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Is this how the great international borrowing spree ends?
In recent months, there have been serious whispers about an outrageous possibility: that one day soon, France — the seventh largest economy in the world — might not be able to pay back its debts. Right now, protesters in France are complain
Politicians are afraid to fix taxes. So 100 citizens tried.
Connecticut’s property tax system has been broken for decades and the politicians have failed to fix the problem. So now, they’re trying something new: a citizens assembly. (Citizens assemblies are also old. They go back to Ancient Greece,
How surveillance crept up on us
For years, police have spent billions of tax dollars on watching us, tracking us, and recording us. In the largest police department in the country, these surveillance systems were paid for and adopted without the kind of public oversight c
We try to fix election polling (update)
Polling is facing an existential crisis. People aren't picking up the phone. Nobody wants to talk to pollsters. Trust is on the line. We pluck a solution from the economics canon and convince a polling firm to let us test it. Today on the s
Anatomy of a movie market
Before an independent movie makes it to a streaming platform or a theater near you, it first needs to survive an artistic and economic gauntlet. And even for those movies that make it into elite film festivals like Sundance – it can take ev
Wanna slow down AI? These biologists can help.
Fifty years ago, scientists pioneering a terrifying gene-splicing technology figured out a way to collectively hit pause. Can we do it again with AI? We ask because some top AI industry leaders are saying the technology they’re pushing forw
Should we all be getting tariff refunds right now?
Companies are getting billions of dollars back. How about us? It seems simple, right? We paid higher prices for imported goods because of tariffs. Then the tariffs were ruled illegal. Courts said the money paid to the U.S. government had to
Charles Ponzi's scheme (plus a new scam)
Charles Ponzi was down on his luck. In 1919, the Italian immigrant had spent a decade and a half in the U.S. He was looking for a way to get rich and tried his hand at everything — including bookkeeping, sign painting, grocery clerk, dishwa
Where all those weird new drinks are coming from
It's getting pretty wild in the beverage aisle these days — from the rainbow wall of seltzers, to the increasingly strange flavors of Pepsi, to the new "functional" sodas with added fiber or supplements that supposedly offer health benefits
Who’s gonna pay for your Social Security?
Very soon, Social Security may not have enough money to make full payments to retirees. Very soon. Like by 2032, just six years from now. So what are we gonna do about it? Today on the show, we look at some of the most talked about possible
Middlegarchs are the new Oligarchs
Wanna know who is really in the top 1%? And how they use their influence? It may not be who you think. Look beyond Silicon Valley. Look beyond Wall Street. Look beyond the “oligarchs”. There's a much larger class of wealthy Americans hiding
Is our national debt finally too much? (update)
(Note: A version of this episode originally ran in https://www.npr.org/2024/06/07/1197959252/debt-gdp-ratio-growth-united-states.) $40,000,000,000,000. Four commas. Thirteen zeroes. It’s an eye-popping, almost infinite-sounding pile of mone
The Domino’s Pizza Tracker Theory of Everything
Did a pizza restaurant’s humble status page change how we wait forever? When you order a Lyft or Uber, you get texts every few minutes about your car approaching and arriving. When you have a package coming, you get a notification when it’s
How investing is getting riskier (Two Indicators)
Margin borrowing and sports gambling “investments” are both on the rise! Today on the show, two stories from Planet Money’s daily podcast The Indicator about the ways investing is changing, and getting riskier. According to one study, more
The loan at the heart of a new foreclosure crisis
There is a new type of loan that is sweeping through the country right now. It’s advertised as a super quick and super easy way to get a mortgage to buy a home. In recent years, Wall Street has been funneling billions of dollars into these
Cost-cutting, quiet guilt and the inflation generation
In this economy it is boom times and doom times all at once. The statistics aren’t really capturing it. K-shaped only goes so far as a metaphor. So … we asked you to help. And you delivered! One one hand, the stock market is on a prolonged,
Trump drinks Venezuela’s milkshake
One week ago, President Trump announced (https://truthsocial.com/@realDonaldTrump/posts/117175567133618952) a deal that would give the “U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the Amer
Love in the time of Palantir
To a lot of people, Palantir is a mystery — what does the company know, what data do they have, and (if they have it) what do they do with it all? We dig into that mystery and take you to a singles event to see if Big Data is good for Big D
Dolly Parton’s “9 to 5,” the true story behind the anthem (bonus)
The brilliance of "9 to 5" is that it is catchy even though it’s also kinda depressing. You will be dancing along. You're enjoying it. And, then when you really listen to the lyrics, you're like, Wait, this is messed up. This is real. This
Branded fruit: How produce got “Honeycrisp-ified"
The produce aisle is changing. You’ve noticed this, I’m sure. It is now full of superstar fruits and vegetables: The Honeycrisp apple, The Cotton Candy grape, The Cuties mandarin orange. They stand out. They cost more. They have branding an
The continent nobody owns & everyone benefits from (Summer School)
This episode is packed with your best economic ideas from around the world and a penguin interview. It all comes together in this final session of Summer School 2026. Pack your parka, we’re headed to Antarctica. First, we’ll travel back in
Who decides what big box sells? Our GAME got us answers
There’s a room where the fates of retail products are decided. Will they make it onto the shelves of the big box stores? Usually the rest of us can’t get inside the room where decisions are made – until now! Today on the show, we pitch the
Getting entrepreneurial in Korea (Summer School)
This week’s stop on our world tour - Korea. A country divided into two very different power structures since the end of WWII. Today South Korea is the maker of some of the world’s favorite exports – from Samsung TV’s to BTS. But 75 years ag
You bet your life insurance
Some of the biggest firms on Wall Street are, at this very moment, waiting for thousands of strangers to die to reap their returns. Because there’s a market for life insurance policies. And it’s legal. You don’t have to actually die to get
Currency Chaos in Argentina (Summer School)
Just about everyone in Argentina is an expert in inflation and whether they like it or not, economic flexibility. Can we learn from them? Over the years, we at Planet Money have checked in on Argentina as it tried to recover from economic c
Older workers aren’t retiring. Should they be forced to?
When workers past retirement age can’t afford to retire — that’s one thing. When they can, and just don’t want to — that’s trickier. It used to be legal to force people to retire when they hit a certain age. The trend used to be earlier and
Sand heists and property rights in the Caribbean (Summer School)
Imagine a nation where, for the residents, land is for the claiming. You walk down the street, pick out a nice looking plot of land, and just plop down a marker. No rent, no taxes, no deed – just free land. That’s the communal system of pro
What makes a toy go viral
Squishy, slimy, fidgety toys are having a moment. But it’s more than just an anxiety-soothing, social-media fueled trend – these toys are reshaping how toys get made. Today on the show, we have the story of the once-humble squishy dumpling
How to beat the resource curse in Norway (Summer School)
Let’s call it the luxury of restraint. This is what enabled Norway to avoid the fate of so many other countries when they discovered oil and it changed the mix of their economy overnight. Norway! It’s expensive, wealthy, and abundant in res
Piles of cash and a town of solutions in Kenya, Nigeria (Summer School)
Let’s head to a small town in Kenya that’s become globally famous for helping economists answer some of the biggest questions facing humanity. In Kenya and Nigeria, economics isn’t just theory, it’s real life. We’ll look at some radical exp