The Indicator from Planet Money Planet Money

Peer into the crystal ball with Kalshi.com. Will inflation stay high? Will daylight saving time become permanent? Place your bets.

Today on the show, why colleges and high school Advanced Placement Macroeconomics classes had to rip out old textbook pages and write a new chapter.

The economy cooled off a bit, but inflation is still really, really high. But, not all goods and services respond the same to a high inflation environment. Today on the show, we're talking about sticky prices, bonds, and that old chestnut, transitory inflation.

The Inflation Reduction Act has it all, from fighting climate change to cutting drug prices. But today, we're zooming in on one aspect of the bill. The changes to corporate taxes.

Not all recessions are created equal. Some look like Vs, while others look like Ks. But the scariest one of all is the L-shaped recession. Travel back to Japan's "Lost Decade" with us to understand why.

The cost of pharmaceuticals has been rising for years, well before inflation became the big economic talking point. Today on the show, why some policymakers suspect an obscure middleman is partly to blame.