The Worse Than Marxism Edition

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 27 August 2016

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of Slate Money, hosts Felix Salmon of Fusion, Slate’s Moneybox columnist Jordan Weissmann, and Senior Finance Correspondent at Business Insider, Linette Lopez (@lopezlinette). Topics discussed on today’s show include:Why the brokerage firm Sanford C. Bernstein & Co., LLC. says passive investing is worse than Marxism.What the makers of the anti-allergy shot EpiPen are saying vs. what they are doing about the high cost of the drug.Why people are sick and tired of hedge funds.Check out other Panoply podcasts at itunes.com/panoply. Email: [email protected] Twitter: @felixsalmon, @mathbabedotorg, @JHWeissmann Production by Veralyn Williams. Slate Money is brought to you by Harry’s. For a smooth shave at a great price, go to Harrys.com and use promo code money to get 5 dollars off your first purchase. And by Placemakers, a new Slate podcast made possible by JPMorgan Chase. This podcast tells the stories of neighborhoods, businesses, and nonprofits that are working together to move their communities forward. Download and Subscribe to Placemakers wherever you get your podcasts. And by Trunk Club. Look your best in clothes hand-picked by your own personal stylist. Get started today at TrunkClub.com/money. 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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0:23.6	Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply.
0:30.1	The following podcast contains explicit language. Hello and welcome to the worst than Marxism edition of Slate Money, your guide to the Business and Finance
0:49.6	News of the Week.
0:51.4	I'm Felix Sermon of Fusion. I'm joined as ever by Jordan Weisman of Slate magazine.
0:59.7	He's... I'm in Berlin of all places he is in the slate headquarters with our standing. Oh my gosh.
1:11.1	It's me. So we have the most awesome stand in for Kathy O'Neill.
1:15.6	Stand in, would you please introduce yourself?
1:18.0	Hi, I'm Lynette Lopez. I'm the Senior Finance Correspondent at Business Insider.
1:23.0	Sometimes I talk to Felix and so he invited me.
1:28.0	It was all very casual.
1:30.0	All very casual.
1:32.0	Longstanding casual acquaintance acquaintance but we also
1:34.0	Lynette you want to plug your podcast that's what you do
1:37.0	Oh yes when you get on other podcasts you plug your podcast
1:41.0	my podcast is called hard pass It's with a young man named Joshua Barrow who you might
1:46.8	see on MS NBC. He also writes for Business Insider. And our podcast is much shorter than this one. It's only six to eight minutes and it's called hard pass as I said
1:58.0	Rejecting the business of everyday life. We talk about you know business finance markets money not so different in that
	...

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