Planet Money

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 shipped, when it’s en route, and when it’s out for delivery. Why do so many companies send these constant updates? We have a theory: It’s because of Domino’s. In 2008, Domino’s launched the Pizza Tracker, a novel tool that delighted customers by allowing them

32m 22s

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 than half of Gen Zers are using investment dollars for sports gambling. On average, this is not a smart strategy for the long term. It might be that sports betting today is like day trading was for a previous generation of young investors: something a lot of y

18m 5s

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 loans. But these loans are also raising questions. Are they a financial innovation that’s helping the housing market? Or ... a sign that Wall Street might be forgetting the mistakes that led to the Global Financial Crisis? On today’s show, we head to Baltimore

29m 9s

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, upward trajectory. Unemployment is low and inflation has come down from its peak. But on the other hand, inflation is frustratingly sticky and higher than we want, job turnover is extremely low making looking for work an endless grind, and more than 75% of Am

24m 6s

One week ago, President Trump announced 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 American Taxpayer.” The exact nature of this deal has been … obscure, to say the least. But today, we wanted to know, from someone who’s been through this before, what does this mean for Venezuela? José Ángel Pereira Ruimwyk is both optimistic … and wary. He’s a longtime Venezuelan oil insider. When Venezuela invited in foreigners

25m 27s

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 Dating. That event, deep in the heart of Manhattan, is called: “Singles Dating Matching Using Palantir Data.” The evening promised: “Data analysis!” and “Pattern matching!” We decided that we needed to know more. Read: - Our book: Planet Money: A Guide to the E

25m 47s

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 is a problem we need to fix. Like, why does it have to be this way? That is the spirit of the song, why it became an anthem, and the heart of the movie 9 to 5 . There’s so much to say about Dolly Parton, about her music, acting career, her business savvy, not

22m 54s

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 and sometimes trademarks and patent-ish kinds of protections. And now – it’s happening in the tomato bin too! Where once there were just plain old cherry or grape tomatoes, now there are Sugar Bombs, and Flavor Bombs, and Lolli Bombs and Sprinkles. Today, we are

33m 43s

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 time to the late 1970s when NPR was a scrappy young network, with a synth soundtrack , and tons of heart. Science reporter Ira Flatow took a trip to the South Pole that put NPR on the news industry map. We’ll hear an excerpt where he brings us along through wh

40m 44s

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 Planet Money game, Sell Me a Sasquatch, to big box retailers. We go behind the scenes to learn about how products end up on big box store shelves, what’s going on inside the minds of the deciders, and find out our board game’s fate. Learn more about the story

37m 58s

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 ago it was a much different story. How the textile industry and a partnership with Bangladesh lifted the country out of poverty and paved the way for rapid economic growth. Then later in this episode – how entrepreneurial endeavors look different on the other si

40m 8s

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 some of your life insurance money. Thanks to a secondary market for life insurance policies, you might be able to claw back money from beyond the grave. You just sell your policy to an investor. So when you die, the payout goes to them, instead of your family

38m 43s

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 collapse in 2001 and 2002, and as inflation shot up and the country defaulted on its debts. This week on our Summer School World Tour, we fly to Buenos Aires, mapping the moves of their economy through the eyes of people who live there – from tango classes and

39m 24s

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 earlier retirement. Now it’s later and later retirement. And younger workers say it’s impacting their career advancement and their ability to save for their own retirement. At the same time, older workers are living longer, Social Security and Medicare fundin

34m 3s

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 property rights that governed a small Caribbean island for over a century. This week on our Summer School World Tour we make port on the small economies of island nations, a great place to explore how different experiments play out. Every small change – the good

40m 16s

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 and what it teaches us about how to make a viral hit and how to manufacture it, without getting left holding the bag. Hear it all firsthand from the creator of this trendy toy. Read: Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life O

25m 35s

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 resources. We’re going to compare two of them in particular today: deep reservoirs of oil and icy waters full of salmon. While one resource was heavily in demand, the country had an oversupply of the other. In this episode, we learn how Norway built its wealth by

38m 55s

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 experiments that turned out to be enormously successful. What are the building blocks of health, education and prosperity for all? How does a nation grow rich? What is the most effective way to spend a dollar to fight poverty? We find answers in a town that becam

38m 38s

The cyclospora outbreak that’s sickening thousands of Americans got us interested in the rise of Big Lettuce, and the challenges of keeping it clean. So on today’s show, we tell you just how much lettuce Americans eat every year (SO MUCH!), how bagged lettuce came to dominate grocery store shelves, what that means for food safety, and why these outbreaks continue to happen — despite the FDA’s efforts to stop them. Check out other related episodes: Food Scare Squad How refrigeration took over the

25m 36s

In the summer of 2020, sixteen-year-old Antonio Mays Jr. traveled a thousand miles to join the racial justice movement of his generation in the wake of George Floyd's killing. Antonio arrived in Seattle during the Capitol Hill Occupied Protest, known as CHOP. Less than a week later, he was shot and killed there. The case remains unsolved. In this eight-part series, hosts Sydney Brownstone of The Seattle Times and Will James of KUOW team up with NPR's Embedded to investigate Antonio's death. They

3m 22s

As the World Cup comes to a close, so does a massive real-time experiment happening just around the edges. Major League Soccer – the top men’s professional soccer league in the U.S. and Canada – has been scrambling to take advantage of this once-in-a-generation opportunity when average American sports fans suddenly cared a lot about soccer. In between World Cup matches, NPR Sports Correspondent Becky Sullivan has been following Major League Soccer executives as they try to figure out how best to

26m 7s

China’s turbocharged growth may have made it rich, but now it has to deal with rich country problems. High-speed trains that connect every town. Gleaming new bridges and skyscrapers. An apartment (or two) for every family. No country on Earth has seen the kind of economic growth that China has over the last 50 years. China has become the factory to the world, a grand experiment in central government planning mixed with personal ambition. It was all enabled by what our guide for today calls, an e

38m 41s

Once upon a time, if you wanted to buy a luxury brand item secondhand (say, a Chanel handbag) you had to have an in. There was no easy way to find one. But over the past decade, the market for secondhand luxury goods has exploded. There are now many online resellers where you can shop for used and discounted luxury items. One big problem — how can you be sure if it’s real and authentic? Some online resellers claim to have solved this problem. They say they’ve developed a process of authenticatio

25m 38s

Come along as we travel the world in search of the best economic ideas to bring home! From the beaches of Barbuda to the fjords of Norway, there's money (and money problems) everywhere. For this summer travel season, Planet Money Summer School will take you on a world tour for your ears. Pack that sense of wonder and nose for adventure, this is our semester abroad. We’re going to explore exotic locales and discover cultural norms, but we’re also going to buckle down and learn the biggest economi

37m 12s

Lionel Messi is arguably the greatest soccer scorer of all time. But when it comes to penalty kicks, Messi is merely average. Why? Maybe the answer involves game theory. According to game theory, there’s an optimal strategy for taking penalty kicks. This strategy involves an idea that was once somewhat controversial in economics — that is, until economists started studying soccer players in real life. On today's show, we kick it over to the hosts of the Soccernomics podcast to explain how game t

17m 57s

Will limiting how much students can borrow force schools to lower their prices? The Department of Education thinks so. It has a new plan to bring down tuition costs. Starting today, July 1st, it’s going to cap how much it’s willing to loan to graduate students. You read that right. To reduce the burden of school…the plan is to give students less money to pay for school. This plan is, in part, based on an idea that’s been floating around higher education circles for decades: The Bennett Hypothesi

28m 39s

In the early 90’s, a company called General Magic began working on a portable device that would allow people to check email, make phone calls, even play games. It was basically a smartphone. But it never caught on. On today’s show, a theory about why this device failed. General Magic had generous investors, world-class talent and creative freedom. But is it possible what they needed was constraints? Further reading and viewing: David Epstein’s book is Inside the Box: How Constraints Make Us Bett

26m 52s

Prediction markets aren’t new. Election betting was common until the 1940s, then mysteriously faded away. There was an entire political era when party bosses were expected to conspicuously gamble on their candidates (even if they secretly hedged). And in the 1980s, a few economists designed an election market that beat out election polling 74 percent of the time. Today, we’re running an excerpt from our friends at Throughline , NPR’s excellent history podcast. Subscribe right now if you don’t al

22m 57s

Maybe the real monster in the Alien franchise isn’t actually the killer alien. Because behind the acid blood and jump scares is an even more insidious horror: a single employer with unchecked power. That employer is named Weyland-Yutani, a mega-corporation that dominates workers across the galaxy. Weyland-Yutani is a sort of extreme example of what economists call a monopsony — when one employer dominates a labor market and gains power to underpay and mistreat workers. Sure, it’s science fiction

32m 30s

The cyber weapon that might have prevented nuclear war. The U.S. and Israel have long been in conflict with Iran over their nuclear development program. Some of that conflict has been out in the open, with bombs and blockades, but some of it has been invisible. Recently some security researchers discovered a cyberweapon likely tied to that invisible conflict. It looks like it was designed to hide on nuclear scientists computers, then throw off their calculations--just as they got close to achiev

29m 42s