Archive for the ‘Government’ Category

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.

Fixing the World, Bang-For-The-Buck Edition: A New Freakonomics Radio Podcast   Leave a comment

Fixing-the-World-300x200Link: http://freakonomics.com/2014/10/02/fixing-the-world-bang-for-the-buck-edition-a-new-freakonomics-radio-podcast/

Summary: Return on Investment (ROI) analyzes at the most efficient way to spend money. An example given is the difference between curing malaria and HIV/AIDS. To cure malaria, it would cost about $1,000 per person, while it would cost ten times that to cure HIV/AIDS, and it is decided that they would rather save 10 people from malaria before they save one from HIV/AIDS.  The United Nations, with their Millennium Development Goals coming to a close, will be looking to set new goals in 2015, to be completed by 2030. One of the issued they will focus on is how they are setting goals, and how to be more efficient with the help of the Return on Investment analysis.

Original Air Date: October 2, 2014

Length: 43 minutes 34 seconds

Prompt / Discussion: You are a member of the United Nations, and are put in charge of coming up with new development goals for 2015. You have $100 billion to invest in various development aid. Discuss how you would prioritize between an important, expensive goal (such as getting all kids into school, which was one of the Millennium Development Goals), and something that might not be seen as highly important, but cost effective.

The Trouble With The Poverty Line   Leave a comment

Marion Matthew supports herself and her son in New York City on $23,000 a year. According to the government, she does not live in poverty.Link: http://www.npr.org/blogs/money/2013/09/20/224511346/episode-487-the-trouble-with-the-poverty-line

Summary: The Planet Money team investigates the outdated qualifications for the Poverty Line in America and the need for a new formula to alleviate the suffering. This podcast includes a brief history of the Poverty Line.

Original Air Date: September 20, 2013

Length: 11 minutes 47 seconds

 

Where Poor Kids Grow Up Makes A Difference

grow up mattersLink: http://www.npr.org/sections/money/2015/05/04/403575638/where-poor-kids-grow-up-makes-a-huge-difference

Summary: The Planet Money team looks at the relative benefits of providing poor families a home in low poverty neighborhoods via housing vouchers.

Original Air Date: May 4, 2015

Length: 4 minutes 17 seconds

Posted June 28, 2015 by davidfield in Inequality, subsidy, Utility

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Kenneth Feinberg on placing a value on life   Leave a comment

Link: http://www.marketplace.org/topics/your-money/my-biggest-financial-lesson/kenneth-feinberg-placing-value-life

Summary: Kenneth Feinberg discusses the reality of compensating families of victims of horrific tragedies. He advises we all plan for tomorrow.

Original Air Date: March 27, 2015

Length: 3 minutes 35 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 Giant Book That Creates And Destroys Entire Industries   Leave a comment

The Hansa Kirkenes carried all 6,078 of the Planet Money women's T-shirts from Cartagena, Colombia, to Miami.

Link: http://www.npr.org/blogs/money/2013/12/06/247361423/the-giant-book-that-creates-and-destroys-entire-industries

Summary: In this podcast tariffs are examined, showing both their positive and negative affects on economies. Also mentioned is the Harmonized Tariff Schedule which gages how much each import is to be taxed

Original Air Date: December 12, 2013

Length: 5 minutes 20 seconds

The Birth Of The Dollar   Leave a comment

Two-dollar note from a New York bankLink: http://www.npr.org/blogs/money/2012/12/07/166747693/episode-421-the-birth-of-the-dollar-bill

Summary: At one point in U.S. history there was close to 8,000 different types of currency circulating. The Civil War became a bottleneck and forced innovation, thus creating one unified currency.

Original Air Date: December 7, 2012

Length: 10 minutes 37 seconds

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

‘Made in Italy’ May Not Mean What You Think It Does   Leave a comment

Italian Fashion Heavyweights Dress Rich And FamousLink: http://www.marketplace.org/topics/business/made-italy-may-not-mean-what-you-think

Summary: The Country of Origin label is a powerful element on upscale brands. Italians consider it a national economic resource, but the stamp can’t always be believed. US laws say the “last substantial transformation” must be in the country of origin, and tracking manufacturing is difficult at best.

Original Air Date: September 24, 2014

Length: 3 minutes 55 seconds