Showing posts with label podcasts. Show all posts
Showing posts with label podcasts. Show all posts

Monday, December 22, 2008

NPR

Amid layoffs and bad economic times, NPR is asking for its yearly donations to keep rolling. So if you're able, it would be a prime time to toss them a few dollars.

That said, another great This American Life this week, the theme being "people who ruin it for the rest of us." The meat of the program had to do with a family who had opted out of giving their son the MMR vaccine. The kid caught the measles in Europe and brought the disease back to suburban California, where an outbreak caught fire and caused a dozen children to come down with the frequently fatal disease. It's a shame that the link between vaccination and autism was published (later retracted) in a British medical journal.

In San Diego, no one died from the outbreak, although it cost several families lots of money and time to deal with the consequences. Since the MMR is given at about twelve months, even parents who were pro-vaccine were affected. Both sides felt vindicated by the result - no children died so, hey, measles must not be so bad after all, no reason to risk permanent health effects with a vaccine. People who were pro-vaccine saw that outbreaks were a risk of the gaps in the mesh of herd immunity.

The last story is a stark reminder that not everyone sees the world in the same way that you do.

Tuesday, December 9, 2008

Zero

Treasury bill interest rate dropped to or below zero. This is on the four-week treasury bill.

Essentially what this means is that investors are "lending" their money to the government and not expecting any kind of return on it. They give $1,000 and four weeks later they are given $1,000. Or maybe $999 if you believe the Wall Street Journal. Essentially the four week t-bill system is a giant mattress where occasionally a dollar bill falls out.

EDIT: Whoa, apparently YouTube is no longer blocked, so I can listen to whatever the hell I want to. Sweet.

Tuesday, December 2, 2008

Recession?

Yep, it's official. The United States economy, as of yesterday, was declared to be in a recession. Party, anyone?

At least we aren't Zimbabwe. As of two weeks ago, the inflation rate of the Zimbabwe dollar has breached sextillion percent (1,000,000,000,000,000,000,000) and the exchange rate with the US Dollar was thirteen quadrillion (13,000,000,000,000,000). Essentially this means if you wanted to buy a $0.25 USD gumball with Zimbabwe money, you would need 3,250,000,000,000,000 ZWR. Yup. So essentially what this does is drive people to immediately exchange their money for something that holds more value (USD or something more local), since the inflation rate causes the ZWR to lose 50% of its value daily. If you're paid $10 for something today, then it's worth $5 tomorrow. In a week it's worth less than eight cents.

So maybe that party is due after all... at least for the Zimbabweans. Better to spend the money right now rather than wait for it to melt in your pocket!

Tuesday, November 25, 2008

What is Money?

This week on Planet Money, Alex Blumberg and company investigate exactly that question: What is money? Monday's podcast was especially illuminating, featuring economist, author, and Harvard professor Niall Ferguson explaining what money is.

The crux of his argument isn't that money is paper and coins, bank notes and IOUs. Money is a symbol, whether tangible or intangible, that crystallizes a relationship between loaner and debtor. Money is confidence in other people and society as a whole. It has exactly the value that society assigns to it and no more or no less. If tomorrow everyone in the world decided that all money was worthless, it would be worth exactly zero.

One of Ferguson's anecdotes was of an epiphany he had while studying the past of money. He found a clay tablet that had written on it a promise to pay a certain amount of wheat to whomever possessed it. He realized that this was one of the first instances of money; an otherwise worthless object that, because of what could be considered a "confidence trick," was worth so many kilos of a commodity.

Monday, November 17, 2008

The Forgotten

I've raved again and again over This American Life, and this week's episode is quite interesting and heartfelt. It's all about living alone, so I can definitely relate.

I've been living alone in my own apartment for about five and a half months now. It takes getting used to, especially after sharing not only an apartment but a room with somebody else for the past four years. It takes getting used to, knowing no one within about a thousand miles. I have work friends, definitely, but considering nobody else has set foot in my apartment for around eight weeks, the place begins to be associated with being alone. I've got a duality about me, though; I'm perfectly content to be by myself, and I'm content with being with others. In the former situation, I generally seek to speak to people via online messaging or the phone, and with the latter, the person or people I'm with often get my full attention. Either way, though, I'm happy with the situation I'm in now.

My apartment, sadly, doesn't get utilized as much as one would think; my living room, for the months of July, August, and early September, was where I would hang out with visitors. Now I only venture there to talk on the phone or lie down on the couch. It's curious how my guest bedroom door has been closed for weeks, a kind of no man's land that I don't care about or touch. I have been doing a pretty good job keeping up with cleaning, though; the shower is spotless, and I run the vacuum every week or so to keep everything tidy. I'm not a clean freak by any stretch, but I suppose it could be any day now that a friend shows up looking for a place to stay. If somebody asked me if they could stay with me in my spare bedroom, I would be absolutely delighted. In fact, my Floridian friend Whitney S. asked me if the opportunity would be there for her to move up if she had to. I agreed; a break with rent would allow me to save more money, in addition to having somebody to hang around with when I get bored.

So am I lonely? I wouldn't consider myself so. I definitely seek out interactions with other people, doing my best to make friends in the area, which has introduced several intriguing adventures over the past few months. But lonely? I don't have the time to be lonely. Between work, sleep, said adventures, and phone calls, I don't have enough time in the day. I'm ambivalent, one could say. I like doing my own thing at my own time, but there's no enjoyment that compares with sharing comedy, tragedy, knowledge, and mystery with others.

Regardless, the episode of This American Life this week included the story of a department of the Los Angeles Police that dealt specifically with those who had passed away without any obvious family (or even friends) that should be contacted. They told the story of Mary Ann, a woman who had lived alone for dozens of years, barely speaking to others who lived around her. She was unmarried, had no children, and carried nothing with her to the hospital she checked into to indicate who she knew or who she was related to.

Although a distant relative of Mary Ann had been found, they also told of the people who had no one. Their parents had already passed, they never married or were widows or widowers. They had no children to speak of, and shut themselves in, filling their lives with things instead of people. This amounts to about a thousand people a year in Los Angeles, who are cremated and stored for four years before they are buried in mass graves. Almost no one attends these ceremonies, save a chaplain and a few county employees, less than a dozen usually. It's almost poetic; people who spend their lives alone, whether by choice or not, enter eternity with such company.

The most heart-wrenching story the particular LAPD investigator cited was the death of a woman in her eighties. Her husband died sixty years earlier in World War II after being shot down in Europe. The woman had still had the letters sent to her by the government - the first telling her about the loss of his plane, the second telling of the recovery of the wreckage with no body, and the third telling her about her husband's death and the discovery of the body. She had never moved on, for that six decade period, preferring to remain in mourning for the rest of her days.

Such concepts and stories make the gears begin to turn, thinking about memory, perception, and the intangibility of both. Philosophical discussion aside, though, it's a great listen.

"Because we / Are messengers of memory / Just whispers in time."

Tuesday, November 4, 2008