Archive for the ‘Shortage’ Tag

Blood money   Leave a comment

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

Posted November 4, 2021 by fiorinio in Ethics, Health economics, Shortage

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Chips, Cars, and the Baby Bust   Leave a comment

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

The Race to Make Ventilators   Leave a comment

Link: https://www.npr.org/2020/03/31/824886286/episode-987-the-race-to-make-ventilators

In the wake of the Covid-19 crisis, the healthcare industry is experiencing a shortage of ventilators. Without increased production, hundreds of thousands of individuals will die. Now, companies that have little to no experience producing ventilators are beginning to help supply them.

Original Air Date: March 31, 2020

Length: 24 minutes 3 seconds

Discussion Prompt: In what ways does this policy align with economic thinking? In what ways is it ‘out of step’ with economic thinking? Is this the most efficient way to produce ventilators, at least for the time being? How can the government incentivize companies to stay open and help produce parts for ventilators during this time? 

The Chocolate Curse   Leave a comment

A new breed of cocoa: CCN-51

Link: http://www.npr.org/blogs/money/2015/02/04/383830776/episode-601-the-chocolate-curse

Summary: This podcast explores the shortage in supply of cocoa around the world, as well as one man’s solution to the crisis.  However, this solution comes at a price.

Original Air Date: February 5, 2015

Length: 18 minutes 12 seconds