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BOOKstore Economics
How do bookstores choose the books they stock, and how does that affect what customers read? It may not seem like it, but every shelf in a bookstore is a highly valuable and contested piece of commercial real estate. And for every new book
A pro-worker experiment in private equity
Live event info and tickets here. (https://tix.to/pm-book-tour) If your company got bought by a private equity firm, how would you feel? Maybe a little nervous? You might find yourself wondering if there will be layoffs. And you’d be right
Reese’s heir vs. chocolate skimpflation
Live event info and tickets here. (https://tix.to/pm-book-tour) When ingredient costs skyrocket, companies have three basic options: They can raise their prices (a sort of product-specific inflation), shrink the size of the products (often
Dark times for Cuba’s economic experiment
Live event info and tickets here. (https://tix.to/pm-book-tour) For more than 60 years, Cuba has survived on two seemingly contradictory economic strategies: leaning on friendly communist and socialist countries, and flirting with capitalis
The skyscrapers that NIMBYs and zoning couldn't stop
LIVE SHOW TOUR INFO HERE. New stories, live tapings, special guests, book signings and more. (https://tix.to/pm-book-tour) What would you build on a piece of land when all the normal rules go out the window? On today’s show, how the Squamis
Our BOOK vs. the global supply chain
When you come across a book at a yard sale or a bookstore, you might pay more attention to the words between the covers than the physical form of the book itself. But content and the form are both crucial to a book’s success. Each book you
Inside a BOOK auction
In the age of TikTok and Polymarket, it can be easy to overlook the humble book. But books are one of the most influential technologies ever invented. From “The Wealth of Nations” to “Das Kapital,” books have the power to shape whole econom
The little pet fish that saved a town in the Amazon
The cardinal tetra is one of the most popular pet fish in the world. They look like little red and blue sequins. You've almost certainly seen them at the pet store or the fish tank at your dentist's office. They're everywhere. Not so long a
Chef vs. Robot
Robby the chef has lots of endearing qualities. He can make over 5000 dishes, he’s a consistent cook, and he’s never late for work. But he’s not a human. It is a 750 lb. stainless steel robot. With a rotating wok at its center. It’s a wok-b
The laws of the office revisited
Live event info and tickets here. (https://tix.to/pm-book-tour) If something is going wrong in your workplace, there's probably a law that explains why. Meetings always seem long, and never end early? There’s Parkinson’s Law, which says wor
Planet Money vs. the NBA’s tanking problem
What do we want from sports? The very best athletes competing as hard as they know how, putting all their effort and training and natural ability to the test against their opponents. But this time of year, that’s not the product the NBA is
The Business of Heated Rivalry
Heated Rivalry, the steamy hockey romance show, was made for about $2 million per episode. That is remarkably cheap for an hour-long drama. Today on the show, a conversation with Heated Rivalry creators Jacob Tierney and Brendan Brady about
Don't hate the replicator, hate the game
The world of science has been stuck in an existential crisis over whether we actually know the things we thought we knew. Re-running an old study today doesn't always yield the same result. Same with re-enacting old experiments. Collectivel
The ICE hiring boom
Live event info and tickets here (https://tix.to/pm-book-tour). ICE is scaling up, with rapid new hiring. So we ask, has training new officers changed? At what cost? Also, the Trump administration has plans to pour billions of dollars into
The Supreme Court struck down a bunch of Trump's tariffs. Now what?
Live event info and tickets here. (https://tix.to/pm-book-tour) The Supreme Court has spoken. Those big, sweeping tariffs that President Trump imposed early last year? They’re illegal. On today’s show: Why were those tariffs struck down? Wi
How to get what Greenland has, with permission
Book tour and ticket info here. (https://tix.to/pm-book-tour) Greenland has said it is not for sale. Denmark has said it can’t even legally sell Greenland. And at a security conference in Munich over the weekend, U.S. lawmakers spent a lot
Betty Boop, Excel Olympics, Penny-isms: Our 2026 Valentines
Book tour event details and ticket info here (https://tix.to/pm-book-tour). An iconic cartoon character liberated from copyright, journalism from the world of competitive spreadsheeting, a controversial piece of US currency. Each year the P
The Invention Invention
Book tour tickets and details here (https://tix.to/pm-book-tour). Today, the story of three inventions. The first, the sewing machine, was created by a selfish and ambitious inventor who wanted all the credit and was willing to fight a war
Iran, protests, and sanctions
Book tour tickets and details here (https://tix.to/pm-book-tour). The recent protests in Iran are about so many things. Human rights, corruption, freedom. But this time – they are also motivated by economic hardship. Hardship caused, in par
Riding with the repo man (update)
Planet Money book tour ticket info and dates here (https://www.planetmoneybook.com/). A record number of Americans with poor or just okay credit are behind on their car payments. And once last year’s numbers are tallied, an estimated 3 mill
Can Trump make buying a home more affordable?
Book tour dates and ticket info here (https://www.planetmoneybook.com/). Housing is too expensive. Everyone knows this. Democrats know that talking about it plays well with voters. And now – in a midterm election year – President Donald Tru
Can transforming neighborhoods help kids escape poverty?
In the 1990s, Congress created HOPE VI, a program that demolished old public housing projects and replaced them with more up-to-date ones. But the program went further than just improving public housing buildings. HOPE VI was designed to tr
A trip to the magic mushroom megachurch
Book tour dates and ticket info here (https://www.planetmoneybook.com/). Just as every market has its first movers, every religion has its martyrs — the people willing to risk everything for what they believe. Pastor Dave Hodges just might
When designing a GAME, what's in a name?
Planet Money has teamed up with the company Exploding Kittens to make a board game inspired by the legendary economics paper The Market for Lemons. We’ve decided we want a mass-appeal party game that quietly sneaks in the economics, so that
Chevron, Venezuela and the Paradox of Plenty
Venezuela and Chevron have perhaps one of the strangest partnerships … ever? Chevron, one of the world’s most famous and profitable oil corporations, has for decades, been plugging away in Venezuela, one of the world’s most famous and infam
How much money President Trump and his family have made
Before President Donald Trump’s first term, he was in a “tight spot” financially, according to New Yorker writer David Kirkpatrick. At the start of his second term, David says, Trump was in an “even tighter” spot. But after just six months
So are we in an AI bubble? Here are clues to look for.
Are we in an AI bubble? That’s the $35 trillion dollar question right now as the stock market soars higher and higher. The problem is that bubbles are famously hard to spot. But some economists say they may have found some telltale clues. O
How Black hair care grew Black power
The Afro is one of the most iconic hairstyles of the last century. And one of its main ingredients was a hair product – Afro Sheen. But Afro Sheen did so much more than make Black afros shine. It was the money behind the television show Sou
Venezuela’s recent economic history (Update)
We’ve been checking in on the economic conditions in Venezuela for about a decade now. In response to the U.S. strike and the capture of Venezuelan president Nicolás Maduro this weekend, we’re re-surfacing this episode with an update. The o
Indicators of the Year, Past and Future
2025 is finally over. It was a wild year for the U.S. economy. Tariffs transformed global trading, consumer sentiment hit near-historic lows, and stocks hit dramatic new heights! So … which of these economic stories defined the year? We wil
