Marketplace for Thursday, December 5, 2013

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Episode Description 
New York Mayor Bill de Blasio has appointed former Los Angeles police chief Bill Bratton as head of the NYPD. Why is it that the list of top candidates for the top policing jobs in the U.S. is such a short one? The same candidates seem to reappear time and time again. Plus, a deal to avoid another government shutdown seems to be coalescing around increasing revenues – but not taxes. The government would bring in additional money through user fees. And finally, revised GDP numbers juiced the market today, but the reality behind the data should give us pause. The number’s big because inventories were high last quarter.

The power of the central bank to create money out of thin air wasn't always so easy

The Federal Reserve has been creating money to the tune of about $85 billion dollars a month. But the first time a central bank tried to do that...it didn't go over so well.
Posted In: Federal Reserve, fiat money

Nelson Mandela's legacy is economic, too

One legacy of Mandela's fight against apartheid is activism in the U.S. against inequities in the global economy.
Posted In: Mandela, divestment, apartheid

'Anchorman 2' marketing campaign: genius or overexposure?

Plus a QUIZ: Which character from Anchorman do you think should co-host with Kai?
Posted In: movies, marketing, anchorman

As New Orleans comes back, some neighborhoods boom, others stay blighted

As New Orleans and its economy attract more college-educated residents, gentrification comes to once-poor neighborhoods on high ground.
Posted In: New Orleans, gentrification, housing market

A tax by any other name? A fee

A deal to avoid another government shutdown seems to be coalescing around increasing revenues -- but not taxes.
Posted In: fees, Taxes, budget

Today's economy: Inventory purgatory

Revised GDP numbers juiced the market today, but the reality behind the data should give us pause.
Posted In: GDP, inventories

Bill Bratton's exclusive club: Big city top cop

New York Mayor-elect Bill de Blasio has appointed former Los Angeles police chief Bill Bratton as head of the NYPD.
Posted In: NYPD, Raymond Kelly, Bratton

Music from this show

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One Type of Dark (Ta-ku Remix)
Ginger And The Ghost
Palace Chalice
Mux Mool
Half of Where You Live
Heart Of Gold
Neil Young
Champions
Dan The Automator