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Planet Money

Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don"t just understand the economy – understand the world.Wanna go deeper? Subscribe to Planet Money+ and get sponsor-free episodes of Planet Money, The Indicator, and Planet Money Summer School. Plus access to bonus content. It"s a new way to support the show you love. Learn more at plus.npr.org/planetmoney

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All Episodes

25:51

So imPORTant: Bananas, frogs, and... Bob's??

Planet Money ·

2024/10/11

Even in our modern world with planes and jets and drones, the vast majority of goods are moved around the planet in cargo ships. Which means our ports are the backbone of our global economy. The longshoremans' strike closed the eastern ports for only three days, but those three days raised a lot of questions.Like - why is a discount furniture store the fourth largest importer on the East Coast? How come so many bananas come through Wilmington, Delaware? Why do we need live frogs delivered into the

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24:05

Can cap and trade work in the US?

Planet Money ·

2024/10/09

Recently, the state of Washington embarked on an ambitious new plan to combat climate change. Taking a page from economics textbooks, the state instituted a statewide "cap and trade" system for carbon emissions. The state establishes a cap on the total amount of carbon pollution it is willing to allow each year, and then gives away or auctions off carbon emission permits that add up to that total. Companies can then trade those permits on the open market.Economists love cap and trade plans because

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18:54

What's up with all the ads for law firms?

Planet Money ·

2024/10/04

The lawyer commercial is almost an art form unto itself. Learned practitioners of the law doing whatever it takes to get your attention, from impressive dirt bike stunts to running around half naked. All so when you land in trouble, you don't have to think hard to remember their name. Odds are you can name one or two right now.This world of law ads did not exist fifty years ago. Then, lawyers were not allowed to advertise. Not by law, by the exclusive organization that decides who gets to be a

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23:09

How Venezuela imploded (update)

Planet Money ·

2024/10/02

(Note: A version of this episode originally ran in 2016.)Back in 2016, things were pretty bad in Venezuela. Grocery stores didn't have enough food. Hospitals didn't have basic supplies, like gauze. Child mortality was spiking. Businesses were shuttering. It's one of the epic economic collapses of our time. And it was totally avoidable.Venezuela used to be a relatively rich country. It has just about all the economic advantages a country could ask for: Beautiful beaches and mountains ready for

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25:59

What's THAT got to do with economics?

Planet Money ·

2024/09/27

"Wanna see a trick? Give us any topic and we can tie it back to the economy."That is the bold promise in Planet Money's tagline. And we believe the show does live up to it. Over the last year, we've told stories about breakdancing, rum, pagers, buffets, colors, and heartbreak.But then one host wondered: what if we really held ourselves to that promise? What if we challenged ourselves to find economic meaning in the most esoteric and far-flung topics imaginable?That's when we turned to you, our

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25:05

Veep-onomics

Planet Money ·

2024/09/25

Next week, JD Vance and Tim Walz will face off in the only confirmed vice presidential debate ahead of the election. As voters look ahead to what their economic policies might be, we look back to see what they have said and done, and how it turned out.Planet Money's newsletter author Greg Rosalsky has spent some time combing through the economic records of Vance and Walz, and has some knowledge to share. Why does Walz support universal free school lunches, and why do some criticize him for it? Why

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24:28

How to save 10,000 fingers

Planet Money ·

2024/09/20

Table saws are extremely dangerous. The government estimates that injuries from table saws send something like 30,000 people to the emergency room every year. 3,000 of those end in amputations. The costs of those injuries are enormous. Are they also avoidable?In 1999, inventor Steve Gass had a realization: Humans conduct electricity pretty well; Wood does not. Could he develop a saw that could tell the difference between the two?Steve invented a saw that can detect a finger and stop the blade in

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28:48

Can money buy happiness?

Planet Money ·

2024/09/18

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter.This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich

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32:43

99 Percent Invisible: The White Castle System of...

Planet Money ·

2024/09/16

Today we have a guest episode from 99 Percent Invisible.It is about White Castle, the burger chain. Even if you haven't visited, you have tasted its influence because, as we will learn in this episode, White Castle is really the proto-burger chain.Our friends at the excellent podcast 99 Percent Invisible bring us the origin story of White Castle and trace its influence on the business of fast food, and on American eating habits. The story is about one man who had an idea for a world where you could

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23:13

Rate Expectations

Planet Money ·

2024/09/13

The Federal Reserve raised interest rates to get inflation under control. One side effect is that taking out a mortgage to buy a home has gotten very expensive. That's especially a problem for some homeowners who managed to get a lower mortgage rate years ago. They have a sort of... champagne problem. Or, "golden handcuffs" as it's called.These homeowners may find they are "locked in" to their current home. In order to move to a new home, they have to take out a new mortgage at a much higher rate

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18:50

Is AI overrated or underrated?

Planet Money ·

2024/09/11

Are the promises made by AI boosters all hype, or are we actually under-appreciating the transformative potential of AI?Can artificial intelligence make humans more productive, unlock hidden potential and remake work as we know it? Or, should it not even be called intelligence at all, artificial or otherwise.On today's episode, we take sides. Two reporters flip a coin to see who argues which point: is AI overrated or underrated? They bring research, real world examples, expert opinions and warm

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33:32

Summer camp capitalism

Planet Money ·

2024/09/06

Summer camp is a classic rite of passage in the U.S. It's a place of self-discovery, where kids come to make new friends and take on new challenges. But what if it were ALSO a place where children came to learn how to survive in a free market economy?That's part of the idea behind a summer camp at JA BizTown, in Portland, Oregon. Kids at the camp run tiny fake businesses in a tiny fake town. There are retail stores and restaurants, insurance companies and power utilities. As camp begins, a gaggle of

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29:14

Bingo! (Presidential debate edition)

Planet Money ·

2024/09/04

Campaigns can be a jargony slog. And this year, we are seeing a lot of economic terms being thrown around, many of which... aren't entirely straightforward.In this episode, we try to make the mess of words that accompany a presidential campaign into something a little less exhausting: A game of bingo.Follow along as we dig into five terms that we expect to hear in the upcoming presidential debate, along with some others we hope to hear.You can play along, too, at npr.org/bingo. Play online or print

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23:29

How to fix a housing shortage

Planet Money ·

2024/08/30

When Cody Fischer decided to get into real estate development, he had a vision. He wanted to build affordable, energy efficient apartments in Minneapolis, not far from where he grew up.His vision was well-timed because, in 2019, Minneapolis's city council passed one of the most ambitious housing plans in the nation. One aim of that plan was to alleviate the city's housing shortage by encouraging developers like Cody to build, build, build.But when Cody tried to build, he ran into problems. The kinds

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32:48

Summer School 8: Big ideas and life lessons from...

Planet Money ·

2024/08/28

Take the 2024 Planet Money Summer School Quiz here to earn your personalized diploma!Find all the episodes from this season of Summer School here. And past seasons here. And follow along on TikTok here for video Summer School. We are assembled here on the lawn of Planet Money University for the greatest graduation in history – because it features the greatest economic minds in history. We'll hear from Adam Smith, Karl Marx, John Maynard Keynes, and some surprising guests as they teach us a little

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26:43

The trade fraud detective

Planet Money ·

2024/08/23

When David Rashid took over US autoparts maker Plews and Edelmann, the company was losing business to its Chinese rival, Qingdao Sunsong. Both companies make power steering hoses, but Sunsong was offering its hoses to retailers at a much lower price.Then, in 2018, the Trump administration threw companies like Rashid's a lifeline, by announcing tariffs on a range of Chinese goods, including some autoparts. Rashid thought the tariffs would finally force Sunsong to raise its prices, but, somehow, the

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35:29

Summer School 7: The Great Depression, the New Deal...

Planet Money ·

2024/08/21

Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School. When we last left the United States of America in our economic telling of history, it was the early 1900s and the country's leaders were starting to feel like they had the economic situation all figured out. Flash forward a decade or so, and the financial picture was still looking pretty good as America emerged from the first World War. But then, everything came crashing down

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21:12

The hidden world behind your new "banking" app

Planet Money ·

2024/08/16

You might have seen ads for online banking services that seem to offer a lot of great stuff — accounts you can open in minutes and without a minimum balance or monthly fees. The ads seem to say: "These aren't your parents' boring old banks." But the truth is: Even though they might resemble banks, they aren't.These "bank-like" companies are a type of "fintech" or financial technology company. And this is a story about the potential risks of putting your money into these apps.Banks go through a whole

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36:24

Summer School 6: China, Taiwan and how nations grow rich

Planet Money ·

2024/08/14

Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School. In the middle of the twentieth century, China and its neighbors in East Asia were poor, mostly rural economies. China had been wrecked by a brutal civil war. Taiwan became the home of people fleeing from that conflict. Japan and Korea were rebuilding after their own wars. And then in the later half of the twentieth century, they

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25:48

Will the Olympics break breakdancing?

Planet Money ·

2024/08/09

For some sports, picking the winner is simple: It's the athlete who crosses the finish line first, or the side that scores the most goals. But for the new Olympic sport of breaking (if you want to be cool, don't call it breakdancing), the criteria aren't quite that straightforward. How do you judge an event whose core values are dopeness, freshness, and breaking the rules? That was the challenge for Storm and Renegade, two legendary b-boys who set out to create a fair and objective scoring system

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510 results

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