The chapter covers a wide range of topics, from the dominance of bananas in the US market to a Japanese company shifting focus to adult diapers due to demographic changes. It also discusses controversial drug pricing, Daniel Kahneman's contributions to behavioral economics, cognitive biases, and quirks in decision-making. Additionally, the chapter delves into the start of the MLB season with new food offerings, updates on league initiatives, and teams to watch, wrapping up with a light-hearted prediction for the season and a call for feedback.
Episode 289: Neal and Toby chat about the new Robinhood Gold Card, its rewards credit card that looks to compete with Apple and Chase. Then, Sean “Diddy” Combs has faced a flurry of legal problems that’s led to the downfall of his once powerhouse business empire. Next, NCAA president Charlie Baker has some strong opinions on prop bets in college sports…he doesn’t want them. Also, Neal’s numbers from Trader Joe’s, adult diapers, and Ozempic. Meanwhile, the esteemed Daniel Kahneman passes away at 90. The guys recap what he meant to the world of economics. Finally, MLB opening day has stadiums buzzing…and he has nothing to do with what’s on the diamond.
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00:00 - Intro
2:50 - Robinhood’s new credit card
6:45 - Diddy’s legal troubles
10:20 - Prop bet ban?
14:00 - Neals numbers
18:45 - RIP Daniel Kahneman
22:45 - MLB Opening day food
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