Archive for the ‘Ethics’ Category

Delicious Cake Futures   Leave a comment

ap_948883364526-138b1075ab392570cbb41a99fa639c639b34c0f7-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/01/06/462149561/episode-15-delicious-cake-futures

Summary: An elementary lunch room has more economics involved then one would think.  Snacks are the currency, and the trading is of the food.  In this story, Planet Money discusses how one kid developed a derivative for a cake, by trading for snacks now for a piece of the cake later.

Original Air Date: March 9, 2009

Length: 15 minutes 16 seconds

Amy and Steve vs. Facebook   Leave a comment

steve-vachani-aaac7eaec0e94572b032af008f67b6dadefe20e4-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/09/504999255/episode-741-amy-and-steve-vs-facebook

Summary: When social media was beginning to explode in the mid 2000’s, Steve had an idea that would eliminate having to login into three different sites with different usernames and passwords.  One problem: Facebook sued, causing a lengthy legal battle that impacts everyone.  Planet Money investigates how Steve and a $55 per hour lawyer took on Facebook and their $1000 per hour lawyers.

Original Air Date: December 9, 2016

Length: 18 minutes 9 seconds

The Bees go to California   Leave a comment

bees-6bb12f86c978790d3ce3f4f7c9fd448957f4461f-s1600-c85.jfifLink: http://www.npr.org/sections/money/2017/02/24/517076055/episode-756-the-bees-go-to-california

Summary: Bee stings hurt, but without bees, fruits and nuts wouldn’t be possible.  Every year, millions of bees travel from the east to California to pollinate fields.  Planet Money researches this unique business and how efficient trucking bees from Louisiana to California really is.

Original Air Date: February 24, 2017

Length: 22 minutes 54 seconds

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

Chuck E. Cheese’s: Where a Kid Can Learn Price Theory   Leave a comment

untitledLink: http://freakonomics.com/podcast/chuck-e-cheeses-kid-can-learn-price-theory/

Summary: Chuck E. Cheese’s has a reputation for offering family fun events at an affordable cost.  However, is the affordable cost the reason why infamous brawls between parents appear on YouTube? Freakonomics researches Chuck E. Cheese’s price strategy to find out what effect it has on disputes involving police.

Original Air Date: March 8, 2017

Length: 31 minutes 19 seconds

Why Do We Tip?   Leave a comment

tipping-71e24965a60e3a967405193ceb365075c19afd1d-s1600-c85.jfifLink:   http://www.npr.org/sections/money/2016/01/20/463726763/episode-283-why-do-we-tip

Summary: Tipping has become a staple in many industries in today’s society.  The common belief is that with better service results in a better tip.  Planet Money discusses whether a tip really is an incentive to give better service, or if it is now expected regardless of service.

Original Air Date: January 20, 2016

Length: 17 minutes 36 seconds

Discussion Question: Is it unethical to not give a tip if good service was given? Or is it unethical to expect a tip given it is a loss for the consumer? Discuss the incentives and utility for both the consumer and employee regarding tips.

The Zoo Economy   Leave a comment

nocontestelephants-a8bada5851a464dbde9a4c9ba2c427149ae0c531-s1600-c85-jfifLink:   http://www.npr.org/sections/money/2016/09/09/493295430/episode-566-the-zoo-economy

Summary: Due to regulations and animal cruelty, the market for animals has almost disappeared over the years.  Planet Money discusses how zoos and aquariums use different methods to get their animals without having to pay a single dollar and avoiding a PR disaster.

Original Air Date: September 9, 2016

Length: 17 minutes 22 seconds