Particularly hard. At t points out their phone start, the turn is lower they are going to get their numbers. And everybody is trying to move to some of these issues i would say it was more media, but it is all the same, i guess. Telecom and media are the same now. Tmt. Thank you tmt. New network . No. Lets take a look at what happened overnight in asia you saw the japanese stocks this week have been sitting at new records just about every day that continues once again today with the nikkei up another 200 points this is now putting the nikkei at its highest close since september of 1996. 21,155 hang seng slightly higher. So was the shanghai composite yesterday. And in some of the morning trading we are already seeing, in europe youre going to see as we wait things are up for the most part. Looks like the ftse is down by. 20 right now. But these are modest advances from the other markets take a look at what is happening with crude oil prices. Yesterday crude oil settled down by 1. 4 . It
Next on after words, hello don watkins discusses income inequality with diana of the manhattan institute. I have so much enjoyed reading your book, equal is unfair to fight against a quality. It is so thoughtprovoking to be from someone that this inequality is not a problem. Can you start out by telling us why inequality isnt a problem . Lets start with what is economic inequality because it is depleted with the rich getting richer and the poor getting poorer. But it just means there is a gap. We can have a gap because some people are getting richer and some are getting poorer but it can also be because they are getting rich at different rates and it can also rise or fall for different reasons. One reason might be that some people are just being really productive. Hes employing thousands of people and creating tons of value by pioneering a new inventions that hes going to get richer than me or my wife who sees the teacher and she is i think the great teacher but is only providing econo
Have read long to enjoy reading your book equal is unfair americas misguided fight against income inequality it is so thoughtprovoking from someone that says inequality is not a problem. So tell us why. Guest sure we will start with economic inequality is equated with the rich getting richer and the port getting poorer. But we can have a cap but also because people are getting richer at different rates it a quality can rise and fall so one reason might be some people are being really productive lazore employing thousands of people who knew of our pioneering a New Invention isnt she is a great teacher but only providing economic value but there are the things to increase in the quality that are and just to take a vintage of people like Bernie Madoff he embezzled and stole a lot of money so that creates inequality. We are concerned with how much do you have the how did you get it . Was it fair or a process that was not fair . When you try to equalize people who earn money honestly is wha
Spee2 lets start off by what is economic inequality. I think its usually equated with the rich getting richer and the poor getting poorer. Inequality just means a gap. We can have a gap because some people are getting richer and others are getting poor and we can also get because people are getting richer at different rates. Inequality can also rise or fall for different reasons. So one reason might be that some people are being really productive. You have a man and amazon employed thousands of people, creating tons tons of value by pioneering new invention. So hes going to get richer than me then say my wife was a teacher. She is i think a great teacher but she is only providing economic value to a few dozen people at a time. On the other hand, there are things that can increase inequality that are bad. That are unjust that take advantage of people. So bernie made off. He is going to steal money through fraud. So the reason i say inequality is not a problem as well were concerned is i
Favorite character was your dad. You are also one of my favorite characters and then there is at the knee. What role did she play . Guest ebony and i met in 2006 toward the end of my sentence. I had two years before i was up for parole. We became really really good friends. A supersmart dutiful woman. At the time everybody thought she was crazy for exploring a relationship with me given that i was incarcerated and i was incarcerated for seconddegree murder. Here is this beautiful model looking recent recent doctor graduate and she falls in love or as we say grows in love with me while im still struggling to get out of prison. We ended up establishing a wonderful friendship that endures to this day. We just celebrated connecting with each other 10 years ago. Host congratulations. Guest thank you. Today she is the mother of my child and hands down one of my best friends. Actually she is my best friend in the world but a super courageous woman, very smart, cares about real issues and work