Podcasts about Richard Baum

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Latest podcast episodes about Richard Baum

Retail Sound Bites from Kantar Consulting
Episode 65: Building and investing in defensible challenger brands

Retail Sound Bites from Kantar Consulting

Play Episode Listen Later Jul 10, 2024 70:52


In episode 65 of Kantar's Retail Sound Bites, Barry Thomas, senior retail thought leader, and Rachel Dalton, head of retail insights, discuss challenger brands, mergers and acquisitions, and more with Richard Baum, managing partner of Consumer Growth Partners, Kara Posner, partner at Giannuzzi Lewendon, and Patrick McKeever, publisher of The Daily on Retail. This episode also features Kantar's principal economist, Doug Hermanson, who dives into the macroeconomic state of retail ahead of the 2024 US presidential election. Have a topic you'd like us to cover? Contact us at Kantar's Retail Sound Bites Podcast. Barry's contact information: barry.thomas@kantar.com Barry's LinkedIn Rachel's contact information: rachel.dalton@kantar.com Rachel's LinkedIn  

Anticipating The Unintended
#174 Society is a partnership of the dead, the living and the unborn*

Anticipating The Unintended

Play Episode Listen Later Jun 26, 2022 28:27


Global Policy Watch: Woe Vs RaidInsights on policy issues making news around the World - RSJOn Friday, Justice Samuel Alito along with the conservative bloc of the US Supreme Court (SCOTUS) overturned the landmark Roe v Wade judgment that had granted women a federal right to terminate a pregnancy about half a century ago. The conservative raid into the SCOTUS that started with the efforts of Bush Jr and concluded with Trump appointing three judges during his term has delivered to the great woe of the progressives. The learned judges searched for the word abortion in the Constitution. And to their surprise, they figured it just wasn't there. To quote:We hold that Roe and Casey must be overruled. The Constitution makes no reference to abortion, and no such right is implicitly protected by any constitutional provision, including the one on which the defenders of Roe and Casey now chiefly rely—the Due Process Clause of the Fourteenth Amendment. That provision has been held to guarantee some rights that are not mentioned in the Constitution, but any such right must be “deeply rooted in this Nation’s history and tradition” and “implicit in the concept of ordered liberty.”  The right to abortion does not fall within this category. Until the latter part of the 20th century, such a right was entirely unknown in American law. Indeed, when the Fourteenth Amendment was adopted, three quarters of the States made abortion a crime at all stages of pregnancy. The abortion right is also critically different from any other right that this Court has held to fall within the Fourteenth Amendment’s protection of “liberty.” Roe’s defenders characterize the abortion right as similar to the rights recognized in past decisions involving matters such as intimate sexual relations, contraception, and marriage, but abortion is fundamentally different, as both Roe and Casey acknowledged, because it destroys what those decisions called “fetal life” and what the law now before us describes as an “unborn human being.”Roe was egregiously wrong from the start. Its reasoning was exceptionally weak, and the decision has had damaging consequences. And far from bringing about a national settlement of the abortion issue, Roe and Casey have enflamed debate and deepened division.Strong stuff. But with a minor problem. I’m not sure SCOTUS has always stayed away from subjects that don’t have a reference to them in the Constitution like the learned judges have claimed. I mean I have gone through the US Constitution and the Declaration of Independence document a few times. I could have also told them they won’t find a reference to abortion there. But I didn’t find the word woman in them either. No idea how that section of the human species got all sorts of rights in the US then. Also, missing from the Constitution are references to wild house parties involving strippers, or to tomatoes, home video recording, or swats to your bottom with a paddle to name just a few of my favourite things. But these are all things on whom the Court has delivered verdicts. Read them if your life is as boring as mine: Wild house parties involving strippers. Is the tomato a fruit or vegetable? The Betamax case of using a home recording device. And the case of the Principal who delivered 20 swats with a paddle to his pupil James. The SCOTUS has opined on them all. So, you see the judges aren’t exactly being consistent with precedence here. And they are setting new dubious benchmarks. There have been numerous instances of the Court striking down past judgments to grant more rights. Not to take them away. This is a repudiation of a lot of truths that progressives take for granted. That the arc of history in the long term bends towards moral justice. Or, that gains on individual liberty that survive more than a generation become irreversible. Apparently not. So, we have the US now joining El Salvador, Poland and Nicaragua in the list of countries that have rolled back abortion rights in the last three decades. About 26 states will make abortion illegal or restrict it on the back of this judgment with immediate effect. It is all quite remarkable. Some days you try and make sense of the pitched battles on the US cultural landscape: on how to use pronouns - he, she, they, it, them, their; or the definition of woman; or cancelling J.K. Rowling because she is a TERF. The terms of such debates are so rarefied that you need a primer first to understand the language being used before you can come to the substantive issues. And while they busy themselves in an ever-splintering contest of being ‘purer’ than the other, the rug gets pulled from under their feet with a judgment that rolls back years of hard-fought wins on women’s autonomy on their bodies, individual liberty and female reproductive health and safety. Now more than half the states are readying themselves to implement it tomorrow. It reinforces my view that any ideology or “-ism” isn’t threatened by its rival but by the absolute section of its own adherents. The desire to finish off the ‘near enemy” is stronger than fighting the real one. Some day the ‘trads’ and ‘raitas’ of Indian wrong wing will also get there. It is a point I have made a few times in explaining Schmitt’s notion of an enemy being essential for a political ideology to flourish.It is not that progressive are alone in this kind of hypocrisy. The same conservatives who value the life of a foetus or of those who are ‘unborn’ don’t see any problem in defending the ‘gun culture’ that takes away more than fifty thousand lives every year. For some convoluted reasons, those lives are an acceptable cost to pay for the right to possess firearms. It is sad yet funny to an outsider looking in.  This won’t stop here. The conservative majority in the SCOTUS took decades, and a lot of good fortune, to come to fruition. They will make the most of it. Justice Clarence Thomas gave a sense of what is to come in his concurring note to this ruling:“In future cases, we should reconsider all of this court’s substantive due process precedents, including Griswold, Lawrence, and Obergefell.”Quick reminder. Griswold v Connecticut is about a married couple’s right to use contraception without state interference. Lawrence v Texas restricts the states from criminalising sodomy, and Obergefell v Hodges established the right for same-sex couples to marry in 2015. Justice Thomas might be alone now in raking these up. But something tells me that the genie is out now.For all its pretensions, ideology reduces itself to three functional truths. Find something to hate viscerally, over-extend the shadow of your ideology to all realms of a citizen’s life and protect yourself by sanctifying a core principle within the ideology that cannot be made profane. You will enjoy the fruits of power while future generations will foot the bill. We are now on an overdrive of ideology on both sides of the partisan divide.  Stepping back there are three points I want to make here about what this reversal could mean from the seemingly ineluctable path the American society was marching on since the civil rights movement of the 60s. First, the tyranny of the well-organised minority in a democracy is real. American society isn’t as divided on the issue of abortion as it was decades back. Roe v Wade didn’t ‘deepen division and enflamed debate’ as Justice Alito puts it. I went through Pew and Gallup surveys over the years on people’s attitudes towards abortion. It is safe to say anywhere between 60 - 80 per cent of Americans are against the idea of making abortion illegal. Most of the remaining too don’t hold extreme positions on this topic. Maybe there’s a 15 per cent minority of evangelicals and Catholics concentrated in certain states that hold views that have been upheld by the SC. Yet they have prevailed because single-issue voters like them matter in the Republican primaries and in winning the swing states. This is what explains Trump’s base among these groups despite his standing for everything they abhor on moral grounds. And once you establish this ‘tyranny of minority’, you can override the silent majority. Because the benefits are concentrated with them while the costs are diffused among the majority. It is not as if the founding framers of the US Constitution were unaware of this risk. Alexander Hamilton in Federalist Papers #22 (1788) had cautioned:“To give a minority a negative upon the majority (which is always the case where more than a majority is requisite to a decision), is, in its tendency, to subject the sense of the greater number to that of the lesser.If a pertinacious minority can control the opinion of a majority, respecting the best mode of conducting it, the majority, in order that something may be done, must conform to the views of the minority; and thus the sense of the smaller number will overrule that of the greater, and give a tone to the national proceedings. Hence, tedious delays; continual negotiation and intrigue; contemptible compromises of the public good.” This is the reality. The only way to deal with this is for the opponents to mobilise themselves into a single issue minority that counters this or to wait for this to splinter on its own. Neither seems possible at this time in the US. But the broader message on how a minority cause can overturn a majority consensus will not be lost on many who champion fringe causes. And this is also the reason one shouldn’t casually dismiss any voice even in India as fringe as we tend to do. Fringe swings votes and influences the social and cultural agenda of political parties. It is wise to remember that when considering the statements of Yati Narsinghanand or Nupur Sharma. Second, the concurrence note by Justice Thomas that refers to other hot-button conservative cultural causes will play out in a certain way. It is important to understand this. As he wrote:“we have a duty to “correct the error” established in those precedents …. After overruling these demonstrably erroneous decisions, the question would remain whether other constitutional provisions guarantee the myriad rights that our substantive due process cases have generated.”What Justice Thomas has done is in public policy called ‘shifting the Overton window’. What was earlier not in the realm of discussion or consideration now comes into play. The terms of reference for the cultural debate to be played out in courts have been widened with those lines. This will have an impact on the decisions made in numerous lower courts. Lives will be affected. Lastly, I come back to a point I have made before about the sanctity of Courts directing social norms in a top-down fashion as it was first done in Roe v Wade and the manner of overturning it on Friday. A bit of context will help here.The conservative preference is for any social change to be gradual. Societal change is shaped through the many eddies of debates and protests that resist the flow of the mainstream. As they gain wider acceptance, they begin changing the course of flow of social norms. This could be painstakingly slow, but it makes change acceptable and sustainable. For the conservatives, the role of the judges is to apply laws, not to create them. Going beyond this brief becomes judicial activism. So, the original conservative view was that all issues of public or social policy should be discussed and debated by the legislative and executive branches of the state that represents the society. Courts resolve disputes following the written-down law while sending back any ambiguities to the legislative arm for approval.The liberal position, as it has evolved over time, is marked with suspicion of the society reforming itself. The classical liberal approach to this problem was to accelerate the process of change in society. This was to be achieved through a combined political, social and cultural assault on the bastions of conservatism in the society. This led to the portrait of a liberal as a perpetual activist in a constant state of mobilisation to upend existing norms. The liberal belief that society must change from within was no different from the conservative stance. The difference was between the need to induce change through proactive measures and the speed of change. This need for speed eventually led the liberals to the courts.Based on the evidence it can be argued the conservatives have lost the argument. The courts are at the front and centre of social policy-making today. The many historic judgments that cleave the US society are evidence of it. The legislative arms of the state representing the society aren’t drafting these laws.But here’s the irony. The conservatives have co-opted the liberal model. With a few strokes of good fortune, the single-minded agenda of turning the US SC bench into a conservative majority has been fruitful. The peril of pushing social change into the cabins of a powerful, centralised and autonomous institution is clear to the liberals now when the shoe is on the other foot. A blunt instrument doesn’t look blunt till it is in the hands of your adversary. The path of wresting back control to society will be long and arduous. Roe v Wade verdict in 1973 was ahead of its time. It was imposed on a society where the majority weren’t onboard. It bred resentment and a counter-movement. Justice Alito’s verdict on Friday takes us back in time. It too is imposed on a society where the majority isn’t with it. The Court is either ahead or behind the times in which they live.And it is on this subject, I come to the only line that I agreed with in Justice Alito’s 213-paged judgment:It is time to heed the Constitution and return the issue of abortion to the people’s elected representatives. “The permissibility of abortion, and the limitations, upon it, are to be resolved like most important questions in our democracy: by citizens trying to persuade one another and then voting.”That’s the way it should always be. Back in 1973. In 2022. And in future.Addendum— Pranay KotasthaneI don’t follow American politics. I’m also cognizant of my ignorance of the context of the abortion debate. And so I’ll stick to three broader points of comparison between the Indian and American political systems. First, this case brings the Constitutional Immutability Dilemma into focus. The underlying reasoning of the judgment is that the American constitution makes no specific reference to a right to obtain an abortion. The cases Roe and Casey tried to link it with other rights, which the current Court did not find acceptable. As an Indian observer, one would think that the constitution should’ve been amended to insert this right expressly, but that’s where the Constitutional Immutability Dilemma kicks in — how amendable should a constitution be after all?To resolve this dilemma, India and the US pick opposite ends. Amending the American constitution requires fulfilling extraordinary conditions, and hence just 27 amendments have been made in its nearly 250-year-old history. On the other hand, amending the Indian constitution is far easier. The latter’s mutability often attracts criticism on these lines—“a document that flexible is a periodical, not a constitution”. However, I’ve always been sceptical of that view. Constitutions are neither sacred books nor indisputable words of a supernatural force. Allowing subsequent generations to alter the constitution through their elected representatives is perhaps a better equilibrium than relying on future judges’ interpretations of an inflexible constitution. Ambedkar, in fact, cited Jefferson in defence of this choice:“We may consider each generation as a distinct nation, with a right, by the will of the majority, to bind themselves, but none to bind the succeeding generation, more than the inhabitants of another country.”As this case illustrates, having rigid conditions for amendments open the door for partisan court benches to interpret the constitution as per their ideological worldviews. At the very least, I submit that a periodical is not worse than an immutable book. The working of a constitution is dependent on many factors outside the nature of the constitution itself. These lines from Ambedkar’s Constituent Assembly speech reverberate today:“..however good a Constitution may be, it is sure to turn out bad because those who are called to work it, happen to be a bad lot. However bad a Constitution may be, it may turn out to be good if those who are called to work it, happen to be a good lot. The working of a Constitution does not depend wholly upon the nature of the Constitution. The Constitution can provide only the organs of State such as the Legislature, the Executive and the Judiciary. The factors on which the working of those organs of the State depend are the people and the political parties they will set up as their instruments to carry out their wishes and their politics. Who can say how the people of India and their purposes or will they prefer revolutionary methods of achieving them?… It is, therefore, futile to pass any judgment upon the Constitution without reference to the part which the people and their parties are likely to pay.Second, every polity has its unique set of ‘sacred cows’—issues involving such deference and passion that logical arguments stand no chance. For reasons of historical path dependence, these issues over time become wicked, insurmountable problems. Guns and pro-life are two such sacred cow issues of the American polity. To an external observer, the solutions might seem absurdly simple. But to someone in the midst of it all, the issue seems intractable. India too has many such sacred cow issues, one of which is the sacred cow itself. Third, the judiciary often ends up confusing itself for the politician. These lines from the judgment are instructive: “And far from bringing about a national settlement of the abortion issue, Roe and Casey have enflamed debate and deepened division.” Why should it be a court’s problem if its judgment has led to more division? Is it a Panchayat that needs to come to a mandavali (negotiated settlement) or should it only be concerned with the Constitutional provisions? These questions keep making a frequent appearance in India. Looks like they aren’t settled yet in the US as well. Course Advertisement: Admissions for the Sept 2022 cohort of Takshashila’s Graduate Certificate in Public Policy programme are now open! Apply by 23rd July for a 10% early bird scholarship. Visit this link to apply.India Policy Watch: Pension TensionInsights on burning policy issues in India— Pranay KotasthaneThe protests against the Agnipath scheme seem to have peaked. This gives us an opportunity to step back and look at the issue dispassionately. We have already looked at the Agnipath scheme in some detail last week. This time around, I’ll focus on the underlying motivation behind this scheme: India’s defence pension bill. In the Hindustan Times, I present a short history of India’s pension bill. "Before 1965, soldiers below officer ranks were recruited through a mechanism resembling Agnipath in the sense that they served seven years of compulsory service and didn’t receive a pension on retirement. This service period was first raised in 1965 to 10 years for bulking the armed forces after the 1962 defeat. Since a pension required a minimum service of 15 years, most soldiers still didn’t qualify.In 1976, this ten-year service term increased to 17 years, meaning every soldier in normal circumstances qualified for a pension on retirement. With the welcome development of a rising life expectancy, there was also a steady increase in the number of pensioners. The combined effect of these factors was a rapid rise in the pension bill. From Rs 228 crores in FY81, the pension expenditure galloped to Rs 5923 crores by FY99.The Kargil Review Committee (1999) set off the alarm bells over the pension issue, mooting the idea of reducing the service term to 7-10 years. As an alternative, the committee also proposed an inverse lateral induction mechanism, whereby a paramilitary force recruit would be deputed to the armed forces for seven years and repatriated back to the parent organisation after that. Through this mechanism, the experienced soldiers could be retained in the national security system longer while reducing the pension bill. None of these alternatives received the political nod. Meanwhile, in 2004, the union government was able to find a long-term solution for pensioners from the civil services cadre. While continuing to pay pensions of all current employees, the government moved its incoming employees recruited after 1 Jan 2004 to the National Pension System (NPS). NPS is a “defined contribution” scheme, where the pension is paid out of a corpus the employee and the government co-create over the employment period. Over time, this move will likely make the pension bill sustainable, as the liability is not being passed on exclusively to future taxpayers. However, armed forces personnel were kept out of this reform, mainly because non-officer rank soldiers retiring after a short 15-year service would not be able to build a robust corpus, unlike their civilian counterparts who were in service for twice that period. The lost opportunity in 2004 proved to be costly. By 2014, the public discourse had shifted in the opposite direction. Rather than customise the NPS to soldiers’ requirements—which would have been an ideal long-term solution—the NDA government implemented the One Rank One Pension (OROP) scheme. By agreeing to a “defined benefit” scheme that resets periodically based on current employee compensation, the union government unthinkingly committed itself to a perpetually fast-growing liability. While the government was happy to kick the can down the road, the COVID-19 pandemic was a wake-up call. On the one hand, government finances were thrown off balance. On the other, the border stand-off with China drove home the point that defence reforms are not just essential but also urgent. The creation of the Chief of Defence Staff (CDS) position was the first step. General Bipin Rawat repeatedly drew attention to the unsustainable defence pensions. During his tenure, a few alternatives were discussed. Each available option came with its own set of implementation challenges. Out of this imperfect set, the government chose to reduce the default service term to four years, labelling it as the Agnipath scheme.In the Times of India, I try to estimate the defence pension savings arising from Agnipath:Over the long term, it has the potential to reduce the pension burden substantially. At the same time, the scheme will not directly impact the allocations for modernisation in the short term. Here’s why.Agniveers recruited today are replacing soldiers who would have retired approximately 15 years from now. The purported pension savings would start accruing only after a decade-and-half. As for the size of savings, we created a basic model from publicly available data. Our thumb rule suggests that the net present value of all future pension outflows per soldier is Rs 1 crore. The actual savings might be higher. Reports on the initial proposal by the Indian Army for a three-year Tour of Duty put the prospective lifetime savings per soldier at nearly ten times our estimate.Arriving at an accurate figure is difficult as the government does not release the split-up of total pension expenditures between officers, soldiers, and defence civilians. To get around this data hole, we assumed that the average pension of a retiring officer is 3.5 times the average pension of a retiring soldier. To calculate the total pension outflow per soldier, we assumed that a soldier receives a pension for 29 years on average, i.e. the difference between average life expectancy (69) and the retiring age of a soldier (40). Further, since pension outflows happen over several years in the future, we use the Net Present Value (NPV) method to determine the current value of all future payments. For simplicity, we assume that the pension is indexed to the discount rate. Using even this extremely conservative model suggests significant long-term gains. Allowing 75% of the Agniveers recruited this year to let go after four years alone has a net present value of approximately Rs 34500 crores.As highlighted earlier, these savings will accrue only after 15 years. But just as today’s deficits are tomorrow’s taxes, today’s reforms become tomorrow’s savings. Through Agnipath, the government can manage pension expenditures over the long term.Finally, this entire defence pension debate has three important lessons in public policy.First, secrecy is the enemy of public policy. Kelkar & Shah, in their book In Service of the Republic, identify secrecy levels as one of the barriers to building state capacity. They write that it is harder to achieve state capacity in areas closed to open feedback and criticism. The defence pension debate is a good illustration of their assessment. As a policy analyst, the sad feature of this entire debate over defence pension is the complete absence of good data. Believe it or not, the government does not release defence pension data beyond the aggregate numbers listed in the budget documents. For example, we still don’t know how this Rs 1 Trillion amount is split up between officers, non-officers, and defence civilians. In the absence of this foundational information, myths abound (We tried to tackle five common myths in ThePrint). Moreover, without good data, the policy pipeline is clean-bowled at the very first step. There are no good models or projections to inform a cost-benefit analysis. Second, is the absolute need for ex-ante fiscal projections of government plans. Seemingly innocuous changes in pension policies can have hard-to-reverse adverse effects. An institution such as an Independent Fiscal Council can help the people and politicians understand the financial consequences of such plans even before they are implemented.Finally, I liken pension reforms to six-day test matches. Reducing employees' pensions while they are in service would be an immoral breach of trust. And hence, all pension reform options can only tackle future employees. Reforms done today can at best contain the rise in spending a couple of decades later when these yet-to-be-hired employees retire. Hence, it is imperative to exercise caution on pension policies at the inception stage. HomeWorkReading and listening recommendations on public policy matters[Articles] In #171, we discussed two missing meta-institutions in India. This week, a couple of excellent articles throw light on two other missing mechanisms. KP Krishnan in Business Standard writes about the need for an independent evaluation mechanism for statutory regulatory authorities. Rajya Sabha MP Sujeet Kumar, Vedant Monger, and Vikram Vennelakanti propose a method for formalised impact assessments before and after any law/scheme get a go-ahead.[Audiobook] The late Richard Baum’s The Fall and Rise of China lectures are terrific.[Podcast] Over at Puliyabaazi, we discuss Agnipath and related issues.* Edmund Burke, Reflections on the Revolution in France, 1790 This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com

NETWise
Episode 4: Nuclear Medicine for NETs: What is PRRT?

NETWise

Play Episode Listen Later Mar 17, 2020 34:06


Treating NETs with Nuclear Medicine This episode of NETRF’s NETWise podcast discusses Peptide Receptor Radionuclide Therapy (PRRT) a targeted form of radiotherapy approved in the U.S. in 2018. Listen in as NET experts like Josh Mailman, Drs. George Fisher, Thor Halfdanarson, Ed Wolin, Richard Baum, and others explain what it is, how it works, and […] The post Episode 4: Nuclear Medicine for NETs: What is PRRT? appeared first on NETRF.

The Buy Box Experts Podcast
What Retail Will Look Like in 5 years with Richard Baum of Consumer Growth Partners

The Buy Box Experts Podcast

Play Episode Listen Later Mar 5, 2020 59:16


Richard Baum is the Managing Partner at Consumer Growth Partners (CGP), a private equity firm that specializes in helping companies with high growth potential to sell or monetize their business. Richard is a Harvard Law School graduate and he studied Economics at the University of Michigan where he graduated magna cum laude.  Prior to Consumer Growth Partners (CGP), Richard spent over 15 years as one of Wall Street's leading equity research analysts covering the specialty retailing sector at Credit Suisse First Boston, Goldman Sachs, and Sanford C. Bernstein. In this episode… Are online marketplaces starting to replace brick and mortar stores? Retailers are moving into online marketplaces at lightning speed because of the extent of their reach but for Richard Baum, while they do offer convenience, products sold in physical stores still have an upper hand in key areas of the retail market such as product quality assurance and brand equity. Richard Baum is the Managing Partner at Consumer Growth Partners and for him, selling on Amazon is a great idea but it isn't the end-all and be-all for the companies who are looking to sell their products. He also says that while big brands should consider getting into partnership deals with Amazon to protect their brand credibility, small businesses should focus on establishing their brand in Amazon's volatile retail environment. Eric Stopper sits down with Richard on this week's episode of The Buy Box Experts podcast where Richard talks about his perspective on the banning of adult product ads, what a non-Amazonable product is, why luxury items opt-out of Amazon, and what the future holds for the retail market in the next five years. Stay tuned.  

Voices of the Community
City College of San Francisco Accreditation Crisis - Part Two of Four Parts

Voices of the Community

Play Episode Listen Later Apr 27, 2019 56:18


This is Part Two of a Four-Part series focused on the Accreditation of City College of San Francisco. If you are just tuning in for this show, I would recommend that you listen to our Part One show https://simplecast.com/s/dcc421a5 to provide more context to this episode. This four-part series attempts to provide listeners with Twelve different interviews and points of view from the various Voices of City College of San Francisco and the community. In this episode, we feature the voices of: Richard Baum, Professor of Social Science at City College of San Francisco Rafael Mandelman - President of the Trustees for City College of San Francisco I want to thank City College Professor Richard Baum, and President of the Trustees Rafael Mandelman for sharing their insights and how they’re each working to find and execute solutions to address the Accreditation crisis that is facing one of the City of San Francisco community’s economic ladders out of poverty for our fellow citizens. Please rate us on iTunes or wherever you get your podcasts and share this story with your friends. Follow me on Twitter @georgekoster and please email george@georgekoster.com with questions, comments and show ideas.

BDO Private Equity PErspectives Podcast
Amazon, Wayfair and the Changing Retail Landscape

BDO Private Equity PErspectives Podcast

Play Episode Listen Later Aug 14, 2018 27:48


In the seventh episode of BDO's Private Equity PErspectives Podcast, Richard Baum of Consumer Growth Partners and Natalie Kotlyar, leader of BDO's National Retail & Consumer Products Practice, join BDO's Todd Kinney to discuss the state of the retail industry. BDO's Katherine Gauntt also shares her take on the implications of the Supreme Court's recent Wayfair decision. Tune into the full episode for a range of insights, including: How PE-backed retailers can become "un-Amazonable." How the recent Wayfair decision adds another layer of uncertainty, especially for smaller retailers that sell goods across state lines. How the overall growth of e-commerce is changing how retailers operate.

USC U.S.-China Institute Speaker Series (Audio Only)
Richard Baum - "Confessions of a Peking Tom"

USC U.S.-China Institute Speaker Series (Audio Only)

Play Episode Listen Later Feb 9, 2012 73:27


Bored with language study but fascinated by Chinese politics, in 1967 Richard Baum "borrows" a set of secret Chinese Communist Party documents that Taiwan intelligence had somehow brought to Taipei. These materials revealed the fierce struggle waged between 1962 and 1965 over the direction of the party-state's Socialist Education campaign. Through the documents, Baum shows how Mao Zedong was pushing for a focus on class struggle, while his opponents, namely Liu Shaoqi and Deng Xiaoping, were trying to keep the movement focused on rooting out official corruption. Working with another graduate student, Frederick Teiwes, Baum documented the ideological purity/effective performance battle at the center of the CCP that had eventually caused Mao to launch the Cultural Revolution in 1966. This is just one of the stories that distinguished political scientist Baum shared in an engaging presentation at USC on April 1, 2010. Discussing his just published, China Watcher: Confessions of a Peking Tom, Baum also detailed a three-decade long rivalry with Michel Oksenberg which included a pointed limerick and a verbal brawl at the profession's annual conference. The scholar also sweated through a Marine inspection of his luggage and inadvertently leaked information about the president's 1989 plan to meet China's leading dissident.

USC U.S.-China Institute Speaker Series
Richard Baum - "Confessions of a Peking Tom"

USC U.S.-China Institute Speaker Series

Play Episode Listen Later Feb 9, 2012 73:29


Bored with language study but fascinated by Chinese politics, in 1967 Richard Baum "borrows" a set of secret Chinese Communist Party documents that Taiwan intelligence had somehow brought to Taipei. These materials revealed the fierce struggle waged between 1962 and 1965 over the direction of the party-state's Socialist Education campaign. Through the documents, Baum shows how Mao Zedong was pushing for a focus on class struggle, while his opponents, namely Liu Shaoqi and Deng Xiaoping, were trying to keep the movement focused on rooting out official corruption. Working with another graduate student, Frederick Teiwes, Baum documented the ideological purity/effective performance battle at the center of the CCP that had eventually caused Mao to launch the Cultural Revolution in 1966. This is just one of the stories that distinguished political scientist Baum shared in an engaging presentation at USC on April 1, 2010. Discussing his just published, China Watcher: Confessions of a Peking Tom, Baum also detailed a three-decade long rivalry with Michel Oksenberg which included a pointed limerick and a verbal brawl at the profession's annual conference. The scholar also sweated through a Marine inspection of his luggage and inadvertently leaked information about the president's 1989 plan to meet China's leading dissident.

DogWatch Cigar Radio
DogWatch Cigar Radio #241 September 25, 2009

DogWatch Cigar Radio

Play Episode Listen Later Sep 26, 2009 117:14


Cigar of the Week - Capadura 898 Series Churchill – Bob & I discovered this cigar at IPCPR and we both fell in love with it! It has that wonderful Arapiraca Campesino’s 1st Choice wrapper from Brazil over a Dominican De Olor binder and a filler blend of 4 Piloto Cubano tobaccos from Nicaragua and the Dominican Republic. The Capadura line comes from Luba Cigar Corporation in Miami, FL. Luba Cigar Corp. has a mission of importing and distributing Artesian handcrafted cigars from small tabacaleras, who maintain consistent quality and taste by using the same tobaccos from the same fincas, and fermented by the same processors every year. Also available in Robusto, Torpedo and Jumbo sizes, Capadura cigars come packaged in wooden boxes of 25 cigars. Our Cigar of the Week selection to end the month of September is a traditional 7” x 48 ring gauge Churchill. Dale "the road warrior" is back from the Republic of Kalifornia, kudos to the Four Seasons hotel in Palo Alto for superior service! Bob finds evidence that Manuel Zelaya's return to Honduras is causing disruption again. We continue our discussion of the taste experience with cigars, delving into Spice and Heat! Based on the Tobacconist University curriculum. Dark Side Selection Marque- Ramon Allones, Frontmark, - Asia Pacific RE 2009- Celestiales Finos - 46 x 137mm (5.4"), Vitola - Britanicas (perfecto). Standard band w/ the Exclusivo Asia Pacifico 2nd band. Packaged in slb of 25 cigars, 4,000 boxes made. Ramón Allones is a pre-revolution brand introduced circa 1845. It is a Habanos Local brand with a minor market share. Comprises full strength cigars using tobacco from the premium Vuelta Abajo region. There is a non-Cuban brand with the same name. There really was a Ramon Allones who developed the brand back around 1845 and is said to be the first to employ brightly colored lithographed labels on the boxes to distinguish his brands. At the time of nationalization, the brand was owned by Cifuentes, Pego y Cia the owners of Partagas. The brand was trimmed in 2002 when 10 models were dropped. The line includes machine and hand made full bodied cigars. NY Mayor Bloomberg's continued war on tobacco - single cigar sales and bans in open air parks. What's My Band? Bob smokes an Augusto Reyes Gran Cru, Dale smokes a Romeo y Julieta. We get a nice email from Rob about the El Primer Mundo Rosado Oscuro Maduro, our Producer's Pick for the month! What Else have the DWCR guys been smokin'? Gurkha Assassin, John Hay Statesman, John Hay Anniversary Series, Fuente Hemingway Short Story, La Tradicion Cubana Special Anniversary Series Figurado. Congratulations to Mark Franks for winning the Silver Palio cutter in our Palio of the month contest! The Expedition: Esteli 2010 trip is sold out, but so many more folks want to join in - stay tuned, there may be another opportunity???? We're pleased to let Richard Baum know he is the winner of a one year subscription to the European Cigar Cult Journal! Opening theme music provided by 25 Smokin' Figurados from their album Divine Spirits, Holy Smoke. Closing theme Longboard Cowboy provided by The Surfonics.

DogWatch Cigar Radio
DogWatch CIgar Radio #215 March 27, 2009 - Litto Gomez Diaz Oriental

DogWatch Cigar Radio

Play Episode Listen Later Mar 29, 2009 93:42


Our show tonight is dedicated to Justin and all the other great Americans, who paid the ultimate price in Iraq. The Cigar of the Week is the Litto Gomez Diaz Oriental. We read & respond to some listener email - What to do with all those bands and cigar recommendations. Congratulations to Richard Baum for winning the Palio Cutter of the month! What's my Band? Bob smokes a Sancho Panza Valiente, Dale smokes a Tessa Factory Direct! On the Dark Side - Vegas Robaina Unicos USE Sept '07 and Bob talks about the myth of Cuban Cigars.. What Else have the DWCR guys been smokin'= Gurkha Triple Ligero, Trinidad T Robusto, Pinar Del Rio Sungrown, Esteban Carreras 10 Anos. This week's winner of a yearly subscription to European Cigar Cult Journal is Kerry Maelicke! Opening theme music provided by : 25 Smokin' Figurados from their album Divine Spirits, Holy Smoke Closing theme Longboard Cowboy provided by The Surfonics A very special rendition of Amazing Grace on Scottish Bagpipes and a herf line from Angry Bill.

Podcast for the UCLA Burkle Center for International Relations
Politics and Security (US-China Conf.)

Podcast for the UCLA Burkle Center for International Relations

Play Episode Listen Later Jan 31, 2009 62:17


Panel Discussion by Richard Baum, Mike Chinoy, and Donald Keyser.

Podcast for the UCLA Burkle Center for International Relations
Politics and Security (US-China Conf.)

Podcast for the UCLA Burkle Center for International Relations

Play Episode Listen Later Jan 31, 2009 62:17


Panel Discussion by Richard Baum, Mike Chinoy, and Donald Keyser.