Author Archive

Chips, Cars, and the Baby Bust   Leave a comment

Link: https://www.npr.org/2021/03/12/976569019/chips-cars-and-the-baby-bust

In 2020, everyone, no matter their involvement with economics, knew what a shortage was. Toilet paper was gone from the shelves before it was even able to be stocked in stores. In 2021, there are some new shortages the U.S. is facing: microchips, cars, and babies. The Indicator discusses the causes of the limited supply of microchips which in turn is limiting car production, as well as the declining birth rate that the U.S. will face as a result of the pandemic.

Original Air Date: March 12, 2021

Length: 9 minutes 33 seconds

Goldman Sachs to Invest $10 billion into Black Women   Leave a comment

Link: https://www.marketplace.org/shows/marketplace/goldman-sachs-to-invest-10-billion-in-black-women/

The COVID-19 pandemic has disproportionately affected black women, not only in growing unemployment rates but also in increased death rates. Goldman Sachs has committed to $10 billion going toward expanding economic opportunities for black women, having found that a black woman’s wealth is 90% lower than a white man’s, in addition to the struggles the pandemic has presented for the black community. This episode of Marketplace also discusses how restaurants will benefit from the relief package and why grocery stores are making investments into robots.

Original Air Date: March 12, 2021

Length: 28 minutes 34 seconds

Myths And Realities Of America’s Rural Economy   Leave a comment

Link: https://www.npr.org/2021/03/22/980064728/myths-and-realities-of-americas-rural-economy

This week the Indicator talks with Economist Gbenga Ajilore, a senior advisor at the Department of Agriculture about the incorrect assumptions associated with life in rural America. He has studied these rural demographics and now advises policymakers away from these misguided ideas. They discuss the common misconceptions about these rural areas of the US relating to population, jobs, and migration. Some highlights Ajilore shares include: farming is not the only way of life, white people are not the only ones that live in rural areas, and that rural areas are not actually dying out.

Discussion Prompt: What are some other myths about rural areas that have an economic influence?

Original Date: March 22, 2021

Length: 9 minutes 39 seconds

How can successful women help their successors through the glass ceiling?   Leave a comment

Link: https://www.economist.com/podcasts/2021/03/18/how-can-successful-women-help-their-successors-through-the-glass-ceiling

With the passing of one year mark for the COVID-19 pandemic, we are seeing record numbers of women leaving the workforce. Looking toward the future, women in senior positions want to make sure that the advancements that women have made in the workforce do not regress. Anne McElvoy, of the Economist talks with Joanna Coles, CEO of Northern Star Investments and former chief content officer of Hearst magazines, and Melora Hardin star of “The Bold Type” and “The Office” about how executive women are portrayed in media. They also discuss how limited work-life balance and discrimination that women face affect their day to day lives. The discussion encompasses many issues that women have continued to endure, which is very important as we continue to move through International Women’s Month.

Original Air Date: March 18, 2021

Length: 30 minutes 38 seconds

Empty Houses, Reclaimed   Leave a comment

Link: https://www.npr.org/2021/02/26/971873769/empty-houses-reclaimed

Housing insecurity is a major issue that is facing our nation especially in a pandemic with millions out of jobs. As a result of this people have began taking their living situation into their own hands. A group in California who call themselves the “Reclaimers” decided to break into and reclaim vacant houses owned by the state. State officials decided to not evict any of these new tenets but instead leased the properties out to the housing authority, which allowed for the homes to be part of a transitional housing program. Sasha Atkins, one of the “Reclaimers”, discusses how housing insecurity could be lessened greatly if more states employed programs like the one put forth in California.

Original Air Date: March 1, 2021

Length: 9 minutes and 49 seconds

Seeking Refuge On The Open Road   Leave a comment

Link: https://www.npr.org/2021/02/23/970726684/seeking-refuge-on-the-open-road

Have you ever thought about throwing all your belongings in a car and living on the open road? Bob Wells, a van nomad discusses how he turned his life on the road from a last hope into a chance to create hope and opportunity for others by documenting his nomadic life on YouTube. This episode discusses how the break from the societal “rat race” can end up being a much better economic choice for many.

Original Air Date: February 23, 2021

Length: 9 minutes 59 seconds

An Uneven Vaccine Rollout Means an Uneven Economic Recovery   Leave a comment

Link: https://www.marketplace.org/shows/marketplace/an-uneven-vaccine-rollout-means-an-uneven-economic-recovery/

As vaccines begin to roll out there will be disparities between cities, states, and countries due to the fact that there are not enough vaccines to give out at once. The time differences between areas will have lasting effects on how economic growth takes place. This episode of Marketplace also discusses other issues facing the U.S. such as the number of women in the workforce and the terrible effects of gun-violence on children.

Original Air Date: April 5, 2021

Length: 27 minutes 29 seconds

The Virtual Office   Leave a comment

Link: https://www.npr.org/2021/03/31/983097569/the-virtual-office

Virtual reality (VR) might be the future of meetings in the office. With COVID-19 keeping people at home in online meeting spaces such as Zoom, VR is now being used by many businesses to join up for meetings. There is even more interest and investment happening in the field of VR making it currently worth around $16 billion and is expected to double within the next 5 years. The Indicator team discusses their experience with the virtual reality world and its growing market.

Original Air Date: March 31, 2021

Length: 9 minutes 59 seconds

Women in Economics: Carmen Reinhart   Leave a comment

Link: https://www.stlouisfed.org/timely-topics/women-in-economics/carmen-reinhart

Carmen Reinhart, a professor of the International Financial Systems at Harvard Kennedy School discusses her life and economic experiences with Maria Hasenstab, senior media relations specialist at the St. Louis Fed. They cover a variety of topics from Reinhart’s childhood move from Cuba to the U.S., the male-dominated field of economics and how that impacts women, and how she analyzes economics almost like a detective would. As we continue through International Women’s Month, she leaves a motto for any women in the economic field: perseverance and consistency.

Original Air Date: July 17, 2019

Length: 17 minutes and 31 seconds

The Power of Humor   Leave a comment

Link: https://www.npr.org/2021/02/08/965572857/the-power-of-humor

The Indicator discusses the value of humor in life. They invite Jennifer Aaker and Naomi Bagdonas, Stanford Business School faculty, to discuss their book new Humor, Seriously which highlights the importance of humor within the workplace. They consider all of the utility gained through the incorporation of humor into work such as increased productivity and satisfaction, as well as tips on how to add in humor to your workday.

Original Air Date: February 8, 2021

Length: 8 minutes 46 seconds