With recent worries about the global economy and stock market panic, investment expert Susan Schmidt, Senior Portfolio Manager at Westwood Holdings Group, has a simple message: keep calm. 55% of Americans have money in the market. Most are long-term savers. She says the basic rules of investing are surprisingly simple. Building wealth means savers should resist emotion and act as investors, not traders, ignoring the day-to-day changes in the market.
Read more#10 Big Government Corruption: Glenn Reynolds, How Do We Fix It?
The "revolving door" is a corrupting influence on both government and industry. So says University of Tennessee law professor Glenn Reynolds. He's an outspoken critic of Washington insiders and the blogger behind Instapundit.com, one of America's most widely read political weblogs. On our podcast, Reynolds talks about his intriguing solution to slow down the revolving door: a surtax that would be imposed on the earnings of high-paid former government officials.
Read more#6 The Sharing Economy: Middle Class Threat? Marcela Sapone, How Do We Fix It?
The on-demand economy is a hit with consumers. Uber, Lyft, Homejoy, and other companies provide a growing number of convenient services. But there's a heated debate about how they treat their workers. Should they be classified as independent contractors or full-time employees who qualify for health care, disability, and other benefits? Richard and Jim's guest is Marcela Sapone, CEO of Hello Alfred, a startup company that dispatches workers to co-ordinate laundry, cleaning, grocery shopping, and other chores. She has useful tips for freelancers and outspoken views about how employees should be treated by companies, communities, and the government.
Read more#4 Government Red Tape Mess. Phillip K. Howard, How Do We Fix It?
All of us pay taxes, but how well is that money being spent? Many government services are poorly delivered. From the local DMV or zoning department to the Pentagon and Department of Veterans Affairs, government can be a big tangled mess. For decades, Philip K. Howard has been a leading expert on how streamline government and make it work for all of us. His latest book is "The Rule of Nobody." In this episode, Richard, Jim and Philip a lively conversation about the problem and how to would fix it.
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