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Planet Money

by NPR

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...

355 episodes

Episodes

Latest first
Mar 13, 202625 min
Chef vs. Robot

Robby the chef has lots of endearing qualities. He can make over 5000 dishes, he’s a consistent cook, and he’s never late for work. But...

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Mar 11, 202629 min
The laws of the office revisited

Live event info and tickets here.If something is going wrong in your workplace, there's probably a law that explains why. Meetings always...

0:00--:--
Mar 6, 202630 min
Planet Money vs. the NBA’s tanking problem

What do we want from sports? The very best athletes competing as hard as they know how, putting all their effort and training and natural...

0:00--:--
Mar 4, 202627 min
The Business of Heated Rivalry

Heated Rivalry, the steamy hockey romance show, was made for about $2 million per episode. That is remarkably cheap for an hour-long...

0:00--:--
Feb 27, 202636 min
Don't hate the replicator, hate the game

The world of science has been stuck in an existential crisis over whether we actually know the things we thought we knew. Re-running an old...

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Feb 25, 202618 min
The ICE hiring boom

Live event info and tickets here. ICE is scaling up, with rapid new hiring. So we ask, has training new officers changed? At what cost?...

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Feb 21, 202625 min
The Supreme Court struck down a bunch of Trump's tariffs. Now what?

Live event info and tickets here.The Supreme Court has spoken. Those big, sweeping tariffs that President Trump imposed early last year?...

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Feb 18, 202627 min
How to get what Greenland has, with permission

Book tour and ticket info here.Greenland has said it is not for sale. Denmark has said it can’t even legally sell Greenland. And at a...

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Feb 13, 202631 min
Betty Boop, Excel Olympics, Penny-isms: Our 2026 Valentines

Book tour event details and ticket info here.An iconic cartoon character liberated from copyright, journalism from the world of competitive...

0:00--:--
Feb 11, 202630 min
The Invention Invention

Book tour tickets and details here.Today, the story of three inventions. The first, the sewing machine, was created by a selfish and...

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Feb 7, 202633 min
Iran, protests, and sanctions

Book tour tickets and details here.The recent protests in Iran are about so many things. Human rights, corruption, freedom. But this time –...

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Feb 4, 202629 min
Riding with the repo man (update)

Planet Money book tour ticket info and dates here. A record number of Americans with poor or just okay credit are behind on their car...

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Jan 31, 202627 min
Can Trump make buying a home more affordable?

Book tour dates and ticket info here.Housing is too expensive. Everyone knows this. Democrats know that talking about it plays well with...

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Jan 28, 202627 min
Can transforming neighborhoods help kids escape poverty?

In the 1990s, Congress created HOPE VI, a program that demolished old public housing projects and replaced them with more up-to-date ones....

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Jan 24, 202631 min
A trip to the magic mushroom megachurch

Book tour dates and ticket info here.Just as every market has its first movers, every religion has its martyrs — the people willing to risk...

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Jan 22, 202636 min
BOARD GAMES 3: What’s in a name?

Planet Money has teamed up with the company Exploding Kittens to make a board game inspired by the legendary economics paper The Market for...

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Jan 17, 202633 min
Chevron, Venezuela and the Paradox of Plenty

Venezuela and Chevron have perhaps one of the strangest partnerships … ever? Chevron, one of the world’s most famous and profitable oil...

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Jan 14, 202630 min
How much money President Trump and his family have made

Before President Donald Trump’s first term, he was in a “tight spot” financially, according to New Yorker writer David Kirkpatrick. At the...

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Jan 10, 202624 min
So are we in an AI bubble? Here are clues to look for.

Are we in an AI bubble? That’s the $35 trillion dollar question right now as the stock market soars higher and higher. The problem is that...

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Jan 7, 202629 min
How Black hair care grew Black power

The Afro is one of the most iconic hairstyles of the last century. And one of its main ingredients was a hair product – Afro Sheen. But...

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Jan 4, 202622 min
Venezuela’s recent economic history (Update)

We’ve been checking in on the economic conditions in Venezuela for about a decade now. In response to the U.S. strike and the capture of...

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Dec 31, 202518 min
Indicators of the Year, Past and Future

2025 is finally over. It was a wild year for the U.S. economy. Tariffs transformed global trading, consumer sentiment hit near-historic...

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Dec 30, 202525 min
Why economists got free trade with China so wrong

With the year coming to a close, we're sharing our most popular Planet Money bonus episode of 2025! As U.S. trade with China exploded in...

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Dec 26, 202528 min
The Rest of the Story, 2025

Most stories keep going even after we set down our microphones and the music fades up. That's why, at the end of each year, we look back...

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Dec 24, 202530 min
The summer I turned binge-y

On the eve of Netflix shoveling a fourish-hour chunk of Stranger Things onto Christmas Day, we visit the past, present, and future of...

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Dec 20, 202532 min
What AI data centers are doing to your electric bill

As a country, we are spending more to get data centers up and running than we spent to build the entire interstate highway system. (Yes,...

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Dec 17, 202554 min
PM does a pop culture draft: 1999 edition

Welcome to the inaugural Planet Money Pop Culture Draft! In today's episode (a Planet Money+ episode we’re releasing into the main feed)...

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Dec 12, 202530 min
When Chicago pawned its parking meters

In 2008, Chicago’s budget was in a bad place. The city needed money. One way to raise money was to increase property taxes, but what...

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Dec 10, 202536 min
Strange threadfellows: How the U.S. military shaped what we all wear

From nuclear fission to GPS to the internet, it’s common knowledge that many of the most resource intensive technologies of the last...

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Dec 5, 202530 min
How hurricanes became a hot investment

A few years ago, the Jamaican government started making an unusual financial bet. It went to investors around the world asking if they'd...

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Dec 3, 202518 min
Is AI slopifying the job market? (Two Indicators)

Vote for us in NPR’s People’s Choice Awards: npr.org/peopleschoice AI is already reshaping how people find work. Fewer entry-level jobs,...

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Nov 28, 202524 min
Capitalism (Taylor's Version) (25-minute Podcast Version)

Taylor Swift reaches new heights with her latest album, which is both divisive and record-breaking. And it’s fueled by an elaborate series...

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Nov 27, 202532 min
Saving lives with fewer dollars

Givewell is a nonprofit organization that gives money to “save or improve the most lives per dollar.” Part of their whole thing is a...

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Nov 21, 202519 min
The Consumer Sentiment vs. Consumer Spending Puzzle

Wherever consumer sentiment goes, consumer spending usually goes too. They’re like buddies that do everything together. Consumer sentiment...

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Nov 19, 202530 min
Days of our Tariffs

Tariffs. They’ve been announced, unannounced, re-announced, raised and lowered. It’s an on-going saga with billions at stake!On today’s...

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Nov 15, 202529 min
The obscure pool of money the US used to bail out Argentina

Last month, during the longest government shutdown in U.S. history, Treasury Secretary Scott Bessent announced that the United States had...

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Nov 12, 202525 min
Buy now, pay dearly? (update)

(Note: A version of this episode originally ran in 2022.)Every time you shop online and make it to the checkout screen, you see those...

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Nov 7, 202528 min
A new experiment in remote work … from the inside

When people in Maine prisons started getting laptops to use in their cells for online classes and homework, it sparked this new idea. Could...

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Nov 5, 202517 min
Everything’s more expensive!! Pet care!! Concert tickets!! (Two Indicators)

People in the U.S. are feeling the financial squeeze, in part because of rising inflation, higher consumer prices and slowing job growth....

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Nov 1, 202529 min
After the shutdown, SNAP will still be in trouble

This week’s SNAP crisis is just a preview. Tucked inside the giant tax-cut and spending bill signed by President Donald Trump this summer...

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Oct 30, 202528 min
The remittance mystery

For decades, the U.S. has been the single biggest source of remittances worldwide. A remittance is a transfer of money, typically from an...

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Oct 24, 202525 min
Should the fine have to fit the crime?

The U.S. Constitution famously outlaws “cruel and unusual punishments.” But there's another, far more obscure part of the Constitution...

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Oct 22, 202525 min
TikTok’s Trojan Horse Strategy

When TikTok videos started to go viral on Instagram and Reddit, TikTok turned to professional sound designers to protect their content.More...

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Oct 17, 202531 min
How Russia’s shadow fleet is sailing around oil sanctions

Bjarne Caesar Skinnerup works as a maritime pilot in the straits of Denmark. That means he’s used to seeing oil tankers. But after the...

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Oct 15, 202531 min
The year NYC went broke

In 1975, New York City ran out of money. For a decade it had managed to pay for its hundreds of thousands of city employees and robust...

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Oct 10, 202528 min
How the government got hedge funded

The U.S. government spends a ton of money, on everything from Medicare to roads to defense. In fact, it spends way more than it takes in....

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Oct 8, 202519 min
Two ways AI is changing the business of crime (Two Indicators)

Pre-order the Planet Money book here for your free gift. Our sister show, The Indicator, is chronicling the evolving business of crime for...

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Oct 4, 202535 min
BOARD GAMES 2: Making our prototype

It’s here! It’s free to download and playtest! It’s the Planet Money game! (Download here.)Download and playtest the game go here Sign up...

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Oct 1, 202532 min
BOARD GAMES 1: We're making a game

We want to make a board game. It must, of course, teach the world about economics. It must be fun. It’d be nice if it sold lots of copies!...

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Sep 26, 202523 min
How refrigeration took over the world

The next time you open your fridge, take a second to behold the miracles inside of it: Raspberries from California, butter from New...

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Sep 24, 202528 min
How Jane Street’s secret billion-dollar trade unraveled

On Wall Street, fortunes are often won and lost with the tiniest advantages. And for the past few years, one trading firm has stood out...

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Sep 20, 202535 min
In Gaza, money is falling apart

Israel has been blocking the flow of physical money into Gaza since the start of the war. So whatever paper cash was in Gaza before the...

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Sep 17, 202522 min
When CEO pay exploded (update)

(Note: A version of this episode originally ran in 2016.)It’s no secret that CEOs get paid a ton – and a ton more than the average worker....

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Sep 12, 202525 min
The U.S. now owns a big chunk of Intel. That’s a huge deal.

Last month, President Donald Trump announced an unusual deal. Intel, the biggest microchip maker in America, had agreed to give the United...

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Sep 10, 202528 min
Asking for a friend … which jobs are safe from AI?

There’s one question we seem to be hearing everywhere: “Is my job safe from AI?” Dozens of you, our listeners, have written to us about...

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Sep 6, 202525 min
What happens to central banks under pressure?

President Donald Trump has been pressuring the Federal Reserve from a few angles. So we wanted to look at other examples of political...

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Sep 3, 202520 min
The million dollar mystery behind Milk.com

When we stumbled upon Milk.com, we were mystified. It appears to be someone’s personal website. But memorable domain names can be worth a...

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Aug 29, 202522 min
Lisa Cook and the fight for the Fed

The Federal Reserve has been under intense pressure from President Donald Trump as he pushes for more control over the historically...

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Aug 27, 202530 min
Summer School 8: Graduation LIVE!

Get your own personalized summer school diploma here.Today on our final episode of Summer School 2025, we will test your knowledge. We will...

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Aug 22, 202532 min
Buy discount Ozempic here now click this link

In the past couple years, demand has gone wild for drugs like Ozempic – and its cousins, Zepbound, Wegovy, and Mounjaro. For people who had...

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Aug 20, 202539 min
Summer School 7: Trade blocks and blockages

Tariffs are the favorite tool of our current president, but there are lots of other ways that governments insert themselves into the free...

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Aug 15, 202531 min
When our inflation infeelings don’t match the CPI

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...

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Aug 13, 202536 min
Summer School 6: When the markets need a designer

In economics, a market is a place (even virtual) where buyers and sellers meet to exchange goods or services. Economists love markets. It's...

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Aug 9, 202534 min
What happens when governments cook the books

After President Trump fired the head of the Bureau of Labor Statistics, economists and statisticians across the board were horrified....

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Aug 6, 202536 min
Summer School 5: The many ways governments influence industry

LIVE SHOW: August 18th in Brooklyn. Tickets here. Traditional economics says the market is guided by the forces of supply and demand....

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Aug 2, 202532 min
Would you trust an economist with your economy?

Trust in experts is down. In all kinds of institutions and professions - in government, in media, in medical science... and lately,...

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Jul 30, 202535 min
Summer School 4: Who are all these regulations protecting?

LIVE SHOW: August 18th in Brooklyn. Tickets here. There are occasional incentives in business that make it very profitable to do bad...

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Jul 25, 202528 min
The President's Golden Share in U.S. Steel

LIVE SHOW ALERT: August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied...

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Jul 23, 202536 min
Summer School 3: How government decides what to spend our money on

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...

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Jul 18, 202522 min
Why are we so obsessed with manufacturing?

It seems like politicians cannot agree on a lot. But many seem to agree on... manufacturing. Leaders of both political parties have been...

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Jul 18, 20252 min
Congress has voted to eliminate government funding for public media

Act now to ensure public media remains free and accessible to all. Your donation will help this essential American service survive and...

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Jul 16, 202537 min
Summer School 2: How taxes change behavior and the economy

We all know the government uses taxes to pay for things. But what about using taxes to control behavior? This week on Summer School,...

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Jul 11, 202530 min
Made in America

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...

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Jul 9, 202535 min
Summer School 1: A government's role in the economy is to make us all richer

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel...

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Jul 4, 202532 min
The simple math of the big bill

If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it...

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Jul 2, 202525 min
A thought experiment on how to fix the national debt problem

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...

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Jun 27, 202531 min
When Trump met crypto

In 2019, President Trump tweeted: "I am not a fan of Bitcoin and other Cryptocurrencies." Today, the Trumps are all over crypto.There are...

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Jun 25, 202538 min
Econ Battle Zone: Budget Showdown

Econ Battle Zone is back! On today's episode Mary Childs and Kenny Malone enter Econ Battle Stadium to throw down against reigning champion...

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Jun 20, 202528 min
The U.S. is the world's bribery cop. Is that about to change?

The U.S. has been policing bribery all over the world for nearly half a century using a law called the Foreign Corrupt Practices Act. But...

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Jun 19, 202530 min
Jay & Shai's debt ceiling adventure (Update)

Note: A version of this episode first ran in 2023.Every year, the U.S. government spends more money than it takes in. In order to fund all...

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Jun 14, 202527 min
Why I joined DOGE

What was it like to work inside Elon Musk's DOGE? The cost-cutting initiative promised transparency, but most of its actions have been...

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Jun 11, 202524 min
Are Trump's tariffs legal?

When President Trump announced his sweeping new tariffs this year, many trade law experts were startled. Typically, presidents don't have...

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Jun 6, 202531 min
When Chinese manufacturing met Small Town, USA

Over the past decade, politicians from both parties have courted American voters with an enticing economic prospect – the dream of bringing...

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Jun 4, 202518 min
Trump's crypto interests (Two Indicators)

Today on the show – our crypto president. Just before President Donald Trump began his second administration in January, he and his...

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May 30, 202528 min
The U.S.-China trade war, according to game theory

Over the last few months U.S.-China trade relations have been pretty hard to make sense of – unless you look at what's happening through...

0:00--:--
May 28, 202527 min
Why does the government fund research at universities?

American universities are where people go to learn and teach. They're also where research and development happens. Over the past eight...

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May 23, 202534 min
The secret world behind those scammy text messages

You might have seen these texts before. The scam starts innocently enough. Maybe it's a "Long time no see" or "Hello" or "How are you." For...

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May 21, 202523 min
How economists (and TikTok) know if a recession is coming

Lately we've noticed that something we think about all the time here at Planet Money is having a viral moment: recession indicators!From...

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May 16, 202526 min
The 145% tariff already did its damage

Even though the 145% tariff on Chinese imports only lasted a month, it already inflicted its scars on the economy. Global trade is just not...

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May 14, 202525 min
What happened to U.S. farmers during the last trade war

The U.S. exports billions of dollars worth of agricultural products each year — things like soybeans, corn and pork. And over the last...

0:00--:--
May 9, 202526 min
Is the reign of the dollar over?

For decades, dollars have been the world's common financial language. Central banks everywhere hold dollars as a way to safely store their...

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May 7, 202527 min
What "Made in China" actually means

Virtually every product brought into the United States must have a so-called "country of origin." Think of it as the official place it...

0:00--:--
May 2, 202524 min
Why it's so hard to find a public toilet

Why is it so hard to find a bathroom when you need one? In the U.S., we used to have lots of publicly accessible toilets. But many had...

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Apr 30, 202525 min
Planet Money complains. To learn.

On today's show: we're ... venting.We at Planet Money are an ensemble show – each with different curiosities and styles. But we recently...

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Apr 26, 202530 min
How 23andMe's bankruptcy led to a run on the gene bank

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more about the genetic makeup of her...

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Apr 23, 202519 min
A primer on the Federal Reserve's independence

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has...

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Apr 18, 202531 min
How much for that egg

Recently, one of our NPR colleagues wrote a message to all of NPR saying he had extra eggs to sell for cheap, but needed a fair way to...

0:00--:--
Apr 16, 202526 min
OIRA: The tiny office that's about to remake the federal government

OIRA — the Office of Information and Regulatory Affairs — is an obscure, but powerful federal office around the corner from the White...

0:00--:--
Apr 11, 202526 min
Trade war dispatch from Canada

How do you run a business when a trade war is brewing? As President Trump's tariffs kick in - or are paused or are restarted - businesses...

0:00--:--
Apr 9, 202523 min
Do trade deficits matter?

At the heart of President Trump's tariffs is this idea that we should not be buying more from other countries than they are buying from us....

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Apr 4, 202527 min
How the War on Drugs got us... blueberries

Ever wondered why you can buy fresh Peruvian blueberries in the dead of winter? The answer, surprisingly, is tied to cocaine. Today on the...

0:00--:--
Apr 2, 202523 min
Tariffs: What are they good for?

What are tariffs good for?For years, mainstream economists have basically said: tariffs are not good. They are an import tax paid by...

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Mar 28, 202537 min
PM x Radiolab: Can the economy grow forever?

Earth can sustain life for another 100 million years, but can we? This episode, we partner with Radiolab to take stock of the essential raw...

0:00--:--
Mar 26, 202532 min
Planet Money buys a mystery diamond

The deal seemed too good to be true. There's a website that's been selling top quality diamonds at bizarrely low prices. Prices we couldn't...

0:00--:--
Mar 21, 202522 min
Can we just change how we measure GDP?

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all...

0:00--:--
Mar 19, 202522 min
Escheat show (Update)

Note: This original episode ran in 2020.Walter Schramm did everything right as an investor — at least according to the philosophy of Warren...

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Mar 14, 202528 min
How Tupperware took over our homes, with Decoder Ring

Tupperware is the stealthy star of our modern homes. These plastic storage containers are ubiquitous in our fridges, pantries, and closets....

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Mar 12, 202527 min
The last time we shrank the federal workforce

If you cut every single federal job President Donald Trump wants to cut, how much money would that save? A president has tried to massively...

0:00--:--
Mar 7, 202525 min
How to start a bank

In some ways, starting a bank is a lot like starting any other business. Who will you hire? Where will you be located? What color will the...

0:00--:--
Mar 5, 202534 min
The Parable of Peanut the Memecoin

Memecoins are having a moment. Everyone from Hawk Tuah to President Donald Trump to animal influencers like Moo Deng the pygmy hippo have...

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Feb 28, 202528 min
The Memecoin Casino

What do Moo Deng the pygmy hippo, social media sensation Hawk Tuah, and the President of the United States all have in common? They've all...

0:00--:--
Feb 27, 202525 min
The controversy over Tyson Foods' hiring of asylum seekers

Last year, Tyson Foods shuttered a meat processing plant in Perry, Iowa. The company said it made the decision because the plant was old...

0:00--:--
Feb 22, 202527 min
The rise and fall of Long Term Capital Management

There's this cautionary tale, in the finance world, that nearly any trader can tell you. It's about placing too much confidence in math and...

0:00--:--
Feb 19, 202522 min
Can the president override Congress on spending?

So the president can't spend more money than Congress has agreed and voted to spend. But can the president spend less money than Congress...

0:00--:--
Feb 14, 202525 min
The Big Government Money Pipe Freeze

There has been chaotic uncertainty around billions of dollars allocated by Congress. The Trump administration ordered a pause on — and...

0:00--:--
Feb 11, 202522 min
The 'Crypto Wizard' vs. Nigeria

The trip that changed Tigran Gambaryan's life forever was supposed to be short — just a few days. When he flew to Nigeria in February of...

0:00--:--
Feb 7, 202523 min
The fight for a legendary shipwreck's treasure

The San Jose was a marvel of 17th century technology. The Spanish galleon weighed more than a thousand tons, was made of wood reinforced...

0:00--:--
Feb 5, 202529 min
How the scratch off lottery changed America

Americans spend more on scratch lottery tickets per year than on pizza. More than all Coca-Cola products. Yet the scratch ticket as a...

0:00--:--
Feb 1, 202526 min
How DeepSeek changed the market's mind

On Monday, the stock market went into a tizzy over a new AI model from Chinese company DeepSeek. It seemed to be just as powerful as many...

0:00--:--
Jan 29, 202517 min
Re-imagining the energy grid ... through batteries (Two Indicators)

When it comes to solar and wind power, renewable energy has always had a caveat: it can only run when the wind blows or the sun shines.The...

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Jan 25, 202523 min
The "chilling effect" of deportations

After being sworn into office, President Trump signed a whole host of executive actions and orders that affirm his campaign promise to...

0:00--:--
Jan 23, 202525 min
After the fires

The fires in Los Angeles are almost out. Residents are starting to trickle back into their burned-out neighborhoods. When they get to their...

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Jan 17, 202527 min
Tariffs, grocery prices and other listener questions

Donald Trump is just about to begin his second presidency. And it may be safe to say that every single person in America has at least one...

0:00--:--
Jan 15, 202520 min
The Land of the Duty Free (classic)

(Note: This episode originally ran in 2018.)Is it really cheaper to shop at an airport Duty Free store? And why are so many of them...

0:00--:--
Jan 11, 202530 min
The case for Fed independence in the Nixon tapes

You know Watergate, but do you know Fedgate? The more subtle scandal with more monetary policy and, arguably, much higher stakes.In today's...

0:00--:--
Jan 8, 202528 min
ZIP Codes!

The ZIP code is less like a cold, clinical, ordered list of numbers, and more like a weird overgrown number garden. It started as a way to...

0:00--:--
Jan 3, 202527 min
The potato-shaped loophole in free trade

Ever since free trade opened up between the US and Mexico in the 1990s, trillions of dollars of goods have been going back and forth...

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Dec 30, 202417 min
If AI is so good, why are there still so many jobs for translators?

If you believe the hype, translators will all soon be out of work. Luis von Ahn, CEO and co-founder of the language learning app Duolingo,...

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Dec 27, 202428 min
The Rest of the Story, 2024

After the gift exchange comes another great holiday tradition: returns season. Once again, we are joining the fun in our own Planet Money...

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Dec 25, 202422 min
The Indicators of this year and next

This year, there was some economic good news to go around. Inflation generally ticked down. Unemployment more or less held around...

0:00--:--
Dec 20, 202433 min
The habitat banker

Our planet is in serious trouble. There are a million species of plants and animals in danger of extinction, and the biggest cause is...

0:00--:--
Dec 18, 202430 min
How sports gambling blew up

Sports gambling isn't exactly a financial market, but it rhymes with financial markets. What happens on Wall Street somehow eventually also...

0:00--:--
Dec 14, 202428 min
A Nobel prize for explaining why there's global inequality

Why do some nations fail and others succeed?In the late 1990s and early 2000s, three economists formed a partnership that would...

0:00--:--
Dec 11, 202426 min
Worst. Tariffs. Ever. (update)

The Smoot Hawley Tariffs were a debacle that helped plunge America into the Great Depression. What can we learn from them?Today on the...

0:00--:--
Dec 6, 202431 min
There Will Be Flood

Windell Curole spent decades working to protect his community in southern Louisiana from the destructive flooding caused by hurricanes. His...

0:00--:--
Dec 4, 202430 min
George Soros vs. the Bank of England

As people learn more about Donald Trump's pick for Treasury Secretary, Scott Bessent, one story comes up over and over: a legendary trade...

0:00--:--
Dec 2, 202420 min
How useful, really, are the steps you can take after a data breach?

The dreaded data breach notification... It tells you your personal data's been compromised and suggests steps you can take to minimize the...

0:00--:--
Nov 27, 202426 min
Why you bought your couch

You probably own a chair or a table or a sofa. And you probably think you know why you bought it. Because it was comfy. Or blue. Or the...

0:00--:--
Nov 23, 202425 min
Title Pirates

A couple years ago, Gina Leto, a real estate developer, bought a property with her business partner. The process went like it usually did:...

0:00--:--
Nov 20, 202415 min
The long view of economics and immigration (Two Indicators)

Mass deportations. What would actually happen—economically—if the President-elect follows through on promises to deport millions of people...

0:00--:--
Nov 15, 202428 min
The great German land lottery

Every ten years, a group of German farmers gather in the communal farm fields of the Osing for the Osingverlosung, a ritual dating back...

0:00--:--
Nov 13, 202426 min
The strange way the world's fastest microchips are made

This is the story behind one of the most valuable — and perhaps, most improbable — technologies humanity has ever created. It's a...

0:00--:--
Nov 9, 202426 min
What markets bet President Trump will do

On the day after the election, Wall Street responded in a dramatic way. Some stocks went way up, others went way down. By reading those...

0:00--:--
Nov 6, 202423 min
Moving to the American dream? (update)

Back in the 90s, the federal government ran a bold experiment, giving people vouchers to move out of high-poverty neighborhoods into...

0:00--:--
Nov 1, 202436 min
The veteran loan calamity

Ray and Becky Queen live in rural Oklahoma with their kids (and chickens). The Queens were able to buy that home with a VA loan because of...

0:00--:--
Oct 31, 202428 min
So your data was stolen in a data breach

If you... exist in the world, it's likely that you have gotten a letter or email at some point informing you that your data was stolen....

0:00--:--
Oct 25, 202426 min
Why do hospitals keep running out of generic drugs?

There's something strange going on in hospitals. Cheap, common drugs that nurses use every day seem to be constantly hit by shortages....

0:00--:--
Oct 23, 202417 min
Romance on the screen and on the page: Two Indicators

On today's show, we have two stories from The Indicator, Planet Money's daily podcast. They just launched Love Week, a weeklong series...

0:00--:--
Oct 18, 202430 min
The Subscription Trap

Over the past two decades, there's been a sort of tectonic economic shift happening under our feet. More and more companies have switched...

0:00--:--
Oct 16, 202421 min
We asked 188 economists. And the survey says...

(For our story on this year's Nobel in Economics, check out our daily show, The Indicator!)Let's face it. Economics is filled with terms...

0:00--:--
Oct 11, 202425 min
So imPORTant: Bananas, frogs, and... Bob's??

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...

0:00--:--
Oct 9, 202424 min
Can cap and trade work in the US?

Recently, the state of Washington embarked on an ambitious new plan to combat climate change. Taking a page from economics textbooks, the...

0:00--:--
Oct 4, 202418 min
What's up with all the ads for law firms?

The lawyer commercial is almost an art form unto itself. Learned practitioners of the law doing whatever it takes to get your attention,...

0:00--:--
Oct 2, 202423 min
How Venezuela imploded (update)

(Note: A version of this episode originally ran in 2016.)Back in 2016, things were pretty bad in Venezuela. Grocery stores didn't have...

0:00--:--
Sep 27, 202425 min
What's THAT got to do with economics?

"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...

0:00--:--
Sep 25, 202425 min
Veep-onomics

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...

0:00--:--
Sep 20, 202424 min
How to save 10,000 fingers

Table saws are extremely dangerous. The government estimates that injuries from table saws send something like 30,000 people to the...

0:00--:--
Sep 18, 202428 min
Can money buy happiness?

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...

0:00--:--
Sep 16, 202432 min
99 Percent Invisible: The White Castle System of Eating Houses

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...

0:00--:--
Sep 13, 202423 min
Rate Expectations

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...

0:00--:--
Sep 11, 202418 min
Is AI overrated or underrated?

Are the promises made by AI boosters all hype, or are we actually under-appreciating the transformative potential of AI?Can artificial...

0:00--:--
Sep 6, 202433 min
Summer camp capitalism

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...

0:00--:--
Sep 4, 202429 min
Bingo! (Presidential debate edition)

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...

0:00--:--
Aug 30, 202423 min
How to fix a housing shortage

When Cody Fischer decided to get into real estate development, he had a vision. He wanted to build affordable, energy efficient apartments...

0:00--:--
Aug 28, 202432 min
Summer School 8: Big ideas and life lessons from Marx, Keynes and Smith and more

Take the 2024 Planet Money Summer School Quiz here to earn your personalized diploma!Find all the episodes from this season of Summer...

0:00--:--
Aug 23, 202426 min
The trade fraud detective

When David Rashid took over US autoparts maker Plews and Edelmann, the company was losing business to its Chinese rival, Qingdao Sunsong....

0:00--:--
Aug 21, 202435 min
Summer School 7: The Great Depression, the New Deal and how it changed our economy

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...

0:00--:--
Aug 16, 202421 min
The hidden world behind your new "banking" app

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...

0:00--:--
Aug 14, 202436 min
Summer School 6: China, Taiwan and how nations grow rich

Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok...

0:00--:--
Aug 9, 202425 min
Will the Olympics break breakdancing?

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....

0:00--:--
Aug 7, 202436 min
Summer School 5: 250 years of trade history in three chapters

Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok...

0:00--:--
Aug 2, 202425 min
What to do when you're in a class action

Maybe you got a boring slip of paper in the mail. Maybe you got a spammy-looking email promising you money. Surprise! You're in a class...

0:00--:--
S5 E35Jul 31, 202436 min
Summer School 4: Banker vs president and the birth of the dollar

Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok...

0:00--:--
Jul 26, 202434 min
Summer School 3: The first stock and perpetual life

Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok...

0:00--:--
Jul 24, 202418 min
What Kamala Harris' economic agenda might look like

Last weekend we were all thrown for a loop when President Joe Biden dropped out of the presidential race and endorsed Kamala Harris for the...

0:00--:--
Jul 20, 202422 min
The color monopoly

In 2022, artist Stuart Semple opened up his laptop to find that all his designs had turned black overnight. All the colors, across files on...

0:00--:--
Jul 17, 202432 min
Summer School 2: The golden ages of labor and looms

Who has the power? Workers or bosses? It changes through the ages, though it's usually the bosses. Today, we look at two key moments when...

0:00--:--
Jul 12, 202427 min
Rooftop solar's dark side

4.5 million households in the U.S. have solar panels on their homes. Most of those customers are happy with it - their electricity bills...

0:00--:--
Jul 10, 202434 min
Summer School 1: An Economic History of the World

Planet Money Summer School is back for eight weeks. Join as we travel back in time to find the origins of our economic way of life. Today...

0:00--:--
Jul 5, 202425 min
How flying got so bad (or did it?)

We often hear that air travel is worse than it's ever been. Gone are the days when airplanes touted piano bars and meat carving stations —...

0:00--:--
Jul 3, 202420 min
The two companies driving the modern economy

At the core of most of the electronics we use today are some very tiny, very powerful chips. Semiconductor chips. And they are mighty: they...

0:00--:--
Jun 29, 202425 min
Do immigrants really take jobs and lower wages?

We wade into the heated debate over immigrants' impact on the labor market. When the number of workers in a city increases, does that take...

0:00--:--
Jun 26, 202418 min
The Carriage Tax (Update)

(Note: A version of this episode originally ran in 2019.)In 1794, George Washington decided to raise money for the federal government by...

0:00--:--
Jun 21, 202427 min
The Vapes of Wrath

When the vape brand Juul first hit the market back in 2015, e-cigarettes were in a kind of regulatory limbo. At the time, the rules that...

0:00--:--
Jun 19, 202428 min
Why is everyone talking about Musk's money?

We've lived amongst Elon Musk headlines for so long now that it's easy to forget just how much he sounds like a sci-fi character. He runs a...

0:00--:--
Jun 14, 202424 min
What's with all the tiny soda cans? And other grocery store mysteries, solved.

There's a behind the scenes industry that helps big brands decide questions like: How big should a bag of chips be? What's the right size...

0:00--:--
Jun 12, 202425 min
Bringing a tariff to a graphite fight

Graphite is sort of the one-hit wonder of minerals. And that hit? Pencils. Everyone loves to talk about pencils when it comes to graphite....

0:00--:--
Jun 7, 202426 min
How much national debt is too much?

Most economic textbooks will tell you that there can be real dangers in running up a big national debt. A major concern is how the debt you...

0:00--:--
Jun 5, 202421 min
The history of light (classic)

For thousands of years, getting light was a huge hassle. You had to make candles from scratch. This is not as romantic as it sounds. You...

0:00--:--
May 31, 202423 min
How the FBI's fake cell phone company put criminals into real jail cells

There is a constant arms race between law enforcement and criminals, especially when it comes to technology. For years, law enforcement has...

0:00--:--
May 29, 202427 min
So you've been scammed, now what?

We are living in a kind of golden age for online fraudsters. As the number of apps and services for storing and sending money has exploded...

0:00--:--
May 24, 202425 min
The junkyard economist

On today's episode, we ride through the streets of San Francisco with a long-time junkman, Jon Rolston. Jon has spent the last two decades...

0:00--:--
May 22, 202427 min
Anatomy of a layoff

By one estimate, 40 percent of American workers get laid off at least once in their careers. And when that happens, companies will often...

0:00--:--
May 17, 202425 min
The hack that almost broke the internet

Last month, the world narrowly avoided a cyberattack of stunning ambition. The targets were some of the most important computers on the...

0:00--:--
May 15, 202418 min
Why Gold? (Classic)

In the past few months, the price of gold has gone way up – even hitting a new high last month at just over $2,400 per troy ounce. Gold has...

0:00--:--
May 10, 202430 min
Zombie mortgages are coming back to life

Karen McDonough of Quincy, Mass., was enjoying her tea one morning in the dining room when she saw something odd outside her window: a...

0:00--:--
May 8, 202418 min
Inside video game economics (Two Indicators)

Why do video game workers offer labor at a discount? How can you design a video game for blind and sighted players? Does that design have...

0:00--:--
May 3, 202420 min
The birth of the modern consumer movement

Today on the show, the story of the modern consumer movement in the U.S. and the person who inspired it: Ralph Nader. How Ralph Nader's...

0:00--:--
May 1, 202422 min
Hire Power (Update)

(Note: This episode originally ran in 2021.)Millions of American workers in all sorts of industries have signed some form of noncompete...

0:00--:--
Apr 26, 202418 min
The case of the stolen masks

About thirty years ago, Yagya Kumar Pradhan woke up to the news that the temple he and his clan used had been broken into. The temple had...

0:00--:--
Apr 24, 202432 min
How unions are stopped before they start (Update)

(Note: This episode originally ran in 2023.)Union membership in the U.S. has been declining for decades. But, in 2022, support for unions...

0:00--:--
Apr 19, 202425 min
FTX and the Serengeti of bankruptcy

For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the...

0:00--:--
Apr 17, 202417 min
Grocery prices, credit card debt, and your 401K (Two Indicators)

What's going on with consumers? This is one of the trickiest puzzles of this weird economic moment we're in. We've covered a version of...

0:00--:--
Apr 12, 202420 min
TikTok made me deduct it

TikTok, and other apps like it, are filled with financial advice. Some of it is reliable, some... less so. There are videos about running a...

0:00--:--
Apr 10, 202417 min
How much does this cow weigh? (Classic)

This episode originally ran in 2015.About one hundred years ago, a scientist and statistician named Francis Galston came upon an...

0:00--:--
Apr 5, 202422 min
Japan's Lost Decades

Last month, Japan's central bank raised interest rates for the first time in 17 years. That is a really big deal, because it means that one...

0:00--:--
Apr 3, 202428 min
The real estate industry on trial

In 2019, Mike Ketchmark got a call. Mike is a lawyer in Kansas City, Missouri, and his friend, Brandon Boulware, another lawyer, was...

0:00--:--
Mar 29, 202423 min
How much of your tax dollars are going to Israel and Ukraine

There's been a lot of disagreement in Congress and in the country about whether the U.S. should continue to financially support the wars in...

0:00--:--
Mar 27, 202424 min
The trouble with Table 101 (Update)

(Note: This episode originally ran in 2020.)In the restaurant game, you need to make the most of every table every minute you are open. And...

0:00--:--
Mar 22, 202425 min
What is Temu?

It is rare that a new e-commerce company has such a meteoric rise as Temu. The company, which launched in the fall of 2022, has been...

0:00--:--
Mar 20, 202422 min
How Big Steel in the U.S. fell

Steel manufacturing was at one point the most important industry in the United States. It was one of the biggest employers, a driver of...

0:00--:--
Mar 15, 202423 min
The billion dollar war behind U.S. rum

When you buy a bottle of rum in the United States, by law nearly all the federal taxes on that rum must be sent to Puerto Rico and the U.S....

0:00--:--
Mar 13, 202416 min
Wind boom, wind bust (Two Windicators)

The wind power business is a bit contradictory right now. It's showing signs of boom and bust seemingly all at once. The story of wind...

0:00--:--
Mar 8, 202425 min
On the Oscars campaign trail

When you sit down to watch the Oscars, what you are really watching is the final battle in a months-long war of financial engineering and...

0:00--:--
Mar 6, 202425 min
Is dynamic pricing coming to a supermarket near you?

Dynamic pricing is an increasingly common phenomenon: You can see it when Uber prices surge during rainy weather, or when you're booking a...

0:00--:--
Mar 1, 202429 min
Shopping for parental benefits around the world

It is so expensive to have a kid in the United States. The U.S. is one of just a handful of countries worldwide with no federal paid...

0:00--:--
Feb 29, 202427 min
The secret world behind school fundraisers

Fundraising is a staple of the school experience in the U.S. There's an assembly showing off all the prizes kids can win by selling enough...

0:00--:--
Feb 23, 202425 min
A controversial idea at the heart of Bidenomics

Réka Juhász is a professor of economics at the University of British Columbia, and she studies what's known as industrial policy. That's...

0:00--:--
Feb 21, 202419 min
Two Indicators: Economics of the defense industry

The Department of Defense's proposed budget for 2024 is $842 billion. That is about 3.5% of the U.S.'s GDP. The military buys everything...

0:00--:--
Feb 16, 202419 min
How the Navy came to protect cargo ships

The Genco Picardy is not an American ship. It doesn't pay U.S. taxes, none of its crew are U.S. nationals, and when it sailed through the...

0:00--:--
Feb 15, 202426 min
It's giving ... Valentines

L, is for the way you Listen to Planet MoneyO, is for the Only podcast I hearV, is Very, very, fiduciaryE, is for... ECONOMICS! Every...

0:00--:--
Feb 9, 202422 min
A lawsuit for your broken heart

Keith King was upset when his marriage ended. His wife had cheated, and his family broke apart. And that's when he learned about a very old...

0:00--:--
Feb 7, 202424 min
Morally questionable, economically efficient

There are tons of markets that don't exist because people just don't want to allow a market – for whatever reason, people feel icky about...

0:00--:--
Feb 2, 202426 min
Groundhog Day 2024: Trademark, bankruptcy, and the dollar that failed

It's Groundhog Day, and the eyes of the nation have turned to a small town in western Pennsylvania. And, just like last year, all anyone...

0:00--:--
Jan 31, 202415 min
The Chicken Tax (Classic)

Note: This episode originally ran in 2015.German families in the 60s loved tasty, cheap American-raised chicken that was suddenly coming in...

0:00--:--
Jan 29, 202410 min
Bonus: Janet Yellen on Wait Wait...Don't Tell Me!

Our friends at NPR's news quiz Wait Wait...Don't Tell Me! recently had a very Planet Money guest on their show: Treasury Secretary Janet...

0:00--:--
Jan 27, 202426 min
Rescues at sea, and how to make a fortune

At around 1 a.m. on the morning of November 15, 1994, Captain Prentice "Skip" Strong III woke to a distress call. Skip was the new captain...

0:00--:--
Jan 24, 202423 min
Hear us out: We ban left turns and other big ideas

On today's episode, we have three big economic ideas for your consideration – ideas that could potentially improve the economy and make us...

0:00--:--
Jan 20, 202431 min
Econ Battle Zone: Disinflation Confrontation

After very high inflation, the United States is finally feeling some relief in the form of "disinflation." But, why exactly has inflation...

0:00--:--
Jan 17, 202416 min
Mid-East conflict escalation, two indicators

On today's show, we look at two indicators of the economic disruptions of the war in Gaza and try to trace how far they will reach. We...

0:00--:--
Jan 13, 202424 min
The Maine Potato War of 1976

When you think of a potato, one state probably comes to mind: Idaho. But for much of American history, Maine was home to the nation's...

0:00--:--
Jan 10, 202424 min
The Universal Basic Income experiment in Kenya

There's this fundamental question in economics that has proven really hard to answer: What's a good way to help people out of poverty? The...

0:00--:--
Jan 5, 202426 min
The case of the serial sinking Spanish ships

Picture the Pacific Ocean of the 16th century. Spanish Galleons sail the wide open seas, carrying precious cargo like silver, porcelain,...

0:00--:--
Dec 29, 202325 min
The Rest of the Story, 2023

It's that time of year again! Our annual year-end tradition of checking in on the stories we've reported and the people we met along the...

0:00--:--
Dec 27, 202315 min
The Indicators of this year and next

Today on the show, hosts from Planet Money and The Indicator debate the economic indicators of this year and next year.First up, we try to...

0:00--:--
Dec 22, 202331 min
We buy a lot of Christmas trees (Update)

*Note: This episode originally ran in 2020*'Tis the season for Americans to head out in droves and bring home a freshly-cut Christmas tree....

0:00--:--
Dec 21, 202324 min
Dollarizing Argentina

Argentina has been on a decades-long search for economic stability, but it always seems to be out of reach. High inflation has been...

0:00--:--
Dec 19, 202315 min
How to be better at hybrid work, according to research

The research keeps coming in on remote work. New evidence suggests working from home, at least full-time, may not be as productive as we...

0:00--:--
Dec 16, 202326 min
What econ says in the shadows

Economics Job Market Rumors is a website that's half a job information Wiki, where people post about what's going on inside economics...

0:00--:--
Dec 14, 202326 min
Why '90s ads are unforgettable

Maybe she's born with it, maybe it's __________.The best part of waking up, is _______ in your cup!Got ____?If you can identify these...

0:00--:--
Dec 11, 202313 min
The U.S. economy's biggest superpower, explained

What if you could borrow money on the cheap and use it to pay for just about anything? The U.S. government can, and does, with U.S....

0:00--:--
Dec 8, 202326 min
Why do doctors still use pagers?

Remember pagers? They were huge in the 80s — these little devices that could receive short messages. Sir Mix-A-Lot even had a song about...

0:00--:--
Dec 6, 202319 min
Two food and drink indicators

Today on the show, we have two episodes from our daily podcast, The Indicator, about things we spend a lot of time thinking about this time...

0:00--:--
Dec 1, 202323 min
Why are we so bummed about the economy?

Would you say that you and your family are better off or worse off, financially, than you were a year ago? Do you think in 12 months we'll...

0:00--:--
Nov 29, 202323 min
So you want to sell marijuana across state lines

In the state of Oregon, there is a glut of grass. A wealth of weed. A crisis of chronic. And, jokes aside, it's a real problem for people...

0:00--:--
Nov 22, 202326 min
A very Planet Money Thanksgiving

Here at Planet Money, Thanksgiving is not just a time to feast on turkey, stuffing, mashed potatoes, green bean casseroles and pie(s). It's...

0:00--:--
Nov 18, 202326 min
Economic fact in literary fiction

Some of the most influential and beloved novels of the last few years have been about money, finance, and the global economy. Some overtly...

0:00--:--
Nov 15, 202320 min
China's real estate crisis, explained

China's economic growth for the past few decades has been extraordinary. And much of that growth was fueled by real estate – it was like...

0:00--:--
Nov 10, 202323 min
The alleged theft at the heart of ChatGPT

When best-selling thriller writer Douglas Preston began playing around with OpenAI's new chatbot, ChatGPT, he was, at first, impressed. But...

0:00--:--
Nov 8, 202328 min
Never have I ever

The world of economics has these two different sides. One one side, there are the economists in their cozy armchairs and dusty libraries,...

0:00--:--
Nov 3, 202330 min
FTC Chair Lina Khan on Antitrust in the age of Amazon

When Lina Khan was in law school back in 2017, she wrote a law review article called 'Amazon's Antitrust Paradox,' that went kinda viral in...

0:00--:--
Nov 1, 202340 min
Antitrust in America (classic)

Earlier this fall, the Federal Trade Commission filed a high-stakes lawsuit against Amazon.In that suit, the FTC claims Amazon is a...

0:00--:--
Oct 27, 202325 min
All you can eat economics

You might expect to find economic concepts in the pages of an economics textbook. But you know where you can really see a lot of economic...

0:00--:--
Oct 26, 202323 min
Cutting school... by 20%

Right now, a lot of school districts across the country are making a pretty giant change to the way public education usually works. Facing...

0:00--:--
Oct 20, 202327 min
How unions are stopped before they start

Union membership in the U.S. has been declining for decades. But, in 2022, support for unions among Americans was the highest it's been in...

0:00--:--
Oct 18, 202318 min
Indicator exploder: jobs and inflation

When someone says "the economy is doing well"—what does that even mean? Like, for workers, for employers, for the country as a whole?...

0:00--:--
Oct 13, 202327 min
Maria Bamford gets personal (about) finance

Note: There is swearing in this episode.In 2017, The University of Minnesota asked comedian Maria Bamford to give their commencement...

0:00--:--
Oct 11, 202319 min
Why the price of Coke didn't change for 70 years (classic)

Prices go up. Occasionally, prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late...

0:00--:--
Oct 6, 202323 min
A man, a plan, wind power, Uruguay

In 2007, Uruguay had a massive problem with no obvious fix. The economy of this country of 3.5 million people was growing, but there wasn't...

0:00--:--
Oct 4, 202328 min
The flight attendants of CHAOS

When contract negotiations between Alaska Airlines and their flight attendants' union broke down in 1993, the union had a choice to...

0:00--:--
Sep 29, 202326 min
A trucker hat mystery, the curse of September and other listener questions

Ba-dee-yah! Say do you remember? Ba-dee-yah! Questions in September!That's right - it's time for Listener Questions!Every so often, we like...

0:00--:--
Sep 27, 202323 min
The natural disaster economist

There seems to be headlines about floods, wildfires, or hurricanes every week. Scientists say this might be the new normal — that climate...

0:00--:--
Sep 23, 202323 min
A black market, a currency crisis, and a tango competition in Argentina

The Nobel-prize winning economist Simon Kuznets once analyzed the world's economies this way — he said there are four kinds of countries:...

0:00--:--
Sep 20, 202328 min
"Based on a true story"

When a group of amateur investors rallied around the stock for GameStop back in 2021, the story blew up the internet. News outlets around...

0:00--:--
Sep 16, 202326 min
How to launder $600 million on the internet

Erin Plante is a private detective who specializes in chasing down stolen cryptocurrency. In March of 2022, she got the biggest assignment...

0:00--:--
Sep 13, 202318 min
China's weakening economy in two Indicators

In China, data on the economy is sometimes difficult to come by. The Chinese government has put a pause on releasing some of its official...

0:00--:--
Sep 8, 202323 min
Is economists' favorite tool to crush inflation broken?

When economists and policymakers talk about getting inflation under control, there's an assumption they often make: bringing inflation down...

0:00--:--
Sep 6, 202328 min
The prince of prints and his prints of Prince

In 1981, photographer Lynn Goldsmith took a portrait of the musician Prince. It's a pretty standard headshot — it's in black-and-white, and...

0:00--:--
Sep 1, 202325 min
How to fight a patent pirate

Back in the 1990s, Dr. Raghunath Mashelkar was in his office in New Delhi when he came across a puzzling story in the newspaper. Some...

0:00--:--
Aug 30, 202331 min
Summer School 8: Graduation and the Guppy Tank

Congratulations to the Planet Money Summer School Class of 2023! Today, you become masters of business administration... spelled with...

0:00--:--
Aug 26, 202321 min
The secret entrance that sidesteps Hollywood picket lines

Across Hollywood right now, writers and actors are picketing in front of studio lots. They're walking back and forth, holding up signs...

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Aug 23, 202333 min
Summer School 7: Negotiating and the empathetic nibble

How do you get the best deal? How do you know you're getting the best deal? Whether you're talking down the price of a car or talking up...

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Aug 18, 202325 min
Vacation, and why the U.S. takes so little of it

Do you work more for more money? Or work less for more time? For some, this is the ultimate economic choice.Every single worker in the...

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Aug 16, 202332 min
Summer School 6: Operations and 25,000 roses

"It's difficult to control everything," says our guest professor for this week, Santiago Gallino. "What is not difficult is to plan for...

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Aug 11, 202327 min
The new Biden plan that could still erase your student loans

This summer, the Supreme Court struck down Biden's plan to forgive student loan debt for millions of borrowers. Except, on the same day...

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Aug 9, 202334 min
Summer School 5: Tech and the innovator's dilemma

For anyone running a business, technology is both threat and opportunity. Today, we run through techniques entrepreneurs can use to take...

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Aug 4, 202325 min
A tarot card reading for the U.S. economy

Predicting the future of the economy is always a dicey proposition. That is especially true after more than three years of pandemic-related...

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Aug 2, 202332 min
Summer School 4: Marketing and the Ultimate Hose Nozzle

In this session of Planet Money Summer School, we are getting the word out about your brand. How do you convince consumers to buy your...

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Jul 31, 202317 min
Tackle your medical debt with Life Kit

There's an estimated $195 billion of medical debt in America. But just because a medical bill comes in the mail doesn't mean you have to...

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Jul 28, 202325 min
Did two honesty researchers fabricate their data?

Dan Ariely and Francesca Gino are two of the biggest stars in behavioral science. Both have conducted blockbuster research into how to make...

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Jul 26, 202334 min
Summer School 3: Accounting and The Last Supper

Usually, the first class that an MBA student takes is accounting. That involves, yes, equations and counting widgets...but it's more than...

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Jul 21, 202323 min
Planet Money Paper Club

We here at Planet Money love economics papers. And that is also the case for so many of the economists we speak with. For them, new...

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Jul 19, 202331 min
Summer School 2: Competition and the cheaper sneaker

For episode 2 of Planet Money Summer School, we are talking strategy. You have your million dollar business idea, and maybe some money in...

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Jul 15, 202323 min
Surprise, you just signed a contract! How hidden contracts took over the internet

When you make an account online or install an app, you are probably entering into a legally enforceable contract. Even if you never signed...

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Jul 12, 202332 min
Summer School 1: Planet Money goes to business school

Find all episodes of Planet Money Summer School here.Planet Money Summer School is back! It's the free economics class you can take from...

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Jul 7, 202318 min
The quest to save macroeconomics from itself

When it comes to big questions about the economy, we're still kind of in the dark ages. Why do some economies grow so much faster than...

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Jul 5, 202319 min
Two Indicators: After Affirmative Action & why America overpays for subways

Two stories today.First, as we start to understand post-affirmative action America, we look to a natural experiment 25 years ago, when...

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Jun 30, 202328 min
Supply, demand, extinction

Back in the 90s, Ivan Lozano Ortega was in charge of Bogota's wildlife rescue center. And he kept getting calls from the airport to come...

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Jun 28, 202323 min
Planet Money Live: Two Truths and a Lie

The shocks of the pandemic economy gave us a bunch of enormous natural experiments, which helped to prove or disprove conventional economic...

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Jun 23, 202325 min
Mike The Mover vs. The Furniture Police

In 1978, a young man named Mike Shanks started a moving business in the north end of Seattle. It was just him and a truck — a pretty small...

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Jun 21, 202320 min
Twins (classic)

Twins are used to fielding all sorts of questions, like "Can you read each other's minds?" or "Can you feel each other's pain?" Two of our...

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Jun 16, 202326 min
The 60-day job race

People come from all over the world to work in U.S. tech. And during the tech boom years, the industry relied heavily on foreign workers....

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Jun 14, 202319 min
Two Indicators: The economics of innovation

Innovation is crucial for game-changing advancements in society, whether it's treatments for serious diseases, developments in AI...

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Jun 9, 202324 min
The town that changed economics

In the early 90s, when a young economist named Michael Kremer finished his PhD, there had been a few economic studies based on randomized...

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Jun 7, 202330 min
The Spider-Man Problem (update)

(Note: This episode originally ran back in 2022.)This past weekend, Spider-Man: Across the Spider-Verse had the second largest domestic...

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Jun 2, 202333 min
AI Podcast 3.0: Dial M for Mechanization

It's the thrilling conclusion to our three-part series on AI — the world premiere of the first episode of Planet Money written by AI. In...

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May 31, 202331 min
AI Podcast 2.0: The host in the machine

In Part 1 of this series, AI proved that it could use real research and real interviews to write an original script for an episode of...

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May 26, 202334 min
AI Podcast 1.0: Rise of the machines

We used to think some jobs were safe from automation. Though machines have transformed industries like agriculture and manufacturing, the...

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May 24, 202322 min
Green energy gridlock

Lyle Jack wants to build a wind farm on the Pine Ridge Reservation in South Dakota. But to make the project work, he has to connect that...

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May 19, 202320 min
Predictions: Jobs!

It's time for another installment of ... Planet Money Predictions! *air horn* Last year, we invited two economic forecasters to tell us...

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May 17, 202321 min
How AI could help rebuild the middle class

For the last four decades, technology has been mostly a force for greater inequality and a shrinking middle class. But new empirical...

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May 12, 202326 min
Inflation and the Profit-Price Spiral

Economists say that inflation is just too much money chasing too few goods.But something else can make inflation stick around.If you think...

0:00--:--
May 10, 202318 min
The Day of Two Noons (Classic)

(Note: this episode originally ran in 2019.)In the 1800s, catching your train on time was no easy feat. Every town had its own "local...

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May 6, 202328 min
How to fight a squatting goat

Back in 2005, Burt Banks inherited a plot of old family land in Delaware. But when it came time to sell it, he ran into a problem: his...

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May 3, 202319 min
Two Indicators: the influencer industry

When you were little, what did you want to be when you grew up? An astronaut, a doctor or maybe a famous athlete? Today one of the most...

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Apr 28, 202327 min
Financial advising while Black

After a successful career in advertising, Erika Williams decided it was time for a change. She went back to school to get an MBA at the...

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Apr 26, 202316 min
The zoo economy (classic)

Note: This episode originally aired in September, 2014.Zoos follow a fundamental principle: You can't sell or buy the animals. It's...

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Apr 21, 202326 min
The quest for the factory-built house

Imagine if we built cars the same way we build houses. First, a typical buyer would meet with the car designer, and tell them what kind of...

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Apr 19, 202324 min
Tax Code Switch

This past January, researchers uncovered that Black taxpayers are three to five times as likely to be audited as everyone else. One likely...

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Apr 15, 202325 min
The life and possible death of low interest rates

Right now, the economy is running hot. Inflation is high, and central banks are pushing up interest rates to fight it. But before the...

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Apr 12, 202318 min
Two innovation market indicators

Right now, the economy is all over the place. And when things get confusing, we look to basic economic indicators to help explain what's...

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Apr 8, 202326 min
Your banking questions, answered

It's been a month since the collapse of Silicon Valley Bank touched off the worst episode of banking turmoil since 2008. While the...

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Apr 5, 202323 min
The battle for Puerto Rico's beaches

Puerto Rico's beaches are an integral part of life on the island, and by law, they're one of the few places that are truly public. In...

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Apr 1, 202323 min
The safety net for banks

In the first half of March, three banks - Silicon Valley Bank, Signature Bank, and Silvergate - all had relatively classic bank runs and...

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Mar 30, 202318 min
A Great Recession bank takeover

Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown...

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Mar 25, 202323 min
The battle over Osage headrights

Richard J. Lonsinger is a member of the Ponca tribe of Oklahoma, who was adopted at a young age into a white family of three. He eventually...

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Mar 23, 202333 min
Inside a bank run

Sometimes you hear these stories about an airplane that suddenly nosedives. Everyone onboard thinks this is it, and then the plane levels...

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Mar 18, 202329 min
Planet Money Records Vol. 3: Making a hit

Since we started Planet Money Records and released the 47-year-old song "Inflation," the song has taken off. It recently hit 1 million...

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Mar 16, 202321 min
How Silicon Valley Bank failed

Silicon Valley Bank was the 16th largest bank in America, the bank of choice for tech startups and big-name venture capitalists. Then, in...

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Mar 11, 202326 min
Dude, where's my streaming TV show?

Over the past year, dozens of shows have been disappearing from streaming platforms like HBO Max and Showtime. Shows like Minx, Made for...

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Mar 9, 202322 min
The value of good teeth

As a kid, Ryanne Jones' friend accidentally hit her in the mouth with a hammer, knocking out her two front teeth. Her parents never had...

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Mar 3, 202318 min
Seinfeld-onomics

The 90s sit-com Seinfeld is often called "a show about nothing." Lauded for its observational humor, this quick-witted show focussed on...

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Mar 1, 202324 min
CBOhhhh, that's what they do

If you are a congressperson or a senator and you have an idea for a new piece of legislation, at some point someone will have to tell you...

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Feb 25, 202327 min
Meow Money Meow Problems

More than 20 years ago, something unusual happened in the small town of Dixfield, Maine. A lady named Barbara Thorpe had left almost all of...

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Feb 22, 202323 min
Hollywood's Black List (Classic)

This episode originally ran in 2020.In 2005, Franklin Leonard was a junior executive at Leonardo DiCaprio's production company. A big part...

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Feb 18, 202326 min
Jay & Shai's debt ceiling adventure

Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress...

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Feb 16, 202318 min
Two Indicators: Inside the Fed, then and now

A lot of the time, economic policy can seem pretty impersonal — cold, hard, data-driven. But at the heart of the Federal Reserve are...

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Feb 11, 202326 min
Our 2023 valentines

Every Valentine's Day, we at Planet Money consider the things that we love, the things that we can't stop talking about, the things that...

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Feb 8, 202324 min
The ice cream conspiracy

Take a look in any supermarket ice cream freezer section and you may see a mystery. There are big containers of the typical ice cream...

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Feb 3, 202323 min
Baby's first market failure

Anyone who has tried shopping for day care knows that it is tough out there.For one, it is hard even to get your hands on information about...

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Feb 1, 202324 min
Groundhog Day 2023

It's Groundhog Day, and once again, the eyes of the nation have turned to a small town in Western Pennsylvania. Every February 2nd, the...

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Jan 27, 202324 min
To all the econ papers I've loved before

A great economics paper does two things. It takes on a big question, and it finds a smart way to answer that question.But some papers go...

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Jan 26, 202322 min
The story of "Monopoly" and American capitalism

Monopoly is one of the best-selling board games in history. The game's staying power may in part be because of strong American lore — the...

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Jan 21, 202322 min
Charles Ponzi's scheme

Some of history's biggest financial scams owe their name to Charles Ponzi. Here's the story of the man behind the eponymous...

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Jan 18, 202324 min
Big Rigged (Classic)

Driving a truck used to mean freedom. Now it means a mountain of debt.Subscribe to Planet Money+ in Apple Podcasts or at...

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Jan 13, 202318 min
Two Indicators: The 2% inflation target

If the Fed had a mantra to go along with its mandate, it might well be "two percent." We look into how that became the target inflation...

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Jan 11, 202322 min
Planet Money Movie Club: It's a Wonderful Life

Welcome to the Planet Money Movie Club, a regular series from Planet Money+ in which we watch an economics-related movie and discuss! On...

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Jan 6, 202328 min
The economics lessons in kids' books

All sorts of lessons (even about economics) can be learned from kids' books. On today's show, we visit an elementary school to try to teach...

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Dec 31, 202224 min
The Rest of the Story, 2022

It's that time of year again! Our annual year-end tradition of checking in on previous stories to hear what happened after the microphones...

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Dec 28, 202210 min
Which economic indicator defined 2022?

2022 was a year of big economic changes. But what economic story most defined the year? Our hosts from Planet Money and The Indicator...

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Dec 24, 202221 min
In defense of gift giving

Cold economic reasoning says, supposedly, that gifts are inefficient transfers of wealth. But Planet Money host Jeff Guo believes in the...

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Dec 21, 202221 min
Two Indicators: The fight over ESG investing

"ESG" investing – Environmental, Social, Governance – has attracted a lot of attention from investors, and from Republican politicians who...

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Dec 16, 202228 min
The sports ticket price enigma

Inflation is making prices go up, except not for...sports tickets? So, we set out on a daylong sporting event marathon to learn...

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Dec 14, 202226 min
Spam call bounty hunter

Telemarketing calls are not only annoying; in some cases, they are illegal. Congress even gives you the right to sue scofflaw telemarketers...

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Dec 9, 202227 min
The case of the missing cheese racks

Jelle Peterse's company ships cheese all over the world, but they don't always get their cheese racks back. In this episode, we try to fix...

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Dec 7, 202217 min
When women stopped coding (Classic)

A lot of computing pioneers were women. For decades, the number of women in computer science was growing. But in 1984, something...

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Dec 3, 202226 min
My Favorite Tax Loophole

There's a big difference between tax avoidance and tax evasion. But sometimes even avoiding taxes (legally) can feel like you're getting...

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Dec 1, 202227 min
Messi economics

Soccer star Lionel Messi is currently hoping to lead Argentina to victory in the World Cup. His path to global fame was shaped by a crisis...

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Nov 23, 202232 min
One economist's take on popular advice for saving, borrowing, and spending

This episode was first released as a bonus episode for Planet Money+ listeners last month. We're sharing it today for all listeners. To...

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Nov 19, 202226 min
How the cookie became a monster

30 years ago, Lou Montulli set out to solve a fundamental problem with the internet, and accidentally created an entirely different one. On...

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Nov 17, 202223 min
Sam Bankman-Fried and the fall of a crypto empire

Sam Bankman-Fried built a reputation as the one reliable crypto bro. But within the span of days, his empire came crashing down. What the...

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Nov 11, 202225 min
The E-Book Wars

In 2019, a group of librarians (quietly) stormed the offices of a major publisher, Macmillan, to protest a controversial policy on e-books....

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Nov 9, 202217 min
Peak Sand (classic)

Sand. It's in buildings, windows, your cell phone. But there isn't enough in the world for everyone. And that's created a dangerous black...

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Nov 4, 202228 min
Planet Money tries election polling

Polling is facing an existential crisis. Few people are answering the phone, and fewer people want to answer surveys. On today's show, we...

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Nov 2, 202219 min
Two Indicators shaking China's economy

Xi Jinping recently secured his third term as China's president – so we're looking at two shocks to the world's second-largest economy....

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