35 Burst results for "Adam Smith"

Competitive Enterprise Institute's John Berlau on George Washington

The Doug Collins Podcast

01:54 min | 3 months ago

Competitive Enterprise Institute's John Berlau on George Washington

"And we're excited today to have John burlock here with competitive enterprise institute to talk about our first president. George Washington. But we're going to do it from a little bit different perspective today. John has a great perspective on this. He's wrote a book called George Washington entrepreneur how our founding fathers, private business pursuits changed America and the world. John, welcome to the Doug Collins podcast. Thanks, dad. Congressman Collins, so good to have so good to be on. Let's go be fun. You know, look, someone's just talked about our founding fathers today. It's amazing to me how people, you know, no matter what their educational background, you know, their throw up the founding fathers is the founding fathers were this, and I believe the founding fathers were that. There's so much mistake and everything about it. I mean, I have a pastoral background. I have a religious degree. I also have a law degree. You know, it's amazing to me how sometimes today we talk about the founding fathers as if they were all pastors. Well, they were not all pastors. You know, they were, you know, they were not all lawyers. They were just a lot of common people. But George Washington, being our first president, being the leader, a lot of myths, a lot of things growing up, a lot of truisms, but also one of the things that I think your book addresses that I want to talk about with you today is he was actually a very bright guy with me. He really was. He wasn't formally educated past the age of 13, but he, because his father died when he was 11, and he was family couldn't afford to send him to college, plus he had to take care of the family. Take care of the farm, but he both learned from people. We always ask questions and he read quite a bit. He read everything from books on agriculture from Great Britain to Adam Smith's wealth of nations, which was the first book to lay out the theories of capitalism as opposed to the mercantilism that were practicing in Great Britain. So he was a very educated, well read guy, despite the lack of formal schooling.

George Washington John Burlock Congressman Collins Competitive Enterprise Institu Doug Collins John America Great Britain Adam Smith
Entrepreneurship Is About Identifying a Need

The Dinesh D'Souza Podcast

02:10 min | 4 months ago

Entrepreneurship Is About Identifying a Need

"What is it that entrepreneurs actually do? What is it that makes entrepreneurs different from other types of people? One of the classic works on this subject, and it's kind of rare because if you go to Adam Smith, if you go to Ayn Rand, you see a defense of capitalism, a defense of entrepreneurship, but not an actual description of the lineation about the uniqueness of the entrepreneur. Now, Joseph schumpeter in his book, the entrepreneur does do this. This is why, to me, this is a very important book. And I tested by measuring it against my own kind of entrepreneurial ventures. I remember, for example, when I first concocted the idea of doing this movie on Obama, I met a guy who wrote me a check for a $100,000, but I told him it's gonna take two or two and a half $1 million to make the film and he's like, well, he was a $100,000. Go find 19 other guys to give you the same. I was like, wow. Of course I had no experience in filmmaking. I was known as a writer, a think tank guy. And so I'd go to potential investors who did have the money, but they would look at me as if what? What are you talking about? A movie? What good is that gonna do? How are you gonna get that? How are you gonna even make it? And so this is something that Trump made her talks about. He basically says that the entrepreneur comes up with an idea. And we often think that the entrepreneur needs to have a new invention, a kind of, no, yes, there are entrepreneurs who come up with new inventions and then figure out how to get them out. But ordinary entrepreneurship is you just identify a need. And the need could be very small. It could involve nothing new. It's just what schumpeter calls a new combination. And so for example, the suitcase has been around for a long time. And the wheel has been around for a long time, but roll on luggage hasn't been around for a long time. So an entrepreneur may go, listen, what if I took the wheel? What if I took the suitcase? I stuck the wheels on the suitcase, suddenly it's much easier to get around with your luggage. So something so simple and innovation not an

Joseph Schumpeter Adam Smith Ayn Rand Barack Obama Donald Trump Schumpeter
Deadly extreme weather year for US as carbon emissions soar

AP News Radio

00:47 sec | 4 months ago

Deadly extreme weather year for US as carbon emissions soar

"Twenty twenty twenty twenty one one was was a a deadly deadly extreme extreme weather weather year year in in this this country country the the United United States States staggered staggered through through its its steady steady onslaught onslaught of of deadly deadly billion billion dollar dollar weather weather and and climate climate disasters disasters in in an an extra extra hot hot twenty twenty twenty twenty one one Adam Adam Smith Smith is is a a NOAA NOAA climatologist climatologist an an economist economist twenty twenty twenty twenty one one had had twenty twenty separate separate billion billion dollar dollar weather weather and and climate climate disasters disasters they they had had the the highest highest total total death death counts counts in in a a decade decade it it also also had had the the third third highest highest total total cost cost a a hundred hundred and and forty forty five five billion billion only only behind behind twenty twenty seventeen seventeen in in two two thousand thousand five five it it wasn't wasn't a a good good year year for for the the climate climate either either as as the the nation's nation's greenhouse greenhouse gas gas emissions emissions jumped jumped six six percent percent due due to to surges surges in in coal coal and and long long haul haul trucking trucking eight eight hundred hundred pound pound gorilla gorilla in in the the room room is is of of course course climate climate change change because because that's that's excel excel reading reading all all these these trends trends I I Shelley Shelley Adler Adler

United United States States Adam Adam Smith Smith Noaa Shelley Shelley Adler Adler
"adam smith" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:50 min | 4 months ago

"adam smith" Discussed on Bloomberg Radio New York

"Than walls to protect workers that we really need In the wall and the bridge Hubbard proposes a series of private and government programs to help workers build a bridge to the future Because in the end even painful change is essential to capitalism which echoing Ken langone is the system that in the long run will do the most people the most good which works better for everybody And there's no doubt in my mind capitalism And we're delighted to join now by one of our regular contributors here in Wall Street He's Glenn Hubbard former chairman of the council economic advisers certainly of Columbia business school And most important for this purpose the author of the new book the wall and the bridge Glen thank you so much for being back with this It's a fascinating book an important book In reading through it I have the strong sense part of your motivation was you have some concerns for the future of capitalism Because to some extent inherent in capitalism is a dynamism and a creativity that can lead to some destructive qualities I think that's a 100% right data You know it's like a coin with two sides economists policy makers business people we often talk about the growth and dynamism side of capitalism that's why we're in the game It's hugely important The flip side of its disruption on many of us frankly most of us win from a lot of the disruptions I talk about in the book but not everybody And I think we have to notice those who have been left behind and figure out how do we get everybody to be able to participate in our economy not a new idea It was actually Adam Smith's idea We need to put the liberal back in neoliberalism Classical liberal that is awesome Let me ask you Glen as an economist Dynamic capitalism and inherently lead to increasing inequality I don't know about that but it's certainly needs to generate churn and disruption You know many jobs and industries that exist today didn't exist a hundred years ago That's the good news The flip side of that is that people's livelihoods communities firms and industries can be at risk That too is not a bad thing as long as we prepare people You know when Adam Smith talked about the wealth of nations he talked about competition and openness And those are good things But I think if Smith were alive today he would talk about the ability to compete in the world we have with technological change in globalization Is everybody really at the starting line I think that's the inequality that would have worried Smith and should worry us In your book there's a lot of talk about dynamism creativity innovation and how important that is For a society for growth and for the individuals in it At the same time you have a distributive notion as well called mass flourishing that you actually go back to Adam Smith and say man this was consistent with Adam Smith Talk to us about mass flourishing Well mass flourishing is more than GDP When Smith wrote the wealth of nations there was no GDP although he did talk about maximizing the size of output I also think the smith of the theory of moral sentiments where he used an expression mutual sympathy that today we might call empathy I think the right economic ideas everybody in the book everybody participating everybody flourishing into the minds of the classical economists flourishing met participating in the economy the ability to have meaningful work And I think that's really what the book is about How do you build bridges to that kind of work A bridge either takes you to somewhere or brings you back and taking you two could be preparing you for the jobs of today and tomorrow and taking you back is rethinking social insurance Do you have a way to reconnect people who fall out of the boat to the moon What if you knew for a certainty that in order to have truly mass flourishing you had to give up some of the dynamism Would you make that trade I wouldn't and that's the point of the book I think there are a number of people that I note in the book that Adam Smith would school if he were here today It suggests that you can just sort of haircut dynamism The real issue is compensating people who've been left behind We have old expressions in economics the same professor who told you that on trade is good or technological advances are good He or she also told you that's because the gainers can compensate the losers And by compensation what I talk about is not writing people check or pinching them all but investing in getting people connect preparing people for work and preparing people who got left behind That's something we used to do in the country The land grant colleges of the 19th century the GI Bill of the 20th century I suggest ways we can bring those life to life to that Go on Hubbard Thank you so very much He's the author of this terrific fascinating and really important new book The wall in the bridge of course he is from Columbia.

Adam Smith Ken langone Glenn Hubbard council economic advisers cert Hubbard Smith Glen Columbia
Former Rep. Dave Brat Talks About the Intersection of Free Market and Faith

America First with Sebastian Gorka Podcast

02:00 min | 6 months ago

Former Rep. Dave Brat Talks About the Intersection of Free Market and Faith

"Yep. Yep. By the supply curve and the demand curve are both curves that involve human beings who are both fallen. But also made the image of God. The creation story right on the gate were created as co creators with God almighty, made in God's image, just something to think about. But what that means, go YouTube that one. And so we have that creative ability to create jobs and commerce to serve our neighbors, our brothers and our sisters. The hebrews were great business folks. Then the tradition continues with Jesus and the New Testament and the outwork of that. Jesus begins with a band of 12 around him. To go out and preach the gospel to the ends of the earth and in 300 years, the Holy Roman Empire and Constantine Constantine turns emperor of the Holy Roman Empire, the Christian empire. So just shocking turnaround. And so what what people don't get is that tradition that judeo Christian tradition is responsible for our dignity as human beings. There's no other source that you can name the enlightenment project failed terribly on that. Jefferson and et cetera they could never name an alternative source for the dignity that is inherent in us. And so that is what undergirds the free market system. And then we're triply blessed with all that plus James Madison and the constitution and the rule of law and then Adam Smith and free markets, but the irony is you need the law to be a free people. And so the left gets utopian at times and they just say, you know, let's just make it up as we go marks. There's no need for God. There's no need for this rule of law. There's no need for human rights, all these ideas that exist in the air, are fake. No, they're not fake. They're responsible for the greatest civilization on earth. And it's our detriment that we lose those foundational pieces that set up the free market system that now serves us so

Constantine Constantine Youtube Jesus Jefferson James Madison Adam Smith
"adam smith" Discussed on Harvard Classics

Harvard Classics

05:26 min | 9 months ago

"adam smith" Discussed on Harvard Classics

"Part one of chapter eight of book one of the wealth of nations. This is a libra. Vox recording all libra. Vox recordings are in the public domain recording. By stephen scholar the wealth of nations by adam smith part one of chapter eight of book one of the wages of labour the produce of labor constitutes the natural recompense or wages of labor in that original state of things which precedes both the appropriation of land. Any accumulation of stock the whole produce of labor belongs to the labor. He has neither landlord nor master to share with him. Had this state continued. The wages of labour would have augmented with all those improvements in its productive powers to which the division of labor gives occasion all things would gradually have become cheaper. They would have been produced by a small quantity of labor and as the commodities produced by equal quantities of labor. Would naturally in this state of things be exchanged from one another they would have been purchased likewise with the produce of a smaller quantity but though all things would have become cheaper in reality in appearance many things might have become dear than before or have been exchanged for a greater quantity of other goods. Let us suppose. For example that in the greater part of employments the productive powers of labor had been improved tenfold or that a day's labour could produce ten times the quantity of work which it had done originally but that in a particular employment they had been improved only to double or that day's labour could produce only twice the quantity of work which it had done before in exchange in the produce of a day's labor in the greater part of employments for that of a day's labor in this particular one ten times. The original quantity of work in them would purchase only twice the original quantity in it. Any particular quantity in it therefore a pound weight for example would appear to be five times dearer than before in reality however it will be twice as cheap though it required five times the quantity of other goods to purchase it..

adam smith stephen
Should Military Members Have a Vaccine Mandate?

The Hugh Hewitt Show: Highly Concentrated

02:18 min | 10 months ago

Should Military Members Have a Vaccine Mandate?

"Now congressman. I advance the proposition in the washington. Post yesterday. The military ought to require vaccinations for the virus of every member in uniform including every government employees. Did oh the national guard. I don't know if that's come up before haski yet. But i am concerned not about the dealt or even the epsilon variant but variants down the road that might be vaccine evading and even more very lynch and target young people etc. Has that been discussed. What do you think about that mandate because the military when you were marine. I'm sure they didn't ask for your permission to give vaccines. It has been discussed by the chairman. Adam smith and i believe if memory serves he sympathetic to your argument. I'm not there yet. upset couldn't be persuaded. I just i. I certainly think the vaccine should be readily available for every active duty service member in reservists. Who wants to get it but for me to be convinced that a twenty two year old in the prime of his health needs to be mandated to get the vaccine. I've just not there right now. But it's certainly something that's being debated on the armed services committee and certainly we don't want the delta variant to sweep through the armed services find his way on an aircraft carrier a fight his way onto a destroyer and make combat ineffective the already stressed naval force. We have out there at something. We absolutely need to be on guard against. I myself am vaccinated. I think the vaccine is a remarkable technology. I think it's a remarkable accomplishment of the trump administration. That's my choice That's the choice. My wife and i made a together. We feel very comfortable and safe with the whole thing. I've done my best to promote it. But at the end of the day. I get hesitant win. For example the left suggests we need to vaccinating children in schools. I thought dr. Marty mccarey made a very persuasive argument wall street journal this week. That the data just aren't there to suggest we need to now. I know that's a different issue. Hugh than the military being the accident. I don't want complete those two arguments. But i have a little bit of hesitancy when we start to talk about mandates for the vaccine at the same time i wanted to everything possible to promote the vaccine which again i think is a technology. That's not just gonna help us now. But it's going to unlock a ton of subsequent scientific

Haski National Guard Adam Smith Lynch Armed Services Committee Washington Marty Mccarey Wall Street Journal Hugh
"adam smith" Discussed on Badass Agile

Badass Agile

03:52 min | 11 months ago

"adam smith" Discussed on Badass Agile

"I don't want to stop when you hear that. I wished that for every person listening that you understood the difference between coming home and going. This sucks a hate what i do. I used to get up. There were days when i was working for the client model before i met you get up in the morning. We like if i got hit by a car. Today i can take the day off. It was that bad. It was what could i do. That will probably really unpleasant but it would be better than going. Into a job where there's no fulfillment there's no meaning for me. So what you've done is remarkable my friend. There's there's also some really cool future conversations because one of my obsessions right now. Is building those vertical models but also building tribe is something. I have a little experience with when you talk about how to spread obsession as a cultural thing so that it can become a discipline thing like a practice. It were those would be great conversations to have with you. So i know we'll be working on some things in the future and i'd love to invite you to jump on when we do these panels or have these conversations be great to have time and please feel welcome anytime you want to come back on this. Show 'cause it's such a pleasure to chat with you and your world. I know so little about that. I'm always learning from you. And i appreciate that so much but most of all i gotta tell you. Everyone needs someone in your life. Who's truly happy for them when they're successful and i gotta tell you to see you happy. It means the world to me man. Like i just love what you've built here. How can people find you if people need some of this fractional u. x. Which i think everyone does. How can they get hold of you. What are your coordinates will post in the show notes as well. Yeah well i thank you. Chris loved working with you and Your energy is phenomenal and just changes A work environment. When you're around. So i for you to say that you're happy for me is because i'm happy means means so much to me For to to get in touch with myself. You know we're we're online at. We are tension dot com. My email addresses is adam act. We are tension dot com And send either an email or shusa drop us. Drop fire website and give us a call. I'm happy to talk about anything. I mean this is this is our is our passion so we're always open to to to have discussions and find opportunities. Were we can help. Companies create more value and more purpose in the products. That they that's awesome. And i think one of the most fun things you and i can do is meet again in the future on this format and talk about how that obsession has catapulted you forward because i truly believe that it's the difference maker so i can't wait to check you out even in a couple of months but adam. Thank you so much time. I'm so happy to see. You always happy to see you. Let's do more things together and france. Please check these guys out. If there's anyone that you hear of that is contemplating investing in proper. You don't give.

Chris Today adam one tension dot com fire france adam act obsessions
"adam smith" Discussed on Badass Agile

Badass Agile

05:24 min | 11 months ago

"adam smith" Discussed on Badass Agile

"But the reality is it's it's still rather rare. Yeah that's true. I was going to ask you about that thinking about you. Know quote unquote getting it. People who get the value of what you do versus those. Who don't are there misconceptions. Still about you x cx and product design. Are some people missing the boat by failing to take that investment seriously. Yeah so. I mean i can go all the time about not not seeing our value whether it be in any of those roles But i'm a strong believer in. It's nobody else's responsibility to to understand your value. It's your responsibility to present it display components. So i mean we can't do that you know. I can't do that for the entire industry but individuals within these rules can do that for themselves. Which will do it for the industry. But you know it's it's really a tough one. I i mean i. I've i've seen situations in the last few years where like development is more more guarded than they were even in the early two thousands. And it's it's like there's no way in and there's no way out it's really just a blackbox just hand stuff over. There's there's very little desire for communication or or discussion And it's it's it's painful to watch something that we could be building together. Just go in and come out the other side with all sorts of decisions made because they were part of the strategy or the design So it's it's it's not as it's not as far ahead as i thought we were gonna be in fact. I think we've done a little bit of a full circle in a lot of ways In terms of whether we call it agile or or wiler fragile. Whatever the situation may be you know. I think organizations are still trying to figure it out especially large organizations But you know there at the end of the day. They're still just this complete responsibility upon development team being one of the last links in the chain that that is just. It's very very difficult. But i've seen quite a lot of very protectionist behaviors happening tonight. I wish i could say it was one or two places but it just hasn't done which leads me to the point. You're saying there's no such thing as agile problems only people problems you've hinted a couple of times. You may not even realize that to go back in here. You've hinted a couple of times that it's not really the process or the structures were the The the the jargon that you use it is all about your ability to handle that tension between yourself and the client between their and your capabilities etcetera etcetera. You've mentioned it a few times that it's really the most important thing you do is add value. Yeah i have two more questions for you and the first one's kind of a bigger one. There's something unique about what you do. Because i think a lot of people can consider as we mentioned that this whole user experience thing can be expensive or be a bit of a luxury and for some companies. It's actually straight up not affordable and. I think you did something really clever to break yourself into the market. Get out there. Adding value without trying to pitch these big million dollar engagements or five million dollar engagements. Can you explain what you do. That's different than what everyone else does. Yeah so it's a very good intro. One of the things that we realized very early because it stems very much from us wanting to be as as close to the ground with startups. possibly can But you know working with early stage. Startups where who generally don't have access to experienced or or senior user experience or customer experience resourcing and don't have the funds to support that kind of a higher. We've looked at a different model and you know it's not a new model. It's been.

One tonight five million dollar two places two more questions million dollar agile one first one two thousands last few years times cx things
"adam smith" Discussed on Badass Agile

Badass Agile

06:59 min | 11 months ago

"adam smith" Discussed on Badass Agile

"Folks in the deep knowledge that they had in the. It was almost like an obsession but for money in at the time it was algorithms trading was a new thing and i remember thinking man i wanna get in. I really want to understand this better. Because i'm a big believer that. I don't have to know how to do what you do to help you do it better but at the same time it's like you almost. Oh it to your clients to get knowledgeable and versed in what they're passionate about and see where it comes from. Get under the hood a little bit. Does that have as well it does. it does. but i think there's a balancing. I think learning learning enough just enough about an industry or what. What the client trying to do these important. But at the same time the novice and a fresh set of eyes especially in what i do I would imagine it's probably not a unique benefit but To be able to come in and not be confined by the way things have always been done or or the ways that this is just how it is. I love to not have that because it gives me such an openness to to potential opportunity. I i can look at it. Something more were logically or more abstractly if you will and find different ways to solve the same problem that perhaps if i really deep and became an expert in a particular field just be applying what i learned on the last client and You know just replicating the same thing over and over and over again. And that's that doesn't feed my my obsession exactly. I heard something really important what you said there that you don't want to be bound the way we've always done things the way we expect or believe they must be done. I think when you take those fences down you can ask much better questions. This might be hard to answer quickly. But what are your favorite questions. Even if it's just one or two you can think of i mean. Obviously why is my favorite. But that's probably pretty generic. I one of the things that i really like to get at is what the purpose is And why are you. Why are you as a business doing this. Or why is it that you're offering this product or service and you often have to ask quite a few times because Depending on the age of the organization or whom you're speaking to get like the real reason like the value that this creates can get lost and even that discussion and helping clients reconnect with. Their values is tremendously rewarding and into itself But that's where you get to the meat of of what what you can bring to the table from a designer customer experience standpoint And i don't know. I mean i wouldn't say i wouldn't say that i have a set of questions i don't know i kind of feel more like a fly by cedar pants kinda guy. I liked to listen. And i like to date when there's something that sparks my interest or intrigue or or something that is potentially something. I don't really understand to sort of dive into that and just let it all sort of mix mary. I'd love to have a set of questions own. Thought it would be hard to answer. But it's almost like a mixture when you like holy triangle. When you say there's the obsession there's the ability to stretching grow and then there's the curiosity that you tested to not a specific set of questions but a general desire to listen more. Spend more time with your ears open then with your mouth open. And then when things pop up that need to be questioned. You're your fearless and courageous glass them. I think those are important characteristics especially when run your own show deal with customers and innovate for them. All the edge in the room are gonna wanna hear this question. I think how do. Cx how how do x new x integrate with agile methods of delivery. Because i know there can sometimes be a clash when we say we'll look i can't i can't just make one user persona and pick one brand color and go bill some stuff. There's some things that we gotta research and do a front so. Have you seen any approaches to that immigration. That work really well for you. Yeah so first and foremost at the earliest stage. You need to have the development team in the room As part of strategy oftentimes development is left out of those deep business and customer experience strategy conversations. Which is a tremendous loss to be honest for anyone because you can have a bunch of people sitting in a room coming up with the greatest strategies in the world that are based on wims and wishful thinking. But if you have someone who's who's there who can work work with those ideas in and speak to them in the same fashion from from a value perspective but bring that technical perspective to the table to beautiful things happen one. Your strategy gets legs. And you're you're building towards at least conceptually something that's feasible feasible and and more likely viable but the other thing is once you know the the work hits that sort of agile production stage. There's that value is built all the way from your product to your cheer. Cx to your designed to like maxim accident bright into into the development team. And it's not about it stops being about like what is the next like asset that you need to deliver to us. It's about how do we build this product and get it out the door and deliver the right value. And what i've seen is development becomes part of the conversation part of the drive to make the best types of product And it's not about them coming to a designer or you exercise asking for asset so they can continue its. I think we could do this or we need to do this. Or this is another way we can do it. And it becomes a conversation between groups of people that are trying to do the same thing and when you can get that it's magic. This is not new anyone.

one two agile first one user
"adam smith" Discussed on Badass Agile

Badass Agile

08:24 min | 11 months ago

"adam smith" Discussed on Badass Agile

"At times. So can you. Can you share what that experience was like like. How did it go down for you. Sure so i mean if we if we take it back quite a bit. Further i originally started out doing small small jobs at doing interface design and stuff in web companies and got relatively frustrated with the lack of really trying to make very high quality products and that led me to believe to go down a path to create my first company which was The reality back in ninety five. And i ran that for about eighteen years maybe nineteen and it was. It was a good run But i had my son. And i was working from home most of the time and i found it very difficult to To focus on going out and getting new business. When i hang out with a one year older two year olds so i thought about my options and decided to try the client side and to be honest to the best of my efforts. It wasn't didn't end up being a great fit. And really i think what it all boils down to for me is it's about quality and it's about purpose and it's about driving significant value in everything that we do and i. I just came to the realization when covid that this was the greatest opportunity for me to dig in and get prepared to to to launch tension. And you know i. I was fortunate enough to be able to to build majority of with with my business partner. Glenn who i've been great friends with for two decades. Yeah and together we. We originally looked at it as potentially a software as a service kind of model where we create infrastructure and processes for design and product based companies To to facilitate their operations in a remote environment. And once in the middle of mapping now. and it's like well. Why don't we want to give this away. Why don't why don't we just use this to build our own stuff because that was always in the back pocket as well. So that's how tension got started and we ran with him and it's been been a marathon ever since august last year. It sounds like you have really. I mean you've you've grown so quickly. But i want to double back before we go to further the talk about that fit because i think you said something important. It wasn't a fit during the client side work. I don't think it was a great fit is how you phrased it. Do you think that that. Lack of fit in fact when i'm going to call that tension is the the rounding of the corner the realization. The are ha moment. That should lead most people to say. Let me get out of here. I want to stop thinking and being like an employee and go do my own staff. Find my own clients. I want to own it. All the good and the bad was that was that kind of a realization for you to the best of my efforts. I you know i don't get me wrong like together with with the organizations that i've worked with did phenomenal work. What you mean. I often In the east. coast We do some really great things out there But in terms of my my satisfaction my motivation and my drive working in the fashion that we worked. It was really just not giving me the gas than i needed and got turned out but for me micra formats at work was probably not where it should have been because it was just. I didn't have that passion and now since august. It's just been a one hundred percent passion. And i believe it shows the i'm sure it does doesn't mean you sound happy and that makes me happy for you. Can i ask you a question. What the name tension that come from so a couple of things one. It's kind of an inside joke. Reference to the fact that in certain situations working with the general just can be tense. Just you know. I'm because i'm i'm i'm very very intense and i have strong opinions and i fight for what i believe and really. Don't handle office politics very well but the idea is really a comes from the understanding of the need not to have and this is about collaboration and when we look at technology or we look look at designer. We look at business or products. All of these rules need the same information in the same understanding of purpose in value and oftentimes even in a more agile format. The responsibilities are held by one group and then handed off to the other and the purpose and value often. It's diluted so when you bring all of the people together From technology from design from from product there will be tension. That tension is beautiful. Because what it allows to happen is organically. Everyone works together to build the best product and everyone is an equal partner. Doing so you know. I like to think of it. It's it's better than balance. I like to think of it as you know the tension in a sale on a sailboat. What what moves you. And it sounds corny. But these are these are the fundamental things that we believe in. It's about keeping that tension between customer desire customer need and business objectives and return on investment. And if you can keep that that line then everyone's winning. That makes sense to me. And i think it's cool. You can have your vision in your driving principles all encapsulated in a word that you have to look at every day as a reminder which is an for. I think it's neat. Would you say that you are slightly more art slightly more tech or perfect balance of the to never come out. Perfect than anything bites. I don't know. I don't i don't know if like could quantify i could i could say on one or the other you know i. I think to be a good designer. You have to understand business to be a good product designer. You have to understand the technologies that you're working with two genders to be a good user experience designer. You have to understand a handful of psychology. There's so many different things that that come into play. That i don't know i don't know if it just makes me a more wholesome you x designer Were more wholesome visual designer. But you know if you think about degrades in any of their fields. It's it's because they've abstract themselves beyond the borders of what would traditionally be put in in their in their box. You know everything interests me. So i think everything i learn and more importantly everything that i learned.

Glenn two year august last year nineteen august two decades two genders one hundred percent first company one year older about eighteen years east. coast one group ninety five double agile one
"adam smith" Discussed on Badass Agile

Badass Agile

06:10 min | 11 months ago

"adam smith" Discussed on Badass Agile

"adam smith" Discussed on Harvard Classics

Harvard Classics

05:35 min | 1 year ago

"adam smith" Discussed on Harvard Classics

"Adam smith part one of the produce of land which always afford rent as men like all other animals naturally multiply in proportion to the means of their subsistence. Food is always more or less in demand it can always purchase or command a greater or smaller quantity of labor and somebody can always be found who is willing to do something in order to obtain it. The quantity of labor indeed which can purchase is not always equal to what it could maintain if managed in the most economical manner on account of the high wages. Which are sometimes given to labor but it can always purchase such a quantity of labor as it can maintain according to the rate at which that sort of labor is commonly maintained in the neighborhood but land and almost any situation produces a greater quantity of food than what is sufficient to maintain all the labor necessary for bringing it to market in the most liberal way in which that labor is ever maintain the surplus to is always than sufficient to replace the stock which employed that labor together with its profits. Something therefore always remains for a rent to the landlord. The most desert. Moore's in norway and scotland produce some sort of pasture for cattle of which the milk and the increase are always more than sufficient not only to maintain all the labor necessary for tending them and to pay the ordinary prophet to the farmer or the owner of the herd or flock but to afford some small rent the landlord the rent increases in proportion to the goodness of the pasture. The same extent of ground not only maintains a greater number of cattle. But as they are brought within a smaller compass less labor becomes requisite to ten them and to collect their produce. The landlord gains both ways by the increase of the produce and by the demi notion of the labor which must be maintained out of it. The rent of land not only varies with its fertility. And whatever be its produce but with its situation whatever be its fragility land in the neighborhood of town gives a greater rent and land equally fertile in a distant part of the country though it may cost no more labor to cultivate the one the other it must always cost more to bring the produce of the distant land to market a greater quantity of labor therefore must be maintained out of it and the surplus from which are drawn both the prophet of the farmer and the rent the landlord must be diminished but in remote parts of the country the rate of profit as has already been shown is generally higher than in the neighborhood of a large town a smaller proportion of this diminished surplus therefore must belong to the landlord good roads canals and navigable rivers by diminishing the expensive carriage put the remote parts of the country more nearly upon a level with those in the neighborhood of the town they are upon that account the greatest of all improvements they encourage the cultivation of the remote which must always be the most extensive circle of the country. They're advantageous to the town by breaking down the monopoly of the country in its neighborhood. They are advantageous. Even to that part of the country though they introduced some rival commodities into the old market they opened many new markets to produce monopoly besides is a great enemy to good management which can never be universally established but in consequence of that free and universal competition which forces everybody to have recourse to it for the sake of self defense. It is not more than fifty years ago that some of the counties in the neighborhood of london petitioned the parliament against the extension of the turnpike roads into the.

london norway scotland Adam smith fifty years ago both both ways part one
"adam smith" Discussed on Harvard Classics

Harvard Classics

04:21 min | 1 year ago

"adam smith" Discussed on Harvard Classics

"The wealth of nations by adam smith book one of the causes of improvement and the productive powers of labor and of the order according to which produce naturally distributed among the different ranks of the people chapter one of book one of the division of labor.

adam smith The wealth of nations one book one chapter
House votes to override Trump's veto of defense bill

AP News Radio

00:59 sec | 1 year ago

House votes to override Trump's veto of defense bill

"The house easily passed a measure to override president trump's veto of a defense policy bill that yeah he said three hundred twenty two that may start AT seven two thirds bin in the apartment that the bill is passed the house is set the stage for the first veto override of the trump administration after president trump said the defense policy bill which offered pay raises to troops and authorized hundreds of billions of dollars for military projects would restrict his ability to conduct foreign policy trump also wanted to tie the bill to a demand for limits on social media companies but he says showed bias against him but house Armed Services Committee chair congressman Adam Smith it is enormously important we pass this bill says the national defense authorization act is crucial we can be done and we can be proud of what we have accomplished Senate Majority Leader Mitch McConnell is expected to call an override vote this week in the Senate as well Jackie Quinn Washington

President Trump House House Armed Services Committee BIN Adam Smith Bill Mitch Mcconnell Senate Jackie Quinn Washington
Tyson Fury looks bulky as he trains for 3rd fight with Wilder

Tha Boxing Voice

01:45 min | 1 year ago

Tyson Fury looks bulky as he trains for 3rd fight with Wilder

"Very big news. Surfacing sugarhill is the trainer of tyson fury and it seems like he posted a picture of not only tyson fury. But anthony durell guy that you know wasn't questioned during one of the tyson. Fury fights as to being part of that tyson fury team while he's now in a picture. Tyson fury a very bulky. Tyson fury very muscular tyson fury tyson fury came into the rematch with deontay wilder. At two hundred seventy four pounds and he did look a bit solve but that extra weight caused all the problems that we see in that fine. Now he's bulking up that way. Is he gonna move better. Is it going to slow him down. And he's going to get robotic as he likes to question and sees. Aj bad news for a while because he's getting stronger. What we're gonna be talking about the fact that it looks like fury's in can't four that fight. We know johnny nelson adam smith and a few others have been letting the cat out the bag that they feel that. This fight is going to happen. That fury has let it out he will be signing those contracts so looking like wow. The fury threes imminent. Fury's already in training camp in miami. And i'm just saying he looks bulky is hell.

Anthony Durell Tyson Deontay Wilder Johnny Nelson AJ Adam Smith Fury Miami
Biden introduces his choice for defense secretary, Lloyd Austin

WTOP 24 Hour News

01:47 min | 1 year ago

Biden introduces his choice for defense secretary, Lloyd Austin

"President elect Joe Biden once retired general Lloyd Austin to be his defense secretary, not A post he sought. I sought him. Austin would be the first African American to serve in the position. But could his nomination face some trouble in the Senate and joining us live from Capitol Hill? Double d. T. O p. S Mitchell Miller. Mitch General Austin is very well respected. So why are there questions about whether the Senate would confirm it? Well, Shawn and Hillary. It goes back to the history of the defense secretary being in a civilian position, and the so called seven year rule that if a military officer is tapped for that position, they need to have been retired from the military for at least that long. Austin retired four years ago after a distinguished military career of more than 40 years and included a major command in Iraq. Tenure is the head of the U. S. Central Command. But several lawmakers say it's important to maintain a civilian in that position. The ranking Democrat on the Senate Armed Services Committee, Rhode Island Jack Reed had given in on a waiver for General James Mattis under President. Trump said he wouldn't support one in the future. He is now wrestling with this. Others have said they'll oppose the waiver, including senators Elizabeth Warren Richard Blumenthal, who's on the Armed Services Committee and Jon Tester of Montana. But if the House and the Senate grant a waiver, which they both have to do, he'll likely still have plenty of votes to be confirmed. Hey, Mitch, who are the other potential candidates? Lawmakers might have preferred to Austin. Well, one of them would have been the first woman to serve as defense secretary Michelle Florida who's held various positions at the Pentagon and is very well respected. The House Armed Services Committee chair Adam Smith made it clear she was his first choice. Another candidate who had been talked about a lot was former Homeland Security Secretary Jay Johnson. But Biden is said to be very comfortable with Austin as his

Lloyd Austin Mitchell Miller Mitch General Austin Senate U. S. Central Command Joe Biden Senate Armed Services Committe James Mattis Capitol Hill Elizabeth Warren Richard Blume Austin Shawn Jack Reed Hillary Jon Tester Rhode Island
Congress advances defense bill, bucking Trump's veto threats

Heartland Newsfeed Radio Network

00:38 sec | 1 year ago

Congress advances defense bill, bucking Trump's veto threats

"Congress is moving forward with the defense bill. Despite a veto threat from president trump president trump makes good on his veto threat of the national defense authorization. Act in house armed services committee chairman democrat adam. Smith says lawmakers will have no choice but to come back in the session and vote to override the veto. The bipartisan measure is expected to win house and senate approval this week. It provides for pay raises for troops and a slew of military projects. President trump says. He'll veto the bill. If it does not include a provision to repeal protections for tech firms and social media companies either. The house nor senate adopted that prevision and are unlikely to add it before a

Trump President Trump House Armed Services Committee Congress Adam Smith Senate Donald Trump House
Trump fires Secretary of Defense Mark Esper

Afternoon News with Tom Glasgow and Elisa Jaffe

00:22 sec | 1 year ago

Trump fires Secretary of Defense Mark Esper

"President from Fire Defense Secretary Mark Esper yesterday. Now, Washington Democratic Congressman Adam Smith tells MSNBC. He objects this is incredibly destructive act by the president. There's no point in this minutes like 70 days left in the Trump Administration. Smith is the chair of the House Armed Services Committee. There are reports, Trump and Esper disagreed frequently and that led to the move.

Fire Defense Secretary Mark Es Adam Smith Trump Administration Msnbc Washington House Armed Services Committee Smith Esper Donald Trump
"adam smith" Discussed on Harvard Classics

Harvard Classics

03:23 min | 1 year ago

"adam smith" Discussed on Harvard Classics

"Introductory Note. Adam Smith political economist and moral philosopher was born and kirkcaldy Scotland June fifth seventeen, twenty, three, his father, a lawyer and customs official died before the birth of his son who was brought up through a delicate childhood by his mother at fourteen, he was sent to the University of Glasgow where he came under the influence of Francis Hutcheson and in seventeen forty, he went up to Oxford. Exhibition at failure college remaining there till seventeen, forty, six after leaving Oxford he gave lectures upon English literature and Economics and in Seventeen fifty one became professor of logic and in seventeen fifty, two of moral philosophy at Glasgow the reputation one by his lectures was increased by the publication in seventeen fifty nine of his theory of moral sentiments. One result of which was his appointment as travelling tutor to the third Duke of clue in this capacity, he spent nearly three years in France and made the acquaintance of. Many of the intellectual leaders of that country returning to Britain in the end of seventeen, sixty six, he lived chiefly and Kircaldy in London working upon his wealth of nations which was finally published in seventeen seventy six it met with immediate success and in a few years had taken authoritative place with both philosophers and men of affairs. In the following year Smith was appointed a commissioner of Customs and took a house in Edinburgh was he lived quietly and at ease till his death on July seventeenth seventeen ninety. Political economy had been studied long before Adam Smith but the wealth of nations may be said to constitute for the first time as a separate science. The work was based upon a vast historical knowledge and its principles were worked out with remarkable sanity as well as ingenuity and skillfully illuminated by apt illustrations in spite of more than a century of speculation criticism and the amassing of new facts and fresh. The work still stands as the best all-round statement and Defense of some of the fundamental principles of the science of Economics. The most notable feature of the teaching of the wealth of nations from the point of view of its divergence from previous economic thought as well as of its subsequent influence is the statement of the doctrine of Natural Liberty Smith believed that man self interest is God's Providence and held that if government abstained from interfering with free competition, industrial problems would work themselves out and the practical maximum of efficiency would be reached. This same doctrine was applied to international relations and Smith's working out of it. Here is the classical statement of the argument for Free Trade. In its original form, the book contained a considerable number of digressions and illustrations which the progress of knowledge and of industrial civilization have shown to be inaccurate or useless, and of these, the present edition has been unburdened this process while greatly increasing the interest and readable news of the book has left intact Smith's main argument, which is here offered to the reader as admittedly the best foundation for the study of political, economy..

Adam Smith Francis Hutcheson Oxford University of Glasgow science of Economics Glasgow France Scotland official Britain professor London commissioner Edinburgh
"adam smith" Discussed on Harvard Classics

Harvard Classics

04:33 min | 1 year ago

"adam smith" Discussed on Harvard Classics

"It is not altogether so clear and evident. It was not understood at their first establishment and was not the motive, either of that establishment or of the discoveries which gave occasion to it, and the nature extent and limits of that utility are not perhaps well understood at this day. The Venetians during the fourteenth and fifteenth centuries carried on a very advantageous commerce in Sary's and other east India guns which they distributed among the other nations of Europe. They purchase them chiefly in Egypt at that time under the dominion of the Mamelukes, the enemies of the Turks of whom the Venetians were, the enemies and this union of interest assisted by the money of Venice formed such a connection as gave the Venetians almost a monopoly of the trade. The great prophets of the Venetians tempted the avidity of the Portuguese. They had been endeavouring during the course of the Fifteenth Century to find out by C. Away to the countries from which the Moore's brought them ivory and gold dust across the desert. They discovered the Madeira. Canaries the as yours the Cape Divert islands the coast of Guinea that of Lonzo Congo Angola and Benguela, and finally the Cape of good. Hope. They had long wished to share and the profitable traffic of the Venetians and this last discovery open to them a probable prospect of doing so. In Fourteen Ninety Seven Vasco da Gama sail from the port of has been with a fleet of four ships and after a navigation of eleven months arrived upon the coast of India Stan and thus completed a course of discoveries which had been pursued with great steadiness and with very little interruption for near a century together. Some years before this while the expectations of European. Suspense about the projects of the Portuguese of which the success appeared yet to be doubtful a genuine pilot form the yet more daring project of sailing to the East indies by the West. The situation of those countries was at that time very imperfectly known in Europe. The few European travelers who had been there had magnified the distance perhaps through simplicity in ignorance what was really very great appearing almost infinite to those who could not measure it or perhaps in order to increase somewhat more the marvelous of their own adventures in visiting region. So immensely remote from Europe. The longer the way was by the East Columbus very justly concluded, the shorter would be by the West..

Europe India Cape Divert islands East Columbus East indies Lonzo Congo Angola Egypt Venice Sary Benguela Moore Stan Guinea
The Trump 'clown-iverse' continues

Between The Lines

09:55 min | 1 year ago

The Trump 'clown-iverse' continues

"Another crazy waken US politics. Remember this. Now back they sure you. In fact, let people know Senator I'm not going to answer the question. Because the question. Just as radical left would you out Mason who is on your list? Not. Surprisingly, the media responds to the debate especially Donald Trump's plan rudeness it was overwhelmingly hostile wasn't it? Couple of days later, trump was diagnosed with code. After mixed messages about health trump got in a car and run around waving to supporters. Then he was released from hospital he returned to the White House and he went on one of those twitter rants among other things. He told the American people not covid even though he's doctor has said, he may not entirely be out of the woods yet. So, what does all this main awake after the debate and only weeks before the US presidential election and what does it mean for America's image in the world? For answers. Let's turn to a leading. American Common Taito a conservative who says he's quite sick of living in what he calls Donald Trump's clown verse or drama drivers over believers or I can't believe these guys actually the president. Verse. Brad. Stevens is a columnist with the New York. Times, and formally with the Wall Street Journal, where he won a Pulitzer Prize for opinion writing I should just warn you all that he comes to us via a scratchy on in Manhattan. Bread. Welcome back to the Shire. Back Be Sydney. Well, the rate is of the New York Times I can't wait to see the end of trump you yourself are prominent never trump you your New York Times columnist this week you say you was trump will give us just a few reasons why I wish a speedy recovery. I think to wish ill. To reduced to his level on that, of course, it's been. Core of the trump EST project which has been to based political norms and diminish moral standards. So why would I wanNA join trump along along that road a bit for more narrowly political reasons. I. Wish it well, because God forbid he were to die before the election, he would go down so to speak a undefeated. And what I hope is that a resounding electoral defeat in November and I'm speaking of the conservative. will put an end not only to the trump presidency, but she trumpism as a an ideological force. In American politics. Now. You rauch trump. The man needs to leave and lose because it's the only way the trump cult might die it unsubscribe to the cult trump obviously. Is that why you among that never trump was. Are exerting very little influence on the political right in America these days. You know I I hear that and. I was struck by the disconnect between my supposed- irrelevance and irrelevance might never trump fellow travelers. And the fact that the president. Describing us as human scum the conservative press keeps denouncing us if we're really quite so irrelevant, you think they want to go so much energy. Truth. Election that is probably going to turn on a small number of a relatively small number of voters in swing states, and so I think we're not quite so relevant have some people allege and stressed that never trump is include many prominent conservatives lock yourself William Kristol George Will Max Booed David. Brooks. David. From and Applebaum. Jennifer from there among others. But you see your critics would respond inside the Elat media consensus with there on the left or the never trump conservatives they've been consistently against trump wrought from that said. And Nights. I haven't you guys foul to understand what got America trump and indeed Britain brexit in the first place. You know. I'm not quite sure I agree with the analysis. Is and came about in part because there was unquestionably failure of the mainstream conservative establishment, which I guess I was park in recognizing some of the populous tides in American politics. I think it candidate for a much more specifically than which was a luxury crisis. In Europe, but went unchecked help create brexit brexit had knock on effects in the United States. As well, and and I would add a larger point com, which did you those who are listening here are left in any healthy democracy need a mortally healthy a conservative movement. There's no democracy that doesn't have a conservative side of politics. and. So even our adversaries are opponents politically should want us to succeed want a conservative movement that is optimistic that is inclusive that is in favor of growth, and that favors the open society and the free world. That's the way I can feel, okay my politics, they remained unchanged from the days before trump and hopefully will remain unchanged. Have said analysis requires us to listen attentively to individual voters tell us about your subject to Chris you right about her and you'll recent York Times call him. She's a registered Democrat and a trump voting lesbian store manager from Manhattan, and she fits none of the cultural demographic stereotypes of the trump by Brett tell us about Chris. Chris is a woman who is well educated. Well traveled and as you mention, she is She's gay and she the trump supporter and I one of the things that I I occasionally will be with my column in The New York Times. Is. Essentially. handed over not not fully. But at least partially handed over to Voice of that I think the predominantly liberal leadership of the Times. Need to could here because What she observed is that at least until the pandemic, her savings accounts or pension or private pension account for the United States a call four one ks. Arising smart. The economy was doing better in her view than it had been under Obama and that that's the counted for voters like her as opposed to you know questions about the president's mannerisms or read myths or his coarseness on the world stage and I wrote it Tom for the simple reason that Hillary Clinton would it become president? Her supporters hadn't been so convinced. That it was only a bunch of rednecks Yak. In the middle of the country, we're going to the trump. He is indeed and make the point. She's not an outlaw. She's a red voter in a blue state. My guest is Brit Stevens he's an award winning columnist with the New York Times. And we're talking about. Well, let's be frank. The crazy times in American politics. Let's turn to the debate bridge sixty years ago October nineteen sixty. The World Watch the Kenji Nixon debates we were too young. We went even. We weren't even born. To civilized will informed holly. Intelligent. Courteous Navy combat veterans are both in their forties. And yet six decades later. The world's being shocked and horrified. By the time of the first presidential debate these to all men engaging in A. An angry angry exchange is the best the both major parties can offer the American people sixty how's it come to these? You know when I was when my wife I ever watched, my wife has his permanent immigrants United States actually came a citizen. BECCA very. And I have to turn to her engine apologize for bringing her country because it was mortifying fortunately, the United States is a lot more than its leader. But debasement of politics has been long the making and it's one of many reasons why I just can't accept trump as president even though can time-to-time agreeing with his policies because he is he has brought the state about politics shoot a level that. Be chargeable to describe it as over Banana Republic and and you know onto. The Kennedy Nixon debates that I am are well enough to follow up one of the great issues that debate. The status of key Moi in Matsue, he's a little time with his island off the coast of mainland. Just unimaginable that piece to standard standard-bearers would have that kind of exchange although I. Walked by what Action Nowhere Chemo in that. So actually are. Yes you said that Donald Trump in that debate was channeling Alec Baldwin Channeling Donald Trump and yet he was holy himself. I get all that but is a more wrong with America than Donald, trump, Brad Stevens yet they're into lot more. You know I think Adam Smith Donald trump is a symptom of of some of that ruined but in seeking to an Australian audience I think it's worth remembering and reminding this audience that there could. Be Fixed his right in America

Donald Trump United States President Trump America The New York Times Manhattan Brad Stevens Brit Stevens Chris Senator Mason Pulitzer Prize Matsue Banana Republic Wall Street Journal William Kristol Twitter Shire
9 Dumb Financial Decisions Most People Make

The Money Guy Show

06:36 min | 1 year ago

9 Dumb Financial Decisions Most People Make

"Brian, I'm so excited about this show because we're going to basically do a deep dive into behavioral finance into behavioral economics because a lot of what we cover are like it's blocking and tackling it's XS and os when it comes to financial decision making. But a lot of what we do when we make financial decisions has more to do with the behavior than academic nature of and that's kind of what we're going to go through what I'm hoping everybody who watches doesn't treat this as a coping mechanism. Oh, that's why I'm like that is because it's baked into the recipe. No, this is supposed to. Be something where you learn to spot what's going on because this is baked into the recipe, but there is a way for you to kind of master move beyond and figure out how you can harness the power of some of these things that are just influences that can drive your your your actions and your behavior. Absolutely. So there's two books that kind of influence show and and a lot of ways bow claims he has not read this book, but I it because everytime I when I was doing the Chris Voss book, they'll never split the difference. He's an FBI guy who was a negotiator and Use a lot of these tactics. Here's the thing. So back in the day, we'll talk a lot about back in the day you and I shared inaudible account well, frankly tightwad and you had good taste and books. This was in your but I never read this. I'm not I'm not familiar 'cause it always listening to it. I was like. That son of a gun, bow this is I can totally see when he's tried to use this on me but it just to tell you what Chris explains is that the FBI reconized after Waco Texas you know did not go well, they need to throw the book out on how they were handling hostage negotiations and other things like that. He goes into all the different behavioral components and here's what. was. What I am saying is that while our decisions may be largely irrational that doesn't mean there aren't consistent patterns, principles and rules behind how we act and once you know these mental patterns, you start to see ways to influence them. So I think the takeaway there is that human beings always act in a rational manner. We're not completely rational beings that this is a black decision this decision, this is the right decision. This is the wrong decision that's not the way that we always behave even though it seems like perhaps that. Should be the way we behave in. Syria, we should be rational functioning beings, but it just doesn't work that way and that led to you know there's the misbehaving book by Richard Thaler, which is the making of behavioral economics. Now, what's funny is if you go watch any of the interviews, Richards very quick to tell you hey I'm not the first person up with behavioral, economics actually Adam Smith, which anybody who follows me matter of fact we had a content meeting and I was because I had to give. Rabia. Whole educate low. Is huge to me I. Go last year I can remember my daughter. When she's doing her social studies when I found that they were studying. Adam Smith it made me so happy because Russia's the timing of when wealth of nations was published in the seventeen hundreds with the birth of America I don't think it's a coincidence. So there's a lot of things in in Adam Smith when he talks when he in a lot. of his writings including wealth of nations he does talk about overconfidence he does talk about loss aversion self control. So I thought it was cool that Richard gave them a shout out. But if you go deeper, Richard is going to give you examples of things that are happening. Everybody's life that are definitely influenced by behavioral economics and I think it's realistic that. We all think about money irrational even if we can be the most educated most well informed, we all approach it in somewhat of irrational manner. So. Let's jump into this I, want to set the stage for you guys. So you'll know I'm a big Disney Fan. Kind of missing going to the Disney parks because we were supposed to have done that in the spring we're going out to Disneyland and one of my favorite things when you're at Disney well I thought would be one of my favorite things a mirage. Was You get hungry and you're walking through the parking catch a whiff. Oh my gosh. That is the best smelling food that I could put my mouth and it's a Walt Disneyworld. Turkey like now. These things looked glorious. They're huge. They're scrumptious looking, but then you buy these things. And unfortunately to me, the taste is not match the smell because to me it was a very gristle field. Super Sodium filled I mean it was just not everything I thought the smell would give. But here's the thing when you pay twelve dollars and fifty cents for a Turkey leg. You eat that thing you you. You don't even if you're not enjoying it, you get it down because you got to recoup the cost of what you've dumped into that Turkey legs. So there is a behavioral finance concept that describes and so what we're GonNa do is win some stores reliable. Some examples for you guys today in the Chad if you're handle is live go and start throwing them out there. If you think you can guess watch behavioral finance concepts we're talking about thawed out there. So you just said you go to Disney you smell the Turkey leg us pay at twelve fifty, you start gnawing on it you get like three or four bytes in. Everything you thought it was, but you say, you know what I'm going to finish it. I'm going to keep eating this thing right? Isn't that what you say what I think is interest. If you do research as a whole thing about the disneyworld Turkey legs, there are bloggers who talked about you should share this with somebody. Now we're in a covert air now or that just seems ridiculous but I will tell you even pre covert I would no more wanNA share a Turkey leg. Been married twenty two years still not share. Yeah. Turkey legs. Back, in twenty eleven last time you and I went to Disney together. I don't remember US walking down shared a talked. So what is the personal finance concept that represents? A sunk cost fallacy. Here's the thing is. There's no reason if you've already dumped the money into this and you realize is just not as good as you thought, it was going to be you don't have to justify the action by continuing to consume it but guess what you will because somehow we feel like it's okay. It's the same thing if you went to a horrible concert or it's raining outside, you know in on the night of the concert, you know you, it's an ample theater. You still show up just because you've spent the money on the tickets,

Disney Richard Thaler Adam Smith FBI Chris Voss Turkey Brian Texas Syria America Russia
"adam smith" Discussed on Biz Talk Radio

Biz Talk Radio

07:03 min | 2 years ago

"adam smith" Discussed on Biz Talk Radio

"Speaking with Adam Smith Adam tell us about believe based selling please so the let's say the online selling any Facebook ad court okay so that the very first thing that I'm gonna do is I'm going to think about what is the current believe about this product and white people have not acted on a lot of people might think faithful gather too expensive that might be a believe that somebody has and when we talk about believe they're simply reasons or excuses that hold people back from buying and so I go through and I think about what are all those objections were all those reasons you know I used to actually couple years back I need to do door to door sales and this is actually really where I learned that no no I did not know it with work when working that I thought that the and it would go I would knock on people's doors they would come to do or if they have any doubt about got this you know often security but the package and I was talking about it if you want people told me no it was terrible and I like I would get this game object and over and over again all right on time and to busy myself sitting here with the same objection and so what I did is I started bringing up those objections first and there's the there's a movie called eight mile they came out a long time ago with the rapper Eminem and this is where I learned it he was actually the guy in the rap battles you have to like you know a lot of other bad things about the other person and you know that that you basically went but instead eminently different approach he started back not himself the third thing all these bad things about himself so that when it came time for the other person to wrap up against them he didn't have anything to stand Eminem one and that was amazing stuff great great content right there we will get that transcribed and put up the entire thing on the website not just a quote or two so you can all read that as well fantastic I don't how long is this weapon are the the weapon are typically about ninety minutes thanks to lawyers I don't god that's exactly what I thought you were gonna say I'm out of there after forty five I know you said that webinars are stickier than other things I'm not sure I believe that either I still think the hour and a half weapon are that I signed I signed up for a lot of webinars and I give him a shot usually and they usually spend five or ten minutes at the top thank you everyone for being there any Sally Hansen Sally just signed up awesome Sally sure do appreciate you being with us today all that kind of B. S. and then they tell me what they're going to tell me sixteen times and never get around to telling and then I realize I have to buy a class act by something you know to get it there's no content to their there's none of the believe shift that you talk about and I'm out after forty five minutes they're just too long what do you think hi eight and that's a great thing you know a lot of people the reason that you long it because it's just not interesting enough that's why you later like I have better things to do like my priorities have shifted from giving my attention to this weapon are something else and so when we use that belief based selling model where we start to really kind of hook people into you know what it's like the big crystal that they're actually going to get from implementing the training in what you're talking about and the other thing the reason on at from the presenters died it you need time to be able to like holder stories and then break down the different false beliefs and so we we he consistently and you know it's been it's been difficult we see consistently that people they typically drop off around an hour like that like I don't know what it is that people have this mental block in their head that I can't stay on think half an hour out of why why did you say ninety minutes that people are dropping off at fifty well the reason is because we dropped the price at the offer before sixty minutes within the last thirty minutes answering questions which is really just like closing we have a hundred different clothes that we use because the longer the people stay on that the more likely they are by and so I'm gonna stay on there as long as long as I can you know we've been on webinars as much as two hours before answering questions and closing people are still on they're still listening I'm like alright pushed to the order form push the order form come on here we go hello guys so we can you know make this process but we always drop the price before an hour fifty seven minutes that's where we want to be so instead of starting with like hate Dolly like you know thanks for being on here no no we spend about like the the you know sixty seconds or so like kind of just making sure all the taxes done and then we get straight into the hook and we have this big bike Hey this is what you're gonna learn this is what it's going to be presented on this training because that is where most people live in people drop off about that seven minutes mark if this is not an interesting not engaging people are gonna leave and so we have a big headline how do we know if the headline cook is going to work because in our heads were staying wait what when we say wait what that's right if I've read the headline I think we want and it kind of makes me turn my stock thanks what's good about America thank you that's a good hook that's a really get hurt and so there there are two hundred different ways to do that my favorite is how to you know do you like whatever they want to do the big results the big dire with our whatever big pain that they have in here about the way that we usually do are cut and we jump straight into a like think like a movie yeah Mike you know things like a mission impossible or like a James Bond or you know one of those movies like they don't drop you in like you know kind of in the night kind of thought all you know kind of getting into the store you know like you are in the action your email the action right why should we be any different because we're doing our presentation we should be in the action starting in Haiti your is what's happening and we start at a point of high drama because this is what hooked people land and what causes people to this day and to get there to stay on his weapon are yet they may be long forty five minutes sure but if you can do it the right way people are going to stay on your increase your celebrate and that's gonna make you more money Adam great stuff.

Adam Smith Adam Facebook
Trump administration taking $3.8 billion more from military for Mexico border wall

John Rothmann

03:31 min | 2 years ago

Trump administration taking $3.8 billion more from military for Mexico border wall

"Other ministration argues that it doesn't need congressional approval to re direct military funds to the border wall the White House is asked for less money for the wall in their formal budget requests in Congress but now now they're taking three point eight three billion dollars in pending on funding they're just taking it Hey wait a minute let me ask a question let me see if you can all answering I'm gonna quote Donald Trump we're gonna build a wall who's going to pay for us okay one two three Mexico right do you remember remember that statement now this announcement three point eight three billion dollars bipartisan opposition I mean it's just done to me the house Armed Services Committee chairman a Democrat Adam Smith from Washington who's very articulate by the way I heard in speaking I'm really not familiar with him so this this administration has already stolen billions from the department of defense in order to be in building the president's vanity wall and today they are doubling down on that bad policy the president wants to take credit for rebuilding the military but today's reprogramming decision does the exact opposite it will prevent the acquisition of critical ships vehicles and aircraft I by the way mark Thornberry a Texas Republican who is not running for reelection this year did not mention the president by name but voiced strong opposition to diverting money from various Pentagon accounts for border wall construction the ranking member of the house Armed Services Committee a Republican a certain this move is contrary to Congress constitutional authority I have to tell you the Congress did not vote this money and this new plan puts money the Pentagon programs including multiple military aircraft programs at risk so let me let me start out by asking you a question what do you think of the decision to divert three point eight three billion dollars in Pentagon funding to the portal I think it's unconscionable whether are for the war against the wall Congress voted against it and there's one more thing that has been announced and this was announced by a U. S. official who said the United States the Taliban have reached a truce agreement that will take effect very soon and could lead to withdrawal of American troops from Afghanistan the anonymous official said the agreement for a seven day reduction in violence to be followed by the start of all Afghan peace talks within ten days is very specific and covers the entire country including Afghan government forces well I have to tell you there are indications this announcement may come as early as this weekend do you believe that there will be a ceasefire and more than that do you believe that if the Taliban did comply with the reduction of violence agreement do you have any doubt the Taliban would take over

House Armed Services Committee Texas Mark Thornberry Afghanistan Taliban United States Official Pentagon White House President Trump Washington Adam Smith Chairman Mexico Donald Trump Congress
Pelosi To Send Impeachment Articles To Senate Next Week; Trump Team Preps For Trial

AP 24 Hour News

00:51 sec | 2 years ago

Pelosi To Send Impeachment Articles To Senate Next Week; Trump Team Preps For Trial

"House speaker Nancy Pelosi says the articles of impeachment against president trump will be delivered to the Senate next week house impeached drop three weeks ago on two counts abuse of power and obstruction of Congress Wyoming Republican Liz Cheney says the process is taken way too long it is not the job of the Senate to try to fix the completely faulty imply process that the house Democrats conducted over here Washington state Democrat Adam Smith yesterday called on below sea to hand over the articles now says she was right to have delayed the process to have a fair trial shine a light on the fact is there I was doing this while pelo sees delays sparked the reason strategy has a much change what's likely to be the final verdict trump's acquittal in the Senate of charges that he abused the power instruct the Congress in pressuring Ukraine to investigate Joe

Nancy Pelosi Donald Trump Senate Liz Cheney Adam Smith Pelo Congress Ukraine JOE President Trump Wyoming Washington
Pelosi: House moving to send impeachment to Senate next week

AP News Radio

00:42 sec | 2 years ago

Pelosi: House moving to send impeachment to Senate next week

"Majority Leader Mitch McConnell says the impeachment trial could start next week he's anxious to get started a long way the president was impeached in the house three weeks ago hello see it's been in a standoff with McConnell over how the trial would be handled Wyoming Republican Liz Cheney says impeachment was based on assumptions and no direct evidence it is not the job of the Senate to try to fix the completely faulty imply process that the house Democrats conducted over here but Washington Democrat Adam Smith says pelo C. is doing this the right way pressure on this to have a fair trial shine a light on the fact it's not fair to Connell wants a speedy trial without new witnesses and Donahue Washington

Majority Leader Mitch Mcconnel President Trump Liz Cheney Senate Adam Smith Connell Donahue Washington Wyoming Washington Pelo C.
Pelosi: House moving to send impeachment to Senate next week

AP News Radio

00:42 sec | 2 years ago

Pelosi: House moving to send impeachment to Senate next week

"Majority Leader Mitch McConnell says the impeachment trial could start next week he's anxious to get started a long way the president was impeached in the house three weeks ago hello see it's been in a standoff with McConnell over how the trial would be handled Wyoming Republican Liz Cheney says impeachment was based on assumptions and no direct evidence it is not the job of the Senate to try to fix the completely faulty imply process that the house Democrats conducted over here but Washington Democrat Adam Smith says pelo C. is doing this the right way pressure on this to have a fair trial shine a light on the fact it's not fair to Connell wants a speedy trial without new witnesses and Donahue Washington

Majority Leader Mitch Mcconnel President Trump Liz Cheney Senate Adam Smith Connell Donahue Washington Wyoming Washington Pelo C.
Pelosi not yet ready to transmit Trump's impeachment to the Senate

CNN's The Daily DC

09:21 min | 2 years ago

Pelosi not yet ready to transmit Trump's impeachment to the Senate

"For the past several weeks. There's been one burning question dominating this saga. When Will Nancy Pelosi? The speaker of the house transmit the articles of impeachment to the Senate and therefore launched the trial process in the Senate. While this morning Speaker Pelosi finally addressed at that point. Take a listen now in terms of impeachment. You'll keep asking me the same question. I keep giving you the same answer. As I said right from the start art we need to see that the arena in which we are sending our managers is that too much to ask of course addressing that point in an answering that question or two different things. A Pelosi later added that she's not holding onto the articles indefinitely and that she would probably transmit them soon soon. I've got to fantastic guests to help me make sense of all of this political gamesmanship in a few minutes will be talking with CNN. National Security and legal analysts. Susan Hennessy but I I'm joined by my colleague. CNN Politics Congressional reporter. Alex Rogers Alex. Welcome to the PODCAST. Thanks so much for me so it seems to me. After days. Days Days of stasis on this story we did learn in the last twenty four hours several things one as I just said speaker. Pelosi said she's likely to transmit these soon she's not going to hold onto them forever. To President. Trump actually asserted yet again today. He's opened. Witnesses named some witnesses. He's interested in of course. Course which are total non starters For the Democrats in terms of Adam Schiff or Joe Biden or hunter Biden or the whistle blower but is has said and he's going to really leave this to the Senate. We learned that Mitch McConnell the majority leader in the Senate went to the White House and briefed the president on what the contours of this trial is going to look like. So it sounds like the president has more information about Mitch. McConnell's vision of how this trial is going to play out then speaker. Pelosi does which is why she's still hanging onto the articles as we're recording this at least and Finally we've learned that there seems to be a strategic divide going on between the president and and his advisors and or some of his advisers and certainly the Senate majority leader Mitch McConnell in terms of whether or not he wants some very vociferous defenders from the House Republican Conference To join in defending his case in the Senate McConnell of course worried that Too partisan partisan of abroal may upset the apple cart with some of the moderate center. Republicans that they need to keep on board with the plan here so all of those. Those things have emerged in the last twenty four hours and yet Nancy Pelosi is still holding onto the articles of impeachment. What does that mean soon when you expect her to send these to the Senate or she said today today I'll send them over when I'm ready and we're still trying to figure out what leverage she has Senator Majority Leader Mitch? McConnell said yesterday that she has none he has the votes. It's a simple majority devote Democrats are hoping that there are four Republicans to join them. But now we've talked to Susan Collins. Lisa Murkowski Mitt Romney and all of them are on Mitch McConnell. Donald Seidel Miss. So we're wondering here. What Nancy Pelosi is looking for if there's any possible signal that she could get from The Republican leader. She says that she just wants to see the rules. Mitch McConnell says let's just go back to the nineteen ninety nine precedent under Clinton and. Just run with that now she. It seemed to me when she walked into a press conference. Today Should two main message point. She wanted to hit when it came to the issue of impeachment. One was. She's not buying this whole Mitch. McConnell nineteen ninety nine Clinton enroll. She thinks he's not portraying how those were set up namely the Clinton rules were devised in a bipartisan agreement. And I think there was one hundred hundred nothing vote supporting them. In the United States Senate That was hammered out with the blessing of the leaders. Trent Lott and Tom Daschle. Nothing like that is going on with McConnell when Schumer right now is Pelosi's point number one so she doesn't By his argument that this is playing by the Clinton rules. That was one thing she wanted to drive home but number two it seems she wanted to sort of list Her reasons that she thinks she's been victorious in this decision to hold onto the articles articles namely that it has put the issue of documentation and witnesses front and center in a way that if the articles had immediately gone over in December. Maybe they weren't. What do you make of that? I mean her point is that there's a number of witnesses who have not been Who have refused to testify and the Clinton Peterman process? All of those witnesses had already talked before that that evidence was already out there But the thing is that she right now is losing not only those moderate Republicans Republicans at your needs but also Democrats. There's a number of them who've said in the past couple of days that let's just let's just get this started senator. Dianne Feinstein said if we're going to do it she she she should send them over. I don't see what good delay does. She's later walk that back. Other Congressmen have also Adam Smith at today on CNN. Basically said let's transmit these articles goals that's during the Senate trial and then he later said I misspoke wait. I missed how Senator Feinstein walked back to her comments. What did she say? Because it's all those comments my eyes widen so I I missed the walk back. She said today that those comments are now being taken out of context okay. I don't know if that's a real walk back. They're not out of context are they. I don't know vow. The the thing though is what does holding the articles now do for the Democrats. Are they really going to be able to change the rules. Or they can get these witnesses upfront. No Mitch McConnell has the votes. And he's ready to go he's made that crystal clear what What do you make of this concern concern that? McConnell has apparently expressed that Having some very vocal House Republican conference members who were Lord Diehard trump supporters at all costs be part of his defense may upset the apple cart of sort of the Republican unanimity. That you just described that he's been able cobbled together. How is how big of a concern do you sense? Is this for McConnell. So we have some reporting from Sarah Westwood Phil Mattingly came out today. There's there's this struggle between some of president trump's allies who think that a legalistic argument by Patsy. Baloney the White House counsel so is Not going to be good enough. You need to win this. It's it's not only trial but it's somewhat theater have your most for syphilis. Allies Congressman Jim Jordan Congressman Mark Meadows. Some of these people who can articulate the president's argument in different style. Then you also have Senator Mitch McConnell's view. It appears where those those people are going to turn off exactly the Republicans that you need. You Need Susan Collins. Lisa Murkowski the people people in the middle so the president right now is receiving this conflicting advice. And we don't know yet. I don't think the decision has been made on who is going to defend the president and the trial yet. Yeah no we have not heard that decision we know that Pets Bologna and his team. The White House counsel on his team Have put together a plan and that there seems to be one but we don't yet know exactly who will be doing the defending of the president. And I think that the president who we know consume so much Fox News and sort of has this echo chamber constantly feedback loop in in. His mind doesn't always necessarily think the way McConnell does about Are we just doing a full on brawl with the Democrats here or is there work to be done with your own party here and McConnell's clearly trying to make the case Mr President don't lose sight. Yes you're going to be acquitted but you've got to still keep your party on board. I think right now if you just run the nineteen ninety nine Clinton trial rules you will see each side making their argument and then a couple of days of questions from the senators and then you vote whether to dismiss the whole thing right then there or then to also get into the witnesses that Democrats think will bolster their case my final question for you before we go to break you say that Democrats will boast of their case. What about the fact that Donald Trump is still out there saying he wants them? Witnesses I Mitch. McConnell sort of in a no witnesses camp. He doesn't necessarily want to see Joe Biden or Hunter Abidin or the whistle blower called. So there's a difference there too is they're not of course There are some Republicans who want to see honor Biden. They WANNA Have I think Senator Ron Johnson said this week the full gamut of witnesses. But you've also seen Senator Susan Collins who you know really the crucial senator here say a that it would be inappropriate inappropriate for president trump to say to China investigate on our Biden Susan Collins once witnesses But we we don't really think that means also hundred I think we've that means you know people with firsthand evidence other people who testified before the house. Yeah actual impertinent witnesses to this What these articles of impeachment are about and therefore pertinent to this trial? Alex let's take a pause and our conversation for the moment legal analysts Susan. Hennessy will join us right

Senator Mitch Mcconnell United States Senate Nancy Pelosi Senator Majority Leader Mitch President Trump Senator Susan Collins Clinton Peterman Donald Trump Joe Biden Susan Hennessy Senator CNN Alex Rogers Alex Lisa Murkowski Senator Feinstein White House Senator Ron Johnson
House to vote on resolution limiting Trump war powers today

Morning News with Manda Factor and Gregg Hersholt

00:49 sec | 2 years ago

House to vote on resolution limiting Trump war powers today

"Of vote is expected to take place today in the house on a war powers resolution that would limit president trump's authority to order military action against Iran in a statement house speaker Nancy Pelosi criticized trump's recent order to kill a top Iranian military official in Iraq she called it a provocative disproportionate military air strikes democratic lawmakers and even some loyal Republicans came out angry after an intelligence briefing from the trump administration concerning that strike that killed their running in general Qassem Soleimani Washington Democrat Adam Smith chair of the house Armed Services Committee talked with CNN this morning I am not specifically told us what did you hear that made you think it was a matter of fact when frost they said they did not have specific targets they didn't know what specifically their audience were targeting nor did they have a precise time line they said

Donald Trump Iran Nancy Pelosi Official Iraq House Armed Services Committee CNN President Trump Qassem Soleimani Washington Adam Smith
"adam smith" Discussed on KOMO

KOMO

06:56 min | 3 years ago

"adam smith" Discussed on KOMO

"And congressman Adam Smith chairman of the house Armed Services Committee was here he says it's time for the Senate to pass a bill that's already gone through the house that would require background checks for anyone trying to buy a gun the Senate is back in session in September the trial for the man accused of blinding about Vernon police officer is under way and schedule county or Nestor Reavis is accused of shooting officer Mike Macquarie three years ago in opening statements the prosecutor told the jury shortly after officer Michael shot this was holed up in his house for nearly five hours he said pretty freaked out he decided to get ready to fight Michelle Esteban komo news the senses that reverse did not fire the shot that hit the officer instead they say was a teenager connected to a gang related shooting the Macquarie and the other officers were investigating the city of laci is laying the groundwork to open camping sites for the homeless but some proposed rules like finger printing dar drawing sharp concerns almost Joe Marino has more some of these campers have been living here for years but laci was trying to find other locations this is an issue that is not going to go away obviously it's getting worse and worse the city held a public hearing to discuss establishing both emergency shelter sites and temporary overnight camping areas Geoffery sites have to be cleared out each morning which could be challenging for disabled camp it might not be possible for them to put up and take down to ten to every day others don't want any new encampments especially if they're supported by taxpayer dollars wherever you're talking all rules and regulations these people don't want to live by rules and regulations in the and the Planning Commission could not agree on a set of recommendations to send to counsel they help to work out the details on a few amendments and vote again in the coming weeks we're hearing from the pilot who survived a water crash in kit sap county or from Cuomo's Tammy Mutasa the pilot told us he's been flying since nineteen ninety two and nothing like this has ever happened we were there as a front loader lifted the submerged float plane out of the water it was quite the process the pilot told us he was flying in approaching to land and dies in late but then he says he has trouble raising the wheels before he landed and the plane flipped over when I touch the water crusade we put a bloom around the plane to contain any harmful materials around the water as for the pilot after all that he told us he wants to take the plane home on a flat bed and take it apart and his house hope is fading for a missing paddle boarder off orcas silence in the update from Kamel's sewer Mero the man in his thirties who fell off his paddle board at mountain lake in Marantz state park was reported missing Monday evening his friends say they tried to find him while rescue crews were called they were unsuccessful the man was last seen struggling about a hundred and fifty feet off shore about fifteen minutes before rescuers got there a Coast Guard helicopter and diving team also found no sign of him and it's presumed he drowned super Meryl comma news even though kids are still on summer vacation for about another month educators want there to be using their brains and they want parents to make sure their kids are reading writing and working on their math skills crystal springs elementary school principal any Nielsen says you can do it without them even knowing making games out of it not having them sit down and have to do a worksheet but just throughout your day cooking going to the grocery store she says the key is to make it fun couple news time six ten time to get to the Harley exterior sports just with some other filamentous came back for the road trip through Texas was a very tepid baths despite the Houston heat in fact they didn't muster a hit until the seventh inning last night in the opener their brief two game series the Padres Seattle winds of losing nine for the close out the series at three forty today Huskies working out about like once again new starting quarterback that's going to be that to to be determined and is still unproven set of receivers but offensive coordinator bush handed was asked if he and coach Chris Petersen would like to take more frequent deep shots down the field yeah I think so I think it's an attack mindset I think all those guys are often seen all that we step on the field we're going to attack and so certainly we probably thrown more balls down the field last five last four five practices and we we had all four kids last year so we're gonna throw down there we go to my place like Washington Washington St still trying to determine who their starting quarterback will be it's a three way battle between eastern Washington transfer gauge brewed trade tensely in Anthony Gordan light work out for the Seahawks today as they get ready for the preseason opener tomorrow night against the Denver Broncos sports attentive forty passi our time or in the home of the Huskies come on if somebody's time six eleven since the U. S. women's national soccer team won the World Cup this year attendance at games is up according to the national women's soccer league after the team grab the title league wide attendance increased by seventy percent compared with attendance numbers before the tournament overall attendance since the World Cup is up fifty three percent over last year well chances are you or someone you know has ordered a DNA test kit to learn more about your ancestry or health traits but recent research raises concern about what happens after you get the result was cutting Thompson's been looking into this and she tells us why you may be giving up more information then you're actually getting a check book editor Kevin brass around his two volunteers already knew the obvious Kevin's grandparents came from Eastern Europe Nicole an African American wanted to learn about her specific connections to Africa Anna born in Colombia had questions about her specific ancestral origins we found that the company's overwhelmingly agreed with one another at the continental level so for example they agreed that time from Europe they they agreed that woman who's African American was from Africa the browser says details were wildly different when it came to specific regions for using a fifty percent confidence interval and that means that they're only fifty fifty confident that the percent they gave me is accurate I think the bottom line is that these tests are are not exact you know you are you would get different answers from different companies because they're you know probably using different information to interpret your data university of Washington research scientist Sara Nelson says it's in to have reasonable expectations about DNA tests even more important consider what happens to your DNA data a recent survey of a thousand test users down nearly nine intend downloaded their raw data and more than five and ten up loaded that information to third party genealogy sites but that's another reason to really take a close look at what might this third party tool do with my data might they make it available to yet another third party doctor Nelson points out that some third party genealogy site support crowd based research which means anyone can have access to information you upload to read the fine print also keep in mind that sharing your DNA is also sharing the DNA of your relatives whether they want to or not and right now there is a limited regulation over how that information can be used to check out the consumer pages komo news dot com companies time six.

chairman house Armed Services Committee Senate congressman Adam Smith fifty three percent fifteen minutes seventy percent fifty percent three years fifty feet five hours
"adam smith" Discussed on KOMO

KOMO

01:39 min | 3 years ago

"adam smith" Discussed on KOMO

"And congressman Adam Smith chairman of the house Armed Services Committee was here he says it's time for the Senate to pass a bill that's already gone through the house that would require background checks for anyone trying to buy a gun the Senate is back in session in September almost back to Quinn reporting Coleman whose time is four thirty two all three of the Seattle city council members that are running for reelection appear to have survived the primary goals chip July has more of the nine seats on the council seven are up for reelection of those only three incumbents decided to run again one of them is Deborah warez of door Seattle I'm a pragmatic progressive that's how ID myself sometimes people think I'm right of center one publication basically called me a socialist in another publication called me you know a corporate **** I mean when I suppose to do if the results hold chill face attorney and Davis and Sattler in November we are looking for a re focus of Seattle away from the council members and to the people yeah the other two incumbents Lisa her bold and Shamus someone also appear to be advancing to the general election but at a minimum there will be for new faces on the city council when all is said and done just pose a look come on use commoners time is four thirty three a king county parks improvement levy is passing the sixty seven percent of the vote the proposal provides eight hundred and ten million dollars for maintenance improvements and access to parks and trails in king county as well as the woodland park zoo homeowners would pay a little more than two dollars a month more than they do now as the present levy expires a two hundred nineteen million dollar levy to expand libraries in Seattle's passing was seventy three percent of the vote the proposal would eliminate overdue fines and expand library hours a past would cost about three dollars a month more for.

Quinn woodland park Shamus Lisa Sattler Davis Deborah Seattle city council Coleman chairman Adam Smith congressman king county attorney Seattle Senate house Armed Services Committee two hundred nineteen million d seventy three percent
"adam smith" Discussed on KOMO

KOMO

03:12 min | 3 years ago

"adam smith" Discussed on KOMO

"But democrat, Adam Smith, chairman of the Armed Services Committee, says the US should be cautious careful. You know, whatever response we have measured and reasonable, stop the conflict lady. President Trump says he thinks Iran probably made a mistake. Jeff pohjola. Komo news station thirty one. In north Seattle has been evacuated after high levels of toxic mold were found inside. Komo's Charlie Harger tells us the fire chief says it could take a while to allow workers back in firefighters have long complained about higher than expected rates of cancers and other illnesses for people working in station, thirty one their union ran tests, and found high levels of poxy, mold fair. Chief herald, Scott says they've moved workers to nearby fire houses while a thorough investigation takes place. We wanted to have our firefighters working in an environment that can cause them harm if we had information response times could take up to a minute longer than normal. He says the investigation could take months Scoggins says is going to be complicated because firefighters breathe in smoke. In other toxins as part of their job team of experts will try to narrow this down. Charlie Harger, KOMO news. If you or someone you know, has recently failed, the driver's test, it could be because it's tougher to get a license in Washington than any other state. That's according to law, firm Siegfried and Jensen, which compared drivers, handbooks written tests, and road skill requirements in every state and Washington came out on top. The firm's Jeremy Hendrix says we have the most rigorous road test, judging on nineteen driving skills while other states test and average of ten to fifteen skills, three point, her parallel parking what you do when you park on a on an incline. He says, South Dakota only tests on six driving skills the lease. Of any state as for the written test. Hendrix, says you need an eighty percent to pass whereas in New Mexico, you only need a sixty eight so what does having the toughest driving tests in the country do for us because you bar? bar a little bit high than theoretically the drivers that are on the road should be a little bit better but daddy says maybe another study for another day see romero komo news komo news time six oh four well let's talk about driving right now the update from marina rockinger grade in some areas and we still have a problem in the express lanes northbound i five just north of eightieth car broke down in the right lane so people are really having to slow down right before they merged with the main line and northbound i five in the main line just south of the county line is state route one of four there at in mountlake terrace there is a collision blocking or partially blocking the h._o._v. lane we have slow down southbound i five from northgate into seattle solid traffic from the east side on five twenty westbound from four zero five montlake southbound four or five really the impelled view from five twenty to newcastle and northbound is heavy from five twenty two eighty fifth in kirkland northbound i five into seattle still struggle because of a collision still being reported near colombian way so it looks like it's in the just south of colombian way in the right lane and southbound i five still slow out of federal way from just south of three twentieth through five your next komo traffic at six fourteen shannon o'donnell has the forecast will better late the never we had a little bit of june rain over the last couple of days bringing out the last of the showers and right on time the schedule.

KOMO Charlie Harger Komo Seattle Jeremy Hendrix Scott President Trump South Dakota Jeff pohjola Armed Services Committee Adam Smith chairman US mountlake terrace shannon o'donnell kirkland Scoggins Washington
"adam smith" Discussed on Dr. Drew Podcast

Dr. Drew Podcast

03:18 min | 3 years ago

"adam smith" Discussed on Dr. Drew Podcast

"A nasty brutish ensure that he's sort of making the case that we are political animals, very very much your case that their brains evolved for that. And we are very spirituality is built into that. I think that there's there's there's a part of that. That is true. But I think there's an over emphasis on the the kind of the nastiness, and I so an example of this is the literature on gain theory. So a lot of the literature and political science that is focused on kind of rational, the model of individuals rational actors the problem with that is that people we experienced it. When we run these experiments, we've gotten it this era of behavioral economics neuro economics, people don't screech other over as much as we were expecting certainly not in the when I was taking classes in the eight late eighties early nineties. I was kinda given an idea of this kind of wretchedness of human beings in kind of a nastiness of human beings and a selfishness of human beings. And it turns out that that doesn't actually fit the data. So well that people are much nicer than we would expect. There's not again not to say. There's not a lot of suffering a lot of people doing mean things, but we cooperate far more than I think we give ourselves credit for Adam Smith said man desires, not only to love, but to be lovely in other words to be seen by others. And he also said impera phrasing. The man is a peculiar preoccupation with the wellbeing of other people. It's all true. Right. That's what we we're sort of both right? We're sort of a great. And but sometimes great exactly, and I think that attaches great case. So his wealth of nations is kind of hyped up in when I give lectures on this on a regular basis all real raise out Smith. And just you know, what what do, you know about Adam Smith and the few students who will kind of chime in on that they'll be like. Oh, yeah. Wealth of nations, but they don't remember they don't they've never heard of his theory of moral sentiments, which is as you're saying, this kind of this view of us having this affect of life that is intertwined with others. And it is and that's the book that Adam Smith was working on to his deathbed. He started it in his twenties and was wrapping that up at, you know, we're still working on it as at the end of his life because he thought that was his more important work. This idea that we have this what he called fellow feeling and the some of the brain imaging experiments that I've done show evidence of that kind of fellow feeling motivating our decisions. Rather than just this kind of this this kind of brain is computer metaphor that is I think very dated and miss and inaccurate way of understanding human nature. We're not just calculators. Right. And so whenever people talk about a I I always made the case that you never have human intelligence because you have to have a body. I who because our nervous system is feeding untold information. And then the fact that our we'll talk about the scans. And what part of the brain. We're talking about here. So for the last that I was mentioning on fellow feeling we did a a colleague of mine developed what we call the the Robin Hood game. So you're given an opportunity you're interacting with three other people and you're seeing different distributions of income..

Adam Smith Robin Hood
"adam smith" Discussed on 1170 The Answer

1170 The Answer

09:02 min | 3 years ago

"adam smith" Discussed on 1170 The Answer

"Latest breaking news, the president of the United States will be addressing the nation from the Oval Office tomorrow night. Probably at peak viewing time nine o'clock. I would guess. The talk about well the border. We are now starting the third week of the government shutdown over watt over the Democrats not willing to compromise on five billion dollars to build a border barrier to put that into perspective, ladies and gentlemen, that is less than one percent of the defense budget. So we have a budget. That's supposed to look off to all of us provide defense to this nation. The president wants five billion dollars to protect us on the southern border latest news. He's gonna go down there tomorrow. We will have the national address on Thursday. He will be visiting the border with Mexico to provide the nation with the information. It needs to make their judgment today. I'd like to hear your views. Are you being impacted by the government shutdown if it were being reported on as my producer, Mr. g the Jifa, Jeff? Us last week if the so-called mainstream media were reporting on the government shutdown incessantly day in day out. Would you even know that it's occurring? If you did it work for the government, are you affected have you seen any negative ramifications? So question number one, how long should the president? Hold out. A number here is eight three three three three Gorkha G O R K that's eight three three three three four six seven five two. But what are the other options? Well, we have interestingly an individual who is a democrat politician who goes by the name of interestingly for democrat, Adam Smith, the best thing for a democrat. But you know, the the master of the laissez faire hidden hand economics, Adam Smith. This is a very different Adam Smith, but he loved the cab of a bag with an interview he gave yesterday as President Trump had the ability to have the authority to declare a national emergency had the military build his wall. The short answer is. Yes, there is a provision in law that says the president can declare an emergency. It's been done a number of times, but primarily it's been done to build facilities in Afghanistan in Iraq. In this case. I think the president would be wide open to a court challenge. Sag where's the emergency? Now this little sound bite. From Representative Smith's interview with Mr. Stephanopoulos, who let's not forget worked in the Clinton. White House has caused a lot of consternation amongst the Democrats because Adam Smith is actually right. There is precedence for using emergency powers to use the military and to provide building capacity when there is a threat. Now, do you think there's a threat even his argument is very strange Adam Smith says well, we've used it in the past to build stuff in Afghanistan in America. Okay. Well, how about building stuff that isn't seven thousand miles away. Isn't it more logical at do? We have a national emergency and the daily caller just published an article where they have an stand shaded a three hundred. Hundred percent increase in violence on our southern border. Specifically around the area of San Diego. We have a border patrol agent Joshua Wilson who has been documenting on record with the local ABC affiliate. K G TV the assaults on agent and all the other things that have been happening. As a direct result of what the caravan that so-called vaunted caravan of quote, unquote, refugees. Refugees, what kind of refugee throws rocks. What kind of refugee throws bottles of border patrol agents? Ladies and gentlemen, if you don't know my story of written about it in my first book, defeating jihad, it's the first chapter of my new book, why we fight defeating America's enemies with no policies. My parents were refugees. So this is personal for me. Not only am I a legal immigrants to the United States. Meaning I chose this nation because I love this nation, but my parents were refugees this children they lift lived under a fascist dictatorship. As adults. They were persecuted by communist dictatorship. My father was in fact, arrested and tortured by the secret police in Hungary, give a life sentence in a communist prison at the age of twenty only to be liberated by the freedom fighters of the nineteen fifty-six hunt Gehring revolution. And with his soon to be wife, a seventeen year old girl the daughter of a fellow political prisoner. They literally crawled across a minefield to freedom and ended up as what refugees in a refugee camp in Austria for weeks for months until they were cleared to go and live in freedom in that case in the UK, but the idea of Mike parents. Throwing bottles rocks assaulting the people who they wanted to have them. Help them. How does that make your refugee? Are the stories that we will be covering? We already getting your calls. Eight three three three three Gorkha G O K eight three three three three four six seven five two. We have the president talking about using Steelers crow Crete for the war for some reason. The Democrats don't want concrete. We have this veteran. Dan, Crenshaw, you know, who he is. He's the individual satellite Saturday night life. So reprehensibly made fun of slamming. Hang Johnson democrat Representative for what he said about Trump supporters. We'll get to that audio very very feisty back and forth. And then we have all kinds of stories coming out of the kinds of nations that across your Cortez wants to create here. Incredible audio from her interview on sixty minutes, and then we have well the story of what's going on in a truly socialist or. A communist country that of Cuba, how Fidel Castro's grandson. He's doing very well for himself. Let's go to your calls. Let's go very quickly because we already have your calls line. A one victory in Silver Spring Victor. Can you see a shutdown? Shutdown, sir. Are you experiencing? It is it having a negative effect on your life in Silver Spring Victor. Absolutely not. I could care less. You know, let it go on till we get this wall built. And I was really and truly hoping that Trump would save his speech. I know he's going to do it tomorrow night at nine o'clock. I was hoping he would save it for the state of the union message. When he does it in front of congress. That's really put in in their Democrats says. Yeah, I think that's an interesting point. But Victor, thanks for your call. I think we've had hero Michaud and on social media. Follow me at seven Gorkha S E G O R K for weeks, even before the shutdown. I've been I've been seeing people calling for his address to the nation. They want lot of people out there. Want him to take this issue into your home at peak viewing hours to send a message that this is a national security threat. So I understand joint address the congress super important, but how many people I don't know how many people watch joint address to congress. I do. A wonk people living here in the swamp. They watch it, but a direct address to the nation. I think it's a great idea. Stay tuned. We've got some amazing guests coming up Charlie Kirk next, then we will have Sarah Cada and a very special guest off the syrup Cada. I'm Sebastian Gorka. This is the Salem radio network. We are broadcasting from the relief factor dot com studios on eight three three three three G O R K A that's eight three three three three four six seven five.

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