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Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy. That's what we're going for at Planet Money. People seem to like it. Thanks for making this podcast. Coincidentally I went to the podcast listing looking specifically for a show that can help me understand the current financial crisis me being largely clueless about these matters and there was this show, recently launched.
The host is good at coaxing clear, plain-spoken explanations out of his guests on rather complex, global issues. I hope you consider making the shows longer. At 20 minutes they're easily digestable, but I'd happily continue listening. The Global Pool of Money episode of This American Life forever changed my understanding of the US and global economies. This podcast continues that great easy-to-understand viewpoint, demystifying the jargon and confusion previously associated with economics.
Planet Money keeps me so well informed that my friends and family come to me with questions on the economic crisis. How to get five stars? Get rid of Laura Conoway. She's not a credible or interesting addition to the show. Her comments and remarks are not only unprofessional and ignorant at times, but also annoying and ill-informed. The Global Economy show on This American Life was one of the absolute best I've yet heard in the 10 years I've been listening.
Your first two podcasts here promise much much more of the same. Please and Thank You. Follow us iTunes and discover new iTunes Radio Stations and the music we love. Open Menu Close Menu Apple Shopping Bag Apple Mac iPad iPhone Watch TV Music Support Search apple.
Overview Music Video Charts. Opening the iTunes Store. If iTunes doesn't open, click the iTunes application icon in your Dock or on your Windows desktop. Opening the iBooks Store. If iBooks doesn't open, click the iBooks app in your Dock. Click I Have iTunes to open it now. Planet Money By NPR. View More by This Publisher. Description The economy, explained, with stories and surprises. Seemingly overnight, it became a pariah.
On this episode, we drill into a rift years in the making: It's a tale of falcons, kidnapping, and a glowing Saudi Arabian orb. What the Falcon's Up With Qatar? Yes, but he won't like what it would take. The hunt for a better pesticide gets way out of hand. Finding it almost gets him killed. But the government won't register it as a trademark if it thinks it's offensive.
It gets weird when you try to decide what is too offensive to trademark. The latest attempt was by a group of hackers who tried to take down slot machines using math, iPhones, and a whole lot of swiping. The answer has implications for everything from how the next generation will live to whether robots really will take all our jobs.
But its effects ran deeper than that. We travel to India to see what happened after the country's demonetization. The government declared most of the paper money invalid. Demonetization they called it. Today, we meet the man who came up with the plan.
It's a hyper-efficient, optimized system, tested by game theorists, tweaked by a Nobel Prize winner, but it requires comfortable shoes. Today, we ask the person at the center of it all, former Fed Chairman Ben Bernanke, why it happened. We talk with the descendants about what - if anything - they're owed. How'd they get there? Solving the mystery only raised more questions. We trace the roots of one made-up holiday until we find out who is running the global holiday machine. Today on the show, why those licensing rules hurt the U.
We build an automated stock-trading bot. It analyzes the twitter feed of President Donald Trump, then trades stocks with real money. You can follow our bot on twitter, BOTUS. Snuggies, printer toner, and a banking road trip. Three stories about what happens when you actually read the fine print. So why are so many turning into blockbusters? But then a big tax lobby heard about it What's It Worth To You?
It's 49 words meant to prevent foreign influence on US officials. How does it apply to a president with a global business empire? Can Trump Take The Money? So we revisit our story on hackers for hire: On today's show, we ask: What are the key parts of the law? And how are they likely to change? Could the principles of economics be applied to the most intimate of human experiences, like, say, love? So what happened to Florida's economy with all these new people coming in? And what can we learn from it?
She told companies, 'if you want to sell your stuff here, you have to build it here. On the show, we call out rivals and colleagues who did what we try to do better than we could have done it.
I'm So Happy For You! While he was there, he thought up a better way to move money behind bars. Now he's out and trying to sell his idea to international investors. We ask three economists and get three very different answers. None of which include building a wall. Now picture it from above, from the vantage of a soaring bald eagle. It's an all-you-can-eat buffet. What's the plan, what's the theory behind it, and does it work? It's been around for decades.
It makes a lot of sense. It is a generous program. And almost nobody's heard of it. But there are already tariffs on auto imports and one got there because of chickens in Germany. This is how trade barriers tend to spread. Then he slid sideways into blackjack, changed the game forever, and set his sights on Wall Street investing.
He changed that forever too. President Obama's staff has been scrambling to lock in rules before Trump takes the helm. But will they stick? His target was the Iranian government. His quest would pit him against both Iran and the White House. He cuts taxes dramatically in his state and he promises good times ahead. But the good times do not come.
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But when a Wall Street firm set up shop taking Vegas bets, both sides got a surprise. We have a pretty strong opinion about the Dow. We think you should ignore it. That there should be a moment when debts are forgiven. Its called a jubilee. One country tried it. The United States has no exit clause. It led to civil war. Europe, on the other hand, has Article On one side, the best lawyers money can buy.
On the other, a night school lawyer who had never argued a case before. The outcome could affect everyone on the internet. Amy and Steve vs. Many try to fix it. Most of them fail. A year-old call center manager, with stress balls and costumes in her arsenal.
How we got from candles made out of cow fat to as much light as we want. The history of light is the history of economic growth — of things getting faster, cheaper, and more efficient. To build a steak empire. On today's show, a fourth-generation American cowboy teaches Russian ranchers how to make American-style steaks. Some things get lost in translation. Like the headline says: We bring you stories of 17 deals in just 17 minutes not counting the intro, the ad, or the credits.
You get life lessons in making art, and negotiating contracts. And the story of a time when the world went wild for debt. But once they get into office, it's not always possible to carry through on them. We ask, can Trump do the things he's pledged to do?
We look at three economic indicators to see what they can tell us about a Trump presidency. They're also one of the most coveted foods in the world. Why are they so expensive? And why are people willing to pay so much for them? Then we nervously watch to see what a focus group thinks of them.
A long, boring form most people don't even know exists. So how did it go so wrong? Now he can't stand self checkout. So we take him shopping. So the car company took a big risk and targeted a group of consumers that just about everyone else was ignoring.
The story starts with a breeder who discovered a miracle apple. But discovering that apple wasn't enough. It's a place where a bunch of young, stressed-out workers were rewarded for doing some very bad things. A place that also happens to have the lowest healthcare spending of any region in the country. You asked us questions about the economy and oddities in your world.
The fight over free trade. Come for the man who dreamed of world peace through trade. Stay for Robert Smith in the mean streets of Seattle. Are customers being forced to walk through the store or is it just practical to keep the milk at the back? Why Is The Milk In The Back Of The Store? Why textbooks have gotten so expensive. You have to find another way. In this episode, we investigate: How many mackerel is a flock of puffins worth? Why don't farmers specialize and grow more food?
Two economists with very different theories go head to head to find out. But a few years ago, everything changed. Her show changed the landscape of Spanish language TV--and of all TV. We follow the Planet Money oil to a gas station. What would our world look like if there were no fossil fuels? Oil is in our sneakers, our clothes, and the computer or phone you're using right now.
The story of the man who made it happen. The Planet Money oil faces a test, we sell it, and we meet the man who set off the fracking boom in America. Oil is priced down to the penny, and the price changes every day.
Who sets that price? We're getting into the oil business. We go to Kansas, and negotiate with a preacher to buy barrels of crude. Economists do not like it. But it just won't go away. A retired professor in Atlanta thinks he's solved the problem. It could bring textile manufacturing back to America. It knows your secrets — and it might be giving them away. Producers have to carefully calibrate the rules, the drama and the prizes just right. Sometimes they get it way wrong. Can a Game Show Lose?
For decades, the number of women in computer science was growing. But insomething changed. From a hospital, a scammer, and the ever-exciting global bond market. But that's just part of the reason why America got hooked. Today on the show, we trace the roots of America's heroin epidemic with a dealer, a user, and a DEA agent. So today, a divorce story in two acts. We hear from both sides: The people who voted to leave, and the Europeans being left.
But what probably doesn't come to mind? But the thing people love about it may be destroying it. And what's coming next? How much is in our heads? Is A Stradivarius Just A Violin? Cattle rustling — stealing cattle — is on the rise. The crime is as old as America, and it's making a big comeback. And we dive in to make sense of it.
Today on the show: We meet the man who stole your office door. But in Myanmar, a country that was cut off from the rest of the world for decades, an ATM is a small miracle", "title": One way is to hide the money in plain sight, right in the heart of New York City. It said the Nigerian government was offering millions of dollars to people with business ideas, practically no strings attached.
She gave it a go. And finding the right spot to set up shop can mean the difference between fortune and ruin. Islamic law prohibits charging interest. Also, what happens when they do? It takes effort, strategy, and some serious lungs to sell expensive junk food at a baseball game. Meet the hot dog vending legend of Fenway Park. Why Did The Job Cross The Road?
But why do we let random chance decide who gets help with the rent? We don't do that for food stamps or health care, so why housing? How do you do that fairly? And what happens when your good intentions backfire? Now, thousands of these lawsuits are filed every year. How did we get here?
Is this really a good way to do things? So why is America only getting them now? And now that they are here, why are so few places using them? Imagine a company with a plan to build it. Imagine customers ready to buy it. Imagine what could go wrong. And this limbo status has brought a world of economic trouble. What Can We Do With Our Shell Companies? In its own, maddening way, the is a great American document. And there are some unforeseen consequences when we cut the cord and go our separate ways.
Turns out there's a game behind the game. We look for the easiest place to shelter a bank account and set up our own shell company in an offshore tax haven. They had a bunch of debt and said, 'we're not paying. He said he had information on how to go after some of most powerful drug traffickers in the world. It's part of who you are. On today's show, we look at what happens when citizenship goes up for sale.
Yet the fire department is still set up the same way. How Much Is A Firefighter Worth? Larry Williams scoured the fine print of IRS code, talked to lawyers, settled on a plan, then just stopped paying taxes. At KFC, it all goes back to a guy with a white beard and a black string tie: We bring you little stories that we love so much, we wish we had thought of them ourselves. She's part of an informal savings club.
And Miguelo Rada has a whole bank in his pocket. But there was a moment in the s when CEO pay suddenly shot up. But now, the price of a barrel has plummeted, and the country is scrambling to adapt. Why Do We Tip? Scientists are trying to figure it out. The story of Queen Elizabeth's lottery, and we meet a man who has won multiple jackpots, no luck needed. Today on the show, we meet a businessman and a client in the evolving industry of human smuggling.
People would risk their lives for a sack of cloves. On today's show, we cook a recipe from the spice trade days. Sometimes after we finish a podcast and send it to you, the facts change, a new chapter unfolds. Today on the show, we update some of our favorite episodes from A man who got caught insider trading explains everything — what he did, how he did it, and why. Though he's still struggling with that last one.
A lawsuit over a Santa suit. It's a window into countless hidden fights that shape the stuff we buy. The mind games that gyms play with you. From design to pricing to free bagels, gyms want to be a product that everyone buys, but no one actually uses. It's shaped almost every website, some stores and even some school lessons.
Today, the most meta episode ever. But your image--what you look and sound like--that's trickier. How Frank Sinatra made his image, and maybe yours, last forever. We talk to a man who lived and worked in ISIS controlled territory. How four economists --who were also drinking buddies-- fixed it.
Today, we seek out the origin of the hands-free, two wheeled, self-balancing scooter. So they tried a bold experiment: Prices rose at over 10 percent a year. Nothing could stop it — until one powerful person did something very unpopular.
How we beat inflation. But for 70 years, the price of a bottle of Coca-Cola stayed a nickel. On today's show, we find out why.
The answer includes a half a million vending machines and a 7.
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That hurts the environment. Some people say you can plant a bunch of trees to offset the damage. Is that for real? We investigate carbon offsets. The origin story of the Federal Reserve. From tariffs for waterproof overalls to copyright rules, we tell you what we found.
Also, a way countries can get around it. And why a lot of people are mad about it. The story of one woman who found a way by partnering with one of the more hated American institutions.
To undo this, they have a new trick. Today on the show, how the Federal Reserve plans to make that money disappear. On today's show, we hear about a company where salaries aren't secret. The birth of unions as we know them. It's a story that includes, among other things, bravery, cunning, and auto-part projectiles flung out of giant sling shots.
Then he tried trading them on the market, too. How trading got so out of hand that the Chicago River flowed with America's onions. But economists say you can't call it a bubble until it goes POP. We find three bubbly barometers that could signal a bust.
We put it on checks, contracts, credit cards. And why are we still using it? We consult a rabbi, a lawyer and a credit card executive.
But we spend thousands of dollars on health care without shopping around. What happens if we pay patients when they choose the cheaper option? How Price Club and its imitators changed the way we shop.
And how a new company is taking what Price Club started to new extremes. But free can be dangerous. On today's show, what happens when you take something that was free and give it a price.
That's a highly risky move and the damage can be enormous. Abandoned brands, even beloved, trusted brands, are waiting to be claimed buy s& p 500 stock reborn.
How hard could it be to get a nation of sushi lovers to try raw salmon? Is the second largest economy in the world about to come crashing down? But what's painful for Roddey might just be the secret weapon of the U. Did FDR really buy moonshine during Prohibition? Did he violate the Constitution he had sworn to protect?
If you're not up to scratch, you're off the team. Is this the future of work? We trace used T-shirts to a clothing market in Nairobi, Kenya. One thing you can't bet on: Not long ago, no election was too sacred to wager on, not even the pope's. Why Can't We Bet On Elections? The technical issues are relatively easy. The economics — figuring out who's going to pay — are much harder. On today's show, we travel to Bangladesh and visit two sisters who made our shirt.
So we asked you to guess the weight of a cow. How Much Does This Cow Weigh? Now his empire is starting to crumble. It's also about psychology. How do designers make us comfortable with something that can fast way to make money elite dangerous really scary? A lot of people could work fewer hours and still meet forex djelfa basic needs.
We ask some of the smartest people we know what little thing they would change to improve the world. The effects are widespread and weird. The referendum in Greece. On today's show, trade negotiators tell us what happened when they were locked in a hotel for days on end, and told to hash out a deal.
So he took it to the Supreme Court. Is there some falling anvil that's about to crush the economy? And it's already on its way out. Instead, it brought him nothing but trouble. In an era when stores are profit-maximizing machines, how is london forex olympia possible?
Today on the show, the story of how he changed the way people think about ads and how advertising thinks about us. In the past, when jobs disappeared, new ones were created. But is this time different? In today's show, we imagine a world without jobs. Today's show originally aired in January Today on the show, three races pit humans against machines. Today on the show, we learn exactly why, and meet some of the people trying to make batteries better.
So doctors created a different system. How Do You Decide Who Gets Lungs? They're turning to games that require skill, like basketball. And we try to figure out what meat inventors tell us about patents and innovation.
Today's show originally ran in August Can You Patent A Steak? He called his big experiment in welfare capitalism: And the story of a man who came up with five simple questions that he hoped would predict the future. How Do You Feel? Now it's a good deal for lots of people. How did solar power get so cheap, so fast? One of her favorites is called Temple Run. In fact, it's one of the most successful games out there.
Temple Run is free to play—if you play as the default character, Guy Dangerous. But playing as a girl character can cost extra. Maddie found out this was true for a lot of games, and she didn't think that was very fair.
Today on fxcm review forex peace army show, we do forex trading psychology guide you're never supposed to do: The next day, some number in the global economy changes and that bottle suddenly becomes trash.
The line between trash and recycling is moving a lot these days. For a bunch of reasons, it's a tough time to be a recycler. The unemployment rate is low, and home prices are up. But when you look under the hood, you see that in a lot of ways the financial crisis is still with us. We've got three numbers that remind us where we've been and tell us where the economy is dhaka stock exchange demutualization. When the President proposed making the first two years free for everyone, it seemed like a magic bullet for expanding opportunity.
But only one in three students graduate—and money is not the problem. How does itunes radio make money go belly up, and people can lose a lot of money. The creators of the collectible card game Magic: The Gathering faced such a bubble. The cooler they made their cards, the more the resale value increased—and threatened to send Magic cards the way of the Beanie Baby. A plan to once and for all conquer the science of bubbles, and make a collectible toy that could live forever.
We bet that instead of going up, the stock market would go down. So far, America is winning. And we are losing. It's been lonely being a short seller, but we know we are not alone. Today on the show, we look at the ten most shorted stocks out there right now, to see what this list tells us about human nature and the economy. Plus, we end our shorting experiment. Today's show is a rerun. It originally ran in February It's cheap to fly on Spirit Airlines, but you have to pay extra for perks.
And by perks, we mean a bottle of water or space in the overhead bin. And it's increasingly popular: Spirit is the fastest growing airline in America. And yet lots of people really don't like Spirit Airlines. In a Consumer Reports survey published inSpirit finished last among U. How is the fastest growing airline also the least popular? On today's show, we fly Spirit Airlines to Florida and ask the CEO.
It's big business, with potentially big rewards in ransom money. And like any business, kidnapping has a particular set of principles and best practices. He correctly forecast, really, one of the biggest things you could imagine predicting. One about a guy at the center of a high stakes cape town fish market menu durban negotiation.
Another about poker players trying not to win money, but give it away. And finally, that thing everyone loves to hate, but maybe we should love: To cash in on this demand, flower growers have to figure out how to make millions of roses bloom exactly the right amount, at exactly the right moment, in the middle of February — get them from farms in Africa and South America to your doorstep.
For most of Trading binary options strategies and tactics pdf download. A few times, politicians passed laws tiptoeing toward a minimum. But the Supreme Court struck those laws down. It's a story of exploding bakeries, a blue eagle, and a guy who may or may not have been drunk. But on the federal level, it's illegal. The legal gray area means banks in the U.
Today on the show, we visit a country where medical marijuana is fully legal. And we see how bank accounts, loans, and investors can transform an industry. Cocoa is in short supply. Demand is way up, thanks to China and India developing a taste for the sweet stuff. And producing more cocoa isn't so easy.
Cocoa is a fussy plant. It doesn't grow in very many places and it gets diseases really easily. Today on the show, we learn about one man in Best forex robotic signals providers who came up with an answer to the global cocoa shortage.
They aren't computer programmers, they're just regular people working from their offices, homes and bedrooms. They are the people of Amazon Mechanical Turk. Amazon Mechanical Turk is an online marketplace for work. Businesses use it to farm out tiny little tasks like counting the number of people in a photo, and people around the world race to perform those tasks, sometimes for pennies.
Today on the show, td stock trade commission sneak into the land of Mechanical Turk to meet the people inside.
Today, the story of a man who was the very first short seller. The first person to bet that a stock forex trading in sri lanka go down.
It doesn't go well for him. Historically, this is a reasonable bet. But you can place a bet in the opposite direction. You can make a bet that things will go down: For example, if you short Apple stock and the stock price drops, you make money. While all the normal shareholders are consoling themselves, you can celebrate. Pivot points forex indicator mt4 for the most part, people don't do it.
Experts warn us that we shouldn't either. Today on the show, we ignore the advice of some very smart people, and we put our own money down on a bet against something people love. Franklin Delano Roosevelt ignores the advice of America's big-name economists — and listens instead to a guy who after hours binary options trading successfully take care of the trees on his estate.
Montagu Norman, head of the Bank of England, gets a coded message at a critical moment — and completely misunderstands what it means. On today's Planet Money: The gold standard and the Great Depression. It's the latest in our series on gold and the meaning of money.
He makes the case for going back on the gold standard. This episode contains explicit language. Every time there is a big new release of some software, an operating system or a new browser, hackers get to work. Each new release is the start of a race because there are all these giant players who desperately want to find the new flaw in the software.
Today on the show, the story of one man who stumbled into a flaw in Apple's operating system, a way to hack the phone you might have in your hands right now — the iPhone 5s. Gewicht forex 8mm was a flaw that was worth a million dollars to the first person who could exploit it. On today's Planet Money, we go shopping with George Minichiello. George is one of hundreds of federal employees who goes to stores all over the country and record the prices of thousands of different things.
A bag of romaine lettuce. A boy's size collared shirt made of 97 percent cotton. A loaf of white bread. The index measures inflation in the U. We follow up on our favorite stories of to find out what happened after we turned off our recorders. We follow up on one of the boldest plans of the year: We see if the new website endings, or top level domains, like.
Also, we learn the key to passing one of the hardest classes at community college. The stories often include someone complaining that it's too high. Then there's someone on the other side, defending CEO pay. But that's usually that's where the stories stop. It's the story of two guys who tried to cut the pay of the CEO at a small pneumatic tool company on Long Island.
But the thing we think of today as a job — the thing you apply for instead of being born into, the thing you go to fiscalité stock options 2016 belgique the morning and leave at night — is actually a recent invention.
The modern job can act as a tecnica sr forex to protect workers from the daily ups and downs of businesses. But the job as we know it may be going away.
On today's show, we go in search of the very first modern job. Who Had The First Job? Today on the show, the revolution in Ukraine was supposed to make the country a better place for Western investment, but it ended up sparking a war that is scaring that investment away. An empty restaurant is a disaster. An empty store means bankruptcy. At a gym, emptiness equals success. Today on the show, the mind games that gyms play with you.
Jobs that seem dull and safe in most countries have become forex daily high low strategy dangerous professions in Honduras. And what the product is can change the business model for the company. It's a constant dance between the how is the dow jones fair value calculated and the sellers.
Today on the show, three short stories about this dance. There should be a moment when debts are forgiven. The jubilee has not gotten a lot of traction in the modern world. You may remember after the financial crisis, some of the Occupy Wall Street protesters were calling for a jubilee.
But it basically ended there. Polar bears sometimes wind up there floating by on chunks of ice. In the winter, there are only a few hours of daylight each day.
Reykjavik feels like you took a European city — buying silver stocks online shops, fancy cars, orderly streets — and put it on the moon. Which raises a question: How did a barren, icy island become a thriving, modern economy? Fish, energy and books. The long answer starts back in the yearwith our Icelandic intern's great great great great great great great great great great great great great great great great great great great great great great great grandfather.
But lots of things have actually gotten cheaper in real terms. Things made by machines. Things like consumer electronics. There's no law of nature that says this must be so. And binary options ideal it happens year after year. Today on the show, we visit a company called Monoprice.
And we go into a room where people sit all day and try to make stuff get cheaper. A man who dreamed of setting up a utopian marketplace, a place where you could buy and sell almost anything in secret. The pirate created a market with no contracts, no regulations, and really no government really make money on betfair. The Dread Pirate believed in total economic freedom, but in order to make his market work, he had to do some very bad things.
As regular listeners know, we're sort of obsessed with North Korea. So we decided to try to get those letters. We filed a Freedom of Information Act request. And we got a stack of heavily redacted letters.
Some pairs trade like stocks — selling for square root of trading days, quadruple, 12 times their retail price after they leave the store.
Today on the show, why would a multi-billion dollar company give up its profits to some scrappy guys on the street? His 6 cows were taken in the dead of the night from his land in Spencer, Oklahoma. BJ looked everywhere for his stolen cattle. He asked his neighbors. He filed a police report. But out in Oklahoma, when cows are stolen, it's hard to find the thief. The cows all look alike, and the evidence disappears when they're turned into steaks.
Luckily for BJ, there's a cattle cop on his case, Jerry Flowers. Flowers is a special agent in charge of the law enforcement section for the Oklahoma Department of Argiculture, and he's determined micro forex account uk find the outlaws who took BJ's cattle.
Today on the show, Jerry Flowers chases the bad guys. Those that have Ebola and those that do not. Liberia for instance, has reported more than 6, cases of Ebola and 2, people have died. Right next door, banc de binary minimum trade amount the country of Ivory Coast, there have been zero cases.
Ivory Coast would desperately like to stay in that zero category. The solution that Ivory Coast has come up with to stay Ebola free is simple. Ivory Coast will shut down its border. Binary options brokers investopedia will stop trade with Liberia, stop commerce and stop people from coming in.
On a map, a border is a simple thing: A clear thick line. On the ground, its anything but simple. On the ground in Ivory Coast, there are vast parts of the border with no signs, no guards, and only a secret path through the forest. Today on the how to make money in the summertime, we go to a tiny tiny town on the border between Ivory Coast and Liberia.
On one side of the line, Ebola is raging. The other side is Ebola-free so far. How do you close a border? And can you really? It's finding a difference in price, a pricing mistake, you can exploit to make money.
Arbitrage is a risk-free way to buy low and sell high. Everyday there are loads of people and sophisticated computer algorithms searching for an arbitrage opportunity, but true arbitrages are almost impossible to find.
Today on the show, we meet two guys who say they've found one, and we visit the neural network forex indicators locker in Utah where they keep their secret. The price has been falling since early summer, and local TV news reporters are out at gas stock market rexx asking people 'how happy do you feel?
Stories about the people who get the oil out of the ground. Broker price opinion training courses meet a producer that you never hear timeshares for sale in hawaii by marriott. And tell the story of an organization so powerful that it ruled the global economy.
Or people thought it did. From giant TV contracts, to million-dollar coaches' salaries, to deals with shoe companies. But it's against NCAA rules for colleges to pay athletes.
Is the NCAA's ban on paying athletes legal? Is The NCAA An Illegal Cartel? There are advertisements for stolen oil on the Nigerian version of Craigslist, and not JUST small containers. The advertisements are for giant tankers full of oil. Today on the show, how to steal hundreds of thousands of oil every single day.
To steal oil takes an entire global system. Lots of people are in on it. Small time crooks and criminal bosses, the owners of oil tankers and corrupt officials. We'll show you how they get away with it. A decade ago, the Barilla pasta factory in Foggia, Italy, had a big problem with people skipping work. The absentee rate was stock market bharani 10 percent.
People called how indian politicians make money sick all the time, typically on Mondays, or on days when there was a big soccer game.
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Barilla's big factory in northern Italy had a much lower absentee rate. This is not surprising; there's a huge economic gap between southern and northern Italy.
It's like two different countries. Barilla execs told Nicola Calandrea, the manager of the Foggia plant, that they would close the factory unless he brought the absenteeism rate down. Calandrea decided that to save the factory, he had to change the culture. On today's show, we visit the factory and hear how Calandrea made it work.
Most of the big names in technology are men. But a lot of computing pioneers, the ones who programmed the first digital computers, were women. And for decades, the number of women in computer science was growing. The number of women in computer science flattened, and then plunged. Today on the show, what was going on in that made so many women give up on computer science? We unravel a modern mystery in the U. A few years ago, Jestina Clayton started a hair braiding business in her home in Centerville, Utah.
The business let her stay home with her kids, and in good months, she made enough to pay for groceries. She even put an ad on a local website. Then one day she got an email from a stranger who had seen the ad.
Why it was illegal to braid hair without a license in Utah. And why hundreds of licensing rules in states all around the country are a disaster for the U.
It was planned by a cartel of Swiss cheese makers, which ruled the Swiss economy for 80 years. A story about what happens when well-meaning folks decide that the rules of economics don't apply to them. And got the world to eat gobs of melted fat. Faster than clothing, food, cars, and even healthcare. Listeners have been asking for years why textbooks are getting so expensive. On today's show, we actually find an answer. Stories about the secrets of jewelry stores, the problem with World's Fairs and a law signed by Abraham Lincoln that's being used today to go after the largest banks in the world.
But when something like Ebola happens, so far, people look the other way. What does it take to get people to notice something half a world away, and what does it take to get people to pull out their wallets and donate money. More than half of all Japanese women quit their jobs after giving birth to their first child. That's more than double the rate in the U. If more women returned to the workforce, it would go a huge way toward boosting growth in the country and solving a big demographic problem — not enough working people to support the nation's retirees.
But finding childcare in Japan is even harder than finding childcare in the U. The long-term solution is robot nannies. How Japanese working moms can survive until the robots arrive.
The details are amazing. And, hiding in all the fine print, the story of how insurance works — and what makes it break. But starting a business can be lonely. Alex wants a partner to share in the stress and the risk, and potential investors say they'd prefer to bet on a team, too.
Today on the show, Alex searches for a business partner. There have been Hewlett and Packard, Procter and Gamble, and Ben and Jerry. Now, there is Blumberg and There's a curse word in today's episode. Of course, it's not exactly free. We pay, with our data. And right now, we're kind of stuck trading our data, for all this free software. These two people are trying to create services online that collect next to nothing — virtually no information, no data. A couple years ago, these people might have been dismissed as kooks.
The unemployment rate is getting better, but slowly. Household incomes have actually been falling. It's easy to feel stuck. Today on the show, stories of two people trying to get unstuck. Today on the show, the company that made it possible for anyone anywhere to build almost anything they want. What that company means for China, for the rest of us and for some chickens in California. Others just write an initial.
One person draws a dude surfing. Today on the show, we try something different: We talk to smart, thoughtful people about times they got things really, really wrong.
The boundary line runs right through the mall. For a long time, this didn't matter. This change created two economic worlds within a single, large building.
Employees doing more or less the same work, just steps away from each other, started making different wages. What happens when some stores suddenly have to pay their workers more — and others are still paying less. Sure, some college degrees lead to higher paying jobs than others.
But what's shocking — at least, it was shocking to us — is just how big the gap can be. On today's show, we run the numbers. We talk to people who majored in the most- and least-lucrative subjects. And we hear from an economist who says, when it comes to income, choosing a major is more important than choosing a college. Fifty years ago, people at the World's Fair built their vision of the future.
They imagined a world of jet-packs, steel, glass, and Formica. And they committed to it in a park in New York City. Today on the show, we visit that park and visit the future as seen from the World's Fair in And we see how the future actually turned out. Eighty percent of all U. About twenty years ago, the Fed counted up all the hundreds it knew about — money in bank vaults and cash registers — and it found it had no idea where most of the hundred dollar bills had gone.
And so they went on a mission to find them. Today on the show, where in the world are all the dollar bills? What is Benjamin Franklin being used for? And if we don't know where they all are, should the U. Today on the show, how a bankrupt city is dealing with the most basic of problems — how to get people to pay their bills. Customer Reviews Economics for Dummies.
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Free Love, Free Market. How a free-love commune embraced the free market and became a blockbuster brand.
Here We Grow Again. A battle with a weed divides neighbors and leads one farmer to shoot another dead. A man goes looking for the invisible wall that traps poor people in poverty. You can name your business whatever you want. As long as there have been casinos, people have tried to cheat them. How fast is the world really changing? The creation of the electronic spreadsheet transformed industries.
When India's Cash Disappeared, Part Two. What happened when India's Prime Minister declared most of the paper money in India worthless? When India's Cash Disappeared, Part One. Something incredible happened in India about six months ago. Speed Dating For Economists. We visit a job market created by economists, for economists. A Chat With Ben Bernanke.
Ten years ago, two little-known funds at Bear Stearns blew up, and the financial crisis was on its way. The Dollar At The Center Of The World. Today on the show, how a New Hampshire hotel filled with boozing economists saved the global economy.
Georgetown, Louisiana, Part Two. Inthe Maryland Jesuits sold people, slaves, to pay the debts of Georgetown University. Georgetown, Louisiana, Part One.
For the residents of a small Louisiana town, there's always been a question about their past: The Holiday Industrial Complex. Where do holidays like National Potato Chip Day and Argyle Day come from? When Business Loves Regulation. One in three American jobs require a license. Pub In A Box.
One man figured out how to reproduce the magic of an Irish pub, and ship it in a container to anywhere in the world. On today's show, we get in on the future of investing. The Tough, The Sweet, The Nosy. The tricks and mind games tax collectors use to get people to pay up.
The Business Genius Behind Get Out. Jason Blum makes a lot of movies and makes them cheap. A populist president versus the most powerful banker in America. One professor had a way to make filing taxes easy and painless. Three short stories about putting a price on something hard to value precisely. The Invention Of 'The Economy'. A hundred years ago, nobody talked about "the economy.
How Does iTunes Radio Pay Artists? | Future of Music Coalition
The Constitution contains a paragraph known as the Emoluments Clause. Hacking The iPhone For Fun, Profit, And Maybe Espionage. Wikileaks released documents listing the hacks the CIA uses to spy on people.
Strong Feelings About Dodd-Frank. President Trump does not like Dodd-Frank, the law that transformed banking regulation. Dear Economist, I Need A Date. Here at Planet Money, we often wonder: The Bees Go To California. Early every year, 30 billion bees make their way across the country to California's Central Valley. When The Boats Arrive. In the span of a few months inmore thanCuban immigrants arrived in Miami. The Phone At The End Of The World.
A charismatic populist president wanted to boost manufacturing and create jobs. Here at Planet Money, our favorite stories are the ones we wish we'd done ourselves. Charlie Shrem went to prison. If Economists Controlled The Borders. What would the perfect immigration system look like? Picture an organic farm, with thousands of free-range chickens roaming wide-open land. The Thing About That Border Tax.
Over the next few months, we're going to explain President Trump's economic plans. President Trump talks about putting tariffs on foreign cars. Ed Thorp started his career teaching math at MIT. Congress writes laws, but the president makes the rules that put the laws in action. The Man Who Sued Iran. When Steve Flatow's daughter was killed in a terror attack, he wanted someone to pay.
A Republican governor lives the dream. Wall Street Goes To Vegas. Wall Street traders and Las Vegas gamblers have a lot in common. Don't Believe The Hype. People are talking about how the Dow Jones Industrial Average is about to hit a new record: The Rest Of The Story, Edition.
It's time for an annual Planet Money tradition--we revisit some of our favorite stories from the past year, and see what's changed since we turned off our mics. The Last Bank Bailout. The man who ran the last bank bailout has a plan to prevent the next one.
There's an idea that dates back at least to biblical times. Today on the show, two unions separated by years, an ocean and an exit clause. On today's show, how a band of medieval warrior monks sworn to poverty got into the banking business and changed the way we think about money forever. A special holiday episode about the epic, decades-long feud between the two companies that make just about every handbell in the world.
The story of a court case. All types of companies are struggling with burnout. Finding The Fake-News King. We track down a fake-news creator in the suburbs, uncover his empire of fake-news sites, and get him to tell us his secrets. The History Of Light. We go on a madcap dash through discounts, bargains and tough tradeoffs. What happens when a creativity guru meets the winner of this year's Nobel Memorial Prize in economics? The story of a guy who tried to make something of himself by getting into a rough business.
Candidates promise all kinds of things. Donald Trump is our president elect. A Trunk Full of Truffles. Truffles are a lumpy, smelly fungus. Our Fake Candidate Meets The People. On today's show, Planet Money's economist-approved fake candidate makes his first ads.
Bad Form, Wells Fargo. Banks like Wells Fargo have a weapon that can destroy an employee's career: The No-Brainer Economic Platform. Behold the Planet Money economic platform, crafted by brilliant economists of all stripes, and pure poison to any politician who embraces it. Venezuela has just about every economic advantage a country could ask for: A doctor treating psychiatric patients in an emergency room created the first self-checkout machine in his spare time.
When Subaru Came Out. Subaru's sales had been slumping for years. How we got from mealy, nasty apples to apples that taste delicious. The Wells Fargo Hustle. We take you inside the headquarters of Wells Fargo bank. The Town That Loves Death. On today's episode, we'll take you to a place where dying has become acceptable dinner conversation.
You Asked For It, Again. Terms of the Debate. We made an audio glossary for the confusing economic jargon that came up during the first presidential debate. We test two competing theories, from a food writer and an economist.
Why Textbook Prices Keep Climbing. Prices of new textbooks have been going up like crazy — faster than food, cars, even healthcare. The internet was supposed to get rid of middlemen--but instead they are taking over the global economy.
If you're a zoo or aquarium and you want a new animal, you don't use money to get it. There is a mystery in many poor countries. The Wild West of the Internet. For decades, most websites ended in either. One telenovela actress-turned-executive decided to write a new kind of drama. Why is it so hard to knock down 17 vacant houses in a shrinking city? Imagine A World Without Oil.
Last of five episodes. How Oil Got Into Everything. Fourth of five episodes. How Fracking Changed the World. Third of five episodes. The Price Of Oil. Second of five episodes. First of five episodes. There's an obscure law that governs just about anything that travels by ship in the U.
Building a robot that can sew even simple clothes is surprisingly hard. The computer or phone that you use knows a lot about you. Crafting a TV game show is a balancing act. When Women Stopped Coding. A lot of computing pioneers were women. Paying for the Crime. A tale of violence, payback, and how to make things right. I Want My Money Back.
Three stories of people getting their money back — or trying to. Scoring a fix is cheap and today's heroin is strong. Brexit is like a breakup. When you think of cartels, maybe you think of drugs, maybe you think of oil. The Quiet Old Lady Who Whispers "Fair Use".
Where is the line between being inspired by somebody's creative work and stealing it? Bitcoin was supposed to revolutionize the way money works. What just happened in the UK? How much of a brand is real?
If your country's main export is water, what happens when your wells run dry? There is a crime wave in the West right now. Two bodybuilders go at it over a Stanford University patent. The Future Of Work Looks Like A UPS Truck. Technology means that no matter what job you have — whether you're alone in a truck on an empty road or sitting in a cubicle in front of a computer — your company can now track everything you do.
This episode is for everyone who's ever had to ask their coworkers to quiet down or walk laps of the office to make a private phone call. How To Get A Country To Trust Its Banks. It's something you can see on every day and on every block in most major cities. But in Myanmar, a country that was cut off from the rest of the world for decades, an ATM is a small miracle. How To Hide A Million Dollars In Plain Sight. How do you secretly stash away a million dollars?
The Art Of Living At The Poverty Line. One night, Lariat Alhassan heard an ad on the radio. How To Make It In The Food Truck Business.
In New York City, more than 5, food trucks and carts compete for the business of hungry office workers. A Bank Without Interest. To serve Muslim customers, a bank in Michigan tried to comply with both U. Black Market Pharmacies And The Spam Empire Behind Them. On today's show, we open up some of those annoying pharmaceutical spam emails and find out who's clicking to buy herbal viagra?
Peanuts and Cracker Jack. To get to the other side The Long Way Home. Housing subsidies are often given out through a lottery. Lance Armstrong and The Business of Doping. In this episode, we consider a world where everybody cheats, and where you can't win unless you game the regulators: When you're an employer looking at a giant stack of resumes, you have to find some way to quickly narrow the field. We talk to Kid Rock about how he tried to cut scalpers out of the business — and still sell cheap tickets to his shows.