Archive for the ‘Technology’ Category

Farmers Hack Their Equipment to Evade Tractor Company Policies   Leave a comment

Statewide Drought Forces Californians To Take Drastic Measures For Water ConversationLink: https://www.marketplace.org/2017/03/27/tech/farmers-hack-their-equipment-evade-tractor-company-policies

Summary: Farmers are hacking into their own tractors in order to fix them, rather than pay for a dealer to fix it for them.  Marketplace introduces this situation and explains why tractor owners aren’t satisfied with this developing market concentration in the repair market and what they hope to do about it. .

Original Air Date: March 27, 2017

Length: 3 minutes 2 seconds

Discussion Question: What impact does forcing tractor owners to go through dealers for repairs do for competition in the market? Who benefits from this system more, the owner or the dealer?

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 New Telenovela   Leave a comment

gettyimages-504836746-ea8d257763bce36146e899d1f63c818e35cd4893-s1600-c85-jfifLink: http://www.npr.org/sections/money/2016/08/31/492123182/episode-722-the-new-telenovela

Summary: The fourth most watched network in the United States is Telemundo, partly because of its widely successful Telenovelas.  Planet Money discusses how one Telenovela changed TV, implemented strong women characters and had a connection to the Mexican drug ring that helped bring down the infamous El Chapo.

Original Air Date: August 31, 2016

Length: 20 minutes 32 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

Dear Economist, I Need A Date   Leave a comment

hearts-a7005807b2f51f3d19a6d6b332896854a9a7b5dc-s1600-c85.jfifLink: http://www.npr.org/sections/money/2017/03/01/517985813/episode-513-dear-economist-i-need-a-date

Summary: Love isn’t a word you would normally associate with Economics.  Applying the principles of Economics to your relationships seems preposterous.  But is it?  Planet Money discusses how economics are beneficial to your love life and can help you save on the one cost of love: time.

Original Air Date: March 1, 2017

Length: 23 minutes 13 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