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Planet Money
NPR
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This episode originally ran in 2015. About one hundred years ago, a scientist and statistician named Francis Galston came upon an opportunity to test how well regular people were at answering a questio
Last month, Japan's central bank raised interest rates for the first time in 17 years. That is a really big deal, because it means that one of the spookiest stories in modern economics might finally ha
In 2019, Mike Ketchmark got a call. Mike is a lawyer in Kansas City, Missouri, and his friend, Brandon Boulware, another lawyer, was calling about a case he wanted Mike to get involved with. Mike was a
There's been a lot of disagreement in Congress and in the country about whether the U.S. should continue to financially support the wars in Ukraine and Gaza. Some taxpayers don't think the U.S. should
(Note: This episode originally ran in 2020 .) In the restaurant game, you need to make the most of every table every minute you are open. And you need to make sure your guests are happy, comfortable, a
It is rare that a new e-commerce company has such a meteoric rise as Temu. The company, which launched in the fall of 2022, has been flooding the American advertising market, buying much of the invento
Steel manufacturing was at one point the most important industry in the United States. It was one of the biggest employers, a driver of economic growth, and it shaped our national security. Cars, weapo
When you buy a bottle of rum in the United States, by law nearly all the federal taxes on that rum must be sent to Puerto Rico and the U.S. Virgin Islands. It's an unusual system that Congress designed
The wind power business is a bit contradictory right now. It's showing signs of boom and bust seemingly all at once. The story of wind energy markets in two acts today. First, the Gulf of Mexico saw it
When you sit down to watch the Oscars, what you are really watching is the final battle in a months-long war of financial engineering and campaign strategy. Because in Hollywood, every year is an elect
Dynamic pricing is an increasingly common phenomenon: You can see it when Uber prices surge during rainy weather , or when you're booking a flight at the last minute or buying tickets to your favorite
It is so expensive to have a kid in the United States. The U.S. is one of just a handful of countries worldwide with no federal paid parental leave; it offers functionally no public childcare (and priv
Fundraising is a staple of the school experience in the U.S. There's an assembly showing off all the prizes kids can win by selling enough wrapping paper or chocolate to their neighbors. But it's prett
Réka Juhász is a professor of economics at the University of British Columbia, and she studies what's known as industrial policy. That's the general term for whenever the government tries to promote
The Department of Defense's proposed budget for 2024 is $842 billion. That is about 3.5% of the U.S.'s GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But th
The Genco Picardy is not an American ship. It doesn't pay U.S. taxes, none of its crew are U.S. nationals, and when it sailed through the Red Sea last month, it wasn't carrying cargo to or from an Amer
L, is for the way you Listen to Planet Money O, is for the Only podcast I hear V, is Very, very, fiduciary E, is for... ECONOMICS! Every February, we dedicate a show to the things in our lives that hav
Keith King was upset when his marriage ended. His wife had cheated, and his family broke apart. And that's when he learned about a very old type of lawsuit, called a heart balm tort. A lawsuit that wou
There are tons of markets that don't exist because people just don't want to allow a market – for whatever reason, people feel icky about putting a price on something. For example: Surrogacy is a leg
It's Groundhog Day, and the eyes of the nation have turned to a small town in western Pennsylvania. And, just like last year, all anyone can talk about is Punxsutawney Phil! It is impossible to find a
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