Latest from Jesson Duller

• Mar 6, 2023

  China increases defense spending, citing “escalating” threats

  

  From the BBC World Service: BBC’s China Correspondent Stephen McDonnell reports from Beijing as China says it will increase military spending by more than 7% this year, while warning of “escalating” threats. South Korea tries to build bridges with Japan by picking up the cost of World War II reparations, plus, it’s one month to the day since the earthquakes devastated parts of Turkey and Syria, we hear from the BBC’s Correspondent Anna Foster on the ground.

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• Mar 3, 2023

  For Biden, industrial policy is now in vogue

  

  Earlier this week, the Biden administration announced that companies could begin applying for funding under the CHIPS and Science Act, but only if they met certain conditions including limiting stock buybacks, providing childcare to workers, and others. According to Felicia Wong, CEO of the liberal-leaning Roosevelt Institute think tank, this could herald a new embrace of industrial policy by Biden to push forward his agenda. And, a look into a new report that details the growing extent of the racial disparity in home ownership in America. 

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• Mar 3, 2023

  Republican-led states push against “woke” investing

  

  Legislatures in various Republican-controlled states have passed or are mulling restricting banks from ESG investing, which considers environmental, social, and governance factors. We look at what’s behind the backlash to ESG and why some are assailing it as “woke investing.” The Biden Administration released its new Cybersecurity Strategy yesterday, which includes a call to companies to play a greater role in securing their own products. And, excerpts from Marketplace host Kai Ryssdal’s interview with Treasury Secretary Janet Yellen, where they discussed the economics of the war in Ukraine. 

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• Mar 3, 2023

  Could privatization be behind the fatal train crash in Greece?

  

  From the BBC World Service: The fallout from Tuesday’s deadly train crash has brought attention to the era of privatization that followed Greece’s financial crisis in 2015. We look at what role that could have played in the leadup to the disaster. A new report says Chinese scientists are leading their American counterparts in dozens of fields of technological research. And, could South Korean reality TV be the next big streaming sensation?

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• Mar 2, 2023

  Why racial inequality is often underestimated

  

  The disparity between how much wealth — on average — people of different racial groups hold has been well-documented through research. Yet according to one study, the size of that gap is frequently underappreciated. We talk to Ivy Oyeandor, a professor at Northwestern University and co-author of the study, about that misperception as part of our Econ Extra Credit series. And, KPMG Chief Economist Diane Swonk dissects the latest economic data, which indicates economic strength because of infrastructure spending but risks prolonging inflation. 

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• Mar 2, 2023

  Insulin prices get a haircut — for some people

  

  Pharmaceutical giant Eli Lilly announced it would cut the prices of some of its most-used insulin products by 70%, as well as cap out-of-pocket costs for consumers at $35. We look at what that could mean for patients, most of whom have been paying sky-high prices for the drug. Congress yesterday passed a bill to prohibit ESG — Economic, Social, and Governance — retirement investing, a measure likely to be vetoed by President Biden. And, as part of American Public Media’s “Call to Mind” campaign around mental health, we look at the effects of social media on loneliness. 

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• Mar 2, 2023

  Portugal’s clean energy solution? Sun, sea and…floating solar panels

  

  From the BBC World Service: A new report by the International Energy Agency says global carbon dioxide emissions rose to a record high last year, but new technology — including sea-floating solar panels in Portugal — have helped slow it; BBC reporter Paul Carter has been to see them up close. Plus with a new president-elect in place, BBC’s Bisi Adebayo reports on the brain drain of young talent leaving Nigeria.

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• Mar 1, 2023

  Why Big Tech is getting involved in health care

  

  Amazon’s recent acquisition of a chain of health care clinics from One Medical is raising questions of Big Tech’s growing role in the sector. We talk to University of Michigan professor Erik Gordon about the potential antitrust implications, and what the Amazon example could mean for the sector going forward. Congress’ newest committee, which focuses on competition with China, held its first hearing yesterday, at a time of increased tensions with the People’s Republic. And, we talk to Susan Schmidt, Head of Public Equity at the State of Wisconsin Investment Fund, about the increasingly tenuous economic picture. 

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• Mar 1, 2023

  Loneliness “epidemic” hits the workplace

  

  Loneliness can have major effects on employees and employers alike in the workplace — in addition to the mental health effects, one study found it can cost businesses up to $154 billion annually. As part of American Public Media’s “Call to Mind” mental health initiative, we look into the effects of loneliness and how employers can mitigate it. Expanded SNAP benefits, formerly known as food stamps, are due to expire today after receiving a pandemic-era boost. And, Hong Kong is dropping its masking requirement amid a broader push from the government to revive the island’s slumping economy. 

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• Mar 1, 2023

  A new leader for Nigeria’s old problems

  

  From the BBC World Service: Bola Tinubu, who ran for the ruling All Progress Congress, has been declared the winner of Nigeria’s presidential election. BBC’s Peter Okwoche reports for us from the capital Abuja with the harsh economic reality and high unemployment high on his to-do list. In Sri Lanka hospitals, banks and ports close as people go on strike in defiance of a government ban; plus Leanna Byrne reports from Germany, as from today the city of Berlin is paying for young people to go out in the evening.

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