The Monopoly Money Edition

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 19 November 2016

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of Slate Money, hosts Felix Salmon of Fusion, Cathy O’Neil, author of Weapons of Math Destruction, and Slate Moneybox columnist Jordan Weisman are joined by ProPublica financial reporter Jesse Eisinger to discuss: - The practice of paying economists large sums to promote mergers - Facebook, Google and fake news - India's demonetization Come have a beer with us! Slate Money goes live for a special craft beer episode at 7 p.m. on Dec. 15 at Union Hall in Brooklyn. Tickets are $25. Go to slate.com/live for tickets and more information. Check out other Panoply podcasts at itunes.com/panoply. Email: [email protected]: @felixsalmon, @mathbabedotorg, @JHWeissmann, @eisingerj Production by Zachary Dinerstein. -- Slate Money is brought to you by Boll and Branch. Get 50 dollars off your first set of sheets, plus free shipping, by going to BollandBranch.com and using promo code money. And by Trunk Club. Discover your perfect look with clothes sent right to your door from your very own personal stylist. Get started today at TrunkClub.com/money. And by Betterment, the largest independent automated investing service. Learn how you can get up to six months of NO FEES by going to Betterment.com/slatemoney. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Revolute. Revolute is your perfect travel
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0:18.3	slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.
0:23.6	Until 18-plus, T's and C supply, exchange fees and fair usage limits supply.
0:30.1	The following podcast contains explicit language.
0:33.4	Hello! And welcome to the Monopoly
0:43.6	money edition of Sleep Money, your guide to the
0:48.0	business and finance news of the week. We have a very special guest. We have an amazing show lined up. This is going to
0:57.5	be a really fun one, partly, mostly because we have an amazing special guest, but also because we're going to be talking about
1:03.4	demonization and any excuse to use the word demonization is something you should
1:08.4	jump at. We are going to talk about fake news and algorithms because Kathy O'Neil, the data scientist and author of Weapons of
1:16.4	Math Destruction, is here and whenever there's an algorithm in the news, Kathy, what do you you do I fucking destroy it you the answer is the
1:26.2	answer is you talk about it on sleep I do Kathy the old destroyer of algorithms
1:30.9	conqueror of worlds.
1:32.6	We have Jordan Weisman, of course, from Slate.
1:36.8	I've never fully destroyed an algorithm in my life, sadly.
1:39.5	I am Felix Salmon of Fusion and I wrote a big article about algorithms once.
1:45.1	It was called, what was it called Jesse?
1:48.6	The formula that killed Wall Street.
1:51.2	Completely committed your of to memory so
	...

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