Archive for the ‘Trade’ Category

Google is big. Is that bad?   Leave a comment

google bigLink: http://www.npr.org/sections/money/2017/08/04/541643346/episode-787-google-is-big-is-that-bad 

Summary: The Planet Money team focus on the recent European Commission decision that Google violated anti trust rules. They discuss the context of the seven year consideration of the question whether Google has too much power over the Internet. Includes consideration of how the question is viewed differently in the U.S. and how this specific case helps us think generally about issues of competition.

Original Air Date: August 4, 2017

Length: 16:42

 

 

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

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

The Fine Print   Leave a comment

fine-print-2-71ae63c3d53fa5681bb995b77857273174e07eca-s1600-c85.jfifLink: http://www.npr.org/sections/money/2017/03/31/522226226/episode-762-the-fine-print

Summary: Everybody at one point in their life has heard the term “Got to read the fine print”.  But what does that actually mean? Planet Money tells stories about what happens when you read the fine print, and how you can make money from it.

Original Air Date: March 31, 2017

Length: 19 minutes 32 seconds

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