Episode 81

“Non-profit” Hospitals, TikTok Security, NYC Housing, Teacher Pay

Ravi and Rikki begin with the persistent national security concerns around TikTok, before turning to the riches of non-profit-in-name-only hospitals, New York’s failure to follow through on converting vacant hotels into affordable housing, and a deep dive on the conventional wisdom around underpaid teachers.


 Ravi and Rikki discuss the measures being taken in order to regulate TikTok, the only somewhat contrasting approaches of the Trump and Biden administrations, and the platform’s national security implications.

The hosts turn to non-profit-in-name-only hospitals and how the institutions make immense sums of money for their executives at the expense of employees and patients.

Ravi and Rikki grit their teeth in frustration as they recount New York’s failure to hold to a pandemic priority: converting vacant hotels to housing for the homeless. 

The hosts wrap up by examining the nuances of an oft-oversimplified discussion: whether teachers are fairly compensated.

TikTok National Security Concerns [2:32]

TikTok Is Bleeding U.S. Execs Because China Is Still Calling The Shots, Ex-Employees Say (Forbes, 9/21)
TikTok Seen Moving Toward U.S. Security Deal, but Hurdles Remain (New York Times, 9/26)
Leaked Audio From 80 Internal TikTok Meetings Shows That US User Data Has Been Repeatedly Accessed From China (Buzzfeed News, 6/17)
Sen. Mark Warner and Sen. Marco Rubio’s Appeal for a Probe into TikTok (United States Senate Select Committee on Intelligence, 6/5)
How TikTok has become a dangerous breeding ground for mental disorders (New York Post, 3/12)
‘Are There TikTok Employees… Who Are Members Of The Chinese Communist Party?’ Hawley Grills Exec (Forbes Breaking News YouTube Channel, 6:27, 9/14)
How TikTok’s Massive Influence Could Be a Threat | Offline Podcast (Pod Save America YouTube Channel, 22:16, 8/7)
Overtime: Wynton Marsalis, Scott Galloway, Matt Welch | Real Time with Bill Maher (HBO) (Real Time with Bill Maher YouTube Channel, 4:50, 8/9)

Non-Profit Hospitals [14:40]

‘Profits over patients’: Study finds charity care lackluster for nonprofit hospitals that enjoy tax-exempt status (Port City Daily, 10/28/2021)
How a Hospital Chain Used a Poor Neighborhood to Turn Huge Profits (New York Times, 9/24)
Bon Secours Richmond Community Hospital Financial Data (Virginia Health Information, 2020)
Bitter Pill: Why Medical Bills Are Killing Us (Time, 4/4/13)
Here’s how much Duke’s top administrators, athletics personnel made in the 2019 fiscal year (The Chronicle, 11/10/2021)
How nonprofit hospitals get away with the biggest rip off in America (Medical Economics, 1/17/20)
New York’s top-paid hospital exec earned $10.7M in 2020 (Craine’s New York Business, 4/15)
How to Fix Health Care: Lasik Surgery For The Medical Debate (ReasonTV YouTube Channel, 12/2/2009)
Historical National Health Expenditure Data (CMS.gov, 12/15/2021)
U.S. Health Insurance Industry Analysis Report (National Association of Insurance Commissioners, 2020)
Mark Cuban’s pharmacy startup is actually making drugs less expensive. It’s still working on solving the real problem (CNBC Make It, 7/28)
Hospital profits decline (Medical Economics, 5/11)
Charlie Rose 1 of 2 w/ Stephen Brill Interview Time Magazine (HealthCareInfoToday YouTube Channel, 5:07, 3/12/2013)

NY Hotels // Affordable Housing [30:45]

Success eludes New York’s plan to convert hotels into affordable housing (Politico, 9/19)
The vacant promises of Kathy Hochul’s $200M homeless hotels plan (New York Post, 7/11)
California’s ‘magic recipe’ for reducing homelessness (Politico, 11/4/2021)
Why New York Is Resorting to Tents to House Surge of Migrants (New York Times, 9/22)
This LA Musician Built $1,200 Tiny Houses for the Homeless. Then the City Seized Them. (ReasonTV YouTube Channel, 12/9/2016)
As shelters fill, NYC weighs tents to house migrants (AP, 9/23)
Manhattan office space is the most expensive in the U.S. (TimeOut, 8/8)
NY hotels to be converted into housing for homeless (PIX11 News YouTube Channel, 0:45, 7/7)

Teacher Pay [44:10]

Regulatory Arbitrage in Teacher Hiring and Retention: Evidence from Massachusetts Charter Schools (National Bureau of Economic Research, 7/2020)
The (Partial) Myth of the Poorly Paid Public School Teacher (Reason, 9/19)
Matt Yglesias: Are teachers underpaid or overpaid? And what does that even mean? (Slow Boring, 9/15)
The teacher pay penalty has hit a new high (Economic Policy Institute, 8/16)
We All Know Teachers Are Underpaid. But Who Imagined It Was This Bad? (Mother Jones, 3/30)
Are teachers overpaid or underpaid? (Slow Boring, 9/15)
Low Teacher Salaries 101 (ERS, 6/2018)
A Calculation of the Living Wage (Living Wage Calculator, 5/6)
Households Earning More Than $100,000 (IBISWorld, 5/16)
The Gap Between Teacher Pay and Other Professions Hits a New High. How Bad Is It? (EducationWeek, 8/22)
Overwhelming majority of voters say teachers’ wages are too low (The Hill, 9/5/19)
Average Teacher Salary Lower Today Than Ten Years Ago, NEA Report Finds (National Education Association, 4/26)
First lady on raising teacher pay (CBS Mornings YouTube Channel, 1:24, 10/19/2021)