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Since the 1930s to honor the life and legacy of Abraham Lincoln. And this year we have a special opportunity to hear from an extraordinary speaker. And in introducing him i would like to repeat something that he said at the First NationalRepublican Convention that he attended as a young man in 1884. He was part of a reform wing of the Republican Party, and they had an insurgent candidate to be temporary chair of the convention, taking on the candidacy of the Republican National committee. That candidate happened to be the africanamerican congressman from mississippi, john r. Lynch. Here is some of what our speaker said. It is now less than a quarter of a century since in this city, chicago, the ....
Im david schoumacher. We like to think of our economy as one that runs on competition. For instance, we can choose the brand ofasoline we buy. If one station sets its prices too high, thene can simply go across the stet if one station for a lower price. O high, if enough drivers pass the highprice station by, sooner or later it goes out of business. Of course, if in order to attract business a station sets its prices too low and cant cover costs, sooner or later itll go out of business, too. But what happens to prices if one company, or one person, controls all the gas stations . That was what the country faced in 1890. The company was standard oil the man was john d. Rockefeller. This was the infant oil industry john d. Rockefeller saw after the civil war. Drilling equipment was hand and footoperated in those days and available cheap. Anybody could join the oil rh, and anybody di with thousands of smallscale prospectors, drillers, and refiners competing, the supply of oil was plentifu ....
[inaudible] you change most of the book so it would be his store and not an american retelling it. But you would have a history and so much involvement with stories similar to what you write about. I was wondering how much of this book like you would connect to your own experience of how much is just from knowing people in these situations and just going off of that and come up with their own back stories of . You know, like when im writing sometimes i feel like its as though im standing in a field of kind of kneehigh dry grass. And im trying to my up to clemson ahead and im trying to make a fire. So i am banging this was to get as hard as i can. To flints represent, they are always a real inexpensive mic on something that has happened to me. From those im striking together and trying to make sports. And when i get it right in right in windows works forms will find a light that field on fire. Everything that gets on fire is imagination, but none of it starts without the to flints. The ....
Monopolies whos in control . With the help of our economic analyst richard gill well find out on this edition of economics usa. Im david schoumacher. We like to think of our economy as one that runs on competition. For instance, we can choose the brand ofasoline we buy. If one station sets its prices too high thene can simplygo across the stet for a lower price. If enough drivers pass the highprice station by, sooner or later it goes out of business. Of course, if in order to attract business a station sets its prices too low and cant cover costs, sooner or later itll go out of business, too. But what happens to prices if one company, or one person, controls all the gas stations . That was what the country faced in 1890. The company was standard oil the man was john d. Rockefeller. This was the infant oil industry john d. Rockeller saw after the civil war. Drilling equipment was hand and footoperated in those days and available cheap. Anybodcould in the o rh, and anybody did. With thou ....
Black box. Its your money. Somebody screwed up. Or is it . I worked to save that money and now i get nothing. Inside the fed. On Al Jazeera America. Evey sunday night, join us for exclusive, revealing, and suprizing talks with the most interesting people of our time. Our journalists are the best journalists in the world. Shes the first female executive editor of the new york times. Theres no question that the editorial stance is a liberal point of view. The head of the paper of record goes on the record with talk to al jazeera. Only on Al Jazeera America. And then have that money go to help the conservation efforts of all rhinos in that area . Well, i imagine that most of the Dallas Safari Club members are older and post reproductive. I hope the logic is not applied to them. The notion that this is a dangerou ....