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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

22:49

Lisa Cook and the fight for the Fed

Planet Money ·

2025/08/29

The Federal Reserve has been under intense pressure from President Donald Trump as he pushes for more control over the historically independent agency. The Fed is tasked with keeping inflation and unemployment under control, and it’s supposed to be insulated from politics so it can do whatever is necessary for the economy. But Trump has been openly saying he wants interest rates to be lower. A lot lower.And on Monday, Trump posted a bombshell. He said that he was removing Federal Reserve governor

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30:48

Summer School 8: Graduation LIVE!

Planet Money ·

2025/08/27

Get your own personalized summer school diploma here.Today on our final episode of Summer School 2025, we will test your knowledge. We will salute the unsung heroes of government service. And we will pick our valedictorian from among you of the class of 2025. Editorial Note:President Trump attempted to fire Lisa Cook, a Biden appointee to the Federal Reserve Board. Our daily podcast, The Indicator, has coverage on their latest episode. We’ll have an episode in the Planet Money feed soon, in the

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32:06

Buy discount Ozempic here now click this link

Planet Money ·

2025/08/22

In the past couple years, demand has gone wild for drugs like Ozempic – and its cousins, Zepbound, Wegovy, and Mounjaro. For people who had never been able to lose weight before, suddenly the numbers on the scale were plummeting. And everybody wanted to get their hands on them. Now, in most industries, if a product goes viral like this, it’s a golden ticket. And thanks to government-granted monopolies designed to encourage innovation, the big drug companies behind these blockbuster injections are

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31:55

When our inflation infeelings don’t match the CPI

Planet Money ·

2025/08/15

For most Americans, we just lived through the highest period of inflation in our lives. And we are reminded of this every time we go grocery shopping. All over TikTok, tons of people have posted videos of how little they got for … $20. $40. $100. Most upsetting to us: an $8 box of Cinnamon Toast Crunch.Food prices are almost 30% higher than they were five years ago. It’s bad. And those new, higher prices aren’t going away.At the same time, prices are no longer inflating at a wild pace. For the last

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39:21

Summer School 7: Trade blocks and blockages

Planet Money ·

2025/08/13

Tariffs are the favorite tool of our current president, but there are lots of other ways that governments insert themselves into the free exchange of goods and services. Some of these trade barriers are so insidious and have been going on for so long that it may surprise you that they even exist. We bring you the classic story of what happens when you try to protect an American industry and end up hurting another American industry. Well intentioned plans turn into trade barriers that make our lives

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36:10

Summer School 6: When the markets need a designer

Planet Money ·

2025/08/13

In economics, a market is a place (even virtual) where buyers and sellers meet to exchange goods or services. Economists love markets. It's like all of our supply and demand graphs have come to life. Almost everything you buy goes through some sort of marketplace—your cup of coffee came from trading in the bean markets. Your spouse might have come from the dating marketplace on the apps. Even kids will tell you one Snickers is worth at least two Twix.But sometimes, as we'll see today, markets can go

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34:51

What happens when governments cook the books

Planet Money ·

2025/08/09

After President Trump fired the head of the Bureau of Labor Statistics, economists and statisticians across the board were horrified. Because the firing raises the spectre of potential manipulation – and it raises the worry that, in the future, the numbers won't be as trustworthy.So: we looked at two countries that have some experience with data manipulation. To ask what happens when governments get tempted to cook the books. And...once they cook the books... how hard is it to UN-cook them?It's two

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36:21

Summer School 5: The many ways governments influence...

Planet Money ·

2025/08/06

LIVE SHOW: August 18th in Brooklyn. Tickets here. Traditional economics says the market is guided by the forces of supply and demand. Customers decide what they want to buy, and private enterprise responds to that need. So what makes government think that it's smarter than capitalism? Why offer tax breaks to Hollywood or incentives to build silicon chip factories in Arizona? Why those industries and not others? And when does the free market fail and need government to step in? Today, we discuss what

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32:21

Would you trust an economist with your economy?

Planet Money ·

2025/08/02

Trust in experts is down. In all kinds of institutions and professions - in government, in media, in medical science... and lately, economists are feeling the burn acutely. In fact, President Trump just fired the economist who ran the Bureau of Labor Statistics, accusing her – with no evidence – of faking a jobs report that showed fewer gains than expected.In decades past, economists whispered in the ears of presidents. Now, many politicians and voters are disenchanted with the field.On today's

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35:56

Summer School 4: Who are all these regulations...

Planet Money ·

2025/07/30

LIVE SHOW: August 18th in Brooklyn. Tickets here. There are occasional incentives in business that make it very profitable to do bad things; maybe cheat at the game and steal other people's ideas, or cut some corners on safety. In theory, the government as referee steps in to make the rules and enforce them, and manage competition in a way that hopefully makes things better for us all. But you have to ask... When is the government protecting you and when is it protecting the already rich and

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28:22

The President's Golden Share in U.S. Steel

Planet Money ·

2025/07/25

LIVE SHOW ALERT: August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election. And right away, politicians from both sides of the aisle came out forcefully against the deal, saying the company should remain American. Before leaving office, President Biden even blocked the sale. But in a dramatic twist a few weeks ago, President Trump approved it. With a caveat: the

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36:38

Summer School 3: How government decides what to spend...

Planet Money ·

2025/07/23

Although it seems like the government can spend an endless amount of money, it cannot actually do all the things it wants to do. So the big question in this week's lesson is: How do we decide? Why does the government spend so much money on some things and not on others? And honestly, is there any limit?Get tickets to our August 18th live show and graduation ceremony at The Bell House, in Brooklyn. (Planet Money+ supporters get a 10 percent discount off their tickets. Listen to the July 8th bonus

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22:44

Why are we so obsessed with manufacturing?

Planet Money ·

2025/07/18

It seems like politicians cannot agree on a lot. But many seem to agree on... manufacturing. Leaders of both political parties have been working to try and make the U.S. a manufacturing powerhouse again.On today's show, what is so special about manufacturing? Is it particularly important for the economy? And if manufacturing jobs are so great, then why have companies been struggling to fill the manufacturing jobs we already have?For more on manufacturing in the U.S: - Made in America, an episode

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2:01

Congress has voted to eliminate government funding...

Planet Money ·

2025/07/18

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37:10

Summer School 2: How taxes change behavior and the...

Planet Money ·

2025/07/16

We all know the government uses taxes to pay for things. But what about using taxes to control behavior? This week on Summer School, Professor Darrick Hamilton of The New School, helps us explore the true power of the tax code. Can taxes help lift people out of poverty? What about saving the planet?Get tickets to our August 18th live show and graduation ceremony at The Bell House, in Brooklyn. (Planet Money+ supporters get a 10 percent discount off their tickets. Listen to the July 8th bonus episode

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30:49

Made in America

Planet Money ·

2025/07/11

What people might picture when they think of "Made in America" ... might not look like the "Made in America" we have today.The U.S. does have a domestic manufacturing industry, including a garment manufacturing industry. In today's episode: We buy a garment made by factory workers in the U.S. – a basic purple sports bra – and learn how many people it took to make it, how much workers got paid to work on it ... and whether garment manufacturing is a job Americans want, or even know how, to do. Plus:

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35:46

Summer School 1: A government's role in the economy...

Planet Money ·

2025/07/09

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and business. Call it our big topic each Wednesday through Labor Day. We're kicking off another semester of Planet Money Summer School asking the biggest question: Why are some nations rich and others poor? With stories from

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32:12

The simple math of the big bill

Planet Money ·

2025/07/04

If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it up in one line. It goes something like this: We will make many big tax cuts permanent and pay for those tax cuts by cutting Medicaid and a few other things and also...by borrowing money. A lot of money. Even more than we've already been borrowing over the past twenty years. (And that was already a lot, too!) Today: simple arithmetic with profound ramifications

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25:32

A thought experiment on how to fix the national debt...

Planet Money ·

2025/07/02

There's an economic fantasy you sometimes hear in D.C. It often gets trotted out when politicians are trying to add billions or trillions to the national debt. They claim that all the new spending will be worth it in the end because we will supercharge economic growth. This fantasy recurs again and again, because economic growth is a potent force. Over the next few decades, tiny changes in how fast our economy grows could decide the fate of the federal government — whether we can bring the massive

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31:55

When Trump met crypto

Planet Money ·

2025/06/27

In 2019, President Trump tweeted: "I am not a fan of Bitcoin and other Cryptocurrencies." Today, the Trumps are all over crypto.There are memecoins for Trump and the first lady. They own a stablecoin, a bitcoin mining operation, and a crypto financial services company. And, at the Bitcoin 2025 conference, Trump's media group announced they're raising 2.5 billion dollars from investors to buy bitcoin.At that same conference, speakers included two White House advisors, two sons of the US president,

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503 results

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