Planet Money

It's macro time! Today: Keynes vs. Hayek. Season 3 of summer school is here asking the biggest economic questions about what makes an entire economy grow or contract? Things like, is there a "right" level of unemployment? Who gains from trade? What rhymes with 'paradox of thrift'? Also, inflation, we'll get to inflation. Episode 1 begins with the rise of macroeconomics as a field, with one of the great economic debates of the 20th century: what causes booms and busts, and what can the government do about it? How free should a free market be? It's a debate (over beats and with an actual rap battle) between John Maynard Keynes and F.A Hayek.Watch this Tik Tok to learn more. | Subscribe to our weekly newsletter here. | Listen to past seasons of Summer School here. | Listen to our econ songs of the summer on Spotify. |Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

There's a movement underway in Georgia. More and more communities around Atlanta are choosing to keep their tax dollars very local, and become their own cities. It's a story about equity and exclusion – and also potholes. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Two stories of consternation from inside the crypto world. Can a crypto crash spread to the wider economy? How does contagion work? And ... why has crypto had such appeal with Black investors? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

On today's show: the Watergate scandal you haven't heard about – that led directly to Citizens United and multi-billion dollar elections. | Subscribe to our weekly newsletter here. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In the early 90s, Subaru was struggling to stand out in a crowded automobile market. In their greatest time of need, they turned to an unlikely ally: lesbians | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Whenever the economic data start to look rough, we're forced to confront a familiar question: Are we in a recession, or about to be? But there are actually only eight opinions in the country that officially matter. Today on the show, we meet the committee that calls recessions. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

How one man's quest to dominate the onion market changed commodities trading, and potentially how much you pay at the grocery store, forever. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

The last few months have made us acutely aware of inflation. We all agree that it's making our lives harder, but economists disagree about what's causing it. | Fill out our listener survey: npr.org/podcastsurvey Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

For many Americans, desk lunches are the norm. You might even be having one right now. But what if it didn't have to be this way? | Fill out our listener survey here Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Years ago advertising was dominated by cars and beer. Today on the show, how a simple slogan and a talking gecko helped the insurance industry become one of the most dominant forces in advertising. Now, we're all living with the consequences. | Fill out our listener survey hereLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

It was just another day at the office. Then the phone started ringing and the caseload kept growing...on today's show, your favorite Planet Money gumshoes investigate your listener questions. | Fill out our listener survey here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

When the beloved Simpsons family made its TV debut in 1989, it squarely represented middle-class America. Today ... not so much. That house, those two cars, those three kids all on one salary doesn't seem so believable anymore. Today we examine the changing reality of what middle-class means in America through the Simpsons. It's a wild, musical journey into the heart of the US economy. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In the 1800s, populist president Andrew Jackson went head-to-head with the most powerful banker in America over who should control the country's money. This clash ended in disastrous results.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

What transforms a regular object into a collectible? At our live show earlier this month, we went on a journey through collectibles history. And we had a goal: to turn our Micro-Face comic book into the most collectible item of all time. | Bid on our collectible Micro-Face comic book here!Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Soon after the mass shooting at Columbine High School in 1999, leaders of the National Rifle Association held a conference call to craft their response. Secret tapes from this call obtained by NPR's Investigations team reveal how the NRA developed what would become their standard response after decades of school shootings. | Listen to the original Up First episode: n.pr/nratapesLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Is the key to success in financial markets a matter of luck or skill? One former bond manager shares his strategy: Win big by avoiding winning. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

A sandwich is generally defined as something delicious slapped between two slices of bread. New York tax code would beg to differ. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

A wave of companies that allow customers to pay for items from their favorite stores in four interest-free installments has taken over the country. But is "buy now, pay later" lending too good to be true? | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

When Maddie Messer was 12 years old, she noticed an unfair dynamic in the video games she loved: playing as a man was often free, but she had to pay to play as a woman. So ... she decided to take on the video game industry. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In the early 90s, American economist Jeffrey Sachs was a part of a team that tried to transform Russia's economy. It did not go as planned. He tells us what he thinks went so wrong. | Subscribe to our weekly newsletter here.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy