Podcasts about former chief economist

Joe LaVorgna, Counselor to the Treasury Secretary; Former Chief Economist at the   White House National Economic Council Learn more about your ad choices. Visit megaphone.fm/adchoices

2025 is officially here, and with it comes a new administration in the White House, along with new economic policies that will impact you and your wallet.  On the most recent episode of Your Money Map, our weekly show with the Alliance for Lifetime Income, we're joined by Betsey Stevenson, University of Michigan Public Policy and Economics Professor and Former Chief Economist of the U.S. Department of Labor, to talk about what economic changes in the New Year could mean for retirees. If you like this episode and want more, check out all of our Your Money Map episodes at protectedincome.org/your-money-map/ or tune in live every Wednesday at 12 PM ET on Facebook or LinkedIn. Resources mentioned in this episode: Think Like An Economist Podcast Alliance for Lifetime Income: ProtectedIncome.org Learn more about InvestingFixx, our women's investing club where you can vote on stocks, build a model portfolio, and grow your financial knowledge. Take the next step in your financial journey with FinanceFixx, our money makeover program. Have a question for us? Write to us (or send us a voice note!) at mailbag@hermoney.com. While you're at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices

The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day

Former Chief Economist of the White House's Office of Management and Budget, Vance Ginn joins the show to chat about immigration and how a market approach will make all of us better off. You can find his Podcast, "Let People Prosper" in the following links: https://podcasts.apple.com/us/podcast/let-people-prosper/id1639806532 https://open.spotify.com/show/3tzOSVMDF1FoUNW09x1IPC?si=352687a0bd594ebd

Join the Digital Media Marketclass: https://muzamilhasan.com/courses Recommend Guest for a Podcast: https://muzamilhasan.com/guest Get in touch with Muzamil: https://muzamilhasan.com/contact-me Get Mentorship from Muzamil: https://muzamilhasan.com/mentorship Link to the Document: https://drive.google.com/file/d/1whmnjLlXFMlfII9AhosZhAKeAHmwWdVa/view JOIN THE COMMUNITY: https://buy.stripe.com/6oEaFEdAXbGe69W6ou Dr. Mohammad Ahmed Zubair is the Former Chief Economist of the Planning Commission of the Government of Pakistan and the Former Regional Lead Economist of the Islamic Development Bank of Jeddah. Do not forget to subscribe and press the bell icon to catch on to some amazing conversations coming your way! #thoughtbehindthings #muzamilhasan #economy #debtrestructuring Socials: TBT's Official Instagram: https://www.instagram.com/thoughtbehindthings Muzamil's Instagram: https://www.instagram.com/muzamilhasan Muzamil's LinkedIn: https://www.linkedin.com/in/muzamilhasan Dr. Zubair's Twitter: https://x.com/drmazubair?lang=en --- Support this podcast: https://podcasters.spotify.com/pod/show/tbtgo/support

Episode 77 is with Dr. Mark Calabria, former chief economist for former Vice President Mike Pence, senior advisor at The Cato Institute, and author of “Shelter from the Storm: How a COVID Mortgage Meltdown Was Averted.” Today, we discuss: 1) Mark's lessons learned from working as Former Vice President Mike Pence's chief economist; 2) How he helped the nation avert a mortgage crisis during COVID and issues with pandemic policies and their ongoing impacts; and 3) Why 2019's economy was so successful and how to improve the state and federal governments in 2024. Check out Mark's book: https://www.cato.org/books/shelter-storm Please share this podcast on social media and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com).

The United States only spends 0.1% of its GDP on job training and reskilling initiatives, putting us in last place for funding towards job reskilling amongst other developed countries.  Now, it may be hard to concretely define the effects of this, but let's look at what we know: only 15% of workers are currently engaged at their jobs, 44% of workers are in bad jobs, and almost 1-in-2 workers is just $400 away from falling beneath the poverty line. So, that 0.1% GDP spent on job training? It's probably not helping much. That's what today's guest, Harry Holzer, fresh from testifying before the House Subcommittee on Higher Education and Workforce Development, joins us on the podcast to talk about. Harry is the former Chief Economist for the U.S. Department of Labor under the Clinton Administration, is a senior fellow in Economics at the Brookings Institution, and the LaFarge SJ Professor at the McCourt School of Public Policy at Georgetown. He's written extensively on economic inequality, with books such as “Making College Work: Pathways to Success for Disadvantaged Students” and “Improving Employment and Earnings in Twenty-First Century Labor Markets: An Introduction.” So needless to say, Harry knows a thing or two about this. In this episode, we chatted about the intersection of government, the private sector, and educational institutions, and how they can better cooperate and support each other to develop a high-performing and equitable workforce. This is another episode you're not going to want to miss, so with that…let's bring it in!

Former Chief Economist at the White House National Economic Council Chief Economist at SMBC Nikko Securities. Learn more about your ad choices. Visit megaphone.fm/adchoices

PEO Leadership 2022 Conference - Special thanks to Focus Asset Management for making this fireside chat possible! David Rosenberg provides advice to 2,600 clients, both retail and institutional, across 40 countries. He is the founder and president of Rosenberg Research, an economic and financial market consulting firm he established in January 2020. Prior to creating his own company, David was chief economist and strategist at Gluskin Sheff + Associates from 2009 to 2019. Prior to that, from 2000 to 2009, he was at Merrill Lynch, where for the first two years he was the chief Canadian economist and strategist based out of Toronto; for the last seven, he was the chief North American economist at Merrill Lynch in New York, where he was consistently ranked in the top three of Wall Street economists polled by the annual Institutional Investors survey.PEO Leadership provides its business community the ability to leverage its collective knowledge, experience and network; to challenge and be challenged in a high-disclosure, objective and trusted environment through a combination of Peer Advisory Boards, One-on-One Coaching, and Thought Leadership Executive Networking Events - all for the purpose of enhancing the personal and professional lives of its members.

Thank you for listening to the 33rd episode of "This Week's Economy," where I briefly recap and share my insights on key economic and policy news. Please share this episode on social media and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com). Today, I cover: 1) National: Today's U.S. jobs report reveals overall weakness and disappointing growth, and my thoughts on Oren Cass's surprisingly good take on government spending; 2) States: Texas' special session letdown that should have resulted in Universal School Choice and real property tax relief and a recent economic report on Louisiana showing the state's need for reform in several key areas; 3) Other: My latest podcast episodes featuring Former U.S. Senator Phil Gramm, the Human ReAction podcast, and my upcoming episode with Dr. Carlos Carvalho.

PEO Leadership 2022 Conference - Special thanks to Focus Asset Management for making this fireside chat possible! David Rosenberg provides advice to 2,600 clients, both retail and institutional, across 40 countries. He is the founder and president of Rosenberg Research, an economic and financial market consulting firm he established in January 2020. Prior to creating his own company, David was chief economist and strategist at Gluskin Sheff + Associates from 2009 to 2019. Prior to that, from 2000 to 2009, he was at Merrill Lynch, where for the first two years he was chief Canadian economist and strategist based out of Toronto; for the last seven he was Chief North American economist at Merrill Lynch in New York, where he was consistently ranked in the top three of Wall Street economists polled by the annual Institutional Investors survey.PEO Leadership provides its business community the ability to leverage its collective knowledge, experience and network; to challenge and be challenged in a high disclosure, objective and trusted environment through a combination of Peer Advisory Boards, One-on-One Coaching, and Thought Leadership Executive Networking Events - all for the purpose of enhancing the personal and professional lives of its members.

This week, I'm running back an interview I did with Will Page in 2022. It was our most popular episode of 2022 and we talked about a lot of topics that are still timely and still being debated right now in the industry. One of the most unique insights into the state of the music business today doesn't come from a record label exec. Not from an agent. Not from an artist. No, it comes from Scottish economist Will Page, who served that role for Spotify from 2012 to 2019 — a period of explosive growth for the streaming giant. But if you ask Page about streaming's future, he's not nearly as optimistic as the rest of the industry. “The party has to come to an end,” as he told me on this episode of Trapital.Page believes the music industry is transitioning from a “herbivore market” to a “carnivore” one. In other words, future growth will not come from brand-new customers — it'll come from the streaming services eating into each other's market share. Not only has subscriber counts possibly tapped out in Page's opinion, but streaming services have also put a ceiling on revenues by charging only $9.99, a price that hasn't budged in 20 years despite giant leaps in technology and music catalog size.  That against-the-grain prediction was one of many Will shared with me during our in-depth interview. But he has plenty more research- and experience-backed thoughts on touring, vinyl records, Web 3.0, and everything in between. Believe me, this is an interview you don't want to miss. Here's everything we covered: [3:21] The Global Business of Music[4:15] Vinyl Records $1.5 Billion Recovery[08:54] Will's Bearish View About The Future Of Streaming[14:46] Ongoing Price War Between Streaming Services[18:33] The Changing Economics Of Music Touring [21:44] Performing At Festivals Vs. Tours [24:57] The Evolution Of Music Publishing[28:34] How Music Revenue Gets Distributed To Publishers[32:41] What Does A “Post-Spotify Economy” Look Like? [33:44] The Current Business Landscape Of Hip-Hop Listen to Will's mix right here: https://www.mixcloud.com/willpagesnc/we-aint-done-with-2021/Check out Will's Podcast, Bubble Trouble, where he breaks down how financial markets really work.Read Will's book, Tarzan Economics: Eight Principles for Pivoting Through Disruption.Listen: Apple Podcasts | Spotify | SoundCloud | Stitcher | Overcast | Amazon | Google Podcasts | Pocket Casts | RSSHost: Dan Runcie, @RuncieDan, trapital.coGuests: Will Page, @willpageauthor Trapital is home for the business of hip-hop. Gain the latest insights from hip-hop's biggest players by reading Trapital's free weekly memo. TRANSCRIPT[00:00:00] Will Page: When you have 110 million households, and you have more than 110 million subscribers in the United States, then we are in a race to the finishing line before herbivore turn into carnivores.In oil, we have this expression called peak oil, which is we know that we've extracted more oil in the world than is left to extract an oil that's left is gonna be even more costly to get out the ground. I think we're in peak subscriber territory where at some point soon we're gonna start seeing growth happen through stealing other customers as opposed to finding your own.[00:00:29] Dan Runcie Intro: Hey, welcome to the Trapital Podcast. I'm your host and the founder of Trapital, Dan Runcie. This podcast is your place to gain insights from executives in music, media, entertainment, and more who are taking hip hop culture to the next level.[00:01:12] Dan Runcie Guest Intro: For today's episode, let's revisit the most popular episode that we did in 2022. That's the conversation that I had with Will Page. Will Page is the Former Chief Economist for Spotify, the author of Pivot, and Advisor consultant to many of the companies that are leading the music industry today. In this conversation, Will and I talked about a lot of topics that are still timely and still being debated right now in the industry.The price of streaming. Streaming, especially for Spotify, is still $9.99 in the. Pound and Euro in many markets. But Spotify wants to keep that price for several reasons. They want to continue to grow as much as they can. They also want something in return from the record labels. They want some type of concession if they're going to raise their prices.But as we've heard, the push has got louder and louder from the record label CEOs that want that price to increase. So we talk about some of the origins of that debate and where that may be. Then we also talk about some of the competition among the digital service providers as well, whether it's Apple Music, Spotify, Amazon Music, and others.We talk about how it's transitioning from a herbivore market to a carnivore market now that the market's getting saturated. You probably heard that term a bit over the past year that originated from this podcast. So we talk about that a number of other timely things and more we'll eventually have will back on the podcast soon.But this is a nice precursor to refresh the memory a bit and with some of the topics that are still going on in music today. Here's our episode. Hope you enjoy it.[00:02:48] Dan Runcie: Some of the work you've done for a company that is very heavily focused on playlist, which is Spotify, and I think more broadly looking at the streaming era we're in right now.This is a great time to chat because we just saw the IFPI results and streaming as continuing to grow as we've seen. But I feel like you probably spotted a few interesting trends about where things are heading, and I think that's a question mark for a lot of people. Streaming continues to grow, but how far can it grow?What are we seeing in terms of differences within genres or regions? What are some of the things that stuck out[00:03:21] Will Page: to you? I'll give you a couple. The first one is the global business. Well, last time I looked at United Nations, I think there's 208 countries in the world. The global yearbook that we're discussing here has, I think 58.So we have to be careful what we define as global. I think Africa's clubbed together as one continent and where they need to work on that. But I think the global business is growing, but it's also becoming more American. So if you go back to when Spotify launched America, 22, 20 3% of the business round about just over a fifth.Today it's 37%. So we have seen the business grow and become more American, and that raises questions, you know, economic questions like globalization, questions, should poor countries catch up with rich ones? The theory says yes. The reality often says no. So we're seeing this kind of lopsided growth where the business is growing, but it's growing in favor of an American market.The biggest country is growing at the fastest. That's a positive problem, but I just wanna flag it, which is, that's not how it was supposed to play out. And then the second thing I'd wanna point to as well is just vinyl. this vinyl recovery is just, well, I don't know how much my bank balance is responsible for this vinyl recovery, but I'm telling you, Is define the laws of gravity.Now, we're now looking at vinyl being worth one and a half billion dollars, which is more than it's been worth in the past 30 years. It's worth more than CDs, cassettes, and downloads, the three formats that we're supposed to declare that vinyl is dead. But there's two things you can kind of cut out the vinyl recovery, which I think will be of real interest to your audience.Firstly, on the consumer side. I saw a survey which suggested that the majority, just over half of all vinyl buyers today, don't own a record player. I mean, something's cooking here. So what are we buying it for? I'll extend that as well. the cost of wall frames to frame vinyl on your wall often cost more than the record itself.So I'm willing to pay more for vinyl to you know, framed on my wall than I am for the record. And by the way, I don't have a record player. There's a lot of people who will tick those bizarre boxes. But on the crater side, something else is interesting. This'll take a little bit of working through.But if we think about the streaming model, it's monetizing consumption. That's what it does. So if there's an album with 10 songs, three killer and seven filler songs, and an album, and let's say Dan Runcie wrote the Three Killer Tracks and Will Page, he wrote the Seven Duff Filler Tracks. On streaming, Dan might walk away with all the money and I'll walk away from none because we're only streaming the killer tracks and nobody's touching the filler.As the album model kicks out from vinyl, I would get 70% of the cash. That's crazy because nobody knows what's being consumed and it's a lot of cash. If I just kind of do some rough math here of a million fans streaming your hip hop record on Spotify, and let's say they're stream. 200 times in a month when the album drops, you only need 20,000 of them of that million to make the same amount of money from vinyl than you would do from streams, which is entirely plausible.But then how do you pay the copyright owners from those songs on an album is very different from how you pay them on a stream. If you go back to the late seventies, the, one of the most successful records of all time was Saturday Night Fever, the Bee Ges and a bunch of other people. It's crazy to think that Ralph McDonald's Calypso strut his record there, which nobody has listened to, got the same royalty as staying alive by the Bee Gees because it was a vinyl record.So to reiterate, on the consumer, I don't know how many of these vinyl records are being played, and on the crater side, it raises questions about how these craters are gonna getpaid.[00:06:53] Dan Runcie: That's a good point book that I don't think is being talked about as much about the vinyl search because there's so much like wow, about just how much is being purchased.I think I even saw the stat that Adele's 30 album sold 8,000 cassettes. Or there was stuff tied from Stat about that, and I think the similar thing that you said, lines up having those people actually still own a watman or whatever type of cassette player that they have. So I do think that that is something that probably there could be a deeper analysis on because.A lot of the people that write the filler songs, how do they feel? Or whether you're a songwriter, whether you, you know what's behind it, especially when you know that there's so much clear path to be able to determine, okay, this is going to be the lead single, this is what we're gonna push most from this album.It really shifts things even more to where things are going in terms of a single market. Like the way that people have talked about pop music for a while now, right? And I guess that brings a, brings me back to the streaming trends that you mentioned. Overall, we're in this area, as you mentioned, streaming itself, the US penetration is grown from 22%, I believe you said is now through your 35, 37, somewhere around there.But where do we go from here because as you've written before, the price of music streaming, at least the monthly subscription hasn't necessarily been increasing. The average revenue per user overall because of the international growth is decreased, and you have plenty of people that are still trying to get there, fair share of what they can.It's streaming so. It's in like five, 10 years from now. If you could see into the future, where do you think streaming distribution is? I think the good thing is that people have smartphones and there's more and more growth from that perspective. So streaming is going to grow, but on the other hand, the economics of these things do have some theoretical goal point where we've maximized the global penetration of this.What do you think about, where that is going?[00:08:54] Will Page: Let me unpack it in two different lanes. Firstly, I'll deal with the saturation point question, which is, you know, how long can this party keep going for? It's three o'clock in the morning, who's gonna call time on it? And then secondly, I wanna deal with the pricing point on its own lane as well, but on saturation point, you're now in a situation where I put it as in America, we've had herbivores. We've had Spotify growing Apple, growing Amazon, growing YouTube, growing. Everybody's reporting growth, Pandora even is growing. What we are gonna see some point soon is carnivores.Which is Apple will grow by eating into Spotify's growth, or YouTube will grow by eating into Amazon's growth. So the key question we gotta ask is when do we go from the herbivore market? We're in today to a carnival market of tomorrow, and I output Spotify's US subscriber number around about 45 million, Apple at 49 million. We dump on top YouTube. Amazon, Pandora, you're well past 110-120 million. Now, that's important because I reckon and there's around about 110 million qualifying households in America that has at least one person who could pay for a streaming service. This is crucial because if you look at what Apple One's bundle is doing $30 a month for news, music, television, gaming, fitness, and two turbos of storage per six account holder. It's a household proposition they're saying to the home, I got you convenience. Everyone under this roof is covered with Apple products. So when you have 110 million households, and you have more than 110 million subscribers in the United States, then we are in a race to the finishing line before herbivore turn into carnivores.In oil, we have this expression called peak oil, which is we know that we've extracted more oil in the world than is left to extract an oil that's left is gonna be even more costly to get out the ground. I think we're in peak subscriber territory where at some point soon we're gonna start seeing growth happen through stealing other customers as opposed to finding your own.So I just wanna put that warning flag out there. Just now we're partying like it's 1989, fine, but at some point the party has to come to an end and gross is gonna come at the expense of other players that then flips, you know, from the A side to the B side of this record. We flip it over to price and then the pricing debate is interesting.I published this work called MELD Economics,uh, which we can cite on your, your wonderful website there. Which was to look at 20 year history of the nine 19 price point, and its crazy story back in the 3rd of December, 2001, over 20 years ago. Today Rhapsody got its license for a $9.99 offering, which had 15,000 songs.First point. The origins of 9 99 bizarrely date back to the Blockbuster rental card. Some coed up label executive would've said, if it cost 9 99 to rent videos from Blockbuster, that's what it should cost to rent music. Secondly, there was only 15,000 songs with limited use case. There was no smartphone back then.No apps, no algorithms. That was all a weird welded into the future. So you just. 9 99 for 15,000 songs. We are now chatting in early April, 2022, and it's still 9 99 in dollar in Euro and Sterling, but we're offering a hundred million songs. That's the crazy thing. So in the article, Mel Economics, what I do is I strip inflation out in the case of the uk, 9 99 has fallen down to six pounds, 30 pence.Remember, you know, Family Plan makes music cheaper too. If 2.3 people are paying $40.99, that's six pounds 50. There's way too many numbers in this conversation for Trapital, but still we'll stick with it. Student plan makes it cheaper too. So music in real terms, has fallen to six pound 30, which is less than a medium glass of Malbec wine, so 175 milliliters of Malbec wine costs than a hundred million songs, which is available offline on demand without adverts. That for me, is certified bonkers. I don't understand what we've done. We're offering more and more, and we're charging less and less, and you only have to leave the ears to the eyes on the video streaming to see what they're doing on the other side of the fence.Netflix has got me from $7.99 to $8.99 to $12.99, to now $14.90. In the space of 15 months, and I haven't blinked Disney plus. The reason I'm paying $4.99 on Disney Plus is because I paid $19.99 to get Cruella live on demand. So they're charging more and more, but only offering part of the wells repertoire set for eyeball content.We are charging less and less and offering more and more of the wells. Ear hole content, so it's like two ships passing each other in the night. It's a very interesting dilemma.It's intriguing because when you look at the way that video is structured, as you mentioned, you have all these price increases, and I think Netflix for some plans is, you know, $18.99, it's approaching that level, but in music, It's this thing where, yeah, there's some price differences where I think I saw today that Amazon music is increasing a dollar, but that's from $7.99 for prime subscribers to that being $8.99. So we still have to cross that.I wonder if I won't cost that.[00:13:57] Dan Runcie: I mean, honestly, I feel like there's something here because when I think about this, I think about a few things.Obviously you do have this fight where the artists wanna get more and the labels wanna get more, you know, not just for the artists, but for themselves. And obviously Spotify wants to earn more logically. You would think, okay, if you increase the price and people just understated the economics of what's likely.If Spotify increased up to 1299 a month for the standard base rate, how many folks would boing. But to your point earlier, I have to imagine that the fear is looking at the trends and where that penetration is. If they jump up to $12.99, then they're going to lose those customers to the other streaming services that haven't jumped there yet because of that thought of, you know, shifting to that carnivore mentality of competing with each other. So because for roughly 80% of the content that they do offer, it is roughly the same between each of these services. It's led it to be more of a price war then in video streaming, where most of them do have some differentiated content.[00:15:02] Will Page: A hundred percent. And two things to bolt onto your very eloquent points there. And firstly, let's just remind ourselves that Apple launched superior sound quality. You may remember the, commercial of Lossless audio. You buy your AirPods, which cost two years of Apple Music or Spotify to put in your ears and you get superior sound quality, the subtext underneath it said at no extra cost. That was the actual marketing message. So there again, we are improving the offer we're supplying more but we're charging less in real terms. And that's a really interesting kind of point kind of cut into. And the second thing, and we should get balance into this discussion cause it's delicates, we have to remind ourselves that, you know, there's 120 million subscribers in America.There's still another 120 million to go, but we know they're not that interested in paying for music because they haven't paid yet. Now the best way to attract them is not necessarily to raise price. So we gotta remember that there's still, you know, oil to extract. It's not gonna be easy oil to extract, but the best way to get to it might not be to raise price, but there's a catch to this.I can remember in the early nineties, right up to 2010 piracy, ripping the asset out of this business and concept promoters were saying. We love piracy because the kids are getting music for free so they can pay more on concert tickets. I wonder if now they're saying we love Spotify because they don't raise prices, which means we can raise ours.This is not a discussion of how to rip off the customer. This is a discussion about value exchange and I just wonder whether recorded music is leaving value on the table. That's the key pointto hammer on.[00:16:32] Dan Runcie: That's a good point. And I think that also made me think too, could there be some notion of maintaining the perception of Spotify as something that still has high pricing power and still has high consumer surplus, because then that helps the stock price.And then seeing that the major labels are all invested in Spotify itself. It's about like having that perception of, you know, the future growth and whatever it is. So what you just said made me think about that being a factor potentially too.[00:17:02] Will Page: A hundred percent. And of course, you've gotta distinguish the Spotify Apple music cost structure from that of the video streaming companies in that they have a kind of variable cost.You double your business, you double your cost base. Whereas Netflix, you jump up costs and you have, you jump up your revenue, you know, you raise me from 7 99 to 14 point 99, the cost of that content was fixed. And I'm still consuming the Fresh Prince of Bel Air on Netflix to this day. That was a fixed cost deal that he did to get that content and that's margin to Netflix.So, you know, the cost structure matters to this one as well.[00:17:33] Dan Runcie: Definitely. And you mentioned live music there, and I think there's a lot to think about from that perspective. I Feel like we're in this post pandemic. I mean, we're still not out of it, but we're in this post quarantine era, more artists than ever are trying to tour and get out there trying to capture what's there, but also from an economic perspective from that.Most people are only gonna go to a certain number of live events per year, and we have this 18 to 24 month run coming up where everyone wants to make up for what they couldn't do in the past two years. How will that shift, not just who then goes on tour together, and then how they may split those profits, what the availability looks like?And if they're not able to do what they may have done on tour in the late 2010s, how does that affect future touring? I think that's a piece of it that, you know, we still haven't necessarily seen the impact of, but it just feels inevitable based on where things are heading. You did it.[00:18:33] Will Page: Absolutely. Now on touring, I was lucky and I gotta do some great work on the UK live industry, and I can only speak for the UK here.I know a lot of your audience in the US but I think these points will carry. The first one was to work out how much is spent on concert tickets in Britain during the, the normal year of 2019, and the answer was 1.7 billion pounds. That's more than was spent on recorded music a lot more than was spent on recorded music, which makes sense, you know, you pay 120 pounds on the Spotify account, you're paying 240 pounds to go to Redding Festival. Two days in the muddy field in Redding, cost more than 365 days of all the wells. But what I noticed there was the industry is changing in its growth. I showed that between 2012, the year of the London Olympics and 2019, The live music industry in this country had exploded and grow, but it was lopsided.All the gro came from stadiums, festivals, and to lesser extent arenas. The theaters, the 2000, 3000 capacity theaters like the Philmore West over where you are, they were getting crushed. They were actually shrinking in size. So we have this lopsided live music industry, which is going right in the direction of the head as opposed to the long tail, the stadiums, the festivals, the arenas, as opposed to the theaters, the clubs, the university venues.And that's interesting cuz that's gonna change the dynamics of how you make money from live. Do you go from doing your tour of an album to doing a tour of your festivals for that record? And what does that mean? The cost structure for the insurance and all those things that bands have to consider when they're hitting the road.I mean, credit to capital. You've had some great podcasts recently on this topic, but as, a big rethink coming along in this live music market, it's not the same as we had back in 2019. It's changed fundamentally, and it is the breadwinner for most artists' income. I think it makes up about 70% of what an artist has to live for comes from the road that vanished.How do we get it back?[00:20:22] Dan Runcie: I feel like Cardi B has been a good. Case study on this specific point here, right? It's been four years now since she released an album, and she's yet to go on a true proper tour in that time. That said, she's done plenty of festivals where she's earned more on those festival guarantees that she likely would on tour.She's also done many private events where she's likely earned that save amount, if not more. So there's a whole economic argument to be made, and I think there's also some risk involved too, right? I think that festivals do give you the opportunity to. Get that major bag, you get the high number, the revenue that comes through, but maybe your fans will be a little bit more forgiving if your set piece at your festival isn't the most extravagant thing, especially if you're not the headliner at it.But on a tour, I think it changes. It's a little bit more pressure, everyone wants to see that Instagramable or talkable moment to then sell future tickets and just the production cost and everything with travel. It still is something that is very worthwhile, but I think we've just started to see some of that segmentation there.Especially for someone like her. I would add residencies too. I know she's done a few different things in Vegas here and there, but yeah. Still yet to do that 30 city worldwide tour.[00:21:44] Will Page: Yeah, I think you gotta think with your head and your heart. Your head says like you point out the economics favors festival.Your back line's there, your insurance is covered. Travel's already covered. I have numerous hip hop bands perform at festivals in Europe, and that's one of the big advantages. The costs are all taken care of by the festival, but your heart says, what does that do to intimate relationships with your fans?[00:22:05] Dan Runcie: Right?[00:22:05] Will Page: I mean, you're staring at 50,000 strangers in the muddy field. That's different from staring at 2000 friends in the Fillmore West. So the head and the heart's gotta come into play here. What I would add though is that there are rumors, I would say here in the UK at least, that the promoters are saying, I'll pay you a ton of money to perform at the festival to make sure that you don't go on tour.And that's an interesting situation. If you build one too many houses, you collapse a property market. If you have one too many tours or one too many festivals, you collapse live music industry. So there's ways in which people are trying to restrain the market to festival. At the expense of the theaters.That certainly is coming through in the data. We're seeing the theater business take a kick in while festivals go on a roll.[00:22:45] Dan Runcie: Yeah, because I think about, you look at the artists that are touring stadiums now, whether it's your Taylor Swift's or Beyonce's, they wouldn't be able to do that if they didn't have the individual tours at smaller venues when they were starting out. Being able to build that intimate fan base, like you said, like you get to that point, right? And I do think that as good as festivals can be, it is much more of a lucrative cash grab that is, I don't wanna say necessarily short-term thinking, but I think you ideally wanna have some type of balance there, right?Get the big bag that you can get from something else. It's almost no different. I think running a business, right? Okay, sure. You may be able to do a speaking fee or do some type of, you know, thing here or there, but hey, you can't do that all the time, especially if it's not an audience you're tapped into.You still need to do some of the things that could set you up for the long game.[00:23:37] Will Page: Yeah, and there's an infographic that I'll share with you to pass onto your audience here. I wrote an article in The Economist called Smells like Middle-Aged Spirit as opposed to Teen. Nice play on Words hat to Dave Gro and Kurt Cobain.But what I was looking at was the average age of festival headliners over time. This is a du pessimistic Scottish economist. This is what you do with your spare time. Okay, so in the nineties when radio head to Glastonbury, the average age of a festival headliner is 25, 26 years old. all these hot bands were coming through the Brit Pop era.You know, there was so much development of new talent. By 2012, I think it had got up to 58 and I got a lot of criticism for that article. But then Glastonbury that year had the WHO and Lionel Richie headlining, which I think was 17 and 73 years old apart. And then you can see the conveyor belt problem, which is okay, it's a quick cash grab.It makes sense. But that's not the conveyor belt of how we developed talent for tomorrow. That's just how we cash in our chips at the casino today. So it does raise questions, I'm not saying it's like the doomsday scenario here, but we just need a healthy balance of, you know, a seeded for future growth and then the big stage for exploiting that moment today, which could be the pyramid stage at Glastonbury, the headlights stage at Monterey over in the States.So I just think we're getting a little bit lopsided here. We're a bit short termist and how this business needs to develop.[00:24:57] Dan Runcie: Agreed on that. Switching gears a bit. One thing that you wrote recently that stuck out to me, you did this deep dive on music publishing, and I think this is another area that kind of has some of that short-term, long-term perspective on it, because you look at the people who get the share of the copyright pie, at least today, and from music streaming perspective, a lot of that has been much more in the favor of, the recorded side and then the people getting compensated on the recording side. But with that, the songwriters and the publishers, a lot of them necessarily in that timeframe, didn't get a lot of that. But I think in this wave now where we're seeing more catalog deals and we're seeing people understand the value of that, things may be starting to shift and there's likely other things as well.But what do you think about the way that the publishing side has been seen in what the future opportunities are for that side of the business?[00:25:54] Will Page: Well, the way that labels and publishing were taught to me in terms of what makes them distinct from one another goes back to my Aunt Dorian Loader, who worked in the music business from 1959 at Deca Records, right the way through to 2012.She ran Enzyme records with Nigel Grange, Lucian's Half-Brother. They were responsible for Shead O'Connor, who sold 11 million albums based on the Prince cover. And she once said to me, will, this is how the music industry works. The record label pays for your drugs and the publishing pays for your pension. I just kind of, that's a nice succinct way of summarizing how the business works.That was then, this is now clearly times have changed, I think, but it reminds us about, you know, what makes the business different. And then that piece of work that you cite is something called global value of copyright, where I'm really keen to educate this. Regardless of whether you're coming from a label perspective, a manager, an artist, a songwriter, there's a C with a circle on it called copyright.We get that, and it involves record labels. It involves sound exchange. It involves artists. It involves ascap, BMI, GMR, Czek. It involves publishers, David Israeli, and the great folks at the NNPA. It Put the whole thing together for me, all this spaghetti and strain it out. And what I was able to show was that in 2020, copyright was worth 32.5 billion, way bigger than what you've just heard from IFPI way bigger than what Czek would say.This is the entire thing. And the split was about 65% labels, 35% to the publishers. Now, if you go way back to 2001, when we used to sell CDs by weight of pate. In the cocaine capitalism days, you know, record labels back then. The split was much more in favor of labels, you know, more than three quarter labels, less than a quarter to the publishers.And what we've seen happen in the years in between is quite an interesting story. Labels went from boom time with CDs to bust with piracy, and now they're booming again with streaming. And the inverse, the opposite happened. Publishers as labels went bust. ASCAP, BMI kept on reporting record breaking collections, so you have a hair tore toys analogy here of labels going really fast and falling off a cliff.Publishers just trundled along with record breaking, not massive record breaking collections, but it kept on growing their bases. So, the questions these throw up is what type of industry are we moving towards? Are we going back to a business model which paid labels over three quarters of the pie and publishes less than a quarter, and is that a good or a bad thing?Or in this post Spotify economy where we're seeing companies like Peloton, Twitch, TikTok, come to the business, is that gonna have a completely different balance? Now why this matters to your audience is not just on the crater side, but also on the investment side. You pointed out catalog valuations. We can dig into that if you want, but just a high level point is, let's say that in a few years time, I go into my back cave again, calculate the global value of copyright, and instead of 32 and a half billion, it's 40 billion.I'll come on Trapital show, I'll make an exclusive announcement. Copyright today is worth 40 billion, seven and a half billion new dollars. Have come into this business, I want the audience to start thinking about who gets what share of that marginal new dollar. Is that gonna split publishing side or is that gonna split label side?And if you're investing in catalogs, be the master rights, be the author rights that really bears, there's a huge educational drive here to understand the balance of this business of copyright.[00:29:15] Dan Runcie: So there's a few things you've said there that I wanted to dig into. Of course, for streaming Spotify and its competitors around 75%.Is going to the recorded side a quarter to publishing. But from a breakdown, what does that look like for the TikToks, the Roblox and the Pelotons? What does that share of revenue from those plays look like?[00:29:38] Will Page: So, The best way I could do this is if I just talk about ratios. There's three Rs in this business.There's share of revenue, there's ratio in this rights pool. They mean different things. Most experts get confused. With these three Rs, I'm gonna stick to ratios. That is, if I give the label a dollar, how much do I give the publisher, the songwriter, this collective management organization. So we stick to the conventional streaming model Today, I would say that if you give the record label a dollar, you're giving the publishing side of the.24 cents, you know, a decent chunk of change. But still the pure cousin of the record label on YouTube, I think it could be as high as 35 cents, 40 cents even. Because there's a sync right? Involved in those deals. And then when you take that observation of imposing the sync right into deal, and you expand it to Peloton or TikTok, potentially even more, and then you can flip it and say, well, what happens if the future of TikTok is karaoke?Not saying it's gonna happen, but it's not implausible if that was the case. That favors publishers even more. So there's all these weird ways that the business could develop, which could favor one side of the fence. The labels and the artists continue getting three quarters of the cash or the other side of the fence.Publishers and songwriters start enforcing their rights and getting. A more balanced share and that that's what we need to look out for when we're investing incorporates. That's what we need to look out for. If you're a singer and a songwriter and you're trying to understand your royalty statements[00:30:57] Dan Runcie: mm-hmm.Well, like how much higher do you think? I mean, if you had to put a percentage on it for the TOS or the Pelotons, and I guess as well, you made me think of sync deals, right? Like for the folks that are selling, or their song gets placed on one of these hulu series or one of these HBO Max series, like what does that ratio look like, you know, from a ballpark for those.[00:31:20] Will Page: So I think a 50 50 split would be the upper bend of the goal. If, if a song is placed in a Hulu TV show or you know, an artist I've worked with for many years, Yu Dito Brazilian composer, his songs now in this famous easy Jet commercial over here in Europe. The artists and the publisher would see around a 50 50 split of those revenues.Now, would that happen in the world of streaming? Unlikely. But I think if you can get to a stage where you're giving the record label a dollar and the publisher 50 cents as a ratio, and I've gotta repeat the word ratio here, you know, that's potentially achievable with this post Spotify economy. I don't think it's gonna happen with the business we're looking at today, but I think that's a potential scenario for the business developing tomorrow.That's the thing. If I can quote Ralph Simon, a, a longtime mentor to me, he always says, this industry is always about what's happening next. And then he goes on to say, it always has been. It's a great reminder of just, you know, we're restless souls in this business. We've achieved this amazing thing in the past 10 years with streaming.Got there. Banked there what's coming next, who would've thought Peloton would've had a music licensing department 18 months ago? Now they're like a top 10 account for major labels.[00:32:30] Dan Runcie: It's impressive. It really is. And I think it's a good reminder because anytime that you get a little bit too bullish and excited about what the current thing is, it's, we always gotta be thinking about what's next.And you mentioned a few times about a post Spotify economy. What does that look like from your perspective? I think there's likely a number of things that we've already talked about with more of these other B2B platforms or where these other platforms in general, having licensing deals. But when you say, or what do you think about post Spotify economy?What comes to mind for you?[00:33:02] Will Page: Let me throw my fist, your words, your jaw, and try and knock you out for a second. We talked about price for a minute, and we talked about streaming. We haven't talked about gaming, but you noticed the Epic Games. It's just acquired band. I learned a fascinating stat about bandcam, which relates to my book Tarzan Economics.There's a chapter in the book called, "Make or Buy", where I sat down with the management of the band radio head. We went through the entire in Rainbow Story for the first time ever, a real global exclusive. Explain how that deal worked out, what they were really achieving when they did their voluntary tip jar model.And by the way, can I just put a shout out to one of your listeners and live from the Ben Zion. Best remix of Radiohead I've ever heard in my life is Amplive, Weird Fishez hip hop version of the entire album. But Radiohead tested voluntary tip jar pricing. Now check this out. If you put your album out on Band Cap, could be a vinyl record.Remember, it's the people who are paying to stream who are also buying vinyl. So if you put a ban, an album, my own banquette, and you say name your own price, no minimum, and there's a guidance there of 10 bucks, the average paid is. People go above 40% asking, and that could be for a super rich blockbuster artist who tries something out in band camp.That could be for some band who's broken Brooklyn, Robin and coins together, trying to make them breed. People go 40% above asking when you say name your own price. And that's interesting for me. there's a great academic paper by Francesco Cornell from Duke University. She asked, how should you price a museum?An intuition says Top-down. Museum should set the price. Adults 10 bucks, kids, five bucks, pensioners, some type of discount arrangement. But she said, no, let the visitors set the price because that way rich people will give you even more and poor people can attend and you'll see more cash overall. And I would like to see a little bit more of that experimentation around pricing compared to the past 20 years where we've had a ceiling on price, where if you really love a band, all you can give a platform is $9.99 and not a penny more.I think that's, we're suffocating love. We're putting a ceiling on love and we need to take that ceiling and smash through it and let people express love through different means. But I love that ban camp story. Whatever you suggest, I'll give you 40% above cuz it's art. We're not dealing with commodity, we're dealing with culture and that's why we gotta remind ourselves.[00:35:13] Dan Runcie: It's like the Met model, right? Where at least the last time I went, it was like $20 was the recommendation. But to your point, it at least had some vary of a threshold. But the people, a lot of the people that go there that have a lot of money end up giving much more. So I hear you on that. That's a great note to end on. Will, thanks again. Thank you so much.[00:35:33] Dan Runcie Outro:If you enjoyed this podcast, go ahead and share it with a friend. Copy the link, text it to a friend, post it in your group chat. Post it in your Slack groups. Wherever you and your people talk, spread the word. That's how capital continues to grow and continues to reach the right people. And while you're at it, if you use Apple Podcast, Go ahead.Rate the podcast, give it a high rating, and leave a review. Tell people why you like the podcast. That helps more people discover the show. Thank you in advance. Talk to you next week.

The Bank of England is expected to bring to an end its series of rate hikes in May after it agrees on one final hike. The view of the market is that rates are either at a restrictive level now, or will be following another hike and there is a danger, given the perceived fragility of the economy, that there is a danger that the Central Bank may tip the economy into recession. This is especially true given that, in its own words, the Bank expects the economy to be flat this year. Any further tightening of monetary policy runs the risk of being the final straw. Former Chief Economist at the Bank, Andrew Haldane, spoke last week of his fear that any further hikes would set aside the progress that has been made in the balancing act between growth and inflation. The fifteen-month-long sequence of rate hikes hasn't completely fed through into the economy yet, and the Monetary Policy Committee would do well to pause to allow the total effect to be seen. If after a pause inflation remains uncomfortably high, there is no reason that further tightening could take place if it was deemed necessary. With the base rate of interest now at 4.25, its highest since 2008 when rates were cut to provide a significant amount of support to the market following the financial crisis, Haldane believes that the MPC has an opportunity to view the effect of a natural fall in inflation without placing the economy in further jeopardy. Beyond Currency Market Commentary: Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.

Thomas Barkin, Richmond Fed President, reacts to US January CPI data. Stephen Stanley, Santander US Capital Markets Chief US Economist, says the latest inflation print came in 'as expected' but 'could have been worse.' Kenneth Rogoff, Harvard Professor of Economics & Public Policy & Former Chief Economist at the International Monetary Fund, says we could see interest rates at 6%. David Rosenberg, Rosenberg Research Founder & President, says today's data gives the Fed a green light to go in March. See omnystudio.com/listener for privacy information.

Larry Kudlow talks to John Carney, the Breitbart News Editor and co-author of the Breitbart Business Digest and Joe LaVorgna, the former Chief Economist at the White House National Economic Council and current Chief Economist at SMBC Nikko Securities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Our summer podcast series brings you some of the best conversations from our webinars in 2022. Earlier in the year the Australia Institute hosted Nobel Laureate Professor Joseph Stiglitz for a speaking tour of Australia. In this episode he, Richard, and Ebony discussed the need to expand the role of governments, unions, and civil society. This was recorded on Monday 11th July 2022 and things may have changed since recording. The Australia Institute // @theausinstitute Speakers: Joseph Stiglitz, Former Chief Economist at the World Bank, Chief Economist at the Roosevelt Institute // @JosephEStiglitz Richard Denniss, Executive Director at the Australia Institute // @RDNS_TAI Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Producer: Jennifer Macey // @jennifermacey Edited by: Emily Perkins Theme Music: Pulse and Thrum; additional music by Blue Dot SessionsSupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Guests: Edward Bartlett, Founder of the Coalition to End Domestic Violence, On to discuss the myths surrounding domestic abuse. Diana Furchtgott-Roth, Former Chief Economist of the US Department of Labor, On to discuss the looming rail worker strike. And ... Your thoughts on the news in open phones across America.See omnystudio.com/listener for privacy information.

Ashcroft writes a letter to Roy Blunt asking him to vote against the bill to 'protect' marriage. Former Chief Economist for the Mo. Budget office Tom Kruckemeyer discusses the state's massive budget surplus

The former chief economist for Industry Super Australia says the Suburban Rail Loop is the "worst infrastructure project of all-time" and the fiscal record of Daniel Andrews is disgraceful.See omnystudio.com/listener for privacy information.

President Biden's Thursday primetime speech echoed his 2020 campaign Mark Murray, Cornell Belcher, Sara Fagen and Michael Beschloss discuss. Sahil Kapur and Ryan Reilly reports the latest ahead of a federal judge's decision that will determine whether an independent special master will review documents obtained from the Mar-a-Lago search. National Center for Education Statistics commissioner Dr. Peggy Carr takes apart data that reveals alarming learning achievement gaps as a result of the pandemic. Former Chief Economist at the Department of Labor Betsey Stevenson discusses the August jobs report. NBC News correspondent Gadi Schwartz reports from Los Angeles, where excessive heat is hitting communities.

Christian Economist David Bahnsen Interviews Former Chief Economist at the White House National Economic Counsel (Joseph LaVorgna), on The Larry Kudlow Show. Learn more about your ad choices. Visit megaphone.fm/adchoices

Christian Economist David Bahnsen Gives his Opening Monologue on The Larry Kudlow Show. As David Bahnsen fills in for Larry today in the 11am hour! He interviewed, Former Chief Economist at the White House National Economic Counsel (Joseph LaVorgna), Managing Partner of Kace Capital Advisors Ken Polcari, and Global Smart Commodity Group Charman, Jack Bouroudjian. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, I sit down with Dr. Sergei Guriev (click here for full bio). Dr. Guriev is the professor of economics and director of graduate programs in economics at Sciences Po, Paris as well as the Former Chief Economist and the Member of the Executive Committee of the European Bank for Reconstruction and Development (EBRD). He also served as the former Rector of the New Economic School in Moscow. Most recently, he is the co-author of "Spin Dictators." We discussed the next phase of Putin's authoritarianism, the rise and current political environment of China, and what the West and the next generation can do to fight tyranny and despotism! Topics:What are "spin dictators?"How Putin used white-collar crime charges to imprison political opponentsFrom spin to fear - the next phase of Putin's authoritarianism What do Russians think of Putin?The rise of spin dictatorsThe rise and current political state of ChinaWhat should the West do?Resources:Spin Dictators - https://amzn.to/3OGPUApMaster and Margarita (English) - https://amzn.to/3JhbhY2The Gentleman in Moscow - https://amzn.to/3cRm7YLSocials! -Substack: https://taylorbledsoe.substack.com/Website: https://www.aimingforthemoon.com/Instagram: https://www.instagram.com/aiming4moon/Twitter: https://twitter.com/Aiming4MoonTaylor's Blog: https://www.taylorgbledsoe.com/YouTube: https://www.youtube.com/channel/UC6-TwYdfPcWV-V1JvjBXkAll Amazon Affiliate links help financially support "Aiming for the Moon" while you get a great read or product

Our first speaker is John Taylor who is the Mary and Robert Raymond Professor of Economics at Stanford. John is famous for developing the Taylor Rule. John will explain his Taylor rule for setting the optimal short-term interest rate and why interest rates need to rise to quell rising inflation.Our second speaker is Casey Mulligan who is the Ken Griffin Professor of Economics at University of Chicago's Booth School and the Former Chief Economist for the Council of Economic Advisors in the Trump Administration. Casey will explain how government stimulus increased inflation and discouraged employment. He will also discuss his recent work in the pharmaceutical industry that shows how middlemen helped lower prices for consumers.Our final speaker is Alan Auerbach who was my economics professor when I was a student at Penn. Alan is currently the Robert D. Burch Professor of Economics and Law at UC Berkeley. Alan will discuss the dynamics between current inflation and employment. Get full access to What Happens Next in 6 Minutes with Larry Bernstein at www.whathappensnextin6minutes.com/subscribe

Today on the Larry Kudlow Show Joe LaVorgna joins the show. Learn more about your ad choices. Visit megaphone.fm/adchoices

(1:44) - Following Thursday's brutal sell-off, Friday's show open with the guys weighing in on the April jobs report, which saw 428k jobs aded to the economy with the unemployment rate at 3.6%.(12:27) - Diana Furcthgott Roth of George Washington University joined the show for an in-depth look at the labor market following the April jobs report.(25:01) - Touching on the disturbing trend of new hires not showing up for their first day of work.(35:04) - Talking about Doordash, which is down 2% today despite revenue growth of 35% in Q1.

Former Chief Economist at Spotify Will Page joins the podcast and shares his expertise. As a prolific public speaker, music communicator, and author of Tarzan Economics, Will's writings are regularly featured in Billboard, The Economist and the Financial Times. He sits down with Brian and Nick to discuss the various issues surrounding Performance Rights Organizations, as well as the music industry's problem with diminishing engagement. Show Notes: [1:16] - How Will got involved with Spotify. [4:23] - A deep dive discussion of Performance Rights Organizations. [20:50] - Will's proposed solution to these issues. [24:39] - Will's thoughts on blockchain and Smart Contracts. [31:53] - How the music industry is missing out on the opportunities posed by the gaming world. [36:15] - Why Will thinks simplifying copyright and collection is the only path forward for the music industry. Find Will on LinkedIn and check out Tarzan Economics.

This is the story of Penny Goldberg, Elihu Professor of Economics at Yale University, Former Chief Economist of the World Bank. In this episode, we discuss: - Penny's journey from Athens to academia and her path from Greece to Yale University - Her work in trade, globalization, labor markets and discrimination against women in developing countries - Being the Chief Economist of the World Bank Group - Not understating the value of happiness in life and what that costs To learn more about Penny's research and background, you can visit: https://economics.yale.edu/people/faculty/pinelopi-goldberg (https://economics.yale.edu/people/faculty/pinelopi-goldberg) https://campuspress.yale.edu/pennygoldberg/ (https://campuspress.yale.edu/pennygoldberg/) Please enjoy this interview with the wonderful, Penny Goldberg.

Sign up to our newsletter for more in-depth insights | Follow us on LinkedIn   Gavyn Davies has more on his CV than most can imagine. In his varied career, he's been advisor to the Labour government of Jim Callaghan, the Chief Economist at Goldman Sachs, Chair of the BBC, founder of Active Private Equity, and now Chairman of Fulcrum Asset Management. He's also an active writer for the FT and Guardian. Gavyn starts by describing his early work as an economic advisor to the Labour governments of 1974-79, the inflation challenges they faced, and remedies implemented. He describes the emergence of Goldman Sachs on the international stage, the evolution of macro thinking, and serving as one of the “wise men” for two UK Chancellors. He then describes the challenge and opportunity for the BBC, the subsequent decision to launch Fulcrum Asset Management and their more defensive approach to managing capital. In particular, he discusses the rationale for allocating to hedge funds - and other assets - but why lower returns should be expected. Gavyn then compares the inflationary headwinds of the 1970/80s with today, why the Fed's response is needed and should be taken seriously, fiscal policy and the withdrawal of the turbo-charged COVID responses, and which currencies he prefers. He goes on to discuss the challenges of excessive flows into the world of private equity, the attributes he looks for in allocating capital to venture PE and then in a series of rapid fire questions, he reveals his views on golf, the next PM, education, and why he loves to come to work on the London buses.

Today I am very excited to introduce you to Dr. John List, former chief economist at Uber, current chief economist at Lyft, professor at the University of Chicago, co-author of the wildly popular book, The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life, who is here talking about his newest book, which just came out a couple of days ago, titled The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale. In this episode, we talk about ideas that can scale, possible hurdles you may face when scaling, and how to overcome those obstacles. John shares about his brand new book and the five vital signs to vett your own ideas as you are growing to determine if they will scale, and what to do for those that might not be ready to scale yet. Listen in to learn all about making those good ideas great and your great ideas scale! Show Notes: [00:42] Today I am very excited to introduce you to Dr. John List. Former Chief Economist at Uber, current Chief Economist at Lyft, and professor at the University of Chicago.  [02:38] John shares about himself and his background in behavioral economics.  [03:18] He quit on his dream to be a professional golfer to pursue his new dream in economics.  [05:29] After learning he would take the lessons in many cases from the classroom and use them in the real world.   [07:19] He hasn't been to all the baseball stadiums yet, but nearly all of them.  [08:42] John shares the moment he started becoming more interested in scaling when he started a preschool and created his own curriculum. [10:59] Turning a mountain into a molehill.  [12:23] We very rarely say, “Are we doing something that is scalable?” and “What do we need to do differently in our original research if we find the program works to make it scale?”  [14:12] A constant thread in all of his walks of life is that you can only make big changes at scale.  [16:58] There are five important vital signs that any idea has to have a chance to scale.  [17:49] Just because your idea doesn't check all five boxes doesn't mean you shouldn't still go for it.   [20:01] Vital Sign 1: Make sure your idea actually has voltage before you try to scale it.  [21:14] Vital Sign 2: know your audience.  [24:41] His group developed a new product called Uber Apologies. Apologies really only work for new users.  [27:09] Vital Sign 3: Understand your situation. [29:05] Look at all of the constraints and flaws at scale and bring that back to the original research. With those constraints in place, do we have an idea that can still work? [30:18] Vital Sign 4: the spillover effect.  [32:06] His team rolled out tipping at Uber in the summer of 2017.  [34:35] Vital Sign 5: understand whether your idea has economies of scale or diseconomies of scale. Anything that has made it big has great economies of scale.  [37:28] The context or the properties of the situation are super important.  [38:02] Poke and prod and figure out where the weaknesses are. What are the nonnegotiables and if those aren't available at scale then you have to change your idea and refine.  [40:53] We have a finite number of days we get to live on this earth and we only have so many ways to change it and make it better. Why not give yourself your best shot? [42:38] The second half of the book is using storytelling and standard ways to think economically to make better decisions in your life.  [45:09] Melina shares her closing thoughts.  [47:16] If you enjoy the experience I've provided here for you, will you share about it? That could mean leaving a rating/review or sharing the episode with a friend (or 10!) Thanks for listening. Don't forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show.  I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Let's connect: Melina@TheBrainyBusiness.com The Brainy Business® on Facebook The Brainy Business on Twitter The Brainy Business on Instagram The Brainy Business on LinkedIn Melina on LinkedIn The Brainy Business on Youtube Join the BE Thoughtful Revolution – our free behavioral economics community, and keep the conversation going! More from The Brainy Business:

We welcomed Olivier Blanchard to Room for Discussion. Described by the Washington Post as 'The Smartest Economist You've Never Heard Of', Dr. Blanchard is as serious an economist as they come. He served as Chief Economist of the International Monetary Fund during the financial crisis and euro debt crises, a professor at the Massachusetts Institute of Technology and a Senior Fellow at the Peterson Institute for International Economics, one of the top think tanks in the world regarding macroeconomic policy.As the economical consequences of the Corona-crisis were unfolding gradually, there was no better time to have a discussion with one of the leading macroeconomists, who has spent seven years in Washington as chief economist at the IMF, starting at the heights of the 2008 financial crisis. During this period at the Fund, Blanchard is known for his pro-Keynesian approaches and influences at the IMF, and as being responsible for ideological shifts in the field of macroeconomics. As Nobel Prize winner Joseph Stiglitz put it: “Olivier's played an important role in opening up the Fund to a whole new set of ideas.”What exactly were these ideas, and how do we see their influence today? With Blanchard, one of the most cited economists in the world, we opened up the debate about ideological arguments within macroeconomics, the approach of the IMF towards the economic crisis resulting from the pandemic, and his book about combatting inequality. What should we, as students, know about the current crisis, and how do we put it into perspective with preceding crises?

Michael is pragmatic and thoughtful— that is what I love to see in a leader-- he is also an economist.  Seeing the world through that lens creates opportunities for analytical perspectives leading to principled explanations for hard-to-solve problems.  Economists blend facts with human behaviors and that helps us understand where we have been and what we need to do to improve, moving forward.  Michael has wonderful, practical perspective and that makes him a dynamic leader.  Grateful to share his leadership intellect on the ictpodcast. 

Former Chief Economist at Spotify Will Page is Peter's guest on episode 6 of I've Been Thinking. Peter and Will discuss his book, Tarzan Economics, and the examples within showcasing economics impacting music but also everything in our wider culture. Will reveals how streaming is changing the way music is written, how a high street chain we're all familiar with broke a hit record and why other older media streams should look at the music industry for clues as to how best adapt to the changing technological landscape around us. Please do subscribe to the podcast so you don't miss future episodes and a positive review is always appreciated. You can order Will's book, read further writing and listen to playlists curated by Will on his website - www.tarzaneconomics.com Peter can be contacted on Twitter, @peterfrankopan or via his website - www.peterfrankopan.com Produced, edited and mixed by @producerneil

Will Page former Chief Economist at Spotify joins us this week Will Page former Chief Economist at Spotify joins us this week for an incredibly interesting discussion about Spotify, streaming services, podcasts, NFTs and when should the music industry let go of the vine it is holding on to right now and grab the next […]

Join James Cridland and Sam Sethi on this week's deep dive into subscription services.SPECIAL GUESTS: - Will Page - Author of Tarzan Economics, Visiting Fellow at The London School of Economics and Political Science (LSE) and Former Chief Economist at Spotify and PRS for Music.- Charles Van Winkle - Former Senior Computer Scientist II at Adobe Systems and now Senior Software Engineer at Descript IN THIS PODCAST: Twitter Spaces is now available to (almost) everyone, on iOS and Android, if you have more than 600 followers. Apple’s Podcasts Connect still isn’t allowing new podcasts from some users.Apple Podcasts iOS 14.5.1 app has changed the way it displays episode notes, it no longer supports HTML links.  The new iOS 14.5.1 Apple Podcasts app now takes hours to deliver new episodes to your listeners. Spotify’s recently-acquired Clubhouse-like service, Locker Room, is to be called Spotify Greenroom. Headliner has integrated with “Megaphone by Spotify”.Cleanvoice is a new service promising to automatically remove all those “uhhhh” words from your recordings. It’s $3 a shot, but could save quite some time in editing. Ximalaya has filed for a US IPO. The largest online audio platform in China (with spoken-word and music content), it has 250m monthly users, and 5.2m active content creators. JustPod’s Yi Yang newsletter about podcasting in China, is also available in English.Free editing software Audacity has 'been acquired' by a new company, Muse Group.The Australian part of Podcast Day 24 will be an in-person event in Sydney NSW on June 7, it’s been announced. The conference announced its first set of speakers this morning; it’s part of a 24-hour event in Australia, Europe and North America.Buzzsprout Podcast hosting and a whole lot more

Guests: Dr. Walid Phares, Former Foreign Policy Advisor to Donald Trump, On to discuss the agreement between China and Iran. Dr. Casey Mulligan, Former Chief Economist of the President's Council of Economic Advisors, On to discuss the impact of Operation Warp Speed on the development of a COVID vaccine. And ... Your thoughts on President Biden's proposed infrastructure plan. See omnystudio.com/listener for privacy information.

#leadershipdevelopment #leadership #Hr  Dr. Dave Vance has an MBA and a Ph.D. in Philosophy, a Former Chief Economist, Caterpillar, and President, Caterpillar University. A strategic consultant in the learning field on creating business plans, measurement & evaluation, he's a publisher, adjunct professor, trustee, and executive director of the center for talent reporting, a blogger, and an Author. What would you expect to listen to: Dave provides a business-like approach to HR professionals to act as a business growth enabler rather than a support function. HR and L&D professionals entered the profession out of a desire to help others learn and develop—not to measure or report. The HR and L&D frameworks help HR professionals to understand why the framework is important, to organize their thinking, and devise a language with which to talk about measures. You'll get to know the three types of measure efficiency, effectiveness, and outcome and transform HR into more business-like! Dave explains the reasons to select a measure, based on the business needs, and how to be included in the right type of report, which may range from a simple scorecard to a more complex dashboard to a program evaluation report to a detailed management report like your colleagues in sales and manufacturing employ. In the “Measurement Demystified” book, Dave and Peggy provide detailed step-by-step guidance to create your own measurement and reporting strategy, including creating the all-important plan, year-to-date results, and forecast values in advanced reports.

01-14-2021 Casey Mulligan

CheckIn by GovSight. This week, GovSight reporter Ronald Maniece checks in with former Chief Economist for the Council of Economic Advisers and Professor in Economics at the University of Chicago Casey Mulligan on economic policies of the previous administration, populism's appeal in the United States and his time working under the Trump administration. 

How do you proactively build your career towards your long term objectives?  In Episode 32 I interview Alex Jan, Former Chief Economist at Arup. Alex has built a near 30 year career in professional services around the themes of Cities and Infrastructure economics. It's a career that has seen him work for the CBI, KPMG and the London Mayor amongst others wrestling with the big Policy issues and most complicated transactions in transport. Alex outlines his career journey and reflects on the lessons from his progression. He also shares his experiences as a hiring manager and offers some advice to those people looking to shape their own successful career. Finally Alex give sus his perspective and predictions on how economies will bounce back from COVID.

On Wednesday, October 28, Business Forward welcomed Ben Harris, Former Chief Economist to Vice President, Obama-Biden Administration, for a briefing on Vice President Biden’s plan to create jobs and investment in the Heartland.

Gabriela Santos, JPMorgan Asset Management Global Market Strategist, says markets are wrestling with a brand new economic cycle. Chris Kotowski, Oppenheimer & Co. Senior Analyst, examines third-quarter results from U.S. banks. Vitor Gaspar, IMF Director of Fiscal Affairs, says public investment can play a key role in boosting growth. Jared Bernstein, Center on Budget and Policy Priorities Senior Fellow and Former Chief Economist & Economic Adviser to Vice President Joe Biden, discusses what Trump's and Biden's competing economic agendas reveal about the economy. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Gabriela Santos, JPMorgan Asset Management Global Market Strategist, says markets are wrestling with a brand new economic cycle. Chris Kotowski, Oppenheimer & Co. Senior Analyst, examines third-quarter results from U.S. banks. Vitor Gaspar, IMF Director of Fiscal Affairs, says public investment can play a key role in boosting growth. Jared Bernstein, Center on Budget and Policy Priorities Senior Fellow and Former Chief Economist & Economic Adviser to Vice President Joe Biden, discusses what Trump’s and Biden’s competing economic agendas reveal about the economy.

Dean Curnutt, Macro Risk Advisors Founder and CEO, examines volatility in the market ahead of the U.S. election. Robert B. Wilson, Stanford University Professor, reacts to winning the 2020 Nobel Prize in Economics for his improvements to auction theory. Betsey Stevenson, University of Michigan Economics Professor and Former Chief Economist of the U.S. Department of Labor, says the U.S. can fuel growth by harnessing the untapped potential of the labor force. Paul Donovan, UBS Global Chief Economist, says the failure to do fiscal stimulus now in the U.S. is doing real damage to the economy. Nobel Laureate Michael Spence shares insights into the award-winning work of Paul Milgrom and Robert B. Wilson, whose discoveries were recognized today with the 2020 Nobel Prize in Economics. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Dean Curnutt, Macro Risk Advisors Founder and CEO, examines volatility in the market ahead of the U.S. election. Robert B. Wilson, Stanford University Professor, reacts to winning the 2020 Nobel Prize in Economics for his improvements to auction theory. Betsey Stevenson, University of Michigan Economics Professor and Former Chief Economist of the U.S. Department of Labor, says the U.S. can fuel growth by harnessing the untapped potential of the labor force. Paul Donovan, UBS Global Chief Economist, says the failure to do fiscal stimulus now in the U.S. is doing real damage to the economy. Nobel Laureate Michael Spence shares insights into the award-winning work of Paul Milgrom and Robert B. Wilson, whose discoveries were recognized today with the 2020 Nobel Prize in Economics.

Happy Birthday, UN Charter! As the United Nations turns 75, UN-Scripted looks at the past, present and future of the organization through the sharp eyes of elders and youth. In this episode, you’ll hear from former heads of states, diplomats and United Nations officials on what they believe are the UN’s greatest accomplishments and the path ahead for the organization. In this episode, you'll hear strong, controversial opinions: disillusioned UN youth delegates, elders desperate for international cooperation and pro-Asian scholars who believe the region is bound to lead the world soon. You’ll also hear from leading UN scholars who look at the key events that have shaped the United Nations since its its inception. For more information about our guests, in order of appearance: • Stephen Schlesinger, United States, Senior Fellow at the Century Foundation and former Director of the World Policy Institute at the New School; author of, among other books, “Act of Creation: The Founding of The United Nations," available here: https://www.amazon.com/Act-Creation-Founding-United-Nations/dp/0813332753 • Thomas G. Weiss, United States, Presidential Professor of Political Science at The CUNY Graduate Center and former director of the Ralph Bunche Institute for International Studies at CUNY; author of numerous books on the UN. For more information: https://www.futureun.org/en/Home • Fabrizio Hochschild, Chile, Special Adviser to Secretary-General António Guterres on the Commemoration of the UN-75th Anniversary. The United Nations worldwide survey is available at: https://www.un.org/UN75 • Mary Robinson, Ireland, Former President of Ireland, former UN High Commissioner for Human Rights and currently Chair of The Elders. Mary Robinson has also discussed human rights and multilateral cooperation in a post-pandemic world with fellow members of The Elders in special episodes of a new podcast series called “Finding Humanity”. The series also features interviews with frontline activists and human rights defenders working for change in their communities. Listen here: findinghumanitypodcast.com • Sir Richard Jolly, United Kingdom, Former Deputy Director of Unicef and a UN Assistant Secretary-General • Kishore Mahbubani, Singapore, Former Permanent Representative to the UN and Distinguished Fellow at the National University of Singapore. His book, "Has China Won," is available at: https://www.publicaffairsbooks.com/titles/kishore-mahbubani/has-china-won/9781541768123/ • Carol Bellamy, United States, Former Executive Director of Unicef • Justin Yifu Lin, China, Former Chief Economist at the World Bank and Dean of the Institute of New Structural Economics at Peking University. • Edward Mortimer, United Kingdom, Former Director of Communications for Secretary-General Kofi Annan And our youth leaders: • Côme Girschig, France, Representative at the UN’s 2019 Youth Climate Change Summit • Yen Ba Vu, Vietnam, Law and History Student • Dr. Joannie M. Bewa, Benin, Sexual and Reproductive Health Advocate and UN Youth Leader for the Sustainable Development Goals • Sophie Arsenault, Canada, delivered a speech on behalf of Canada at the UN PassBlue’s Twitter: @pass_blue Facebook: @passblueUN Instagram: @passblue ----- And check out our sponsors! • The Centre for United Nations Studies at the University of Buckingham in the United Kingdom offers a one-year masters degree program in United Nations and Diplomatic Studies. www.buckingham.ac.uk/humanities/ma/united-nations-and-diplomatic-studies • Fordham University offers a Master of Science in Humanitarian Studies via online and evening classes at Fordham's campuses in the Bronx and Manhattan. fordham.edu/mshs. • The Fletcher School at Tufts University offers a two-year Master of Arts in Law and Diplomacy and a one-year master’s degree program for mid-career professionals. https://fletcher.tufts.edu

In this episode, Simon Johnson, Professor at MIT Sloan and co-founder of the COVID-19 Policy Alliance, tells us about how he transitioned from his first career aspiration -- which was to be a rescue helicopter pilot for the Navy – to becoming the Chief Economist of the International Monetary Fund and a tenured Professor. We cover his journey plus: How to persevere in spite of rejection and remain confident in yourself When it's worth it to burn bridges and how to be OK with the consequences What it's like to work in a political job Why he called for a meeting with Massachusetts Governor Charlie Baker last month and all that he's been doing in response to the COVID-19 crisis --- Support this podcast: https://anchor.fm/howigothere/support

The Dow Jones Industrial Average is down over 2,000 points from last week. Former Chief Economist for the US Department of Labor Harry Holzer discusses the effects coronavirus has had on the economy with John Howell.

John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, says there is a remarkable resilience built into the global economy. Jared Bernstein, Senior Fellow at the Center on Budget and Policy Priorities and Former Chief Economist and Economic Adviser to Vice President Joseph Biden, argues that Republicans want to get rid of safety net programs that bridge the gap between what people earn and what they actually need. Kit Juckes, Societe Generale Chief FX Strategist, does not see much that can prevent U.S. growth from slowing further. Sarah House, Wells Fargo Securities Senior Economist, says as the economy slowed over the past year, demand for labor has shifted downward. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, says there is a remarkable resilience built into the global economy. Jared Bernstein, Senior Fellow at the Center on Budget and Policy Priorities and Former Chief Economist and Economic Adviser to Vice President Joseph Biden, argues that Republicans want to get rid of safety net programs that bridge the gap between what people earn and what they actually need. Kit Juckes, Societe Generale Chief FX Strategist, does not see much that can prevent U.S. growth from slowing further. Sarah House, Wells Fargo Securities Senior Economist, says as the economy slowed over the past year, demand for labor has shifted downward.

Scott interviews Warren Hogan, Industry Professor at UTS and former Chief Economist at ANZ. In an engaging and wide-ranging chat, Warren shares his thoughts on where the economy is today, where it's going, and what we can expect in the coming months from the RBA. Plus, he talks Trump, tariffs, big bank CEOs and whether he thinks it's a good idea to be buying housing at today's prices. You don't want to miss it

Antibiotic resistance is a global problem but there have been no new drugs produced since the 1980s. So who is to blame? The public's over-consumption or the current economic model for drug research and production? Evan Davis and guests discuss. GUESTS Seema Patel, Medical Director, Hospital Business, Pfizer, UK, Ireland and the Nordics Lord Jim O'Neill, Chair Anti-Microbial Resistance Review (2016), Former Chief Economist, Goldman Sachs Professor Colin Garner, Co Founder and Director, Antibiotic Research UK

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Jeff Currie, Goldman Sachs Global Head of Commodities Research, explains how big oil companies are adapting to a de-carbonized world. Eric Ross, Cascend Securities Chief Investment Strategist, analyzes  the "Apple ecosystem." Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor, says we have never seen a higher wage gap between workers with college degrees and those without. Kevin Hassett, Council of Economic Advisers Chairman, says the U.S. is seeing real wage growth.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Jeff Currie, Goldman Sachs Global Head of Commodities Research, explains how big oil companies are adapting to a de-carbonized world. Eric Ross, Cascend Securities Chief Investment Strategist, analyzes  the "Apple ecosystem." Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor, says we have never seen a higher wage gap between workers with college degrees and those without. Kevin Hassett, Council of Economic Advisers Chairman, says the U.S. is seeing real wage growth. 

Howard Ward, Gabelli Funds CIO of Growth Equities, focuses on defensive growth stocks while the Fed is tightening. Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor from 2010-2011, says wage growth goes mainly to the top end of the income distribution. Timothy O'Brien, Bloomberg Opinion Executive Editor, thinks that the debate around Kavanaugh has moved from sexual harassment to issues regarding his credibility. Larry Kudlow, National Economic Council Director, says unemployment can go lower.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Howard Ward, Gabelli Funds CIO of Growth Equities, focuses on defensive growth stocks while the Fed is tightening. Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor from 2010-2011, says wage growth goes mainly to the top end of the income distribution. Timothy O'Brien, Bloomberg Opinion Executive Editor, thinks that the debate around Kavanaugh has moved from sexual harassment to issues regarding his credibility. Larry Kudlow, National Economic Council Director, says unemployment can go lower. 

Mike Schumacher, Wells Fargo Head of Interest Strategy, says the potential of job reports to move the markets has decreased dramatically. Alan Krueger, Princeton University Professor & Former Assistant Secretary of the U.S. Treasury, remembers he told President Obama this wouldn't be the strongest recovery but it could be the longest. James Glassman, JP Morgan Chase Commercial Banking Head Economist, and Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor, react to the jobs number in real time. And Damian Sassower, Bloomberg Intelligence Chief EM Credit Strategist, says what initially drew foreign investors to EM is the scope in which central banks could ease rates. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Mike Schumacher, Wells Fargo Head of Interest Strategy, says the potential of job reports to move the markets has decreased dramatically. Alan Krueger, Princeton University Professor & Former Assistant Secretary of the U.S. Treasury, remembers he told President Obama this wouldn't be the strongest recovery but it could be the longest. James Glassman, JP Morgan Chase Commercial Banking Head Economist, and Betsey Stevenson, University of Michigan Professor & Former Chief Economist of the U.S. Department of Labor, react to the jobs number in real time. And Damian Sassower, Bloomberg Intelligence Chief EM Credit Strategist, says what initially drew foreign investors to EM is the scope in which central banks could ease rates.

DNI Dan Coats was surprised when he learned that Trump invited Vladimir Putin to the White House. But he hasn't left his job... yet. Will he? Will other members of the national security team watch as Donald Trump goes it alone? Guest host Chris Lu hosts to talk about the WIL D week that we saw with regards to foreign policy. He talks to Foreign Policy Advisor to the Clinton Campaign, Laura Rosenberger, Director of Policy at the Economic Policy Institute, Former Chief Economist at the US Department of Labor, Heidi Shierholz and Chief Counsel at Demand Justice, Chris Kang

March 5, 2018 The elimination of extreme poverty has been recognized as a global goal. Extreme Poverty was defined in the 1990s by the World Bank in terms of its famous ‘$-a-day’ poverty line. The line has been controversial, in part because it is not clear how anyone could live on one dollar per day. This talk examines a more transparent approach. This new approach is based on people’s needs for food, shelter, and clothing, and it indicates there is more extreme poverty in the world than the $-a-day line shows. This talk also focuses on trends in poverty and inequality. Speakers Robert Allen, Global Distinguished Professor of Economic History, Social Science, NYUAD Francois Bourguignon, Former Chief Economist of the World Bank; Dan David Prize Laureate; NYUAD Global Professor of Economics

 Paul McNamara, Investment Director for emerging markets at GAM UK Ltd., discusses how the strike by Brazilian truck drivers is impacting global commodity markets. Fernando Napolitano, President and CEO of the Italian Business & Investment Initiative, discusses Italy’s governmental politics and the impact it’s having on the country's business community. Betsey Stevenson, Former Chief Economist at the US Department of Labor and Associate Professor of Public Policy at the University of Michigan, on why childhood education & high quality childcare should be a priority over free college. Lananh Nguyen, FX reporter for Bloomberg, on persisting misbehavior in the $5.1 trillion-a-day FX market.                                            

“On Target” is the Local Search Association’s podcast exploring the intersection of technology, media and local commerce. This episode includes an interview between LSA's Greg Sterling and Dr. W. Michael Cox, Former Chief Economist & SVP of the Federal Reserve Bank of Dallas.

The Old Capital team talk about interest rates rising at the end of 2016 and its direct impact on loan proceeds, future of apartment investing throughout Texas and the nation and challenges with underwriting on specific transactions. Old Capital closed over $420 million in loans in 2016. DFW will have over 25,000 new unit apartment deliveries for 2017 Still concerns in Houston and west Texas. Fannie Mae Green Program can reduce your interest rate up to 33 basis points  Challenges with buying apartments in smaller markets with military concentration Freddie Mac Small Balance loan is now available up to a $6 million loan amount Cross Collateralization can be a solution in bank financing  Rebuild Ability issues. Can property be rebuilt if more than 50% is destroyed in fire? Financing Challenges with environmental issues. Rent growth. Class A rent growth is slowing. Class B & C is much better.  Houston is a preview market with Fannie Mae and impact on financing apartments Focus on location and quality of the asset when buying. Old Capital brings “certainty of execution in lending and closing”. - Old Capital Speaker Series presents Gregg Willett, Chief Economist with Real Page for March 8th Grapevine Convention Center. RSVP at info@oldcapitallending.com - Old Capital Speaker Series presents Dr. Mark Dotzour, Former Chief Economist from Texas A & M Real Estate Center on April 26- Grapevine Convention Center. RSVP at info@oldcapitallending.com To receive our FREE 15 page report on the FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please email us at INFO@OldCapitalLending.com Interested in learning more about how Multifamily Financing and connecting with Michael Becker and Paul Peebles. Contact: MBecker@spiadvisory.com or PPeebles@oldcapitallending.com  Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC. Did you know that when you leave a positive review on iTunes it improves our ranking and helps us recruit great guests? Can you leave us a positive comment at the Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles? Click here to leave a review on iTunes

Former Chief Economist of IDC Lumkile Mondi tells…

Former Chief Economist of IDC Lumkile Mondi tells Tim Modise that South Africa missed the growth opportunity due to ANC inability to take policy risks. He also criticizes the mistrust of the private sector by the government saying it has retarded the pace of investment in infrastructure. Mondi calls on South Africans, especially black South Africans, to hold the government to account on the performance of the economy and not on rhetorical political promises. - Tim Modise

Today on The Larry Kudlow Show Larry welcomes: Congressman Kevin Brady (R-TX) to discuss the optimistic job report and the underlying dark spots; Senator Tom Coburn (R-OK), discusses earmarks and Obamacare; James Glassman, Fellow @ AEI, CEO Public Affairs Engagement, Former Under Secretary of State for Public Diplomacy and Public Affairs; Jim Iuorio, managing director TJM Institutional Services and Lee Munson, CIO, Portfolio Asset Management Author: "Rigged Money: Beating Wall Street at Its Own Game"; Wayne Angell, former Federal Reserve Board member, Former Chief Economist at Bear Stearns; Joining Larry at the Money & Politics Round-table are James Pethokoukis, economics columnist @ AEI & CNBC contributor, Jennifer Rubin, Washington Post "Right Turn" blog Contributor to The Weekly Standard, and Steve Moore, Chief Economist @ Heritage Foundation who has a NEW BOOK: "An Inquiry into the Nation & Causes of the Wealth of States"

Today on The Larry Kudlow Show Larry welcomes: Congressman Kevin Brady (R-TX) to discuss the optimistic job report and the underlying dark spots; Senator Tom Coburn (R-OK), discusses earmarks and Obamacare; James Glassman, Fellow @ AEI, CEO Public Affairs Engagement, Former Under Secretary of State for Public Diplomacy and Public Affairs; Jim Iuorio, managing director TJM Institutional Services and Lee Munson, CIO, Portfolio Asset Management Author: "Rigged Money: Beating Wall Street at Its Own Game"; Wayne Angell, former Federal Reserve Board member, Former Chief Economist at Bear Stearns; Joining Larry at the Money & Politics Round-table are James Pethokoukis, economics columnist @ AEI & CNBC contributor, Jennifer Rubin, Washington Post "Right Turn" blog Contributor to The Weekly Standard, and Steve Moore, Chief Economist @ Heritage Foundation who has a NEW BOOK: "An Inquiry into the Nation & Causes of the Wealth of States"

Today on The Larry Kudlow Show Larry welcomes: Congressman Kevin Brady (R-TX) to discuss the optimistic job report and the underlying dark spots; Senator Tom Coburn (R-OK), discusses earmarks and Obamacare; James Glassman, Fellow @ AEI, CEO Public Affairs Engagement, Former Under Secretary of State for Public Diplomacy and Public Affairs; Jim Iuorio, managing director TJM Institutional Services and Lee Munson, CIO, Portfolio Asset Management Author: "Rigged Money: Beating Wall Street at Its Own Game"; Wayne Angell, former Federal Reserve Board member, Former Chief Economist at Bear Stearns; Joining Larry at the Money & Politics Round-table are James Pethokoukis, economics columnist @ AEI & CNBC contributor, Jennifer Rubin, Washington Post "Right Turn" blog Contributor to The Weekly Standard, and Steve Moore, Chief Economist @ Heritage Foundation who has a NEW BOOK: "An Inquiry into the Nation & Causes of the Wealth of States"

Speakers: Jared Bernstein, Economic Policy Fellow, Milken Institute; Senior Fellow, Center on Budget and Policy Priorities; Former Chief Economist to Vice President Joe Biden Mark Everson, Vice Chairman, alliantgroup, LP; former Commissioner of Internal Revenue Nancy Kopp, Treasurer, State of Maryland Phillip Swagel, Senior Fellow, Milken Institute; Professor, University of Maryland School of Public Policy Moderator: Liz Claman, Anchor, Fox Business Network. Public discussion of tax reform frequently focuses on individual and corporate rates but ignores broader issues that could have significant effects on markets, state finances and the overall economy. From the treatment of foreign real estate investors to MLPs and REITs, from municipal bonds to state tax deductions, these factors can shape how governments fund their programs, investors formulate strategies and companies structure operations. Our panel will examine a range of tax policy proposals with a focus on their impact across the economy.