Summer School graduates take the stage to show us how we can all see our everyday world through the beautiful lens of economics. | Take the final exam and get your diploma here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In this podcast, the hosts discuss the concept of risk and disaster. They explore risk-taking, professional gamblers, and their approach to assessing probabilities. They also delve into the role of insurance in mitigating financial risk, the evolution of insurance policies, and the exclusions and limitations of insurance. Additionally, they cover the reasons why people buy insurance and how it helps to mitigate the negative effects of risk. The chapter also explores the concept of insurance as a risk management tool and discusses moral hazard and adverse selection.

A black ad executive revolutionizes the advertising industry through his groundbreaking approach. The podcast explores the career journey of Tom Burrell, racial dynamics in advertising, targeting in marketing, and advertising to African Americans.

Explore the surprisingly entertaining history of income tax and its purpose. Learn how income tax became a part of the American system through a fascinating story involving wars, a Supreme Court justice, and a famous duck. Discover the historical background of income tax in the United States and the economic implications throughout history. Understand the role of taxes in changing behavior and the importance of a simple tax code. Explore the relationship between tax payment, trust in the government, and the concept of over withholding taxes.

The economics of free trade and what happens when governments get involved. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Class 4 brings us an economic conundrum: how do you efficiently share a scarce resource? | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In our third class, we take all that we've learned about decisions and markets and bring it to a former drug kingpin. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In our second class, we meet our old friends supply and demand and do graphs using only the power of the human voice. Then, we show you how markets can be created anywhere by telling the story of a food bank that had too many pickles and not enough pancake syrup. It's economics to the rescue. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

First lesson: Economics is not about money. It's a lens of great power and beauty. In this episode, we meet our teachers and learn the first four fundamental concepts of economic thinking, and watch them applied to things like dating and hailing a cab. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Introducing an economics education for your ears! We're calling it Planet Money Summer School. It's all the economics you meant to learn, but didn't get around to. Each Wednesday, we'll serve up a Planet Money story, or selection of excerpts, paired with insights from our economists-in-residence for the summer. Get an understanding of the basic concepts of economics going to the beach. You can pick up your economics knowledge while you bike, stroll the sand or just lay in the grass. Amuse your friends. Win arguments. Throw the words "diminishing marginal utility" into every discussion. Wednesdays in the PM feed this summer. (Fridays will be our usual coverage of the economy).Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy