the business of america is big business. large and crucial industries are dominated by a few powerful companies which have grown with the economy and rewritten the rules of competition. what are the economic and legal rules these companies live by? what has big business done for and to the consumer? whatever happened to price competition? with the help of economic analyst richard gill we ll examine these questions on this edition of economics u$a. i m david schoumacher. there s no business bigger than the auto business. if you ve shopped for a car recently this is a familiar sight. it looks like real competition a variety of products at a variety of prices. but is what you see what you get? it was when you bought one of henry ford s model ts. henry ford didn t invent the car, and he didn t invent the assembly line, but he brought the two together and gave america its first mass-produce and mass-purchased car. ford was an inventor and mechanic by trade, and no effort was s
from the hazards of competition. have 25 years of deregulation been an improvement? to paraphrase calvin coolidge, the business of america is big business. large and crucial industries are dominated by a few powerful companies which have grown with the economy and rewritten the rules of competition. what are the economic and legal rules these companies live by? what has big business done for and to the consumer? whatever happened to price competition? with the help of economic analyst richard gill we ll examine these questions on this edition of economics u$a. i m david schoumacher. there s no business bigger than the auto business. if you ve shopped for a car recently this is a familiar sight. it looks like real competition a variety of products at a variety of prices. but is what you see what you get? it was when you bought one of henry ford s model ts. henry ford didn t invent the car, and he didn t invent the assembly line, but he brought the two together and gave ame
have 25 years of deregulation been an improvement? to paraphrase calvin coolidge, the business of america is big business. large and crucial industries are dominated by a few powerful companies, which have grown with the economy and rewritten the rules of competition. what are the economic and legal rules these companies live by? what has big business done for and to the consumer? whatever happened to price competition? with the help of economic analyst richard gill, we ll examine these questions on this edition of economics u$a. i m david schoumacher. there s no business bigger than the auto business. if you ve shopped for a car recently, this is a familiar sight. it looks like real competition, a variety of products at a variety of prices. but is what you see what you get? it was when you bought one of henry ford s model ts. henry ford didn t invent the car, and he didn t invent the assembly line, but he brought the two together and gave america its first mass-produced
are dominated by a few powerful companies, which have grown with the economy and rewritten the rules of competition. what are the economic and legal rules these companies live by? what has big business done for and to the consumer? whatever happened to price competition? with the help of economic analyst richard gill, we ll examine these questions on this edition of economics u$a. i m david schoumacher. there s no business bigger than the auto business. if you ve shopped for a car recently, this is a familiar sight. it looks like real competition, a variety of products at a variety of prices. but is what you see what you get? it was when you bought one of henry ford s model ts. henry ford didn t invent the car, and he didn t invent the assembly line, but he brought the two together and gave america its first mass-produced and mass-purchased car. ford was an inventor and mechanic by trade, and no effort was spared to improve the car and to improve the process by which it w
and that is the explosion at the manchester arena tonight in the uk. more video is coming on to social media. and as the night draws on, i m sure we ll get more imagery. but you ve probably become familiar by now with this. one of the first clips of video we saw. it happened just after the lights went up, just after the last note. and ariana grande went backstage. that s when people heard and felt a concussion outside. still, some discussion as to whether or not there was just one or more explosions. we ve been what, three hours of coverage with sporadic reports, including by this network that this was a suicide bomber, outside on a kind of level that connects the train station to the venue. let s go first to the police briefing. manchester police department. someone has just stepped to the microphones. around 10:33 p.m., we received reports of an explosion at manchester arena in the city center. this was at the conclusion of ariana grande concert. currently we have 19 peop