dollars in 1988. These and other decisions propelled us to a half-billion dollars in sales last year. Changes are risky, but the long-term outcome was that CaptiveAire became the leading producer of commercial kitchen hoods in North America. In 1925, Treasury Secretary Andrew Mellon and President Calvin Coolidge applied a supposedly “scientific” method in determining the marginal federal income tax rate. They chose 25 percent. The decreased income tax rate helped America to enjoy the Roaring Twenties' economy. After the stock market crashed in 1929, Hoover prolonged the Great Depression by raising the marginal rate to 63 %. Tariffs averaged 40 % with the Smoot-Hawley Act. Hazlitt clearly describes the tax dilemma: When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble. Hazlitt cautioned that tariffs do not raise the standard of living; they have the opposite effect, which we witness today. Tariffs are self-inflicted wounds and the current trade wars are slowing economic growth here and abroad. Growth is slowing internationally because of tariffs. On free trade, Hazlitt quotes Adam Smith: In every country it always is and must be the interest of the great body of people to buy whatever they want of those who sell the cheapest. Free trade should be intuitive, especially with the example of the 50 American states, which comprise the largest unilateral free-trade zone in history. But despite the value of free trade, large numbers of Americans believe tariffs raise our standard of living and create jobs. The steel tariffs under President George W. Bush were meant to help American steel companies, but ended up hurting even more companies and causing the loss of 200 thousand jobs in industries using steel. This exemplifies how a short-sighted policy hurts entire industries in the long term. Hazlitt's long-term approach is imperative for America. Three things we desperately need to think about in regard to the long term are: Eliminating fiscal deficitsEducating our childrenFocus on integrity to the market place, not special interests. These policies would greatly benefit our economy: The more the deficit Reducing Government spending allows more investment capital, allocated by entrepreneurs not government. The better our students are educated, the more productive our workforce will be. U.S. K-12 public schools are one of the largest monopolies in history. Costs are high, quality is low, discipline and character formation are gone. In America's public schools, you don't get what you pay for. In 2007, I opened a private K-12 chain of private schools named The Thales Academy. Hazlitt's morality, thinking, and long-term outcomes formed our philosophy. The Thales standard is the highest possible academic quality and character formation for each student at the lowest possible cost. The cost for K-5 is $ 5,000.00 per year and has not changed since the founding. Today we have 8 campuses and 3,100 students. My goal is to grow Thales to 25,000 students as an example of what can be done. The Thales model is changing the way parents think of K-12 education. One important lesson I have learned, which is contrary to conventional wisdom, is that it takes a very long time to establish a great company. And the process never ends! Individuals, companies, and our government must think about the long-term effects of their actions. Conclusion: Why Hazlitt Matters for the Entrepreneur Hazlitt states that an entrepreneur is "a capitalist willing to take unusual risks." His theories of morality and long-term economics are found in every story of a successful entrepreneur. When an entrepreneur is able to achieve excellence, society is benefited as a whole. However, the entrepreneur can only achieve excellence when freedom prevails. Calls for the government to provide its citizens with every necessity, whim, and craving lead to chaos. Venezuela is a leading example of this. This is why the moral entrepreneur is critical to the market: He is not concerned with garnering the most rights for himself, but rather gaining the most customers by serving. Hazlitt explains, “the rules of morality are those rules of conduct that tend most to increase human cooperation, happiness and well-being” The entrepreneur's morality directly correlates with society's well-being; the job is never done for entrepreneurs and economists. Hazlitt never went to college: his thoughts were not dependent on what he already knew, but rather on trying to explore things he did not know. Edwin Land affirmed this way of learning and thinking when he said: “Creativity begins at the edge of the known.” This is how successful entrepreneurs operate: They make guesses and take risks off of the edge of what they already know. They apply their thinking skills to make the best possible decisions using the information they have today to positively influence the long-term future. My Message to entrepreneurs: Maintain humility in realizing that you don't and can't know everything. In the words of Dr. Bill Peterson, “None of us get it all right.” No matter how much you know, it will always be a fraction of what is already known. In the 40 plus years that CaptiveAire has existed, we have made many mistakes but our policy is that if we are wrong, we pay the price, not our users. In 2016, we designed a new leading-edge Roof Top Heating and Cooling unit for commercial buildings. This new technology uses a modulating compressor so it's very efficient and can provide 100 % outside fresh air to buildings. We learned from past errors and elected to have a three-year BETA testing of this product. We know we are 100 % responsible for the performance of this product for the next 20 plus years. Hazlitt's long term philosophy does work in the market and it fact this is how the market works. Entrepreneurs aggressively seek new knowledge and rethink everything: they carry the torch of Hazlitt. We live at a time where Entrepreneurs & Producers are the villains and the heroes are the Government and Politicians. I quote Bill Peterson: “Entrepreneurs are every bit the heroes of our society.” I might add, the takers are the real villains. As we witness rallies and hear cheers for the short-term economic policies, we must think of the long-term to achieve the American dream. Hazlitt, Mises and Hayek lived in more challenging times, but our society is on the road to Serfdom unless the Austrian School prevails; as economic illiteracy rules the day. Hazlitt's morality through long-term thinking is hard to sell to the public because Human Nature lives in the present and wants it now. Our country's foundation is being shaken by the lack of and therefore it is imperative that we integrate long-term thinking into our homes, our schools, our places of work. I challenge you to take up the mantle of Hazlitt and be a courageous writer, debater and teacher of morality and long-term thinking. We could use an army of Hazlitts today: men and women of courage and wisdom, who are unafraid to speak and write the truth. I conclude with Hazlitt's words. The times call for courage. The times call for hard work. But if the demands are high, it is because the stakes are even higher. They are nothing less than the future of liberty, which means the future of civilization.
Many people go all in on companies that seem to have promising growth, but what happens when they make a mistake? Believe it or not, this is more common than you’d think. Today, Kate Stalter talks the risks of investing in single stocks and why you should be cautious of only investing in specific companies. For more on how to avoid risky investments and secure smooth returns, tune into this episode of Better Money Decisions. Show Highlights: The issues Boeing is facing The effects the Ethiopian Air crash had on stocks Why current issues are relevant to your investments The risk of investing in biotech How to smooth out your returns The risk of single stocks Links: Our proprietary Financial Wellness For Life program www.https://bettermoneydecisions.com/financial-wellness-for-life/ Register for upcoming webinars and get your no-obligation portfolio review: BetterMoneyDecisions.com/webinar Contact Better Money Decisions: (844) 507-0961 Extension 700 WeCanHelp@bettermoneydecisions.com Visit us on social media: Facebook: https://www.facebook.com/bettermoneydecisions/ Twitter: https://twitter.com/FinancialBetter Instagram: https://www.instagram.com/betterfinancialdecisions/ LinkedIn: https://www.linkedin.com/company/better-money-decisions/
A problem with the automation software on Boeing’s 737-MAX, the newest version of its popular jet, has caused two fatal crashes in just five months, investigators think. The latest crash, of an Ethiopian Air jet just last week, killed 157 people after it went down six minutes after taking off. The problem was a new stabilization system, which is also believed to be behind a crash in Indonesia in October. In response, many world governments have grounded the jet while Boeing scrambles to find a software solution. Plus, learn the English phrase “double-edged sword.” Read the full transcript of this episode at http://www.plainenglish.com/139 Transcripts are always free and available now! ¿Hablas español? Você fala português? Parles-tu français? 你会说中文吗?日本語を話せますか? The episode transcripts include instant translations from English to Spanish, Portuguese, French, Chinese, Italian and Japanese. Hover over or tap a highlighted word for the translation. Connect with Jeff on Twitter (@PlainEnglishPod) and Facebook (PlainEnglishPod). Or e-mail jeff@plainenglish.com **NEW** Connect with us on WhatsApp! Send a message to +1 312 967-8757 and add us to your contacts to receive messages from Jeff and JR! If you like the program, please leave a review or rating wherever you listen. It will help others discover the program. Never miss an episode! Sign up to receive updates from Plain English at http://www.plainenglish.com/mail Subscribers get exclusive links for further reading and additional practice with common English words and phrases. Learn English the fun way: with a podcast in English! Listen to an American English podcast that you enjoy and understand -- all at a slower speed than normal. | Aprende inglés gratis en línea con nuestro curso. Se habla a una velocidad lenta para que todos entiendan. ¡Aprende ingles con nosotros ahora! | Aprenda Inglês online grátis com o Plain English, a uma velocidade menor, para que todos possam entender.
In this episode, Neil, Niki, and Natalia discuss “cancel culture,” the lost art of hobbies, and the tragic Ethiopian Airlines crash. Support Past Present on Patreon: https://www.patreon.com/pastpresentpodcast On this week’s Past Present episode, Nicole Hemmer, Natalia Mehlman Petrzela, and Neil J. Young discuss “cancel culture,” the lost art of hobbies, and the tragic Ethiopian Air crash. Here are some links and references mentioned during this week’s show: Young Adult literature is the latest arena for controversies over “cancel culture.” Neil recommended Jennifer Senior’s New York Times article on the perils of taking it too far. Hobbies, or engaging in an activity only for the joy it brings, are increasingly a rarity. Neil referred to Hanna Rosin’s book The End of Men: And the Rise of Women. Natalia recommended this history of the “side hustle” at The Conversation. A tragic airplane crash has killed 157 people and raised questions about the Boeing 737 Max 8 model. Neil recommended the book, Flying Without Fear. Natalia referred to this Wall Street Journal article about the effect of crashes on the airplane industry. In our regular closing feature, What’s Making History: Natalia discussed Matthew Remski’s new book, Practice and All is Coming. Neil recommended Patrick Radden Keefe’s book, Say Nothing: A True Story of Murder and Memory in Northern Ireland and his previous reporting at The New Yorker. Niki talked about her recent appearance on Trumpcast.
Chapter 1
Confirmation this morning from Transportation Minister Marc Garneau, that Canada is joining dozens of countries grounding Boeing's 737 Max 8 jets after the deadly Ethiopian Air crash over the weekend. That leaves the United States as something of an outlier among the world's major countries, as they are still permitting those planes in its airspace. Listeners have been suggesting to us that the US is reluctant to step in because Boeing is an American company. My next guest is a journalist who's been writing about aviation for more than 20 years, and he has some thoughts on that. Guest: Bill McGee Aviation advisor for Consumer Reports Worked as an aviation journalist for more than 20 years Spent seven years working in airline flight operations
Plane travel takes a trip to the Soft Corner, as an Ethiopian Air flight crashed over the weekend despite being one of Boeing's latest models, and another Boeing Turkish Air flight experienced turbulence so bad that it broke bones and sent several to the hospital.New reports point out that Mark Zuckerberg spends almost $20 Million a year on personal security for him and his family. As you might imagine, many of his security protocols are outrageously nerdy and over-protective, listen to learn more.A Lightning Round of other headlines, including more high profile connections to "Orchids of Asia" rub and tug spot, this time it's President Trump. A doctor tells a family that a member is going to die via robot visit (pictured). Jaguar selfie mistake, and California arsonist blames "ghosts" for cause of fire.