March 2017 – RadCasts

March 28, 2017

Containers - Episode 5: The America-First Ships

American companies pioneered container shipping, but now the ocean freight business is dominated by foreign firms. Thanks to the Jones Act, a 1920 law, all cargo between American ports must be carried on American-made ships, so we do still have a fleet. But the ships are old and outdated. In episode five, we explore the tragic consequences of this "America-first" trade policy, beginning with the El Faro, which sank in October 2015.

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March 26, 2017

Crimetown - Bonus Episode: Cat and Mouse Part II

When master burglar Tony Fiore gets out of prison, he decides to try something different: robbing armored cars at gunpoint. His new hobby will bring him head to head with an old adversary one last time.

For more information about this episode, visit crimetownshow.com.

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March 25, 2017

50 Things That Made the Modern Economy - Gramophone

“Superstar” economics – how the gramophone led to a winner-take-all dynamic in the performing industry. Elizabeth Billington was a British soprano in the 18th century. She was so famous, London’s two leading opera houses scrambled desperately to secure her performances. In 1801 she ended up singing at both venues, alternating between the two, and pulling in at least £10,000. A remarkable sum, much noted at the time. But in today’s terms, it’s a mere £687,000, or about a million dollars; one per cent of a similarly famous solo artist’s annual earnings today. What explains the difference? The gramophone. And, as Tim Harford explains, technological innovations have created “superstar” economics in other sectors too. Producer: Ben Crighton Editors: Richard Knight and Richard Vadon (Image: Thomas Edison Phonograph, Credit: James Steidl/Shutterstock)