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5:00 pm
Ascent of Money
"Risky Business"
The ability to calculate risk has led to the creation of enormous wealth, or when calculated incorrectly, catastrophic economic fallout. In New Orleans, Ferguson witnesses the destruction still on display from Hurricane Katrina because insurance companies were unable to cover claims to rebuild homes; the region has been deemed uninsurable ever since. The origin of the insurance industry brings Ferguson to Scotland, where, in 1744, two ministers devised calculations that would predict the risk of a person's becoming sick or dying and established a fund that would support families in such instances, giving birth to the modern insurance industry. D
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6:00 pm
Ascent of Money
"Planet Finance"
By the beginning of the 21st century, the systems of credit, insurance, bond trading and stock markets had transcended all national boundaries to create a truly global economic system, opening the door to unprecedented growth, but also worldwide instability in the event of one nation's downturn. In an effort to establish more stability following the Great Depression, the U.S. government's New Deal created a "property owning Democracy," a system of federally backed savings and loans that allowed more people than ever before to buy homes by offering low interest rates and long-term mortgages. D
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7:00 pm
Dabbawallas
This documentary explores a form of work that has existed in Bombay, India for more than 100 years. Each day 4,000 Dabbawallas (box persons) deliver 100,000 lunches at high levels of reliability. This delivery system functions without any of the trappings of modern day work, such as technology, business procedures and practices, and so on. D
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8:00 pm
PBS NewsHour
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9:00 pm
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9:30 pm
Journal
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10:00 pm
Charlie Rose
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11:00 pm
Ascent of Money
"Planet Finance"
By the beginning of the 21st century, the systems of credit, insurance, bond trading and stock markets had transcended all national boundaries to create a truly global economic system, opening the door to unprecedented growth, but also worldwide instability in the event of one nation's downturn. In an effort to establish more stability following the Great Depression, the U.S. government's New Deal created a "property owning Democracy," a system of federally backed savings and loans that allowed more people than ever before to buy homes by offering low interest rates and long-term mortgages. D
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