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  • Why Congress Protects Car Dealers More Than Elon Musk - ft. Eric Zwick

    2 days ago

    Why Congress Protects Car Dealers More Than Elon Musk - ft. Eric Zwick

    For every member of the Forbes 400, there are more than 4,000 private business owners worth at least $10 million. You probably have never heard of any of them. They own the beer distributorship in your town, the dental group with four offices, the HVAC trucks that passed your house this morning. A decade inside anonymized IRS data turned up three million of them, and the version of that story running in many outlets this month is the hopeful one: fortunes still being built in unglamorous industries, far from the coasts, by people with no degree and no connections. The American Dream, alive and hiding in plain sight. That is one part of what the data says. The other part is that the largest fortunes are concentrated where the law limits who can compete at all, and the owners have the political weight to keep it there. Whether the first part redeems the second is the entire argument here. The economist who found the numbers doesn’t know for sure whether it’s a good or worrying story. Eric Zwick is the Joel F. Gemunder Professor of Economics and Finance at the University of Chicago Booth School of Business and co-author, with Owen Zidar of Princeton University, of “The Everywhere Millionaire: Who Is Really Rich in America and How They Got There”: https://us.macmillan.com/books/9781250378507/theeverywheremillionaire/  Connect with us: 📺 Subscribe to our YouTube Channel 📱 Follow Capitalisn’t on Instagram & TikTok ✉️ Email your questions and comments to capitalisntpod@gmail.com   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  • Trump v. Slaughter (and Trump v. Cook)

    11 Aug

    Trump v. Slaughter (and Trump v. Cook)

    Executive agencies are fake by the way…  If you're not a 5-4 Premium member, you're not hearing every episode! To hear this and other Premium-only episodes, access to our Slack community, and more, join at fivefourpod.com/support. 5-4 is presented by Prologue Projects. This episode was produced by Alli Rodgers. Leon Neyfakh provides editorial support. Our website was designed by Peter Murphy. Our artwork is by Teddy Blanks at Chips NY, and our theme song is by Spatial Relations. Transcriptions of each episode are available at fivefourpod.com  Follow the show at @fivefourpod on most platforms. On BlueSky, find Peter @notalawyer.bsky.social, Michael @fleerultra.bsky.social, and Rhiannon @aywarhiannon.bsky.social. Our Sponsors: * Check out Mint Mobile and use my code mintmobile.com/fivefour for a great deal: https://www.mintmobile.com * Check out Quince and use my code quince.com/FIVEFOUR for a great deal: https://www.quince.com Advertising Inquiries: https://redcircle.com/brands

  • The Innocence Case from Hell with Josie Duffy Rice

    5 days ago

    The Innocence Case from Hell with Josie Duffy Rice

    Friend of the pod Josie Duffy Rice joins Peter and Michael to talk about her new podcast, The Backfire Effect. Her show digs into the case of Temujin Kensu, a man sentenced to life in prison for the murder of Scott Macklem. Has the wrong man been in prison this whole time? Listen to The Backfire Effect wherever you get your podcasts.  If you're not a 5-4 Premium member, you're not hearing every episode! To hear this episode ad-free and listen to Premium-only episodes, access to our Slack community, and more, join at fivefourpod.com/support. 5 to 4 is presented by Prologue Projects. This episode was produced by Allison Rodgers. Leon Neyfakh provides editorial support. Our website was designed by Peter Murphy. Our artwork is by Teddy Blanks at Chips NY, and our theme song is by Spatial Relations. Follow the show at @fivefourpod on most platforms. On BlueSky, find Peter @notalawyer.bsky.social, Michael @fleerultra.bsky.social, and Rhiannon @aywarhiannon.bsky.social. Our Sponsors: * Check out Mint Mobile and use my code mintmobile.com/fivefour for a great deal: https://www.mintmobile.com * Check out Quince and use my code quince.com/FIVEFOUR for a great deal: https://www.quince.com Advertising Inquiries: https://redcircle.com/brands

  • Daron Acemoglu, Economist: Liberal democracy is in crisis

    1 Sept

    Daron Acemoglu, Economist: Liberal democracy is in crisis

    BBC Newsnight presenter Paddy O’Connell speaks to Nobel Prize-winning economist Daron Acemoglu about why he thinks liberal democracy is in crisis, and how artificial intelligence could make it worse. Daron argues that liberal democracy worked because people were given a say in how they were governed and then benefited from their country’s economy as it prospered. But western governments have made major decisions on issues like immigration without first building public agreement, something which was once important. In an interview with BBC Newsnight, he says that together, these changes have left many working people feeling that politicians no longer listen to them and have helped to fuel a rise in populism. Now Daron warns that the way artificial intelligence is developed and used, so far without consensus, could make it worse, by widening inequality and putting people out of work. “AI is going to transform every aspect of our lives, and we're not being asked. We have no say in how AI is going to shape our society. I mean people in the UK, people in the US. Even worse for 6 billion people who are outside of the US, UK, China. Their lives are going to be completely reshaped by AI and they have zero say whatsoever,” he says. The Interview brings you conversations with people shaping our world, from all over the world. The best interviews from the BBC, including episodes with Indian activist Sonam Wangchuk, South African minister Gayton McKenzie and New York Times White House correspondent Maggie Haberman. You can listen on the BBC World Service on Mondays, Wednesdays and Fridays at 0800 GMT. Or you can listen to The Interview as a podcast, out three times a week on BBC Sounds or wherever you get your podcasts. Presenter: Paddy O’Connell Producer: Osman Iqbal Editor: Damon Rose (Image: Daron Acemoglu. Credit: Europa Press News via Getty Images)

  • Why Park City Calls It Miners Day

    4 Sept

    Why Park City Calls It Miners Day

    In this episode of PCCast, Dalton Gackle of the Park City Museum talks about where the Miners Day holiday came from and what mining life was like, plus Wayne McKay discusses the new Historic Mine Route and its free audio guide. Details on the Park City Historic Mine Route: https://hmr.parkcityhistory.org/

  • NRSC v. FEC

    18 Aug

    NRSC v. FEC

    Yet another opinion where the Supreme Court decides that money is speech and bribery doesn’t exist without a big sack of money.  If you're not a 5-4 Premium member, you're not hearing every episode! To hear this and other Premium-only episodes, access to our Slack community, and more, join at fivefourpod.com/support. 5-4 is presented by Prologue Projects. This episode was produced by Andrew Parsons. Leon Neyfakh provides editorial support. Our website was designed by Peter Murphy. Our artwork is by Teddy Blanks at Chips NY, and our theme song is by Spatial Relations. Transcriptions of each episode are available at fivefourpod.com  Follow the show at @fivefourpod on most platforms. On BlueSky, find Peter @notalawyer.bsky.social, Michael @fleerultra.bsky.social, and Rhiannon @aywarhiannon.bsky.social. Our Sponsors: * Check out Mint Mobile and use my code mintmobile.com/fivefour for a great deal: https://www.mintmobile.com * Check out Quince and use my code quince.com/FIVEFOUR for a great deal: https://www.quince.com Advertising Inquiries: https://redcircle.com/brands

  • Subsea Cables, AI Infrastructure, and Africa's Connectivity Gap

    27 Aug

    Subsea Cables, AI Infrastructure, and Africa's Connectivity Gap

    Jane opens with a framing that runs through the entire conversation: for Africa, the subsea cable story is not primarily about geopolitics. It is about connecting citizens and translating that connectivity into economic participation. Less than 40% of Africans use the internet, and while infrastructure investments are significant, the benefits tend to concentrate in urban hubs like Nairobi, Lagos, and Cape Town, while rural populations, women, and landlocked countries remain underserved. The 2024 cable cut that affected ten African countries brought into sharp focus just how fragile the system is. Africa has only one dedicated cable repair vessel for the entire continent, and mobilizing it costs millions of dollars and takes days. Jane walks through what is now being put in place: clearer government notification protocols, mandated interconnection between telecom operators, and cross-border coordination frameworks, with West Africa emerging as a model that the rest of the continent has not yet replicated. On Chinese infrastructure, Jane is pragmatic. The framing of east versus west is, in her view, the wrong one for African policymakers who are already deeply invested in Chinese telecom towers, terrestrial fiber, and mobile devices across the continent. The more useful question is how to secure what already exists, ensuring cybersecurity safeguards are in place regardless of where the infrastructure comes from. On the ITU advisory body, whose final report was published in Geneva in July, the recommendations cover coordination, standards, and geographic diversity, but the document is non-binding. The real work, she says, now rests with national governments and regulators to take those recommendations forward. Episode Contributors Charukeshi Bhatt is a research analyst at Carnegie India, where her work focuses on the intersection of emerging technologies and international security. Her current research explores how advancements in technologies such as AI are shaping global disarmament frameworks and security norms. Jane Munga is a Fellow in the Africa Program at the Carnegie Endowment for International Peace, where she leads research on technology policy. Her work addresses how African countries can harness digital technologies to advance inclusive and sustainable growth. Her work focuses on the nexus of digital policy, digital partnerships, and developing the foundational elements of digital development. Readings India’s Stake in the Global Subsea Cable RaceSubsea Cables, Trusted Networks, and India's Strategic Opportunity Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage. As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade. Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world. Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

  • American Power Extra: Trump, Xi and the Race to Control the Future

    2 days ago

    American Power Extra: Trump, Xi and the Race to Control the Future

    In this American Power Extra, Chad Scott breaks down what’s at stake in the Donald Trump and Xi Jinping summit, from tariffs and China’s control of critical minerals to the AI race, Taiwan and Iran. With tensions growing faster than potential agreements, Chad explains what each side wants, where a deal may actually be possible, and why simply preventing another U.S.-China escalation could count as progress. We’re always looking for new opportunities to partner with creators, companies, politicians, and organizations that share our mission. If you’re interested in partnering with us to help reshape the national conversation — get in touch! @wearefindout

  • Latino voters swing back

    20 hr ago

    Latino voters swing back

    Latino voters swung hard to the right in 2024. Now, they’re giving Dems another look. This show was edited by Kasia Broussalian, fact checked by Esther Gim, mixed by Shannon Mahoney, video edited by Christopher Snyder, and hosted by Astead Herndon. Photo caption: A Sun Valley resident votes at the polling station located at Our Lady of The Holy Church on election day at the Sun Valley's Latino district, Los Angeles County. Photo by Joe Klamar/AFP via Getty Images. Editor's note: In her interview, Stephanie Valencia said that the zip code with the highest enrollment numbers for the ACA was in Miami. In fact, Miami is in the top five. South Florida overall, however, has led the nation with sign ups.  You can also watch this episode on youtube.com/vox. Listen to America, Actually ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. If you enjoy our reporting and want to learn more, sign up for Astead’s weekly newsletter, Midterms, Actually. Just go to www.vox.com/midtermsactually to learn more, and get in-depth analysis about this year’s election right to your inbox. Learn more about your ad choices. Visit podcastchoices.com/adchoices

  • Ambassador Dan Kritenbrink on US-China Summits and Strategy

    2 days ago

    Ambassador Dan Kritenbrink on US-China Summits and Strategy

    In this episode of Pekingology, Senior Fellow Henrietta Levin is joined by Ambassador Daniel Kritenbrink, former Assistant Secretary of State for East Asian and Pacific Affairs, U.S. Ambassador to Vietnam, and Senior Director for Asian Affairs at the National Security Council, to discuss U.S.-China diplomacy and the upcoming meeting between President Donald Trump and Chinese President Xi Jinping. Drawing on decades of experience engaging with senior Chinese officials, including Xi Jinping, Kritenbrink reflects on Xi’s leadership style and China’s increasingly confident approach to the United States and the international system. He discusses the role of leader-level diplomacy in managing U.S.-China competition, lessons he learned from preparing for Xi’s 2015 state visit to Washington, and what effective communication between Washington and Beijing looks like behind closed doors. They also examine what to expect from the Trump-Xi summit, the prospects for maintaining what Kritenbrink describes as a “fragile truce” between the two countries, and the economic, technological, and security issues that will continue to test U.S.-China relations.

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