Podcasts about national bureau

Affirmative action and DEI have become lightning rods in today's culture wars, but how much do we really know about where they came from and why they exist? In this episode, Sergio breaks down the long history of systemic racism in America, from slavery and Jim Crow to redlining and modern hiring bias. You'll learn what affirmative action actually is, what DEI really means, and how both have shaped access, opportunity, and fairness for everyone not just a few. This isn't about guilt. It's about awareness. Because when you understand the history, you start to see the patterns. And once you see them, you can't unsee them.1.Intro2. America's Original Construction Project3. The Evolution of Inequality4. Who's Really Getting the Handout?5. Before Affirmative Action, There Was Just...Discrimination6. DEI for Dummies: The Part They Never Told YouSources & References:• Bertrand, M., & Mullainathan, S. (2004). Are Emily and Greg more employable than Lakisha and Jamal? A field experiment on labor market discrimination. National Bureau of Economic Research. https://doi.org/10.3386/w9873• Equal Employment Opportunity Commission. (n.d.). EEOC history: 1964–1969. U.S. Equal Employment Opportunity Commission. https://www.eeoc.gov/history/eeoc-history-1964-1969• National Park Service. (n.d.). Equal Pay Act of 1963. U.S. Department of the Interior. https://www.nps.gov/articles/equal-pay-act.htm• Pittsburgh Press Co. v. Pittsburgh Commission on Human Relations, 413 U.S. 376 (1973). https://en.wikipedia.org/wiki/Pittsburgh_Press_Co._v._Pittsburgh_Commission_on_Human_Relations• University of Washington. (n.d.). Racial restrictive covenants: Enforcing neighborhood segregation in Seattle. Civil Rights & Labor History Consortium. https://depts.washington.edu/civilr/covenants_report.htm• Jones-Correa, M. (2000). Origins and diffusion of racial restrictive covenants. Political Science Quarterly, 115(4), 541–568. https://www.jstor.org/stable/2657609• Urban Institute. (2023). Addressing the legacies of historical redlining. https://www.urban.org/sites/default/files/2023-01/Addressing%20the%20Legacies%20of%20Historical%20Redlining.pdf• Nardone, A., Casey, J. A., Morello-Frosch, R., Mujahid, M., Balmes, J., & Thakur, N. (2020). Associations between historical residential redlining and current age-adjusted rates of emergency department visits due to asthma across eight cities in California. The Lancet Planetary Health, 4(1), e24–e31. https://pmc.ncbi.nlm.nih.gov/articles/PMC9901820/• Pager, D., Western, B., & Bonikowski, B. (2009). Discrimination in a low-wage labor market: A field experiment. American Sociological Review, 74(5), 777–799. https://pmc.ncbi.nlm.nih.gov/articles/PMC2915472/• Corrigan v. Buckley, 271 U.S. 323 (1926). https://en.wikipedia.org/wiki/Corrigan_v._Buckley• ADA National Network. “Timeline of the Americans with Disabilities Act.” adata.org. Accessed October 2, 2025. https://adata.org/ada-timeline• Administration for Community Living. “Origins of the ADA.” acl.gov. Accessed October 2, 2025. https://acl.gov/ada/origins-of-the-ada• U.S. Department of Justice. “Introduction to the Americans with Disabilities Act.” ada.gov. Accessed October 2, 2025. https://www.ada.gov/topics/intro-to-ada/• Section508.gov. “IT Accessibility Laws and Policies.” section508.gov. Accessed October 2, 2025. https://www.section508.gov/manage/laws-and-policies/• BrownGold. “DEI & A: The Effect of Donald Trump's DEI Executive Order on Accessibility.” browngold.com. Accessed October 2, 2025. https://browngold.com/blog/dei-a-the-effect-of-donald-trumps-dei-executive-order-on-accessibility/• Wikipedia. “Architectural Barriers Act of 1968.” Wikipedia.org. Accessed October 2, 2025. https://en.wikipedia.org/wiki/Architectural_Barriers_Act_of_1968• Michigan State University Libraries. “Advancing Accessibility: A Timeline.” lib.msu.edu. Accessed October 2, 2025. https://lib.msu.edu/exhibits/advancing-accessibility/timeline• Duane Morris LLP. “ADA Considerations for Neurodiversity Hiring Programs.” duanemorris.com. August 3, 2023. https://www.duanemorris.com/articles/ada_considerations_for_neurodiversity_hiring_programs_0803.html• Autism Spectrum News. “Neurodiversity Hiring Programs: A Path to Employment.” autismspectrumnews.org. Accessed October 2, 2025. https://autismspectrumnews.org/neurodiversity-hiring-programs-a-path-to-employment/Institute for Diversity Certification. “What Does It Mean to Provide Reasonable Workplace Accommodations for Your Neurodiverse Employees?” diversitycertification.org. Accessed October 2, 2025. https://www.diversitycertification.org/deia-matters-blog/what-does-it-mean-to-provide-reasonable-workplace-accommodations-for-your-neurodiverse-employeesKatznelson, I. (2005). When affirmative action was white: An untold history of racial inequality in twentieth-century America. W. W. Norton & Company. (See summary: History & Policy).• Onkst, D. H. (1998). “'First a negro… incidentally a veteran': Black World War II veterans and the G.I. Bill of Rights in the Deep South, 1944–1948.” Journal of Social History, 32(3), 517–543.• Blakemore, E. (2019; updated 2025). “How the GI Bill's promise was denied to a million Black WWII veterans.” History.com. https://www.history.com/articles/gi-bill-black-wwii-veterans-benefits.• Heller School, Brandeis University. (2023). “Not all WWII veterans benefited equally from the GI Bill” (impact report). https://heller.brandeis.edu/news/items/releases/2023/impact-report-gi-bill.html.• Perea, J. F. (2014). [Law review article on GI Bill and race]. University of Pittsburgh Law Review (available as PDF).• NBER working paper(s). (2024–2025). “Quantifying Racial Discrimination in the 1944 GI Bill” (authors and links in NBER repository). 

Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.DAMIONAmazon to announce largest layoffs in company history, in AI push. WHO DO YOU BLAME?Former CEO Jeff BezosAICovid (This wave of layoffs results from overhiring during the pandemic)Executive Chair and largest shareholder Jeff BezosF5 Expects Revenue Hit From Cyber Attack. F5, a $20B billion technology company with impressive gross profit margins of 81%, experienced a cybersecurity incident involving unauthorized access to certain company systems by a sophisticated nation-state threat actor. WHO DO YOU BLAME?The Risk committee: Dreyer, Klein, Montoya, Budnik*Chair Marianne Budnik is deemed to have Cybersecurity experience because she serves as a Chief Marketing Officer in the cybersecurity industryPeter Klein was the CFO at Microsoft for less than 4 years, then was the CFO for WME for 6 months and then has only been a director since 2014.Risk committee member Michael Montoya specifically. F5 revealed that the director mysteriously resigned in the same filing it disclosed the cyberattack, despite having served for only 4 years. According to the proxy, had “extensive experience as an information security executive.” Following his resignation from the Board, Mr. Montoya continued his service with the Company and has been appointed as F5's Chief Technology Operations Officer.The entire board, for doing dumb modern day board things: announced that CEO François Locoh-Donou, would assume the additional role of Chair of the Board following the Company's next Annual Meeting of Shareholders 12 days after they announced the cyberattack.Investors. 98% YES average this year: 7 over 99.2%, including Risk Committee Chair Marriane Budnik with 99.6%. Nobody feels like they have to work hard to impress anyoneF5! It's a god damn cybersecurity company!How climate change is fueling Hurricane Melissa's ferocity. WHO DO YOU BLAME?Exxon CEO Darren Woods because he sued his own shareholders last year: Arjuna Capital, LLC and Follow ThisExxon CEO Darren Woods because just yesterday: Exxon sues California over new laws requiring corporate climate disclosuresExxon CEO Darren Woods because gas and oilClimate ChangeOpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil' WHO DO YOU BLAME?The fear-and-spending geniuses behind the original Cold War: Truman, Stalin, ChurchillPeople who historically ignored Eisenhower and his statements on the U.S. military-industrial complex when he explicitly warned that defense contractors and the military could exert undue influence on government policy. Sound familiar?Anyone who empowered the board to not be empowered when they tried to fire Sam Altman for such reasons as:Conflicts over OpenAI's rapid growth and direction, especially the tension between aggressive AI deployment vs. safety oversight.Power dynamics between Altman, key researchers, and board members — some may have felt he had too much unilateral control.The college that let Sam Altman drop outSammy Altman Citi's Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boot. WHO DO YOU BLAME?The entire Compensation, Performance Management and Culture CommitteeThese two long-tenured Compensation, Performance Management and Culture Committee membersDiana L. Taylor* 10 other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Peter B. Henry*8 other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)The lowest common denominator effect of bank compensation committees:Wells Fargo CEO Charlie Scharf: ~$30M special equity grant tied to becoming Chair as well as CEO (3 months after meeting)Goldman Sachs: CEO David Solomon & COO John Waldron ~$80M each (retention RSUs vesting in ~5 yrs)KeyCorp: CEO Chris Gorman & four other senior execs: ~$8M for Gorman; ~$17M combined for the five NEOsThe passive ownership (re: management-friendly) of BlackRock, State Street, and Vanguard (combined 22%): without their votes at Goldman then Say on Pay was nearly tied, which might have dissuaded the year of one-off bonuses for banking CEOs??The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO [Sunny Verghese, CEO of food and ag company Olam Group] says. WHO DO YOU BLAME?The world's top 28 richest people (those worth ~$160 B each) together would equal $4.5 trillionThe world's greatest sycophant Tesla chair RobynDenholm: “On the pay package specifically: “It's not about the money for him. If there had been a way of delivering voting rights that didn't necessarily deliver dollars, that would have been an interesting proposition.”Any two of these basically redundant techbro companies' market caps would sufficeNvidia ~$4.2 trillion Microsoft ~$3.8 trillion Apple ~$3.1 trillion Amazon ~$2.4 trillion Alphabet ~$2.2 trillion Meta Platforms ~$1.8 trillion Broadcom ~$1.3 trillion Taiwan Semiconductor Manufacturing Company ~$1.2 trillionBill Ackman. Because he's a douche.MATTTarget is eliminating 1,800 roles as new CEO Michael Fiddelke gets set to take over the struggling retailer - WHO DO YOU BLAME?Current CEO Brian Cornell, who's “stepping down” to the role of Executive Chair - which is basically still CEO, just on the board and doesn't have to talk to employees anymore, so he can eliminate 1800 jobs and then fade away into a multimillion dollar unaccountable board roleFuture CEO Michael Fiddelke, who starts February 1, 2026, but is current COO and was forced to send the memo to employees telling them 8% of the workforce will be cutMonica Lozano, chair of the compensation and human capital management committee of the board, who's also on the BofA and Apple boards and is the most connected board member at a highly connected board - does the chair of the human capital committee have to weigh in on firing?OpenAI - the memo makes zero mention of the fact that part of Target's problem is that it shit on gays and blacks because of a feckless internet toad named Robby Starbuck, but feels very written by AI which would account for phrases like:“Adjusting our structure is one part of the work ahead of us. It will also require new behaviors and sharper priorities that strengthen our retail leadership in style and design and enable faster execution so we can: Lead with merchandising authority; Elevate the guest experience with every interaction; and Accelerate technology to enable our team and delight our guests.”Does anyone know what that word salad actually means? Doesn't it just mean “you're fired because we basically sucked at our jobs”?Hormel recalls 4.9M pounds of chicken possibly 'contaminated with pieces of metal' - WHO DO YOU BLAME?The audit committee, the closest committee responsible for enterprise risk (ie, metal in chicken) - Stephen M. Lacy, William A. Newlands (also lead director), Debbra L. Schoneman, Sally J. Smith (chair), Steven A. White, Michael P. ZechmeisterThe governance committee - James Snee, the now retired CEO who retired somehow in January but the company still hasn't found a permanent replacement 9 months later - so they're being run by Jeff Ettinger, interim CEO? Chair Gary C. Bhojwani, Elsa A. Murano, Ph.D., William A. Newlands (also lead director), Debbra L. Schoneman, Steven A. WhiteThe one black guy on the board - Steve White - who works at Comcast, is somehow qualified to be on Hormel board, and is on BOTH the audit committee AND governance committeeThe conveyor belt that spit pieces of metal as large as 17mm long into “fire braised chicken” sent to hotels and restaurantsCervoMed appoints McKinsey veteran David Quigley to board of directors - WHO DO YOU BLAME? Board is 2 VCs, a longtime biotech CFO, and five MD/PhDs. And among those 8, there are just two woman - the co-founder/wife of the CEO and a VC. And when they did their search, they could only find a longtime professional opinion haver - a consultant from the big three?Nominating committee for lack of imaginationEx or current McKinsey, Bain, and BCG employed directors - the opinion industrial complex - make up a whopping 4% of ALL US DIRECTORSAmong boards with MULTIPLE ex opinion directors: Kohl's is 25% consultantStarbucks is 27% consultantDisney is 30% consultantsWilliams-Sonoma is 38% consultantCBRE is 40% consultant!Nominating committee chair Jane Hollingsworth, for not looking around the room and saying, “hey dudes, can we add, like, maybe, ONE other lady?”Co founders Sylvie Gregoire and John Alam (also CEO) who own 17.3% of voting power - add in Josh Boger, board chair and 12.3% voter, and you basically have the CEO daddy and his buddy Josh with 29.6% of voting controlSylvie and John's bios, which neglect to mention they're married to one anotherWe are all terrified of the future - which headline is worse for your terror? WHO DO YOU BLAME?The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO saysBill Gates Says Climate Change ‘Will Not Lead to Humanity's Demise' - ostensibly because billionaires in bunkers will, in fact, survive on cans of metal-filled Hormel chili.Sorry, Yoda. Mentors are going out of styleMan Alarmed to Discover His Smart Vacuum Was Broadcasting a Secret Map of His HouseJennifer Garner's baby food company is going public on the NYSE — should investors be putting their eggs in this basket?Woman Repeatedly Warned by Canadian Exchange Not to Transfer Crypto, Gets Scammed AnywayOpenAI completes restructure, solidifying Microsoft as a major shareholder - MSFT owns 27%, the non profit which controlled the company “for the benefit of humanity” now will only control it for 26% of humanity?Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says - IF MUSK LEAVES, WHO DO YOU BLAME?Robyn Denholm, board chair, whose job it is to manage Musk, but does it like an overwhelmed permissive mother who parents with chocolate and Teletubbies when the kid has a tantrumKimbal Musk - I was told by a bunch of directors and institutional investors at a conference, no joke, that Kimbal was still on the board (ie, not voted out) to control his brother's ketamine intake and crazy episodes. So if he throws a tantrum and leaves, isn't it bro's fault? This is a binary trade - Musk gets extra pay/control, stock goes up and isn't de-meme'd. Musk doesn't, he leaves and the stock is de-meme'd and drops arguably by 66% or more to be more like a car company with some tech. So do we blame investors, no matter what they do? They meme'd the stock in the first place, he couldn't get a trillion extra dollars if they hadn't pumped up the stock - and now they could vote with humanity (no pay) or meme capitalism (pay)!Techbro middle school conservatism - is this Ben Shapiro and Joe Rogan's fault? A Yale economist paper suggests that Musk's politics cost between 1 and 1.26 million Tesla car sales… Would we even be worried if Musk stayed out of politics? Wouldn't the market have just paid him whatever?Pop quiz: which directors stay on the board if Musk leaves in a tantrum?Jeffrey StraubelKimbal MuskRobyn DenholmJames MurdochKathleen Wilson-ThompsonIra EhrenpreisJack HartungJoe Gebbia

This third episode features an interview with Dr. Nicole Maestas, Associate Professor of Health Care Policy at Harvard Medical School and Research Associate in the National Bureau of Economic Research. Discover the impact of the social security system on the economic well-being of people with disabilities. Nicole also shares trends and potential policy solutions.

China's industrial profits grew at its fastest pace in nearly two years in September, official data showed on Monday, as policy measures to rein in rat-race competition helped ease pressure on manufacturers despite lingering domestic and external headwinds.官方数据于周一显示，尽管国内外不利因素仍存，但随着遏制无序竞争的政策措施帮助缓解了制造商的压力，9月中国工业利润增速达到近两年来的最高水平。Analysts attributed the rebound in corporate profitability to firmer prices and resilient industrial output, supported by Beijing's pro-growth policies, pointing to a stabilizing economy buoyed by the strong performance of the new quality productive forces.分析师认为，在国家稳增长政策的支撑下，产品价格趋稳以及工业产出保持韧性，推动了企业盈利能力的回升。他们指出，得益于新质生产力的良好发展态势，中国经济正趋于稳定。Looking ahead, they expect the recovery momentum to extend into the fourth quarter, with policymakers likely to intensify countercyclical adjustments to boost domestic demand, spur market confidence and reinforce internal growth drivers — keeping China on track to meet its full-year growth target.展望未来，分析师预计复苏势头将延续至第四季度。政策制定者可能会加大逆周期调节力度，以扩大内需、提振市场信心并强化内生增长动力，确保中国能够实现全年经济增长目标。China's industrial enterprises with an annual revenue of at least 20 million yuan ($2.8 million) saw their total profits soar 21.6 percent year-on-year in September, following a 20.4 percent jump in August, marking the largest gain since November 2023, data from the National Bureau of Statistics showed on Monday.国家统计局周一发布的数据显示，9月，年营业收入2000万元（约合280万美元）及以上的中国工业企业，其实现利润总额同比激增21.6%；8月该指标同比增幅为20.4%。这意味着9月工业利润增幅创下2023年11月以来的最高纪录。During the first nine months of the year, profits at major industrial companies grew to 5.37 trillion yuan, a year-on-year increase of 3.2 percent, following a 0.9 percent rise in the first eight months.今年前9个月，规模以上工业企业实现利润5.37万亿元，同比增长3.2%；前8个月该指标同比增幅为0.9%。Wen Bin, chief economist at China Minsheng Bank, said: "The strong growth in September's industrial profits was largely driven by a low base from last year, combined with stabilizing production, easing price pressures and improving profit margins."中国民生银行首席经济学家温彬表示：“9月工业利润的强劲增长，很大程度上得益于去年同期的低基数效应，同时也受到生产企稳、价格压力缓解以及利润率改善等因素的综合推动。”NBS data showed China's industrial output surged 6.5 percent year-on-year in September after a 5.2 percent rise in August, marking the first acceleration in three months.国家统计局数据显示，9月中国工业增加值同比增长6.5%，较8月的5.2%有所提升，这是该指标近三个月来首次出现增速加快。Meanwhile, China's producer price index — which measures factory-gate prices — fell 2.3 percent year-on-year in September, easing from a 2.9 percent drop in August.与此同时，9月中国工业品出厂价格指数（PPI，衡量工厂端产品价格水平）同比下降2.3%，降幅较8月的2.9%有所收窄。Wen also noted that "structural bright spots are a key part of the rebound in corporate profitability", underpinned by the robust performance of high-tech manufacturing and equipment manufacturing sectors.温彬还指出，“结构性亮点是企业盈利能力回升的关键因素”，而高新技术制造业和装备制造业的强劲表现为这一亮点提供了支撑。According to the NBS, profits in high-tech manufacturing industries surged 26.8 percent in September, driving overall industrial profit growth to accelerate by 6.1 percentage points.国家统计局数据显示，9月高新技术制造业利润同比激增26.8%，拉动全部工业利润增速加快6.1个百分点。For the first nine months, profits in equipment manufacturing industries soared 9.4 percent, contributing 3.4 percentage points to overall profit growth.今年前9个月，装备制造业利润同比大幅增长9.4%，对全部工业利润增长的贡献率达到3.4个百分点。Citing the faster profit growth among private sector and foreign companies, Wen said that it indicates market expectations are improving, and business confidence is recovering.温彬提到，私营企业和外资企业利润增速加快，这表明市场预期正在改善，企业信心逐步恢复。Looking ahead, he said the fourth quarter will likely see steady growth in industrial profits with the government's effective measures to curb involution competition, easing price pressures and improving corporate profitability.他表示，展望未来，随着政府采取有效措施遏制行业内卷、价格压力进一步缓解以及企业盈利能力持续改善，第四季度工业利润有望保持稳定增长。In the communique of the fourth plenary session of the 20th Central Committee of the Communist Party of China, which was released on Thursday, policymakers called for "resolutely achieving the economic and social targets set for this year", suggesting they will ensure GDP growth will reach the "around 5 percent" growth target.中共二十届四中全会公报于周四发布，其中政策制定者提出“坚决完成今年经济社会发展目标任务”，这一表述意味着政府将确保国内生产总值（GDP）实现“5%左右”的增长目标。Lu Ting, chief China economist at Nomura, said he expects the country to refocus on short-term growth stability. "Beijing just needs around 4.2 percent GDP growth in the fourth quarter to deliver that target. So, from a statistics perspective, it's easily within reach," he said.野村证券首席中国经济学家陆挺表示，预计中国将重新聚焦短期经济稳定增长。他指出：“要实现全年增长目标，中国第四季度GDP增速只需达到4.2%左右即可。因此，从统计角度来看，这一目标触手可及。”The best strategy is to resist the temptation to fuel the stock markets by avoiding too high-profile monetary measures in the near term, remaining vigilant by avoiding contractionary policies, cleaning up the property market problem, and addressing some deep-rooted problems such as the unequal social security system, Lu said.陆挺认为，当前最佳策略是：短期内避免推出过于高调的货币政策，抵制刺激股市的诱惑；保持警惕，不采取紧缩性政策；着力解决房地产市场问题；并应对一些深层次问题，如社会保障体系不均衡等。A report released by the Chinese Academy of Social Sciences' Institute of Finance & Banking on Monday noted that insufficient effective demand remains a prominent challenge.中国社会科学院金融研究所周一发布的一份报告指出，有效需求不足仍是当前面临的突出挑战。Against the backdrop of US-China trade friction and profound structural economic shifts, the report said China should advance macroeconomic governance system innovation that addresses both existing structures and new growth drivers, with a focus on enhancing policy efficacy.报告称，在美国对华贸易摩擦以及国内经济结构性深刻调整的背景下，中国应推进兼顾现有结构与新增动力的宏观经济治理体系改革，并重点提升政策实施效果。"In the short term, macro policies should be proactively strengthened, including more forceful fiscal spending tilted toward consumption stimulation, utilizing the room for interest rate cuts and reserve requirement ratio reductions created by the US Federal Reserve's move, and implementing multi-pronged measures to stabilize the property market and foster its high-quality development," said Wang Qing, assistant researcher at the institute.该研究所助理研究员王青（音译）表示：“短期内，应积极加大宏观政策力度，包括采取更有力的财政支出措施并向刺激消费倾斜、利用美联储政策调整所带来的降息降准空间，以及通过多方面举措稳定房地产市场、推动其高质量发展。”resilient/rɪˈzɪliənt/adj.能快速恢复的，具韧性的countercyclical/ˌkaʊntəˈsaɪklɪkl/adj.反经济周期的

Story of the Week (DR):Citi's Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boota one-time equity award (the Award), consisting of Restricted Stock Units (RSUs) with a grant date value of $25 million and 1.055 million Citigroup stock optionsthe Compensation, Performance Management and Culture CommitteeDuncan P. Hennes (Chair)*Peter B. Henry*Other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)Renée J. JamesOther directorships: Oracle Corporation, Sabre Corporation, Vodafone Group Plc, President's National Security Telecommunications Advisory Committee (Member and Prior Chair), and University of Oregon (Trustee)Gary M. Reiner*Diana L. Taylor*Other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Casper W. von KoskullCommittee Meetings in 2024: 15Citi elected CEO Jane Fraser as ChairJohn Dugan, who served as Chair of Citi's Board since 2019, will become Lead Independent DirectorCEO armies MMElon Musk Wants ‘Strong Influence' Over the ‘Robot Army' He's BuildingIn a Tesla earnings call Wednesday, the world's richest man pondered the future of his company's Optimus robots—and his control over them.“If we build this robot army, do I have at least a strong influence over this robot army?” he told investors. “Not control, but a strong influence… I don't feel comfortable building that robot army unless I have a strong influence.”His repeated use of the word “army” certainly stands out, suggesting the robot could eventually be used as a weapon. Is Musk considering having his robots be deployed as soldiers?Elon Musk Threatens to Leave Tesla if Shareholders Don't Approve His Trillion-Dollar Pay Package – Warns, “Which Other Automotive CEO Would You Like to Run Tesla Because It Won't Be Me”Secret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyThe ongoing CEO/Trump Oligarchical BromanceTrump pardons convicted Binance founder Changpeng ZhaoZhao, who is widely known as CZ, had pleaded guilty in 2023 to enabling money laundering while CEO of the huge cryptocurrency exchange.Zhao's plea was part of a $4.3 billion settlement Binance reached with the DOJ in 2023.The pardon of Zhao, widely known as CZ, came two months after The Wall Street Journal reported that the Trump family's own crypto venture, which has generated about $4.5 billion since the 2024 election, has been helped by “a partnership with an under-the-radar trading platform quietly administered by Binance.”NBC News, citing a public disclosure filing from Monday, reported that Binance in September had retained the services of the lobbyist Charles McDowell, who is a friend of the president's son, Donald Trump Jr.Trump calls off planned 'surge' of federal forces in San Francisco after talking to Jensen Huang and Marc BenioffHere are the donors contributing to Trump's White House ballroomIn summary: techbros, oil, tobacco, cryptoCorporationsAltria Group, tobacco (donated $1 million to Trump's 2025 inauguration fund)Amazon (donated $1 million to Trump's 2025 inauguration fund)Apple (donated $1 million to Trump's 2025 inauguration fund)Booz Allen HamiltonCaterpillarCoinbase (donated $1 million to Trump's 2025 inauguration fund)In February, the SEC dropped a pending case against the firm.Comcast Corporation (donated $1 million to Trump's 2025 inauguration fund)Google (donated $1 million to Trump's 2025 inauguration fund)$22 million toward the ballroom came from a settlement Trump reached with the Google-owned video site YouTube, ending a lawsuit he brought over the company's 2021 decision to suspend his account in the wake of the Jan. 6, 2021, attack on the U.S. Capitol.Hard Rock InternationalHP Inc.Lockheed MartinIn an emailed statement, the company said it was “grateful for the opportunity to help bring the President's vision to reality and make this addition to the People's House, a powerful symbol of the American ideals we work to defend every day.”Meta Platforms (donated $1 million to Trump's 2025 inauguration fund)In January, Meta agreed to pay $25 million to settle a 2021 lawsuit brought by Trump that alleged the company's suspension of his social media accounts after the Jan. 6, 2021, attack on the U.S. Capitol amounted to an act of censorship.Micron Technology (donated $1 million to Trump's 2025 inauguration fund)MicrosoftNextEra Energy (donated $1 million to Trump's 2025 inauguration fund)Palantir TechnologiesHas won hundreds of millions of dollars in new and expanded business since Trump's second term began, including contracts at the FAA, CDC, and further contracts with the U.S. military.Ripple (donated $4.9 million to Trump's 2025 inauguration fund)In March, the company's CEO announced that the SEC would drop its long-running litigation over whether its cryptocurrency is a security.Reynolds American, tobacco company.T-MobileTether AmericaThe company, which has ties to Commerce Secretary Howard Lutnick, is the issuer of the world's largest stablecoin, a type of cryptocurrency designed to hold a steady value.Union Pacific RailroadIndividualsStefan E. Brodie: an American businessman, convicted felon, and political donor known for co-founding The Bro-Tech Corporation (Purolite Company), a chemical manufacturing firmHarold Hamm: the billionaire oil executive played a key role in helping Trump raise funds from oil industry donors during the 2024 electionBenjamin Leon Jr., the health-care company founder was nominated as U.S. Ambassador to Spain in March.The Lutnick Family: Commerce Secretary Howard Lutnick is a billionaire and former Wall Street executive.Isaac “Ike” Perlmutter: former Marvel NEO who donated over $25 million towards the 2024 Republican campaign.Stephen A. Schwarzman: Blackstone CEO who donated $40 million to Republican organizations for last year's election.Konstantin Sokolov: private equity investor.Kelly Loeffler and Jeff Sprecher: Loeffler is head of the Small Business Administration; Sprecher is CEO/CHair/founder of Intercontinental ExchangePaolo Tiramani: founder of prefabricated homes company BOXABL Cameron Winklevoss and Tyler Winklevoss: co-founders of crypto platform Gemini.Activist investor group that includes Travis Kelce aims to revive struggling Six FlagsTravis Kelce is part of an activist investor group (with JANA Partners and others) that has acquired roughly a 9 % economic interest in Six Flags. The group's stated intention is to engage with Six Flags' management and board to improve performance, guest experience, marketing, etc. In the reporting by Reuters, it explicitly says that “Consumer executive Glenn Murphy and technology executive Dave Habiger … could, along with Kelce, serve as potential board nominees.”Goodliest of the Week (MM/DR):DR: Hundreds of Power Players, From Steve Wozniak to Steve Bannon to Richard Branson, Just Signed a Letter Calling for Prohibition on Development of AI Superintelligence"Nobody developing these AI systems has been asking humanity if this is OK."The letter cites recent polling from FLI, which was cofounded by the Massachusetts Institute of Technology professor Max Tegmark, showing that only five percent of Americans are in favor of the rapid and unregulated development of advanced AI toolsMM: Linda McMahon mixed up AI and A.1. — so of course now the steak sauce is all over itAssholiest of the Week (MM):Robot armies DRSecret Plans Reveal Amazon Plot to Replace 600,000 Workers With Robot ArmyElon Musk defends $1 trillion pay package: ‘I just don't feel comfortable building a robot army here and then being oustedMeta tells some employees their jobs are being replaced by tech: read the memoAWS Outage That Took Down Internet Came After Amazon Fired Tons of Workers in Favor of AIUS firm's Star Wars-style humanoid robot soldier brings sci-fi to battlefield2024: What Is a ‘Clanker'? New Slur for Robots Catches On (it's also from Star Wars)Fake retirementJeff Bezos Says He's the 'Least Retired Person in the World'...And He'll 'Never Retire Because Work Is Too Much Fun'In our data, there are 251 US board chairs that are executives at the company, WERE the CEO, but are NOT the CEO now - that's 251 Jeff Bezos' who get paid like a CEO to work how they want without any accountabilityThey don't give press conferences or earnings callsThey don't answer to the CEO, they answer to themselvesThey control the board without having to answer to it122 of them are NOT family or founder firms - meaning they were just the CEO and they're sticking aroundThat includes Donald Umpleby at CaterpillarAt Schwab, Charles Schwab is a CO-chair with ex-CEO Walter Bettinger II, and the board has a THIRD CEO on it in Richard WursterThe average TSR performance of these people is .477 - below averageIn zero situations is it worth having any of these people on the boardBoysTrump says Jensen Huang and Mark Benioff helped convince him not to send troops to San FranciscoCiti CEO's $25 Million Bonus Is Excessive, Top Bank Analyst Mike Mayo SaysElon Musk got feisty about his $1 trillion pay package in the final minutes of Tesla's earnings callMicrosoft CEO Satya Nadella's annual pay jumps to $96.5 millionPalmer Luckey says he told Anduril investors they can't complain if he takes time off to be on 'Survivor'Elon Musk Accuses Head of NASA of Being “Gay”Bill Ackman calls Trump the 'most pro-business president we've ever had'Integrity for sportsWhile the Trump Administration inserts itself in every crypto venture with no oversight, openly insider trades, and Congress does the same, heaven forbid it happen in sports… Chauncey Billups, others arrested in FBI probe linking NBA to Mafia gambling ringHeadliniest of the WeekDR: Airbnb CEO Brian Chesky has one question he likes to ask every entrepreneur: ‘Why does your company deserve to exist?'MM: SPEED ROUNDTesla recalls over 63,000 Cybertrucks due to the front lights being too brightMosquitoes found in Iceland for first timeCracker Barrel CEO Says Logo Update Wasn't 'Woke' — Just Easier to ReadReading IS woke!McDonald's CEO says he eats at the chain '3 or 4 times a week'Who Won the Week?DR: obviously JaneMM: MosquitosPredictionsDR: In 2070, future MetaSoul (née Facebook/Meta Platforms) CEO August Zuckerberg has one question she likes to ask every non-AI human: ‘Why do you deserve to exist?'MM: McDonald's CEO Chris Kempczinski goes from his reported weight of 158lbs to 220lbs inside a year

China's economy grew 5.2 percent in the first three quarters, exceeding 100 trillion yuan, or about 14.3 trillion U.S. dollars. The National Bureau of Statistics says this performance shows resilience amid global headwinds. Industrial output increased by 6.2 percent from January to September, with value-added output of the equipment and high-tech manufacturing industries rising by nearly 10%. Retail sales of consumer goods rose 4.5 percent during the period, reaching over five trillion U.S. dollars. What do all these numbers tell us about China's economy--its strengths, pressures, and future directions?

Mark Harmsworth of the Washington Policy Center highlights a new National Bureau of Economic Research report showing that high minimum wages lead to fewer jobs and shorter work hours. He argues that despite good intentions, policies like California's AB1228 hurt entry-level workers and small businesses. https://www.clarkcountytoday.com/opinion/opinion-after-a-year-of-high-minimum-wages-a-new-report-shows-workers-are-working-less-and-earning-less/ #WashingtonPolicyCenter #MinimumWage #Economy #California #SmallBusiness #Labor #Employment #Policy #Opinion #MarkHarmsworth

Chinese women are gaining greater rights to development in the economic sector, especially in the digital economy, and their talent has shone through thanks to their perseverance, improved educational background and working abilities.中国女性在经济领域（尤其是数字经济领域）正获得更充分的发展权利。凭借坚韧的毅力、不断提升的教育水平和工作能力，她们的才华得以充分展现。Xie Mingli, 27, who switched her job from an education consultant to a cross-border e-commerce live-streaming anchor in Shenzhen, Guangdong province, in 2024, said it was an interesting choice to make, as she believes that women have the power to tackle challenges in both life and work.27岁的谢明丽（音译）于2024年在广东省深圳市从教育顾问转行成为跨境电商直播主播。她表示，这是一个有趣的选择，因为她认为女性有能力应对生活和工作中的各种挑战。"As a girl, I was told to stick to established practices like getting a bachelor's degree, finding a stable job and then getting married. But my mother, who is self-employed, has always encouraged me to try new things and never lose my curiosity or courage," she said. "I worked as an education consultant for two years after finishing my postgraduate education, and I think it's time to move on to another interesting career."“从小到大，总有人告诉我要遵循既定路径：拿到学士学位、找份稳定工作，然后结婚。但我母亲是个体户，她一直鼓励我尝试新事物，不要丢掉好奇心和勇气，”她说，“研究生毕业后，我做了两年教育顾问，现在我觉得是时候开启另一份有趣的职业了。”Xie is among the growing number of women starting their career or getting higher engagement in the digital economy in recent years, thanks to the government's greater support for enhancing women's rights to development and for improving their digital literacy.近年来，在政府加大对女性发展权利保障力度、提升女性数字素养的支持下，越来越多女性进入数字经济领域就业或加深参与度，谢明丽便是其中之一。According to a white paper recently released by the State Council Information Office, which explains China's philosophy, principles and practices in promoting gender equality and women's well-rounded development in the new era, female employees comprise about 43 percent of the nation's total workforce, with the proportion maintained at that level since 2012.国务院新闻办公室近日发布一份白皮书，阐述了新时代中国促进性别平等和妇女全面发展的理念、原则与实践。该白皮书显示，女性从业人员占全国从业人员总数的比例约为43%，自2012年以来这一比例始终保持在该水平。The latest figures from the National Bureau of Statistics showed that as of the end of 2024, female employees totaled around 320 million, accounting for 43.4 percent of the nation's total workforce, indicating women's fuller engagement in economic development.国家统计局最新数据显示，截至2024年底，女性从业人员总数约3.2亿人，占全国从业人员总数的43.4%，这表明女性正更充分地参与经济发展。In addition, women account for over half of the entrepreneurs in the internet sector, and roughly one-third of the nation's workers in new forms of employment, including digital trade, e-commerce and livestreaming, the white paper said.白皮书还指出，在互联网行业创业者中，女性占比超过一半；在数字贸易、电子商务、直播等新就业形态从业人员中，女性占比约三分之一。Early in 2022, AliResearch, the research arm of the Alibaba Group, released a report that said China's digital economy has created 57 million job opportunities for women, which has increased their value in the job market and expanded their employment space.2022年初，阿里巴巴集团旗下研究机构阿里研究院发布报告称，中国数字经济已为女性创造5700万个就业机会，提升了女性在就业市场中的价值，拓宽了她们的就业空间。The report said that as of 2022, there were about 23.58 million female shop owners on the Chinese online shopping platform Taobao, and 12.44 million female livestreaming anchors on Taobao and Douyin, the Chinese version of TikTok.报告显示，截至2022年，中国在线购物平台淘宝上的女性店主约有2358万人；在淘宝和抖音（TikTok中国版）平台上，女性直播主播达1244万人。Xie, the anchor, said that women have gained more respect, in addition to more equal returns and pay, and she believes the gender gap will continue to narrow in the future.主播谢明丽表示，如今女性不仅获得了更平等的回报与薪酬，还得到了更多尊重。她相信未来性别差距将进一步缩小。"When I was at school, seniors often said that employers preferred men as they would not be bothered by 'problems like giving birth'. I'm grateful that I didn't meet such discrimination, and I have been paid on a par with male workers, both at my previous job and the current one," she said.“上学时，学长学姐常说，雇主更倾向于招聘男性，因为男性不会受‘生育等问题'影响。我很庆幸自己没有遇到这种歧视，无论是上一份工作还是现在的工作，我的薪资都与男性同事持平，”她说。"Women do have an equal, or even bigger, right to speak in the job market, as we possess excellent working abilities, especially in some e-commerce-related areas, where women can show higher affability and approachability," Xie said, adding that she is happy to see more women from different walks of life get involved in the digital economy, in which they can not only make a living but also create some social values.“女性在就业市场中拥有平等甚至更充分的话语权，因为我们具备出色的工作能力，尤其是在电商相关领域，女性更能展现出亲和力与易沟通的特质，”谢明丽补充道。她表示，很高兴看到各行各业有更多女性参与到数字经济中，在这里她们不仅能谋生，还能创造社会价值。Feng Ling, vice-president of the All-China Women's Federation, said at a recent news conference in Beijing that women are riding the digital economy wave, thanks to the government's continuous efforts to improve their digital literacy and give them skills training and financial support.全国妇联副主席冯玲（音译）在近期北京举行的新闻发布会上表示，得益于政府持续提升女性数字素养、提供技能培训与资金支持，女性正积极拥抱数字经济浪潮。The Outline for Women's Development in China (2021-30), released in 2021 by the State Council, the country's Cabinet, has set a target of enhancing women's ability to use information technology to get engaged in socioeconomic high-quality development, she said, noting that several other State-level programs have also set targets and offered solutions to improve women's ability to get access to online entrepreneurship and forge their digital skills.她说，2021年国务院（中国政府内阁）发布的《中国妇女发展纲要（2021-2030年）》明确提出，要提升女性运用信息技术参与经济社会高质量发展的能力。她还指出，其他多项国家级规划也设定了目标并提出举措，旨在提升女性开展网络创业的能力、培养女性数字技能。"The women's federation, together with the Ministry of Commerce and the Ministry of Agriculture and Rural Affairs, has organized training programs for women in the countryside since 2015 to teach them to make short videos and sell agricultural produce online," Feng said.冯玲表示：“自2015年起，全国妇联联合商务部、农业农村部，为农村女性开展培训，教授她们制作短视频和线上销售农产品。”"Also, women starting or running their own businesses can get support through the nation's inclusive financial services. More women have realized their personal value in the digital economy sector, and turned into a strong force to push forward the development of the digital economy," she added.“此外，创业或经营企业的女性可通过国家普惠金融服务获得支持。越来越多女性在数字经济领域实现了个人价值，成为推动数字经济发展的重要力量，”她补充道。female employees in the digital economyn.数字经济领域女性从业人员 /ˈfiːmeɪl ɪmˈplɔɪiːz ɪn ðə ˈdɪdʒɪtl ɪˈkɒnəmi/female livestreaming anchorsn.女性直播主播/ˈfiːmeɪl ˈlɪvstriːmɪŋ ˈæŋkəz/

Earlier this month, the Trump administration announced a stunning $100,000 fee on new H-1B visas—the main channel through which U.S. employers hire foreign professionals in technology, engineering, and research.The move has sent shockwaves through America's innovation ecosystem, prompting fears that companies will either look abroad—or scale back their ambitions at home.Few countries will be as impacted by this change as India, whose citizens account for nearly three-quarters of annual H-1B visa petitions. So, what happens when the world's largest economy makes it harder for global talent to come in?To answer this question, Milan is joined on the show this by Britta Glennon. Britta is an assistant professor of management at the Wharton School of the University of Pennsylvania and a faculty research fellow at the National Bureau of Economic Research. Her research focuses on immigration and cross-border innovation. Much of her work dispels long-held myths about immigrants and how they influence the U.S. economy.Milan and Britta discuss the pluses and minuses of America's “demand-driven” skilled immigration system, the impact on Indians of the Trump administration's massive new fee on H-1B visas, and how the availability of skilled worker visas impact offshoring decisions. Plus, the two discuss how America's competitors are poaching U.S. talent, the complex connection between immigration and innovation, and the economic costs of the green card backlog.To watch this episode, click here.Episode notes:1. Britta Glennon, “Skilled Immigrants, Firms, and the Global Geography of Innovation,” Journal of Economic Perspectives 38, no. 1 (Winter 2024): 3-26.2. Britta Glennon, “How Do Restrictions on High-Skilled Immigration Affect Offshoring? Evidence from the H-1B Program​,” Management Science 70, no. 2 (February 2024): 907-930.3. Saerom (Ronnie) Lee and Britta Glennon, “The Effect of Immigration Policy on Founding Location Choice: Evidence from Canada's Start-up Visa Program,” NBER Working Paper 31634 (August 2023).4. Robert Flynn, Britta Glennon, Raviv Murciano-Goroff, and Jiusi Xiao, “Building a Wall Around Science: The Effect of U.S.-China Tensions on International Scientific Research,” NBER Working Paper 32622 (May 2025).5. Vox, “$100,000 for a visa,” Today, Explained (podcast), September 25, 2025.

October – will history repeat? New tariffs announced - again. Thinking about 401k plans - innovation or exploitation? And our guest today – Dr. Barry Eichengreen, Professor of Economic Studies at UC Berkley  NEW! DOWNLOAD THIS EPISODE'S AI GENERATED SHOW NOTES (Guest Segment) Barry Eichengreen (George C. Pardee and Helen N. Pardee, Professor of Economics) is a distinguished professor of Economics and Political Science at the University of California, Berkeley, where he is the George C. Pardee & Helen N. Pardee Chair. A leading expert on the international monetary system and global finance, his research covers the history of global financial crises, the international monetary system, economic history, and the causes and consequences of populism. Dr. Eichengreen holds fellowships from several institutions, including the National Bureau of Economic Research and the American Academy of Arts and Sciences, and has previously served as a Senior Policy Advisor at the International Monetary Fund (IMF). Learn More at http://www.ibkr.com/funds Follow @andrewhorowitz Looking for style diversification? More information on the TDI Managed Growth Strategy - https://thedisciplinedinvestor.com/blog/tdi-strategy/ eNVESTOLOGY Info - https://envestology.com/ Stocks mentioned in this episode: (BTCUSD), (ORCL), (OKLO), (QQQ)

In episode 220, Coffey talks with Ranya Nehmeh about the challenges and limitations of hybrid and remote work arrangements based on research from their new book "In Praise of the Office."They discuss how initial COVID remote work success masked long-term problems; loss of informal interactions and mentoring for newcomers; reduced collaboration and innovation; proximity bias affecting promotions and performance reviews; employee engagement challenges in hybrid settings; designing hybrid schedules with anchor days and structured meeting protocols; redesigning office spaces for collaboration; why hot-desking raises concerns; and adapting performance management to include helping behaviors and mentoring as measurable KPIs.Resources referenced in this episode include:Ranya Nehmeh and former Good Morning, HR guest Peter Cappelli's new book, In Praise of the Office: The Limits to Hybrid and Remote WorkAnd you can get a preview of their research in the (July–August 2025) Harvard Business Review article, Hybrid still isn't workingWorking From Home, Worker Sorting and Development; David Atkin, Antoinette Schoar, & Sumit Shinde; National Bureau of Economic ResearchEmployee Innovation During Office Work, Work from Home and Hybrid Work; Michael Gibbs, Friederike Mengel, and Christoph Siemroth; University of Chicago—Becker Friedman Institute for EconomicsThe Power of Proximity to Coworkers: Training For Tomorrow or Productivity Today?; Natalia Emanuel, Emma Harrington, & Amanda Pallais; National Bureau of Economic ResearchGood Morning, HR is brought to you by Imperative—Bulletproof Background Checks. For more information about our commitment to quality and excellent customer service, visit us at https://imperativeinfo.com.If you are an HRCI or SHRM-certified professional, this episode of Good Morning, HR has been pre-approved for half a recertification credit. To obtain the recertification information for this episode, visit https://goodmorninghr.com.About our Guest:Ranya Nehmeh is a senior HR strategist with expertise in people strategy, HR policy, leadership development, and talent management. She has held key HR roles at the OPEC Fund for InternationalDevelopment in Vienna and the European Central Bank in Frankfurt. She is a lecturer at the University of Applied Sciences for Management & Communication in Vienna and also the author of The Chameleon Leader: Connecting with Millennials (2019).Ranya holds a master's in industrial relations and human resource management from the London School of Economics & Political Science (LSE) and a Doctor of Business Administration from the Swiss Management Center in Zug. Her recent articles, co-authored with Wharton professor Peter Cappelli, include “Hybrid Still Isn't Working” (Harvard Business Review July/August 2025), “Sustainable Agility: How HR Can Survive the Rapid Pace of Change” (People + Strategy Journal, SHRM, July 2024), “It's Time to Do Away with ‘Dry Promotions,'” (Harvard Business Review, July 2024) and “HR's New Role” (Harvard Business Review, May/June 2024 magazine).Ranya Nehmeh can be reached at:https://www.ranyanehmeh.comhttps://www.linkedin.com/in/ranyanehmehhttps://www.facebook.com/ranya.nehmeh/https://www.instagram.com/ranyanehmeh/https://x.com/ranyanAbout Mike Coffey:Mike Coffey is an entrepreneur, licensed private investigator, business strategist, HR consultant, and registered yoga teacher. In 1999, he founded Imperative, a background investigations and due diligence firm helping risk-averse clients make well-informed decisions about the people they involve in their business.Imperative delivers in-depth employment background investigations, know-your-customer and anti-money laundering compliance, and due diligence investigations to more than 300 risk-averse corporate clients across the US, and, through its PFC Caregiver & Household Screening brand, many more private estates, family offices, and personal service agencies. Imperative has been named a Best Places to Work, the Texas Association of Business' small business of the year, and is accredited by the Professional Background Screening Association. Mike shares his insight from 25+ years of HR-entrepreneurship on the Good Morning, HR podcast, where each week he talks to business leaders about bringing people together to create value for customers, shareholders, and community.Mike has been recognized as an Entrepreneur of Excellence by FW, Inc. and has twice been recognized as the North Texas HR Professional of the Year. Mike serves as a board member of a number of organizations, including the Texas State Council, where he serves Texas' 31 SHRM chapters as State Director-Elect; Workforce Solutions for Tarrant County; the Texas Association of Business; and the Fort Worth Chamber of Commerce, where he is chair of the Talent Committee. Mike is a certified Senior Professional in Human Resources (SPHR) through the HR Certification Institute and a SHRM Senior Certified Professional (SHRM-SCP). He is also a Yoga Alliance registered yoga teacher (RYT-200) and teaches multiple times each week.Mike and his very patient wife of 28 years are empty nesters in Fort Worth.Learning Objectives:1. Recognize the impact of fully remote environments on collaboration, innovation, and newcomer integration.2. Implement structured hybrid policies designed to promote collaboration and productivity.3. Redesign performance management systems to include measurable KPIs for mentoring, timely response to help requests, and cross-functional collaboration to counteract the individual contributor mindset that remote work can foster.

In the US, top congressional leaders plan to meet with President Donald Trump on Monday, a day before federal funding would expire if an agreement on a short-term spending bill can't be reached. A shutdown would threaten the release of key data including Friday's payrolls report, key to assessing whether the Federal Reserve will continue cutting interest rates next month. We heard from James Abate, Managing Director, Head of Fundamental Strategies at Horizon Investments. And - Asian stocks moved in a tight range at the open. Over the weekend, Chinese Industrial profits in August climbed 20.4% from a year earlier, the first increase in four months, according to data released Saturday by the National Bureau of Statistics. Factory deflation eased for the first time in six months. For more, we heard from Sian Fenner, Westpac Head of Business and Industry Economics. She spoke to Bloomberg's Avril Hong. See omnystudio.com/listener for privacy information.

John H. Cochrane is a senior fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute. Before joining Hoover, Cochrane was a Professor of Finance at the University of Chicago's Booth School of Business, and earlier at its Economics Department. Cochrane earned a bachelor's degree in physics at MIT and his PhD in economics at the University of California at Berkeley. He was a junior staff economist on the Council of Economic Advisers (1982–83).Cochrane's recent publications include the book Asset Pricing and articles on dynamics in stock and bond markets, the volatility of exchange rates, the term structure of interest rates, the returns to venture capital, liquidity premiums in stock prices, the relation between stock prices and business cycles, and option pricing when investors can't perfectly hedge. His monetary economics publications include articles on the relationship between deficits and inflation, the effects of monetary policy, and the fiscal theory of the price level. He has also written articles on macroeconomics, health insurance, time-series econometrics, financial regulation, and other topics. He was a coauthor of The Squam Lake Report. His Asset Pricing PhD class is available online via Coursera. Cochrane frequently contributes editorial opinion essays to the Wall Street Journal, Bloomberg.com, and other publications. He maintains the Grumpy Economist blog.Leoš Rousek, the Head Of Corporate Communications at PPF Group (https://www.ppf.eu/en) and contributor of PFI Talks, talked with John Cochrane.

U.S. birth rates have fallen to a record low, and soaring housing costs are a major factor. In this episode, Kathy Fettke explores new data from the CDC and Realtor.com showing how rising home prices have reshaped family planning, from delayed homeownership to smaller household sizes. We also discuss research from the National Bureau of Economic Research that links housing costs directly to fertility decisions. For investors, these trends highlight how affordability challenges are influencing both demographics and the future of the housing market. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS SOURCE: https://www.realtor.com/news/trends/birth-rates-plummet-home-prices-surge-housing-market-family-planning/

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3292: Chelsea illustrates how even investing at the peak of the Great Recession would have yielded strong long-term gains, especially with dividends reinvested. By showing historical data from past downturns, she highlights that discipline, patience, and consistency in the stock market can transform even the worst-timed investments into substantial wealth. Read along with the original article(s) here: https://smartmoneymamas.com/investing-in-peak-markets/ Quotes to ponder: “In only 1 out of the past 10 recessions, starting in 1948, would you have seen your $10,000 investment lose money over a 10-year period, and only then if you had chosen not to reinvest the dividends.” “The sooner you get your money invested in the market, the more wealth you'll have in the future. Your money works for you, don't let it sit idle!” Episode references: National Bureau of Economic Research: https://www.nber.org Bureau of Economic Analysis: https://www.bea.gov Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3292: Chelsea illustrates how even investing at the peak of the Great Recession would have yielded strong long-term gains, especially with dividends reinvested. By showing historical data from past downturns, she highlights that discipline, patience, and consistency in the stock market can transform even the worst-timed investments into substantial wealth. Read along with the original article(s) here: https://smartmoneymamas.com/investing-in-peak-markets/ Quotes to ponder: “In only 1 out of the past 10 recessions, starting in 1948, would you have seen your $10,000 investment lose money over a 10-year period, and only then if you had chosen not to reinvest the dividends.” “The sooner you get your money invested in the market, the more wealth you'll have in the future. Your money works for you, don't let it sit idle!” Episode references: National Bureau of Economic Research: https://www.nber.org Bureau of Economic Analysis: https://www.bea.gov Learn more about your ad choices. Visit megaphone.fm/adchoices

Meta frappe fort avec ses nouvelles lunettes Ray-Ban Display, qui combinent réalité augmentée et intelligence artificielle, et s'accompagnent d'un étonnant bracelet neuronal. Mark Zuckerberg n'abandonne pas son rêve de metavers.Avec Bruno Guglielminetti (Mon Carnet).

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3292: Chelsea illustrates how even investing at the peak of the Great Recession would have yielded strong long-term gains, especially with dividends reinvested. By showing historical data from past downturns, she highlights that discipline, patience, and consistency in the stock market can transform even the worst-timed investments into substantial wealth. Read along with the original article(s) here: https://smartmoneymamas.com/investing-in-peak-markets/ Quotes to ponder: “In only 1 out of the past 10 recessions, starting in 1948, would you have seen your $10,000 investment lose money over a 10-year period, and only then if you had chosen not to reinvest the dividends.” “The sooner you get your money invested in the market, the more wealth you'll have in the future. Your money works for you, don't let it sit idle!” Episode references: National Bureau of Economic Research: https://www.nber.org Bureau of Economic Analysis: https://www.bea.gov Learn more about your ad choices. Visit megaphone.fm/adchoices

AI Usage Trends: Insights from Recent Studies and Real Conversations In this episode, host Jim Love reflects on two recent studies about AI usage. The first study by Harvard Business Review and Qualtrics identifies top uses for AI, emphasizing personal applications like companionship and life organization. The second study by the National Bureau of Economic Research examines actual ChatGPT interactions, revealing a significant rise in non-work-related use. The episode discusses the disparities between perceived and actual AI usage and explores the potential economic and societal impacts of AI, including differing views on its effect on the workforce. 00:00 Introduction and Host's Personal Note 00:19 Reflections on AI Studies 00:27 Harvard Business Review Study Insights 01:25 National Bureau of Economic Research Study Insights 02:06 ChatGPT Usage Statistics 02:55 Demographics and Usage Patterns 03:27 Work vs. Non-Work Usage 04:03 Categories of ChatGPT Use 05:32 Contrasting Studies and Real-World Impact 06:31 Economic Impact and Future Speculations 08:13 Conclusion and Final Thoughts

In this kickoff to our special series on trade, Nick and Goldy unpack why trade policy isn't just about tariffs and treaties—it's about people, power, and priorities. For decades, the prevailing narrative has been that trade benefits everyone by lowering prices. But the real question is: who does it help, and who does it hurt? From the false promises of globalization to the overlooked damage in hollowed-out communities, this episode sets the stage for exploring a fresh way to think about trade—one grounded in power dynamics, democratic values, and middle-out economics. David Autor is a labor economist and professor of economics at the Massachusetts Institute of Technology who studies how technological change and globalization affect workers. He is also co-director of the MIT Shaping the Future of Work Initiative and the National Bureau of Economic Research Labor Studies Program. Marc-William Palen is a historian and senior lecturer at the University of Exeter, specializing in the history of international relations, U.S. foreign policy, and political economy. He is the author of Pax Economica: Left-Wing Visions of a Free Trade World.  Social Media:  @davidautor.bsky.social @davidautor @mwpalen.bsky.social @MWPalen Further reading:  Places versus People: The Ins and Outs of Labor Market Adjustment to Globalization Pax Economica: Left-Wing Visions of a Free Trade World Recovering the Left-Wing Free Trade Tradition  Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: ⁠The Pitch⁠

In this episode we talk with Matt Notowidigdo about negotiating. Matt is a Professor of Economics at Chicago Booth. He holds a BS in economics, a BS in computer engineering, a MEng in computer science, and a PhD in economics. He is currently a Research Associate at the National Bureau of Economics Research, and he is a co-editor at American Economic Journal - Economic Policy Notowidigdo and an Associate Editor at the Quarterly Journal of Economics.Sebastian Tello-Trillo is an Associate Professor of Public Policy and Economics at the Frank Batten School of Leadership and Public Policy at the University of Virginia.Alex Hollingsworth is an Associate Professor of Economics at the Ohio State University.Henry Morris is our main editor. He is a student at the University of Virginia studying computer science and mathematics. or of Economics at the O'Neill School of Public and Environmental Affairs in Indiana University.In this episode we discussed:Matt's structured approach to managing no more than six projects at a timeTime management with kids and boundaries after tenureInstitutional differences in how research and teaching loads are supportedWhy lunchtime culture matters for faculty communityA crash course on academic job market negotiations

Nadège Rolland, Distinguished Fellow, China Studies, at the National Bureau of Asian Research (NBR) and principal investigator for the Mapping China's Borderlands: Dashboard, joins the show to discuss the shifting visions China has of its frontiers.  ▪️ Times     •      01:35 Introduction     •      02:34 What is “China?”     •      10:26 Sovereignty             •      19:30 Double translation     •      25:25 Capillaries             •      34:37 Imperial messaging            •      42:36 Prioritization        We also discuss Nadège's 2020 report - China's Vision for a New World Order. Follow along on Instagram, X @schoolofwarpod, and YouTube @SchoolofWarPodcast Find a transcript of today's episode on our School of War Substack

Morgan Stanley's CIO and Chief U.S. Equity Strategist Mike Wilson discusses the outlook for U.S. stocks after Friday's nonfarm payroll data reinforced the thesis of a transition from a rolling recession to a rolling recovery.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing Friday's Payroll report and what it means for equities. It's Monday, Sept 8th at 11:30am in New York. So let's get after it. The heavily anticipated nonfarm payroll report on Friday supports our view that the labor market is weak. However, this is old news to the equity market as we have been discussing for months. First, the labor market data is perhaps the most backward-looking of all the economic series. Second, it's particularly prone to major revisions that tend to make the current data unreliable in real time, which is why the National Bureau of Economic Research typically declares a recession started at a time when most were unaware we were in one. Furthermore, history suggests these revisions are pro-cyclical, meaning they get more negative going into a recession and then more positive once the recovery's begun. It appears this time is no different. Indeed, Friday's revisions were better than last month's by a wide margin suggesting the labor market bottomed in the second quarter. This insight adds support to our primary thesis on the economy and markets that I have been maintaining for the past several years. More specifically, I believe a rolling recession began in 2022 and finally bottomed in April with the tariff announcements made on “Liberation Day.” After the initial phase of this rolling recession, that was led by a payback in Covid pull-forward demand in tech and consumer goods, other sectors of the economy went through their own individual recessions at different times. This is a key reason why we never saw the typical spike in the metrics used to define a traditional recession, although the revisions data is now revealing it more clearly. The historically significant rise in immigration post-covid and subsequent enforcement this year have also led to further distortions in many of these labor market measures. While we have written about these topics extensively over the past several years, Friday's weak labor report provides further evidence of our thesis that we are now transitioning from a rolling recession to a rolling recovery. In short, we're entering a new cycle environment and the Fed cutting interest rates will be key to the next leg of the new bull market that began in April. Central to our view is the notion that the economy has been much weaker for many companies and consumers over the past 3 years than what the headline economic statistics like nominal GDP or employment suggest. We think a better way to measure the health of the economy is earnings growth, and breadth; as well as consumer and corporate confidence surveys. Perhaps the simplest way to determine if an economy is doing well or not is to ask: is it delivering prosperity broadly? On that score, we think the answer is “no” given the fact that earnings growth has been negative for most companies over the past 3 years. The good news is that growth has finally entered positive territory the past 2 quarters. This coincides with the v-shaped recovery in earnings revisions breadth we have been highlighting for months. We think this supports the notion that the worst of the rolling recession is behind us and likely troughed in April. As usual, equity markets got this right and bottomed then, too. Now, we think a proper rate cutting cycle is likely and necessary for the next leg of this new bull market. Given the risk that the Fed may still be focused on inflation more than the weakness in the lagging labor market data, rate cuts may materialize more slowly than what equity investors want. Combined with some signs that liquidity may be drying up a bit as both corporate and Treasury issuance increases, it would not surprise me if equity markets go through some consolidation or even a correction during the seasonally weak time of the year. Should that happen, we would be buyers of that dip and likely even consider moving down the quality curve in anticipation of a more dovish Fed and coordinated action with the Treasury. Bottom line, a new bull market for equities began with the trough in the rolling recession that began in 2022. It's still early days for this new bull which means dips should be bought. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

In this episode Dominic Bowen and Professor Kimberly Clausing examine the return of tariffs to the centre of U.S. economic strategy and the risks this shift creates for the global economy. Find out more about how protectionism and populism are reshaping U.S. trade policy, why tariffs act as a hidden tax on consumers and small businesses, the political dynamics driving short-term wins over long-term stability, the impact on supply chains and export industries such as higher education, tourism, and technology, the risks of corruption and rent-seeking in tariff exemptions, and how international trust in the United States is being tested as allies confront unpredictable economic behaviour, and more.Professor Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law. Professor Clausing is also a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Professor Clausing has published widely on taxation, climate policy, and international trade, and is the author of Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019). International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress and has testified before the U.S. Congress on multiple occasions. She has received two Fulbright Research Awards, and her research has been supported by the National Science Foundation, the Smith Richardson Foundation, the International Centre for Tax and Development, the U.S. Bureau of Economic Analysis, and the Washington Center for Equitable Growth.The International Risk Podcast brings you conversations with global experts, frontline practitioners, and senior decision-makers who are shaping how we understand and respond to international risk. From geopolitical volatility and organised crime, to cybersecurity threats and hybrid warfare, each episode explores the forces transforming our world and what smart leaders must do to navigate them. Whether you're a board member, policymaker, or risk professional, The International Risk Podcast delivers actionable insights, sharp analysis, and real-world stories that matter. The International Risk Podcast – Reducing risk by increasing knowledge.Follow us on LinkedIn and Subscribe for all our updates!Tell us what you liked!

Indonesia has been trying to find its footing as a major international player over the past decade. These efforts include trying to deepen investment and trade relationships with the People's Republic of China while skirting around differences over territorial claims and addressing Beijing's rising prominence across Southeast Asia. Of concern as well is the pressure Chinese exports are placing on small and medium-sized enterprises in Indonesia, along with the safety of the hundreds of thousands of Indonesian citizens working in Taiwan should Beijing escalate the use of force across the Taiwan Strait. Host Ian Chong examines these issues with guests Natalie Sambhi and Yohanes Sulaiman. Natalie Sambhi is Founder and Executive Director of Verve Research, Señor Policy Fellow at the Asia Society Australia, and Non-Resident Fellow with the Brookings Institution's Foreign Policy Program. She is also a lecturer with the Australian War College. Yohanes Sulaiman is an associate professor of international relations at Universitas Jenderal Achmad Yani in Bandung, Indonesia and a non-resident fellow with the National Bureau of Asian Research.

China's commitment to cultivating new quality productive forces through scientific and technological innovation, as reiterated by President Xi Jinping, will help the country gain a competitive edge in strategic emerging fields and tech frontiers, and contribute to global economic growth, said experts and company executives.Highlighting that fostering new growth drivers has been high on China's development agenda, they called for accelerated efforts to achieve breakthroughs in crucial technologies by investing more in fundamental research, reinforcing the dominant position of enterprises in boosting technological advancements, and intensifying financial support for innovation-oriented tech companies.First put forward by Xi, who is also general secretary of the Communist Party of China Central Committee, during his inspection tour of Heilongjiang province in September 2023, the term "new quality productive forces" has been highlighted at several high-profile meetings.New quality productive forces are driven by revolutionary technological breakthroughs, the innovative allocation of production factors, and deep industrial transformation and upgrading, Xi said while presiding over a group study session of the Political Bureau of the CPC Central Committee in January last year.He pointed out that sci-tech innovation can generate new industries, new models and new growth drivers, which are the core elements of the development of new quality productive forces.The tone-setting Central Economic Work Conference held in December called for more efforts to make sci-tech innovation drive the development of new quality productive forces and build a modern industrial system.Huang Hanquan, head of the Chinese Academy of Macroeconomic Research, said, "Developing new quality productive forces is an intrinsic requirement for promoting China's high-quality development and will inject fresh momentum into global economic growth."Huang said that China has favorable conditions for fostering new quality productive forces, given its ever-increasing innovation capacities, complete industrial systems, ultra-large domestic market, high-caliber talent pool and massive data resources.To gain an upper hand in a new round of technological revolution and industrial transformation, he stressed that more efforts should be made to bolster sci-tech innovation, especially innovation in cutting-edge and disruptive technologies, and to accelerate the industrial application of innovative achievements, further deepen reforms in technology and education mechanisms, and expand high-level opening-up.A meeting of the Political Bureau of the CPC Central Committee on July 30, which was presided over by Xi, called for accelerating the cultivation of emerging pillar industries with global competitiveness and promoting the deep integration and development of sci-tech innovation and industrial innovation."Sci-tech innovation plays a pivotal role in nurturing new quality productive forces. China has sent a clear signal that it is dedicated to implementing the innovation-driven development strategy and facilitating the in-depth integration of digital technologies with the real economy, in a bid to drive a shift from old growth drivers to new ones," said Luo Zhongwei, a researcher at the Chinese Academy of Social Sciences' Institute of Industrial Economics.Luo emphasized the need to improve indigenous innovation abilities by stepping up investment in core technologies in key fields to solve bottleneck issues.Pan Helin, a member of the Expert Committee for Information and Communication Economy, which is part of the Ministry of Industry and Information Technology, said, "The integrated advancements in sci-tech innovation and industrial innovation are crucial for promoting social and economic development, advancing Chinese modernization and cultivating fresh driving forces."According to Pan, China's focus on nurturing new quality productive forces is conducive to speeding up the establishment of a modern industrial system and enhancing the stability and resilience of industrial and supply chains.Pan said that in fostering new quality productive forces, different regions of the country should focus on comparative advantages and base their efforts on local conditions, avoiding blind investment in specific fields.Li Dongsheng, founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp, said, "The development of new quality productive forces requires further stimulating technological innovation, continuously investing in scientific research and talent development, and supporting the intelligent transformation of industries."Li underscored the need to give full play to the leading role of enterprises in bolstering sci-tech innovation and motivate their innovation vitality.China's spending on research and development maintained rapid growth last year, thanks to efforts to support technological innovation. Data from the National Bureau of Statistics shows that China's R&D expenditure exceeded 3.6 trillion yuan ($502.3 billion) in 2024, up 8.3 percent year-on-year, ranking second in the world.In recent years, the country's strength in sci-tech innovation has taken a major leap. According to the World Intellectual Property Organization, China has moved up to 11th place in the rankings of the world's most innovative economies and remains the only middle-income economy in the top 30."China is not only a manufacturing powerhouse, but also a global innovation powerhouse driving trends in digitalization, sustainability and high-tech industries," said Denis Depoux, global managing director of market consultancy Roland Berger."China has emerged as a strong player in the global R&D landscape, and has made rapid progress in the development of AI technology, becoming one of the global leaders, and the pace will further accelerate," Depoux said.The country's emphasis on accelerating the development of new quality productive forces will attract more investment by foreign companies to support Chinese companies' transformation, and to bring more technologies to the world's second-largest economy, he added.Anu Rathninde, president for Asia-Pacific at Johnson Controls, a United States-based smart building solutions provider, said the rise of new quality productive forces signifies a transformative shift in China's economic model, replacing outdated growth drivers with more dynamic ones and establishing the foundation for more sustained and robust economic development in the future.He said that China is an important part of the company's global business network, and will continue to be a key contributor to global economic growth. "We are confident in the Chinese market and determined to deepen our footprint here," he said.Chris Lee, senior vice-president and head of Asia-Pacific at Aveva, a United Kingdom-based industrial software developer, said that China has rapidly emerged as a global frontier for industrial innovation, presenting vast development opportunities fueled by the development of new quality productive forces and the country's vibrant digital economy.The company recently launched its China intelligent innovation center, its first localized R&D center, to deepen its "in China, for China" strategy.Lee highlighted that China's mature and extensive industrial system and supply chain offer an unparalleled platform for technological innovation, adding that the company will deepen its roots locally and collaborate closely with local partners to empower China's smart manufacturing and industrial digitalization.

Fuente original: ⁠https://youtu.be/_zisLqRa7tM?list=TLGGgHWWEMUIXUsyMDA4MjAyNQ⁠La compleja relación entre el Concilio Vaticano II y la crisis en la práctica religiosa católica. Se cita una investigación del National Bureau of Economic Research (NBER) que señala un vínculo evidente entre el Concilio y la disminución religiosa, destacando que esta crisis fue más pronunciada en la Iglesia Católica que en otras confesiones. Los análisis sugieren que, aunque la crisis tuvo raíces preexistentes (como el modernismo y la posmodernidad), el Concilio actuó como un catalizador, intensificando estos problemas a través de su intento de diálogo con la modernidad y la adopción de un lenguaje pastoral menos preciso que uno definitorio. En esencia, las fuentes exploran cómo factores previos y las orientaciones del Concilio se combinaron para precipitar una manifestación significativa de la crisis religiosa.

China's industrial production maintained its solid growth momentum in July, with value-added output from major industrial enterprises rising 5.7 percent year-on-year and 0.38 percent month-on-month, driven by strong performances in equipment manufacturing and high-tech sectors, which expanded by 8.4 percent and 9.3 percent respectively, official data showed on Friday.周五公布的官方数据显示，中国7月份工业生产保持了强劲增长势头，主要工业企业增加值同比增长5.7%，环比增长0.38%，这得益于装备制造业和高科技行业的强劲表现，分别增长了8.4%和9.3%。 Figures released by the National Bureau of Statistics showed that China's industrial output, which includes manufacturing, mining and utilities, rose 5.7 percent year-on-year in July, following a 6.8 percent increase in June.国家统计局公布的数据显示，继6月份增长6.8%之后，中国7月份包括制造业、采矿业和公用事业在内的工业产出同比增长5.7%。 Retail sales, a key measure of consumer spending, grew 3.7 percent year-on-year in July compared to a 4.8 percent rise in June.零售额是衡量消费者支出的关键指标，7月份同比增长3.7%，而6月份增长4.8%。 Fixed-asset investment rose by 1.6 percent during the January-July period, compared to a 2.8 percent rise in the first half of the previous year.固定资产投资在1月至7月期间增长了1.6%，而去年上半年增长了2.8%。 The surveyed urban unemployment rate stood at 5.2 percent in July, up from 5 percent in June, according to the NBS.根据国家统计局的数据，7月份调查的城市失业率为5.2%，高于6月份的5%。 The NBS highlighted that the data reflects China's steady economic momentum, demonstrating significant resilience and vitality despite the complex and volatile external environment and the adverse impacts of extreme domestic weather conditions.国家统计局强调，这些数据反映了中国稳定的经济势头，尽管面临复杂多变的外部环境和极端国内天气条件的不利影响，但表现出了显著的韧性和活力。 Recognizing that challenges and risks persist in the external environment, the NBS reaffirmed its commitment to promoting the effective implementation of policies aimed at maintaining stability in employment, business activity, markets and expectations.国家统计局认识到外部环境持续存在挑战和风险，重申其致力于促进有效实施旨在维持就业、商业活动、市场和预期稳定的政策。 fixed-assetn.固定资产/ˈfɪkst ˈæsɛt/ external environmentn.外部环境/ɪkˈstɜːnəl ɪnˈvaɪrənmənt/

Hitler, Stalin, and Mao ruled through violence, fear, and ideology. But in recent decades a new breed of media-savvy strongmen has been redesigning authoritarian rule for a more sophisticated, globally connected world. In place of overt, mass repression, rulers such as Vladimir Putin, Recep Tayyip Erdogan, and Viktor Orbán control their citizens by distorting information and simulating democratic procedures. Like spin doctors in democracies, they spin the news to engineer support. Uncovering this new brand of authoritarianism, Sergei Guriev and Daniel Treisman explain the rise of such “spin dictators,” describing how they emerge and operate, the new threats they pose, and how democracies should respond. Spin Dictators traces how leaders such as Singapore's Lee Kuan Yew and Peru's Alberto Fujimori pioneered less violent, more covert, and more effective methods of monopolizing power. They cultivated an image of competence, concealed censorship, and used democratic institutions to undermine democracy, all while increasing international engagement for financial and reputational benefits. The book reveals why most of today's authoritarians are spin dictators—and how they differ from the remaining “fear dictators” such as Kim Jong-un and Bashar al-Assad. Spin Dictators: The Changing Face of Tyranny in the 21st Century (Princeton UP, 2022) is aimed at a general audience, synthesizing a vast amount of qualitative and quantitative research by the authors and many other scholars. The book is highly readable, with a great mix of anecdotes and examples along with plain-English explanations of academic research findings. However, it also provides an excellent overview of contemporary global authoritarianism for academics. Almost every claim in the book has an endnote reference to the original research for those who want to follow up. The endnotes mean that despite its moderately intimidating 340-page heft, the main text is a very approachable 219 pages. Daniel Treisman is a professor of political science at the University of California, Los Angeles and a research associate of the National Bureau of Economic Research. His research focuses on Russian politics and economics as well as comparative political economy, including in particular the analysis of democratization, the politics of authoritarian states, political decentralization, and corruption. In 2021-22, he was a visiting fellow at Stanford University's Center for Advanced Study in the Behavioral Sciences and he was recently named a 2022 Andrew Carnegie Fellow. A graduate of Oxford University (B.A. Hons.) and Harvard University (Ph.D. 1995), he has published five books and numerous articles in leading political science and economics journals including The American Political Science Review and The American Economic Review, as well as in public affairs journals such as Foreign Affairs and Foreign Policy. He has also served as a consultant for the World Bank, the European Bank for Reconstruction and Development, and USAID. In Russia, he has been a member of the International Advisory Committee of the Higher School of Economics and a member of the Jury of the National Prize in Applied Economics Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new Master's program in Applied Economics focused on the digital economy. His research focuses on the political economy and governance of China. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Hitler, Stalin, and Mao ruled through violence, fear, and ideology. But in recent decades a new breed of media-savvy strongmen has been redesigning authoritarian rule for a more sophisticated, globally connected world. In place of overt, mass repression, rulers such as Vladimir Putin, Recep Tayyip Erdogan, and Viktor Orbán control their citizens by distorting information and simulating democratic procedures. Like spin doctors in democracies, they spin the news to engineer support. Uncovering this new brand of authoritarianism, Sergei Guriev and Daniel Treisman explain the rise of such “spin dictators,” describing how they emerge and operate, the new threats they pose, and how democracies should respond. Spin Dictators traces how leaders such as Singapore's Lee Kuan Yew and Peru's Alberto Fujimori pioneered less violent, more covert, and more effective methods of monopolizing power. They cultivated an image of competence, concealed censorship, and used democratic institutions to undermine democracy, all while increasing international engagement for financial and reputational benefits. The book reveals why most of today's authoritarians are spin dictators—and how they differ from the remaining “fear dictators” such as Kim Jong-un and Bashar al-Assad. Spin Dictators: The Changing Face of Tyranny in the 21st Century (Princeton UP, 2022) is aimed at a general audience, synthesizing a vast amount of qualitative and quantitative research by the authors and many other scholars. The book is highly readable, with a great mix of anecdotes and examples along with plain-English explanations of academic research findings. However, it also provides an excellent overview of contemporary global authoritarianism for academics. Almost every claim in the book has an endnote reference to the original research for those who want to follow up. The endnotes mean that despite its moderately intimidating 340-page heft, the main text is a very approachable 219 pages. Daniel Treisman is a professor of political science at the University of California, Los Angeles and a research associate of the National Bureau of Economic Research. His research focuses on Russian politics and economics as well as comparative political economy, including in particular the analysis of democratization, the politics of authoritarian states, political decentralization, and corruption. In 2021-22, he was a visiting fellow at Stanford University's Center for Advanced Study in the Behavioral Sciences and he was recently named a 2022 Andrew Carnegie Fellow. A graduate of Oxford University (B.A. Hons.) and Harvard University (Ph.D. 1995), he has published five books and numerous articles in leading political science and economics journals including The American Political Science Review and The American Economic Review, as well as in public affairs journals such as Foreign Affairs and Foreign Policy. He has also served as a consultant for the World Bank, the European Bank for Reconstruction and Development, and USAID. In Russia, he has been a member of the International Advisory Committee of the Higher School of Economics and a member of the Jury of the National Prize in Applied Economics Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new Master's program in Applied Economics focused on the digital economy. His research focuses on the political economy and governance of China. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/russian-studies

Hitler, Stalin, and Mao ruled through violence, fear, and ideology. But in recent decades a new breed of media-savvy strongmen has been redesigning authoritarian rule for a more sophisticated, globally connected world. In place of overt, mass repression, rulers such as Vladimir Putin, Recep Tayyip Erdogan, and Viktor Orbán control their citizens by distorting information and simulating democratic procedures. Like spin doctors in democracies, they spin the news to engineer support. Uncovering this new brand of authoritarianism, Sergei Guriev and Daniel Treisman explain the rise of such “spin dictators,” describing how they emerge and operate, the new threats they pose, and how democracies should respond. Spin Dictators traces how leaders such as Singapore's Lee Kuan Yew and Peru's Alberto Fujimori pioneered less violent, more covert, and more effective methods of monopolizing power. They cultivated an image of competence, concealed censorship, and used democratic institutions to undermine democracy, all while increasing international engagement for financial and reputational benefits. The book reveals why most of today's authoritarians are spin dictators—and how they differ from the remaining “fear dictators” such as Kim Jong-un and Bashar al-Assad. Spin Dictators: The Changing Face of Tyranny in the 21st Century (Princeton UP, 2022) is aimed at a general audience, synthesizing a vast amount of qualitative and quantitative research by the authors and many other scholars. The book is highly readable, with a great mix of anecdotes and examples along with plain-English explanations of academic research findings. However, it also provides an excellent overview of contemporary global authoritarianism for academics. Almost every claim in the book has an endnote reference to the original research for those who want to follow up. The endnotes mean that despite its moderately intimidating 340-page heft, the main text is a very approachable 219 pages. Daniel Treisman is a professor of political science at the University of California, Los Angeles and a research associate of the National Bureau of Economic Research. His research focuses on Russian politics and economics as well as comparative political economy, including in particular the analysis of democratization, the politics of authoritarian states, political decentralization, and corruption. In 2021-22, he was a visiting fellow at Stanford University's Center for Advanced Study in the Behavioral Sciences and he was recently named a 2022 Andrew Carnegie Fellow. A graduate of Oxford University (B.A. Hons.) and Harvard University (Ph.D. 1995), he has published five books and numerous articles in leading political science and economics journals including The American Political Science Review and The American Economic Review, as well as in public affairs journals such as Foreign Affairs and Foreign Policy. He has also served as a consultant for the World Bank, the European Bank for Reconstruction and Development, and USAID. In Russia, he has been a member of the International Advisory Committee of the Higher School of Economics and a member of the Jury of the National Prize in Applied Economics Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new Master's program in Applied Economics focused on the digital economy. His research focuses on the political economy and governance of China. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Matthew Kraft, professor of education and economics at Brown University, joins The Education Gadfly Show to discuss the intersection of education policy and climate change.Then, on the Research Minute, Adam Tyner examines whether an elite “exam school” led to better educational outcomes for its students.Recommended content: On education and climate changeEducation and climate change: Synthesizing the evidence to guide future research —Matthew Kraft, Sohil Malik, and Grace Falken, Anneberg Institute EdWorkingPaper (2025)Does spending on school facilities raise student test scores? —Amber M. Northern, Ph.D., Thomas B. Fordham InstituteHow school HVAC systems affect learning —Ali Schalop, Thomas B. Fordham InstituteThe Research MinuteOptimal school system and curriculum design: Theory and evidence —Glenn Ellison & Parag A. Pathak, National Bureau of Economic Research (2025)Threading the needle on selective enrollment public schools —Michael J. Petrilli, Thomas B. Fordham InstituteFeedback welcome: Have ideas for improving our show? Send them to Alicia Anderson at aanderson@fordhaminstitute.org.  

This episode was recorded live at the 2025 Joy & Wholeness Summit in Asheville, North Carolina.Dr. Xi (Sisi) Hu is a Co-Founder and the Chief Wellbeing Economist of Atalan Tech, a mission-oriented startup focused on using machine learning to predict and prevent clinician burnout and turnover. She is also a Fellow of the Center for Labor and a Just Economy at Harvard Law School and Research Economist at the National Bureau of Economic Research, with a research focus on labor issues. She specializes in modeling disruption and risks in labor markets, and is passionate about protecting the wellbeing of workers in the healthcare industry. Dr. Hu received a National Science Foundation grant to study COVID's impact on healthcare workers. Her expertise is in risk science where her work has received media attention from around the world including the World Economic Forum, Sky News, the UN, among others.Dr. Heather Schmidt is a family medicine physician in Fond du Lac, WI, who trained at Midwestern University and completed her residency at Exempla/St.Joseph's Hospital. She became the Medical Director of Health and Wellness at Agnesian HealthCare in 2013 and transitioned to the System Medical Director of Healthy Work and Well-being for SSM Health in 2020. Dr. Schmidt has collaborated with various partners to integrate well-being into initiatives such as leadership development and employee safety and has been instrumental in implementing the SSM Health Care for Caregivers peer support system and Schwartz Rounds. She continues her medical practice with a focus on weight management and mental health and enjoys spending time with her husband and daughters, skiing and boating in Wisconsin.Thanks for tuning in! Check out more episodes of The Well-Being Connector at www.bethejoy.org/podcast.

On this episode, hosts Robert J. Marks and Bradley Norris begin a conversation with Hal Philipp, the man behind the modern touchscreen and a prolific inventor with an impressive 98 U.S. patents. Hal shares his story and some of the lessons he’s learned over a career in invention. Hal’s journey began with a stint at the National Bureau of Standards Read More › Source

In a time of rapid technological change and geopolitical fragmentation, who benefits from artificial intelligence—and who gets left behind?Ronnie Chatterji, Chief Economist at OpenAI and former White House coordinator for the CHIPS Act, joins Gita Wirjawan for a deep conversation about the real-world consequences of AI: on jobs, infrastructure, regulation, inequality, and the fragile promise of growth across the Global South.Ronnie reflects on what it means to apply economic thinking to one of the most consequential technologies of our time.#Endgame #GitaWirjawan #OpenAIAbout the Guest:Aaron “Ronnie” Chatterji, Ph.D., is OpenAI's first Chief Economist. He is on leave as a Research Associate at the National Bureau of Economic Research and previously taught at Harvard Business School. Earlier in his career, he worked at Goldman Sachs and was a term member of the Council on Foreign Relations. Chatterji holds a Ph.D. from UC Berkeley and a B.A. in Economics from Cornell University.About the host: Gita is an Indonesian entrepreneur and educator. He is the founding partner of Ikhlas Capital and the chairman of Ancora Group. Currently, he is teaching at Stanford as a visiting scholar with Stanford's Precourt Institute for Energy; and a fellow at the Harvard Kennedy School's Belfer Center for Science and International Affairs.------------------------ Explore and be part of our community⁠ https://endgame.id/⁠---------------Collaborations and partnerships: ⁠https://sgpp.me/contactus⁠

In this episode, we talk with Tal Gross about new teaching techniques. Tal is a Professor in the Department of Markets, Public Policy & Law at Boston University. He is also a Faculty Research Fellow at the National Bureau of Economic Research. His research focuses on health insurance and household finance.In this book, Tal shares about his new book “Better Health Economics”, which you can buy through Bookshop.org, Amazon, or the publisher's website.They are also giving out slides, exams, and active-learning exercises to instructors. If you are teaching health economics – or know someone who is – they can provide the materials.Tal talked about his latest publication in economics just appeared in AER: Insights, and it's joint work with Tim Layton and Daniel Prinz.We talked about how to structure our day and refer to this article on Non-technical summary of decision fatigue.We also talked about how interruptions affect your work, and here is the George Mason study on interruptionsWe also talked about how writing is important and references the article: “One learns through the act of writing itself.”The Elite IllusionWe also talked about an easy way to improve student evaluations: Cookies improve student evaluationsAnd two articles that argue against student evaluations One and TwoHere is a Great summary of active-learning methods in STEM classesAwesome PNAS paper: active-learning method is more effective but feels less effectiveIn addition, Tal has put together A list I put together of resources on active-learning exercisesWe talked about ModLab, which provides a number of great active learning resources.Tal's recommendation of the week is to get a stopwatch, which is useful for setting a time to work, cooking, and many other things!Alex's recommendation of the week is the book “Teaching Statistics: A bag of tricks” by  Andrew Gelman  (Author), Deborah NolanSebastian's recommendation of the week is Ommwriter, a minimalist and relaxing writing appSebastian Tello-Trillo is an Assistant Professor of Public Policy and Economics at the Frank Batten School of Leadership and Public Policy at the University of Virginia.Alex Hollingsworth is an Assistant Professor of Economics at the O'Neill School of Public and Environmental Affairs at Indiana University.Henry Morris is our main editor. He is a student at the University of Virginia studying computer science and mathematics.

Scientific Sense ® by Gill Eapen: Prof. Stephanie Schmitt-Grohé is Professor of Economics at Columbia University, an Associate of the National Bureau of Economic Research and a Research Affiliate at the Centre for Economic Policy Research. Her research focuses on the design of monetary and fiscal policies, including optimal macroprudential policy, and on understanding the sources and propagation of macroeconomic shocks within and across countries.Please subscribe to this channel:https://www.youtube.com/c/ScientificSense?sub_confirmation=1

A State Council executive meeting presided over by Premier Li Qiang on Thursday called for stepping up efforts to improve the effectiveness of macroeconomic policies, while arranging the implementation of interest subsidies on personal consumption loans and loans to service sector businesses to better stimulate consumption and enhance market vitality.本周四，国务院常务会议主持李强总理呼吁加大力度提高宏观经济政策的有效性，同时安排对个人消费贷款和服务业企业贷款实施利息补贴，以更好地刺激消费，增强市场活力。As the country's latest step to boost innovation-driven growth, the State Council executive meeting approved a guideline on deeply implementing the AI Plus initiative, calling for promoting the large-scale, commercial application of artificial intelligence and advancing its accelerated adoption and deep integration across various fields of economic and social development.作为中国推动创新驱动增长的最新举措，国务院常务会议批准了一项关于深入实施人工智能+倡议的指导方针，呼吁促进人工智能的大规模商业应用，并推进其在经济和社会发展各个领域的加速采用和深度融合。On Thursday, the National Bureau of Statistics released the latest purchasing managers index, or PMI, data, which suggested the necessity to consolidate the resilience of the manufacturing sector and overall economic momentum in the second half of the year.周四，国家统计局发布了最新的采购经理人指数（PMI）数据，该数据表明，下半年有必要巩固制造业的韧性和整体经济势头。Economists called for further reinforcing support for domestic demand and employment, as the nation's manufacturing activity cooled in July amid unfavorable weather and the traditional off-season. The official PMI for the manufacturing sector stood at 49.3 in July, down from 49.7 in June, the NBS said on Thursday.经济学家呼吁进一步加强对国内需求和就业的支持，因为在不利天气和传统淡季的影响下，该国7月份的制造业活动有所降温。国家统计局周四表示，7月份制造业官方采购经理人指数为49.3，低于6月份的49.7。Despite the moderation, high-tech manufacturing continued to gain traction in July, highlighting the vitality of the country's industrial upgrading and reinforcing the sector's ability to withstand ongoing external challenges, experts said.专家表示，尽管有所放缓，但高科技制造业在7月份继续获得动力，突显了该国产业升级的活力，并增强了该行业抵御持续外部挑战的能力。Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said, "With both domestic and external demand softening, the manufacturing PMI ended its two-month rebound and declined within the contraction territory in July."东方金诚首席宏观经济分析师王青表示：“随着国内外需求疲软，制造业采购经理人指数结束了两个月的反弹，7月份在收缩区间内下降。”The official manufacturing PMI has stayed below the 50 mark that separates expansion from contraction for the fourth consecutive month. In July, the subindex of new orders — a barometer of market demand — dropped to 49.4 from 50.2 in June, while that of new export orders went down to 47.1 from 47.7 in the previous month.官方制造业采购经理人指数（PMI）连续第四个月保持在50分以下，50分是扩张与收缩的分界线。7月份，作为市场需求晴雨表的新订单分项指数从6月份的50.2降至49.4，而新出口订单分项指数从前一个月的47.7降至47.1。External headwinds dampened export momentum, while the effect of earlier policies to boost domestic demand started to wane in July, Wang said, adding that high temperatures, heavy rains and flooding in some regions disrupted production.王说，外部逆风抑制了出口势头，而早些时候提振内需的政策的效果在7月份开始减弱，并补充说，一些地区的高温、暴雨和洪水扰乱了生产。Downward pressures on economic growth may intensify in the third quarter, said Wang, who expects additional measures to boost domestic demand as China's relatively low levels of sovereign debt and inflation have offered ample policy room to offset a slowdown in external demand.王表示，第三季度经济增长的下行压力可能会加剧。他预计，随着中国相对较低的主权债务和通胀水平为抵消外部需求放缓提供了充足的政策空间，将采取额外措施提振内需。The Political Bureau of the Communist Party of China Central Committee held a meeting on Wednesday that made arrangements for economic work in the second half, emphasizing that macro policies should continue to exert force and be strengthened at an appropriate time.中共中央政治局周三召开会议，对下半年经济工作作出部署，强调宏观政策要继续发挥作用，适时加强。Xiong Yi, Deutsche Bank's chief economist for China, said, "If GDP growth slows faster than expected, a budget deficit increase may become necessary in the fourth quarter."德意志银行中国首席经济学家熊奕表示：“如果GDP增长放缓速度超过预期，第四季度可能需要增加预算赤字。”He said he anticipates that the Chinese economy will grow 4.8 percent in 2025, following its strong resilience in the first half of the year.他说，他预计中国经济在上半年强劲复苏后，到2025年将增长4.8%。According to Xiong, service consumption is expected to become a new driver of economic growth and employment in the second half of the year. China is enhancing its support for service consumption, with a particular focus on cultural tourism, elderly care, healthcare and domestic services.熊表示，服务消费有望成为下半年经济增长和就业的新动力。中国正在加强对服务消费的支持，特别关注文化旅游、养老、医疗保健和家政服务。Despite the overall decline, the PMI for high-tech manufacturing came in at 50.6 in July, while that for equipment manufacturing was at 50.3, the NBS said, indicating the sectors' capability to thrive despite challenges.国家统计局表示，尽管整体下降，但7月份高科技制造业的采购经理人指数为50.6，而设备制造业的PMI为50.3，表明这些行业在面临挑战的情况下仍有能力蓬勃发展。For instance, Nantong Haixing Electronics Co, an electronic energy storage materials producer based in Nantong, Jiangsu province, saw its export value exceeding 50 million yuan in the first half of 2025, marking a year-on-year increase of 67.23 percent, data from Nanjing Customs showed.例如，南京海关的数据显示，总部位于江苏省南通市的电子储能材料生产商南通海星电子有限公司在2025年上半年的出口额超过5000万元人民币（695万美元），同比增长67.23%。Jin Wenhui, the head of the company's foreign trade unit, said that despite intense worldwide competition, sustained investment in innovation has enabled the company to pursue industrial upgrading and remain resilient in a rapidly evolving global landscape.该公司外贸部门负责人金文辉表示，尽管全球竞争激烈，但对创新的持续投资使该公司能够追求产业升级，并在快速发展的全球格局中保持弹性。Guangdong Greenway Technology Co, a manufacturer of electric motorcycles and bicycles, as well as mobile energy storage systems, based in Dongguan, Guangdong province, shipped its products to more than 80 countries and regions across Europe and the Americas in the first half of the year, according to Huangpu Customs in Guangdong.广东黄埔海关表示，总部位于广东省东莞市的电动摩托车和自行车以及移动储能系统制造商广东绿道科技有限公司上半年将其产品运往欧美80多个国家和地区。Wu Jing, head of the company's foreign trade unit, said, "With years of development in lithium battery manufacturing, we've steadily increased our supply of high-quality, eco-friendly products amid the global shift toward energy transition, while actively exploring new markets and opportunities overseas."该公司外贸部门负责人吴京表示：“随着锂电池制造业多年的发展，在全球能源转型的背景下，我们稳步增加了高质量、环保产品的供应，同时积极探索海外新市场和机遇。”economic momentumn.经济势头/ˌiːkəˈnɒmɪk məˈmɛntəm/budget deficitn.预算赤字/ˈbʌdʒɪt ˈdɛfɪsɪt/

On this week's Education Gadfly Show, Vlad Kogan—professor and director of undergraduate studies at The Ohio State University—joins us to discuss his forthcoming book, No Adult Left Behind: How Politics Hijacks Education Policy and Hurts Kids (out August 21).Then, on the Research Minute, Adam highlights new findings from the National Bureau of Economic Research on the long-term benefits of participation in scholastic sports.Recommended content:“No Adult Left Behind: How Politics Hijacks Education Policy and Hurts Kids” —Vladimir Kogan“When School Board Elections Lose Their Voice” —Anna J. Egalite, Education Next“The Benefits of Scholastic Athletics” — James J. Heckman, Colleen P. Loughlin, and Haihan Tian, NBER (July 2025)Feedback Welcome: Have ideas for improving our podcast? Send them to Stephanie Distler at sdistler@fordhaminstitute.org.

In this week's episode of China Insider, Miles Yu reviews Taiwan's ten-day long Han Kuang military exercise, involving civilian drills and military training to prepare for a potential invasion and counter ongoing PLA gray zone operations. Next, Miles covers the "800 Brother" story trending across Chinese social media and internet forums as the popular worker wage movements maintain their current momentum on a national scale. Lastly, Miles digs into China's reported 5.2% GDP growth over the second quarter of this year, and examines the historical efficacy of China's National Bureau of Statistics' economic analysis and reporting.   China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.

Emma Unson Rotor took leave from her job as a math teacher in the Philippines to study physics at Johns Hopkins University in 1941. Her plans were disrupted when the Imperial Japanese Army invaded and occupied the Philippines. Unable to access her Philippine government scholarship to attend Johns Hopkins, she joined the Ordnance Development Division at the National Bureau of Standards. It was here that she did groundbreaking research on the proximity fuze, the “world's first ‘smart' weapon,” in the words of physicist Frank Belknap Baldwin, who also helped develop the technology. Learn about your ad choices: dovetail.prx.org/ad-choices

Data from the National Bureau of Statistics shows China's gross domestic product grew 5.3 percent year on year in the first half of 2025.

Today on Political Economy, I'm talking with Edward Glaeser about the problem with American housing supply and the many hurdles to building affordable homes. Ed and I look at the past century of urban and suburban construction and the attitudes and policies that have held back the US housing market.Ed is the chair of the economics department at Harvard University, where he has been a professor since 1992. He is also a visiting senior fellow here at AEI where his research focuses on urban economic policy. His most recent co-authored paper, “America's Housing Supply Problem: The Closing of the Suburban Frontier?” is published in the National Bureau of Economic Research.

Cuentahabientes, si ustedes creen que con la edad todo se vuelve más aburrido, Enrique Tamez nos va a explicar por qué cuando envejecemos somos más felices de acuerdo con un estudio publicado en el National Bureau of Economic Research (organización de investigación económica privada y sin fines de lucro, fundada en 1920 en Estados Unidos. Su sede está en Cambridge, Massachusetts). Hosted on Acast. See acast.com/privacy for more information.

Israel's strike on Iran. Assassination of a Minnesota politician. Economics of aging.  Find us on YouTube. Mike and Clarissa discuss the complex backdrop of Israel's strikes on Iran, the assassination of a Minnesota politician, and a Christian response to political violence. Then, Clarissa sits down with economist Sita Slavov to discuss economic issues related to aging, including social security policy and wisdom for retirement.  GO DEEPER WITH THE BULLETIN: Join the conversation at our Substack. Find us on YouTube. Rate and review the show in your podcast app of choice. ABOUT THE GUESTS:  Sita Slavov is a professor of public policy at the Schar School of Policy and Government at George Mason University, a faculty research fellow at the National Bureau of Economic Research, and a senior fellow at the American Enterprise Institute. She specializes in public finance and the economics of aging. Sita has served as a senior economist specializing in public finance issues at the White House's Council of Economic Advisers, and she has testified before Congress. Her work has appeared in peer-reviewed journals such as the Journal of Health Economics and the Journal of Public Economics. She also has work published in The New York Times, Los Angeles Times, RealClearPolicy, and US News & World Report. ABOUT THE BULLETIN: The Bulletin is a twice-weekly politics and current events show from Christianity Today moderated by Clarissa Moll, with senior commentary from Russell Moore (Christianity Today's editor in chief) and Mike Cosper (director, CT Media). Each week, the show explores current events and breaking news and shares a Christian perspective on issues that are shaping our world. We also offer special one-on-one conversations with writers, artists, and thought leaders whose impact on the world brings important significance to a Christian worldview, like Bono, Sharon McMahon, Harrison Scott Key, Frank Bruni, and more. The Bulletin listeners get 25% off CT. Go to https://orderct.com/THEBULLETIN to learn more. “The Bulletin” is a production of Christianity Today Producer: Clarissa Moll Associate Producer: Alexa Burke Editing and Mix: Kevin Morris Music: Dan Phelps Executive Producers: Erik Petrik and Mike Cosper Senior Producer: Matt Stevens Learn more about your ad choices. Visit podcastchoices.com/adchoices

Economics is seeing an upsurge in the importance of controlled, reproducible empirical studies. One area where this has had a great impact is on development economics, which studies the economies of low- and middle-income societies. Edward Miguel has been at the forefront of both the revolution in empirical methods, and in applying those techniques to alleviating poverty in sub-Saharan Africa and elsewhere.Blog post with transcript: https://www.preposterousuniverse.com/podcast/2025/06/16/318-edward-miguel-on-the-developing-practice-of-development-economics/Support Mindscape on Patreon.Edward Miguel received his Ph.D. in economics from Harvard university. He is currently Distinguished Professor of Economics and Oxfam Professor in Environmental and Resource Economics at the University of California, Berkeley. He is also Faculty co-Director of the Center for Effective Global Action and a Faculty Research Associate of the National Bureau of Economic Research. Among his awards are the Frisch Medal of the Econometric Society, the Kenneth Arrow Prize of the International Health Economics Association, and multiple teaching awards.Web siteBerkeley web pageGoogle Scholar publicationsWikipediaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The aftermath of Biden's open border policies continues to haunt America as the consequences of mass illegal immigration continue to snowball. Changing attitudes towards, net positive, productive legal migration reflects the sentiment stirred up by the surge in illegal immigration we experienced the last four years. How does this affect workforce participation and address population decline? What role does the welfare state play? How are foreign adversaries using this mess as an opportunity to establish influence operations through universities, social media, and in foreign born communities? Has something changed about the nature of illegal migrants to America? And where is an immigration reform bill in Congress to address these issues permanently?Nicholas Eberstadt is the Henry Wendt Chair in Political Economy at the American Enterprise Institute where he researched demographics, economic development, and international security in the Korean peninsula and Asia. He is also a senior advisor to the National Bureau of Asian Research, a founding board member of the US Committee on Human Rights in North Korea, and has served as consultant or adviser to the US Government and international organizations. His most recent book is the Post-Pandemic Edition of Men Without Work (Templeton, 2022). His demographic work on immigration focuses on societies facing population decline and the crucial role of skilled immigrants, both of which he addresses in his Working Paper, “America's Immigration Mess: An Illustrated Guide.”Read the transcript here.Subscribe to our Substack here.

Wall Street has us all on edge right now, so we called in one of the smartest people we know when it comes to stock market to help us make sense of it all, Sam Stovall. Sam is CFRA's Chief Strategist and a market historian that knows his stuff! He joins us in this episode to discuss: What stock market history tells us about the shaky situation we're in today  What tariffs really have to do with the stock market and economy  The 'rebalance' rule  Mid-term election tailwinds  Where the federal reserve fits into all of this  

Waffles for the Win Workarounds are the thing to avoid onerous tariffs Investors starting to think that bark is worse than the bite PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - Waffles for the Win - Workarounds are the thing - Learning about the First Sale Rule Markets - 42 Days? And counting - Investors starting to think that bark is worse than the bite - US Steel Deal - WOW! - Fresh steam for speculation - lots of movement Waffling - What are your favorite way to eat waffles? - Friday - 50% on Europe - Blah Blah - 25% on Apple and every smartphone maker that brings in product to USA - Sunday - Delay the Europe tariffs until July 9th - Not sure where we are on Results - Markets swoon on the initial Europe Tariff announcement - Markets (Overnight Futures) Popped higher on the Waffle - Apple will look to eat and see a cut to margins - ---- Surely Apple will promise to build plants in the US and slow role it to get some relief --- Apple recently announced a 250,000-square-foot advanced manufacturing facility in Houston that is expected to begin operations in 2026, indicating a timeline of roughly 1.5 to 2 years from announcement to production start (managed by Foxconn - manufacturing AI Driver Servers China - Not bad - China's industrial profits rose for a second straight month in April, with their growth improving despite U.S. tariffs and persistent deflationary pressures, thanks to Beijing's measures aimed at supporting businesses. - Cumulative profits at major industrial firms climbed 3% last month compared to a year earlier, official data showed Tuesday, accelerating from a 2.6% growth in March. - In the first four months this year, industrial profits rose 1.4%, year on year, according to the National Bureau of Statistics, bolstered by stronger earnings in the equipment and high-tech manufacturing sectors. Facts though first: - Foxconn's Zhengzhou campus in China, often called “iPhone City,” spans over 1.4 million square meters (15 million square feet) and employs hundreds of thousands of workers. Approx 80% of Apple's annual iPhone production) -- To replicate this in the U.S., Apple would likely need multiple facilities totaling 10–15 million square feet or more, depending on automation levels and vertical integration. First Sale Rule - Love this!- - The first sale rule has been around since 1988 --- This is why markets/stocks/companies will always win - The “first sale rule” is a concept in U.S. customs law that allows importers to use the lowest cost of a good to calculate duties. - Under U.S. customs law, the first sale rule allows importers to base customs duties on the price of the initial transaction in a multi-tiered supply chain. Example scenario: A Chinese manufacturer sells a t-shirt to a Hong Kong vendor for $5. The Hong Kong vendor resells it to a U.S. retailer for $10. The U.S. retailer sells it to consumers for $40. - Using the first sale rule, the U.S. retailer can declare the $5 price for customs purposes, rather than the $10 resale price. - This approach reduces the duty owed by excluding the middleman's markup. Asked AI to make easier to understand in an infographic AI Info-graphic Boeing Update - The U.S. Justice Department said Friday that it has reached a deal with Boeing - That will allow the aircraft maker to avoid prosecution over two crashes of its 737 Max planes that killed 346 people. - The non-prosecution agreement would allow Boeing, a major military contractor and top U.S. exporter, to avoid being labeled a felon. - The decision means Boeing won't face trial as scheduled next month,

This episode on the pellagra epidemic focuses on its prevalence in the U.S. in the early 20th century. Some of the scientific work done to understand it involves self-experimentation, and some of it is ethically problematic by today’s standards. Research: Akst, Daniel. “Pellagra: The Forgotten Plague.” American Heritage. December 2000. https://www.americanheritage.com/pellagra-forgotten-plague Baird Rattini, Kristin. “A Deadly Diet.” Discover. Mar2018, Vol. 39 Issue 2, p70-72. Bridges, Kenneth. “Pellagra.” Encyclopedia of Arkansas. https://encyclopediaofarkansas.net/entries/pellagra-2230/ Clay, Karen et al. “The Rise and Fall of Pellagra in the American South.” National Bureau of Economic Research Working Paper 23730. 2018. http://www.nber.org/papers/w23730 Cleveland Clinic. “Pellagra.” 07/18/2022. https://my.clevelandclinic.org/health/diseases/23905-pellagra Crabb, Mary Katherine. “An Epidemic of Pride: Pellagra and the Culture of the American South.” Anthropologica , 1992, Vol. 34, No. 1 (1992), pp. 89-103. Via JSTOR. https://www.jstor.org/stable/25605634 Flannery, Michael A. “’Frauds,’ ‘Filth Parties,’ ‘Yeast Fads,’ and ‘Black Boxes’: Pellagra and Southern Pride, 1906-2003.” The Southern Quarterly. Vol. 53, no.3/4 (Spring/Summer 2016). Gentilcore, David and Egidio Priani. “Pellagra and Pellagrous Insanity During the Long Nineteenth Century.” Mental Health in Historical Perspective. Palgrave Macmillan. 2023. Ginnaio, Monica. “Pellagra in Late Nineteenth Century Italy: Effects of a Deficiency Disease.” Population-E, 66 (3-4), 2011, 583-610. Hung, Putzer J. “Pellagra: A medical whodunit.” Hektoen International: A Journal of Medical Humanities. https://hekint.org/2018/09/18/pellagra-a-medical-whodunit/ Jaworek, Andrzej K. et al. “The history of pellagra.” Dermatol Rev/Przegl Dermatol 2021, 108, 554–566 DOI: https://doi.org/10.5114/dr.2021.114610 Kean, Sam. “Joseph Goldberger’s Filth Parties.” Science History Institute Museum and Library. https://www.sciencehistory.org/stories/magazine/joseph-goldbergers-filth-parties/ Kiple, Kenneth F. and Virginia H. “Black Tongue and Black Men: Pellagra and Slavery in the Antebellum South.” The Journal of Southern History , Aug., 1977, Vol. 43, No. 3. https://www.jstor.org/stable/2207649 Kraut, Alan. “Dr. Joseph Goldberger & the War on Pellagra.” National Institutes of Health Office of NIH History and Stetten Museum. https://history.nih.gov/pages/viewpage.action?pageId=8883184 Marks, Harry M. “Epidemiologists Explain Pellagra: Gender, Race and Political Economy in the Work of Edgar Sydenstricker.” Journal of the History of Medicine and Allied Sciences , JANUARY 2003. https://www.jstor.org/stable/24623836 Morabia, Alfredo. “Joseph Goldberger’s research on the prevention of pellagra.” J R Soc Med 2008: 101: 566–568. DOI 10.1258/jrsm.2008.08k010. Park, Youngmee K. et al. “Effectiveness of Food Fortification in the United States: The Case of Pellagra.” American Journal of Public Health. May 2U(H). Vol. 90. No. 5. Peres, Tanya M. “Malnourished.” Gravy. Southern Foodways Alliance. Fall 2016. https://www.southernfoodways.org/malnourished-cultural-ignorance-paved-the-way-for-pellagra/ Pinheiro, Hugo et al. “Hidden Hunger: A Pellagra Case Report.” Cureus vol. 13,4 e14682. 25 Apr. 2021, doi:10.7759/cureus.14682 A. C. Wollenberg. “Pellagra in Italy.” Public Health Reports (1896-1970), vol. 24, no. 30, 1909, pp. 1051–54. JSTOR, https://doi.org/10.2307/4563397. Accessed 13 Feb. 2025. Rajakumar, Kumaravel. “Pellagra in the United States: A Historical Perspective.” SOUTHERN MEDICAL JOURNAL • Vol. 93, No. 3. March 2020. Savvidou, Savvoula. “Pellagra: a non-eradicated old disease.” Clinics and practice vol. 4,1 637. 28 Apr. 2014, doi:10.4081/cp.2014.637 SEARCY GH. AN EPIDEMIC OF ACUTE PELLAGRA. JAMA. 1907;XLIX(1):37–38. doi:10.1001/jama.1907.25320010037002j Skelton, John. “Poverty or Privies? The Pellagra Controversy in America.” Fairmount Folio: Journal of History. Vol. 15 (2014). https://journals.wichita.edu/index.php/ff/article/view/151 Tharian, Bindu. "Pellagra." New Georgia Encyclopedia, 20 September 2004, https://www.georgiaencyclopedia.org/articles/science-medicine/pellagra/. University Libraries, University of South Carolina. “A Gospel of Health: Hilla Sheriff's Crusade Against Malnutrition in South Carolina.” https://digital.library.sc.edu/exhibits/hillasheriff/history-of-pellagra/ University of Alabama at Birmingham. “Pellagra in Alabama.” https://library.uab.edu/locations/reynolds/collections/regional-history/pellagra Wheeler, G.A. “A Note on the History of Pellagra in the United States.” Public Health Reports (1896-1970) , Sep. 18, 1931, Vol. 46, No. 38. Via JSTOR. https://www.jstor.org/stable/4580180 See omnystudio.com/listener for privacy information.