nelstrom / tags / economics

Tagged with “economics” (10)

  1. Bitcoin - Planet Money

    Bitcoin is a new kind of currency. But unlike, say, the dollar or the yen, it’s not backed by any government. Also, you can’t hold it in your hand or put it in your pocket; it exists only on computers.

    Bitcoin is supposed to be cash for the Internet age — anonymous money that anyone can use without using a credit card or going through a bank.

    On today’s Planet Money, try to get our hands on a few bitcoins, which turns out to be harder than it sounds.

    We dig into some basic questions that come up when you’re creating a new currency from scratch.

    And we buy lunch.

    —Huffduffed by nelstrom

  2. Egypt’s Military, Inc.

    So far, the Egyptian military has largely sided with the protesters in the streets of Cairo.

    This is not only because the military supports the people; it’s also because the military sells the people lots of stuff.

    On today’s Planet Money, we look at the Egyptian military’s deep business ties to everything from dishwashers to resort hotels. And we consider how those ties influence how the military responds to the crisis.

    —Huffduffed by nelstrom

  3. 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.

    —Huffduffed by nelstrom

  4. Shopping Center Economics - Planet Money #132

    Another very special radio competition. We sent Adam Davidson, Chana Joffe-Walt and Alex Blumberg to the International Council of Shopping Centers’ New York Conference and challenged them to bring back the best economics stories they could find. Listen to their stories, hear our panel of celebrity judges weigh in and then decide who you think should be the winner.

    —Huffduffed by nelstrom

  5. Fancy Food Economics - Planet Money #67

    Adam Davidson, Chana Joffe-Walt and David Kestenbaum visited New York’s Fancy Food Show with a directive: bring back the best economics story they could find in just 60 minutes. The starring ingredients: olive oil, vanilla beans, and roquefort cheese. You can listen and vote for your favorite fancy food story at

    —Huffduffed by nelstrom

  6. Bloody, Miserable Medieval Economics - Planet Money #72

    Before governments had regulators with suits and briefcases, says College of William and Mary history professor Philip Daileader, they had knights. The Lancelots of real life went around the kingdom forcing people to pay whatever the knights decided they owed. It was a brutal economic approach. If you think the knights were tough, be thankful you never faced the guild system. It existed to eliminate competition and benefit producers at the expense of consumers. Craftspeople fought each other for control and tried to limit access to the market — at their own expense, it turned out.

    —Huffduffed by nelstrom

  7. Economics for 12th century peasants - Planet Money #78

    Does the existence of hope unfulfilled make for a worse life? Medieval historian Philip Daileader says it might. People in places like 12th and 13th century France lived far more constrained economic lives than we do, but they had no expectations that their situations would ever improve.

    —Huffduffed by nelstrom

  8. mySpace was born of Ignorance - Planet Money #84

    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 — and an Achilles heel.

    —Huffduffed by nelstrom

  9. 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.

    —Huffduffed by nelstrom

  10. Munger on many things - EconTalk

    Mike Munger of Duke University talks with EconTalk host Russ Roberts about many things. Listeners sent in questions for Mike and Russ to talk about and they chose ten of the most interesting questions with the idea of talking about each for six minutes. The topics are the scarcity of clean water, asset bubbles, the role of Fannie and Freddie in the financial crisis, can a business pass a tax on to its customers (or maybe even its workers), compassionate food, the study of economics, how to choose a college, the nature of cooperation in a modern economy, the humanity of non-profits, and the American Dream.

    —Huffduffed by nelstrom