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Marketplace for Monday, October 14, 2013
Oct 14, 2013

Marketplace for Monday, October 14, 2013

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We’re told the country may default on some of its debt obligations if Congress fails to raise the debt ceiling. But default is such a general term -- what does it mean, exactly? The three men awarded the Nobel Prize in economics are all involved in pricing and stock market indices: Robert Shiller was co-creator of the Case-Shiller housing index; Eugene Fama was engaged in work on stock market price prediction and Peter Hansen helped develop methods of asset pricing.  And, finally, it takes a lot of time – and money – to find the "perfect" plaintiff for a groundbreaking Supreme Court case, but it can make a difference.  

Segments From this episode

Here's exactly what will happen if we default on Thursday

by
Oct 14, 2013
We’re told the country may default on some of its debt obligations if Congress fails to raise the debt ceiling.

And the Nobel goes to: Rationality (and irrationality)

Oct 14, 2013
The three men awarded the Nobel Prize in economics are all involved in pricing and stock market indices.
Portraits of US trio Eugene F Fama, Lars Peter Hansen and Robert J Shiller, who won jointly the Nobel Prize in Economic Sciences 2013, is seen on a computer screen at the Royal Swedish Academy of Sciences, in Stockholm, on October 14, 2013.
JONATHAN NACKSTRAND/AFP/Getty Images

Mexicans guard oil wealth jealously

Oct 14, 2013
International experts view Mexico's oil industry as inefficient and in need of help.

Justin Timberlake concert sold out? Blame ticket bots

Oct 14, 2013
To free up tickets for concerts and sporting events, California is the latest state to ban ticket bot programs.

The drama behind mergers and acquisitions

Oct 14, 2013
You may think mergers and acquisitions are dry, but a new book spells out the gritty drama behind the scenes.

Starbucks' trademarks the 'Fizzio'

Oct 14, 2013
Ad Age is reporting that Starbucks has made a trademark filing for the the word.

We’re told the country may default on some of its debt obligations if Congress fails to raise the debt ceiling. But default is such a general term — what does it mean, exactly? The three men awarded the Nobel Prize in economics are all involved in pricing and stock market indices: Robert Shiller was co-creator of the Case-Shiller housing index; Eugene Fama was engaged in work on stock market price prediction and Peter Hansen helped develop methods of asset pricing.  And, finally, it takes a lot of time – and money – to find the “perfect” plaintiff for a groundbreaking Supreme Court case, but it can make a difference.  

Music from the episode

Wide Eyes Local Natives
Lucky Numbers Generationals
Lucky Numbers Generationals