Deal keeps stocks near alltime highs. Treasury yields rising. Gold falling below 1500. Shery huawei still see sales growth despite the longrunning ban on u. S. Tech. We hear from the fcc. First, lets get you breaking news out of south korea. We are seeing a balance of payment. 7. 4urplus widening to trillion billion in the month of september. This is coming from the previous month when the surplus was at 5. 2 billion in the month of august. That was also two consecutive months of the surplus widening. We have five months of surplus now after the country posted its first deficit in seven years back in april. It has been under a lot of pressure. We have september exports falling 12 . Now we are seeing 11 months of contraction for those exports and south korea. , alsood balance number seeing the surplus widening to from 4. 7on, up billion in the previous month. Numbers out of south korea when it comes to those payments current account balance. Lets turn to the Australian Market that has c
[inaudible conversations] good afternoon and welcome to the Cato Institute. I direct the center for global liberty and prosperity here at cato the title and style of the book were featuring today, socialism sucks, is admittedly more irrev vanity than the typical more staid Public Policy books but i can assure you that the authors that we are featuring today are serious, accomplishments economyis whose decade of scholarly work inform the publication. Thesen title two economists drink the way through the unfree world gives a flavor nor unton generalizational approach. That subtitlele didnt surprise me. I tend to run into ben powell and bob lawson at economic or academic conferences around the country, and around the world, and inevitably they have drinks in their hands. Probably because we chat at receptions, hotel bars and the like. But the conversation is always interesting, informative and fun. And thats also true of this new book. This is a light book about a heavy topic so its fortu
She will be joined in conversation by author and journalist david marinus. For a complete schedule of our live coverage from wisconsin visit booktv. Org. In the meantime, heres part of a program that airs tomorrow afternoon with economist Robert Lawson and Benjamin Powell talking about their travels to socialist countries. Its no surprise to anybody now that socialism is back and popular. A lot of the focus has been on young people and millennials were attracted to it but of course the president ial debate to see among mainstream democrats now the New York Times had a year long and 100th anniversary of the Russian Revolution a yearlong column called red century. I think exactly one, and that year was dedicated to the economic aof the system. If a handful mention of atrocities instead you got articles like why women had better sex under socialism. Which even if true, i dont know how we witness against 100 million dead bodies. But this is the atmosphere that was taking hold as we were do
Than policy books that we usually organize and bounce around at cato. I can assure you that the authors that we are featuring today are serious accomplished economists who decades of scholarly work inform this publication, the subtitle of the book two economies think their way and unconventional approach for a couple of academics, that subtitle didnt surprise me, though, i tend to run into bob lawson at economic or academic conferences around the country and around the world and inevitable they have drinks in their hand probably because we chat at the Reception Hotel bars and the like, but the conversation is always interesting, informative and fun. And thats also true of this new book. This is a light book about a heavy topic, so its fortunate that we are featuring it today on the birthday of free can freedman and we were lucky to have known him and for some of us to have worked with us to a limited degree. Im sure he too would agree with the title of your book so i cant really recall
[inaudible conversation] good afternoon and welcome everybody to the Cato Institute. I direct the center for global liberty and prosperity here at cato. The title and the style of the book were featuring today, socialism sucks, is admittedly more irrev van the typical more staid pock policy book wed Public Policy books we organize evented around but i assure you the authors today are serious, accomplished economists to decade of scholarly work inform the publication. The subtitlele of the book, who economists drink the way through the enfree world, give us flavor of the unconventional purchase for a couple of academics. That subtitlelesurprise me. I ten to run into ben powell and bob lawson at economic or academic conferences around the country and around the world, and inevitably they have drinks in their hand probably because we chat at conventions and receptions and hotel bars and i the like. The conversation is always interesting, informative and fun and thats true of this new book