The Money for Nothing Edition

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 7 March 2015

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s episode of Slate Money, host Felix Salmon chats with co-hosts Cathy O'Neil of mathbabe.org and Jordan Weissmann of Slate about scarcity-based valuations of music, the wonders of short-selling, and the fortune cookie theory of patent law. This week's sponsor: This week’s sponsor: Citrix GoToMeeting! Visit GoToMeeting.com and click the “TRY IT FREE” button. Join Slate Plus! Members get bonus segments, exclusive member-only podcasts, and more. Sign up today at Slate.com/moneyplus Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The following podcast contains explicit language.
0:03.2	Slate Money is sponsored by Citrix Go-To Meeting.
0:06.2	When meetings matter, millions choose Go-To-Meeting.
0:08.6	Hold a meeting with anyone from the convenience of your computer, smartphone, or tablet,
0:12.4	and get a free
0:13.0	trial by visiting go to meeting.com and clicking the try it free button.
0:17.0	Hello and welcome to the Money for Nothing edition of Slate
0:27.6	Money to your guide to the Business and Finance
0:30.7	News of the Week.
0:32.2	I'm Felix Salmon of Fusion and I'm joined as always by
0:35.9	Kathy O'Neill the data scientist and blogger at mathbabe.org.
0:40.3	Hi Felix. Hi Kathy and also
0:43.0	Slate's money box columnist Jordan Weisman.
0:46.1	Happy to be here with you two lovely people.
0:48.4	This week we are going to talk about the music industry
0:52.2	and the recording artists who are taking some
0:55.2	unusual approaches to how they get paid for what they do.
1:00.0	We are also going to take a look at how a 20-something investor sparked a plunge in the share price of lumber liquidators.
1:07.6	And as we hinted at last year, I wouldn't say promised because I try not to make promises I break them too
1:13.8	much we will talk a little bit more about the wonderful subject of patent trolls so I
1:21.4	think that we should start with music because music makes everybody happy.
1:25.8	It does. Well I want to start off.
	...

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