The race for ever-faster trades has "absolutely no social value," says a billionaire who helped bring computers to financial markets.
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Tagged with “money”
(9)
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A Father Of High-Speed Trading Thinks We Should Slow Down : Planet Money : NPR
Tagged with npr planet money economics algorithmic trading
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Instapaper Founder Marco Arment On The App Economy : Planet Money : NPR
Instapaper is a little app that started out as a side project. Now it’s a thriving one-man business. We talk to Marco Arment, Instapaper’s founder and sole employee, about the app economy.
http://www.npr.org/blogs/money/2012/01/31/146152273/the-tuesday-podcast-the-app-economy
Tagged with npr planet money instapaper app store business marco arment
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The Friday Podcast: Who Killed Lard? : Planet Money : NPR
You rarely see lard on menus. There aren’t shelves and shelves of it in every supermarket. In this country, we’ve sort of lost touch with the once beloved pig fat.
On today’s podcast, we ask — who killed lard? Was it Upton Sinclair? His novel, The Jungle, contained this memorable passage about the men who cook the lard:
"…and as for the other men, who worked in tank rooms full of steam, and in some of which there were open vats near the level of the floor, their peculiar trouble was that they fell into the vats; and when they were fished out, there was never enough of them left to be worth exhibiting,— sometimes they would be overlooked for days, till all but the bones of them had gone out to the world as Durham’s Pure Leaf Lard!"
Or should we blame William Procter and James Gamble? It was their company which created a new alternative to lard — the "pure and wholesome" Crisco.
http://www.npr.org/blogs/money/2012/01/06/144806987/the-friday-podcast-who-killed-lard
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Mark Bittman on Taxing Bad Food to Subsidize the Good
New York Times columnist Mark Bittman talks about taxing unhealthy foods. His article in the Times’ Sunday Review on July 24, “Bad Food? Tax It, and Subsidize Vegetables,” looks at why it’s so difficult to market healthy foods successfully.
http://www.nytimes.com/2011/07/24/opinion/sunday/24bittman.html?_r=1
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The Friday Podcast: How Money Got Weird : Planet Money : NPR
An airline, the price of oil and the financialization of the global economy. On today’s show, author and former banker Satyajit Das talks about his career and the trouble with the rise of finance.
http://www.npr.org/blogs/money/2011/09/30/140954343/the-friday-podcast-how-money-got-weird
Tagged with npr planet money economics
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The Tuesday Podcast: Stealing Our Way To A T-Shirt : Planet Money : NPR
It turns out it’s really hard for a small team of public radio employees to turn themselves into a cutting-edge apparel company.
Tagged with npr planet money economics clothing fashion intellectual property
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When Cinnamon moved markets — Planet Money #148
Economist editor Tom Standage says if you want to get a good picture of world history, you should look at spices.
In his book, An Edible History of Humanity, Standage writes about how tall tales of carnivorous birds and flying snakes let Arab middleman charge Europeans inflated prices for cinnamon and pepper for years. Standage says it wasn’t until an Indian ship went adrift in the Red Sea that the Europeans realized there was an easier route to get all those spices they had been craving.
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Ok Go - Rock & Roll Economics - Planet Money
The lead singer of the band OK Go, famous for the video where they dance on treadmills, talks about the economics of Rock and his band’s decision to leave their label and start their own record company.
Tagged with economics planet money ok go music rock and roll
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Stephen J. Dubner | SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance
Freakonomics by Steven D. Levitt and Stephen J. Dubner spent more than two years on the New York Times Best Sellers list and sold more than 4 million copies worldwide. The book offered surprising insights into hot-button issues like cheating, crime, parenting, and class consciousness, in a compelling and readable style. Now, with SuperFreakonomics, the "rogue economist” and the award-winning journalist delve into the hidden agendas of all kinds of individuals, and the incentives that drive them. Featuring: Stephen J. Dubner is an author and journalist, formerly a writer and editor for The New York Times Magazine. The author’s Freakonomics blog on the New York Times website receives more than 1 million unique hits each month.