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Planet Money

Latest episodes

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31 snips
Aug 21, 2024 • 35min

Summer School 7: The Great Depression, the New Deal and how it changed our economy

Explore the dramatic transformation in government-business relationships during the Great Depression. Discover how the 1929 stock market crash led to staggering unemployment and bank failures. Delve into FDR's fireside chats and the decision to abandon the gold standard, which altered monetary policy forever. Hear about the power dynamics within labor as workers organized for rights amidst economic turmoil. The discussion highlights pivotal moments in labor history that reshaped the workforce and union landscape in America.
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20 snips
Aug 16, 2024 • 21min

The hidden world behind your new "banking" app

Uncover the truth behind trendy online banking apps that promise easy access and no fees. Explore the rise of fintech companies skirting regulations and the risks they pose to your money. Hear the real-life stories of individuals facing chaos with their funds and the challenges in navigating modern banking systems. From gamified savings to deep dives into consumer trust, this discussion reveals the complexities of banking in a digital age.
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52 snips
Aug 14, 2024 • 36min

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

Explore the fascinating economic transformations of China and Taiwan in the latter half of the 20th century. Discover how individual incentives and free-market principles sparked remarkable growth in these nations. Unearth the story of Chinese farmers who rebelled against collective farming to embrace self-reliance. Delve into Taiwan's semiconductor renaissance and strategic investments in tech R&D, shaping its global presence. Learn the key factors behind East Asia's rapid success, emphasizing urgency, competitive accountability, and innovative strategies.
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13 snips
Aug 9, 2024 • 26min

Will the Olympics break breakdancing?

Storm and Renegade, legendary b-boys, discuss the complexities of judging breaking as it enters the Olympics. They explore the unique essence of breaking, which blends artistry with competition, while battling the challenge of creating a fair scoring system. Their journey includes engaging with Olympic officials and wrestling with whether art and sport can truly coexist. With insights from years in the breaking community, they reflect on maintaining the soul of the dance amidst evolving standards, highlighting the cultural significance of this vibrant art form.
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44 snips
Aug 7, 2024 • 37min

Summer School 5: 250 years of trade history in three chapters

Explore 250 years of trade history, examining its impact on economic growth and the evolution of policies. Discover how Adam Smith challenged the obsession with gold, emphasizing living standards instead. Delve into the changing tides of American trade debates, from proponents of free trade to modern protectionism. The discussion highlights key figures and events, including Cordell Hull and the WTO protests, showcasing the complex relationships between trade, politics, and society. Join a journey through the nuances of globalization and economic theory!
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17 snips
Aug 2, 2024 • 26min

What to do when you're in a class action

Ever received a cryptic email about a class action settlement? You’re not alone! The discussion dives into how these lawsuits work and why the notifications can be so confusing. Participants share personal stories of missed opportunities and small payouts. There’s valuable advice on verifying the legitimacy of those notices and navigating the process. Plus, experts weigh in on the rise of class actions and consumer rights, blending humor with practical guidance in the legal maze. Don't overlook that next notification—you might be due for some cash!
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65 snips
Jul 31, 2024 • 37min

Summer School 4: Banker vs president and the birth of the dollar

Dive into the tumultuous financial history of early America, where the founders grappled with creating a unified economy. Explore the epic clash between President Andrew Jackson and banker Nicholas Biddle over centralized banking, leading to severe economic turmoil. Discover the chaotic pre-dollar era filled with thousands of currencies, and witness how the Civil War paved the way for a standardized monetary system. Unravel the cycle of financial panics and the crucial lessons from the Panic of 1837, highlighting trust's pivotal role in banking stability.
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71 snips
Jul 26, 2024 • 34min

Summer School 3: The first stock and perpetual life

Dive into the birth of modern finance in the Netherlands around 1600! Discover how family-run businesses evolved into corporations selling shares. Explore the life of Isaac Lemaire, the first notable shareholder, whose risky ventures set the stage for stock markets. Learn about the origins of perpetual bonds and the crucial role trust plays in economic systems. Finally, uncover the paradox of stock market freedom versus instability, shaping investment strategies for centuries to come.
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34 snips
Jul 24, 2024 • 18min

What Kamala Harris' economic agenda might look like

Democratic nominee Kamala Harris' economic agenda is explored through her past actions, including her tax plans, support for renters, and challenges to big banks while Attorney General. The podcast delves into her stance on trade deals and commitment to supporting unions and the middle class.
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28 snips
Jul 20, 2024 • 22min

The color monopoly

Artist Stuart Semple recounts how all his designs turned black overnight due to Pantone's monopoly on colors. The episode explores Pantone's history and control over the color industry, with insights into their revenue generation and impact on design. It also discusses the power of Pantone's color standard and the challenges faced by competitors, including a recent incident where Adobe lost digital palette rights.

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