The Unhealthy Markets Edition

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 17 December 2016

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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: [email protected]: @felixsalmon, @mathbabedotorg, @JHWeissmann Production by Zachary Dinerstein Slate Money is brought to you by HP. Their Business line of products are travel tested and perfect for on-the-go or in the office. Go to hp.com/slate and enter code slate at checkout for 30 percent off select HP Business products. And by Goldman Sachs. To learn about developments currently shaping markets, industries, and the global economy, subscribe to the firm’s podcast, Exchanges at Goldman Sachs, available on iTunes. 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
0:04.6	companion for all things money. You can spend in over 150 currencies with great
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0:14.3	Revolute within your plan allowance. Sign up to Revolute at Revolute.com
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 Unhealthy Markets edition of Slate Money, your guide to the Business
0:48.8	and Finance News of the Week.
0:52.1	I don't know how unhealthy the markets are. I have been
0:55.1	bombarded all week with headlines about the stock market hitting you all-time
1:00.6	highs and the Fed Funds interest rate, the most important interest rate in
1:07.6	the entire world is back in the news this week it moved and it's not a common thing it hasn't been a common thing in recent
1:14.8	years for that thing to move. We are going to talk about the Fed and the Fed interest rates.
1:20.1	We are going to talk about generic drug prices because those things have been going up like
1:26.7	gangbusters, possibly we now learn due to illegal collusion.
1:32.0	I of course am Felix Hammond and Fusion. My partners in
1:36.4	slate money crime are the usual pair of reprobates. Kathy O'Neill, the author of Weapons of Math Distraction.
1:44.8	Hello, Felix, you're sounding so chipper this morning.
1:47.2	It's because I had beer last night and we can talk a little bit about that.
1:51.9	We also have Jordan Weisman.
1:54.0	Always happy to be on air with you too unrepentant drunks.
	...

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