Archive for the ‘Ethics’ Category

Should We Kill The $100 Bill?   Leave a comment

An employee at a money changer in Manila counts $100 bills in 2012. Today, more than a half-trillion dollars' worth of $100 bills are overseas.Link: http://www.npr.org/blogs/money/2014/08/14/340356790/should-we-kill-the-100-bill

Summary: The Planet Money team investigates the $100 bill and found that over two-thirds of the bills are overseas. Additionally, they assume the bills are used for illegal activities due to their convenience.

Original Air Date: August 14, 2014

Length: 6 minutes 10 seconds

Posted June 7, 2015 by ndelmonaco1 in Ethics, Politics & economics

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Does Raising The Minimum Wage Kill Jobs?   Leave a comment

The golden archesLink: http://www.npr.org/blogs/money/2014/03/06/286861541/does-raising-the-minimum-wage-kill-jobs

Summary: Minimum wage is a hot topic in the economic realm. In this podcast the same study is done three times resulting in different outcomes on the pros and cons of raising the minimum wage.

Original Air Date: March 6, 2014

Length: 4 minutes 32 seconds

How Solar Got Cheap   Leave a comment

SolarCity workers installing solar panels on a rooftop.Link: http://www.npr.org/blogs/money/2015/04/10/398811199/episode-616-how-solar-got-cheap

Summary: Solar power is becoming increasingly popular. The main reason is not due to environmental awareness but because of a market glut and a need to clear inventory.

Original Air Date: April 10, 2015

Length: 16 minutes

The Company Where Everyone Knows Everyone Else’s Salary   Leave a comment

PaycheckLink: http://www.npr.org/blogs/money/2014/07/02/327758712/the-company-where-everyone-knows-everyone-elses-salary

Summary: The Planet Money team investigates the pros and cons of pay transparency in the work place and the problems it is solving.

Original Air Date: July 2, 2014

Length: 4 minutes 59 seconds

What Happens When Stores Let Customers Return Whatever They Want?   Leave a comment

I'd like to return one boot?

Link: http://www.npr.org/blogs/money/2013/09/25/223787129/what-happens-when-a-store-lets-customers-return-whatever-they-want

Summary: This podcast examines the pros and cons to a lenient return policies for businesses and the affect it has on their brand. Some companies see it as a loss of business while others view it as cheap marketing.

Original Air Date: September 25, 2013

Length: 4 minutes 23 seconds

Posted April 22, 2015 by ndelmonaco1 in Efficiency, Ethics, Incentives, Production costs

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The Charity That Just Gives People Money   Leave a comment

Bernard Omondi got $1,000 from GiveDirectly.Link: http://www.npr.org/blogs/money/2013/08/16/212645252/episode-480-the-charity-that-just-gives-people-money

Summary: The GiveDirectly charity gives money to the poor and asks for nothing in return. The Planet Money team takes a quick look at this strategy.

Original Air Date: August 16, 2013

Length: 6 minutes 12 seconds

Prompt: Make a list of pros and cons for this strategy of aid to developing regions of the world.

The Chocolate Curse   Leave a comment

A new breed of cocoa: CCN-51

Link: http://www.npr.org/blogs/money/2015/02/04/383830776/episode-601-the-chocolate-curse

Summary: This podcast explores the shortage in supply of cocoa around the world, as well as one man’s solution to the crisis.  However, this solution comes at a price.

Original Air Date: February 5, 2015

Length: 18 minutes 12 seconds

‘Special Shopping Day’ Overload   Leave a comment

shopping dayLink: http://www.marketplace.org/topics/economy/special-shopping-day-overload

Summary: The number of shoppers on Black Friday was down this year (2014). Because of the ease in comparing prices online to find the best deal, Black Friday (and the whole weekend) has become a ritual team effort of mothers, daughters, and other relatives.

Original Air Date: December 1, 2014

Length: 1 minute 47 seconds

Discussion Question: Is the economy effecting how many people shop on the Black Friday weekend? Or is it something else that’s driving the number of shoppers down?

 

Free Money   Leave a comment

free moneyLink: http://www.npr.org/blogs/money/2014/11/07/362060876/episode-581-free-money

Summary: This podcast discusses arbitrage (free money), using the example of used textbooks. Arbitrage (free money) is a risk-free way to buy low and sell high. You can find one thing that’s selling for two different prices, and exploit the mistake.

Original Air Date: November 7, 2014

Length: 14 minutes 29 seconds

Prompt: Imagine you find an opportunity like the one discussed in the podcast. Write an outline of how you would go about this discovery, and what your plan of action would be.

Discussion Question: A woman in the podcast said their practice was immoral. Do you agree or disagree? Is what these two men are doing wrong? Use economic thinking in your discussion.

The Interstate Tax Break Battle   Leave a comment

interstate tax break battleLink: http://www.marketplace.org/topics/economy/interstate-tax-break-battle

Summary: The Obama Administration has been cracking down on inversions–where companies avoid US taxes by getting a foreign address. Now, it is being taken down to a state level, as states hand out tax breaks to try to increase business and get out of the Great Recession.

Original Air Date: September 24, 2014

Length: 2 minutes 27 seconds