Archive for the ‘Regulation’ Tag
Link: https://www.npr.org/2022/03/29/1089572956/whistleblower-protection-program
This episode of the Indicator discusses the Securities and Exchange Commission (SEC) and the ways in which it regulates businesses. Whistleblowers, the ones who are brave enough to stand up against malpractice in the company, are valuable to the SEC but are often too scared to come forward. Jordan Thomas, a former SEC employee, decided he would make a firm that protected these whistleblowers and made sure they are compensated for the risks they are taking.
Original Air Date: March 29, 2022
Length: 10 minutes 5 seconds
Link: https://freakonomics.com/podcast/sports-gambling/
About 60 million people across the US and Canada play fantasy sports. Fantasy revenues in the US alone are around $8 billion a year. With sports betting illegal in some states, the fantasy sports company FanDual asked M.I.T professor Peko Hosoi and her team to determine if the contests were based on skill or luck. With this unregulated industry growing, there are concerns about the effects it will have on society, real-life sports, and the younger generations.
Original Air Date: September 4, 2019
Length: 55 minutes 23 seconds
Link: https://www.npr.org/2021/03/12/976465414/the-even-more-minimum-wage
This podcast discusses the history and the impact of low wages received by restaurant workers. The federal “tipped” minimum wage has remained stagnant for almost 30 years, while the standard minimum wage has been increased 5 times throughout that time. Policy makers in Washington DC are now proposing the Raise the Wage Act, which, if enacted, would raise the federal minimum wage incrementally to $15 an hour for all workers in all industries, including tipped workers.
Original Air Date: March 17, 2021
Length: 21 minutes and 22 seconds
Link: http://www.npr.org/sections/thesalt/2017/09/13/550607440/organic-industry-sues-to-push-animal-welfare-rules
Summary: There is a thoughtful process behind the eggs that a consumer purchases from the grocery store. In this podcast, organic industries argue that meeting the basic needs of birds is crucial. This includes providing chickens the access to the outdoors where they can freely roam. As it is in everybody’s interest to shop for organic eggs from chickens that are “cage-free”, the organic industry demands the U.S. Department of Agriculture to implement new rules regarding animal welfare.
Original Air Date: September 13, 2017
Length: 2 minutes 32 seconds
Link: http://www.npr.org/2017/09/13/550607377/how-the-minimum-wage-affects-restaurant-hygiene
Summary: Cities across the U.S. have been making efforts to increase the minimum wage, which would impact restaurant workers. However, this move results to unexpected side effects due to the higher costs that restaurants will have to face, leading them to cut back on some services. This story discusses how the effects on increasing the minimum wage ties with the hygiene of restaurants and suggests potential steps that the restaurants can take to minimize their health violations.
Original Air Date: September 13, 2017
Length: 3 minutes 35 seconds
Link: http://www.econtalk.org/archives/2014/08/terry_anderson.html
Summary:Terry Anderson, distinguished Fellow at the Property and Environment Research Center (PERC) and Senior Fellow at the Hoover Institute talks about free-market environmentalism and property rights that can protect natural resources. One of the main points of his book Free Market Environmentalism which is currently being revised for its third addition, revolves around the idea of what makes market successful and how can the success of the free market model be applied to the protection of the environment.
Original Air Date: August 18, 2014
Length: 63 min
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