Author Archive

Price Controls, Black Markets, And Skimpflation: The WWII Battle Against Inflation   Leave a comment

Link: https://www.npr.org/sections/money/2022/02/08/1078035048/price-controls-black-markets-and-skimpflation-the-wwii-battle-against-inflation

During World War II, when inflation was very high, the United States government took many different actions to fight it including implementing an income tax, rationing, and price ceilings. Today we have the Federal Reserve which means we will hopefully not have to resort to these drastic measures to fix inflation ever again.

Original Air Date: February 8, 2022

Length: 23 Minutes 24 Seconds

How Do You Cure a Compassion Crisis?   Leave a comment

Link: https://freakonomics.com/podcast/compassion-rebroadcast/

Doctors Trzeciak and Mazzarelli talk about the compassion crisis in our healthcare system. In their book titled Compassionomics: The Revolutionary Scientific Evidence that Caring Makes A Difference, the doctors explain when healthcare workers show a little compassion it can decrease costs, improve medical outcomes, and even help with physician burnout.

Original Air Date: November 24, 2021

Length: 54 Minutes 28 Seconds

Risk & Disaster   Leave a comment

Economists Justin Wolfers and Betsey Stevenson discuss insurance and risk and how it is related to economics.

Original Air Date: August 26, 2020

Length: 27 Minutes 27 Seconds

Posted January 11, 2022 by fiorinio in macroeconomics, Planet Money

Tagged with , , , ,

Bitcoin Losers (Classic)   Leave a comment

Link: https://www.npr.org/2020/12/30/951460511/bitcoin-losers-classic

The people who lose their passkey to bitcoin have no way of accessing their possible fortune. Find out what this means for all the lost or untouched bitcoin.

Original Air Date: January 1, 2021

Length: 23 Minutes 29 Seconds

Posted January 4, 2022 by fiorinio in Currency, Finance, Planet Money

Tagged with

Bonds & Becky With The Good Yield   Leave a comment

Link: https://www.npr.org/2021/08/12/1027086991/planet-money-summer-school-4-bonds-becky-with-the-good-yield

Cornell Professor Vicki Bogan describes what a bond is, how it is different from a stock, and how they help companies grow. Also, learn what happens when you purchase a junk bond.

Discussion Prompt: From your listening (and additional research if you wish), briefly explain the difference between stocks and bonds. What do you think are the pros and cons of investing more in stocks or more in bonds, or a portfolio of both?

Original Air Date: August 18, 2021

Length: 33 Minutes 34 Seconds

Posted December 28, 2021 by fiorinio in Finance, Planet Money

Tagged with , ,

Why Do So Many Donated Kidneys End Up in the Trash?   Leave a comment

Link: https://freakonomics.com/podcast/fmd-kidney-transplants/

With 90,000 people on the kidney transplant waiting list in the United States, it is shocking to learn thousands of these available organs are thrown away each year. Doctor Sumit Mohan and economist Alvin Roth discuss policy and incentive issues that lead to wasted kidneys.  

Original Air Date: November 11, 2021

Length: 27 Minutes 3 Seconds

Bubbles, Bikes, and Biases   Leave a comment

Link: https://www.npr.org/2021/08/23/1030276615/planet-money-summer-school-5-bubbles-bikes-biases

Learn from Planet Money’s Summer School what causes financial bubbles with examples such as the dotcom bubble and the Great British bicycle bubble. Also, hear about how behavioral biases, greater fools theory, and herd behavior make bubbles much worse.

Original Air Date: August 25, 2021

Length: 29 Minutes 57 Seconds

Deterring Crime With DNA Databases   Leave a comment

Link: https://www.aeaweb.org/research/dna-databases-deterrence-detection-doleac

Professor Jennifer Doleac discusses how registering offenders in a DNA database make them much less likely to be convicted of another crime in coming years. Doleac also speaks to the importance of economists when studying crime and how policy makers should consider the tradeoff between privacy and effective policing measures.

Citation: Anker, Anne Sofie Tegner, Jennifer L. Doleac, and Rasmus Landersø. 2021. “The Effects of DNA Databases on the Deterrence and Detection of Offenders.” American Economic Journal: Applied Economics, 13 (4): 194-225.

Original Air Date: October 27, 2021

Length: 20 Minutes 25 Seconds

Posted December 7, 2021 by fiorinio in Incentives

Tagged with , , ,

A Conversation About Child Care In Crisis   Leave a comment

Link: https://www.bostonfed.org/publications/six-hundred-atlantic/season/two/bonus-episode-a-conversation-about-child-care-in-crisis.aspx

Even before the pandemic, childcare has been inaccessible and too expensive for families. Experts Beth Mattingly and Tom Weber discuss the childcare crisis and the impact it has on parents, the labor force, and the economy.

Original Air Date: October 29, 2021

Length: 26 Minutes 19 Seconds

The Economics Of Sports Gambling   Leave a comment

Link: https://freakonomics.com/podcast/sports-gambling/

About 60 million people across the US and Canada play fantasy sports. Fantasy revenues in the US alone are around $8 billion a year. With sports betting illegal in some states, the fantasy sports company FanDual asked M.I.T professor Peko Hosoi and her team to determine if the contests were based on skill or luck. With this unregulated industry growing, there are concerns about the effects it will have on society, real-life sports, and the younger generations.  

Original Air Date: September 4, 2019

Length: 55 minutes 23 seconds