Archive for the ‘NPR’ Tag

Free Money   Leave a comment

free moneyLink: http://www.npr.org/blogs/money/2014/11/07/362060876/episode-581-free-money

Summary: This podcast discusses arbitrage (free money), using the example of used textbooks. Arbitrage (free money) is a risk-free way to buy low and sell high. You can find one thing that’s selling for two different prices, and exploit the mistake.

Original Air Date: November 7, 2014

Length: 14 minutes 29 seconds

Prompt: Imagine you find an opportunity like the one discussed in the podcast. Write an outline of how you would go about this discovery, and what your plan of action would be.

Discussion Question: A woman in the podcast said their practice was immoral. Do you agree or disagree? Is what these two men are doing wrong? Use economic thinking in your discussion.

The Stock Market Has Been and Always Will Be Volatile   Leave a comment

Markets Open One Day After Dow's Biggest Drop In A YearLink: http://www.marketplace.org/topics/economy/stock-market-has-been-and-always-will-be-volatile

Summary: Many people are worried about the stock markets, especially with everything going on in the world (Germany’s bad news, Ebola, etc). However, the stock market is a volatile place–and, according to Quincy Crosby, a financial market strategist at Prudential Financial, it’s meant to be that way.

Original Air Date: October 10, 2014

Length: 2 minutes 11 seconds

Get Rich By Giving Up Lattes? Not So Fast   Leave a comment

US Barista Championship Held During Coffee Industry Expo In BostonLink: http://www.marketplace.org/topics/your-money/get-rich-giving-lattes-not-so-fast

Summary: There’s a theory in the personal finance industry known as the Latte Factor, which says give up the coffee drink and invest the money instead, and you’ll have enough to retire on. However, that theory doesn’t factor into the equation inflation and taxes, and is now being proven wrong.

Original Air Date: October 10, 2014

Length: 2 minutes 19 seconds

High Prices Aren’t Scaring Consumers Away From The Meat Counter   Leave a comment

porkLink: http://www.npr.org/blogs/thesalt/2014/08/26/343403757/high-prices-arent-scaring-consumers-away-from-the-meat-counter 

Summary: A discussion of the factors impacting supply and demand of pork. Includes consideration of behavior of retailers and consumers in respond to changes in the market.  Considers influences and impacts of related goods.

Original Air Date: August 26, 2014

Length: 4 minutes 22 seconds

Discussion Prompt: In this podcast, what factors are driving the increase in the price of meat?  How does this relate to supply/demand factors that we are studying? Can you give two specific examples of other factors of demand or supply that might impact the price of meat? For each example, name the ‘factor of demand/supply’ and give a specific example.

Follow-up Prompt: Review the posts of your peers, comment on the accuracy of their suggestions and try to add more examples and expand on their ideas.

 

Posted September 21, 2014 by audioecon in Elasticity, Market structure, Shortage

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Will a Health Insurer Sponsor the Next Jackass Movie?   Leave a comment

health insurerLink: http://www.npr.org/blogs/money/2013/07/12/200906903/will-a-health-insurer-sponsor-the-next-jackass-movie

Summary: As the health insurance market prepares for the changes brought about by implementation of Affordable Care Act, this podcast considers how insurance companies might begin to target their new consumers. Considers marketing and branding strategies as well as how insurers might think about using incentive schemes to retain customers.

Length: 4:04 min

Original air date: July 12, 2013

Why Doesn’t Everybody Buy Cheap, Generic Headache Medicine?   Leave a comment

generic medicineLink: http://www.npr.org/blogs/money/2013/07/05/198504001/why-doesnt-everybody-buy-cheap-generic-headache-medicine

Summary: A consideration of consumers’ tendency to purchase more expensive name brands rather than identical generics.  Includes discussion of education as a contributing factor to likelihood to purchase generics. Includes one consumer’s belief that there is rational ignorance in his decision to just buy the brand name.

Length: 4:29 min

Original air date: July 4, 2013

Posted September 6, 2013 by audioecon in Behavioral Economics, Health Economics

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The ‘Ask Your Uncle’ Approach To Economics   Leave a comment

fed112wayLink: http://www.npr.org/blogs/money/2013/07/17/203032386/the-ask-your-uncle-approach-to-economics

Summary: An exploration of one issue of the Federal Reserve’s Beige Book by focusing on some of the featured stories in the issue.

Length: 3:51 min

Original air date: July 17, 2013

Posted August 23, 2013 by audioecon in Politics & economics

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Four Reasons Why Millions of Americans Are Leaving the Workforce   Leave a comment

four reasonsLink: http://www.npr.org/blogs/money/2013/08/02/208078183/four-reasons-why-millions-of-americans-are-leaving-the-workforce

Summary: An exploration of both the reasons that workers are leaving the workforce and how the U.S. Labor Department includes such workers (or not) in the unemployment rate.

Length: 4:16 min

Original air date: August 2, 2013

Posted August 19, 2013 by audioecon in Labor market economics, Politics & economics

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How To Spend $442 on a 15-Minute Cab Ride   Leave a comment

pedi cab

Link: http://www.npr.org/blogs/money/2013/07/09/199048226/how-to-spend-442-on-a-15-minute-cab-ride

Summary: New York City is implementing new regulations on pricing in the pedi-cab market.  Includes interview of pedi-cab drivers who are for and against this new regulation, as well as some of the challenges of regulating the industry.

Length: 3:51 min

Original air date: July 5, 2013

 

Posted August 13, 2013 by audioecon in Government, Regulation

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For Ethiopian Women, Construction Jobs Offer A Better Life   Leave a comment

ethiopia-women-construction3Link: http://www.wbur.org/npr/207858449/for-ethiopian-women-construction-jobs-offer-a-better-life

Summary: Discusses the impacts on women and on various markets in Ethiopia as women enter the construction industry.  Example of gender pay gap.

Length: 7:49 min

Original air date: August 7, 2013

Posted August 12, 2013 by audioecon in Labor market economics, Shortage

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