Link: https://www.npr.org/2021/05/14/996921658/blood-money
The United States provides two thirds of the world’s blood plasma and incentivizes donors with money each time they donate. The more they donate, the more money they receive which is something the World Health Organization and many other countries are against. When discussing the moral issues of paying donors, a doctor from Brazil argues that moral implications are the least of our worries when a shortage of blood plasma could be a death sentence for his patients.
Original Air Date: May 14, 2021
Length: 26 minutes 46 seconds
Link: https://www.marketplace.org/2021/10/12/nobel-prize-economist-david-card-on-testing-econ-101-theories-in-the-real-world/
2021 Nobel Memorial Prize in Economic Sciences recipient David Card used a natural experiment to challenge the Econ 101 concept that a higher minimum wage drives unemployment. Through his research, Card also discovered a way to possibly address issues like the gender wage gap and the wage gap between nonwhite and white workers.
Later in the segment, Card discusses his recognized research on how immigration does not reduce wages according to the Modern Growth Theory.
Original Air Date: October 12, 2021
Length: 10 minutes 48 seconds
Link: https://www.aeaweb.org/research/electric-transition-banning-gasoline-vehicles
Norway, the United Kingdom, California and many other places worldwide plan to ban the sale of gasoline cars within the next 10-15 years. Economist Stephen P. Holland discusses the implications of a simple ban, and instead encourages policies that will incentivize car manufactures to decrease production of gas cars without devastating the economy.
Citation: Holland, Stephen P., Erin T. Mansur, and Andrew J. Yates. 2021. “The Electric Vehicle Transition and the Economics of Banning Gasoline Vehicles.” American Economic Journal: Economic Policy, 13 (3): 316-44. DOI: 10.1257/pol.20200120
Original Air Date: September 29, 2021
Length: 21 minutes 32 seconds
Link: https://www.npr.org/2021/03/12/976569019/chips-cars-and-the-baby-bust
In 2020, everyone, no matter their involvement with economics, knew what a shortage was. Toilet paper was gone from the shelves before it was even able to be stocked in stores. In 2021, there are some new shortages the U.S. is facing: microchips, cars, and babies. The Indicator discusses the causes of the limited supply of microchips which in turn is limiting car production, as well as the declining birth rate that the U.S. will face as a result of the pandemic.
Original Air Date: March 12, 2021
Length: 9 minutes 33 seconds
Link: https://www.marketplace.org/shows/marketplace/goldman-sachs-to-invest-10-billion-in-black-women/
The COVID-19 pandemic has disproportionately affected black women, not only in growing unemployment rates but also in increased death rates. Goldman Sachs has committed to $10 billion going toward expanding economic opportunities for black women, having found that a black woman’s wealth is 90% lower than a white man’s, in addition to the struggles the pandemic has presented for the black community. This episode of Marketplace also discusses how restaurants will benefit from the relief package and why grocery stores are making investments into robots.
Original Air Date: March 12, 2021
Length: 28 minutes 34 seconds
Link: https://www.npr.org/2021/03/22/980064728/myths-and-realities-of-americas-rural-economy
This week the Indicator talks with Economist Gbenga Ajilore, a senior advisor at the Department of Agriculture about the incorrect assumptions associated with life in rural America. He has studied these rural demographics and now advises policymakers away from these misguided ideas. They discuss the common misconceptions about these rural areas of the US relating to population, jobs, and migration. Some highlights Ajilore shares include: farming is not the only way of life, white people are not the only ones that live in rural areas, and that rural areas are not actually dying out.
Discussion Prompt: What are some other myths about rural areas that have an economic influence?
Original Date: March 22, 2021
Length: 9 minutes 39 seconds
Link: https://www.marketplace.org/shows/marketplace-morning-report/amazon-health-care-telemedicine-federal-reserve-interest-rates-covid-relief-money-fafsa/
Amazon is beginning its own telemedicine system this summer, allowing participating companies to see a nurse or doctor remotely. This marks a shift in the healthcare industry, as it is predicted that close to 60% of doctor’s visits will be done remotely following the Covid-19 pandemic.
This podcast also discusses The Federal Reserve Bank’s decision to keep interest rates low, fewer numbers of students filing for federal student aid, and remote work in the automobile industry.
Original Air Date: March 18, 2021
Length: 9 minutes and 7 seconds
Link: https://www.economist.com/podcasts/2021/03/18/how-can-successful-women-help-their-successors-through-the-glass-ceiling
With the passing of one year mark for the COVID-19 pandemic, we are seeing record numbers of women leaving the workforce. Looking toward the future, women in senior positions want to make sure that the advancements that women have made in the workforce do not regress. Anne McElvoy, of the Economist talks with Joanna Coles, CEO of Northern Star Investments and former chief content officer of Hearst magazines, and Melora Hardin star of “The Bold Type” and “The Office” about how executive women are portrayed in media. They also discuss how limited work-life balance and discrimination that women face affect their day to day lives. The discussion encompasses many issues that women have continued to endure, which is very important as we continue to move through International Women’s Month.
Original Air Date: March 18, 2021
Length: 30 minutes 38 seconds
Link: https://www.npr.org/2021/02/26/971873769/empty-houses-reclaimed
Housing insecurity is a major issue that is facing our nation especially in a pandemic with millions out of jobs. As a result of this people have began taking their living situation into their own hands. A group in California who call themselves the “Reclaimers” decided to break into and reclaim vacant houses owned by the state. State officials decided to not evict any of these new tenets but instead leased the properties out to the housing authority, which allowed for the homes to be part of a transitional housing program. Sasha Atkins, one of the “Reclaimers”, discusses how housing insecurity could be lessened greatly if more states employed programs like the one put forth in California.
Original Air Date: March 1, 2021
Length: 9 minutes and 49 seconds
Link: https://www.npr.org/2021/03/12/976465414/the-even-more-minimum-wage
This podcast discusses the history and the impact of low wages received by restaurant workers. The federal “tipped” minimum wage has remained stagnant for almost 30 years, while the standard minimum wage has been increased 5 times throughout that time. Policy makers in Washington DC are now proposing the Raise the Wage Act, which, if enacted, would raise the federal minimum wage incrementally to $15 an hour for all workers in all industries, including tipped workers.
Original Air Date: March 17, 2021
Length: 21 minutes and 22 seconds
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