Planet Money Summer School

Economics is a game you should know how to play. And once you get the fundamental concepts, you start to see it everywhere: the news, the supermarket and even your dating life. So it's time to learn the rules. Planet Money Summer School is a crash course in economics for your ears. See the world through the lens of an economist and you'll start to feel a little less overwhelmed when making financial decisions. And if you're in front of the classroom? Teachers, this is made for you, too. Let us be your breezy and fun companion to assigned readings. We'll even assign the homework (and spare you the groans). Go beyond summer school and stay up-to-date on the economy with the latest episodes of the Planet Money podcast. Support public media by joining NPR+ at plus.npr.org. You’ll get perks for over 25 NPR podcasts, including bonus episodes and sponsor-free listening for Planet Money.

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  1. 2d ago

    World Tour 8: The continent nobody owns & everyone benefits from

    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 what life is like on the ice, including a memorable interview with the wildlife. Then we look inside McMurdo Station, the largest human settlement and research base on Antarctica to hear from a listener who managed the store at the base back in the 1980s. Normal retail rules do not apply. We’ll also speak with an economist who has estimated the continent’s monetary value, while asking questions like “why put a price tag on this uninhabitable land”? She makes the case we should consider the environmental benefit as a service. But, we can’t let the episode and the series wrap without marking our achievements! You did it! As part of our graduation celebration, we hear from your fellow members of the summer school class of 2026. Listeners like you who have written in from around the globe with provocative economic ideas that could make life better for all of us if we just have the will to do it. Man did you all deliver on sending in ideas. We’ve curated our favorites. Way better than speeches. And don’t forget your totally real, but not legal, diploma by taking our short online test. Don’t worry if you need a refresher, catch up on past seasons of Planet Money Summer School here. Featured Episodes: The unexpected sounds of Antarctica (1979)A visit to McMurdo Station in Antarctica (1979)Featured Terms: Ecosystem as a service Consórcios (a type of ROSCA, a Rotating Savings and Credit Association)Social housingNatural capitalSupport: NPR+ (sponsor-free listening & bonus episodes) And please click “follow” in your podcast app so you don’t miss an episode. NPR+Read:  Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterFollow:  InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Schuyler Swenson and Sophia Paliza-Carre and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Charlotte Isidore and engineered by Annlie Huang. Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. Planet Money's perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 8: The continent nobody owns & everyone benefits from
  2. Aug 19

    World Tour 7: Getting entrepreneurial in Korea

    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 side of the 38th parallel. We’ll follow a woman who started her own small business selling goods in North Korea. How are the Donju, members of the affluent entrepreneurial class, faring and can capitalism exist in a highly restrictive socialist society? Featured Episodes: Richard Nixon, Kimchi and the first clothing factory in Bangladesh (2013)North Korea's Capitalists (2017) Featured Terms:  VolatilityInflation expectationsCapital controlsAusterity Support: NPR+ (sponsor-free listening & bonus episodes) And please click “follow” in your podcast app so you don’t miss an episode. Read:  Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletter Follow:  InstagramTikTokYouTubeFacebook This episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Schuyler Swenson and Sophia Paliza-Carre and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Charlotte Isidore and engineered by Annlie Huang. Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. Planet Money's perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 7: Getting entrepreneurial in Korea
  3. Aug 12

    World Tour 6: Currency Chaos in Argentina

    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 shoe shopping to a Coldplay concert that sparked a special exchange rate.  We’ll consider the different attempts from the government to staunch inflation and why they’ve led to so many unintended consequences. But the heart of this week’s trip is the resilience of everyday economic actors, regular people. When the value of your currency is so in flux, average people become monetary contortionists just to navigate work, shopping, saving and to keep small businesses afloat. This adaptability becomes a special kind of skill and wisdom. So, we’re harvesting that everyday economic insight for tips on how we can all face uncertainty a little better. And, to appreciate the high costs of volatility.  Featured Episodes: Messi economics (2022)A black market, a currency crisis and a tango competition in Argentina (2023)The high cost of a strong dollar (2022) Featured Terms:  VolatilityInflation expectationsCapital controlsAusterity Support: NPR+ (sponsor-free listening & bonus episodes) And please click “follow” in your podcast app so you don’t miss an episode. Read:  Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletter Follow:  InstagramTikTokYouTubeFacebook This episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre and Schuyler Swenson and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Sierra Juarez and engineered by Jimmy Keeley. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 6: Currency Chaos in Argentina
  4. Aug 5

    World Tour 5: Sand heists and property rights in the Caribbean

    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 and the bad – has big consequences. First, the fascinating test case on the island of Barbuda, where the people there have found a way to run things without the usual, formal land rights. Then, we consider the vulnerabilities of small nations as we dig into a mysterious sand heist in Jamaica. A stolen beach – yes, you read that right – and something called “sand forensics” reveal the importance of this seemingly infinite resource and the challenges of protecting public spaces when there’s money to be made. Along the way we found ourselves asking: Does property have to be private? What happens when it’s not? How can you protect scarce resources when they’re part of the vast, public spaces everyone shares? Featured Episodes:The Island No One Owns (2020)Peak Sand (2018)Featured Terms:Tragedy of the commonsProperty rightsPath dependenceOwnership in common Support:NPR+ (sponsor-free listening & bonus episodes) And please click “follow” in your podcast app so you don’t miss an episode. Read:  Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterFollow: InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Leyla Doss and engineered by Annlie Huang. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 5: Sand heists and property rights in the Caribbean
  5. Jul 29

    World Tour 4: How to beat the resource curse in Norway

    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 carefully avoiding the pitfalls of discovering oil that have plagued countries in the past and how it creatively created demand for its raw fish abroad. How do you dodge the dreaded resource curse? What clever ways can you benefit from oversupply? And lastly, how do you get rich and stay that way? Featured Episodes:Norway Has Advice For Libya (2011)The Salmon Taboo (2015)Featured Terms:Resource curse / Dutch disease / paradox of plentyCoordination problemFree-rider problemSupport:NPR+Read: Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterFollow: InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre and edited by Planet Money Executive Producer Alex Goldmark. It was fact-checked by Sierra Juarez and engineered by Cena Loffredo with help from Annlie Huang and Robert Rodriguez. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 4: How to beat the resource curse in Norway
  6. Jul 24

    World Tour 3: Piles of cash and a town of solutions in Kenya, Nigeria

    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 became the laboratory for new concepts in economic research that netted some researchers the most prestigious prize in economics. Featured Episodes:How randomized trials and the town of Busia, Kenya changed economics (2023)Nigeria, You Win! (2016)Featured Terms:Randomized controlled trialHuman capitalMissing middleSupport:Planet Money+Read: Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterFollow: InstagramTikTokYouTubeFacebookThe series is hosted by Robert Smith and produced by Sophia Paliza-Carre. This episode was edited by Planet Money Executive Producer Alex Goldmark. This episode was fact-checked by Leyla Doss, with engineering by Annlie Huang. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 3: Piles of cash and a town of solutions in Kenya, Nigeria
  7. Jul 15

    World Tour 2: Building things and breaking things in China

    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 engineering state, a central planning mindset where leaders believe they can engineer their way out of economic problems. And problems are mounting.  Today on the show, the perils of prosperity and the despair of success as China deals with overbuilding.  We’ll travel back to China’s free-wheeling boom-era of the early 2000s and hang out with a property developer who amassed his wealth at the center of the action – private jet rides, thousand-dollar fish soup, casual bribes. Then, as the economy slows, we ask what can we learn from the despair of success. Does rising youth unemployment signal a less prosperous future? With young people struggling to find white-collar jobs, some of them are opting out of work altogether.  Featured Episodes:China’s real estate crisis, explained (2023) Young, “spoiled and miserable” in China (2023) Featured Terms: Socialism with Chinese CharacteristicsEngineering StateMalinvestment Support:Planet Money+Read: Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterDan Wang’s book: Breakneck: China's Quest to Engineer the Future Follow: InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre, fact-checked by Sierra Juarez, and engineered by Maggie Luthar. This episode was edited by Planet Money Executive Producer Alex Goldmark. Music: NPR Source Audio - "Setting up," "Almost Anywhere," "Malibu Sunsets," "Dust or Smoke," "This New Year Sham." See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 2: Building things and breaking things in China
  8. Jul 8

    World Tour 1: Finding the world’s best economic ideas

    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 economic lessons around the world from our guides. We start as far away as you can get from Planet Money headquarters, New Zealand and Australia. We’ll visit a sheep farm to observe an innovative but controversial market for the most important substance on earth, and we’ll ask when do speculators help and when do they hurt the rest of us? Then, we’ll get to know the economist – and jazz musician – who changed how the entire world fights inflation when he released a secret number to tame the dreaded wild beast. How did that work? Spoiler: it was the great leap forward in economic mind tricks. Featured Episodes:Liquid Markets (2021)The Secret Target (2018)Featured Terms:Multiple equilibriaInflation targetingSpeculators (impact on liquidity)Support:Planet Money+Read: Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here) Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterFollow: InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre, fact-checked by Sierra Juarez, and engineered by Annlie Huang with help from Robert Rodriguez. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy

    World Tour 1: Finding the world’s best economic ideas

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About

Economics is a game you should know how to play. And once you get the fundamental concepts, you start to see it everywhere: the news, the supermarket and even your dating life. So it's time to learn the rules. Planet Money Summer School is a crash course in economics for your ears. See the world through the lens of an economist and you'll start to feel a little less overwhelmed when making financial decisions. And if you're in front of the classroom? Teachers, this is made for you, too. Let us be your breezy and fun companion to assigned readings. We'll even assign the homework (and spare you the groans). Go beyond summer school and stay up-to-date on the economy with the latest episodes of the Planet Money podcast. Support public media by joining NPR+ at plus.npr.org. You’ll get perks for over 25 NPR podcasts, including bonus episodes and sponsor-free listening for Planet Money.

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