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Episodes
September 12, 2025 • 25 mins
Last month, President Donald Trump announced an unusual deal. Intel, the biggest microchip maker in America, had agreed to give the United States a 10 percent stake in its business. That means the U.S. government is now Intel's largest shareholder — and a major American company is now a partially state-owned enterprise.
This deal has raised a lot of eyebrows. The U.S. government almost never gets tangled up with businesse...
This deal has raised a lot of eyebrows. The U.S. government almost never gets tangled up with businesse...
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September 10, 2025 • 28 mins
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 this. Saying things like, “Maybe my yoga teacher side gig is actually my safest bet now,” and “My parents were in real estate, and I never thought I’d say it ... but maybe that’s what I should do?”
If only there were a list that could tell you which jobs are safe from AI. We go...
Dozens of you, our listeners, have written to us about this. Saying things like, “Maybe my yoga teacher side gig is actually my safest bet now,” and “My parents were in real estate, and I never thought I’d say it ... but maybe that’s what I should do?”
If only there were a list that could tell you which jobs are safe from AI. We go...
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September 5, 2025 • 25 mins
President Donald Trump has been pressuring the Federal Reserve from a few angles. So we wanted to look at other examples of political pressure on central banks, to see what it might mean for us and for the economy.
Enter the watchers. The people who’ve had their eyes trained on central banks all over the world, for years, notebooks out, scribbling down their observations. They’ve been trying to gauge just how independent ...
Enter the watchers. The people who’ve had their eyes trained on central banks all over the world, for years, notebooks out, scribbling down their observations. They’ve been trying to gauge just how independent ...
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September 3, 2025 • 20 mins
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 million dollars or more. So, why is someone using this valuable internet real estate to post their resume and favorite recipes?
Back in the internet’s early days, it was easy to get a domain name. They were cheap or even free. The first people to grab them may now be holding onto asset...
Back in the internet’s early days, it was easy to get a domain name. They were cheap or even free. The first people to grab them may now be holding onto asset...
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August 29, 2025 • 22 mins
The Federal Reserve has been under intense pressure from President Donald Trump as he pushes for more control over the historically independent agency. The Fed is tasked with keeping inflation and unemployment under control, and it’s supposed to be insulated from politics so it can do whatever is necessary for the economy. But Trump has been openly saying he wants interest rates to be lower. A lot lower.
And on Monday, Tru...
And on Monday, Tru...
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August 27, 2025 • 30 mins
Get your own personalized summer school diploma here.
Today on our final episode of Summer School 2025, we will test your knowledge. We will salute the unsung heroes of government service. And we will pick our valedictorian from among you of the class of 2025.
Editorial Note:
President Trump attempted to fire Lisa Cook, a Biden appointee to the Federal Reserve Board. Our daily podcast, The Indicator, has...
Today on our final episode of Summer School 2025, we will test your knowledge. We will salute the unsung heroes of government service. And we will pick our valedictorian from among you of the class of 2025.
Editorial Note:
President Trump attempted to fire Lisa Cook, a Biden appointee to the Federal Reserve Board. Our daily podcast, The Indicator, has...
Mark as Played
August 22, 2025 • 32 mins
In the past couple years, demand has gone wild for drugs like Ozempic – and its cousins, Zepbound, Wegovy, and Mounjaro. For people who had never been able to lose weight before, suddenly the numbers on the scale were plummeting. And everybody wanted to get their hands on them.
Now, in most industries, if a product goes viral like this, it’s a golden ticket. And thanks to government-granted monopolies designed to encourag...
Now, in most industries, if a product goes viral like this, it’s a golden ticket. And thanks to government-granted monopolies designed to encourag...
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August 20, 2025 • 39 mins
Tariffs are the favorite tool of our current president, but there are lots of other ways that governments insert themselves into the free exchange of goods and services. Some of these trade barriers are so insidious and have been going on for so long that it may surprise you that they even exist.
We bring you the classic story of what happens when you try to protect an American industry and end up hurting another American...
We bring you the classic story of what happens when you try to protect an American industry and end up hurting another American...
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August 15, 2025 • 31 mins
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 grocery shopping. All over TikTok, tons of people have posted videos of how little they got for… $20. $40. $100. Most upsetting to us: an $8 box of Cinnamon Toast Crunch.
Food prices are almost 30% higher than they were five years ago. It’s bad. And those new, higher prices aren’t going away....
Food prices are almost 30% higher than they were five years ago. It’s bad. And those new, higher prices aren’t going away....
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August 13, 2025 • 36 mins
In economics, a market is a place (even virtual) where buyers and sellers meet to exchange goods or services. Economists love markets. It's like all of our supply and demand graphs have come to life. Almost everything you buy goes through some sort of marketplace—your cup of coffee came from trading in the bean markets. Your spouse might have come from the dating marketplace on the apps. Even kids will tell you one Snickers is wort...
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August 8, 2025 • 34 mins
After President Trump fired the head of the Bureau of Labor Statistics, economists and statisticians across the board were horrified. Because the firing raises the spectre of potential manipulation – and it raises the worry that, in the future, the numbers won't be as trustworthy.
So: we looked at two countries that have some experience with data manipulation. To ask what happens when governments get tempted to cook the bo...
So: we looked at two countries that have some experience with data manipulation. To ask what happens when governments get tempted to cook the bo...
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August 6, 2025 • 36 mins
LIVE SHOW: August 18th in Brooklyn. Tickets here.
Traditional economics says the market is guided by the forces of supply and demand. Customers decide what they want to buy, and private enterprise responds to that need.
So what makes government think that it's smarter than capitalism? Why offer tax breaks to Hollywood or incentives to build silicon chip factories in Arizona? Why those industries and not others? ...
Traditional economics says the market is guided by the forces of supply and demand. Customers decide what they want to buy, and private enterprise responds to that need.
So what makes government think that it's smarter than capitalism? Why offer tax breaks to Hollywood or incentives to build silicon chip factories in Arizona? Why those industries and not others? ...
Mark as Played
August 1, 2025 • 32 mins
Trust in experts is down. In all kinds of institutions and professions - in government, in media, in medical science... and lately, economists are feeling the burn acutely. In fact, President Trump just fired the economist who ran the Bureau of Labor Statistics, accusing her – with no evidence – of faking a jobs report that showed fewer gains than expected.
In decades past, economists whispered in the ears of presidents. N...
In decades past, economists whispered in the ears of presidents. N...
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July 30, 2025 • 35 mins
LIVE SHOW: August 18th in Brooklyn. Tickets here.
There are occasional incentives in business that make it very profitable to do bad things; maybe cheat at the game and steal other people's ideas, or cut some corners on safety. In theory, the government as referee steps in to make the rules and enforce them, and manage competition in a way that hopefully makes things better for us all.
But you have to ask... Whe...
There are occasional incentives in business that make it very profitable to do bad things; maybe cheat at the game and steal other people's ideas, or cut some corners on safety. In theory, the government as referee steps in to make the rules and enforce them, and manage competition in a way that hopefully makes things better for us all.
But you have to ask... Whe...
Mark as Played
July 25, 2025 • 28 mins
LIVE SHOW ALERT: August 18th, NYC. Get your tickets here.
When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election.
And right away, politicians from both sides of the aisle came out forcefully against the deal, saying the company should remain American. Before leaving office, President Biden even blocked the sale.
When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election.
And right away, politicians from both sides of the aisle came out forcefully against the deal, saying the company should remain American. Before leaving office, President Biden even blocked the sale.
Mark as Played
July 23, 2025 • 36 mins
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 question in this week's lesson is: How do we decide? Why does the government spend so much money on some things and not on others? And honestly, is there any limit?Get tickets to our August 18th live show and graduation ceremony at The Bell House, in Brooklyn. (Planet Money+ supporters get a 10...
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July 18, 2025 • 22 mins
It seems like politicians cannot agree on a lot. But many seem to agree on... manufacturing. Leaders of both political parties have been working to try and make the U.S. a manufacturing powerhouse again.
On today's show, what is so special about manufacturing? Is it particularly important for the economy? And if manufacturing jobs are so great, then why have companies been struggling to fill the manufacturing jobs we alrea...
On today's show, what is so special about manufacturing? Is it particularly important for the economy? And if manufacturing jobs are so great, then why have companies been struggling to fill the manufacturing jobs we alrea...
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July 18, 2025 • 2 mins
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July 16, 2025 • 37 mins
We all know the government uses taxes to pay for things. But what about using taxes to control behavior? This week on Summer School, Professor Darrick Hamilton of The New School, helps us explore the true power of the tax code. Can taxes help lift people out of poverty? What about saving the planet?
Get tickets to our August 18th live show and graduation ceremony at The Bell House, in Brooklyn. (Planet Money+ supporters ge...
Get tickets to our August 18th live show and graduation ceremony at The Bell House, in Brooklyn. (Planet Money+ supporters ge...
Mark as Played
July 11, 2025 • 30 mins
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 have a domestic manufacturing industry, including a garment manufacturing industry.
In today's episode: We buy a garment made by factory workers in the U.S. – a basic purple sports bra – and learn how many people it took to make it, how much workers got paid to work on it ... a...
The U.S. does have a domestic manufacturing industry, including a garment manufacturing industry.
In today's episode: We buy a garment made by factory workers in the U.S. – a basic purple sports bra – and learn how many people it took to make it, how much workers got paid to work on it ... a...
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