Money talks: American companies face off with the NRA
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 27 February 2018
⏱️ 20 minutes
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| 0:00.0 | Attention at all passengers. You can now book your train tickets on Uber and get 10% back in Uber credits to spend on your next train journey. |
| 0:11.0 | So no excuses not to visit your in-laws this Christmas. |
| 0:16.5 | Trains now on Uber. T's and C's apply check the Uber app. Hello, I'm Helen Joyce, the finance editor of the Economist. |
| 0:29.0 | Welcome to Money Talks. |
| 0:31.0 | Coming up on the program. |
| 0:32.0 | What is the secret to a good trade agreement? |
| 0:35.0 | Trade creates disruptions in exactly the same way technological change does. |
| 0:40.0 | We do a lot of things to ensure that the losers from technological change we take care of. |
| 0:45.2 | We have safety blankets, we have retraining, we have social insurance, and we have rules about what kind of |
| 0:50.8 | technological changes, you know, is acceptable what kind isn't. |
| 0:54.0 | The rapid rise and fall of the And Bang Empire. |
| 0:57.0 | Now we're used to things going quickly in China, but even by Chinese standards |
| 1:01.0 | this was remarkably fast growth to go from basically nothing |
| 1:04.7 | to a company with more than $300 billion of assets in less than 15 years. First, a growing number of companies are cutting ties at the National Rifle Association |
| 1:18.9 | after the school's shooting in Florida. Airlines including United and Delta, car rental companies like Enterprise |
| 1:25.1 | and Hertz and insurance companies, are ending the discounts that they offer to |
| 1:28.9 | the NRA's 5 million members. Activists are encouraging people to boycott Apple, Amazon and Google's YouTube |
| 1:35.2 | because they carry NRA TV. However Warren Buffett, the chief executive of |
| 1:39.7 | Berkshire Hathaway, said that it would be ridiculous for the congomerous not to do business |
| 1:43.6 | with gunmakers. Krister Koskuller, our finance correspondent, joins us on the line from |
| 1:48.5 | New York. What will the business impact of this attempted boycott be, Krister? |
| 1:52.1 | It really depends on how the balance plays out. So the |
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