There are a lot of things to be annoyed about in modern life. The high cost of food and housing and childcare. Dating apps that don't seem to work. The fear of AI replacing you at your job. These are all common complaints and concerns, and each of them can be traced to a specific economic phenomenon or market structure issue. Once you start thinking about the world in this way, you can't unsee it. In this episode, we speak with Planet Money co-host Mary Childs, and contributor to the podcast, Alex Mayassi. They've just written a book called Planet Money: A Guide to the Economic Forces That Shape Your Life. We discuss how one of Tracy's childhood memories was a reflection of the commodity trap, what Baumol's cost disease tells us about daycare, and why -- despite all these frustrations -- there are still many reasons to be optimistic about economic progress.
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For the past five decades, every Republican president except Gerald Ford has tried to cut funding for public media. But NPR and PBS have never dealt with a moment like this, where the Trump administration is attacking them from every possible angle. A recent executive order demanded the Corporation for Public Broadcasting (or CPB) and executive agencies halt all funding for NPR and PBS; the FCC is investigating their corporate underwriting; and this week, the House is expected to take up a rescissions package that would claw back federal funding for the CPB.
Katherine Maher, the CEO of NPR, is fighting back. On May 27th, NPR and three Colorado member stations filed a suit challenging the president’s executive order. (PBS followed suit a few days later.) Suing the president is, obviously, an uncomfortable position for a media organization which has to cover him. But according to Maher, NPR is doing its patriotic duty to defend the First Amendment.
Kara and Maher discuss the potential effects the defunding would have on NPR, its member stations, and the communities that it serves; criticisms aimed at NPR and Maher, from both conservatives, on one hand, and some journalists, on the other; and her approach to innovation at NPR.
Questions? Comments? Email us at on@voxmedia.com or find us on Instagram, TikTok, and Bluesky @onwithkaraswisher.
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Tomorrow, NPR’s CEO Katherine Maher goes before a DOGE subcommittee in Congress to defend the public media outlet’s case for federal funding. Maher returns to Rapid Response for the first time since taking on the CEO role to preview her testimony, sharing how funding cuts would impact Americans’ broad access to crucial news and information, particularly in rural areas. Maher also reveals why the company has pivoted its DEI strategy, how the organization can better frame its identity as an outlet for all Americans, and more.
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How do you restore confidence after a high-profile leadership uproar? Web Summit’s new CEO Katherine Maher joins Rapid Response host Bob Safian to discuss taking over after the sudden, forced resignation of founding CEO Paddy Cosgrave. With echoes of the drama at OpenAI, Maher describes how she navigated the tumult, calming partners like Amazon and Google and enabling Web Summit’s signature event in Lisbon to draw 70,000 attendees. Plus, Maher shares lessons from her time at the helm of the Wikimedia Foundation and insight on how the world of politics and global events is increasingly intertwined with business.
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Ryan Mac is a tech reporter at The New York Times, Bobby Allyn is a technology correspondent at NPR. The two join Big Technology Podcast for a wide-ranging discussion touching on: 1) TikTik's ban in Montana and its potential spillover effects. 2) The rise of Instagram Reels. 3) Twitter's Role in the 2024 U.S. presidential election. 4) Elon Musk as Republican kingmaker. 5) Elizabeth Holmes reports to prison. 6) AI regulation's long road ahead.
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Even with public trust at an all-time low, Wikipedia continues to maintain people's confidence. How do they do it? Former CEO of Wikimedia Foundation Katherine Maher delves into the transparent, adaptable and community-building ways the online encyclopedia brings free and reliable information to the public -- while also accounting for bias and difference of opinion. "The seeds of our disagreement can actually become the roots of our common purpose," she says.
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For a long time, bond investing was considered a sleepy backwater. You bought a bond and just clipped coupons as you waited for it mature. Boring! Then Bill Gross discovered that bonds could be traded. He founded Pimco and proceeded to make lots of money from bond investing in sometimes questionable ways. Bloomberg Opinion columnist Matt Levine co-hosts in this special Odd Lots episode with Mary Childs, who's just published a book on Gross called "The Bond King: How One Man Made a Market, Built an Empire and Lost It All." We discuss some of Pimco's most famous trades, whether Gross was a good investor, and his legacy to the world of bonds.
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Bobby Allyn is an NPR tech reporter based in San Francisco. He's been waking up at 2 a.m. to watch the trial of ex-Theranos CEO Elizabeth Holmes from the courthouse. In this episode, Allyn breaks down the case for and against Holmes, the biggest moments in the trial, and the potential outcomes now that the jury is deliberating.
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About Guy
Guy Raz is a Sr. Systems Engineer at ExtraHop with previous experience as a Network Engineer and Solution Architect. Guy is one of the SMEs leading the unique ExtraHop approach to cloud-native NDR for the hybrid multi-cloud enterprise. Before joining the Sales Engineer team, Guy was one of the ExtraHop Solution Architects, responsible for conducting deep technical and business discovery sessions, assisting in troubleshooting and problem resolution during war-room and security/network investigations, and developing strategies for acquiring high-value data from the wire; requiring in-depth technical understanding of L2-L7 networking principles.
Links:
https://www.extrahop.com/
https://extrahop.com/demo
"I'm in a movie, but it's the wrong movie."
For better or for worse, we tell the story of entrepreneurs as one of the mythical hero's journey: that's there's a call, a test (multiple tests!), a destination... But nothing truly follows such a clean, linear, storytelling arc. Stories of success and resilience are messy and full of "sleepless nights, anxiety-ridden fears, moments of real despair and failure", observes Guy Raz -- who is the host, co-creator, and editorial director of three NPR programs, including the popular podcast "How I Built This" -- and has a new book (coming out this week) on How I Built This: The Unexpected Paths to Success from the World's Most Inspiring Entrepreneurs.
But in sharing these stories, are we also indulging in "failure porn"? Where do (and don't) debates about optimism vs. pessimism come in; does this really squelch the appetite for building? What happens when "unexpected paths" are actually things like a once-in-a-lifetime pandemic? Editor in chief (and showrunner of the a16z podcasts) Sonal Chokshi probes Raz on these questions and more, while also pulling the threads of how storytelling IS business -- whether it's a company or a community or a product or a movement. So what's the difference between "building buzz" and "engineering word of mouth"? And how do the stories we tell ourselves, and others, actually move things?
Raz is also an entrepreneur with his own production company; has won numerous awards and accolades; co-created a podcast for kids (Wow In The World); and is hosting a music interview show for Spotify, not to mention his NPR shows. So what's his best interview tip? And how does his story also thread into this broader sea of stories, along with the story of the podcasting industry, and even the story (and history) of the Bay Area? This episode is for anyone wanting to figure out how to rewrite their own story... it's really for everyone.
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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
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Nick is an Innovation Accountant, a mash-up of data, analytics, coding, running experiments, and explaining to leadership how it’s all going. He talks about what it’s like to build NPR One, the listening app created by NPR, a decades-old, non-profit media company, what he’s learned from the data about the way people listen to podcasts, and what technical skills he uses on the job.
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Nick DePrey
Nick DePrey is the innovation accountant and analytics manager for NPR’s Digital Media division. His roles include evaluating audio experiments through the NPR One app, using big data to make product decisions and developing personalization algorithms. He specializes in content performance metrics and deep product analytics. In his spare time Nick works as a composer and producer of music that often ends up in podcasts produced by NPR and other major networks.
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