Slate Money - The Consumption Smoothing Edition
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 2 December 2017
⏱️ 49 minutes
🧾️ Download transcript
Summary
Felix Salmon of Fusion, Slate Moneybox columnist Jordan Weissmann, and political risk consultant Anna Szymanski are joined by author Rachel Schneider to discuss:
The Financial Diaries, by Jonathan Morduch and Rachel Schneider
Affirm and financing consumer purchases
Amazon’s new second headquarters
In Slate Plus: Cross-currency basis swaps
If you’d like to leave us a voicemail for our December call-in show, ring us at (347) 960-6314.
Check out other Panoply podcasts at megaphone.fm.
Email: slatemoney@slate.com
Twitter:@felixsalmon, @Three_Guineas, @JHWeissmann
Production by Daniel Schroeder
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:14.3 | Hello, and welcome to the consumption smoothing edition of Slate Money, your guide to the businessman finance news of the week. |
| 0:26.0 | I'm Felix Sermon of Fusion. |
| 0:28.5 | I'm joined as usual by Anne Shemanski and Jordan Weissman. |
| 0:31.8 | Hello. |
| 0:32.4 | Hello. |
| 0:33.3 | And Rachel Schneider. |
| 0:36.6 | Hello. |
| 0:37.3 | Hello. Rachel is a. Hello. Hello. |
| 0:38.6 | Rachel is a published author. |
| 0:41.0 | I have your book sitting in front of me. |
| 0:43.7 | What is it called and what is it about? |
| 0:45.9 | It is called The Financial Diaries, How American Families Cope in a World of Uncertainty. |
| 0:51.6 | And it's really the stories that arise out of research that I did with a |
| 0:55.8 | professor at NYU named Jonathan Wardock. And we talked to 235 families and gathered information |
| 1:02.2 | about their financial lives over the course of a full year. This is every single penny that people |
| 1:07.1 | spend. It's an amazingly detailed and granular data set, and we will dive into it |
| 1:13.9 | very shortly. We are also going to be talking about a firm, which is Max Levchins, |
| 1:20.7 | not so new anymore, a company where he's doing some interesting things with financing purchases. |
| 1:28.0 | We are going to be talking about some of the information which is trickling out, |
| 1:33.2 | at least about 30 different cities and how much they're bribing Amazon basically to get Amazon to place its second HQ in them. |
| 1:45.3 | We are also, if you're a Slate Plus listener, |
... |
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