Archive for the ‘Trade’ Category

Oil pushes out Venezuela’s agriculture   Leave a comment

Link: http://www.marketplace.org/2016/04/18/world/resource-curse/venezuela-ranchers

Summary: Venezuela’s oil dependent economy imports nearly 80% of its food, which is particularly worrisome  when oil prices are at an all time low.

Original Air Date: April 18, 2016

Length: 4 minutes 46 seconds

The Miracle Apple   Leave a comment

honeycrisp-5c3b641931b075344e3419366ffbd570686d8cee-s1600-c85-jfifLink: http://www.npr.org/sections/money/2016/10/12/497697621/episode-627-the-miracle-apple

Summary: Years ago, the only classifications for apples was based on color: red, green or yellow.  Planet Money discusses how one researcher from Minnesota changed the apple market by introducing an apple that was actually tasty for retail consumers.

Original Air Date: October 12, 2016

Length: 14 minutes 7 seconds

Discussion Question: By putting a patent or a trademark on a type of apple, how does that affect supply and demand? How does it affect competition in the market?

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

The Longest Long Shot   Leave a comment

leicesterLink: http://freakonomics.com/podcast/leicester-city/

Summary: What if the odds of finding Elvis Presley alive were 5000 to 1? You could have had those same odds if you bet on Leicester City to win the most watched soccer league.  Freakonomics discusses the near-impossible story of how this little club pulled off the biggest upset in an environment that rewards those who spend.

Original Air Date: May 25, 2016

Length: 45 minutes 15 seconds

Discussion Question: What behavior is being encouraged by the structure of the English league? Compare it with an American league.  How is competition affected?

Peanuts and Cracker Jack   Leave a comment

untitled 3.pngLink: http://www.npr.org/sections/money/2016/05/06/477082513/episode-700-peanuts-and-cracker-jack

Summary: Planet Money attends a Boston Red Sox game at Fenway Park to learn the economics behind the vendors. They discuss why a vendor doesn’t want to sell ice cold water on a cold October night up in the bleachers.

Original Air Date: May 6, 2016

Length: 21 minutes 31 seconds

 

Happy Saudi cows eat California alfalfa   Leave a comment

TO GO WITH AFP STORY BY AMMAR KARIM
An I

Link: http://www.marketplace.org/2016/03/28/world/happy-saudi-cows-eating-california-alfalfa

Summary: A Saudi dairy company, Almarai, bought a total of 14,000 acres of land across Arizona and California with the intentions of growing alfalfa, a water intensive crop.  Almarai plans to export the U.S. grown alfalfa back to Saudi Arabia to be used as fodder.

Original Air Date: April 6, 2016

Length: 2 minutes 22 seconds

Venezuela’s economy, as told by a hot dog   Leave a comment

venezuelaLink: http://www.marketplace.org/2016/03/21/world/venezuela-hot-dog

Summary: Marketplace breaks down the complexities of the Venezuelan economy using the local pepito as a metaphor to explore inflation and the impacts of an oil-dependent economy.

Original Air Date: March 23, 2016

Length: 3 minutes 16 seconds