Podcasts about national bureau

There's more evidence that China's economy is stalling. Beijing released a batch of government data today that was not encouraging. Chinese consumers have slammed their wallets shut, and data from the National Bureau of Statistics of China paints a picture of stagnating investment, output, and consumption. And later, we'll preview long-delayed economic data slated to come out this week and learn why retailers are hiring fewer workers for the holiday shopping season.

There's more evidence that China's economy is stalling. Beijing released a batch of government data today that was not encouraging. Chinese consumers have slammed their wallets shut, and data from the National Bureau of Statistics of China paints a picture of stagnating investment, output, and consumption. And later, we'll preview long-delayed economic data slated to come out this week and learn why retailers are hiring fewer workers for the holiday shopping season.

In this episode, Yiqun Chen and Marcus Dillender join us to discuss their revealing study on how nursing homes respond to government inspections. They explain how facilities often make short-term changes—like boosting staff and discharging patients—just to look better during inspections, only to revert immediately afterward. Despite this gaming, inspection ratings still offer meaningful insights into resident outcomes. The conversation covers why some citations lead to real improvements while others don't; how inspection ratings relate to mortality risk; and what policymakers can do to make oversight more effective and less predictable. This episode offers a candid look at the strengths and blind spots of government monitoring, and what it means for the future of elder care. Guests: Yiqun Chen & Marcus Dillender, economists and authors of the National Bureau of Economic Research (NBER) paper “Government Monitoring of Health Care Quality: Evidence from the Nursing Home Sector”

Policy analyst Sam Cardwell of the Mountain States Policy Center argues that California's new $20 minimum wage for fast-food workers is a warning sign for the rest of the country. Citing a National Bureau of Economic Research study, he says the policy coincided with an estimated 18,000 fast-food jobs lost between September 2023 and September 2024 and a steeper employment decline than in other states. Cardwell applies those findings to Washington, Idaho, Montana and Wyoming, estimating thousands of potential job losses if each adopted a $20 minimum wage, and points to higher restaurant prices in Seattle as evidence of existing wage pressures. He concludes that large minimum wage hikes risk leaving some workers with “a minimum wage of zero.” https://www.clarkcountytoday.com/opinion/opinion-fast-food-jobs-at-risk-with-high-minimum-wages/#UnitedStates #MinimumWage #FastFoodJobs #CaliforniaPolicy #WashingtonState #MountainStatesPolicyCenter #Opinion

A serving Garda has appeared in court charged with corruption offences following an investigation by the National Bureau of Criminal Investigation into serious organised crime activity. For more on this our Crime Correspondent Paul Reynolds.

On this episode, OpenAI's chief economist Ronnie Chatterji describes how artificial intelligence is reshaping both the economy and scientific innovation. Ronnie discusses the dual economic impacts of AI — the near-term boost from infrastructure investments like chips and data centers, and the longer-term productivity gains as AI tools integrate into enterprises and consumer life. Beyond consumer convenience, he notes, the key question for economists and corporate leaders alike is when — and how — AI will unlock sustained economic value inside organizations. Tune in for Ronnie's perspective on how AI can help researchers test ideas faster, combine insights across disciplines, and make better choices about which problems to pursue. Read the episode transcript here. Guest bio: Aaron (Ronnie) Chatterji is OpenAI's first chief economist. He is also the Mark Burgess & Lisa Benson-Burgess Distinguished Professor at Duke University. He served in the Biden administration to implement the CHIPS and Sciences Act and was acting deputy director of the National Economic Council. Before that, he was chief economist at the Department of Commerce and a senior economist at the White House Council of Economic Advisers. He also previously taught at Harvard Business School, worked at Goldman Sachs, and was a term member of the Council on Foreign Relations. Chatterji is on leave as a research associate at the National Bureau of Economic Research. He holds a Ph.D. from University of California, Berkeley and a B.A. in economics from Cornell University. Me, Myself, and AI is a podcast produced by MIT Sloan Management Review and hosted by Sam Ransbotham. It is engineered by David Lishansky and produced by Allison Ryder. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials. ME, MYSELF, AND AI® is a federally registered trademark of Massachusetts Institute of Technology. All rights reserved.

Spending patterns among China's inbound travelers are shifting toward card-based transactions, experiential and everyday scenarios, underscoring the nation's progress in improving bank card acceptance and payment convenience, said a recent report by the World Tourism Alliance.世界旅游联盟发布的最新报告指出，中国入境游客的消费模式正转向以银行卡支付为主，并更多集中于沉浸式体验和日常消费场景，这凸显了中国在提升银行卡受理环境和支付便利性方面取得的显著进展。It said experiencing Chinese culture is increasingly the primary motivation for foreign visitors. This growing appetite for cultural depth is driving a shift from "checklist sightseeing" to "immersive experiences", making China's cultural treasure trove a key driver of inbound tourism growth.报告称，体验中国文化正成为越来越多外国游客的首要动机。这种对文化深度的渴望，正促使游客从“打卡式观光”转向“沉浸式体验”，中国丰富的文化资产因此成为入境旅游增长的重要推动力。The trend reflects ongoing enhancements to China's card acceptance environment. The report noted that coverage among key merchants reached 99 percent by September 2024. Moreover, tax refund efficiency has also improved significantly. The State Taxation Administration has rolled out "immediate tax refund upon purchase" services since May, drastically cutting refund processing times and enhancing shopping experiences.这一趋势反映出中国银行卡受理环境持续改善。报告指出，截至2024年9月，重点商户的银行卡受理覆盖率已达99%。此外，退税效率也显著提升。国家税务总局自5月起推行“即买即退”服务，大幅缩短退税处理时间，显著提升购物体验。The National Bureau of Statistics said China welcomed 132 million inbound tourists in 2024, marking a 60.8 percent year-on-year increase, with foreign visitors accounting for 26.94 million of these arrivals.国家统计局表示，2024年中国入境游客达到1.32亿人次，同比增长60.8%，其中外国游客达2694万人次。Between the third quarter of 2024 and the second quarter of 2025, Malaysia, Singapore, Australia, South Korea, Germany, the United Kingdom and the United States emerged as the top source markets for inbound spending. Malaysia, Australia and Singapore posted standout year-on-year growth rates — each exceeding 50 percent, said the WTA.世界旅游联盟称，在2024年第三季度至2025年第二季度期间，马来西亚、新加坡、澳大利亚、韩国、德国、英国和美国成为入境游客消费的主要来源市场。其中，马来西亚、澳大利亚和新加坡表现尤其突出，同比增幅均超过50%。Shopping stood out with a nearly 90 percent rise in transaction value. The surge was driven primarily by a sharp increase in the number of credit and debit cards used, while average spending per card remained stable — signaling a broader consumer base rather than higher individual outlays, the report said.购物类消费尤为亮眼，交易额增长近90%。报告指出，这一增幅主要得益于使用信用卡和借记卡人数的显著上升，而单卡平均消费保持稳定——这表明增长来自更广泛的消费群体，而非个体消费金额的提高。The transaction value of transportation spending has been growing strongly, with card usage surging, thanks to greater ease of foreign card payments in transit payment platform systems. Since early 2025, the number of inbound travelers using foreign bank cards for Tap-and-Go metro access has surged, with usage up nearly 60 percent in the second quarter compared to the previous quarter, the report said.由于交通出行支付平台对外卡支付的便利性提升，交通类消费的交易额保持强劲增长，银行卡使用量大幅上升。报告称，自2025年初以来，使用外卡“即刷即走”乘坐地铁的入境游客数量激增，仅第二季度就比上一季度增长近60%。Tap-and-Go is rapidly becoming a preferred payment method for inbound travelers using urban transit, marking a step forward in the internationalization of China's public transport services. Beyond Beijing and Shanghai, other major cities such as Chengdu, Sichuan province and Guangzhou, Guangdong province are also following suit. Major global card networks are also aggressively promoting this payment scenario, offering rebates and cashback incentives.“即刷即走”正迅速成为入境游客使用城市公共交通的首选支付方式，这标志着中国公共交通服务的国际化迈出重要一步。除北京和上海外，成都、广州等主要城市也在加紧跟进。国际主要银行卡组织也积极推广这一支付场景，并提供返现、优惠等激励措施。Dennis Chang, executive vice-president at Mastercard, said: "Today, as Mastercard expands our domestic operations in China, we are proud to upgrade our Pay Like a Local payment facilitation program; enable inbound tourists to make QR code payments in China through Alipay and WeChat Pay; expand the acceptance of overseas-issued bank cards; and allow riders to use Mastercard directly for seamless Tap-and-Go urban rail transit — thereby ensuring improved consumption experiences for international visitors."万事达卡中国区执行副总裁张安表示：“随着万事达在中国拓展本地业务，我们很自豪地升级‘像本地人一样支付'计划；支持入境游客通过支付宝和微信支付扫码付款；扩大境外发行银行卡的受理范围；并允许乘客直接使用万事达卡实现顺畅的‘即刷即走'轨道交通出行，从而进一步提升国际游客的消费体验。”Visa, another US-based card payment provider, said overseas tourists' spending in China saw explosive growth in the first half.另一家美国银行卡支付机构维萨（Visa）表示，今年上半年境外游客在中国的消费出现爆发式增长。The company said transaction volume of its tap-to-pay service saw rapid year-on-year growth, with Guangzhou's inbound tourist tap-to-pay transactions surging over 100 percent. In transportation scenarios, its tap-to-ride service gained widespread popularity, and around 60 percent of overseas tourists in Beijing are using Visa cards for tap-to-ride public transit, according to the company.该公司称，其“轻触支付”服务的交易量同比大幅增长，其中广州入境游客的轻触支付交易量激增逾100%。在交通出行场景中，其“轻触乘车”服务广受欢迎，目前在北京约有60%的境外游客使用Visa卡完成公共交通“轻触乘车”。inbound travelers入境游客immediate tax refund upon purchase即买即退transaction value交易额transaction/trænˈzækʃ(ə)n/Tap-and-Go / tap-to-ride / tap-to-pay即刷即走/轻触乘车/轻触支付rebates and cashback incentives返现激励rebate/ˈriːbeɪt/Incentive /ɪnˈsentɪv/consumer base消费者群体QR code payments扫码支付

Robert Huckman is a professor of business administration at Harvard Business School and a research associate at the National Bureau of Economic Research. Stephen Morrissey, the interviewer, is the Executive Managing Editor of the Journal. D.M. Cutler and R.S. Huckman. Has Corporatization Met Its Match? The Challenge of Making Money by Keeping People Healthy. N Engl J Med 2025;393:2177-2180.

A new regulation mandating the sealing of public security administrative penalty records, including those related to drug use, has sparked an intense debate on social media, with many people worrying that it may condone illegal activities and undermine social security.一项要求封存治安管理行政处罚记录（包括涉毒记录）的新规在社交媒体上引发激烈讨论，许多人担心，这可能纵容违法行为并损害社会安全。Addressing such fears, legal experts said the records will be sealed, not deleted or expunged, which in no way will condone or cover up illegal activities. Strict access restrictions already exist for sensitive industries involving minors and public safety, they added.法律专家对此回应称，这些记录将被“封存”，而非删除或抹除，这绝不会纵容或掩盖违法行为。他们补充说，涉及未成年人和公共安全的敏感行业本就有严格的准入限制。The new rule, which is part of the revised Law on Penalties for Administration of Public Security, will take effect on Jan 1, 2026.这项新规属于新版《治安管理处罚法》的一部分，将于2026年1月1日起实施。It garnered a lot of attention after a comment posted about a promotion video of the revised law by Nantong Culture and Tourism's official Douyin account went viral. The comment — "Which young master got caught using drugs?" — triggered public anxiety, with many users on social media expressing the concern that offenders may exploit the policy to "whitewash" their records.在南通文旅官方抖音账号发布的新版法律宣传视频下，一条评论迅速走红，引发了大量关注。评论写道：“是哪家少爷吸毒被抓了？”这勾起了公众焦虑，许多网友担心违法者可能利用政策来“漂白”记录。Public concern mainly focuses on four key points: whether the rule creates a backdoor to erase past offenses, weakens deterrence against drug-related crimes, endangers community safety through information blind spots, or prioritizes leniency over justice.公众的担忧主要集中在四点：新规是否会成为抹除违法记录的“后门”、是否会削弱对涉毒违法行为的威慑力、是否会因信息盲区危及社区安全、以及是否会让宽容压倒正义。Ji Ying, an associate professor of law at the University of International Business and Economics in Beijing, attributed the controversy to public misunderstanding that drug-related administrative records will be expunged, allowing unrestricted access to career opportunities.对外经济贸易大学法学院副教授冀莹表示，争议源于公众误解，以为涉毒行政记录将被完全删除，使涉毒人员可以毫无限制地获得职业机会。"This misunderstanding sparked worries about public safety and social fairness, and frustration regarding overlooked anti-drug enforcement efforts," Ji said.她说：“这种误解引发了公众对社会安全和公平正义的担忧，也造成了对禁毒执法努力被忽视的挫败感。”Noting the unique status of drug use among administrative violations, she said: "Members of the public maintain zero tolerance toward drug-related behaviors. They believe that a one-size-fits-all sealing policy will not only violate justice and fairness, but also endanger social security. Their concern reflects society's correct understanding of drug hazards and its firm pursuit of justice."她指出，吸毒在行政违法中具有特殊性：“公众对涉毒行为零容忍，他们认为一刀切的封存政策可能损害公平正义，也可能危及社会安全。他们的担忧反映了社会对毒品危害的正确认识及对正义的坚守。”Ji emphasized that China's legal system distinguishes "administrative violations" from "criminal offenses".冀莹强调，中国法律体系严格区分“行政违法”和“刑事犯罪”。Drug use is classified as an administrative offense, with a maximum penalty of 15 days' detention under the Public Security Administration Punishments Law, while trafficking, manufacturing and illegal possession of drugs are crimes.吸毒被归类为行政违法，根据《治安管理处罚法》最高可处罚拘留15日，而贩毒、制毒、非法持有毒品则属于刑事犯罪。China's current Anti-Drug Law stipulates that drug users shall be subject to public security administration penalties, and no penalty shall be imposed on drug users who voluntarily register with public security organs or receive drug rehabilitation treatment at qualified medical institutions.现行《禁毒法》规定，吸毒人员依法接受治安管理处罚；主动向公安机关登记或在合格机构接受戒毒治疗的，不予处罚。Addressing fears of information asymmetry, such as neighbors or employers being unaware of past drug users, Ji said that stringent supporting supervision measures remain in place, and the record-sealing system features differentiated and refined management.针对公众担心邻居、雇主等可能因信息不对称而不知情的问题，冀莹表示，严格的配套监管仍在实施，封存制度本身也具有分级、精细化管理特点。Law enforcement agencies maintain official records of violations, which relevant authorities may access when necessary, and entry restrictions for specific occupations remain in place for special offenses such as drug use, she said.她指出，执法机关会保留违法记录，相关部门在必要时可以调取，同时对涉毒等特殊违法行为，各类特定职业仍设有准入限制。China's multiple laws and regulations require a clean record in terms of drug use for key positions such as ride-hailing drivers, teachers and security guards.我国多部法律法规要求网约车司机、教师、保安等关键岗位必须无吸毒记录。"The sealing of records does not mean that the records don't exist anymore. ... China's legal system has been striving to strike a balance between safeguarding public safety and realizing humanized and lenient law enforcement," Ji said.冀莹表示：“封存记录并不意味着记录不存在了……中国法律体系一直在努力在保障公共安全与实现人性化、宽缓执法之间寻找平衡。”Furthermore, the country's antidrug framework combines strict enforcement with rehabilitation.此外，中国的禁毒体系兼具严格执法与戒治帮扶。An online dynamic control system, which was established in 2006, monitors drug users and offenders by accessing a database of their identity records. This system mandates regular follow-ups and random testing for individuals post-detoxification.自2006年建立的在线动态管控系统，通过身份信息数据库监测吸毒人员，对戒毒后的人员进行定期回访和随机检测。Relevant authorities also monitor narcotic and psychotropic drug circulation, forming closed-loop management through community and rehabilitation feedback.相关部门还会监测麻精药品流通情况，通过社区与康复反馈形成闭环管理。Yin Bo, a law professor at China University of Political Science and Law, said the new rule responds to real challenges, as data from the National Bureau of Statistics shows that China registered about 8 million public security cases on average annually from 2019 to 2023, many of these involving minor offenses including drug use, fighting and gambling.中国政法大学法学院教授印波表示，这项新规回应了现实挑战。国家统计局数据显示，2019—2023年期间，我国每年平均登记约800万起治安案件，其中许多属于轻微违法行为，如吸毒、斗殴和赌博。"Many individuals with a single minor public security violation record face outright disqualification at key stages of their lives, such as job applications. This is not only unfair to them, but also creates a large marginalized group in society," Yin said.他说：“许多只有一次轻微治安违法记录的人，却在求职等关键人生节点被直接淘汰。这对他们不公平，也会造成社会上庞大的边缘群体。”He noted that the new rule doesn't endorse special-group protection, but a second-chance policy. The sealed records are invisible in most routine background checks, allowing such individuals to compete fairly and transform themselves from ‘potential risks' to active social contributors, Yin added.他指出，新规不是对特殊群体的保护，而是一项“第二次机会政策”。封存后的记录在常规背景审查中不可见，这使他们能公平竞争，从“潜在风险”转变为积极的社会贡献者。Ji, from the UIBE, said that drug use is noncriminal because legislators view addicts as "patients" in need of compulsory rehabilitation, given the absence of direct victims — a stance grounded in global common practice.冀莹补充说，吸毒被视为行政违法而非犯罪，是因为立法者认为吸毒者本质上是需要强制戒治的“病人”，且其行为缺乏直接受害者——这一立场符合国际通行认知。administrative penalty行政处罚information asymmetry信息不对称drug rehabilitation戒毒治疗marginalized group边缘群体closed-loop management闭环管理

The US-China Economic and Security Review Commission has just released its 2025 annual report to Congress. The annual report's analysis and recommendations are a crucial source of information for Congress, the executive branch, and observers of US-China relations. This year's report includes 28 key recommendations for Congress.  On this episode of China Global, we have two Commissioners joining us to discuss the report, Commissioner Aaron Friedberg and Commissioner Mike Kuiken. Commissioner Friedberg is Professor of Politics and International Affairs at Princeton University and co-director of its Center for International Security Studies. He is also a non-resident senior fellow at the American Enterprise Institute, counselor to the National Bureau of Asian Research, and previously served as Vice President Dick Cheney's Deputy Assistant for National Security Affairs.Commissioner Kuiken is a Distinguished Visiting Fellow at Stanford's Hoover Institution and advisor to the Special Competitive Studies Project. He has over 20 years of experience shaping US national security policy, including 12 years on the Senate Armed Services Committee. Timestamps:[00:00] Intro[1:47] China's Role in the Axis of Autocracy[03:22] Best Response from US and Allies?[05:23] The Interlocking Innovation Flywheels Effect[07:47] Made in China 2025 Plan: 10 Years Later[10:25] Why Does Chinese Dominance Matter?  [12:39] Policy Prescriptions for the US[16:24] Lessons Learned from China Shock 1.0 and Preparing for 2.0[21:09] Bipartisan Political Will on China Policy[24:06] Taiwan as a Vital Interest to the US[28:06] Assuaging Taiwanese Doubts in Congress[30:17] Taiwan's Defense Spending Debate  

SHOW  11-18-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR 1894 "THE ANGEL OF THE REVOLUTION" THE SHOW BEGINS IN THE DOUBTS ABOUT GAZA. FIRST HOUR 9-915 Liz Peek Liz Peek discusses the "AI bubble," noting the Magnificent Seven stocks are priced to perfection amidst concerns that massive investments may not yield adequate returns, observes that although the market is "risk off" the US economy seems "okay" according to data points, and expresses alarm about New York Mayor-Elect Mamdani, a socialist without management expertise who is surrounding himself with ideologues, including Hassan Sheheryar, his transition director, who is "clearly anti-Semitic" and anti-Israel, raising significant concerns for the city.E 915-930 CONTINUED 930-945 Judy Dempsey Judy Dempsey addresses the rising costs and future decline of the global cocoa crop, linking it to transcontinental climate change caused by Amazon deforestation, criticizes the EU and NATO for reacting too slowly and lacking strategic vision concerning the Ukraine war and defense, notes European military infrastructure is inadequate for rapid deployment forcing reliance on ships instead of trains, and observes that while the Russian threat is understood by most member states, political fumbling in Germany is allowing the anti-NATO, pro-Russia AfD party to gain significant ground. 945-1000 Gregory Copley Gregory Copley discusses the US military presence off Venezuela, noting President Trump seeks a negotiated outcome with Maduro to avoid long-term intervention, covers Mohammed bin Salman's influence in the Abraham Accords and the challenge posed by Turkey-backed Hamas, analyzes the symbolic rail sabotage in Poland questioning Russian involvement, and addresses the declining viability of NATO's Article 5 and the potential for King Charles III to intervene in UK political chaos. SECOND HOUR 10-1015 Charles Burton Charles Burton discusses his book, The Beaver and the Dragon, illustrating China's fundamental untrustworthiness and statistical manipulation, which has intensified under centralized leadership, noting Canada's past cooperation with China's National Bureau of Statistics (NBS) failed as officials often falsely reported data, and despite historical deception and security risks, there is a push in Canada to increase trade with China to offset trade issues with the United States, with Burton cautioning that trusting the Chinese Communist Party has always "gone badly wrong." 1015-1030 CONTINUED. 1030-1045 Jonathan Schanzer Jonathan Schanzer discusses Crown Prince Mohammed bin Salman (MBS), calling him a deeply flawed but essential leader driving Saudi modernization and normalization with Israel, with a "pathway to a Palestinian state" as the current diplomatic objective, emphasizing that resolving the Gaza situation and achieving broader peace hinges on eliminating Hamas, while the region faces long-term challenges from Iran and Turkey, the latter complicating Israel's security operations in chaotic Syria, with the UN endorsement of the Trump 20-point plan for Gaza reconstruction considered a landmark win. 1045-1100 CONTINUED CONTINUED KING CHARLES THIRD HOUR 1100-1115 Gregory Copley Gregory Copley discusses the US military presence off Venezuela, noting President Trump seeks a negotiated outcome with Maduro to avoid long-term intervention, covers Mohammed bin Salman's influence in the Abraham Accords and the challenge posed by Turkey-backed Hamas, analyzes the symbolic rail sabotage in Poland questioning Russian involvement, and addresses the declining viability of NATO's Article 5 and the potential for King Charles III to intervene in UK political chaos. 1115-1130 CONTINUED MBS 1130-1145 CONTINUED KING CHARLES 1145-1200 CONTINUED FOURTH HOUR 12-1215 Mary Kissel Mary Kissel addresses three foreign policy dilemmas: regarding Venezuela, the US military buildup is seen as leverage to force dialogue with Maduro following a successful playbook used against North Korea; in Europe, she notes a dichotomy between committed Eastern European states and "weaker lazier" Western powers regarding support for Ukraine; and the China dilemma involves whether to treat Beijing as a legitimate trading partner or an enemy narco-terrorist state responsible for exporting fentanyl precursors, with Kissel suggesting current US policy is confused and benefits the CCP. 1215-1230 1230-1245 oseph Sternberg Joseph Sternberg analyzes the BBC political bias scandal, which is significant because the BBC is "omnipresent" and arranges the "mental furniture for British society," noting the BBC, funded largely by a mandatory license fee, faced allegations ranging from deceptive editing of President Trump's remarks to the Arabic service pushing Hamas propaganda potentially fueling anti-Semitism, while domestically discussing the UK Labour Party's dilemma over controversial immigration policies to control illegal channel crossings, a crisis that has strengthened Nigel Farage's Reform party. 1245-100 AM

Charles Burton Charles Burton discusses his book, The Beaver and the Dragon, illustrating China's fundamental untrustworthiness and statistical manipulation, which has intensified under centralized leadership, noting Canada's past cooperation with China's National Bureau of Statistics (NBS) failed as officials often falsely reported data, and despite historical deception and security risks, there is a push in Canada to increase trade with China to offset trade issues with the United States, with Burton cautioning that trusting the Chinese Communist Party has always "gone badly wrong."

Authorities say the Chinese economy continued to see steady growth in October. According to the National Bureau of Statistics, the country's value-added industrial output expanded 4.9 percent year on year last month.

Since the beginning of this year, various regions across China have begun providing financial incentives for marriage to boost the birth rate.今年以来，中国多个地区已开始提供结婚相关经济激励，以推动出生率提升。The number of first marriages in China plummeted to 9.17 million in 2024, a drop of over 60 percent from the 23.86 million peak in 2013. Marriage registrations have fallen from 13.47 million couples in 2013 to 6.11 million last year, according to the National Bureau of Statistics.国家统计局数据显示，2024年中国初婚人数骤降至917万，较2013年2386万的峰值下降超60%。婚姻登记对数也从2013年的1347万对降至去年的611万对。A patchwork of local initiatives aimed at fostering a marriage and birth-friendly social environment has emerged.各地已纷纷出台一系列地方性举措，旨在营造有利于结婚生育的社会环境。In Zhejiang, a coordinated provincial effort is underway to encourage couples to tie the knot. Since Oct 28, Ningbo has been offering newly registered couples 1,000 yuan ($140) in consumption vouchers that can be used for wedding-related expenses, such as banquets, photography, and travel. Similar vouchers are available in Hangzhou, Shaoxing's Keqiao district, and Jinhua's Pujiang county.在浙江，全省正协同发力鼓励情侣步入婚姻。自10月28日起，宁波向新登记结婚的夫妻发放1000元（约合140美元）消费券，可用于婚宴、摄影、旅游等婚庆相关支出。杭州、绍兴柯桥区、金华浦江县也推出了类似消费券政策。In Guangzhou's Baiyun district, Nanling village offers even more generous incentives. Early in 2025, the village announced rewards of up to 80,000 yuan for first marriages and up to 120,000 yuan for childbirth. It requires couples to maintain their marriage for at least one year before receiving the subsidy.广州白云区南岭村的激励力度更为丰厚。2025年初，该村宣布对初婚夫妻奖励最高8万元，生育子女奖励最高12万元。政策要求夫妻需维持婚姻关系至少一年方可领取补贴。He Jiamin, a Nanling village official, said that the policy's incentive effect is already evident, with a noticeable increase in registrations expected compared to previous years, Jiemian News reported on Tuesday.据界面新闻周二报道，南岭村村干部何佳敏(音译）表示，该政策的激励效果已初步显现，预计今年的婚姻登记数量将较往年有明显增长。Shanxi's approach is more direct. Since Jan 1, eligible newlyweds in Lyuliang can receive a 1,500 yuan cash bonus at the registration office without needing to apply.山西的做法则更为直接。自1月1日起，吕梁符合条件的新婚夫妻在登记处即可领取1500元现金补贴，无需额外申请。Beyond these marriage incentives, many regions are setting up comprehensive support systems covering marriage, childbirth, daycare, and education. Marriage registration is becoming more convenient, and support policies are extending beyond marriage to offer childcare subsidies, extend marriage leave, and more.除结婚激励外，多地正构建涵盖结婚、生育、托育、教育的全方位支持体系。婚姻登记流程不断简化，支持政策也从结婚延伸至育儿补贴、延长婚假等多个方面。Despite these efforts, experts emphasize that the structural decrease in the number of women of childbearing age presents a significant challenge.不过专家强调，育龄女性数量的结构性下降仍是一大挑战。From 2010 to 2020, the number of women aged 15 to 49 decreased by 57.49 million, while those in their prime childbearing years, aged 20 to 29, dropped by 34.63 million. This demographic shift is a key factor driving the decline in marriage registrations, suggesting that more comprehensive and systemic measures are essential to address these challenges.2010年至2020年间，中国15-49岁育龄女性减少5749万，其中20-29岁黄金生育年龄女性减少3463万。这一人口结构变化是婚姻登记数下降的关键因素，意味着需要更全面、系统性的措施来应对这些挑战。demographic/ˌdeməˈɡræfɪk/adj.人口结构的；人口统计的

There is perhaps nobody in the financial education space who knows her way around the National Bureau of Economic Research quite like Stefanie O'Connell Rodriguez. If Chapter 2 of Rich Girl Nation were sentient, it would probably sound a lot like Stefanie. Today on the show, I'm picking her brain about the current state of what she calls “the ambition penalty.” Subscribe to our Wednesday email: ⁠https://moneywithkatie.com/newsletter⁠ Get your copy of Rich Girl Nation, recently named one of Barnes & Noble's Best Business Books of 2025:⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://moneywithkatie.com/rich-girl-nation⁠⁠⁠⁠⁠⁠⁠ Transcripts, show notes, resources, and credits will be available within a week at: ⁠⁠⁠https://moneywithkatie.com/ambition-penalty. — Money with Katie's mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs. Learn more about your ad choices. Visit megaphone.fm/adchoices

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.

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.

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.

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

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.  

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 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

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

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.

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.