Podcasts about reducing poverty

Team Common is currently working on our transition to a weekly show. We'll be back this summer with new episodes. In the meantime, here's one from our archives. A study from Common Good Labs, a data science firm based out of Pittsburg, and the Brookings Institution has identified nearly 200 neighborhoods across the country that have done the seemingly impossible: Increase neighborhood wealth, without pushing out the original residents. One of those neighborhoods is Boston's very own Upham's Corner in Dorchester. Common Good Labs partner Rohit Acharya joins The Common to break down how Upham's Corner did it, and how the neighborhood can be used as a model for other communities.   Greater Boston's daily podcast where news and culture meet.

In this week's episode, BPC Senior Advisor Theresa Cardinal Brown and Associate Director Jack Malde chat with Jason Wendle, an expert in migration and labor mobility. We speak about various initiatives that Jason is involved in that facilitate migration from lower-income to higher-income countries by increasing the use of existing migratory pathways. Such initiatives can benefit those on the move, the countries that welcome them, and the countries they (often temporarily) leave behind, without the need to change immigration law.  The Migration Opportunity: https://globaldevincubator.org/initiative/the-migration-opportunity/  Labor Mobility Partnerships (LaMP): https://lampforum.org/  Malengo: https://malengo.org/  Talent Mobility Fund: https://www.talentmobility.fund/ 

On this week's Education Gadfly Show podcast, Angela Rachidi, a senior fellow at the American Enterprise Institute, joins Mike to discuss whether a reformed and refundable child tax credit can reduce poverty. Then, on the Research Minute, Amber reviews a study investigating a cost-effective high-dosage tutoring intervention.Recommended content:“How to actually triumph over poverty” —Angela Rachidi, National Review“The child tax credit: 25 years later” —Angela Rachidi, Senate Committee on Finance“Congress is about to do something amazing: agree to invest in kids” —Catherine Rampell, Washington PostKalena Cortes, Karen Kortecamp, Susanna Loeb, and Carly D. Robinson, “A Scalable Approach to High-Impact Tutoring for Young Readers: Results of a Randomized Controlled Trial,” Annenberg Institute at Brown University (January 2024).Feedback Welcome: Have ideas for improving our podcast? Send them to Daniel Buck at dbuck@fordhaminstitute.org.

Single-parent households are more common in the U.S. than in any other country. Can we afford to ignore this reality when discussing issues of poverty and economic mobility? This week, Naomi and Ian are joined by Melissa Kearney, Professor of Economics at the University of Maryland and author of the new book “The Two-Parent Privilege: How Americans Stopped Getting Married and Started Falling Behind.” Melissa makes a data-driven case for why the decline of marriage is a major driving factor of unequal outcomes for kids, particularly since children in two-parent households are more likely to achieve higher levels of education. She argues that while there are legitimate concerns about marriage in certain situations, the reluctance to acknowledge the importance of family structure by some scholars is counterproductive. Far from avoiding the subject, we should be collecting more data on family structure, along with race, income, and other highly studied factors, in order to more fully understand how to improve children's outcomes. Even further, Melissa states we must re-establish the social norm of marriage, even as we seek out evidence-based policies that encourage two-parent households. Resources• The Two-Parent Privilege | Melissa Kearney • A Driver of Inequality That Not Enough People Are Talking About | Melissa Kearney• No Culture Wars, Please, We're Academics | Naomi Schaefer Riley• The Privilege Hiding in Plain Sight | Ian RoweShow Notes• 0:00:38 | what inspired you to write this book, as an economist?• 0:06:25 | why do you think results showing the importance of two-parent families often get buried? • 0:16:10 | how do we elevate family structure as a discussion point when addressing child outcomes?• 0:20:02 | what proposals do you have for encouraging two-parent families? How skeptical are you of the solutions that have already been put forward?• 0:25:35 | is adoption a viable pathway to help build stable families?• 0:27:46 | can public dollars drive solutions for an issue that is deeply rooted in the culture?• 0:32:26 | how can your book be a catalyst for creating more unity on this issue?

Now for some good news: According to Abhijit Banerjee, a Nobel Prize winner for his work fighting poverty, extreme global poverty is “entirely solvable.” Hear what this practical visionary says about the necessity and limitations of aid, why the poor often end up with harmful healthcare, and the surprising optimism of many who are impoverished.

Earlier this month, the World Bank released its latest report on global poverty. The report stated that because of the Covid-19 led economic crisis, and the Ukraine war there has been an outright reversal in the poverty reduction across the planet. It also highlighted the fact that 80% of the people who became poor in 2020, from across the world, were from India.And even though this is alarming, it didn't surprise experts because India has historically struggled with alleviating poverty. When we spoke to Indian Express' Udit Misra, he told us that there are lessons that India can learn from China in this regard. In this episode, he joins host Shashank Bhargava to talk about these lessons, and how China managed to drastically reduce poverty.

More information can be found at www.socialchangeleaders.net ‘Pay Yourself First'  What happens when individuals and families are supported in building asset ownership?  What practices might have the biggest impact and normalize wealth building? Can saving for a sunny day help reduce poverty and build generational wealth? This is what we discussed today with Wacinque A.K. BeMende, the founder of KaizenRhino. We talk about his experience and passion for everyone understanding personal finance as well as how we can address issues of poverty by creating an investment class. Through our conversation with Wacinque you will:   Listen to Wacinque discuss how an early teacher taught him the power of compounding interest  Learn how former US enslaved troops in Nashville had a bank in 1864 that helped black troops save money for the future; a story that inspired Wacinque Hear about Wacinque's background working in the finance industry and what he learned about the value of an income producing account Understand a few foundational wealth building ideas that everyone benefits from including owning an income producing account for supplemental income Hear Wacinque share his ideas about how to help normalize wealth building with dividend stocks in order to produce supplemental income  Learn how consumers can buy stock in products they use regularly that pay dividends and help build wealth Discover how using the philosophy of ‘Build Right, Build Over Time' could shift and undo generations of poverty  Hear Wecinque explain how experience is more important than knowledge and the importance of saving for a ‘sunny' day More about WACINQUE -  Wacinque A.K. BeMende the Founder of KaizenRhino. Wacinque served 40 years in the military and volunteered with programs serving unbanked and low income families with tax preparation, financial coaching and debt reduction. He has extensive knowledge and has been an adjunct instructor in personal finance. His entrepreneurial passion that led him to design the Global Permanent Investment Account. We are talking with Wacinque about his passion for everyone understanding personal finance and how we can address issues of poverty by creating an investment class.  Asset Ownership Standard Petition http://chng.it/KQczCdfyP Email: wacinque@krsi-19.com Book: Triumph of the Optimists link  HERE

Helping people break free of poverty must come from direct community involvement. The vision of Circles USA is that everyone has enough money, meaning, and friends to thrive and the program is for any community group, government agency, or nonprofit that seeks to reduce poverty.

Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Using Subjective Well-Being to Estimate the Moral Weights of Averting Deaths and Reducing Poverty , published by MichaelPlant, JoelMcGuire, ClareDonaldson on the Effective Altruism Forum. Write a Review [Edit: 11/02/2021: changed how results were calculated in response to Aidan's comments.] [Edit: 03/09/2020: a few minor typos corrected.] Summary[1] To determine how to do good as cost-effectively as possible, it is necessary to estimate the value of bringing about different outcomes. We briefly outline the recent methods GiveWell has used to do this. We then introduce an alternative method – Well-Being Adjusted Life-Years, or ‘WELLBYs' – and use it to estimate the values of two key inputs in GiveWell's analysis: doubling consumption for one person for one year and averting the death of a child under 5 years old. On the WELLBY approach, outcomes are assessed in terms of their impact on subjective well-being – here, we use self-reported life satisfaction. Our primary aim is to show that the WELLBY approach could be used, rather than that it should be used. Our estimate of the relative value of the two outcomes should be taken as preliminary rather than definitive. We estimate the effects of doubling consumption using evidence from randomised controlled trials of cash transfers in Kenya conducted in collaboration with GiveDirectly. The total effect of the transfers is calculated by inferring an annual decay in life satisfaction. We include intra-household spillovers but exclude, due to mixed evidence, inter-household effects[2]. To account for uncertainty in our model, we input 90% subjective confidence intervals and run Monte Carlo simulations. The value of saving a life to the person whose life is saved is estimated on two philosophical views of death: deprivationism (the disvalue is the total lost life satisfaction) and the time relative interest account (TRIA) (the disvalue is total lost life satisfaction, discounted by the psychological connectedness to one's future self). In effect, deprivationism holds it's better to save 2-year-olds than 20-year-olds; TRIA the reverse. We also assess the effect of grief on family members using life satisfaction data. These estimates rely on certain (implicit) philosophical assumptions. We note how different assumptions would substantially change the results and reduce the relative value of saving lives. These issues are separate from how or whether to use WELLBYs; given different assumptions, one would simply calculate the WELLBYs differently. Our task is only to highlight the implications of (some) theories, rather than evaluate them. Our model estimates that the value ratio of averting the death of an under-5 to doubling consumption of one person for one year is 154:1 on deprivationism and 33:1 on TRIA. For reference, GiveWell currently uses a ratio of 100:1[3], based on a staff aggregate of 47:1 and an estimate of 230:1 from IDinsight's beneficiary preference survey (described in the main text).[4] We close by setting out various uncertainties with the WELLBY estimate that are tractable with further research: the effects of cash transfers over time; spillover effects (of cash transfers and of deaths); the location of the ‘neutral point' equivalent to non-existence; and the impacts assessed in terms of happiness rather than life satisfaction. Introduction There are many ways to help others. Anyone allocating resources towards this end – ranging from policy-makers disbursing government budgets to individuals giving to charity – must choose between programmes with different outcomes, such as averting deaths, alleviating poverty, enhancing education and improving mental health. Comparing the value of these outcomes is a difficult, but necessary, task if we want to use these resources to benefit others as much as possible. Much of...

Today, The Brand Called You is pleased to welcome an accomplished author and human resources professional Imon Ghosh on the podcast. Imon is the Author of Reducing Poverty to Accelerate Economic Growth. He is extremely experienced and has published a number of books and academic papers. In conversation with host Ashutosh, Imon primarily talks about his book and what led him to pick the issue of poverty as his subject. Imon, who has done his Masters in Economy, started his journey when he found out that adequate welfare measures were not being taken for the issue of poverty in the rural communities. He shares the story behind his book and the news article that enraged him into learning more about the subject. --- Support this podcast: https://anchor.fm/tbcy/support

Randy Hicks, president and chief executive officer of the Georgia Center for Opportunity, joins host Peter Lipsett to discuss what GCO is doing to address poverty in the Peach State; Matt Warner, president of Atlas Network, talks about the way his organization his helping think tanks more effectively make the case for free-market solutions to poverty; and Graham Walker, executive director of the Independent Institute, lists the unique ways his organization is tackling poverty and homelessness in the Golden State.

Poverty has various dimensions and impact on development and our community. This affect the community in many ways among which include, increase in crime rate, insecurity, youth restiveness among numerous ills that bedevil communal unity and development. While the fact remains that a key part of government roles and responsibility in any context is job creation, economic stabilization and other employment stimulating factors whereby citizens can latch on to improve their lives and livelihood. The United Nations in its Sustainable Development Goals (SDGs) pegged reduction of extreme poverty by 2030 as its number one goal. While the goal seems ambitious, many have doubted its feasibility. Consequently, 9 years to Vision 2030, the poverty rate in Nigeria keeps increasing with its attendant negative consequences across communities. The Nigerian Bureau of Statistics (NBS) captured Human Development Dimensions of poverty in Nigeria to include; Health, Education, Housing conditions among others. Some recent statistics have designated Nigeria as “poverty capital” of the world while the government have refuted this on many grounds. Statistics from Nigerian Bureau of Statistics (NBS) states that 40.1% of Nigerians live below the poverty line of 1 dollar per day. This means that over 82.9 Nigerians are considered poor by national standards. This is tied to related factors such as surging population, Education level and economic condition among others. While these may seem to be figures or percentages, how do they define/affect the ordinary Nigerian? What are the effects of poverty on our communities? What are the Metrics for determining poverty level? How reliable are these metrics vs. the realities across communities? How effective are poverty alleviation programmes of the government? what has been the effect of these poverty alleviation programmes and policies on human development across communities? what are the setbacks and way forward? These will form the basis of our discussion with Mr. Ben Chikan, a Development practitioner as well as social and economic justice advocate today.

This week, new analysis suggests that the huge amounts of money being lavished by governments won’t, on their own, lead to the rampant inflation that some now fear. What that really requires, so the theory goes, is populist policies that redistribute money from the rich to the poor. That’s our focus this week in the MoneyTalk podcast. See omnystudio.com/listener for privacy information.

We hear from people sleeping on the streets of Prince George about what would help them, and then speak to Coun. Murry Krause about plans to reduce poverty in the city.

Financial inclusion has been one of the most prominent issues on the international development agenda in recent years, as access to payments, remittances, credit, savings and insurance services have been shown to improve economic resilience and livelihoods. While bank account access remains low in many developing countries, widespread access to mobile phones is providing a platform to push financial access even into remote areas. The Covid-19 pandemic has only reinforced the importance of digital finance, which provides a safe, socially-distanced means to transact, including for distribution of social assistance transfers. In this episode, Dr Russell Toth spoke to Dr Thushara Dibley about his work on digital finance schemes and how owning a mobile phone can help lift people out of poverty in Myanmar. Russell Toth is a Senior Lecturer in the School of Economics at the University of Sydney. He is a development microeconomist, focusing on the development of the private sector in Southeast Asia and the Pacific, on topics such as financial systems, digitisation, agricultural value chains, and small and medium enterprises. His research often involves partnering with private and public sector organisations to evaluate programs intended to improve private sector development outcomes. He holds a Ph.D. in economics from Cornell University. You can follow Russell on Twitter @russell_toth. For more information or to browse additional resources, visit the Sydney Southeast Asia Centre’s website here.

Financial inclusion has been one of the most prominent issues on the international development agenda in recent years, as access to payments, remittances, credit, savings and insurance services have been shown to improve economic resilience and livelihoods. While bank account access remains low in many developing countries, widespread access to mobile phones is providing a platform to push financial access even into remote areas. The Covid-19 pandemic has only reinforced the importance of digital finance, which provides a safe, socially-distanced means to transact, including for distribution of social assistance transfers. In this episode, Dr Russell Toth spoke to Dr Thushara Dibley about his work on digital finance schemes and how owning a mobile phone can help lift people out of poverty in Myanmar. Russell Toth is a Senior Lecturer in the School of Economics at the University of Sydney. He is a development microeconomist, focusing on the development of the private sector in Southeast Asia and the Pacific, on topics such as financial systems, digitisation, agricultural value chains, and small and medium enterprises. His research often involves partnering with private and public sector organisations to evaluate programs intended to improve private sector development outcomes. He holds a Ph.D. in economics from Cornell University. You can follow Russell on Twitter @russell_toth. For more information or to browse additional resources, visit the Sydney Southeast Asia Centre's website here.

Financial inclusion has been one of the most prominent issues on the international development agenda in recent years, as access to payments, remittances, credit, savings and insurance services have been shown to improve economic resilience and livelihoods. While bank account access remains low in many developing countries, widespread access to mobile phones is providing a platform to push financial access even into remote areas. The Covid-19 pandemic has only reinforced the importance of digital finance, which provides a safe, socially-distanced means to transact, including for distribution of social assistance transfers. In this episode, Dr Russell Toth spoke to Dr Thushara Dibley about his work on digital finance schemes and how owning a mobile phone can help lift people out of poverty in Myanmar. Russell Toth is a Senior Lecturer in the School of Economics at the University of Sydney. He is a development microeconomist, focusing on the development of the private sector in Southeast Asia and the Pacific, on topics such as financial systems, digitisation, agricultural value chains, and small and medium enterprises. His research often involves partnering with private and public sector organisations to evaluate programs intended to improve private sector development outcomes. He holds a Ph.D. in economics from Cornell University. You can follow Russell on Twitter @russell_toth. For more information or to browse additional resources, visit the Sydney Southeast Asia Centre’s website here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm

Financial inclusion has been one of the most prominent issues on the international development agenda in recent years, as access to payments, remittances, credit, savings and insurance services have been shown to improve economic resilience and livelihoods. While bank account access remains low in many developing countries, widespread access to mobile phones is providing a platform to push financial access even into remote areas. The Covid-19 pandemic has only reinforced the importance of digital finance, which provides a safe, socially-distanced means to transact, including for distribution of social assistance transfers. In this episode, Dr Russell Toth spoke to Dr Thushara Dibley about his work on digital finance schemes and how owning a mobile phone can help lift people out of poverty in Myanmar. Russell Toth is a Senior Lecturer in the School of Economics at the University of Sydney. He is a development microeconomist, focusing on the development of the private sector in Southeast Asia and the Pacific, on topics such as financial systems, digitisation, agricultural value chains, and small and medium enterprises. His research often involves partnering with private and public sector organisations to evaluate programs intended to improve private sector development outcomes. He holds a Ph.D. in economics from Cornell University. You can follow Russell on Twitter @russell_toth. For more information or to browse additional resources, visit the Sydney Southeast Asia Centre’s website here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial inclusion has been one of the most prominent issues on the international development agenda in recent years, as access to payments, remittances, credit, savings and insurance services have been shown to improve economic resilience and livelihoods. While bank account access remains low in many developing countries, widespread access to mobile phones is providing a platform to push financial access even into remote areas. The Covid-19 pandemic has only reinforced the importance of digital finance, which provides a safe, socially-distanced means to transact, including for distribution of social assistance transfers. In this episode, Dr Russell Toth spoke to Dr Thushara Dibley about his work on digital finance schemes and how owning a mobile phone can help lift people out of poverty in Myanmar. Russell Toth is a Senior Lecturer in the School of Economics at the University of Sydney. He is a development microeconomist, focusing on the development of the private sector in Southeast Asia and the Pacific, on topics such as financial systems, digitisation, agricultural value chains, and small and medium enterprises. His research often involves partnering with private and public sector organisations to evaluate programs intended to improve private sector development outcomes. He holds a Ph.D. in economics from Cornell University. You can follow Russell on Twitter @russell_toth. For more information or to browse additional resources, visit the Sydney Southeast Asia Centre’s website here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm

Atlas Network's president Matt Warner sits down with Stand Together’s executive director, Evan Feinberg, to discuss the failures of the status quo, top-down remedies to poverty in the United States, and highlights the disconnect between philanthropy and poverty.

Former Anambra State Governor, Peter Obi, on Sunday said that solving the current economic crisis was more important than political permutations geared towards 2023.He made the remark during an appearance on Channels Television’s Sunday Politics.He said the 2023 elections have no impact on people’s current livelihoods, which has been put in dire circumstances by the coronavirus pandemic.He also blamed President Muhammadu Buhari’s administration for not adequately preparing the country for the impact of the pandemic.

More than 220,000 Albertans live in poverty—and that's just in Calgary and Edmonton alone. In this episode, we dive into the landscape of poverty in Alberta with economists and poverty reduction strategists Meaghon Reid, Executive Director of Vibrant Communities Calgary and Erick Ambtman, End Poverty Edmonton and what opportunities there are today to not only set out a framework for an inclusive economic recovery amid COVID-19 but eliminate poverty and build long-term shared prosperity.

In this episode, Dan sits down with Sean Cairncross, Chief Executive Officer of the Millennium Challenge Corporation (MCC). As CEO, Mr. Cairncross leads the agency and provides strategic direction and vision as MCC fulfills its mission of reducing poverty through economic growth and advancing America’s interests around the globe. Dan and Mr. Cairncross discuss the recent MCC-Cote D’Ivoire compact, the addition of regional compacts, the MCC model, and beyond. They also analyze how the MCC integrates accountability and sustainability mechanisms into their agenda and how its threshold programs lead to successful country compacts.

In this episode, Dan sits down with Sean Cairncross, Chief Executive Officer of the Millennium Challenge Corporation (MCC). As CEO, Mr. Cairncross leads the agency and provides strategic direction and vision as MCC fulfills its mission of reducing poverty through economic growth and advancing America’s interests around the globe. Dan and Mr. Cairncross discuss the recent MCC-Cote D’Ivoire compact, the addition of regional compacts, the MCC model, and beyond. They also analyze how the MCC integrates accountability and sustainability mechanisms into their agenda and how its threshold programs lead to successful country compacts.

In this episode, Dan sits down with Sean Cairncross, Chief Executive Officer of the Millennium Challenge Corporation (MCC). As CEO, Mr. Cairncross leads the agency and provides strategic direction and vision as MCC fulfills its mission of reducing poverty through economic growth and advancing America’s interests around the globe. Dan and Mr. Cairncross discuss the recent MCC-Cote D’Ivoire compact, the addition of regional compacts, the MCC model, and beyond. They also analyze how the MCC integrates accountability and sustainability mechanisms into their agenda and how its threshold programs lead to successful country compacts.

In Canada, communities lifted more than 200,000 families out of poverty in seven years. Why don’t we do what they did?

Show Credit: WERA-FM, 96.7|Show Title: There Are No Children Here https://enlightenmeonwera.com/2017/01/18/11-18-17-false-prophets-leading-no-one/ On the program, Diane Whitmore Schanzenbach, Director of the Hamilton Project and Senior Fellow at the Brookings Institution will join me. She has been studying issues related to reducing child poverty and education policy. She was a panelist at the Center on Budget Policy Priorities regarding Reducing Poverty with former Chairman of the council of Economic Advisors Jason Furman. She’ll talk about her concerns as well as steps she has examined to reduce poverty in America. Enlighten Me Wednesday 4-5p ET WERA-FM 96.7|@EnlightenMeWERA Enlighten Me is a news talk program that aims to educate and inform. From historical perspectives to modern day stories, we will focus our attention on the issues that everyone deals with — be it policy, health, education, the economy, current events and race. --- Support this podcast: https://anchor.fm/enlighten-me/support

In this episode, we have an in-depth conversation with Alive & Kicking CEO, Ben Sadler Alive & Kicking are a charity that have been running for 15years who locally source and make footballs in Ghana, Zambia and Kenya. Working in tandem with The United Nations' Sustainable Development Goals, A+K employ over 1000 staff in those 3 countries and have contributed over £4.5m to the local economies. They focus on Reducing Poverty, Encouraging good health and well-being, reduce inequalities and decent work and economic growth. In this episode we discuss 1) A+K Business model & impact 2) The Challenges they face as they look to grow 3) The impact that CSR has on the global sports ecosystem and on an economy 4) The making of sporting goods in Africa and 5) How to build long term sustainability in the market Plus much more YouTube: www.youtube.com/channel/UCyAykUAfra4uPQzfDFkgq3w Website: www.asunified.com www.aliveandkicking.org

The post E886: Samasource Founder & CEO Leila Janah is reducing poverty by training people in Africa in AI & future technologies to earn 400% more; shares her LXMI organic skincare products, the rewards & challenges of running two startups, raising VC, & the profitable art of doing more with less appeared first on This Week In Startups.

The post E886: Samasource Founder & CEO Leila Janah is reducing poverty by training people in Africa in AI & future technologies to earn 400% more; shares her LXMI organic skincare products, the rewards & challenges of running two startups, raising VC, & the profitable art of doing more with less appeared first on This Week In Startups.

Introduction – Welcome to Furious Fridays Imagine you are a child North Korea - After school (which is mostly propaganda to solidify your ruler), 10 years mandatory military service No option to accumulate anything No way to start a business No way to buy your home Never own a car, telephone, or travel overseas Constantly looking over your shoulder, similar to Soviet Russia, 1 in 10 were government informants South Korea - Whatever you want – get a degree, buy a home South Korea out produces North Korea’s economic output by 37 times - $33,400 vs $1,800 GDP per capita (that is, per person) Live 10 years longer in south, infant mortality is almost 7 times lower So, what makes them so different? Capitalism!   Let’s look at the history: Korea WW2 – Japanese colony, then split North/South with Russia and America Korean War – June 25, 1950 North invaded south with Russian aid, America stepped in, demolished north with firebombs, they surrendered North – history – state run economy – founded by Kim Jung-il’s grandfather South – History – adopted capitalist ideas Capitalism is characterized in the following ways: It is a market-based economy made up of buyers (eg. People) and sellers (eg. Companies). The goods and services that are produced are intended to make a profit, and this profit is reinvested into the economy. The market (people buying & selling) determines investments, production, distribution and decisions the forces of supply and demand There is a need for continual production and purchase for a capitalistic economy to operate efficiently.   Capitalism provides a system that create incentives and efficiencies What are incentives? – Rewards for your effort Not a zero-sum game – earn more, keep it, and use it as you want If someone can take your stuff, why bother? What capitalism provides: Inclusive system FREEDOM! - Why is it important? Allows improvement, and people to dream of betterment. Protection! - Why start a business, or take risk, if it can be taken or taxed away from you? The easier it is, the safer, the more you trust the system, and others trust you in the system, then easy! The political System - Inclusive Vs Extractive systems Needs to be Inclusive - Equality of opportunity – everyone has the same rights Inclusive - Opportunity providing Lack of interference – restrictions (regulations) Reduced barriers to entry, freedoms/opportunity - laws Non-exploitive (Extractive) – shouldn’t take from some to give to others What inclusive systems have– what incentivises should be available Property rights - keep what you own Ownership of what you own and purchase, Patents and intellectual property Legal system - protect what you have, you know deals will be honoured Contracts and Borrowing capabilities = TRUST in the system – Economy is built on confidence Public services – Well functioning state Infrastructure – Roads, transport, water, power, etc Legal system enforced All are needed simultaneously! What doesn’t work – Extractive systems – Socialism   Extraction from the productive is a race to the bottom – history repeatedly shows this. Extractive – the more it is, more people will fight over it. Dictatorships and democracy are both fought over Example - Proof – Christianity hasn’t had a major war since churches power was separated from the state. Other parts of the world where Government and Religion are one and the same aren’t as peaceful. Dictatorships – violent overthrows, for power state has. At least they are public about it, as there is little the public can do to get them out beyond another violent overthrow – rinse and repeat Democracy – trash talk about the opponents, depending on conspiracy level – shady behind the scenes like “House of Cards”. Incentives – They are the thing that makes you want to do things. Example – state run systems – ‘they pretend to pay us, so we pretend to work’ Property rights – providing people of China with property rights If profits are the purpose of capitalism, is this immoral? Capitalism is painted as heartless, but nobody wants to see the poor suffer. Those that want to provide for the poor through taking what the wealthy have, stand on a moral position of wishes….and theft Example - You bring bubble-gum to the class – you better have enough for everyone? But why? What if you worked mowing lawns as a kid to buy gum, when others in the class didn’t? Renee (shout out!) – her niece is 8, and makes shirts, and sells them to earn her money for roller skates, rather than asking her parents. Now makes and sells healthy muffins each afternoon after school. That is what kids need to learn, as she will likely be successful! Ask yourself – What is greedier – Keeping what you have earned, or demanding someone else provide for you with what they earn? Importantly, what has been proven to reduce poverty? Capitalism The more capitalism produces = more things, the more things we have, the lower prices are and easier they are to get! The more things being made, the more people need to be employed, so lower unemployment. These two together is what reduces poverty in the long term – but takes time Not as easy as the Venezuela model of reducing poverty by 50% - by stealing But no further redistributions – as all the wealth is gone What is better? One that provides lower costs for things, more welfare (as more tax to redistribute), and greater employment opportunities through freedom of opportunity? Society is a sum of all the individuals in it – If everyone is doing better, then so does society! Need for Inclusive System – Thankfully we have one of those, some extractive elements, but not enough. System that allows for individual choice, and incentives to the individual to increase their wealth. Inclusive - Equality of opportunity – everyone has access, same rights, no preferences - Property rights – Legal system - Public services Next part we will run through how to prosper in this system – if you understand demand and how to create this for yourself, or something you produce, you will increase your wealth! Thanks for listening! Head to https://financeandfury.com.au/contact/ to leave a question, or send in some feedback

Note:  The "C" segment of this episode (and the show notes) contain hilarious explicit language in order to discuss a recent development in trademark law.  You've been warned! In the preshow, we tamp down on some unwarranted liberal freakout regarding a recent White House Executive Order regarding the last few fraying strands of our social safety net. After that, we revisit three cases we told you we'd be keeping an eye on.  First, we look at the aftermath of Jane Doe v. Wright, which we first discussed in Episodes 117 and 133.  Back then, we told you about the fate of a single young woman in state custody who was denied her right to an abortion; today, we tell you about the nationwide class action that was just certified in Garza v. Hargan. Next, we revisit Kolbe v. Hogan, which we called a "landmark" case way back in Episode 47.  Find out how a federal district court judge in Massachusetts just applied Kolbe in upholding the Massachusetts ban on assault weapons and large capacity magazines. For our third revisit, we take a look at another trademark case in light of the Slants case (Matal v. Tam) that we first discussed with Simon Tam way back in Episode 33 and reported on Tam's victory before the Supreme Court in Episode 80.  The Slants's victory paved the way for disparaging and offensive trademarks, but what about garden-variety "immoral or scandalous" ones, like FUCT clothing or "Big Dick Nick" towels?  Listen and find out! Finally, we end with the answer to the fiendishly hard Thomas Takes the Bar Exam Question #71 about whether a state can discriminate against out-of-state competitors.  Don't forget to follow our Twitter feed (@Openargs) and like our Facebook Page so that you too can play along with #TTTBE! Recent Appearances None!  If you'd like to have either of us as a guest on your show, drop us an email at openarguments@gmail.com. Show Notes & Links This is Alphr's list of the "15 Best Podcasts of 2018" -- and wow, we're in some good company! You can click here to read the White House Executive Order on "Reducing Poverty in America;" we quoted from Section 5 at the end. We first discussed Jane Doe v. Wright in Episodes 117 and 133. We first told you about Kolbe v. Hogan in Episode 47; now, you can read the Massachusetts decision in Worman v. Healey.  Also, if you like briefs, you can read the petition for certiorari, the State of Maryland's opposition, and the petitioners' reply. We told you about the Slants's case back in our Episode 33 interview with Simon Tam and reported on Tam's Supreme Court win in Episode 80; today, we discuss In re Brunetti, which applies the Matal v. Tam holding to the rest of 15 U.S.C. § 1052(a). Finally, the link you've been waiting for: the Deadspin article about "Big Dick Nick." Support us on Patreon at:  patreon.com/law Follow us on Twitter:  @Openargs Facebook:  https://www.facebook.com/openargs/ Don't forget the OA Facebook Community! And email us at openarguments@gmail.com  

Vernon Oakes, host of Everything Co-op, interviews Hugh B. Price, Civil Rights Leader, Attorney, Author and Foundation Executive. Vernon and Hugh discuss his autobiography, and how the cooperative principles were interwoven throughout his family history. Hugh B. Price is a long-time civil rights leader, activist and public intellectual. As president of the National Urban League from 1994 to 2003, he launched the League's historic Campaign for African-American Achievement, spearheaded pressure on the federal government to combat police brutality and racial profiling, vigorously defended affirmative action, and helped repair frayed relations between the black and Jewish communities. He has been an editorial writer for the New York Times, senior vice president in charge of national production at WNET/Thirteen in New York City, and vice president of the Rockefeller Foundation. Recently Prince released his reflective autobiography, This African American Life (Blair, 2017). His numerous television appearances range from Meet the Press and The Newshour with Jim Lehrer to Charlie Rose and The O'Reilly Factor. Price is a fellow of the American Academy of Arts and Sciences, and a member of the American Philosophical Society. In the Fall of 2012 he taught a class at Princeton University, "Innovations in Urban Economic Development: Potential of Worker Cooperatives for Revitalizing Inner Cities and Reducing Poverty." He continues to be fascinated by how the cooperative business model is being used today.

The statistics regarding the poverty rate in Syracuse are staggering. But what is poverty? And what can be done about it? WAER’s Chris Bolt talks with some of those living in Poverty, to tackle these questions.

Most Cochrane Reviews examine the effects of healthcare interventions, but some look at other aspects of healthcare systems, such as how to help people access health services. In a new review in November 2017, a team of university researchers from Canada, Germany, India, New Zealand and the United States examine the possible role for unconditional cash transfers. One of the team, Sze Yan Liu from Weill Medical College at Cornell University in the US, tells us what they found in this podcast.

Most Cochrane Reviews examine the effects of healthcare interventions, but some look at other aspects of healthcare systems, such as how to help people access health services. In a new review in November 2017, a team of university researchers from Canada, Germany, India, New Zealand and the United States examine the possible role for unconditional cash transfers. One of the team, Sze Yan Liu from Weill Medical College at Cornell University in the US, tells us what they found in this podcast.

Today we're discussing a joint report recently published by the American Enterprise Institute and the Brookings Institution on poverty. Titled "Opportunity, Responsibility and Security: A Consensus Plan for Reducing Poverty and Restoring the American Dream," it seeks bipartisan policy solutions on the problem of poverty in the U.S. You can find the report here: http://www.brookings.edu/~/media/research/files/reports/2015/12/aei-brookings-poverty-report/full-report.pdf You can watch a video of a panel discussion on the report here: https://www.youtube.com/watch?v=bShYvQhlbQM

In Kolkata, India, the Trash2Cash initiative has developed an innovative solution to the city’s waste problem. More than 5,000 tonnes of solid waste is generated by the city every day. Dumping this waste is polluting the groundwater and emitting large amounts of methane gas. Trash2Cash is an independent community enterprise, let by people who live in the city’s slums, who are paid to collect and recycle waste. To learn how Trash2Cast creates sustainable jobs for the urban poor and reduces emissions, we spoke with Amrita Chatterjee, the project leader.

Convocation: "Creating Business Solutions for Reducing Poverty" - Loren Hostetter, MEDA