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?

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

The Cheeseburger Diet   Leave a comment

pc-cheeseburger-dubner-burger-300x225Link: http://freakonomics.com/podcast/the-cheeseburger-diet-a-new-freakonomics-radio-podcast/

Summary: In response to the infamous documentary Super Size Me, one woman toured her local area in search for the best burger.  Shockingly, she didn’t gain a single pound despite eating two burgers a week.  Freakonomics discusses the surprising results.

Original Air Date: December 10, 2015

Length: 34 minutes 21 seconds

Discussion Question: What role does utility play in this situation? Will satisfaction of the second burger eaten  always be the same? Explain.

Posted March 14, 2017 by jamezweb in Health Economics, Incentives, Production costs, 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

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

 

Posted March 1, 2017 by jamezweb in Incentives, Inequality, Market structure, Sports economics, Trade

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Can A Game Show Lose?   Leave a comment

gettyimages-583773824-8ed3571066d54e5d9b24e5f2ba9050f2ead8d778-s1600-c85-jfif

Link: http://www.npr.org/sections/money/2016/07/27/487654380/episode-714-can-a-game-show-lose

Summary: Planet Money discusses whether a game show can lose and what it takes for a contestant to win.  They look into the one-season wonder of the unsustainable model of the game ‘The Power of 10’.

Original Air Date: July 27, 2016

Length: 21 minutes 11 seconds

 

 

 

 

 

Posted February 22, 2017 by jamezweb in Incentives, Price ceiling / floor, Utility

This visa program is a path to citizenship for the rich   Leave a comment

Link: http://www.marketplace.org/2016/03/16/business/eb5-visas

Summary: Marketplace analyzes the EB-5 visa program which allows wealthy foreign investors to secure American citizenship, only if investors are willing to invest at least a half a million dollars in the United States.

Original Air Date: April 18, 2016

Length: 2 minutes 29 seconds

Audioecon will be at the National Economics Teaching Association Conference 2016   Leave a comment

I’ll be presentingIMG_1136 audioecon.com at the NETA 2016 conference in Tampa on Thursday October 27th. I’ll be focusing on Using audioecon.com to foster critical thinking through online discussion boards. I hope to see you there!

Comments on how you use audioecon.com or ways I could make the site more helpful to you are always welcome! Leave your comments here.

Posted October 22, 2016 by audioecon in Utility

GMO acreage falls — along with commodity prices   Leave a comment

Link: http://www.marketplace.org/2016/04/13/world/gmo-crops-declineat-least-now

Summary: Due to falling commodity prices, the number of acres across the globe containing genetically modified crops has fallen for the first time in 20 years.

Original Air Date: April 13, 2016

Length: 2 minutes 4 seconds

Posted October 21, 2016 by cherokeebelval in Environmental economics, Production costs

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Tax preparers prey on low-income filers, study finds   Leave a comment

Link: http://www.marketplace.org/2016/04/13/business/eitc

Summary: A 2016 study finds brand name tax branches targeting areas with a concentrated population of people receiving the income earned tax credit.

Original Air Date: April 15, 2016

Length: 1 minute 32 seconds

Posted October 14, 2016 by cherokeebelval in Ethics, Inequality, Taxes

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