Archive for the ‘Inequality’ Category

How The Internet Got Ruined   Leave a comment

Chaos Computer Club Annual CongressLink: https://www.marketplace.org/shows/marketplace-tech/041917-mtech

Summary: “Move Fast and Break Things” is a newly released book about the monopolistic market structure of the internet.  Marketplace interviews Jonathan Taplin, the author of the book, who is the tour manager for Bob Dylan.  They discuss how the monopoly structure set up by the technology companies has ruined the communal nature of the internet. Also discussed is one silicon valley entrepreneur who left San Francisco for Minneapolis.

Original Air Date: April 19, 2017

Length: 7 minutes 35 seconds

Should We Be Able to Access Academic Articles Without Paywalls?   Leave a comment

library_3Link: https://www.marketplace.org/shows/marketplace-tech/04252017-mtech

Summary: Students in college can attest that credible sources needed for a research paper are often hard to find, especially the free ones.  Marketplace introduces a new website that is the latest form of “hacktivism”, and is releasing research papers for free.  Marketplace also introduces the competition between YouTube and Twitch.

Original Air Date: April 25, 2017

Length: 7 minutes

Cat Scam   Leave a comment

cat-picture-f5c39c93daa03f62c6eda4f68f3106dc0ff6d7cb-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/09/14/493810206/episode-724-cat-scam

Summary: The internet was supposed to eliminate middlemen, creating an area where consumers can buy directly from the manufacturers.  However, the internet is filled with middlemen to the point that middlemen are worried about other middlemen.  Planet Money discusses how the biggest companies on the internet (eBay and Amazon) are middlemen.

Original Air Date: September 14, 2016

Length: 21 minutes 5 seconds

A Report From the Land of Quarterly Profits and Losses   Leave a comment

Yahoo! Reports Drop In Profit But Rise In Sales In Q2Link: http://wwno.org/post/04192017-report-land-quarterly-profits-and-losses

Summary: In this marketplace podcast, they discuss the latest earnings of Yahoo, IBM and Volkswagen.  Marketplace also introduces two cities that are changing; New York City and Pittsburgh.  New York City is looking to disallow employers from asking candidates about past salary, and Pittsburgh is trying to shake the “Steel City” nickname for “Robo-burgh”.

Original Air Date: April 19, 2017

Length: 6 minutes 50 seconds

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

Jubilee! (?)   Leave a comment

2509857120_5f43d4858b_o-28875f634cdecb828ccaaa98c667017dcce48e7c-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/23/506763952/episode-587-jubilee

Summary: After Iceland was hit hard by the financial crisis, Icelanders with mortgage loans were drowning in debt.  Recognizing the outrage, the Progressive Party of Iceland capitalized and offered to clear everyone’s debt.  Planet Money discusses Iceland’s use of a biblical event called jubilee and the results.

Original Air Date: December 23, 2016

Length: 20 minutes

The Chicken Tax   Leave a comment

chickens-02064a2da3617b54ffee56246937a0b3ab259274-s1600-c85.jfifLink: http://www.npr.org/sections/money/2017/01/25/511663527/episode-632-the-chicken-tax

Summary: Believe it or not, there is a chicken tax and it actually applies to automobiles! Back in the 20th century, Germany levied a tax on American chicken to protect their domestic farmers.  The US responded by taxing German made automobiles,  and thus a trade war began.  Planet Money discusses the value of tariffs, and why the chicken tax is still around.

Original Air Date: January 25, 2017

Length: 16 minutes 56 seconds