35 Burst results for "Samuelson"

'Donkey Kong defense' arises at Bill Cosby sex abuse trial

AP News Radio

01:34 min | 3 weeks ago

'Donkey Kong defense' arises at Bill Cosby sex abuse trial

"Could the title of a video game tilt the Bill Cosby sexual assault case in favor of the comedian The Twinkie defense the affluenza defense and now the donkey Kong defense is coming into play this time in the Bill Cosby sexual assault case and attorney for the comedian for us to key witness over her previous statements about which arcade game she was playing when she and plaintiff Judy hoth were in the Playboy mansion with Bill Cosby as teens in 1975 huff alleges that she and Donna samuelsson were playing video games in a large room with a bedroom next to it both in a 2014 police interview and a 2016 deposition Samuelson said she was playing donkey Kong Cosby's lawyers no donkey Kong did not come out until 1981 6 years later As to explain the discrepancy Samuelson answered I got the name wrong Samuelson and the jury was shown a photo of the game room that was taken in 2016 there of donkey Kong game could be seen and Samuelson was asked for the similar photos taken after 1975 could have affected her memory and testimony Samuelsson replied that she had not seen that image until the 2016 photo was shown to her in court during testimony last week Cosby's attorneys plan to argue to the jury that the discrepancy should undermine the case against the comedian Cosby's attorneys feel that if the jury believes samuelsson was lying about the title of the video game it would undercut her testimony that Cosby approached her from behind and put his hands on her shoulders and testimony from hoth that the comedian forced her to do a sex act on him A Moscow's Gabrielle

Bill Cosby Samuelson Judy Hoth Donna Samuelsson Kong Cosby Playboy Mansion Huff Cosby Samuelsson Hoth Moscow Gabrielle
Distraught teen told of Cosby sex abuse, friend testifies

AP News Radio

00:47 sec | Last month

Distraught teen told of Cosby sex abuse, friend testifies

"The first day of testimony is done in the Bill Cosby sexual assault case in California I want to go I want to leave Those are the words of witnesses a 16 year old Judy huff told her minutes after a force sexual encounter with Bill Cosby at the Playboy mansion in the mid 1970s Donna Samuelson huff's best friend at the time was the first witness in the case in which hoth is suing Cosby for assault Samuelson who was just 17 said she wanted to spend the rest of the day at the famed celebrity playpen and was upset that her year younger friend wanted to leave until she told her Cosby had tried to have sex with her Samuelson shot two photos of Cosby and huffed together that day images shown constantly to the jury on day one of the trial A Moscow's Gabriel

Bill Cosby Judy Huff Donna Samuelson Huff Cosby Playboy Mansion Samuelson Hoth California Moscow
"samuelson" Discussed on Leadership and Loyalty

Leadership and Loyalty

06:27 min | 7 months ago

"samuelson" Discussed on Leadership and Loyalty

"Again, thank you for showing the show with everybody you know. All right, let's drip it down and dive right in. In the last ten or so years, entrepreneurs and businesses have been asking, is there a way to do well as an organization while doing good in the world? If there's any doubt, then you've got to stay tuned. Because our guest today is Peter Samuelson. He is the cofounder and president of first star and CEO of film co media. Peter Samuelson is a serial pro social entrepreneur in 1982. He cofounded the starlight children's foundation and by 1990, the positive psychological impact of starlight ceded his next pro social endeavor, which is called star bright world, which he cofounded with Steven Spielberg. You might have heard of that bloke. In 1999, saw the formation of first star and in 2005, Ida, which is everyone deserves a roof in 2013 he launched a spire, which is an academy for social purpose in responsible entertainment. And in the midst of all this, Peter has produced 26 films raised four children. He was educated at Cambridge and Anderson school of management at UCLA, Peter and his wife Cheryl continue to fight every day for those less fortunately than him. So ladies and gentlemen, please put your hands together and help me to welcome champion for America's abused and neglected children, mister Peters. The proud boy. Thanks though. We make it. Always a pleasure and an honor to speak with you. We always like to start the show in the same place, which is in the context of leadership development. You know, I'm brought into answer these two answer difficult questions for companies and organizations. And oftentimes I'll say, you know, I can answer your question because you're asking the wrong question. So in your mind, what is the question that we're not asking that we need to ask in the context of leadership development? You know, where do we need to be saying, you know, we need to answer this question? No, there's other stuff. What do you think it is? I think that we have created a false binary in teaching leadership where we in our MBA classes we're talking about how to serve the stockholders in rare cases how to serve the stockholders do right by the staff, even rare cases, how to serve the stockholders, do right by the staff and maybe lift up the communities where our offices or depots or stores are I think it's quite rare for us to teach the fundamentally important pillar of leadership, which is dare I say to try to make in a big or a little way, the world a better place, most of us have noticed that the world is considerably broken, I actually think in my whole lengthy adult life, it's more broken now than it was when I started being an adult. Yeah, those many years ago, so if it's broken, the first mistake we make is thinking that they who exhibit entrepreneurship and leadership in business should sort of pointed at business and serving the stockholders. God bless, you know, as big a capitalist as the next guy, I believe in, you know, mostly free markets with a few exceptions. But I also believe that we live on a planet. We live in cities and communities and countries. And we need to exert ourselves. The second mistake we make in leadership is that we take someone who is adept in some subset of leadership and they're really good at it. And if they do work with or for a charity, they put to work looking stamps for envelopes or something. We tend not to ask them to do that which they are still that, which is a big mistake. And a loss of expertise for those nonprofits, generally speaking, nonprofits are really good at program, not very good at raising money, awful at PR, produce some of the worst videos ever seen in the world. Just are not good at telling their story. Right. And yet we take people and we say, well, can you drive the truck? Well, sure I can, but that's not really how I think I can help the best. So I think it's time for a rethink. There are a few business schools where within the leadership MBA continuum, there is nonprofit, double bottom line. You know, NGO kind of leadership stuff Wharton school has one of them. There are a few others, but actually it's not necessary for someone to learn the zeal to apply their leadership abilities to make the world a better place. You don't have to go to college or university and do a grad school, whatever course, you can just decide to do it. And I think it's a great shame, for example, look at most entrepreneurs. Look at the top thousand entrepreneurs. There is a tiny proportion of them who have repetitively entrepreneur. They're awesome. Only Elon Musk, you know, he's in space and he invented the car and sent one to outer space and someone some aliens at some point in the future..

Peter Samuelson film co media starlight children's foundatio Anderson school of management mister Peters Peter Steven Spielberg Ida UCLA Cheryl Cambridge America Wharton school NGO Elon Musk
"samuelson" Discussed on EconTalk

EconTalk

06:24 min | 11 months ago

"samuelson" Discussed on EconTalk

"Sheets whilst extraordinary He took part everything church on sunday mornings and he was busy. Shorts and a very benign guiding hand gaza to fe three sensible. Yeah incredible being both insensitive achievement and and longevity. I you know i. I saw him late. Nineties give speeches. He was great. Upshur wasn't good as he was twenty. Five years before was a different. Yeah yeah good point. I'll leave that alone. Let's i'm gonna give you that quote Which i don't remember. I don't think you i'm i can't remember if you quote or not but it's it's it's a very telling quote and it was after milton died which it was after two thousand and eight and i remember as i read that schultz quote that everyone likes to debate mellon especially when he's not there thinking that same hit slipped in as well too that he says. This is the same as on the crisis. He's the financial crisis has today. We see how utterly mistaken was the milton. Friedman notion that a market system can regulate itself. See silly the ronald reagan. Slogan was the government is the problem. Not the solution. This prevailing ideology of the last few decades has now been reversed. Everyone understands now on the contrary there can be no solution without government. And i think you know personally as a classic liberal. I think that's reading of the crisis but it you can make a good case. He's right and i think he made a case is wrong. It's not like the financial sector was unregulated. We'd left it alone ran. There was a lot of tragically i think. A lot of subsidising that sector a lot of actual regulation. I don't think that was the cause of the crisis. But i think the subsidies did encourage imprudence but i thought it was just interesting. Samuelson and his old age at that point could kick milton when he was not just down with gone. Well i mean it's it's sort of contradicts what he's saying. It was long. life spent having no lasting influences. What samuelson saying in fact what he's admitting is that he's dead. I still have to keep kicking him to make sure he is dead. Because these ideas coming back any minute now. I think it was all this philosophy. I put it in the book. Actually grits interesting. Who knows when nelson died said. I grew up thinking that nelson is the devil. And and i know that he was far from being is a good man trying to find a solution like everybody else. For larry summers pretty generous thing say samuelson was very respectful when nelson died but in private letters. Larry says i really can't say what i need to say. Because the body. Still warm and the company now i gotta wait time and then little after that. He did it completely. Timing is if he spent his whole life going up cul de sac. this time. coming nowhere but milton. That's why i got a credit milton with a lot of the The battalion ideas which whatever you say. Trump is not classic libertarian or your classic popular by any respect by the fact that they have. The voters didn't know that they hope that he was leo's. That's an interesting argument. I think my personal take which is like you say it's sunny. We're not even the first draft of history at this point but i think trump's appeal overwhelmingly cultural for people who felt he was speaking for them been left behind. He did do some deregulation. That's the closest thing you can say. That was libertarian. About trump pretty much everything else especially trade which was issued. Dare to belton heart. I want wanted to mention is that you know friedman hated nafta the north american free trade agreement. He loved free trade. He hated the idea that you needed an x. thousand page document to implement it. He said it should be one page. We hereby agreed not to put terror quotas on each other's products signed prime minister president and store but he didn't address makings right. Wasn't that bad regulation together festival. What whatever you intended to do. It has unintended consequences. Always all laws that actually. It's true why that is an interesting question. I think we talk about enough. I think most of the free market friends of mine exalt in that claim it's somewhat true. There are probably some unintended consequences that are positive among my friends. And i don't like to remember those but but i do think it's interesting that we don't dig deeper into that as i think as i think as i think we should one last thing on this this issue of reputation and i always felt after two thousand and eight. How little milton mattered. It made me sad. Actually if he'd been alive. I think his voice would have been active. He was a natural rallying. Point for people were skeptical government and in the aftermath of the crisis. Of course we had a massive stimulus package. You could debate. Economists are still debating whether it had impact what its impact was how big its magnitude was. But i think as you say you know the keynesian viewpoint of the multiplier stimulus in general so drowned out the intellectual history of the previous years. It was like it had never happened. And without melting being alive to champion his perspective i was. I've been surprised. At how little remembered he has been in the last ten to fifteen years. He's not john. Kenneth galbraith for sure. He's at influenced certain academic life but in the policy. Sphere anything hayek has been more influential. Which shocks me would never predicted that degree. I do and i. It's unfair. Probably also milton because.

milton Upshur samuelson nelson mellon schultz gaza ronald reagan Samuelson Friedman larry summers Trump Larry trump leo friedman Kenneth galbraith hayek john
"samuelson" Discussed on EconTalk

EconTalk

08:35 min | 11 months ago

"samuelson" Discussed on EconTalk

"It was might not be like you look president. United states in the oval. Office your rocker. Completing now i want. I have a photograph. I don't have it here. I've just moved. Israel and sitting in a warehouse in maryland. But i have a photograph of milton talking to me. After a presentation i made at the power and society meetings. I've only been to one or two but milton happen to be one of mine. And it's the reason i love the picture he's talking. I'm listening very very life as it should be to play to play armchair psychologist for a minute. It's a fascinating observation. That was at all abandoned. Hurry i think so. Much of his youth was spent in intellectual wilderness. Where no one respected him he was seen as a buffoon a crank the and by the time his he got the nobel prize in nineteen seventy six. I think i have that right He was already was born in nineteen twelve. He was sixty four sixty four years right. Friedman got the second one samson back in Sixty something so he wasn't oh man in a hurry. When he had the the prestige and reputation that would allow him to influence the world. I think he wanted to grab it as as as intently as pa intensely as possible. And that's why i think. He chased after many of those those political influences. Yeah the crazy to be vindicated. He thought he was right all along. Why not many of us do. That's great that's a great insight. I think that's correct. And andrews was always to remind him whenever he wavered thinking. It doesn't really matter said yes. It does matter imagines cosette mattress dishonest and got the nobel prize crew. I want to read a quote that i don't know i don't remember when he said this It was it was samuelson talking about friedman. He said here was i. I found this so Revealing of of of samuelson here was a libertarian. Immune to compromise opposed to stay power skeptical of both politicians and bureaucrats unmoved by good intentions. It's it's a very accurate. Summary of a friedman talk about that. Same nelson's assessment yes. I mean milton. Friedman was always aware of the disconnect between what people said they hope to achieve by progressive acts keep including public broadcasting and what. The reality was with public broadcasting for instance. Let's take an example welfare the same thing with the war on poverty but you end up paying mostly black people to stay at home and doing nothing. Is that sad what you had in mind. That can't be the what you had in mind carrying. Poverty that is is chew slicing property and locking it down looking these people and their children forever and to this terrible need for the state to give them helping hand copied broacasting us. Yeah good idea. Let's put chose honest representatives stuff on the market one put on. But then what could you're doing is actually a you. Look at people who actually watch. Pbs and that the very narrow band of people who go to the opera anyway soup. This is the problem with the bbc you know. It's super serving the people who didn't need any help that doing their own felicien to actually i mean nielsen pulled himself up by his bootstraps. As you say who grew up with either father. I three hardworking mother pretty unglamorous. There's early years. Milton sold t shirts. You've got enough to eat too when he went to school. Which is where rose points at samuelson lying on the beach every summer vacations. And he's not doing anything. This emerson defense would say. I had a of these scholarships. I felt mean if i when i took somebody else's job i didn't need the job so when we get to the backs of milton fees. It's very clear understanding of just because you say you've cured a problem. You liberals doesn't mean you have done. You might feel happy about it but if you think about it for a minute and notifies places tiffany with another tyranny and their ways. I took this tonight. I'll show you how you people you open the doors and let people out you. Lock them into his system. The because you think it'd be better. This is all straight hayek really. That is that the agents state. Why should they know what people's choices should be. They don't because they are comfortably. Well off there in a secure job. The federal government won't be abolished. They're making grand decisions as if they were do nettie full-time something for the peasants and that's inappropriate. Because this and people should be allowed to follow their own lights like i did said nelson. I think that that was an inspirational thing for a lot of people and of course early on his sons earliest work was on rent control. Which is has good intentions. Makasi more affordable and yet. Friedman argued that it led to think do with george stigler in a late forties early fifties. That it actually reduced the supply housing and therefore wasn't helping the people that was supposed style he and rose across both worked for the new deal. Different with the new deal which was found as we rule ironic so he so fist. I mean what he thought he was. Seeing infest handled. Mit schlaize so brilliantly and exposing the tyrannical aspects of franklin roosevelt things that he closed down. You can't keep chickens yukon or this all those sorts of innovations which were imposed by the state in order to get a small number of people to prosper. So you're picking and choosing between citizens whereas nelson was everything should be open to everybody and everybody should have equal access to whatever it is dateable and latino. We've had enough people who think they know better. Because i i know people like that and they look to me. I think this is the vape peslova hilton. But the other point about that. I think is is correct. That friedman was the other samuelson quote friedman was uncompromising. He was an ideologue. I think he would probably claim were two different hats. The ideologue had and the academic hat. But you know my claim has always been that. It's hard to keep them separate. But i do think that's same. Assessment was correct there. And it's not a. It's not a bad bad. Summary of yeah. It did nothing tiny flattery either. Actually because nope no. It's actually a it's a bit of smear but i think there's some accuracy to it. I just don't. I'm not sure it's actually a smear on paper anyway but smear either i think he was trying to honestly assess his milton. Friedman was but he did have a negative assessment which i wanted to come to alluded to it earlier quoted which which is one of my favorite moment. What am i at least liked quotes that i before we do that. I have to quote the you have from george shultz which is rather spectacular schultz. Said something along the lines here it is. Everybody loves to argue with belton particularly when he isn't there. And when i read that line that's a great line it's so true he was a brilliant brilliant debater and he he loved it. Any as i've mentioned we've mentioned on the program before quickly. Talk with bob chitter. He always had a smile on when he stuck the dagger and he was he made you feel good about it very very as you say. It was a very charming man. George shultz who brought him onto hoover gave him a sort of refreshed. Life sort of academic life posting anthony. Life i should say because they stifling but he prospered. Who've and. I think that you'll you'll know because you also have been that..

milton samuelson Friedman friedman nelson samson Makasi george stigler maryland andrews Israel pa United states Pbs nielsen emerson nettie Milton hayek peslova hilton
"samuelson" Discussed on EconTalk

EconTalk

03:20 min | 11 months ago

"samuelson" Discussed on EconTalk

"Anything that causes it. 'cause stage samuelson. Maybe it's because he has chief so much earlier. Life tied himself very comfortable in quilted he'd been the heritage from others. He thought this doesn't really need fixing you. Know if i did well in it shortly after they must be right in the garden. Attend not match different view of that when it comes to take the example of milton's belief that recreational drugs all drugs should be free. Yeah exactly deco not curtail. This includes by the way experimental drugs intensive medical experimentation which also the fda gets off integrate trouble with because it has to prove that the outside the drug works for instance probably untrue. So there's great pressure to approve drugs. But i mean why should there be a gatekeeper. On these things is what hilton. Felt the same thing if somebody wants to snort cocaine what to do with. What's it with the white house. Nothing taken to do it anyway. So do put people on the wrong side of lawbreaking by two. That night well dwelled has moved on in a way is become milton. Friedman's world's usage recreational drugs. That states went off to the next chuck schumer for goodness sake in favor of legalizing marijuana almost impossible to imagine. Even five years ago clinton's famously behind the curve even though clinton at least you haven't smoked but he certainly chewed some edibles. That's the truth to that. Sneak drive that lie. So do come as milton not wanted it to be but he thought that he would be assumed that individuals would to as they liked and since the state just lineup everyone else including some wives and mothers and so on you try to get people not to do about the way they live so yes yes. He failed in getting that. Come about but at the same time. He hitch upon a truth which society has acknowledged. And that is. Don't waste your time trying to stop people taking joint. They do it anyway. They're gonna do it on his the waste of time. His justice is far more serious. A justice that it is the fact that the sixteen year old get joy from this direction rather than that direction. They're gonna get one certainly in that sense. He was not a quote conservative. At least the way most conservative is day were politically. He's he didn't like the term. He saw himself as classical liberal term. That's not an use much anymore. but he He was deputy definitely saw himself. As a as a smithian. i would say But you talk about his influence on the republican party and and you also claim which. I was stunned that that he has. Can you blame him or or to the election of donald trump. I'm totally mystified by that. So take a crack at that took. Actually i draft history this very early and try to understand what trump was about. Trump actually came onto anything. He came out with the tea party movement. I.

milton samuelson clinton chuck schumer fda hilton Friedman white house republican party donald trump trump Trump tea party
"samuelson" Discussed on EconTalk

EconTalk

04:38 min | 11 months ago

"samuelson" Discussed on EconTalk

"That say to the sale take places fifties early sixties sixty to sixty six we those years just alive just the crazy thing about it. Is that in those years. There were three famous economists. Really three and a half right. You had proven and samson because they were in a in a national news magazine newsweek. Every every other week you had galbraith is books were popular and after that you kind of had canes an adam smith they were gone. It's around that as with long before of course but but that was it in other words. It's not like today. Where because of blogging. And the internet and podcasts and medium and sub stack dozens of economists that not all you know wildly famous but the opportunity to have a platform is so different and in those days they were they were kind of it. This is true. I one of the things i surprised about. I should have to deal with galbraith some late but actually as histories moved on calibrates been washed up. Of course he was was rather secretly despised by economists because he really wasn't an economist who was an agricultural economist. Whatever that is and he's also canadian so he was sort of quite right. There's something i used to hang out with him as the kennedy school harvard. And there's nothing nicer you know. Legs like being with a spider speaks lost and he was very generous and helpful. In biography. i read by margaret thatcher. When he gave me absolutely crispin wonderful quit so that high her economic policies made no sense to tea at the ritz. So he's a very nice to hang out with permanent influence. Galbraith's has gone liberty. reads and i think. The the lack of respect among the the tribe of economists was that he never pretended to try to play the jargon and equation game that that other colleagues did and so he was looked down on. I think fairly or not. But that is i think accuracy also company that had a very high opinion of itself which is why he didn't become the keynesian fighting with friedman newsweek. She'd been smarter about it. He would have realized that that was the way to maintain his reputation but instead to crammed. Well it's interesting to me that both of those men samuelson. Friedman took the job. You write something about their back and forth and they're wavering about a diverse dot. Sure whether it was a good idea. There is something tawdry. I think in academic circles particularly then less so now but particularly then that you would try to pop the riser ideas that was seen as sort of beneath a really first rate scholar. It's true it's true. That came out of britain. Knox's in cambridge would always very intellectually snobbish. They they didn't like i knew knew hadn't been talks cambridge facade which she's customized to design so samuelsson sorta played that game because he was a reject from harvard. The work you were talking about fantasia economic started off his phd thesis which stunned his supervisors. Who realized that he was way beyond them. I mean they look at each other then said i guess he's right. I mean seems plausible to me. Wonder kid yeah. But you would think that harvard grab it with both hands so this is the way that harvard's changed. I suppose if it has changed because he was jewish because there was an anti semitic head of the economics department. You wasn't offered a full lectureship. Which is why walked across the charles river and became the key star attend mitee when mit was just an engineering school. He transformed mit. He should be just statue of him at the entrance. That they know is important. But it's just shock academic worlds because they logic and it doesn't really fit reality. Most everyone put mitt in the top five academic departments economics departments in the world. It wasn't then it was a bold actually quite risky move at the time. I'm sure he was uneasy about it on. Tv eight thousand economics textbook. Of course four mit 's introduction to undergraduates. It's absolutely it's sort of eighteen year. Olds which is when he would have received.

galbraith kennedy school harvard friedman newsweek adam smith samson newsweek margaret thatcher crispin Galbraith harvard cambridge samuelson Friedman samuelsson Knox mitee britain economics department charles river mit
"samuelson" Discussed on EconTalk

EconTalk

06:00 min | 11 months ago

"samuelson" Discussed on EconTalk

"A synthesis which by the best of hike and the best of hanes or the best conservative and liberal economics together. But i didn't think i. In his own mind he was the inheritor of keynes's legacy and is chief proponent and no doubt from his writing of key textbook which all of us entendre gis read simply cold economics bipolar simonsen bestselling textbooks of all time written about this still being published and so being revised roughly in today's monday hundred fifty bucks a throw. He became a very rich man very very early. In promulgating keynes's legacy and the opposite was true of milton. I think milton in his mind but he deliberately set out to expose what he thought was the flaws in keynes's thinking and to this end he would do anything including he went very interesting slogans he spent in cambridge england. Hanging out with old keynesians yalta kitchen cabinet. That brought together documents at one by one. They became friends and corresponding friends to all in the hoover. Archive which is where whole milton's work to be all sorts of keynesians based unlikely people writing in a very friendly way to bilton because he wants to say he was using as the irritation but he was amazing. Charming man yes. He was seductive. Identity the pool samuelson quite had that he had an easy sort of patricia. Ann samuelson. they didn't have to watch milton. Address was agency a sense to know something important has to be decided by talking to the president may wear talking. Arguing is important. All saxon took much longer. Loftier have you Which the only thing i would add to your summary of samuelsson is it's true. He he was a keynesian. Certainly in the arab macroeconomics but his contributions to microeconomic theory which was not keynesians barely. Keynes's bailiwick at all. We're we're really league pathbreaking in the field. It's not my cup of tea. As listeners are will not be surprised to hear but his nineteen forty-eight book foundations of economic analysis is really a The crossroads of the profession where it turned toward the application mathematics to human behavior in a way that hadn't been done in that way before he was very young man. Sit incredibly impressive achievement And so in that sense. I think he had a much. Bigger impact on academic economics than melt did Milton's work that was influential. Academically was his his attack on the keynesian foundations. It really in macroeconomics and we'll talk about that. So i just go i. The milton had too much grander. I'm bishen really pull semi was economics. He was economics and that's his world was economics. Milton started off economics tied that in order to tell the tale that he wanted to tell in. Each broaden appeal needs to become popular. And he'll say needs to make it a political movement more than an economic movement. And i think when it comes to. For instance is libertarian ideas which would become much mainstream than they were when he was life he has transformed about. I say the republican party is now every. Bit as much libertarian. Party as it is a conservative party to claim that which is runs through your book. I disagree with a shocked to read it. Read we'll we'll talk about it. But i do think you're right that he distinctively had a vision in a way one of the earliest public intellectuals from the academy right there are many there. A lot of public officials. Galbraith was was also in this era. You referenced him a few times but he wasn't in the. He had an appointment at harvard but he wasn't. The academic influence that samuelson friedman were and eight goal clearly was to take his academic credentials and leverage those to have an impact on the public policy. And before we get to these issues of of of politics one of the parts of loved about your book is that the samuelson was forced take knowledge the state of economics with some honesty regularly because he had a bestselling selling textbook and one of the things. I really love about your book. Is that you periodically. Take a look at how. Milton is percolating into the into the text. Books so That's a fascinating window. It's a lovely bit of. It's like a case study essentially looking at those successive additions of sampson's book economics which i did also learned from As an undergraduate actually learnt. I also studied it in high school. Even i ever remember very vividly reading a chapter of it at the suggestion of one of my teachers and but because of that samuelson had to publicly state at least some version of what he thought where the profession was and our understanding of the economy. Start about how you did that. And what that was. Obviously the essence of the bucket. Just a side thing and it's a lovely from from point of view. There are two things which were for me amazingly valuable festival these eighteen years where they would play intellectual tennis plugging the bowl back across the matt and back and back and back which was fascinating to watch. They didn't talk to each other. They spoke through the readers if you like. They address readers which is a popular author like me.

milton keynes Ann samuelson samuelson Milton bishen keynesians bilton samuelsson cambridge patricia Keynes cabinet samuelson friedman england republican party Galbraith harvard sampson tennis
"samuelson" Discussed on EconTalk

EconTalk

05:05 min | 11 months ago

"samuelson" Discussed on EconTalk

"History that just shoveling stuff out the door. But they've got each other pretty well considering that they had very different views as world. They've been rather envious of each other many respects certainly milton. Always that It rather easy and that's really because he wants scholarship. After scholarship after scholarship and milton took rather longer ride to get much the same case. I think the milton is also of samuelsson's that easy air was established. Society nelson was outsider. Always liked that suited him. The oyster milton enjoyed that. Bruce friedman milton's energetic wife constantly topic samuelson living too high on the hog under milton. Had to put out with only a second open amaze me they both won nobel prizes. Yes they pretty well. In person on the page they were cooler towards each other. what might expect because they representing different tribes. If you like there's no died. There was an intense personal rivalry however friendly they were. And even after years after milton's steph pulls was still kicking his corpse he could not resist giving another little jab. We'll come back to that. I gotta remark on that. Yeah it's true Same when when milton tied. There's a sweet letter written by samuelsson to rose saying i lost a wife and you'll find that will always be with you. He'll be there and say don't worry about that he's still he's still looking for my shoulder to and that there's there's a great won't actually beyond the obvious product. Steely rifled a fist fighting. This have you been as much as keynes hayek for each other. And then they became close friends. Of course these guys were close friends but they was maintained civil relationship so they show that there was never any trite slagging on the other hand pesto lettuce but very often Very often sarcastic very often unforgiving. I think but you have a lot of examples from both men of correspondence where they were. They treat each other with respect. And i think regardless of of the differences in their ideologies and perspectives on economics There there was certainly at a minimum grudging respect Because of the success of both of both in in there in the career in the field they both share. Yeah let's let's start with prominent. I mean number one. You could argue. Who is more influential more important. But in their lifetime both the each other was the most important rival outside of they won't release living rival considered their plays in in a an. Interestingly actually they profess to be keynesians in the end we'll sort of what hayek said was that actually they. They were both keynesians. They were the to each other that he wants to either of them. And that's sort of true i. I think it's worth more methodological. I think milton offense staked out keynesian ground because he wanted to fight on his opponents home turf any fell to give me more effective if he couched his work is intellectual work not as political full software but his his intellectual work. I think he tried very much to beat canes at his own game hayek did also of course and and excuse me Yeah i acted also gore said he. I think failed whereas i think milton had much better success rate so as much as i like. I think there might be a personal thing in that remark. but let's talk about their intellectual legacies. I'll start with samuelson. How would you summarize samuelsen's contributions. i think he said in a way complete. What kinds of left behind kind of died prematurely and left a lot of questions unanswered and for samuelson it was a matter of completing the work filling the gaps in and laboriously rights paper off to paper after paper journal papers filled in every single aspect worked mathematically in order to show exactly why these bits and pieces of the economy worked. I was endless to him. It was just like coloring in a coloring book. You know had to finish the whole portrait. Today it was left gun and he found himself defending he thought himself the high priest. I think it's keynesianism. He disguised it by saint. Louis actually you..

milton samuelsson Bruce friedman milton samuelson keynes hayek steph nelson Steely hayek rose samuelsen paper journal gore Louis
"samuelson" Discussed on EconTalk

EconTalk

01:35 min | 11 months ago

"samuelson" Discussed on EconTalk

"Paul samuelson and milton. Friedman had in common. Yes it's extraordinary. They were the greatest rivals on ziff twin separated birth. They were within a couple of years of each other. They both have very similar backgrounds. Both jewish but nitrogen practice. Today's in a serious way as they grew up. But that civilized bubble was surrounded the mo ways they wrote they understood each other instantly. They went to the same university. Samuelsson was precocious child and all that he was two years younger than he was in the same year. This milton so they literally shave shared the same class and they headed off into the great weld together with both you'd imagine identical views it's world but in fact they had very shop different views of the wild one. Ted left one right. How did they get along. And of course talk about how they were in the public eye. Each were alternating week weekly columns at newsweek for for a long time How did they get along in person. How did they get along in print. And i'm curious how. How much did you read. All of their columns eighteen years with columns. Yes i did. Yeah yeah. I mean a lot of to tokyo relevant by today because you really work out. What was going on at anytime. You a weekly call is not enough time really..

Paul samuelson milton Friedman Samuelsson Ted newsweek tokyo
Los Angeles Lyft Driver Left Bloodied in Violent Attack

The Morning Show with Orion Samuelson and Max Armstrong

00:26 sec | 11 months ago

Los Angeles Lyft Driver Left Bloodied in Violent Attack

"And an early morning attack left the Los Angeles area lift driver with a serious head injuries and led to calls for more support from lifting Uber Dash Cam caught audio of the violent assault of the driver, E Lu just over a week ago outside a bar in Riverside County outside L. A. The attack left and bloodied and bruised with a head injury, which required stitches. The passenger was said to be a DJ. And just before the attack, Lou had told him he had far too much equipment. To fit into the trunk. The incident led to the arrest of a 23 year

Los Angeles LU Riverside County LOU
Biden Administration Extends Student Loan Payment Pause

The Morning Show with Orion Samuelson and Max Armstrong

00:26 sec | 11 months ago

Biden Administration Extends Student Loan Payment Pause

"On federal student loan payments has been extended until January. 31st 2022. The freeze was activated at the start of the pandemic in 2020, as the federal government worried that millions of debt holders would default on loans to the job loss in the down economy. Education Department officials have extended the pause under the Biden administration and former President Trump's administration several times. Most recently it was set to expire September 30th, the White House says. This is the final time they will extend the past on

Biden Administration President Trump Federal Government Education Department White House
Off-Duty Officer Shot in Chicago's Calumet Heights

The Morning Show with Orion Samuelson and Max Armstrong

00:46 sec | 1 year ago

Off-Duty Officer Shot in Chicago's Calumet Heights

"Reward is being offered for information leading to the arrest of suspects who shot an off duty Chicago police officer Monday and kill you Met Heights Legion, Steve Roxton with that story, Investigators say the officer was stopped at a traffic light just after noon at 89th Street and Stoney Island Avenue when two gunmen fired into his vehicle striking him in the abdomen. The officer was rushed to the hospital, where he underwent surgery and was in fair condition. A two state police say they The Black Mitsubishi Eclipse Cross wanted in connection with the shooting abandoned near 92nd Street and Williams Avenue in Kalyan, Man Heights shortly after the car was found. Police also released surveillance video of two people in connection with the incident. They allegedly drove off in the car after shooting the officer Steve

Steve Roxton Black Mitsubishi Eclipse Cross Chicago Man Heights Kalyan Steve
Chicago-area restaurants ready to reopen for indoor service again, while others will stay closed

The Morning Show with Orion Samuelson and Max Armstrong

00:53 sec | 1 year ago

Chicago-area restaurants ready to reopen for indoor service again, while others will stay closed

"Cook Cook County, County, Jeff Jeff Lawler Lawler owns owns Gay Gay Ha's Ha's Cafe Cafe near near Lincoln Park Zoo. I think there will be restaurants, we're going, we're doing it, okay? And then there's going to be a lot of restaurants and say, OK, let's put on the brakes waited this law. Let's just do it right And that's the approach. The K House is chosen. They're indoor timing will remain closed until at least Thursday, after we arguably bringing them way want to have them tested. Okay before they come in. We need to order the appropriate amount of food and wines because we haven't had the need for much food as we will. State health officials say all of Cook County is on track to reach Tier one mitigations by today. That means bars and restaurants that sell food could against her of customers indoors. A 25% capacity with table group sizes capped it. Four people, gyms and fitness centers could reopen at 50% capacity. Man and two teenagers now facing charges for a

Cook Cook County Jeff Jeff Lawler Lawler Gay Gay Ha K House Lincoln Park Zoo Cook County
6 people wounded in Burnside, Chicago, shooting

The Morning Show with Orion Samuelson and Max Armstrong

00:29 sec | 1 year ago

6 people wounded in Burnside, Chicago, shooting

"Six people were hurt in a shooting this morning and Burnside on the south side. About 12:25 A.m.. They were at a gathering in the 8900 block of South Cottage Grove Avenue. When a person walked in and started shooting, Chicago police say a 41 year old man was hit in the abdomen. He's at University of Chicago Medic Medical Center in serious condition. The other five victims range in age from 28 to 48 years, and they are all hospitalized in fair condition. No. One's in custody. Area. Two. Detectives are investigating that shooting

Burnside University Of Chicago Medic Me Chicago
Covid: FDA approves Pfizer vaccine for emergency use in US

The Morning Show with Orion Samuelson and Max Armstrong

01:59 min | 1 year ago

Covid: FDA approves Pfizer vaccine for emergency use in US

"Me give you the good news, which you've been hearing this morning, but a little more detail that I ever seen. You're on Reuters The United States said it authorized the use of visors covert 19 vaccine yesterday, with the first inoculations expected within days. Marking a turning point in the country where the pandemic has killed as you just heard more than 295,000 people. But the U. S Food and Drug Administration granted in emergency youth, the use authorization for the vaccine. Developed with the German partner bio intact, which was shown to be 95% effective in preventing the disease. In a late stage trial, and it said the vaccine can be given to people. Who were 16 years old or older. Health care workers and elderly people in long term care facilities are expected to be the main recipients. They first round of 2.9 million doses this month. The Bio and Ted chief executive said the vaccine quote will help to save lives across the United States and could accelerate a return to normality. I keep wondering what the new normal is going to be like. But US health authorities shipping services hospitals, pharmacies have been Readying a nationwide inoculation campaign advisor said it would start shipping immediately, and state public health systems have been planning to begin shots. As early as Monday.

U. S Food And Drug Administrat Reuters United States TED
You Get What You Pay For

Fit Stoic

04:45 min | 1 year ago

You Get What You Pay For

"All right. welcome to the show. I'm cory samuelson. So i have a bit of a challenge today in that i have less time than i usually would to record an episode so i am under a bit of a time constraint and i'm just going to get right into this and we'll see how this turns out it's going to be interesting. This is chapter. Twenty five of the gym caribbean. The title is you. Get what you pay for begin. You get what you pay for if you don't pay the price don't expect the result even on paying that price. There's no guarantee of outcome in conditioning. The body people will go to great lengths to create the results. They desire and they may well succeed. It comes at a cost a champion bodybuilder with all their muscle mass will never be a champion marathon runner with their lighter build and vice versa. At least not if they choose to continue training as they do even with all the appropriate choices along the way genetics environment and other factors outside. The bounds of self control influenced the outcome. Now you look to someone with the physical conditioning. You would prefer to have for yourself. Did you make the same choices. Have you put in the same effort. Place yourself in the same environment. Also what of your genetics. Your height the set of your femur within your hip sock your ability to digest lactose. We are not all dealt the same cards in life. Each unique circumstance requires independent. Well reasoned thinking. Just don't make the mistake of saying. I could have done. They've done if i wanted to. You didn't want to else. You'd have made different choices and be living a different life. If you're truly serious. Get to work. The excellence you would live is available in this moment. it will not necessarily. He'll the outcome you prefer. This will take effort over the long term and is not simply a matter of choice but the price remains to be paid regardless and quote. This is a fairly easily understood chapter. And there's a common saying out there in the world. I don't know who started at tour where it came from but basically there's no free lunch. Everything costs something. The common theme here is that whatever it is that we would like to experience. There's going to be a cost to be paid as i was developing stoke strength as a method and a bit of a philosophy in itself. I was looking very carefully at the terms. And the words that i was using it and the concepts that i thought were the most important to get across as it recap the way i define stoic. Strength is operating with virtuous self control in the moment of choice. Now when i used that term virtuous self control sometimes that can be a little confusing or at least not be that clear to people who don't follow stoic philosophy or think about ethics and morality and whatnot. So another definition that i use for stoic. Strength is operating with excellence. In the moment of choice now this again has to do with virtue. The definition of virtue can be thought of as excellent. We all have a concept of things that are unsatisfactory or poor quality and something that is excellent so from virtuous self control to excellence a little bit easier to understand an interesting little knock on effect of changing that definition just that little bit from virtuous self-control to excellence. I realized that operate with excellence. She take the first letters that turns into the word o. As in a debt. That must be paid and i realized

Cory Samuelson Caribbean
"samuelson" Discussed on WGN Radio

WGN Radio

01:56 min | 1 year ago

"samuelson" Discussed on WGN Radio

"N Here's Orient Samuelson, and it continues to be a mixed market on Wall Street, the S and P 500 the NASDAQ dropped today. As excitement over signs of a first successful late stage. Covert 19 vaccine trial faded and investors continued to pull money out of some big tech companies that have benefited most from the endemic. Amazon and Facebook and Microsoft, which had flourished from this year's work from home shift and bomb word. Wall Street to new highs extended yesterday's losses, and it pulled the tech heavy NASDAQ down about one and a third percent. The main US indices hit new peaks yesterday as encouraging data from that late, stage covered 19 vaccine trial spurred beds of the swift economic recovery next year, but that enthusiasm fading somewhat today. And also beauty incorporated top gang Anders on the S and P. 500 with a 7.3% jump after the cosmetics store chain signed a long term deal with Target Corporation. To open its own stores at the big box retailer locations Apple ed fire ahead of the event later in the day, where it's expected to unveil New Mac computers using its own in House processor chips. And so the numbers on Wall Street now industrial average is up. 224 points the S and P 500 down nearly a point and the NASDAQ is down 103 points. Grain market..

Orient Samuelson US Target Corporation Amazon Anders Apple Facebook Microsoft
U.S. Breaks Coronavirus World Record as Infections Reach 100,000 in Single Day

The Morning Show with Orion Samuelson and Max Armstrong

00:43 sec | 1 year ago

U.S. Breaks Coronavirus World Record as Infections Reach 100,000 in Single Day

"A new all time high for Corona virus cases confirmed and a single 24 hour period yesterday, reporting just over 100,000 new infections. You surpassed the record total of 91,000 posted a day earlier. The caseload of 100,233 Is also a world record for the global pandemic, surpassing the 97,894 cases reported. By India on a single day in September. And then

India
"samuelson" Discussed on WGN Radio

WGN Radio

02:42 min | 1 year ago

"samuelson" Discussed on WGN Radio

"Samuelson. Stock market is recovering from earlier losses today as a matter of fact on big tech games and upbeat economic data. The story is that after a sharp pullback yesterday as investors piled into technology heavyweights ahead of their earnings reports Upbeat economic data is overshadowing worries about the surging Corona virus cases. Apple AMAZON alphabet Google, which have seen a surge in demand for their products and services from people staying at home during the pandemic. Moved higher today. Their results come after the closing bell Today, and social media companies Facebook and Twitter, which also report later today, jumped about 5%. Each communication services, materials and technology rose about the major S and B's sectors. And so the numbers at this time, the Dow industrial average of 56 points the S and P. 500 is up 29 points. The NASDAQ is up 167 points and the Vics Volatility index at the CBO E. Is down three and I have points. Today's trade, checking some of the grain prices at the Chicago Board of Trade today. The December wheat contract is down. 2.5 cents a bushel. December corn is down a penny and three quarters of bushel and the November soybean contract down four and the quarters since a bushel. And the livestock Futures Chicago Mercan Deal Exchange the December Li Na gun practice trading lower its down 72 cents, hundredweight. But cattle trading higher. The October Live cattle contract is up 92 cents on Broadway and the October Peter Tattle contract is up. Dollars, seven cents, hundredweight. We'll take a look at some of the export sales of brains a little bit later today, But for now, that's your money on 7 20 w GM and I'm Lauren Latka on Chicago's very on 7 20 wg and entrust business lunch right around the corner. We'll start with the stocks and the jobless numbers. They aren't as bad today is they were yesterday. And also.

Chicago Board of Trade Chicago CBO Samuelson. Stock Lauren Latka Facebook Apple Peter Tattle Twitter Google GM
"samuelson" Discussed on WGN Radio

WGN Radio

02:45 min | 1 year ago

"samuelson" Discussed on WGN Radio

"Samuelson and to split the screen on Wall Street. At the moment, the Dow industrial average down 17 points for they But the S and P 500 is up 17 points for the day and the NASDAQ composite index up 138 points. Meanwhile, vics the volatility index of the CBO, we is down, too, and they have a point. Apple, Amazon and alphabet Google, which have seen a surge in demand for their products and services from people staying at home during the pandemic. Up anywhere from 6/10 of a percent to two and the third percent and that's ahead of their results That will be out after the closing bell of today's trade. Checking some of the stocks on our Midwest list today that we keep an eye on the Abbott Laboratories Stock Down 94 cents a share. Caterpillar Up $2.18 CF Industries Up 66 sent General Motors up 62 cents Harley Davidson of 20 board. Sense all say of 38 cents a share, and the Boeing company today is trading generally a little bit lower. In the McDonald's Corporation stock is just 19 cents higher. Grain Trade Chicago Board of Trade Today. The December wheat contract is trading lower its down 11 her down three and three quarter cents a bushel. In the December corn contract is down two cents a bushel. November soybeans down three cents a bushel. Livestock futures Chicago Mercantile Exchange the December Li Na gun tracked down 87 Center hundredweight. The October Lloyd cattle contract is up. 80 cents on Red Wait and the October Peter Cattle contract is up. 87 cents Hundredweight Not your money on 7 20 W gm and I'm Lauren Latka on Chicago's very own 7 20 wg and one of our listeners had a question and We've dealt with this before. But I hesitate to give answers because I'm not the authority. We're about to hear from one. He's gotta mail in ballot. Now he's nervous about mailing it, and he wants to put it in that safe box. Is that okay? Is there anything else that needs to happen? What's the rule on? That will answer that after this. Does.

Grain Trade Chicago Board of T Harley Davidson Chicago Mercantile Exchange CBO Abbott Laboratories Samuelson Chicago Boeing CF Industries Lauren Latka McDonald's Corporation Apple gm General Motors Google Amazon
Topics for 3rd presidential debate released

The Morning Show with Orion Samuelson and Max Armstrong

00:25 sec | 1 year ago

Topics for 3rd presidential debate released

"For next week's presidential debate around news nation has the details. Fighting covert 19 American families Race in America. Climate change, national security and leadership. The debate is next Thursday and runs for 90 minutes without commercials. News News Nation Nation will will carry carry the the debate debate Live Live on on W W G G N N America. America. As As well. well. Azad Azad News News nation nation now now dot dot com com and and the the news news Nation. Nation. Now Now APP. APP. The The

Azad Azad America W W G G N N America
Trump begins Remdesivir therapy while spending the night in the hospital

The Morning Show with Orion Samuelson and Max Armstrong

00:39 sec | 1 year ago

Trump begins Remdesivir therapy while spending the night in the hospital

"And the first lady announcing they tested positive for the Corona virus. Friday night, we learned President Trump's campaign manager, Bill Stepien and former adviser Kellyanne Conway have also tested positive. The president will spend the next several days at Walter Reed Medical Center outside Washington. As for treatment, the president has reportedly been injected once with an experimental drug combination to fight the virus. And he is on rendez severe therapy. The president posted a video statement on Twitter before boarding Marine one. I want to thank everybody for the tremendous support. I'm going too watery hospital. I think I'm

President Trump Kellyanne Conway Bill Stepien Walter Reed Medical Center Twitter Washington
Three People Shot Inside Ukrainian Village Barbershop, Chicago

The Morning Show with Orion Samuelson and Max Armstrong

00:31 sec | 2 years ago

Three People Shot Inside Ukrainian Village Barbershop, Chicago

"Police are looking for two men who shot three people at a barbershop in Ukrainian village captured on Facebook live. Police say they walked into the MVP cuts on North Broadway and shot an 18 year old man, a 20 year old woman. Also 52 year old Timmy Adam's Qi Qi Sha is that woman's daughter Rama get shot today. Her mother is recovering in the hospital. It's unclear if the three victims were

Timmy Adam Facebook MVP
Ex-Angels employee charged in overdose death of Tyler Skaggs

The Morning Show with Orion Samuelson and Max Armstrong

00:28 sec | 2 years ago

Ex-Angels employee charged in overdose death of Tyler Skaggs

"Charges have been filed against a former Los Angeles Angels employee accused of giving drugs to a team member who died ABC Salik Stone It was last summer when 27 year old pitcher Tyler Skaggs died. Natexis Hotel Room before the Angels were set to play. The Rangers had overdosed on fentanyl. Now a former Angels employee has been charged in Texas with distributing fat Nolan connection to Skaggs DEATH Eric K. Had worked in the Angels Media Relations Department. Thousands

Los Angeles Angels Angels Tyler Skaggs Angels Media Relations Departm Natexis Hotel Room Fentanyl Rangers Nolan Texas Eric K.
2 women, both 19, shot and killed on Chicago’s Far South Side

The Morning Show with Orion Samuelson and Max Armstrong

00:15 sec | 2 years ago

2 women, both 19, shot and killed on Chicago’s Far South Side

"Chicago police are looking for a shooter who killed two nineteen year old women late Thursday on the city's south side happen near eighty seventh in Essex around eight thirty someone called nine one one and reported shots fired responding officers found their bodies inside a parked

Essex Chicago
Glassdoor lays off 300 workers in Chicago due to COVID-19

The Morning Show with Orion Samuelson and Max Armstrong

00:31 sec | 2 years ago

Glassdoor lays off 300 workers in Chicago due to COVID-19

"Website that lets current and former employees review their companies is cutting thirty percent of its staff and it'll impact workers in Chicago WGN steeper trend reports glass door a popular employer review platform is laid off three hundred workers Chicago in reports that includes workers in Chicago we're glass doors presence had been growing reports say there are about three hundred workers in the city and last year glassdoor it announced plans to hire about five hundred more the company says the cuts come after lost revenue because of the pandemic

WGN Chicago Glassdoor
"samuelson" Discussed on WGN Radio

WGN Radio

04:19 min | 2 years ago

"samuelson" Discussed on WGN Radio

"You but orient Samuelson with you as we are every Saturday morning here on WGN radio Chicago and just catching up on some of the news headlines the the headline but I didn't realize that the yesterday of for the first time in a long time president trump left the White House when is marine one helicopter left the south lawn that was the first time the president has left the White House grounds since March twenty eight March twenty eight twenty visited Norfolk Virginia to see if the U. S. navy hospital ship comfort set sail for New York harbor and then the other headline this morning speaking of world leaders the president of North Korea who has sort of disappeared from sight to the past several weeks Kim Jong moon E. as showed up according to the press services in North Korea he attended the completion of the fertilizer plant in the region north of the capital Pyongyang in the first report of his public activity since April eleventh Reuters however in the Terry the story said it could not independently verify the reports from North Korea but according to the report Kim cut a ribbon at the ceremony yesterday and those attending the event burst into thunderous cheers of haram for the supreme leader who is commanding the all people general Marge for accomplishing the great cause of prosperity that's the quote of the Korean news service and Kim expressed satisfaction about the production system of the fertilizer factory saying the plant made significant contributions to the progress of north Korea's chemical industry and food production see what you can learn with today's technology I've never had that story goes the years ago because we wouldn't have the technology available together to was speaking of technology I mentioned to map earlier that the the future of the county fair season is still in question for a lot of county fairs but yesterday yeah I have a long talk with my very good friend Andy Grove said I former president of the national cattlemen's beef association a rancher in North Dakota are in the Arizona about a hundred miles north of the capital of the Phoenix and he told me that their county fair was under way and a Yavapai county Arizona but it was being done virtually that's right they go out to somebody does maybe the for a teacher or FFA member who has the animal but before the scheduled fare of the shoot video tape of the animals they would normally lead in to the show ring at the county fair and the ladies who played video of that and then the judge Cannell drugs from California sits down and looks at the video tape of the animals that the poor racers and FFA members are showing or would they have shown that the player and then that they do they're judging them from there interesting some of the changes in our lifestyle but we're going to see because of the pandemic but you we're going to talk gardening is we do every Saturday during the growing season here on WGN radio Jim because elves standing by you and he'll join us when we continue here on the Saturday morning show China is relaxed the best of classic TV right the voters place Ellis and Barney Miller for.

Samuelson
Protesters Converge on Chicago’s Loop as Extended Stay-at-Home Order Begins

The Morning Show with Orion Samuelson and Max Armstrong

01:26 min | 2 years ago

Protesters Converge on Chicago’s Loop as Extended Stay-at-Home Order Begins

"Hundreds of people in Chicago voice voice their their opposition opposition to to governor governor Pritzker's Pritzker's extended extended stay stay at at home home order order the the largest largest protest protest and and counter counter protest protest in in the the city city was was held held with with the the governor governor starts starts his his day day each each morning morning W. W. chance Kelly Davis reporting from outside the loop stops and center it's been a long show for weeks Brendan Harris is the founder of freedom movement USA the organization plans this protest calling on governor Pritzker to end illinois' stay at home order without forty one forty two days into this they've got no answers no results in either breaking their own policies and procedures hundreds of people packed the sidewalks outside the Thompson center holding signs and waving flags activists argue the governor's lockdown orders have gone too far they're ready to go back to work there are plenty of small business owners they could be operating right now in a safe manner but the governor has kept them close town protesters also showed dozens of cars rolled down Randolph street for a drive by rally they support state leaders are saying it's too soon to reopen the economy it's way too soon to be about re opening I think you know it's very callous position to take I think instead we need to do a lot more to protect one another we need mutual aid and solidarity the rally went on as governor Pritzker gave his daily briefing he says he defends the protesters right to freedom of speech but they're wrong yeah they're just saying open everything up they have some concept that somehow that's going to be safe for everybody

Kelly Davis Brendan Harris Founder Governor Pritzker Illinois Chicago Governor Governor Pritzker W. W. USA Thompson Center
Chicago City Council approves emergency powers ordinance

The Morning Show with Orion Samuelson and Max Armstrong

02:01 min | 2 years ago

Chicago City Council approves emergency powers ordinance

"Aldermen approved broad spending powers for major life could be used during the pandemic it was called spoke though just twenty nine to twenty one during a virtual council meeting WGN's Kelly Davis reports the people should govern did not vote for unilateral decisions no matter who they were it was a local all the men of the mayor they voted for accountability and transparency alderman Lopez is one of several critics of the emergency spending ordinance opponents say it's an unnecessary power grab leaving the council in the cold during the city's code nineteen response and here here in in Chicago Chicago we we have have seen seen the the disasters disasters the the backs backs of of when when we we trust trust the the mayor mayor to to be be Chicago's Chicago's sole sole decision decision maker maker and and authority authority what what is is it it that that we we do do with with that that money money and the council I believe that we should have the ability to appropriate those dollars and that not be strictly an executive decision the ordinance allows the mayor's administration to move money within the city budget to pay for covert nineteen expenses without council's approval they can also sign contracts under one million dollars for pandemic related needs the fact we're all dealing with global pandemic justifies us allowing these unique powers for a limited amount of time alderman Reilly voted in favor of the emergency spending powers he says that's because the mayor tweaked the original ordinance terminating it on June thirtieth and the budget director will have to give city council weekly reports I I look at this says riding shot gun but allowing the administration the flexibility they need to be nimble to negotiate contracts for P. P. and for testing supplies I think that's important the mayor says the spending powers are needed to allow the city to act swiftly in response to this global pandemic what the twenty nine voted for was to make sure that we continue doing everything we can to keep our residents safe this time a pandemic and the continued to have a sense of urgency around the measures that are needed to do just that

WGN Kelly Davis Chicago Alderman Reilly P. P. Alderman Lopez Executive Budget Director
"samuelson" Discussed on WGN Radio

WGN Radio

05:08 min | 2 years ago

"samuelson" Discussed on WGN Radio

"With the orient Samuelson with the agriculture this story today that's not making ethanol producers or the corn growers of America happy trump administration says it will stick with its current proposal on twenty twenty bio fuel blending requirements despite criticism in farm country that the plan fails to compensate for the administration's expanded use of but refinery waivers and the issue could undermine support for president trump in the upcoming election and particularly among corn farmers and bio fuel advocates White House economic adviser Larry Kudlow told me I would corn growers association the yesterday the administration will proceed with the environmental protection agency's October proposal for addressing refinery waivers farmers and bio fuel producers have said that plan doesn't go far enough to make up for the wave two gallons so that will not be making producers happy something that did though of the house the yesterday approved an additional nineteen point six million dollars in funding for more agricultural inspectors have the land air and sea ports to prevent African swine fever and other foreign animal diseases from entering the United States this funding included in the fiscal year two thousand twenty department of homeland security appropriations bill is a top priority for the national pork producers council because with the spread of African swine fever that is taken about half of the heart but the elation and the world's largest producer China and taken about half of their hard numbers it's important to keep them disease of the United States agriculture students and the Illinois farm bureau members and their children are encouraged to apply for seventy six college scholarships offered by the I a a foundation the charitable arm of the old old Illinois farm bureau scholarships ranging from a thousand dollars to seventy five hundred dollars will be awarded in total of a hundred eighteen thousand dollars for the twenty twenty twenty one the school year and that's your money on seven twenty WGN thank your in it's time now to check in with Frank Senate from cranes and Frank how are yeah how are you fantastic Sir you know what let's start with this says moved to delay the Chicago we'd sales on this is actually something that's deeper trend mentioned and his that news report but that Phyllis in a little bit more especially on what to alderman J. send Irvine is wanting well we are actually right about city council is about to have the local boat is yes people yes that means the we've sales will be delayed and no means the item fail so he probably you know during this segment within the next few minutes one now if this goes forward or not and basically the proposal is to delay the start of legal marijuana sales in Chicago in order to create some more equity in terms of the make up of the of the owners and operators of these facilities and you know majority it white owned businesses and and wants to get some minority owned businesses and in the industry yeah this integral culinary allowing Kurdish cell that you know turns out of fantastic definitely so I love that were distracting you from this but Steve Burke trend is on it so you're gonna be okay Frank this is part of that alderman urban is part of the twenty member Chicago aldermanic black caucus on water I know the you win over some of it that they wanted to make sure that this is equitable to all communities but what are some other concerns yeah so golden Brandon Reilly's also and as an opponent of of pond in the sales he said that the the the ordinances vaguely worded but urban says the medical dispensaries already license would still be allowed to operate but just wanted to keep the new ones Intel the ticket can tell there could be some more equity in the ownership a also asked the current eleven campus owner space stronger scrutiny and help these but they do not meet the required social equity guidelines in this proposed ordinance and what's the governor's office saying and what's the mayor saying.

Samuelson
"samuelson" Discussed on KQED Radio

KQED Radio

02:03 min | 3 years ago

"samuelson" Discussed on KQED Radio

"Marketplace's Tracey Samuelson reports app developers want slash neat to have their products in the apple app store because that's where Apple's customers have to download apps. John Butler is a telecom analyst at Bloomberg intelligence. The small guy actually has a shot. Thanks to the apple app store 'cause they get on a platform where there. There are a lot of eyeball, and they get distribution that they otherwise wouldn't be able to generate on their own. But apple takes a cut thirty percent for one off purchases and for the first year of subscriptions. It's actually pretty common business model says every gardener at the center for democracy and technology think of a grocery store where our food manufacturers pay slotting fees to get their products on the shelf and where they pay for the right to promote their product in the produce section. The issue here is whether that fee is unfairly high Spotify thinks it is and has asked European regulators to look into it net. Netflix doesn't allow users to purchase subscriptions through the app store anymore. They have to go to its website. And that could be a problem for apple and Google, which charges a similar commission for its app store. People don't realize how big outdoors have become an important. They are for profitability. Then Schachter an internet analyst at MacQuarie says apple would take a big hit. If it had to cut its commission say by half. Could impact their overall profit but somewhere between seven and fifteen percent for one of the world's largest companies at quite a lot of money. But he thinks that's exactly what might happen that both apple and Google will eventually have to cut their fees. I'm Tracey Samuelson for marketplace. On Wall Street. Yeah, I already gave it away. But we'll have details when we do the numbers. It's been.

Apple Tracey Samuelson analyst Google Schachter Bloomberg intelligence John Butler Spotify Netflix MacQuarie fifteen percent thirty percent
"samuelson" Discussed on KQED Radio

KQED Radio

07:27 min | 3 years ago

"samuelson" Discussed on KQED Radio

"Ryssdal. Wednesday, the seventeenth of April get as always to have a long everybody to possibly slash probably inter related items with which to begin on this Wednesday item. The I will learn this morning that the Chinese economy grew six point four percent in the first quarter. That's from your earlier and for those not keeping score at home that is more growth than a whole lot of people expected item number two from the Wall Street Journal. There's talk that there might be some kind of U S China trade deal signing ceremony come late may or early June, which gets us to the synthesis part of this program. How does news item one Aera covering Chinese economy fit into news item to Chinese trade talks? Marketplace's Tracey Samuelson gets us go. The question is whereas China's economic recovery coming from and the answer is mostly government knit concentrate. China researcher at the rhodium group economic. Over the past three years has been. De leveraging effort that the government pursued to reduce debt. China had been trying to tamp down on lending to boost its financial stability, but as growth slowed last year its priorities shifted to boost growth, it's now encouraging London particularly to Chinese corporate. What was previously? A stifling affect has. Now become a driver of growth again corporate borrowing has shot up to a six year high according to data from the China beige book, which tracks the country's economy by serving thousands of Chinese companies Shahzad. Khazei is its managing director is almost entirely a credit driven or credit recovery. What you see is that anybody who wanted alone in Q one got one that is really what has propelled this coupon. One recovery administration had previously argued that China's weakening economy would motivate Beijing close a trade deal. So the question now is whether that leverage goes away with its current economic rebound doesn't think so he says China's still wants an agreement each preside trade policy. Professor at Cornell, agrees the. The US to has some leverage over China because China clearly wants to deal, but cautions US doesn't have a huge advantage in these negotiations. Either the White House also wants to deal US financial markets also seem to have been boosted by the prospects of L S, China trade deal. So I think it could have negative effect on both financial markets and economic activity in both countries. If it be listener struck says the question continues to be what that looks like and how comprehensive it might be. I'm Tracey Samuelson for marketplace. Okay. Tracy having done the, synthesis. We now move to practical application as in what does all of this American trade policies are committed spring two thousand nineteen what does it mean for people out there actually running businesses for that we have gone to one of our Goto Goldenberg is the president of the Delaware steel company, Pennsylvania. Lease. It's good to talk to you again. Great to speak with you. Let me give you the first and usual, Lisa Goldenberg. Question has business has steal these days. I give it a fair. Disappointing is a better way of saying. I'm not down in the dumps because I rarely get that. But I'm just things are not coming along as they should be. This should be a pretty busy time of year. And I'm disappointed to say the things are not as robust as expected. How come what's going on? You know, I it's tough. I I gave a very strong first-quarter forecast. And I completely blow. It on humbled to say, I guess that happens from time to time all the indicators gave us reason to believe I quarters always strong in this would be equally strong, and it just wasn't. I think manufacturing volumes a little bit down. And I also think that margins are really getting squeezed. It's difficult to say why chaos fatigue? I think the world is chaotic. Yeah. That's where I was going to go. I was going to ask you to quantify uncertainty. Right. Because here we are year in the Trump administration's trade program tariffs, and people are still suffering it out, we know what's going on with China. How big a deal is uncertainty or as you just called it chaos fatigue. Well, I think it's a continuum where you first start when there's chaos it's excited and people scrambled to buy or to take positions because it could get. Really bad. Right. So if I told you that drought was coming. You've run him by water. But if after a year drought wasn't coming. You wouldn't buy that much water? And after a while you start to think what about the water I have, and I better start drinking that and do I need more. And at the same time the administration saying we're gonna have a deal any minute. So not only drought not coming. But in fact, you might have an endless supply of water. So how much water would you go by? So it's the same thing with steel and the fatigue is nobody knows how to plan. Everyone's numbers are just it's dramatically off. So something to change. I'm going to ask you a personal question here. You're ready. Go for it. I'm pretty open. I I know are that's why I feel. How how long have you been in the steel business nineteen eighty-seven show without putting any of those? This is unprecedented in and all my goodness. It's cataclysmic is this one of the most unusual period you've seen in in your industry. No in that sense. That's a fair question. We've been in horrible feel markets scary downward spiral. No end in sight. This is not that. This is something in highly different. I speak to people all day who think the administration is doing a great job. They just want policy, and I gotta tell you in manufacturing. There's kai. There's a lot they just got unbelievable tax credits. So it's been a huge boost manufacturing and people who really dislike the, you know administration. They're saying well, okay. I don't like you. Gimme some policy. So I can make a plan. How much is this chaos slow down? And I'm talking just simply dealing with paperwork and all the tariff exclusion request and all of that stuff that comes along with this. Okay. It's so burdensome, so I had them waiting for months to steal for steeled across the border from Mexico to the United States and the answer. I'm giving day after day is you'll just have to wait your turn. It's really there is no proper way to handle the paperwork, so steel sits I got a call very good Canadian customer screaming the other day, the paperwork was taking forever to cross the border and blaming my team, and we worked with Canadians two hundred years Certa effortlessly, this is a new drama suddenly were can battle with our trade partners. It's bizarre. It's craziness. Lisa goldenberg. She is the president of the Delaware steel company of Pennsylvania. Lisa. Thanks much. We'll talk to you. Thank you so much happy spring. It's gonna it's gonna improve down the southern end of this island today on a lovely spring day. It has to be said traders were mostly black. We'll have the details when we do the numbers..

China Goto Goldenberg US Tracey Samuelson U S China Wall Street Journal Aera Delaware president London Pennsylvania researcher Trump administration Beijing Cornell Lisa Khazei Tracy White House
"samuelson" Discussed on KCRW

KCRW

01:42 min | 3 years ago

"samuelson" Discussed on KCRW

"I'm Tracey Samuelson in for David Brancaccio gap said last night, it's spinning off its successful budget brand old navy into a separate public company. Marketplace's we're not a sago is here to chat about what's behind the split. We're not up. Why this move? Navy is doing very well. The brand alone brought in eight billion dollars last year. That's nearly half of gap. Ings overall sales. Oh, he's been really good at competing in this era of cheap fashion. The brands price points are low. It's been able to bring in new customers. But the gasman struggling it's used to be considered a step up from old navy. It used to be a Goto for classic jeans business casual wear even trusses with pockets. But now it has tough competition from brands like Zara in H M. So all navy is going to become its own company and gap will become part of a new company which will include banana Republic in Atlanta. But if gap I mean, if old navy is doing, well and gap is not or struggling why make them two separate companies. That's an interesting question. It basically says that the split is about getting both brands the facts flexibility. They need gaping believes will help navy become even more focused on competing with stores like Ross TJ Maxx, the split could also give the gap brand the makeover. It needs to stay afloat. And gap is gonna close some stores as part of this. Yes. Gap Inc will be closing about two hundred gap stores over the next two years. The company's estimating. It'll lose about six hundred million dollars in sales from these closures. But it says it wants to focus on a smaller number of stores. Marketplace's not a sago. Thanks, and now, let's do the numbers..

Navy Gap Inc Tracey Samuelson Ings David Brancaccio Ross TJ Maxx banana Republic Zara Atlanta six hundred million dollars eight billion dollars two years
"samuelson" Discussed on WGN Radio

WGN Radio

03:27 min | 3 years ago

"samuelson" Discussed on WGN Radio

"Well, right now time for Samuelson says and going to talk about something that has never happened to me before when we continue here on the Saturday morning show. Nascar legend Daryl bribes shotgun. With us talking Super Bowl Sunday DWI birthday at Daytona five hundred on the road with Daniil this afternoon at two on seven twenty WGN. Well, something happened to me last week. That is never happened in all the years that I've been writing Samuelson says for newspapers and delivering my commentary on radio and TV you may recall last week on Samuelson says, I urged our legislators in Washington DC, regardless of party to grow up and stop being childish in their discussions and debates on issues that are extremely important to all of us. And what is surprise? I did not get one negative comment concerning my thoughts. I was not called stupid or dumb or even worse. They all tend to do agree with me. And I can't remember the last time that has happened since I've been doing Samuelson says, so let me share with you just one Email that was. Typical of the emails I received this one says, quote Samuelson says said it all this morning. Don't think I will live to see most of the things you talked about happen. Our congressmen and senators will never vote for term limits. They have a good thing going for them. And the only reason there are term limits for the president is because there is very little if any opportunity for members of congress to become president keep up your thoughts. They are right on end of quote. Well, thank you. And thank you to the rest of you for supporting my thoughts, and I fully agree with you that members of the house and Senate will never vote for term limits because then they would have to abide by the rules. They impose on the rest of us like social security for a and Medicare for health insurance. Members of congress should remember that serving in the congress is not a lifetime job or career. It is a privilege and the voters will let them know when they are not doing a good job. So I still say time to grow up be adults and get back to making sound decisions for our country. This is why legislators have been elected to work for the people not their own self interest. My thoughts on Samuelson says a presentation of tribute radio networks where at twenty two minutes before six o'clock here on the Saturday morning show. And we're going to check in with Greg road to talk markets when we continue here on the Saturday morning show. Let's say you just bought a house.

Samuelson congress Daryl WGN Nascar president Daniil Washington Senate Medicare twenty two minutes