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The Gist

The Boeing Lesson

The Gist

Peach Fish Productions

News, Daily News

4.53.7K Ratings

🗓️ 28 March 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

On The Gist, Boeing is in a tight spot.    In the interview, the boxing match between Mike Tyson and Buster Douglas was one for the ages. Everyone so expected Tyson to win that people weren't even placing bets until the odds were 42 to 1. In the new 30 for 30 film 42 to 1, Gist guest Jeremy Schaap (and Ben Houser) explore this shocking upset and how the fight changed boxing and these fighters' lives.  In the Spiel, if we're going to build a wall, how about the one between church and state? Looking at you, Pennsylvania.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Show may contain my tips for making money on Bitcoin.

0:02.7

It won't.

0:03.7

It also may contain explicit language.

0:05.5

And it really might.

0:06.5

["Made a Love Song"]

0:10.1

So Wednesday March 27, 2019 from Slate.

0:12.9

It's the gist on my Pascale.

0:15.1

So you get the Las E Far theories of markets,

0:17.8

which is pretty much the open markets theory,

0:20.6

libertarian theory.

0:22.1

It's the governing theory of most of the right.

0:24.8

And it says something like, the markets will correct themselves.

0:28.7

We don't need excessive regulation,

0:31.1

because businesses that offer products and services

0:34.7

will be properly incentivized to make good products and services

0:39.4

because if they made bad products and services,

0:41.7

then the customers will know it.

0:43.1

And the customers won't buy it.

0:44.4

And the customers won't patronize it.

0:46.0

And the companies will suffer.

0:47.5

You see how all the incentives align.

0:50.8

And the consumer doesn't need to be protected

...

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