also divided the population into econ and humans and you shed some light on this in what you wrote it comes are considered economically rational people humans are not i tend to be a human i don't know about you do you agree with i just. what do you think about that do you agree that this is kind of how we're divided up. i do and i think i do tend to be in econ but i think it's partly because i studied economics and i was already a little that way but it made me more that way it made me think through more carefully lots of decisions and so i think that's right i think it was right of him to notice the importance of this and to apply it all over the place one thing i'd like to see them up and apply it to though is government officials because they're humans too and they're making decisions for the rest of us so the costs of their bad decisions can be orders of many orders of magnitude greater than the cost of our bed ok so you're saying that all law makers should be a content all it comes from being lawmakers is that right is that what you're to know it's. make or should be const but th

the classical liberal view today is more upheld by econ a musts who would be considered on the left like paul krugman, they really are the true successors of friedman and hayek in the 1950s and contemporary libertarian this are different offshoot. >> you think paul krugman would agree with you? >> guest: i think he might. he wrote a complementary review of friedman after friedman's death and pointed out friedman's contributions to economics were very significant and spoke highly of him, larry summers would be another individual who would come to mind. it is not like in the 1950s, 60s in 70s, you economist on the left advocating socialism, the government should run the economy. friedman in the 1950s thought society should be more equal than it was at that time and society at that time was more equal than it is now. friedman would be in the far left at this time. that is a reflection how much society has changed. with his they would themselves or not, nonetheless larry summers would be another example too. related to paul samuelson and other leading economists. the market is won by many re

. -- econ 101. inflation isn't tipped towards the deflationary. but we haven't been able to break up to 3-4 percent wage growth and i don't think we are going to with the feds putting on the brakes with raising interest rates. >> still to come, does the bond king think washington can get tax plan passed? ♪music ♪you fill up my senses ♪like a sleepy blue ocean ♪you fill up my senses ♪come fill me again ♪ alright crew, let's get started. sure. ♪ don't ignore the law. you must call 811 at least two to three days before any digging project so you can avoid hitting our essential buried utilities. for digging projects big or small... ...make the call... ...to 811. >> welcome back to "wall street week." now more of maria's interview with jeffrey gundlach. maria: there was scepticism going into the creation of the euro. now we've see brexit and catalonia. jeffrey gundlach: the euro is at a local high. it was up to 1.20. it's bent worst trade of the year for most of investors. the recommendation was 2017 is long on the dollar. we didn't fall into that trap

. -- econ 101. inflation isn't tipped towards the deflationary. but we haven't been able to break up to 3-4 percent wage growth and i don't think we are going to with the feds putting on the brakes with raising interest rates. >> still to come, does the bond king think washington can get tax plan passed? this guy is upping his game by listening to an audiobook on audible. and this guy is just trying to get through the day. this guy feels like he can take on anything. this guy isn't sure he can take it anymore. unwavering self-confidence. stuck in a 4-door sedan of sadness. upgrade your commute. ride with audible. dial star star audible on your smartphone to start listening today. >> welcome back to "wall street week." now more of maria's interview with jeffrey gundlach. maria: there was scepticism going into the creation of the euro. now we've see brexit and catalonia. jeffrey gundlach: the euro is at a local high. it was up to 1.20. it's bent worst trade of the year for most of investors. the recommendation was 2017 is long on the dollar. we didn

. -- econ 101. inflation isn't tipped towards the deflationary. but we haven't been able to break up to 3-4 percent wage growth and i don't think we are going to with the feds putting on the brakes with raising interest rates. >> still to come, does the bond king think washington can get tax plan passed? [vo] the grille is distinctive. but it's usually seen from the rear. the 2018 audi q5 is here. ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ well i'm gone because she's listening this to audible.ughing and this woman is pretending her boss's terrible story is funny. experience the comedy, not your commute. dial star-star-audible on your smartphone to start listening today. intelligent technology can help protect it. the 2018 audi q5 is here. >> welcome back to "wall street week." now more of maria's interview with jeffrey gundlach. maria: there was scepticism going into the creation of the euro. now we've see brexit and catalonia. jeffrey gundlach: the euro is at a local high. it was up to 1.20. it'

. -- econ 101. inflation isn't tipped towards the deflationary. but we haven't been able to break up to 3-4 percent wage growth and i don't think we are going to with the feds putting on the brakes with raising interest rates. >> still to come, does the bond king think washington can get tax plan passed? it's easy to think that all money managers are pretty much the same. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. ♪ ca♪ yes you can ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ well i'm gone ♪ can i kick it? ♪ to all the people who can quest like a tribe does... ♪ with some big news about type 2 diabetes. you have type 2 diabetes

. -- econ 101. inflation isn't tipped towards the deflationary. but we haven't been able to break up to 3-4 percent wage growth and i don't think we are going to with the feds putting on the brakes with raising interest rates. >> still to come, does the bond king think washington can get tax plan passed? today, we're out here with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart? it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease and lower your a1c. jardiance can cause

there would be no econ to that because you know the levels will be kind of up at the bands off the often encourage the band so that at some point they were basically just jamming a bit in the studio and he listened very carefully to what would happen then he could get out and then he'd say don't do that don't change anything that we're recording and just like that all. in the early one nine hundred eighty s. west german band d f came to the studio they planned to record an album in three days they spent the first two experimenting. kone let the musicians do their thing and then he gave it all a lift who could use them. the result was d.f. provocative classic tungsten muscling me in one thousand nine hundred eighty one. but. it was a hit by. i mean to me money is something that runs in and out just like my tapes and it runs through it and gets used and. that's why we have a slightly different understanding of capital than the major industries. county plant died of cancer at the age of just forty seven the film pays tribute to a man for whom experimentation was always more important than s

conference there is a focus on sustainability and designing for an era of global warming for example econ creek has developed a chemically unique waterfront building material that encourages growth of marine life in projects now underway from the middle east to new york harbor my creating a habit that that is actually counts and permanent base you're creating a kind of a reef it's growing with time so it's becoming like and leaving water for the plants and marine organisms clinging to them actually make waterfront structures stronger and more resilient and a time when warming oceans are spawning more frequent more intense storms. well santa list is the site of one of the most ambitious landscape architecture and design projects underway in the country the revitalization of the l.a. river the river was in tuned in concrete in the one nine hundred thirty s. much of it is a lifeless ditch surrounded by industry full of trash and mostly off limits it's a gash the river is a gash and intractable corner of the channel rail and fences and you know it just was the kind of place that was invisible

the effect on jobs could be material impact econ says 256,000 u.s.ta ended, most in the services sector boston consulting group, different data, says 50,000 jobs are at risk in the auto industry, alone. sources say it may be too early for canada and mexico to ditch the deal justin trudeau of canada said last week they're not walking away but might not be too early for president trump according to people who have been briefed on the talks. reuters reporting the parties discussed dates for early 2018 negotiations that's a sign that maybe the countries wild keep humming along despite investors' fears of the worst that, kelly, would bring the talks perilously close to the mexican election next year which they want to avoid we will see what the three countries say tomorrow at an afternoon press conference. >> all right is it between three and five, kay kayla? they have a knack for that. >> reporter: begins at 3:00 tomorrow when we expect to hear -- that's when we expect to hear from canada, mexico and the u.s a trilateral meeting which might be a good sig

a lack of understanding and it's a challenge some are addressing head on one of those people said econ the mayor of london has spoken about his plans to reduce stigma. we've seen over the last few years the difference. training. people physically ill health and how we respond to that i'm hoping having better. few people. they won't feel stigmatized receive the help they need. the stigma just mentioned around mental health east is one of many barriers to treating syrian refugees many have experienced or witnessed atrocities during the war in syria now in its seventh year that war has created a staggering number of refugees more than five million many are risk of psychological trauma and in need of mental health services to cope with off to brutal memories from home and the difficult journey to escape and start life in a new country turkish authorities have estimated that fifty five percent of the three million syrian refugees there need mental health care while half of those families believe they need psychological support in germany which is taken in almost two hundred seventy thousand

we think an awful lot of that money mes back which is another econic benefit.ree to which the incident in las vegas may set back the president's agenda. there is stuff that has come to the forefront. giffords is back on capitol hill calling for new gun-control legislation. the minority leader of the house calling for a select committee on gun violence to study and report back commonsense legislation. you have seen this time and time again. congressman steve scalise back on capitol hill greeting his colleagues after a long rehabilitation still in progress. is something different about given the number of people killed? do you think anything is about to change? that a letter like this is about to get a bipartisan reception on capitol hill? >> i want to be very clear that my comments are directed solely to the political probability rather than my own views about what ought to happen. i don't think it will change anything. you have republicans who feel as they feel about the second amendment, about gun violence. you have democrats feelinghe same way. i don't see a

this is econ 101. >> let's talk about the effect on the deficit. reagan tax cuts the national debt triple. if you look at what happened after the bush tax cuts, massive ballooning of the deficit. why isn't it the case that these tax cuts will follow the same path and explode the deficit? >> let's think about the things that we agree about, fareed, for a minute. you agree, right, that the u.s. has the highest statutory corporate tax rate in the developed world, correct? >> most companies don't pay that -- >> why don't they pay it? because they've moved the profits overseas. there was a national bureau of economic research study that estimated that more than half the u.s. trade deficit comes from overseas. we have this high tax rate that they don't pay so why does lower the rate to encourage them to return the activity back to the u.s., why does that cause a deficit? it doesn't. it's illogical. >> would you stake your reputation on the notion that this tax cut will not increase the deficit substantially? >> i have to wait and see before i give a defi

conference there is a focus on sustainability and designing for an air of global warming for example econ creek has developed a chemically unique waterfront building material that encourages growth of marine life in projects now underway from the middle east to new york harbor my creating a habit that is actually calcium carbonate base you creating a kind of a reef it's growing with time so it's becoming like and leaving water from the plants and marine organisms clinging to them actually make waterfront structures stronger and more resilient and a time when warming oceans are spawning more frequent more intense storms. well santa list is the site of one of the most ambitious landscape architecture and design projects underway in the country the revitalization of the l.a. river the river was in tuned in concrete in the 1930's much of it is a lifeless ditch surrounded by industry full of trash and mostly off limits it's a gash the river is a gash and intractable corner of the channel rail and fences and you know it just was the kind of place that was invisible this is what the river looks

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