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 “planet 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: 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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Gold and the Periodic Table of the Elements : Planet Money : NPR
The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.
Why gold? Why not osmium, lithium, or ruthenium?
We went to an expert to find out: Sanat Kumar, a chemical engineer at Columbia University. We asked him to take the periodic table, and start eliminating anything that wouldn’t work as money.
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Why Your Salary May Be Affected By The Price Of Lettuce : Planet Money : NPR
There’s a good chance that the size of your annual raise is determined partly by the consumer price index, the key measure of U.S. inflation.
Tagged with planet money npr
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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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PlanetMoney - MySpace Was Born of Total Ignorance. Also Porn and Spyware.
"If you find MySpace more chaotic than Facebook, that’s no accident. Founders Chris DeWolfe and Tom Anderson wanted to create a site that’s just as disorienting as your average nightclub, a crazy landscape of musicians and models and Hollywood desire, says Julia Angwin, author of Stealing Myspace: The Battle to Control the Most Popular Website in America.
DeWolfe and Anderson came to their social networking juggernaut from the world of porn and spyware. Their greatest asset? Complete ignorance, Angwin says. Not knowing what to fear, the entrepreneurs just dove in. It gave them a great beginning, Angwin says, but became an Achilles heel."
From http://www.npr.org/blogs/money/2009/08/podcast_myspace_was_born_of_to.html
Tagged with podcast planet money finance myspace economy geek silicon valley