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Slate Money

The "Smoking Up Behind the Bleachers" Edition

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 8 November 2014

⏱️ 34 minutes

🧾️ Download transcript

Summary

This year’s midterm elections produced big gains for Republicans – and pot smokers. On this week’s episode of Slate Money, host Felix Salmon of Fusion, Slate's Jordan Weissmann, and Cathy O'Neil of Mathbabe.org discuss the rise of legal weed, private funding for public schools, and Taylor Swift's breakup with Spotify. Here are some of the links and references mentioned during this week's show: Felix’s article on Taylor Swift yanking her entire catalog from Spotify More Slate takes: Chris Molanphy on “Why Taylor Swift Is the Super Bowl of Pop” and the Culture Gabfesters split bitterly Tay-tay Cathy pointed out the crowdsourcing project Price of Weed: A Global Price Index for Marijuana Federal Reserve Chair Janet Yellen on education and inequality USC’s Lawrence O. Picus’ New York Times op-ed, “School Fundraising Is Unfair But Unavoidable.” Felix mentioned the addictive site Import IO: Instantly Turn Web Pages Into Data Cathy’s number for this week was inspired by this study, which was the subject of an Economist article. Slate Money will appear every Saturday in the Slate Daily Podcast and its own feed. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.6

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0:09.6

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0:14.3

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0:17.9

dot com 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. Hello and welcome to the Smoking Up Behind the Bleachers edition of Slate

0:41.6

Money, your guide to the Business and Finance News of the Week.

0:45.0

I'm Felix Salmon of Fusion here in our New York studio and on today's show,

0:50.0

the midterm elections, I know, they're boring boring we're not going to talk

0:55.1

about Democrats and Republicans we are however going to talk about pot smokers who

1:00.2

managed to pass marijuana referendums in Alaska, Oregon, Washington, D.C. and Guam.

1:09.2

We'll look at the rise of legal weed.

1:11.3

What does it mean for the price of marijuana for the future of

1:16.2

the smoking business and private funding for public schools when you write some checks for your kids school?

1:25.0

Are you really just entrenching the advantage that rich kids have over poor kids?

1:30.0

And of course because this is slate we can't possibly go an entire podcast without talking about

1:36.7

Taylor Swift. We are going to talk about her fight with Spotify. What does this mean for the rise of streaming music and of course the numbers round? But

1:49.7

First let me introduce my regular guests we have Kathy O'Neill the data scientist and blogger

1:56.3

at mathbab.org hi Felix and slates own moneybox columnist Jordan Weisman.

2:03.0

Felix, I just want to ask why we would want to go an episode without talking about Taylor Swift.

2:08.0

I feel like that would be a bad episode.

2:11.0

Well, I mean, it would be okay if you talked about Katie Perry, but we will come on to that in about,

...

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