Welcome to audioecon!   1 comment

This site is a curated library of economics-themed podcasts, primarily from Planet Money, but also from Freakonomics, EconTalk, This American Life and others. The site is designed for economics instructors with searchable categories created with the instructor in mind, as well as  suggestions for podcast-related assignments they might incorporate into course instruction.  Audioecon will also be of interest to anyone who enjoys  learning more about economics. Audioecon and related assignments is featured in the Journal of Economics Education article Podcasts as a Tool for Teaching Economics  Vol.45, Iss.3, 2014.

I hope you find this site useful and interesting, and welcome your feedback!

I wish you smart listening!

Posted June 27, 2012 by audioecon in Utility

We Shouldn’t Stick Our Heads In The Sand, But We Do It Anyway   Leave a comment

ostrich effectLink: http://www.npr.org/2017/09/18/551901221/we-shouldn-t-stick-our-heads-in-the-sand-but-we-do-it-anyway

Summary: We all have experienced information aversion when it comes to information that provokes psychological pain. When the stock market crashes, do you continue to frequently check your portfolio, or ignore it completely since you anticipate future losses? If you chose to put your portfolio to the side, this exemplifies “the ostrich effect”. This term comes from not birds, but investors. Hidden Brain discusses how information aversion is associated with people avoiding information that is unpleasant. While we know that ignorance can be bliss, knowledge is power.

Original Air Date: September 18, 2017

Length: 26 minutes 41 seconds

 

 

How the Minimum Wage Affects Restaurant Hygiene   Leave a comment

min wage image

Link: http://www.npr.org/2017/09/13/550607377/how-the-minimum-wage-affects-restaurant-hygiene

Summary: Cities across the U.S. have been making efforts to increase the minimum wage, which would impact restaurant workers. However, this move results to unexpected side effects due to the higher costs that restaurants will have to face, leading them to cut back on some services. This story discusses how the effects on increasing the minimum wage ties with the hygiene of restaurants and suggests potential steps that the restaurants can take to minimize their health violations.

Original Air Date: September 13, 2017

Length: 3 minutes 35 seconds

Fed’s Departing Vice Chair On Stocks, The Federal Debt And Transparency   Leave a comment

Link: http://www.npr.org/2017/10/11/556973877/fed-s-departing-vice-chair-on-stocks-the-federal-debt-and-transparency

Summary: In this podcast, economics meets finance. We learn how Stanley Fischer, the departing vice chair of the Fed, connects interest rates to the stock market, how he views the level of transparency of the Fed, and we learn his input on how the country’s economy has been functioning as a whole.

Original Air Date: October 11, 2017

Length: 5 minutes 28 seconds

Why can’t small businesses find qualified employees?   Leave a comment

Link: http://www.marketplace.org/2016/04/04/business/why-can-t-small-businesses-find-qualified-employees

Summary: Small businesses are struggling to find qualified workers to fill vacant positions, especially in the manufacturing sector. The vacancies in these positions are forcing businesses to consider new hiring approaches that come at a high price for owners.

Original Air Date: April 8, 2016

Length: Article

How The Internet Got Ruined   Leave a comment

Chaos Computer Club Annual CongressLink: https://www.marketplace.org/shows/marketplace-tech/041917-mtech

Summary: “Move Fast and Break Things” is a newly released book about the monopolistic market structure of the internet.  Marketplace interviews Jonathan Taplin, the author of the book, who is the tour manager for Bob Dylan.  They discuss how the monopoly structure set up by the technology companies has ruined the communal nature of the internet. Also discussed is one silicon valley entrepreneur who left San Francisco for Minneapolis.

Original Air Date: April 19, 2017

Length: 7 minutes 35 seconds

Budget Time   Leave a comment

budget timeLink: http://www.npr.org/sections/money/2017/07/07/535987825/episode-782-budget-time 

Summary: The Planet Money team uses a ten minute block of time to demonstrate the allocation of the U.S. federal budget. Each program gets the same percent of ten minutes as the percentage it makes up of the total budget.

Original Air Date:July 7, 2017

Length: 15:49

As cigarette sales shrink, so do tobacco settlement payouts to states   Leave a comment

Link: http://www.marketplace.org/2016/04/14/life/fewer-smokers-means-looming-defaults-state-bonds

Summary: In 2016 states collected over $25 billion from tobacco settlements. Marketplace looks at the  criticisms of how that money is  allocated and what states will do when that money runs out.

Original Air Date: April 15, 2016

Length: 6 minutes 59 seconds