Marketplace for Friday, November 9, 2012
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Fed Chairman Ben Bernanke coined the term "fiscal cliff" to describe that fallout if automatic tax hikes and spending cuts go into effect -- but what else could the situation be called? Amazon has uncorked its new wine marketplace in many states. Kai Ryssdal talks to a gas station owner in New York who is staying open despite not having gas. We hear about the economic benefits to price gouging. And there's a new Archbishop of Canterbury, and he has an unconventional business background.
Posted In: Church of England, Archbishop of Canterbury, Thomas Becket
The Church of England has named Justin Welby its most senior priest. It may be bad news for British bankers, as Welby is a one-time oil executive who is often critical of what he sees as the excesses of capitalism.