Conceptual Art is Literally Bananas

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 30 November 2024

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Felix back and we have some Felix-y topics to cover. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the latest Trump cabinet appointments and speculate if Scott Bessent will be able to rein in Trump’s economic plans.Then, much ink has been spilled over the sale of a conceptual artwork by Maurizio Cattelan for $6.2 million, yet no one really knows how to write about it. So, when is a banana taped to a wall more than a banana taped to a wall? And finally, this week, Warren Buffet published a letter explaining why and how he is giving away his billions after his death. The hosts discuss the efficacy and logic of his plan to give $1.2 billion to his family’s foundations. In the Slate Plus episode: We’ll hear how Felix spent his time away. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, welcome to Slate Money, your guide to the business and finance news of the week.
0:18.0	I am Felix Amin of Axios. I am back from sabbatical.
0:21.6	Many huge thanks to Anna Schumanski of Reuters who stepped in for me over the past five weeks.
0:28.6	Anna, you are incredible and amazing and probably better than me. And if you miss her, well, I do already as well. We're all with you on that one.
0:36.6	But we have the old team back together.
0:40.4	I have Emily Peck here from Axios. Hello, welcome back. Yay. Thank you very much. We have Elizabeth Spires here.
0:48.7	Hello. And we are going to talk about the latest trunch of Trump picks at Treasury and elsewhere and what
0:57.1	effect they may or may not be able to have on economic policy going forward.
1:02.3	We are going to talk about Warren Buffett's latest letter about how he wants his money to be
1:08.3	spent after he dies. And of course, because we have to, we are going to talk about the 6.2 million banana because
1:17.0	I'm back, people, so we have to talk about the $6.2 million banana.
1:20.7	It's all coming up on Slate Money.
1:31.1	Slate money is sponsored this week by Givewell.
1:34.9	This is of course Thanksgiving week, giving Tuesday week.
1:39.4	This is the week that we want to give away lots of money
1:41.7	because it makes us feel good and also because it's good
1:44.4	for the rest of the planet. But there are over one and a half million non-profit organizations
1:49.7	in the United States. There are millions more around the world. How do you know which ones can
1:55.9	make the biggest impact with your donation? Well, Givewell was founded to help donors with that
2:00.4	exact question.
2:01.6	They pour over independent studies and charity data, and they help donors direct their funds to evidence-backed organizations that are saving and improving lives.
2:10.6	They have now spent over 17 years researching charitable organizations, and they only direct funding to a few of the highest
	...

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