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A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.
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- 1904 - Work. Crunch. Repeat: Why gaming demands so much of its employees
Employees at video game companies are known for working long hours to meet product launch deadlines. This pressure, known in the industry as crunch, has only gotten more intense as games have grown more complex. Mounting layoffs in the growing industry have only made things worse on the labor front, inspiring some workers to take matters into their own hands.
Today, in the next installment of our series on the business of video games, we speak to several workers in the industry about their experiences with crunch and why they feel unionization is the key to preserving their careers.
Related episodes:
Forever games: the economics of the live service model (Apple / Spotify)
Designing for disability: how video games become more accessible (Apple / Spotify)
The boom and bust of esports (Apple / Spotify)
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NPR Privacy PolicyThu, 25 Apr 2024 - 1903 - The boom and bust of esports
The origins of competitive gaming are rooted in college campuses going back to the early 1970s. Now a globally popular industry, esports is at the center of many questions about long-term financial viability.
Today, we dive deep into the hype surrounding esports and why the luster seems to be rubbing off the industry that was once seen by some as the next NBA.
Related episodes:
Forever games: the economics of the live service model (Apple / Spotify)
Designing for disability: how video games become more accessible (Apple / Spotify)
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NPR Privacy PolicyWed, 24 Apr 2024 - 1902 - Designing for disability: how video games become more accessible
Gaming provides entertainment and community for billions of people worldwide. However, video games haven't always been accessible to those with disabilities. But this is changing.
Today, in the next installment of our series on the business of video games, we explain how accessibility has become an increasingly important priority for game developers and how advocates pushed them to this point.
Related episodes:
Forever games: the economics of the live service model (Apple / Spotify)
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NPR Privacy PolicyTue, 23 Apr 2024 - 1901 - Forever games: the economics of the live service model
People used to pay one standard price for their favorite games in a one-off transaction. But now, many game companies are offering their games for free, supported by in-game purchases. This is called the live service model.
Today, the first episode of a week-long series about the video game industry. We investigate the promise and pains of the live service model and explain how it turned the industry upside down.
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NPR Privacy PolicyMon, 22 Apr 2024 - 1900 - Ticketmaster's dominance, Caitlin Clark's paycheck, and other indicators
It's highs and lows in this edition of Indicators of the Week! The surprisingly high amount of electricity needed for artificial intelligence, basketball star Caitlin Clark's surprisingly low base salary, plus a potential crackdown on the ticketing company everyone loves to hate (possibly because of those high fees).
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NPR Privacy PolicyFri, 19 Apr 2024 - 1899 - Inside the epic fight over new banking regulations
After the financial crisis of 2008, regulators around the world agreed banks should have more of a cushion to weather hard times. Now, U.S. regulators are once again looking to update minimum capital requirements through a set of proposals called Basel III Endgame. Today, on the show, a blow-by-blow account of this battle between bankers and regulators.
Related episodes:
Time to make banks more stressed? (Apple / Spotify)
SVB, now First Republic: How it all started (Apple / Spotify)
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NPR Privacy PolicyThu, 18 Apr 2024 - 1898 - Profiting off greater risk: the reinsurance game
When an insurance company can't cover all of its claims, it actually has its own insurance. This is called "reinsurance." How does that work and why do reinsurers look at their risk pool differently than say home or auto insurers?
Related episodes:
Why is insurance so expensive right now? And more listener questions (Apple / Spotify)
When insurers can't get insurance (Apple / Spotify)
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NPR Privacy PolicyWed, 17 Apr 2024 - 1897 - What is a 'freedom economy'?
Anti-vaccine activists, far-right groups and some religious conservatives convened in Las Vegas this spring to discuss the creation of a parallel economy. These are groups who believe their speech is threatened by big banks and big tech. On today's show, what is a "freedom economy," and how would it work?
Related episodes:
A Supreme Court case that could reshape social media (Apple / Spotify)
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NPR Privacy PolicyTue, 16 Apr 2024 - 1896 - Why is insurance so expensive right now? And more listener questions
We are back to answer your listener questions. On today's show, we explain reverse mortgages and their risks, why insurance has gotten so expensive, and whether there's a catch to charitable donations at the store.
If you have a question you'd like us to answer, email us at indicator@npr.org.
Related episodes:
When insurers can't get insurance (Apple / Spotify)
Are we counting jobs right? We answer your listener questions (Apple / Spotify)
When mortgage rates are too low to give up (Apple / Spotify)
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NPR Privacy PolicyMon, 15 Apr 2024 - 1895 - What Subway's foot-long cookie says about inflation
In this edition of Indicators of the Week: the new incentive for speed in cash prizes for Olympic track and field, growing iPhone assembly in India and the curious inflation puzzle of the foot-long cookies at Subway.
Related episodes:
Can India become the next high-tech hub? (Apple / Spotify)
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NPR Privacy PolicyFri, 12 Apr 2024 - 1894 - The IRS wants to do your taxes for free. Will it last?
With tax season upon us, many people are paying someone or a software to get their tax returns done. A small group of people, however, are filing online directly with ... the IRS. For free. Today on the show: how the IRS's tax filing experiment came to be, how it's been working so far, and who doesn't like it.
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NPR Privacy PolicyThu, 11 Apr 2024 - 1893 - Why the EU is investigating China's wind turbines
Europe wants clean energy, but it's struggling to compete with the low cost of China's green technology. The E.U. just announced it's investigating the subsidies received by Chinese wind turbine suppliers, which play a part in those low costs.
On today's episode, we speak with Margrethe Vestager, the European Commissioner for Competition, about how the E.U. is trying to build and maintain a competitive green tech industry in the face of low-price Chinese imports. And we ask how the U.S.'s climate industrial policy fits into all this action.
Related Episodes:
The surprising leader in EVs (Apple / Spotify)
Industrial policy, the debate! (Apple / Spotify)
Why offshore wind is facing headwinds (Apple / Spotify)
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NPR Privacy PolicyWed, 10 Apr 2024 - 1892 - What do the royals do all day, anyway?
You've heard of the British royal family, but what about the "working royals?" Today on the show, an expert on the royals explains what the job is like — how they measure productivity, how they get paid, and how this tiny, specialized workforce of 11 people might cope with the health crises of King Charles III and Kate Middleton.
Subscribe to journalist Elizabeth Holmes' newsletter on the British royal family.
Related episodes:
The U.K.'s most famous family firm in crisis
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NPR Privacy PolicyTue, 09 Apr 2024 - 1891 - Why companies spin off
General Electric has been staggering along for years as a conglomerate. But recently, it's turned to a popular strategy to unlock new value: spinning off. Just last week, GE spun off its clean energy business into a new company: GE Vernova. On today's show, we explore what a spin off is and why companies do them.
Related Episodes:
What happened to GE?
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NPR Privacy PolicyMon, 08 Apr 2024 - 1890 - Do I need a four-year degree?
The U.S. labor market continues its hot streak, adding 303,000 jobs last month — more than expected. Many of these jobs will require a four-year degree despite a push among some employers to eliminate these requirements. On today's show, we look at the state of the job market for people without a four-year college degree.
Related episodes:
The lopsided market for higher ed
Enough with bachelor's degrees
The cost of student debt
Failing college
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NPR Privacy PolicyFri, 05 Apr 2024 - 1889 - How the 'shadow fleet' helps Russia skirt sanctions
"Shadow fleet" refers to the collective of ships used by countries that have sanctions against them, like Russia, to transport commodities around the world. These ships pose threats to global and environmental security because they skirt international maritime law. So what can be done about them?
Today on the show, we explain what exactly makes the shadow fleet so dangerous and why there are surprisingly limited options for how to deal with these problem ships.
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NPR Privacy PolicyThu, 04 Apr 2024 - 1888 - Can an old law bring down grocery prices?
Since 2020, grocery prices have shot up. If you're looking to save a buck, it's often more affordable to shop for groceries at a big retailer like Walmart. But some smaller grocers say those low prices are the result of an unfair playing field—and they're looking to a little-used antitrust law from the 1930s as a solution. Today, we consider the Robinson-Patman Act and whether reviving it could bring consumers some relief.
Related episodes:
Grocery delivery wars (Apple / Spotify)
Feeling inflation in the grocery store (Apple/ Spotify)
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NPR Privacy PolicyWed, 03 Apr 2024 - 1887 - The Indicator Quiz: Labor Edition
The sun is shining, birds are singing, and...our allergies are going NUTS. That can only mean one thing: It's time for The Indicator Quiz! The show where we bring a lucky listener on to test their econ knowledge. Today's quiz focuses on questions related to labor. Play along with us and see how you do! Are you interested in being a contestant on our next Indicator Quiz? Email us your name and phone number at indicator@npr.org and put "Indicator Quiz" in the subject line.
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NPR Privacy PolicyTue, 02 Apr 2024 - 1886 - Can breaking the law be good for business?
Does breaking the law ... make financial sense? Paying future fines and settlements at the risk of harm to people and the environment? Some legal scholars argue that's just the cost of doing business.Today, we ask whether a company's duty is to the law ... or to its shareholders.
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NPR Privacy PolicyMon, 01 Apr 2024 - 1885 - Three ways consumers are feeling the pinch
Many broad economic indicators are positive, but consumer sentiment is negative. Even with cooling inflation and low unemployment, consumers are still feeling the economic strain. In today's episode, we look at three ways the US consumer is feeling the pinch.
Related episodes:
Dollar stores vs. lettuce
Factory boom, credit card debt defaults and housing (Apple / Spotify)
Are we counting jobs right? We answer your listener questions (Apple Podcasts / Spotify)
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NPR Privacy PolicyThu, 28 Mar 2024 - 1884 - Should schools be paying their college athletes?
March Madness is in full swing as Men's and Women's college basketball teams across the country compete for the NCAA championship. However, the Dartmouth Men's Basketball team made headlines just before the tournament for its successful unionization vote.
Today, we break down why the Dartmouth men are pushing to unionize and what a college athletics union could mean for the future of college sports.
Related episodes:
The monetization of college sports (Apple / Spotify)
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NPR Privacy PolicyWed, 27 Mar 2024 - 1883 - Help Wanted at Boeing
Boeing's CEO Dave Calhoun has resigned and will step down at the end of the year. It comes after a series of mishaps with the aviation company including a door plug blowing off a 737 MAX 9 mid-flight. In today's episode, we turn to a head-hunter to explore what Boeing might look for in a new CEO.
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NPR Privacy PolicyTue, 26 Mar 2024 - 1882 - Name our mascot. No, really.
You might notice we're looking a little refreshed thanks to our new podcast logo. Today on the show, we ask some marketing experts what goes into building a strong brand, and whether our own makeover hits the mark.
Listeners, help us name our new Indi-Gator mascot! Email your suggestion to indicator@npr.org with "Indi-gator" in the subject line.
Related episodes:
How to make an ad memorable (Apple / Spotify)
BRAND new friends
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NPR Privacy PolicyMon, 25 Mar 2024 - 1881 - The interest-ing world of interest rates
Countries all over the world are making big moves in monetary policies. From unexpected cuts to long-awaited hikes to a cautious cling to the status quo, this edition of Indicators of the Week has it all. Today, we explain the motivations for these drastically different approaches.
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NPR Privacy PolicyFri, 22 Mar 2024 - 1880 - How ski resorts are (economically) adjusting to climate change
Snowmaking has helped cover up the effects of climate change for a long time. But by the turn of the century, that started to change. A recent report shows US resorts are opening later, closing earlier, and taking a financial hit. For an industry that relies on snow, the threat is existential. Can ski resorts survive?
Related Episodes:
Ski resorts are welcoming winter storms
The Backcountry Boom
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NPR Privacy PolicyThu, 21 Mar 2024 - 1879 - When does youth employment become child labor?
The number of teenagers in the workforce today is at its highest level in about 20 years. At the same time, child labor violations are up and states are relaxing some protections for their youngest workers. On today's show, we examine the state of the Gen Z labor force, and the distinction between youth employment and child labor.
Related episodes:
Young, 'spoiled and miserable' in China (Apple / Spotify)
Teenage (Employment) Wasteland
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NPR Privacy PolicyWed, 20 Mar 2024 - 1878 - Tick tock for TikTok?
The political pressure on TikTok continues to ratchet up. This week Biden administration officials are throwing their support behind legislation that would essentially give an ultimatum to TikTok's Chinese parent company ByteDance. Sell TikTok to another owner not controlled by a "foreign adversary" or be banned from US app stores.
It's a big step towards an outcome that some high-ranking U.S. officials have desired for years. But why is there so much concern about TikTok, and just how likely is a ban?
Today, a couple of TikTok creators talk about what a ban would mean for them, and NPR tech correspondent Bobby Allyn explains how we got where we are and what could be coming next.
Related episodes:
Is Project Texas enough to save TikTok? (Apple / Spotify)
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NPR Privacy PolicyTue, 19 Mar 2024 - 1877 - Can Europe fund its defense ambitions?
The majority of European members of NATO are not spending as much on defense as they agreed to. But that may change as the European Union considers a move to a "war economy." Today, we examine what that means and what barriers to a "war economy" look like.
Related episodes:
The Military Industry ... It's Complex
Are we overpaying for military equipment? (Apple Podcasts / Spotify)
Can Just-In-Time handle a new era of war? (Apple Podcasts / Spotify)
How to transform a war economy for peacetime (Apple Podcasts / Spotify)
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NPR Privacy PolicyMon, 18 Mar 2024 - 1876 - Biden's economic pitch for a second term
It's Indicators of the Week, our up close and personal examination of economic headlines. Today we have three indicators from President Joe Biden's economic agenda. His budget proposals include fixes for childcare, home buying and hiking corporate taxes.
Related episodes:
Shopping for parental benefits around the world (Apple / Spotify)
When mortgages are too low to give up (Apple / Spotify)
Paying for the Inflation Reduction Act
'Dune: Part Two' is a grand spice opera
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NPR Privacy PolicyFri, 15 Mar 2024 - 1875 - How are moving companies faring with high mortgage rates?
HOOAH! It's our first Beigie Award for 2024! The Beigie Award is back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This edition's winner took us to the City of Brotherly Love, detailing how high home interest rates and low existing home sales in the area are financially affecting our buff brethren in arms: movers.
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NPR Privacy PolicyThu, 14 Mar 2024 - 1874 - Are data breaches putting patients at risk?
Cyberattacks are plaguing the healthcare industry. It's an expensive and dangerous trend that's on the rise. Today, we consider why hacking is surging right now, why healthcare companies are being targeted and what hackers want from them.
Related episodes:
Cracking the code on cyber insurance
One hack to fool them all (Apple Podcasts / Spotify)
How to launder $600 million on the internet (Apple Podcasts / Spotify)
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NPR Privacy PolicyWed, 13 Mar 2024 - 1873 - What's behind Bitcoin's bullrun?
The introduction of brand new spot bitcoin ETFs has put bitcoin on a bit of a hot streak. Just this week, the price of bitcoin reached a record high of about $72,000 which is about 70% higher than it was a couple of months ago. So why exactly have these ETFs changed the perception around bitcoin so quickly?
Today on the show, we talk with a Bitcoin believer and a skeptic to understand what exactly all the fuss is about for these bitcoin ETFs.
Related episodes:
WTF is a bitcoin ETF? (Apple / Spotify)
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NPR Privacy PolicyTue, 12 Mar 2024 - 1872 - Is the financial media making us miserable about the economy?
There's been a disconnect between how the US economy is doing and how people actually feel about it. Maybe people are still burnt from when inflation was high, maybe it's the expensive cost of borrowing for a car or a mortgage, or maybe it's ... wait, are WE the problem?! Today we look in the mirror and find out if financial media contributes to negative economic sentiment.
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NPR Privacy PolicyMon, 11 Mar 2024 - 1871 - Why wind techs are so in demand
The job that's projected to be the fastest-growing in the U.S. is wind turbine service technician. So we wanted to learn what they actually do. Today on the show, reporter Darian Woods travels to a windy corner of Maine for a day in the life of one of these green-collar jobs.
Related episodes:
Why offshore wind is facing headwinds (Apple / Spotify)
A Man, a plan, wind power, Uruguay (Apple / Spotify)
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NPR Privacy PolicyFri, 08 Mar 2024 - 1870 - How to get Russia to pay Ukraine
Ukraine desperately needs money. And there's a tempting solution sitting in a Belgian financial institution: nearly $200 billion in frozen Russian assets. In today's episode, we learn about this unique depository where most of the Russian assets are stored and two proposals to get some of this money to Ukraine.
Related episodes:
The cost of a dollar in Ukraine (Apple / Spotify)
Russia's sanctions, graded (Apple)
Why Israel uses diaspora bonds (Apple / Spotify)
Economic warfare vs. Fortress Russia
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NPR Privacy PolicyThu, 07 Mar 2024 - 1869 - What would it take to fix retirement?
The rising cost of living and longer life expectancy is making it harder for Americans to retire comfortably. Millions of Americans are behind on saving for retirement and face the possibility of working in their old age.
Economist Teresa Ghilarducci says she has a plan that could fix retirement in America. In her book, "Work, Retire, Repeat: The Uncertainty of Retirement in the New Economy," she proposes a few policies that she believes can help Americans currently struggling to retire. Today on the show, we talk to her about her ideas and why the current status quo is more serious than we think.
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NPR Privacy PolicyWed, 06 Mar 2024 - 1868 - How the SEC's new rule could reveal more about a company's emissions
The Securities and Exchange Commission is expected to issue new rules this week on how companies disclose their greenhouse gas emissions. This is part of a broader movement for more environmentally and socially conscious financial options, known as ESG investing. Today on the show, what the proposed climate disclosure rule says, why it's so controversial, and if it passes, what that'll mean for investors and the stock market.
Related episodes:
The OG of ESGs (Apple / Spotify)
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NPR Privacy PolicyTue, 05 Mar 2024 - 1867 - The growing industry of green burials
One estimate says 2.4 million people die in the U.S. each year, and burying them is expensive: a typical burial can cost about $10,000. That's a lot of money, caskets, and plots filling up cemeteries. But ... what if there was a cost-effective option to bury people, one that was good for the Earth and your pocket book? Today, we look at the prices and features of sustainable burials.
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NPR Privacy PolicyMon, 04 Mar 2024 - 1866 - Wendy's pricing mind trick and other indicators of the week
It's Indicators of the Week, our weekly look under the hood of the global economy! Today on the show: Tyler Perry halts his film studio expansion plans because of AI, Wendy's communications about a new pricing board goes haywire and a key inflation measure falls.
Related episodes:
Listener Questions: the 30-year fixed mortgage, upgrade auctions, PCE inflation (Apple / Spotify)
AI creates, transforms and destroys... jobs (Apple / Spotify)
The secret entrance that sidesteps Hollywood picket lines (Apple / Spotify)
The Birth And Death Of The Price Tag
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NPR Privacy PolicySat, 02 Mar 2024 - 1865 - Why Israel uses diaspora bonds
Israel has long raised money from individual supporters living overseas through a tool called diaspora bonds. This financing tool is part patriotic gift and part investment. Today, we look at how diaspora bonds work and how Israel is making use of them for its war effort.
Related episodes:
The Great Remittance Mystery
Oil prices and the Israel-Hamas war (Apple / Spotify)
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NPR Privacy PolicyThu, 29 Feb 2024 - 1864 - What the data reveal about U.S. labor unrest
From "Hot Labor Summer" to "Striketober," 2023 was another big year for workers joining picket lines. Today on the show, we'll dig into two recent reports that shed light on the state of labor unrest in the U.S.. We'll look at what industries are driving this trend, how workers are feeling about their jobs and what that says about the American labor movement.
Related episodes:
Why residuals are taking center stage in actors' strike (Apple / Spotify)
The never-ending strike (Apple / Spotify)
The strike that changed U.S. labor
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NPR Privacy PolicyWed, 28 Feb 2024 - 1863 - How to make an ad memorable
Super Bowl ads this year relied heavily on nostalgia and surprise –– a few tricks that turn out to embed information into our brains. Today, neuroscientist Charan Ranganath joins the show to dissect the world of marketing to its biological fundamentals and reveal advertisers' bag of tricks.
Charan Ranganath's new book is Why We Remember: Unlocking Memory's Power to Hold On to What Matters.
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NPR Privacy PolicyTue, 27 Feb 2024 - 1862 - Reddit's public Wall Street bet
Any day now, social media platform Reddit is expected to launch an initial public offering (IPO), earmarking shares for its most dedicated users. On today's show, our friends at WBUR podcast Endless Thread help us unpack why Reddit is making this move, and what it might mean for Reddit's stock.
Related episodes:
r/boxes, r/Reddit, r/AIregs (Apple / Spotify)
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NPR Privacy PolicyMon, 26 Feb 2024 - 1861 - An oil boom, a property slump and dental deflation
Indicators of the week is back! This time, we explore why oil and gas companies are pulling in record profits, whether bad commercial property debt is likely to spark a financial crisis and how much a lost tooth goes for in this economy.
Related Episodes
What could break next? (Apple / Spotify)
What's really happening with the Evergrande liquidation (Apple / Spotify)
How an empty office becomes a home
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NPR Privacy PolicyFri, 23 Feb 2024 - 1860 - A Supreme Court case that could reshape social media
Next week, the US Supreme Court will hear a case that pits the Attorneys General of Texas and Florida against a trade group representing some of the biggest social media companies in the world. Today, how we got here, and now the case could upend our online experience.
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NPR Privacy PolicyFri, 23 Feb 2024 - 1859 - Why Capital One wants Discover
Capital One Financial Corporation plans to acquire Discover Financial Services in a $35 billion deal that would combine two of the largest U.S. credit card companies. Today on the show, five big questions about the deal, and the opaque system behind every swipe, tap or insertion of your credit card.
Related:
Planet Money's TikTok on the secret behind credit card rewards
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NPR Privacy PolicyWed, 21 Feb 2024 - 1858 - Could fake horns end illegal rhino poaching?
In business, the million-dollar question is how to get people to buy stuff. But in wildlife conservation, the challenge is: how do we get people to not buy stuff? How do we bring down demand for fur, ivory and rhino horns? Today on the show, the story of a business trying to make lab-grown rhino horns and the backlash that followed.
Check out more of Juliana Kim's reporting for NPR here.
Related:
Supply, demand, extinction (Apple / Spotify)
Rhino Bonds
Shooting Bambi to Save Mother Nature
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NPR Privacy PolicyTue, 20 Feb 2024 - 1857 - Chocolate, Lyft's typo and India's election bonds
It's Indicators of the Week — our weekly look under the hood of our global economy. Today we look at why cocoa prices are soaring, whether India's electoral bonds are bad for democracy and how a typo sent Lyft shares (briefly) soaring.
Related:
Cocoa prices hit a 47-year high before Valentine's Day
Can India become the next high-tech hub? (Apple / Spotify)
Lyft going public: The dual-class share dilemma
Big donors and pay-to-play politics
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NPR Privacy PolicyFri, 16 Feb 2024 - 1856 - Why banks are fighting changes to an anti-redlining program
In 2023, The Federal Reserve and other banking regulators announced they were making changes to how they grade banks on servicing local communities. This all stems from a 1977 law called the Community Reinvestment Act, which was designed to encourage banks to better meet the needs of moderate and low-income borrowers. However, major banking trade groups weren't too excited about the new rules and filed a lawsuit against the banking regulators last week.
Today on the show, we explain the history of racist housing policies in the United States and how that history informs the banks' fight with the government today.
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NPR Privacy PolicyThu, 15 Feb 2024 - 1855 - How Egypt's military is dragging down its economy
Egypt's economy is facing its worst crisis in decades. The situation could further destabilize the Middle East if it goes unresolved. Now, the International Monetary Fund is working with Egyptian leadership to figure out another deal for a multi-billion dollar loan ... but will it be enough? Today, we look at how Egypt has fallen into economic crisis and whether its economy is too big to fail.
Related episodes:
What could convince Egypt to take in Gaza's refugees? (Apple / Spotify)
Red Sea tensions spell trouble for global supply chains (Apple / Spotify)
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NPR Privacy PolicyThu, 15 Feb 2024 - 1854 - How's your defense industry knowledge?
Roses are red. Violets are blue. We have another Indicator Quiz for you! Today's episode tests one loyal listener on their econ knowledge about our recent defense series, and they give us their best Valentine's Day cocktail recommendation. Play along with us and see how you do!
Are you interested in being a contestant on our next Indicator Quiz? Email us your name, city and phone number to indicator@npr.org and put "Indicator Quiz" in the subject line.
Related episodes:
Can Just-In-Time handle a new era of war? (Apple / Spotify)
Are we overpaying for military equipment? (Apple / Spotify)
How to transform a war economy from peacetime (Apple / Spotify)
How to transform a war economy from peacetime (Apple / Spotify)
How the world economy could react to escalation in the Middle East (Apple / Spotify)
How niche brands got into your grocery store (Apple / Spotify)
WTF is a bitcoin ETF (Apple / Spotify)
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NPR Privacy PolicyTue, 13 Feb 2024 - 1853 - What's really happening with the Evergrande liquidation
China is in the economic doldrums in part due to its slumping real estate market. And one of the largest property developers in mainland China is a huge part of the story. Evergrande is drowning in about $300 billion of debt. And after months of attempting to restructure, one of its entities is now being forced to liquidate. We look at what that means and how the Chinese economy will be affected.
Related episodes:
China's weakening economy in two Indicators (Apple / Spotify)
Tumbling Chinese stocks and rapid Chipotle hiring (Apple / Spotify)
The mess at the heart of China's economy (Apple / Spotify)
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NPR Privacy PolicyMon, 12 Feb 2024 - 1852 - A Swiftie Super Bowl, a stumbling bank, and other indicators
It is Friday, and Indicators of the Week is back — SUPER Edition. Today, what one New York bank's shakiness means for the wider economy, why Mexican imports in the US are super surging, and the T. Swift effect on the Super Bowl.
Related Episodes:
Economics, boosternomics and Swiftnomics (Apple/Spotify)
Does the U.S. have too many banks? (Apple/Spotify)
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NPR Privacy PolicySat, 10 Feb 2024 - 1851 - Why Saudi Arabia is building a new city in the desert
For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. Its ability to influence global oil supply propelled Saudi Arabia to one of the richest countries in the world. The Saudi royal family became important players on the world stage. However, waning dominance in the oil market is forcing the Saudi government to think differently about its reliance on the commodity.
Today on the show, we explain Saudi Arabia's fantastical vision for its future and how the government is using its present influence in the oil market to fund it.
Related episodes:
Why oil in Guyana could be a curse
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NPR Privacy PolicyThu, 08 Feb 2024 - 1850 - Is Wall Street's hottest trend finally over?
WeWork, DraftKings, Lucid Motors. These are a few companies that have taken an untraditional route to go public through something called SPACs or special purpose acquisition companies. The obscure investment vehicle took off during the pandemic, but has since fallen back to earth. Today, we consider the rise and fall of SPACs and how recent rule changes will affect these deals.
Related episodes:
The SPAC is back
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NPR Privacy PolicyThu, 08 Feb 2024 - 1849 - Did pandemic business support work?
The U.S. launched the Paycheck Protection Program in April 2020 to save jobs and businesses from the worst effects of the pandemic. Today on the show, a post-mortem on the controversial program and whether it fulfilled its objective. Also, we hear from one company that voluntarily paid back its PPP loan — with interest — even though it could have qualified for forgiveness.
Related episodes:
Could cash payments ease recessions? (Apple / Spotify)
Small banks' corona crunch
The big small business rescue
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NPR Privacy PolicyTue, 06 Feb 2024 - 1848 - Could cash payments ease recessions?
Although we have dodged the bullet for now, the threat of a recession is always a concern for policy makers. The question is: will we be prepared next time? In this episode, we consider an alternative approach to stabilizing the economy during a recession through automatic monthly cash payments. The hope: faster relief, a reduced racial wealth gap and predictable income. Can it work?
Related episodes:
The Sahm Rule with the eponymous economist
Hear us out: We ban left turns and other big ideas (Apple / Spotify)
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NPR Privacy PolicyMon, 05 Feb 2024 - 1847 - How local government is propping up the U.S. labor market
The most recent jobs report from the Bureau of Labor Statistics shows the United States economy exceeded expectations by adding 353,000 jobs in January. This continues the labor market's years-long trend of resilience in the face of the Federal Reserve's interest rate hikes. However, digging deeper into the numbers reveals figures that economists are keeping a close eye on.
Today, we explain why it's not necessarily ideal for local government jobs to lift up a booming labor market.
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NPR Privacy PolicyFri, 02 Feb 2024 - 1846 - Why the FTC is cracking down on location data brokers
It's no secret — your phone knows where you are, and if that data exists, someone else might have it. Back in 2022, we covered the murky market for smartphone location data. Now, the Federal Trade Commission is cracking down on this multi-billion dollar industry. In today's episode, we explain why the agency is trying to ban a data broker from selling information tied to sensitive places like medical facilities.
Related episodes:
Ad targeting gets into your medical file (Apple / Spotify)
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NPR Privacy PolicyThu, 01 Feb 2024 - 1845 - How to transform a war economy for peacetime
In the 1980s, California was the heart of the aerospace industry. But when the Cold War ended, military spending cuts put those defense jobs in jeopardy.
This week, we're bringing you a three-part series on the defense industry. In this episode: how the state redirected some of those defense dollars to another economic opportunity provides an example of how the "peace dividend" can be used effectively.
Related episodes:
Are we overpaying for military equipment? (Apple / Spotify)
Can Just-In-Time handle a new era of war? (Apple / Spotify)
Industrial policy, the debate! (Apple / Spotify)
Giant vacuums and other government climate bets (Apple / Spotify)
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NPR Privacy PolicyWed, 31 Jan 2024 - 1844 - Can Just-In-Time handle a new era of war?
Just-in-time manufacturing began as a way to save space, remove costs and improve efficiency ... for Toyota. The U.S. defense industry has since incorporated this approach. Now, leaders in the defense industry question whether it's to blame for weapons and ammunition shortages.
This week, we're bringing you a three-part series on the defense industry. Today on the show, we look at how a just-in-time mindset filtered through the military contracting system, and we ask whether bare-bones manufacturing styles are leaving the U.S. in a bind.
Related Episodes
Are we overpaying for military equipment? (Apple / Spotify)
How to transform a war economy from peacetime (Apple / Spotify)
Toyota Camry, supply-chain hero
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NPR Privacy PolicyTue, 30 Jan 2024 - 1843 - Are we overpaying for military equipment?
If the proposed defense budget is passed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying. This week, we're bringing you a three-part series on the defense industry.
Today, we unpack how defense costs are getting so high and why it's happening.
Related:
Can Just-In-Time handle a new era of war? (Apple / Spotify)
How to transform a war economy from peacetime (Apple / Spotify)
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NPR Privacy PolicyMon, 29 Jan 2024 - 1842 - Tumbling Chinese stocks and rapid Chipotle hiring
It's Indicators of the Week, that time each Friday when we look at the most fascinating numbers from the news. Today, we explain the different directions of the Chinese and American economies ... and how a burrito can be a bellwether.
Related Episodes:
Young, "spoiled and miserable" in China (Apple / Spotify)
The mess at the heart of China's economy (Apple / Spotify)
China's Big Tech Crackdown
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NPR Privacy PolicyFri, 26 Jan 2024 - 1841 - How niche brands got into your local supermarket
From salsas to barbecue sauces to refrigerated beverages, small artisanal brands are infiltrating grocery shelves everywhere. How did this happen? Today on the show, we team up with Dan Pashman of The Sporkful food podcast to follow the rise of niche soda maker Olipop, and share the hidden incentives that have grocers making shelf space for these products.
Listen to The Sporkful on Apple or Spotify.
Related episodes:
Grocery delivery wars
How grocery shelves get stacked
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NPR Privacy PolicyThu, 25 Jan 2024 - 1840 - A manifesto for feeding 8 billion people
In her new book, Our World In Data's Head of Research Hannah Ritchie investigates how to meet the needs of people without destroying the planet. Today we ask Hannah: Can we feed the world, sustainably?
Related episodes
The Amazon, the Colorado River and a price on nature (Apple Podcasts / Spotify)
The Problem with the US's Farm Worker Program (Apple Podcasts / Spotify)
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NPR Privacy PolicyThu, 25 Jan 2024 - 1839 - A treacherous descent? What will the Fed do next?
In the world of summiting mountains, more accidents happen on the way down than on the climb up. Today on the show, why that could be a bad omen for interest rates.
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NPR Privacy PolicyWed, 11 Oct 2023 - 1838 - Economics, boosternomics and Swiftnomics
For this week's Indicators of the Week, Darian is joined by NPR colleagues Jeff Guo and Sydney Lupkin. We get into the latest numbers on child poverty in the U.S. and what it tells us about effective policy intervention. Sydney brings an update on the new covid booster and who's paying for it. And Jeff talks about Taylor Swift...again. He promises it has to do with economics.
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NPR Privacy PolicyFri, 15 Sep 2023 - 1837 - Are we counting jobs right? We answer your listener questions
Listener questions are back! On today's show, we answer whether universities are banks, how — or if — 401(k) contributions affect the stock market, and whether jobs report numbers account for people holding down multiple jobs. If you have a question you'd like us to answer, email us at indicator@npr.org.
Related Episodes:
Higher wages, fewer temp workers and indicators of the year results (Apple / Spotify)
Why pizza costs more in Iceland and other Listener Questions (Apple / Spotify)
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NPR Privacy PolicyTue, 23 Jan 2024 - 1836 - The tensions behind the sale of U.S. Steel
In the 1980s, economic tensions between the U.S. and Japan permeated American politics and pop culture. Similar tensions are resurfacing as Japan's Nippon Steel tries to buy U.S. Steel. Today on the show, the history of U.S.-Japan trade friction and why a new round of anxieties is complicating the sale of U.S. Steel.
Related episodes:
How one small change in Japan could sway U.S. markets (Apple / Spotify)
What Japan's lost decade teaches us about recessions
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NPR Privacy PolicyMon, 22 Jan 2024 - 1835 - Walmart scams, expensive recycling, and overdraft fees
It is Friday. And Indicators of the Week is back — Plastics Edition. Today, we dig into how fraudsters have used Walmart gift cards to scam consumers out of more than $1 billion. We also find out why recycled plastic is actually more expensive now than newly produced plastic. And we learn how overdraft fees might be going way down.
Related Articles
ProPublica - How Walmart's Financial Services Became a Fraud Magnet
Financial Times - Petrochemical glut makes new plastic cheaper than recycled
Related episodes
Overdraft fees: From perk to penalty
The problem with banning plastic bags
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NPR Privacy PolicyFri, 19 Jan 2024 - 1834 - Five tips for understanding political polls this election season
Election season is upon us, and so is the barrage of election polls. What differentiates a good poll from a bad one? How can we be smarter poll consumers? Today on the show, a couple of polling experts give us their top tips.
Related episodes:
Planet Money tries election polling
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NPR Privacy PolicyThu, 18 Jan 2024 - 1833 - The surprising leader in EVs
The number one producer of electric vehicles in the world is ... BYD? On today's show, we look at how the Chinese EV manufacturer rose from a battery company to global dominance. It took a mix of obsessive attention to detail, scale, government support and ... guitar-string-related quirks. Plus, we consider whether BYD can crack the U.S. market.
Related Episodes:
How electric vehicles got their juice (Apple / Spotify)
How the South is trying to win the EV race (Apple / Spotify)
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NPR Privacy PolicyThu, 18 Jan 2024 - 1832 - How the world economy could react to escalation in the Middle East
The conflict between Israel and Hamas has been going on for more than three months, and is now beginning to spill into other parts of the Middle East. That includes attacks on commercial ships in the Red Sea, rocket attacks by Hezbollah and U.S. airstrikes in Yemen. On today's show, we'll consider what escalation could mean for global trade and the region's most important export: oil.
Related episodes:
Red Sea tensions spell trouble for global supply chains (Apple / Spotify)
Oil prices and the Israel-Hamas war (Apple / Spotify)
What could convince Egypt to take in Gaza's refugees (Apple / Spotify)
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NPR Privacy PolicyWed, 17 Jan 2024 - 1831 - Offloading EVs, vacating offices and reaping windfalls
It's Indicators of the Week, that time each Friday when we look at three of the most fascinating numbers from the news. Today we explain why Hertz is trying to sell off part of its EV inventory, why office vacancy rates are still climbing and what Apple's class-action payout yielded one of our hosts.
Related Episodes:
What could break next? (Apple / Spotify)
How the South is trying to win the EV race (Apple / Spotify)
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NPR Privacy PolicyFri, 12 Jan 2024 - 1830 - The lawsuit that could shake up the rental market
A number of lawsuits against Texas-based company RealPage are putting increased attention on how algorithms can interact with the rental market. In the lawsuit, RealPage is accused of facilitating a cartel between major property managers that results in higher prices for renters and increased profits for landlords who use RealPage's software. RealPage, however, denies any wrongdoing.
Today on the show, we dive into the details of the lawsuit and explain why this case challenges typical notions of cartel behavior.
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NPR Privacy PolicyFri, 12 Jan 2024 - 1829 - Why oil in Guyana could be a curse
In 2015, Guyana changed forever when ExxonMobil discovered major oil deposits off its coast. The impoverished South American country known for its thick rainforest was suddenly on course to sudden wealth.
But while a mining boom may seem like only a good thing, it can often be bad for countries long-term. Today on the show, how Guyana can still avoid the so-called resource curse.
Related episodes:
Norway has advice for Libya
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NPR Privacy PolicyWed, 10 Jan 2024 - 1828 - Ad targeting gets into your medical file
More doctors' offices are ditching clunky clipboards and embracing digital records and online check-ins. But some patients may be unaware that their sensitive health data could be accessible to more than just their health care provider. Today on the show, how ad targeting has moved into the doctor's office, why that's rubbing some patients the wrong way, and why health companies say it can lead to better care.
Related Episodes:
The hidden market for your location data (Apple)
This is your brain on drug ads
This ad's for you
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NPR Privacy PolicyWed, 10 Jan 2024 - 1827 - Five reasons why Americans and economists can't agree on the economy
One of the most puzzling developments for economists in recent months is the disconnect between positive traditional economic data and how people say they feel negatively about the economy. Add to that, people's behavior tracks with what economists would normally expect for happy times. So what's going on?
Today on the show, we turn to something economists have tracked for decades called the misery index. Right now, it says America shouldn't be so miserable, but as we've covered before, surveys say otherwise. We identify five reasons that explain the disconnect.
Related Episodes:
Americans don't like higher prices but they LOVE buying new things (Apple Podcasts / Spotify)
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NPR Privacy PolicyMon, 08 Jan 2024 - 1826 - Higher wages, fewer temp workers and indicators of the year results
The U.S. economy added a solid number of jobs, the unemployment rate held steady, and a lot of people got raises. But, today we ask whether fewer temporary workers could mean recession, and whether higher wages might cause interest rates to stay high.
Related episodes:
The Indicator of the Year (Apple / Spotify)
Predicting next year's economic storylines (Apple / Spotify)
The money illusion
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NPR Privacy PolicySat, 06 Jan 2024 - 1825 - WTF is a bitcoin ETF?
On today's show, we find out what the buzz is around something called a "spot bitcoin exchange-traded fund." Despite a volatile year for cryptocurrency companies, U.S. federal regulators are expected to approve this new financial product. So WTF is a bitcoin ETF?
Related episodes:
The spectacle of Sam Bankman-Fried's trial(Apple / Spotify)
A former teen idol takes on crypto (Apple / Spotify)
The rise and fall of FTX
The aftermath of the cryptocurrency crash
The promise and peril of crypto for Black investors
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NPR Privacy PolicyThu, 04 Jan 2024 - 1824 - What a pot of gumbo can teach us about disinflation
News about inflation made a lot of noise in the past two years, but the national CPI reports seem to indicate that inflation is starting to normalize within the Federal Reserve's target range. However, the national CPI basket of goods can have trouble representing inflation at a local level.
Today, we're joined by Drew Hawkins of the Gulf States Newsroom as he goes to the supermarket in New Orleans where the national CPI may not be the best measure of inflation for folks living in the South.
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NPR Privacy PolicyWed, 03 Jan 2024 - 1823 - Red Sea tensions spell trouble for global supply chains
The Red Sea is a crucial piece of the global supply chain, accounting for around 15% of the world's shipping. This includes oil tankers and massive container ships transporting everything from microchips to furniture. Recent attacks by Houthi rebels, backed by Iran, have destabilized the region and prompted the U.S. to organize a multinational naval force to protect commercial ships. Today on the show, what's going on with shipping in the Red Sea.
Related Episodes:
A drought, a jam, a canal — Panama! (Apple / Spotify)
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NPR Privacy PolicyWed, 03 Jan 2024 - 1822 - Chasing the American Dream at Outback Steakhouse (Classic)
How often do you hang out with people in a different socioeconomic bracket than you? And where do you meet and congregate? Economist Maxim Massenkoff, and his co-author Nathan Wilmers, looked at cell phone location data to figure out where people with vastly different incomes commune together. Today on the show, Maxim discusses his research, and Darian and Alexi head to a restaurant to try and witness some of this class mixing in action.
Related Episode: The Secret to Upward Mobility: Friends
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NPR Privacy PolicyFri, 29 Dec 2023 - 1821 - 'Let's Get It On' ... in court (Update)
*This episode originally aired on April 20th, 2023*
When it comes to making art, what's the difference between inspiration and theft? Between artistic license and copyright infringement? That is the question at the heart of one of the biggest musical copyright cases in years that went to trial this past year.
Today on the show, did Ed Sheeran steal from Marvin Gaye's "Let's Get It On" in his hit single "Thinking Out Loud"? Law professor Jennifer Jenkins sits down at the piano to help us hear the differences and similarities between these two songs.
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NPR Privacy PolicyThu, 28 Dec 2023 - 1820 - A lesson in Barbie labor economics (Classic)
*This episode originally aired on July 24th, 2023*
After a stunning box office opening of more than $300 million worldwide for the new Greta Gerwig film, the Barbieverse is having its moment. So what better time to examine what Barbie's 200-plus careers over the decades—from fashion model to astronaut to teacher—tell us about real-life women in the workforce. Today on the show, a former economics educator gives us a Barbie pink-colored lens on the labor market.
You can find the St. Louis Fed's Barbie curriculum here.
Related episodes:
Want more Barbie-nomics? Check out our episode on how Mattel turned the Barbie brand around.
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NPR Privacy PolicyWed, 27 Dec 2023 - 1819 - The echo of the bison (Classic)
*This episode originally aired on August 21st, 2023*
For over 10,000 years, many peoples in what's now known as North America relied on bison. Thirty million of these creatures stretched from modern Canada all the way down to Mexico.
But in the late 1800s hide-hunters and the U.S. military annihilated the bison, bringing them to the brink of extinction. And that had consequences for the people who relied on the bison. Consequences that we still see today.
Today, we hear from an economist who revealed the shocking numbers telling this story, and one member of the Blackfeet Nation who is trying to bring back the bison.
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NPR Privacy PolicyTue, 26 Dec 2023 - 1818 - Predicting next year's economic storylines
It's time for another intra-Family Feud! The friendly game-show competition where our hosts from Planet Money and The Indicator duke it out over which indicator will be the leading economic story in 2024. Will interest rates decline? Will 'Bidenomics' catch on? Will junk fees get taken out with the garbage?
Tell us who won by submitting your vote to Planet Money's Instagram or email us with "Family Feud" in the subject line. Voting ends Dec. 31 at midnight, and we'll announce the winner(s) on our Jan. 5 episode.
Related Episodes:
The Indicator of the Year: 2023 (Apple / Spotify)
The 'physics' behind potential interest rates cuts (Apple / Spotify)
Junk fees, unfilled jobs, jackpot? (Apple / Spotify)
We grade Fed Chair Jerome Powell (Apple / Spotify)
Industrial policy, the debate! (Apple / Spotify)
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NPR Privacy PolicyFri, 22 Dec 2023 - 1817 - The 'Yellowstone' effect on MontanaYellowstone first aired in 2018, quickly becoming one of television's most popular shows. The show follows John Dutton, played by Kevin Costner, as he feuds with real estate developers threatening to encroach on his family ranch. Today on the show, how life imitates art in Montana, where tourism has boomed, the population has grown and housing prices have soared.
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NPR Privacy PolicyThu, 21 Dec 2023 - 1816 - How economics can help you stick to your New Year's resolution
Talk of New Year's resolutions is bubbling up as 2024 quickly approaches. Whether it's a fitness goal, wanting to learn a new skill or just trying to develop better habits, a new year is the perfect excuse to start. However, it can be difficult to maintain as time passes by.
Today on the show, we talk to a behavioral economist about one of the best ways to stick to your New Year's resolutions using the power of economics.
Mixed Signals: How Incentives Really Work by Uri Gneezy
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NPR Privacy PolicyWed, 20 Dec 2023 - 1815 - Coyote vs. Warner Bros. Discovery
The movie Coyote vs. Acme was set to release this summer featuring characters from the iconic Looney Tunes cartoons. The studio behind the film, Warner Bros. Pictures, had some other ideas. Instead of releasing the completed film, the studio canceled Coyote vs. Acme, with no intention of ever releasing it.
Today on the show, we explain the Hollywood economics behind why Warner Bros. Discovery might not want to release movies that its own studio spent years putting together.
Related Episodes:
Why platforms like HBO Max are removing streaming TV shows (Apple Podcasts / Spotify)
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NPR Privacy PolicyWed, 20 Dec 2023 - 1814 - Would-be weed merchants hit a 'grass ceiling'
For decades, states have prosecuted and imprisoned people for selling weed. Today, recreational marijuana is legal in almost half of U.S. states, and many want to give individuals who were impacted by marijuana enforcement a chance to sell it legally. But as the roughly $30 billion cannabis industry grows, are these so-called social equity programs living up to their promise?
Today on the show, why many would-be cannabis entrepreneurs find themselves hitting a 'grass ceiling'.
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NPR Privacy PolicyTue, 19 Dec 2023 - 1813 - The Indicator of the Year
By many measures, 2023 was a decent year for the U.S. economy, but that's not how people necessarily felt. So what economic story best defined the year? Soft landings? Hard feelings about the economy? An inhospitable housing market? Our hosts from Planet Money and The Indicator battle it out over which economic story best illustrates the year.
Tell us who won by submitting your vote via Planet Money's Instagram or email us with "Family Feud" in the subject line.
Related episodes:
Taking the temperature of the US consumer (Apple / Spotify)
A treacherous descent, what will the Fed do next? (Apple / Spotify)
When mortgage rates are too low to give up (Apple / Spotify)
Which economic indicator defined 2022?
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NPR Privacy PolicyFri, 15 Dec 2023 - 1812 - What women want (to invest in)
Women lag behind men when it comes to investing. Combine this with the fact that women tend to earn less than their male peers and live longer, and it can create a waterfall of awful long-term consequences for half of America's population. Today, we speak to an author of an investing study who says he's found a solution.
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NPR Privacy PolicyFri, 15 Dec 2023 - 1811 - The 'physics' behind potential interest rate cuts
In the world of science there are laws—rules that describe how the universe works. The Federal Reserve has its own set of rules, except its rules are more like guidelines to help the Fed decide where interest rates should be. Today on the show, we explain inertial and non-inertial rules in the world of monetary policy, and what they tell us about potential rate cuts in the year ahead.
Related episodes:
The rat under the Fed's hat (Apple / Spotify)
The fed decides to wait and see (Apple / Spotify)
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NPR Privacy PolicyWed, 13 Dec 2023 - 1810 - Are the products in your shopping cart real?
How often are you shopping online and think to yourself, is that shirt/dress/jeans in my shopping cart ... even real?That is a question some shoppers are asking themselves as AI-generated products increasingly infiltrate the world of e-commerce.
Today on the show, we talk to an expert in digital forensics about how AI-generated merchandise is only likely to become more common, and what ought to be done to help prevent unethical sellers from abusing the technology.
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NPR Privacy PolicyTue, 12 Dec 2023 - 1808 - A countdown to climate action
Since the end of November, diplomats, scientists, activists and lobbyists from nearly every country on Earth have come together for COP 28, the United Nations climate negotiating talks. One of the goals of this gathering is for countries to agree on the best path forward to address human-driven climate change. Stakes are high as average global temperatures continue to approach a key threshold of 1.5 degree Celsius (or 2.7 degrees Fahrenheit) above pre-industrial times — the level climate scientists say we must stay under to stave off severe climate disruptions that could contribute to flooding, drought, hunger, and conflict.
As it comes to a close, Nathan Rott with NPR's climate desk helps us navigate the take-aways from the pivotal conference.
Related Episodes:
Gambling, literally, on climate change (Apple Podcasts/Spotify)
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NPR Privacy PolicyTue, 12 Dec 2023 - 1807 - AI creates, transforms and destroys... jobs
We often talk about the jobs lost due to artificial intelligence. But what about the ones created or even transformed? From the gig work of training AI on good and bad answers through to designing new AI models, AI jobs are popping up like mushrooms.
Today on the Indicator, we talk to people in these new roles and consider what the bots mean for the labor market.
Related Episodes:
Is AI a job-killer or an up-skiller? (Apple Podcasts/Spotify)
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NPR Privacy PolicyFri, 08 Dec 2023 - 1806 - The wheel's many reinventions
"Don't reinvent the wheel" is a common phrase, but structural engineer Roma Agrawal doesn't buy it.
Roma has a new book out, Nuts and Bolts: Seven Small Inventions That Changed the World (in a Big Way). And in it, she argues that the re-interpretation of the wheel has been critical to modernizing the economy from a pottery wheel in ancient Mesopotamia to the gyroscope on the International Space Station.
Today, how this constant reinvention fuels economic progress.
Related Episodes:
What nails can tell us about the economy
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NPR Privacy PolicyThu, 07 Dec 2023 - 1805 - What can we learn from the year's most popular econ terms?
In 2021, the most popular term on Investopedia was "capital gains tax." In 2022, it was "poison pill." These top terms help capture the economic zeitgeist of their year. So... what was it in 2023?
Today, Investopedia's editor-in-chief — and a poet — help us make sense of what the website's top ten terms of the year tell us about our collective economic psyche.
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NPR Privacy PolicyThu, 07 Dec 2023 - 1804 - Americans don't like higher prices but they LOVE buying new things
Eight times a year, regional Federal Reserve Banks release a collection of anecdotes that reveal stories about the economy. These stories come together in what's known as the "Beige Book," and we award the regional bank with the best entry with our coveted Beigie Award. Today, we're highlighting an entry that gets to the heart of the contradictions we're seeing when it comes to consumer preferences and sentiment.
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NPR Privacy PolicyTue, 05 Dec 2023
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