On today's show, we're answering listener questions from the Planet Money inbox. Like, who really benefits from retail coupons? And why are goldfish so cheap? Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
It's fall, so on this episode, we're taking you back to school. First, what sorority rush can teach us about a particular kind of market. Then, how two economists fixed the way macroeconomics was taught in high schools. It's econ, inside and outside the classroom. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Taiwan is at the center of a global feud. Its main defense may be what some call its "Silicon Shield" — its powerful semiconductor industry. On today's show, the story of how one economic hero helped to transform Taiwan's economy and create the "Taiwan Miracle." Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Liz Truss, the new Prime Minister of the UK, was determined to change the British economy. Instead, her government's mini-budget helped kick off a mini-financial crisis. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
A lot of restaurants took a hit during the pandemic. And when they struggled to find workers, some found surprising solutions. On today's show, what happens when you offshore cashiers. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Today on the show, how we got from mealy, nasty apples to apples that taste delicious. The story starts with a breeder who discovered a miracle apple. But discovering that apple wasn't enough. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
What happens when you take some of the most powerful people in America — federal judges — and teach them economics? We look at the swanky econ retreats that may have changed American law forever. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Texas's energy grid is largely disconnected from the rest of the U.S. That led to disastrous consequences last year when the state's grid was overloaded during a winter storm. Back in the 1970s, one company attempted to change the system in a secret, middle-of-the-night operation. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
We're not in a recession, but why are the vibes feeling so off? We put the question to an economist and one expert on "vibes" and also hire a jazz band to take a pun way too far. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Eddie Oygur is an Australian businessman who's sold sheepskin ugg boots for years. But one day, he was hit with a lawsuit for breaking American trademark law. On today's show — what's in the name ugg? Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
On today's show - how your social circle is one of the strongest predictors of economic mobility and how pop music reflects the economy. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
A practically brand new Lexus with a New Jersey inspection sticker lands on an auto body lot in Turkmenistan. How did it get there? To find out, we journey into the bizarro economy for misfit cars. And we follow a very different kind of journey – of the auto body repairman from Turkmenistan who brought us this story in the first place. | Subscribe to our weekly newsletter here . Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney Learn more about sponsor message choices: ...
High gas prices have fueled speculation and investigations — is anyone raising prices and keeping prices high for profit? To find out, we break down the price of gas, piece by piece, to show you how we get to the price we see at the pump and how much everyone profits at each step of the way. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Productivity is our economic measure for how far our work goes, as individuals and as a society over all. It plays an important role in determining our quality of life, the prices of our goods and services, and, to some extent, the amount of free time we have. Today, we explore how thousands of years of productivity advancements transformed something now so standard that we take it for granted: light. | At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok ! |...
Sometimes online shopping can feel a little unsavory. There are the listings that make you question if you'll really be getting exactly what's advertised. And there's no worse feeling than paying for something and then not getting it. But when Nina Kollars ordered coffee pods and got WAY more than she asked for, it made her feel just as uneasy. Her quest for answers and what it teaches us about a new generation of online fraud. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/pl...
The Federal Reserve plays a very important role in the economy. When things start to look uncertain, the central bank is tasked with stepping in to restore people's confidence in the economy. But how do they do it? On today's episode we dive deep on monetary policy and the role of the fed. |At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok ! | Listen to past seasons of Summer School here . Learn more about sponsor message choices: podcastchoices.com/adchoi...
Congress just passed the biggest, most ambitious climate bill in history. And it's called ... the Inflation Reduction Act of 2022. What's with that branding? And what can the bill teach us about actually fighting inflation? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
International trade is the web of cross-border relationships that binds economies together. Because of trade we have access to cheaper, higher-quality goods, and we get to benefit from other countries' cultures. Economics tells us trade makes society, overall on average, better off, but that doesn't mean everyone wins. Today, the good and bad of trade through the eyes of workers in developing economies who make the things sold around the world. We follow them as they navigate the ever-shifting i...
The carried interest tax loophole is a way that wealthy Americans – often the people who manage hedge funds or private equity firms – avoid paying billions of dollars worth of taxes. It has been one of the most controversial yet durable features of the U.S. tax code. But where did it come from? Today we romp through space and time to piece together the origins of this loophole. There will be pirates and mutiny. A 50s tax-dodge-a-palooza. And perhaps the Michelangelo of tax lawyers. | Subscribe t...
You can learn a lot about a person from their job. The same can be said of an economy. The market for jobs can us a lot about how the economy is doing, but more importantly, it is where we look to see who the economy is working for, and who is left behind. In today's lesson we'll visit two workplaces each facing a different labor puzzle. At one end, there's the question of when to replace a worker with a robot, and what it is like to be that worker waiting for the robots to come. We'll also visi...
College has gotten incredibly expensive. And some colleges are offering students a new way to pay. It's not a scholarship. It's not quite a loan. It's more like the students are selling stock in themselves. We check in on how income share agreements at one school have been working. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmone y. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Inflation can be one of the scariest forces in the economy. As prices rise and your dollar doesn't go as far, you feel poorer, and it's all out of your control. To better understand inflation, we turn to the story of Brazil, where, in the 90s, hyperinflation threatened to derail the whole economy until the country turned to a group of unlikely heroes: four drinking buddies. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. |At this Summer School, phones ARE allowed d...
This episode, Micro-Face: The Musical. A full concert recording of a one-of-a-kind Planet Money superhero musical, taped during our recent live show at the Roulette Theater in Brooklyn, New York. Here's more from our project We Buy A Superhero. Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
So are we in a recession or not? The jury is still out, but there are some warning signs. GDP is down and inflation is up. But how much do we know about the 'indicators' that tell us how the economy is doing? Today, the stories of two of our most important indicators, the Consumer Price Index and GDP, and what they can and can't tell us about our current economic predicament.| Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: ...
Life has its ups and downs. Same for the economy. Today we ask, can the business cycle be tamed? Two stories of recession and techniques for moderating the ferocity of booms and busts. Plus, how bankruptcy is a secret weapon of the American economy. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. | At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here. Learn more about sponsor messa...
It has great bones, three bedrooms and one and half baths, and it comes with its own machine that mines cryptocurrency. But in a year of reckoning for crypto, how interested are potential buyers? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
What even is "the economy"? And how do you measure it? Our path out of the economic darkness and into the light has been guided in large part by one single statistic: GDP. This week: the origins, history, and problems with the economic indicator to rule them all. | At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
Wait, wait...don't throw that out! What if much of what you've been told about food expiration dates is... wrong? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
It's macro time! Today: Keynes vs. Hayek. Season 3 of summer school is here asking the biggest economic questions about what makes an entire economy grow or contract? Things like, is there a "right" level of unemployment? Who gains from trade? What rhymes with 'paradox of thrift'? Also, inflation, we'll get to inflation. Episode 1 begins with the rise of macroeconomics as a field, with one of the great economic debates of the 20th century: what causes booms and busts, and what can the government...
There's a movement underway in Georgia. More and more communities around Atlanta are choosing to keep their tax dollars very local, and become their own cities. It's a story about equity and exclusion – and also potholes. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy...
