All Things Considered

Monday-Friday 3-5PM
Michele Norris & Robert Siegal
Melissa Block
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Composer ID: 
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4:35pm

Wed March 6, 2013
Economy

Time For The Fed To Take Away The Punch Bowl?

Originally published on Thu March 7, 2013 10:49 am

Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking Committee in Washington last month. Some analysts wonder if he and other policymakers have kept interest rates too low for too long.
Carolyn Kaster AP

The stock market's long climb from its recession bottom has some people concerned it may be a bubble about to burst — a bubble artificially pumped up by the Federal Reserve's easy-money policy. That's led to calls — even from within the Fed — for an end to the central bank's extraordinary efforts to keep interest rates low.

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4:09pm

Wed March 6, 2013
Latin America

Venezuela-U.S. Relations Could Thaw After Chavez

Originally published on Thu March 7, 2013 10:49 am

Transcript

AUDIE CORNISH, HOST:

We turn now to the last U.S. ambassador stationed in Venezuela. Patrick Duddy represented the U.S. first under the Bush administration then later under the Obama administration. He was once expelled from Caracas. Ambassador Duddy is now a visiting senior lecturer at Duke University's Center for International Studies. When we spoke today, I asked him what it was like for him to be an ambassador to Venezuela under Chavez.

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3:30pm

Wed March 6, 2013
Shots - Health News

Hear That? In A Din Of Voices, Our Brains Can Tune In To One

Originally published on Thu March 7, 2013 10:49 am

Scientists say that understanding how the cocktail party effect works could help people who have trouble deciphering sounds in a noisy environment. Guests make it look easy at a Dolce and Gabbana Lounge party in London in 2010.
Paul Jeffers AP

Scientists are beginning to understand how people tune in to a single voice in a crowded, noisy room.

This ability, known as the "cocktail party effect," appears to rely on areas of the brain that have completely filtered out unwanted sounds, researchers report in the journal Neuron. So when a person decides to focus on a particular speaker, other speakers "have no representation in those [brain] areas," says Elana Zion Golumbic of Columbia University.

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3:30pm

Wed March 6, 2013
Music News

Britain's Brass Bands: A Working-Class Tradition On The Wane

Originally published on Thu March 7, 2013 10:49 am

Cornetist Adam Rosbottom rehearses with the Grimethorpe Colliery Band in January. The band was founded in South Yorkshire, England, in 1917.
Christopher Werth

The world often feels full of fading traditions, from drive-in movie theaters to the dying art of good old-fashioned letter writing.

For the British, add brass bands to that list. Traditional brass bands have played an important cultural role in working-class British communities for centuries. But some warn that without funding, they could become a thing of the past.

Take the Grimethorpe Colliery Band in South Yorkshire. The band was originally formed in 1917, and nearly 100 years later, a group of tuba, euphonium and other horn players still bears the band's name.

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2:27pm

Wed March 6, 2013
Planet Money

If The Catholic Church Were A Business, How Would You Fix It?

Originally published on Thu March 7, 2013 10:49 am

Now that Pope Benedict XVI has officially gone into retirement, the next leader of the Catholic Church has a lot to consider, including finances.
Oli Scarff Getty Images

The next pope will be the spiritual leader of the world's Catholics. He will also be leading a multibillion-dollar financial empire. And from a business perspective, the Catholic Church is struggling.

We talked to several people who study the business of the church. Here are a few of the issues they pointed out.

1. Globally, the church's employees are in the wrong place.

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