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Oct 15, 2012

Marketplace for Monday, October 15, 2012

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Former Fed chairman Paul Volcker discusses his tenure and what concerns him today about financial markets, along with financial historian William Silber, who wrote a new book called "Paul Volcker: The Triumph of Persistence." The Nobel Prize in economics went…

Segments From this episode

Nobel awarded for economics of matchmaking

Oct 15, 2012
This year's Nobel Prize in economics goes to a pair of researchers who've worked in the field of matching people to the things they want, in markets like health care and employment.
A screen displays photos of the winners of the Nobel prize in Economic Sciences US Alvin Roth (L) and Lloyd Shapley on October 15, 2012 in Stockholm during the press conference of the Royal Swedish Academy of Sciences. US duo Alvin Roth and Lloyd Shapley won the Nobel Economics Prize on Monday for their research on how to match different agents as well as possible, the Nobel jury said.
HENRIK MONTGOMERY/AFP/GettyImages

Campaigns don't help small businesses in swing states

Oct 15, 2012
You might think all that political activity in places like Iowa, Ohio and Florida would be great news for the local economy. But campaign spending isn't trickling down to the local level.

Ohio governor considers privatizing state turnpike

Oct 15, 2012
An expensive turnpike study by KPMG was expected to be presented at a regular Ohio Turnpike Commission meeting today. But it didn't happen. So, speculation continues about Gov. John Kasich's proposal to sell or lease the Ohio Turnpike to investors.…

Netflix knows you in ways you can't even imagine

Oct 15, 2012
It knows when you pause a movie. It knows which actors you hate. And it knows how much you like that cheery red interface. The algorithms and customer experience that have made Netflix such a success.

Interview: Paul Volcker on why U.S. presidents still call on the former Fed chief

Oct 15, 2012
Former Federal Reserve Chairman Paul Volcker and his biographer Bill Silber sit down for an interview on the economy, financial regulation, and why U.S. presidents still call on the former Fed chief.
Former Federal Reserve Board Chairman Paul Volcker testifies before the Senate Banking, Housing and Urban Affairs Committee in 2012.
Alex Wong/Getty Images

Sprint Nextel to get a $20 billion lifeline

Oct 15, 2012
Softbank, Japan’s No. 3 mobile phone network, agrees to buy a majority stake in Sprint, in a bold bid to take on giants AT&T and Verizon.

Can posting calorie counts save us from ourselves?

Oct 15, 2012
Commentator Beth Teitell on whether knowing what we're eating will affect how much we eat.

Read the memorandum of understanding for tomorrow's presidential debate

Oct 15, 2012
Nothing about chilled Evian water in the waiting rooms or colored M&Ms, but it's a pretty good read.

Former Fed chairman Paul Volcker discusses his tenure and what concerns him today about financial markets, along with financial historian William Silber, who wrote a new book called “Paul Volcker: The Triumph of Persistence.” The Nobel Prize in economics went to two Americans for their idea known as the matching theory. Japan’s Softbank Corp. has announced its 70 percent investment in U.S. mobile carrier Sprint Nextel Corp, making it the largest overseas buy from a Japanese firm. Ohio Gov. John Kasich is closing on a deal to lease the Ohio turnpike for $1 billion. And Gina Keating, the author of “Netflixed: the Epic Battle for America’s Eyeballs,” offers a deeper look at the company.

Music from the episode

I Can Change LCD Soundsystem
The Funeral Band of Horses
You Da Best S-Type