Archive for the ‘Efficiency’ Category

Lance Armstrong and the Business of Doping   Leave a comment

ap_lancearmstrong_webimage-c6dda44fa3de77fde1ceace1025a651fd9438ca5-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/04/27/475929464/episode-417-lance-armstrong-and-the-business-of-doping

Summary: Back in the 2000’s, Lance Armstrong and the US Postal Service Cycling team were going all out to win the Tour de France.  After the doping scandal was uncovered, the business behind the team was discovered.  Planet Money discusses how professional cycling was dominated by doping, and how it was set up like a business.

Original Air Date: April 27, 2016

Length: 18 minutes 25 seconds

The Return of the Colonel   Leave a comment

kfc-photo-61bd6786f4d94ceb7e19d62f8c8cd92f6897aa70-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/02/17/467108611/episode-684-the-return-of-the-colonel

Summary: Colonel Sanders passed away years ago, which began the strained relationship between KFC Corporate and the KFC Franchises.  After a disastrous Oprah segment leading to a free giveaway, the relationship hit rock bottom.  Planet Money discusses how re-introducing Colonel Sanders (the character), led to happier franchises and more sales for corporate.

Original Air Date: February 17, 2016

Length: 15 minutes 2 seconds

Project Eavesdrop   Leave a comment

eavesdrop_wide-5f6b29c2eece049ec6f7a0941193fc1b8d7d4c8f-s1600-c85-jfifLink: http://www.npr.org/sections/alltechconsidered/2014/06/10/320347267/project-eavesdrop-an-experiment-at-monitoring-my-home-office

Summary: New technology has been a great benefit to the global economy, but privacy could be at an all-time low.  Planet Money discusses the NSA and Edward Snowden in part 1 and investigates how secure you really are, and whether this is a problem for technology companies in part 2.

Original Air Date: June 10, 2014

Length: Part 1: 7 minutes 47 seconds Part 2: 7 minutes 47 seconds

Posted March 21, 2017 by jamezweb in Economic growth, Efficiency, Ethics, Planet Money, Technology, Utility

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Why is Milk in the Back of the Store?   Leave a comment

gettyimages-3342312-55a826c9edc49463cfd010293e41d804d21784f6-s1600-c85-jfifLink: http://www.npr.org/sections/money/2016/09/21/494927147/episode-555-why-is-the-milk-in-the-back-of-the-store

Summary: There has been a debate for decades as to why the milk is in the back of a store.  Consumers say it’s because you have to walk through store, producers say it’s because of ease of access for the delivery trucks.  Planet Money researches what the actual answer is by talking to people in the industry.

Original Air Date: July 23,2014

Length: 16 minutes 9 seconds

The Less Deadly Catch   Leave a comment

less deadlyLink: http://www.npr.org/sections/money/2015/11/04/454698093/episode-661-the-less-deadly-catch

Summary: The Planet Money team investigates a regulation the Alaskan government implemented to make fishing less frantic and more efficient.

Original Air Date: November 4, 2015

Length: 18 minutes 11 seconds

How To Steal A Million Barrels Of Oil   Leave a comment

nigerian stolen oilLink: http://www.npr.org/blogs/money/2014/10/29/359624435/episode-578-how-to-steal-a-million-barrels-of-oil

Summary: The Nigerian Internet hosts many ads for stolen oil, inspiring the question: how? Why?  Nigeria has one of the top oil reserves, and it is controlled by the government. They lose about $10 million a day from oil theft. This podcast dissects how they get away with it.

Original Air Date: October 29, 2014

Length: 19 minutes 30 seconds

Discussion Question: The podcasts says that this problem is for the Nigerian government to solve. Should it be an international issue?

Prompt: The podcast does not reflect on the legally sold oil, and the effect the stolen oil has on that market. Write how you think the stolen oil would change the market for legal crude oil in the international arena, paying specific attention to the quantity and the prices.

Why IBM Is Paying $1.5 Billion To Lose A Business   2 comments

UNITED KINGDOM - MAY 21:  The IBM 'Power6' chip displayed at a product launch in central London, U.K., Monday, May 21, 2007. IBM introduced servers with its Power6 processor, a chip that lets users boost computer performance or reduce energy use, stepping up competition with Hewlett-Packard Co. and Sun Microsystems Inc.  (Photo by Graham Barclay/Bloomberg via Getty Images)

Link: http://www.marketplace.org/topics/business/why-ibm-paying-15-billion-lose-business

Summary: IBM has fell 7 percent off its stock price this week. IBM is selling its chip making company to GlobalFoundries for $1.5 billion over the next three years. It would sound unconventional, except when looking to the future. IBM will be receiving chips for the next ten years from GlobalFoundries. Deals like this are exceedingly rare, but IBM has realized truth: it would be more costly to shut down than to sell, and they may be saving money in the end.

Original Air Date: October 20, 2014

Length: 2 minutes 22 seconds

Prompt / Discussion: Discuss how this type of deal differs from collusion.