Slate Money - The Unhealthy Markets Edition
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 17 December 2016
⏱️ 38 minutes
🧾️ Download transcript
Summary
Today on Slate Money, hosts Felix Salmon of Fusion, Cathy O’Neil, author of, Weapons of Math Destruction, and Slate Moneybox columnist Jordan Weissmann discuss:
The hidden consequences of attaching health grades to employeesThe Fed’s recent rate hike How states are suing generic-drug companies over price-fixing allegations
Check out other Panoply podcasts at itunes.com/panoply.
Email: slatemoney@slate.comTwitter: @felixsalmon, @mathbabedotorg, @JHWeissmann
Production by Zachary Dinerstein
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:08.2 | Hello! |
| 0:10.7 | And welcome to the unhealthy markets edition of Slate Money, your guide to the Business and Finance News of the Week. I don't know how unhealthy the markets are. |
| 0:24.1 | I have been bombarded all week with headlines about the stock market hitting new all-time highs. |
| 0:32.0 | And the Fed Fund's interest rate, the most important interest rate in the entire world, is back in the news this week. |
| 0:40.3 | It moved. |
| 0:41.3 | And it's not a common thing. |
| 0:43.0 | It hasn't been a common thing in recent years for that thing to move. |
| 0:45.7 | We are going to talk about the Fed and the Fed interest rates. |
| 0:49.9 | We are going to talk about generic drug prices because those things have been going up like gangbusters, possibly we now learn, due to illegal collusion. |
| 1:02.0 | I, of course, am Felix Hammond of Fusion. |
| 1:04.5 | My partners in slate money crime are the usual pair of reprobates. |
| 1:11.1 | Kathy O'Neill, the author of Weapons of Math Destructions. |
| 1:14.7 | Hello, Felix, you're sounding so chipper this morning. |
| 1:17.1 | It's because I had beer last night, and we can talk a little bit about that. |
| 1:21.5 | We also have Jordan Weissman. |
| 1:24.3 | Always happy to be on air with you two, unrepentant drunks. |
| 1:28.8 | Losers, I prefer. We're feeling perky this morning on account of last night we recorded the Slate Money |
| 1:36.5 | live show all about beer. |
| 1:39.4 | I wouldn't say perky? |
| 1:40.5 | I was going to go with like satisfied or something. |
| 1:42.9 | It went well, I think. And all of you wonderful sleep money subscribers get to listen to it over the new year. I think it's the time that we're going to drop that episode. So you have that to look forward to. Listen to it when you're hungover from your Year's Eve party, I think. Yeah, that's the perfect mode right there. Yeah, I feel like if you really want a jumping year's Eve party, |
... |
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