Boom Bust: Louisiana housing crisis, Tcherneva on job guarantee over basic income

The top story: A housing crisis looms in flood-stricken Louisiana as many residents do not have insurance to cover catastrophic losses. Elsewhere, private prison stocks have plummeted after the US signaled the end of their use for federal purposes. Ameera David has details. Then, RT Correspondent Manuel Rapalo reports how Mylan pharmaceutical company has increased the prices for an EpiPen – used for individuals with allergies - from around $100 in 2008 to $500 today, a hike of over 400%. Afterwards, RT Correspondent Simone del Rosario follows up on her Black Hat conference visit with some illuminating information about how drones can operate.

After the break, the Levy Economics Institute’s Pavlina Tcherneva tells Ameera that a job guarantee makes economic sense. And in the Big Deal, Ameera and Edward Harrison discuss the economy in Turkey.