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CBS Sunday morning podcast is sponsored by Edward Joe college tours with your oldest daughter updating the kitchen to the appropriate decade retiring on the coast. Life is full of moments that matter and Edward Joe's helps you make the most of them. That's why every Edward Jones financial advisor works with you to build personalized strategies for now and down the road so when your next moment arrives bigger small, you're ready for it. Life is for living. Let's partner for all of it. Learn more@edwardjones.com good morning Pauline has the weekend off a result of the marketplace on public radio. This is a special edition of Sunday morning, or money is. Let's start with the basics you need money to spend money for people with low incomes or no income at all is a problem and it's led to calls for a guaranteed minimum income. A promise.

The check is in the mail. We Kellan will report our cover story radical economic theory happens if you give people cash the better lots no strings attached. You give people the dignity essentially of making decisions for themselves on their own about how they're going to utilize the cash assistance to get universal basic info idea gaining new currency, especially one California city ahead on Sunday morning. If your child were critically ill. Would you have the means to find a cure at any cost. The parents, Tracy Smith met believe they do and they are going all out if you had all the money in the world could you save your child's life.

How much of a difference does money make in this fight will sadly it's all about money cure at any cost.

Later this Sunday morning. Salma Hayek is an actress wasn't satisfied with financial success is committed to improving the lives of the world's less fortunate, shall be telling John Blackstone what has made you such an activist wizard talk with actress and producer Salma Hayek and you soon understand wants nothing less.

And to change the world. I am I one of this world doing great so I like to have my own continuation I had on Sunday morning the dream some a pet project is providing a pretty good income to one enterprising young woman with Richards lessons are will meet her clients. Monkey has millions of followers on Instagram.

This hedgehog has 100,000+ they both share Edward aged animals all so you did this and coming up on Sunday morning a product the die for his stock in trade for the businessman that Luke Burbank spent talking to hundred 50,000 great waterfall is well manicured bearing shoe doesn't just sell property in Los Angeles is totally hot housing market sells eternity. My nickname with my friends as the subterranean condo King. That's right bearing shoe is a cemetery plot broke you're really close to all the rich and famous.

It's the real estate purchase of a lifetime. Later on Sunday morning both stories and more. What are Sunday morning money issue continues the check is in the mail. Technology is changing the kinds and number of jobs that we have in this economy.

So there's a push to get people who lose out a guaranteed minimum income but how big would that check be and who would come from questions for we Kellan answer in our cover story, sometimes assigning a window can be a sign of the times when emblazoned outside AX in San Francisco, says it all for years that robots are coming for a job eventually. Maybe that's why no one here seems tickly surprised and handed their machine made, said is pretty workable. Teresa can crank out about 120 any mistakes you might get away looking future human, that is, in which case might have you feeling pure about your job. Best estimate is about 30% of all jobs. People now do will be lost to technology, but most of those will be replaced by new jobs.

The real problem is new jobs will pay as much as the jobs that are lost Robert Reisch with the Labor Secretary under President Clinton. Like he says even the café acts. There are humans being paid to work alongside techno-seismic shift is coming.

Reisch will force us to look at work in a whole new way work gives structure and meaning to people's lives and if we don't have to work are people going to become philosophers, painters, artists, are they going to be involved in their communities to voluntary work or they just sit around watching television. We really don't know that answer. We don't what we do know is the income disparity in this country will likely only grow that has some suggesting a radical idea universal basic income guaranteed wage for everyone working or not.

No strings attached.

There all kinds of mysteries and potential flaws with regarding universal basic income, but it's inevitable going to have to seriously consider universal basic income. It's nothing new. Thomas Moore sought as part of his fictional utopia as early as the 16th century Richard Nixon once flirted with the idea, but perhaps its most eloquent spokesman Dr. Martin Luther King Jr., the minimum and all all all on the face of it, this notion of just giving people free money. It sounds pretty simple.

Sounds attractive.

The problem is it's not free.

There are trade-offs in order to finance something meaningful as a basic income for truly poor people would require us to find significant amount of additional revenue.

Where would we find Prof. Laura Tyson teaches economics at UC Berkeley and says even if every other social safety net program was cannibalized to pay for the math still won't add up. Let's take a simple example $10,000 a year 300 million people.

That's $3 trillion 3 trillion 3,000,000,000,004 so that's three force of the entire federal budget a number of places have tested the idea much smaller scale might.

So far, same none of those tests has been scientifically rigorous enough to determine much of anything which is why a lot of people are now looking at Stockton California rolling up my goal was to leave Stockton and never come back.

Actually Mary here Michael top 26, having gotten the job based in part on his promise to improve the economy. 25% of the population is 30% just one paycheck away. He thought what if he could provide that one extra paycheck payout not generous enough to encourage people to stop working, but big enough to give some financial stability unless I get there with Mercedes-Benz. When we got our year with a private jet travel to meetings to José give everyone an income floor's other books make the sinister plot he partnered with the economic security project organization shared in part by Chris Q, the cofounders of Facebook is written extensively about the basic income idea.

Starting this fall's group will underwrite an 18 month experiment in Stockton that will give $500 a month to about 100 families and see what they do with Tubbs knows it's not without its risks is no strings attached. You don't know.

I have no control over what people will do with the $500 Lisa Castellon has a good idea. Anyway, put a little bit a really fun I stress you know let us breathe a little bit. I don't remember the last time I took my kids. She works for minimum wage Stockton elementary school is both crossing guard and play grandma is not sure it should be one of the ones getting the money but she hopes whoever does take the experiment seriously, don't blow it on something done to get yourself that in music to get yourself ahead the possibility of the basic income idea is still a matter of some pretty basic debate. The big investment big unanswered question but for people like maritime economic challenges that lie ahead. Maybe even think answers to these questions when they really say that no I tried this in my city and this is what happened but I being an internal optimist and knowing the folds of my city.

I'm very confident that now. The subject is dirty money and we doing dirty ripped torn and damaged but not worthless as a reader braver explains this is the famous task that is her. It was rent money story. It started when Mark Bynum, Greensboro, North Carolina into his bedroom one afternoon I just happened to glance down at my bed and I saw a piece about maybe the size of my thumb of a $20 bill and another little piece that's when he decided to call housemate Scott writing key and Mark says to Julie about rent money I left out $400 in increments of 20s and tens. I put two and two together and came up with tests when Mark remembered hearing about the US government agency that might come to the rescue you put in a call and the dog ate my money. Actually, a person answered he was like if you feel like you would have the patience and the time to follow your dog around for the next 2 to 3 days. You will find your money. Yes, since the 1860s the US Bureau of engraving and printing has had a program that we place is severely damaged. Money a lot of people sore money and houses. Store in the drywall.

The put in their attic and mice will get interior termites or get into it. Eric Walsh is the assistant manager of the mutilated currency division.

We typically process about 20,000 cases a year and doing so were somewhere between 30 to 40 million. Wait a minute, 23,000 people sand and damaged currency you send out $30-$40 million. Most common are fires water damaged either through floods or being very demand you send this package of about 100 that arrive each day will that water had leaked into a money films are married and his deceased parents phone.

This is when our worst case 63,012 full-time examiners piece together the bales. Some have been accidentally spreading and sharing. William still remembers recovering $1000 for a woman who stored her purse in the oven and it was older. Many packages override with detailed letters. Examiners like the one Libby left to guess how money got destroyed. What happened to that long buried somewhere. The real stuff together sometime to help talk to customer cry like this is my life saving my can do and you feel really bad.

So you try to do the best you can. As for Mark and Scott.

They follow tests the dog around for a few days in a bag full of, well, let's not go there weeks later I got a check for $400.

I think it enhanced my view of government.

It actually was something by the people for the people that it actually had a direct effect on my daily life, did you learn a lesson from the six are clearly learned a lesson to this your child's disease. Any cost is a promise not a lot of parents are in a position to make. Tracy Smith introduces us to a couple who were determined to give it their all. From the looks of it the McDowell family has it made. They have a beautiful home with the front lawn big enough to keep horses on a Secluded St. in Pebble Beach. One of the prettiest and priciest spots on the northern California coast index, but what the McDowell's really want to buy now is a cure for their son's cancer.

How much of a difference does money make in this fight will sadly it's all about money. The thing is, money hasn't really been a problem of late writer and Victoria McDowell, who were married in 1991 made a fortune together with home health products like airborne immunity boost and pine brothers cough drops and their real riches came into thousand when Victoria gave birth to a son, Carol, and eight years later to twin boys back and peers for a time. It seemed that the McDowell's had everything we say almost to lucky this is almost feels like it's going to drop on this and then as you put it in the boondocks five years ago arrow now 18, was diagnosed with medulloblastoma rare brain cancer surgery and chemo chased away for a while now it's back but Carol is optimistic very blessed and every everyday I think I'm unlucky because of the cancer after my myself and I'm very lucky because you know I have that the mean state to kill it. The key word here is the means. For instance, when the McDowell's heard about something called anti-CD 47 a promising new treatment that wasn't yet available they were able to offer $10 million to anyone who could legally provide it for arrow and any other kid with brain cancer at 70 to Somebody did and they were so gracious they didn't want the $10 million. So what happened to the 10 million you still haven't anti-CD 47 wasn't the silver bullet.

The McDonald's were hoping for. The decking events that Carol's cure might still be just a few dollars away and they could be right, says Dr. Noll, and Gupta UCSF Benioff Children's Hospital can cancer be cured if we throw enough money. I think we can. I think we can accomplish that with some realistic expectations of what the goals are and right now the McDowell's goal is more money. They've assembled a team of doctors and researchers and publicly ask Jeff Pazo's billionaire founder of Amazon for a $250 million loan to fund an all-out effort 250 would be used specifically for pediatric brain cancer research to cure pediatric brain cancer. Pre-could fix that with $250 million-$50 million answers a lot of questions asked when I say that and ultimately the money gives you more options for the money is not a cure help talk the McDowell's hope has a new urgency since his relapse doctors say Carol's chance of long-term survival has plunged from 85% to around 10.

Do you allow yourselves to think that you could raise all this money and it might not make a difference in this case we go there we lost we have to keep going forward, we could change five cities to consider yourself lucky to have our three boys still here at the office is anything but just another day at least, that is at the office Tony to Coble Texas to briefly hear memories of all tables over there was more than you want to glimpse a professional parent or at least one vision of the look no further than we work as far as the for water this morning because I haven't had for some time.

I was like wow I love cofounder Adam Newman presides over and Empire free goodies. Yes, including free beer and offices designed to encourage interaction after you to be clear most of the people that we work 242 worldwide locations are not Newman's things but his customers renting workspace in the booming field known as co-working think about it like you would think you pay a membership, you get to share all the equipments it's really a shared infrastructure for business. Steve King studies co-working and says the industry has grown from as little as many people into thousand seven, 1.5 million worldwide. A decade later in a projected 5,000,000 x 20 23 workforce continues to grow every year there are more freelancers and there were in the last year and then a growing segment is large enterprises. Large corporations also see the advantage of having flexible workspace, and Newman says many larger companies including some in the Fortune 500 have invited.

We work to redesign existing law to about two years ago. Enterprise large corporations larger than thousand three start coming because I we want this energy we want this nice-looking space but we don't want just that the culture we want our players also be this happy. And speaking of happy we were founded in 2010 has become one of the most valuable young companies in America worth an estimated 20 billion a sum that begins to make sense when you hear from members like food safety consulting moral cotton number one Lysol here earlier so I tell myself I'm happy there is this happens when you're in a community supporting these new communities is the real mission of we work in a growing number of competitors omission that goes way beyond the office to discover the secret of the universe and that if people knew this way more people would do it this time last year. Freelance writers Michael Jensen and Brett Harding, jerk were board working out of their house in Seattle. That's when they heard about this place.

Rome is not bad.

Now, they cold live here co-working space on the same property and co-relax the rest of the time with shared meals and a constantly changing crowd of rumors for a daily fee. Rome members can work and live in outpost in Miami, London, Tokyo and Bali with eight more properties planned. All for people looking for a sense of home but not a permanent address to fill in the sentence for me.

Home is where the blank is working and, of course, for another co-working demographic home is a little more complicated to entrepreneurs. Sarah Bagley is the mother of three and a member of play work or it – a combination co-working in childcare space outside Washington DC and you go through. We were trying to make do without a space like this. Amazing what you can do when you are not having your brain between my toddler doing and trying to focus on what's been done for a few hundred dollars a month. Parents get a desk plus up to three hours of childcare. People coming in. My gosh looking for founder Nicole – says what she's really building is a movement of what I don't think that having children and being professional and mutually exclusive part. I think I'll sell allowing parents to find and decide for their own family. Energy and color. Felix backing we were Adam Newman is also going to change the balance of modern life, adding apartments called we live schools called, we grow in the future. Whole cities powered as he puts it by.

We the most precious resource we have is time just being in place and work for the sake of making money and pass on everything else and then go home to live half of her life for many every waking hour is partially work which is no longer really work and what and partially play all life coming to share some pillow talk with the pillow tycoon Martha Tyson does the honors looks like you're not sleeping well. Mike Lindell spends 1,000,000 1/2 dollars a week on commercials to make sure that you know about his guarantee that my pillow will be the most comfortable pillow you so more than one in incredible success.

You start fishing considering the story actually had a dream which I believe is right from God about my pillow when I dreamt the logo for sexually made my pillow. The dream came true. This back in 2004, Mike Lindel, a man with lifelong sleeping issues had to invent the pillow with his dreams talk about all year. I kept trying different things. My youngest son and from home with different songs. There you reek a moment when they combined different sized phone jumps all three sizes are in every pillow lock together and you have the most amazing adjustable pillow in history. At first Lindel sewed the pillows himself. The big box stores had no interest.

We were right over here back in December 2004, so he set up a table at his neighborhood mall like a lemonade stand only pillow fold all only about 80 pillows over how long. About a month. Sales picked up, but Mike Lindel had a problem. A big one was a cocaine addict friends since the night mid 1980s that switch to crack cocaine in the early 2000. What kind of dollar a week habit. Did you have anywhere from $500,000.

We probably don't another living day by day and we're losing her house. My wife of 20 years. She left this picture was taken the night his crack dealers. Yes he is. Dealers staged an intervention in the spring of 2008.

The one guy since Mike's been up for 14 days. He said were shut me off. You're not getting anything the following year he quit cold now change a channel because the next couple hours can change your life changed his life infomercial launched October 7, 2011 at 3 AM in the morning. Not that time I had about 5 to 10 employees and 40 days later I have 500. He has around 16. Most of them working outside weight as they say in infomercials. Lindell says at any one time 20 to 30% my pillows and our second chance or like him.

Former among them Chelsea friendship so I was a heroin addict for about eight years and out of here and right away that you're hired places give me a chance. My background Mike Lindel considers his business is success. A gift from God, proud that his pillows are made in America when I get behind something and is an enthusiastic soup order resident Donald Trump is with the Better Business Bureau, dropped my pillow from an A+ rating to an claiming that a long-running buy one get one offer was really at regular price. Lindel dismissed the demotion, saying he was targeted because of his political views. They brought the level of my pillow frame up here so they helped me think about politics Mike Lindel is about action little monkey business is one woman's pet project is turn into a project with legs. There's a Richards lesson the words as usual with your clients about which people represent fact, she doesn't represent people that all this is will be this is that, Lonnie Edwards owns the dog agency name is a little misleading. She represents all sorts of animal stores of Instagram Lonnie Edwards has gotten Atticus the hedgehog starring roles in Instagram ad campaigns for stained master carpet cleaner and Olympus cameras when each one of the 117,000 people who follow Atticus logon they saw these pictures like I Stephanie Zhang and her hedgehog were in business a lot of benefits of the fact that they can read over the contracts for you and Nicotiana tens of thousands, sometimes hundreds of thousands and sometimes more than a million people follow some of the animals whose pictures are posted on the social network. Popular animal becomes what's called influencer have as much influence as calm and call to monkeys from Miami, Ellicott, and her boyfriend Matt crown started posting pictures of their monkeys for their friend. Then the monkeys went viral and exciting laugh, if you will, but sponsors are willing to pay for parents and the eyeballs they attract. Turns out Edwards has the perfect pedigree to figure out how to make good money off of them. Is this what you envision disrespect so unusual that this business is not just creative. It's lucrative nine dollars per content and many a lot of money. Just this month, the Miami monkeys became paid spokes primates for the year. Their first sponsorship could be the start of something big money Edwards had a party recently for some of this exotic Lonnie Edwards is doing just fine for school jealous left money issue special edition Sunday morning here again is because I reinstall.

Salma Hayek was nominated for an Oscar for her performance as the artist free to call the movie Frida back in 2002. These days she's wanting notice for roles on behalf of charity as John Blackstone tells us last night Eunice United Nations 200 so I daily K humanitarian takes so many be be changes its recognition for all that she has done for more than a decade on behalf of women and children around the world is hard to decide who should get money spent is less question 80s final help the most. How can you help the best little cool to be the most effective.

As you become an activist. Some very strange question. All things, why don't you she helped raise more than $700,000 for relief efforts after the earthquake in Mexico last September 2015 she visited Syrian refugees in Lebanon and 2008. Here she is in Sierra Leone Was a leading cause of death among mothers and babies during the trip, 15-year-old mother approached her baby just days old. Nothing was something I was left my time for the first time that I was weaned from breast-feeding.

I was a lot of people that were upset but there were many as well. God save the life Salma Hayek was born in Mexico in 1966. Her father of Lebanese descent was an oil company executive mother, Mexican and Spanish was an opera singer at the age of five. Soma would sit in front of the pink window in her home.

Sometimes I would just look out this window, but stories and come up with scenarios of what my life and myself my own place.

When I would play with my imagination when winded acting enter your entry among acting enter my mind and that I was about to say I went but she says she somehow found the courage after appearing in popular Mexican soap operas, novellas, she came to Los Angeles at the age of 24 and studied acting but after being a big star at home she got work only as an extra. There was not a chance to succeed. Especially because I was Mexican… This percipient people would laugh at me time to understand the nixies they was one of the nixies, but in more than 50 movies. She became one of those actresses says they say the camera loves: stop the train. This is no. It may be better portrayal of the Mexican painter Rita Kahlo created the most attention.

She produced the movie and also earned an Academy award nomination as best actress. Something inside just to session since the work for eight years years to get off the ground. She made headlines in December with a New York Times op-ed piece about the price she paid to work on Frida with producer Harvey Weinstein which she wrote involved many inappropriate sexual demands charges Weinstein is denied, but that essay helps to propel a movement that most excited by formal is that when the world so all these women that I still be civil because it's Hollywood, that essay is not okay. We take the following times to say the stops now in 2009.

She married François Henri Pineau, the French billionaire's company carrying such luxury brands. Stella McCartney and today Salma Hayek be no is busier than ever for production company Ventana Rosa name for that Rose window.

She sat in front of as a child is preparing for new movies and five new TV shows like to wake up every day I work when I think I would die if I didn't have that in my life. Burbank has been shopping for status symbols to die for.

You can immediately feel like going to a nice neighborhood, you're like, well manicured lawn.

What hundred 50,000 great waterfall charming is a great word for it makes a real impact on price great investment. Parents you is like a lot of real estate brokers in Los Angeles.

This is well over $600,000 there is just one difference though between Chiu and the others. My nickname with my friends in the subterranean condo King Baron Chiu is a cemetery plot broker helping folks buy and sell space in LA's rapidly filling cemetery orders innocence property is smaller, small but not cheap with some family plots being listed at over $1 million with those be the most expensive pieces of real estate in all of California that would say so, wouldn't you mean it's pretty hot and it's real estate.

You don't even own. Once you've bought it, it still technically belongs to the cemetery. However, you do have the right to stay as long as you want the cemeteries on the grave, but you're buying the right for Barry. Other than that cemetery real estate works a lot like other real estate location location location people looking for views people are looking for peaceful sceneries and believe it or not, were so busy in Los Angeles. Some of the busiest cemeteries in the world that traffic and cemetery can determine prices well wait. So in LA the traffic is so bad there traffic jams in the cemetery. Absolutely crazy. Oh, and one other major factor that drives prices which celebrities are buried in the cemetery. This is after all Southern California thought that many cemeteries in LA, Baron Chiu says he doesn't use dead celebrities as a selling point he thinks is disrespectful but for fans of those celebrities.

LA's cemeteries have always been a big draw world movie buff you like to come and visit Bill movie stars Larry Trujillo makes the trip to LA from Albuquerque each year. The highlight visiting Marilyn Monroe would like to clean her gravestone up if it's very fresh flowers of freshwater and John Rocher and Lynn Williams came to Hollywood forever cemetery for Judy Garland.

She was in New York at Liza Tucker back but under one condition should be here as far away from it is possible Garland was known to have carried a torch for Rudy feeling alas, he did not share just another reason for Rocher to invest in his little slice of eternity. Oh really smart thinking yeah because it ain't she pleased he does not not cheap at all in the cemetery. You are really close to all the rich and famous and can't do while you're living mother delighted that Baron Chiu showed me one of his properties. It's for sale for about $160,000.

Also in Hollywood forever cemetery can I try this out yet.

So from here down here.

They say if the shoe fits. I gotta say it's very relaxing taken.

It's one of life's eternal questions and money by happiness.

Susan Spencer went looking for answers in 2000, fresh out of college Christian in a hose and took a juicy job as an investment banker getting paid big box you're making six figures of 21 years old. You have a car service at your disposal. You're flying all over the world think he was happy I was miserable. I remember having the thought, all I'm doing is trying to make money for my clients my bosses and myself and I said don't know if I can do this anymore. He stuck it out for five wretched years then decided to check it and applied for a different job of very different job while I was actively employed as investment I submitted an application of the Valspar department and a few months later got it. You went way out of the Lamb. 13 years later, Capt. Christian lives modestly in a two-bedroom rental making well let's just say a lot less than the seven-figure salary he would've been making. You left a ton of money on the table but my quality of life with through the roof doing what I do feel proud of him for having made this decision happier are also healthier Amherst College psychology professor Catherine Sanderson was Christians undergraduate advisor. She says his decision was especially tough in our moneygrubbing culture assumption all way. I just had a little bit more.

I get a little bit more, then I will reach the top ultimate question can money by happiness. Sanderson's emphatic answer is no bikini contentment she says is not how much you are how you feel about earning it when you talk to people who love their jobs overwhelmingly what they say is not. I love my paycheck. I find John meaningful is something she's trying to teach her own college age son.

I remember being at a brunch with some of his friends, parents, and I said I think my financial would make a wonderful high school teacher and another parent at the table said he could do so much better because of course he had one recently made more money. Research shows that once you are above the poverty line, making more money won't necessarily bring more joy, especially if you spend it on more stuff. The reason is what psychologists call the head Dominique treadmill like hamsters on new stuff satisfied with the stuff just got there's a cartoon that I show I when I get a talk on line. I should about more crap.

That is why my thinking biggest regret is I wish I had a nicer car, so spending money on stuff won't make you happy. Should you spend it. Even spending as little as $40 to buyers on that of a negative experience, like cooking or cleaning can have significant benefits for people's happiness. Harvard business school professor Ashley Willens and her colleagues out cash to two groups of people telling one to go bind themselves something and the other to pay someone to do a hated chore, like the laundry yes it was happier. Participants who bought themselves time recording, more joy and less negative emotions so money. In fact, can buy happiness. If you spend it in the right way. Yes that's right just don't tell that to Christian Hinojosa is money by happiness. I don't believe this. I'm car result. We hope you enjoyed our money issue and that you will join Jane Pauley. Here again next Sunday morning is taken with bleach again this week. Stephen Long live Mitch McConnell in one of Washington's biggest midterm money list for me to Senate races you think Republicans have the best chance of taking a democratic seed with Nevada not Georgia.

Georgia is right up there with New Hampshire's surprise, New Hampshire people really just kind of don't like you have for more from this week's conversation followed the take-out with Maj. Garrett on Apple podcasts or wherever you get your podcasts