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

 

 

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

Pub In A Box   Leave a comment

tigin-irish-pub-jfk7-495327b4eee1022a05b5beafa9f476a3da8fb717-s1600-c85.jfifLink: http://www.npr.org/sections/money/2017/04/12/523653040/episode-764-pub-in-a-box

Summary: Irish Pubs are everywhere, even in places like Hong Kong and the Ivory Coast.  One architecture student from Ireland, Mel McNally, began selling the Irish Pub to other areas.  Planet Money discusses how the Irish Pub is shipped in a box all over the world, and people will flock to it.

Original Air Date: April 12, 2017

Length: 17 minutes 19 seconds

Discussion Question: Who are Mel’s competitors in the market if he has control of the Irish Pub concept? What is the market structure?

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

Can Samsung Give Us What We Really Want?   Leave a comment

SKOREA-SAMSUNG-TELECOMMUNICATIONSLink: https://www.marketplace.org/shows/marketplace-tech/04212017-mtech

Summary: After the failure of the S7, Samsung has released the S8 hoping to bait customers into switching from the iPhone.  Marketplace introduces whether or not the S8 is ready to take over market share from the iPhone.  They also introduce how using technology in Arizona has affected tourism.

Original Air Date: April 21, 2017

Length: 6 minutes 26 seconds

Discussion Question: Explain the market of tourism; who are the competitors? How is market share achieved? What role does technology play? Also, is there demand for Samsung, or are they too far behind on the iPhone?

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

Uploading the Human Mind to a Machine   Leave a comment

SPAIN-TECHNOLOGY-ROBOTLink: https://www.marketplace.org/shows/marketplace-tech/2017-03-23

Summary: Technology has become increasingly present in various markets.  ESports is an up and coming sports league that is centered around video games, and artificial intelligence involves uploading the human mind into a machine.  These are two recent trends in the technology sector that Marketplace discusses in this podcast.

Original Air Date: March 23, 2017

Length: 7 minutes 12 seconds

Discussion Question: How does advancing technology impact jobs? What effect does it have on unemployment, if any at all?