416 episodes

Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy – understand the world.Wanna go deeper? Subscribe to Planet Money+ and get sponsor-free episodes of Planet Money, The Indicator, and Planet Money Summer School. Plus access to bonus content. It's a new way to support the show you love. Learn more at plus.npr.org/planetmoney

Planet Money Planet Money

    • Business
    • 4.8 • 37 Ratings

Listen on Apple Podcasts
Requires subscription and macOS 11.4 or higher

Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy – understand the world.Wanna go deeper? Subscribe to Planet Money+ and get sponsor-free episodes of Planet Money, The Indicator, and Planet Money Summer School. Plus access to bonus content. It's a new way to support the show you love. Learn more at plus.npr.org/planetmoney

Listen on Apple Podcasts
Requires subscription and macOS 11.4 or higher

    The history of light (classic)

    The history of light (classic)

    For thousands of years, getting light was a huge hassle. You had to make candles from scratch. This is not as romantic as it sounds. You had to get a cow, raise the cow, feed the cow, kill the cow, get the fat out of the cow, cook the fat, dip wicks into the fat. All that--for not very much light. Now, if we want to light a whole room, we just flip a switch.

    The history of light explains why the world today is the way it is. It explains why we aren't all subsistence farmers, and why we can afford to have artists and massage therapists and plumbers. (And, yes, people who make podcasts about the history of light.) The history of light is the history of economic growth--of things getting faster, cheaper, and more efficient.

    On today's show: How we got from dim little candles made out of cow fat, to as much light as we want at the flick of a switch.

    Today's show was hosted by Jacob Goldstein and David Kestenbaum. It was originally produced by Caitlin Kenney and Damiano Marchetti. Today's rerun was produced by James Sneed, and edited by Jenny Lawton. It was fact-checked by Sierra Juarez. Engineering by Valentina Rodríguez Sánchez. Alex Goldmark is Planet Money's executive producer.

    Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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    • 21 min
    How the FBI's fake cell phone company put criminals into real jail cells

    How the FBI's fake cell phone company put criminals into real jail cells

    There is a constant arms race between law enforcement and criminals, especially when it comes to technology. For years, law enforcement has been frustrated with encrypted messaging apps, like Signal and Telegram. And law enforcement has been even more frustrated by encrypted phones, specifically designed to thwart authorities from snooping.

    But in 2018, in a story that seems like it's straight out of a spy novel, the FBI was approached with an offer: Would they like to get into the encrypted cell phone business? What if they could convince criminals to use their phones to plan and document their crimes — all while the FBI was secretly watching? It could be an unprecedented peek into the criminal underground.

    To pull off this massive sting operation, the FBI needed to design a cell phone that criminals wanted to use and adopt. Their mission: to make a tech platform for the criminal underworld. And in many ways, the FBI's journey was filled with all the hallmarks of many Silicon Valley start-ups.

    On this show, we talk with journalist Joseph Cox, who wrote a new book about the FBI's cell phone business, called Dark Wire. And we hear from the federal prosecutor who became an unlikely tech company founder. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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    • 23 min
    So you've been scammed, now what?

    So you've been scammed, now what?

    We are living in a kind of golden age for online fraudsters. As the number of apps and services for storing and sending money has exploded – so too have the schemes that bad actors have cooked up to steal that money. Every year, we hear more and more stories of financial heartbreak. What you don't often hear about is what happens after the scam?

    On today's show, we follow one woman who was scammed out of over $800,000 on her quest to get her money back. That journey takes her from the halls of the FBI to the fraud departments of some of the country's biggest financial institutions. And it offers a window into how the systems that are theoretically designed to help the victims of financial cybercrime actually work in practice.

    This episode was hosted by Alexi Horowitz-Ghazi and Jeff Guo. It was produced by Willa Rubin and edited by Keith Romer. It was engineered by Neal Rauch and fact-checked by Sierra Juarez. Alex Goldmark is Planet Money's executive producer.

    Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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    • 27 min
    Joseph Stiglitz on 'progressive capitalism' and redefining 'freedom' (PM+)

    Joseph Stiglitz on 'progressive capitalism' and redefining 'freedom' (PM+)

    For a long time, some politicians have sold lower taxes, fewer regulations, and smaller government as integral to enhancing freedom. Nobel-prize-winning economist Joseph Stiglitz, in a new book, opposes that view and argues it's paved the way to a dangerous political era. In this bonus episode, Stiglitz shares his vision of "freedom" and of government playing a more active role in the economy. It's another edition of Behind The Newsletter, where Greg Rosalsky shares his interviews with policy makers and economists who appear in the Planet Money newsletter.You can sign up for the The Planet Money Newsletter and check out past editions here:https://www.npr.org/planetmoneynewsletterShow your support for Planet Money and the reporting we do by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org. You'll be able to unlock this episode and other great bonus content. Regular episodes remain free to listen!Email the show at planetmoney@npr.org.

    The junkyard economist

    The junkyard economist

    On today's episode, we ride through the streets of San Francisco with a long-time junkman, Jon Rolston.

    Jon has spent the last two decades clearing out houses and offices of their junk. He's found all sorts of items: a life-time supply of toilet paper, gold rings, $20,000 in cash. Over the years, he's developed a keen eye for what has value and what might sell. He's become a kind of trash savant.

    As we ride with Jon, he shows us the whole ecosystem of how our reusable trash gets dealt with — from metals (ferrous and non-ferrous) to tires to cardboard. And we see how our junk can sometimes get a second chance at life.

    If you can understand the junk market like Jon, you can understand dozens of trends in our economy.

    This episode was hosted by Erika Beras and James Sneed, and produced by James Sneed with help from Emma Peaslee. It was edited by Jess Jiang. Engineering by Josh Newell. It was fact-checked by Sierra Juarez. Alex Goldmark is Planet Money's executive producer.

    Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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    • 25 min
    Anatomy of a layoff

    Anatomy of a layoff

    By one estimate, 40 percent of American workers get laid off at least once in their careers. And when that happens, companies will often say, "It's not personal. It has nothing to do with you or your performance. We're just changing priorities, making a strategic shift."

    It's like the business version of: "It's not you, it's me." And just like a breakup, it feels terrible.

    This happened to a man we're calling V, who was working at the same company as his husband when he got laid off. And for V, the experience felt shocking. It left him and his husband with a lot of unresolved questions.

    On today's show, the story of that layoff. And we help that couple get some answers by taking their questions to an HR expert who gives the low-down on lay-offs.

    This story is adapted from a 3-part series on layoffs produced by Yowei Shaw for her show, Proxy. The layoff series was edited by John DeLore with research and reporting help from Kim Nederveen Pieterse. You can listen to the full layoff series from Proxy wherever you get your podcasts, and you can support the show and find out more by going to patreon.com/proxypodcast. And you can check out her original song "Gold Star" on Spotify and YouTube.

    Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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    • 27 min

Customer Reviews

4.8 out of 5
37 Ratings

37 Ratings

vitor.fs ,

Best podcast

By far my favorite podcast. Always informative and fun to listen.

AppBemmu ,

Financial entertainment

Probably the most entertaining way financial stuff can be covered. Excellent clarity and interesting content. Top choice for bike trips.

Teuvolee ,

Best ever!

Been listening for years! Most informative podcast ever for regular folks.

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