I wrote the book to make the case for unconditional cash, but i wanted to grounde ground it in personal experience. I grew up in Hickory North carolina and my mom was a Public School teacher and my dad was a paper salesman. We had a very stable middleclass existence. In my own life i got Financial Aid to countries fancy boarding school and then we started facebook and 2004 and the rocketship rise of facebook is a pretty wellknown story. I ended up making quite a bit of money at my young age and it forced me to think about what is the most powerful way we can think about the economy so the. 1 but keeps getting so lucky is actually not getting lucky at the expense of everybody else. That took me on a journey of what is the most powerful way to help people get ahead and it turns out the evidence is pretty clear on this point. If you provide people with cash, no strings attached, then they invested in themselves, their families and their communities, their kids do better in school, Health
So apple will capitulate on privacy in china. In ways that it would not dream of doing in the us. It is certainly subject to political pressure, differences in ways Different Companies regulated and will not fight beijing on these things. There are a couple other problems with apple that overlap problems with google and facebook. One is in terms of who gets what part of the innovation pie. One of the arguments when regulators say these companies are too big, we need to bring them to heal, make him smaller, break them up, they say this is a battle between regulation and innovation. I would argue these companies, apple is foremost among them, are implementers, not innovators. They are implementers of pretty much other peoples technology. You can see this playing out, there is a great story and headlines, the google battle and so now has a the to pick with a small innovator, a guy came up with a way to make smart speakers, very innovative company, came up a lot of technologies adapted by
5 live and online. Good morning and welcome to the bbc news at 9. At least five people have died and several others are missing after a volcano erupted at a popular tourist site in new zealand. The eruption on white island happened just after 2pm local time. One tourist who was leaving the island, filmed the eruption as it sent a thick plume of ash and smoke into the sky. Other footage showed a group of visitors inside the crater. New Zealand Police say that around 50 people were on or near the island at the time, including travellers from overseas. Both New Zealanders and overseas tourists are believed to be involved. We believe a number of these tourists have come from the ovation of the seas cruise ship. We cannot confirm the nationalities of these people involved. Due to the current risk, Emergency Services are unable to access the island. Samantha olley is a reporter for nz me and joins me from north island. I know you have flown over in a helicopter and you can bring us the lates
The best way forward on brexit. Essex police are given an extra 24 seeing incredibly desperate people hours to question the driver coming up on afternoon live, trying all kinds of ways to get of a lorry in which 39 people across borders and reach safety and were found dead yesterday. The stowaways are all all the sport with holly hamilton. Make a life for themselves that is believed to be chinese. Worth living. The irony of course a british man who fought with Kurdish Militia against the Islamic State group has good afternoon, yes, eddiejones has been convicted of a terrorism here is that the tougher you make it been ringing the changes ahead of for them to make this sort of offence following a retrial. Aidanjames was cleared though of attending a terrorist englands Rugby World Cup crunch hazardous journey, the tighter you Training Camp in syria. Put the controls on, the greater the the number of people found carrying clash with new zealand this weekend. Risk they are going to have to
Average down 2 . U. S. Designated china a currency manipulator after letting the yuan depreciate. Coming up, big tech hit hard by china trade, the heaviest selling with names like facebook, alphabet, chip maker, where are they headed from here, all that right here right now, mornings with maria begins right now. Maria of course, busy show this morning, joining the conversation to talk all about the damage yesterday Fox Business Network Dagen Mcdowell, Fox Business Network Dierdre Bolton and forbes media chairman former republican president ial candidate steve forbes, also on deck this morning fox news senior strategic analyst and retired fourstar general jack keane to talk about hong kong protests that are accelerating this morning, bob is stopping by today with latest on china. The chief economic adviser mohamed, and kevin on the minimum and state of consumer today. Dan niles is here. Dont miss a moment of it. Big 3 hours coming up. This morning we do have a rebound, futures indicatin