A dispute over a proposed iron ore mine in Wisconsin has spilled into the nearby woods. Native Americans have set up a camp to protect land near the mine site and say federal treaty rights allow the campers to stay.
Just months after Amanda Berry, Gina DeJesus and Michelle Knight escaped from years of captivity in a house in Cleveland, their captor is dead. Ariel Castro was found hanging in his prison cell last night. His death has now been ruled a suicide. From member station WCPN, Nick Castele reports.
Update, Sept. 4: We added the audio for David Kestenbaum's radio obituary of Ronald Coase.
If you created the world as a simple economic thought experiment, companies wouldn't exist. Instead, everybody would work for themselves, and they'd be constantly selling their labor (or the fruits of their labor, or use of their tools, or whatever) to the highest bidder. Wages would rise and fall every day (every hour! every second!) depending on supply and demand. That's how the market works, after all.