Planet Money - Summer School 7: Negotiating and the empathetic nibble

How do you get the best deal? How do you know you're getting the best deal? Whether you're talking down the price of a car or talking up your salary, you don't have to be a jerk to get what you want. Negotiations can be win-win – if you know what to ask for and how to grow the pie.

We have three stories in today's episode about how to negotiate tactically. First, a hostage negotiator tries to buy a car. Will he get far? Then, one man's encounter at the airline ticket booth may inform how you respond to your next job offer. Finally, how to avoid a food fight and make a deal that benefits everybody.

We'll learn about something called BATNA, or best alternative to a negotiated agreement, which can tell you when to stand firm and when to walk away. We'll find out how to shift our thinking about what success can look like in a negotiation, and shift your counterpart's thinking too.

Come learn the techniques of expert negotiators in the penultimate episode of Planet Money Summer School, MBA edition. Next week: Graduation! So, you have one week to negotiate the cost of your cap and gown.

Our Summer School series is hosted by Robert Smith and produced by Max Freedman. Our project manager is Julia Carney. This episode was edited by our executive producer, Alex Goldmark, and engineered by James Willetts. The show was fact-checked by Sierra Juarez.

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CoinDesk Podcast Network - THE HASH: Sam Bankman-Fried’s Defense Strategy; FBI’s North Korean Crypto Hacker Warning

The most valuable crypto stories for Wednesday, August 23, 2023.

"The Hash" panel covers the biggest crypto news today, including Sam Bankman-Fried's plans to argue in his defense he was acting in "good faith" and following the advice of lawyers. The FBI says North Korean hackers may attempt to cash out stolen bitcoin (BTC) worth more than $40 million. And, a closer look at the lessons learned from the Curve crisis.

See also:

Will SBF’s ‘Blame-the-Lawyers’ Strategy Work?

FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense

FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin

Curve Crisis Shows Pitfalls of Decentralized Risk Management

Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps


This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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The Daily Signal - Tucker Carlson Interview with Trump to Air During Debate, McCarthy Indicates Willingness to Impeach Biden, Win for Religious Freedom in Michigan | Aug. 23

TOP NEWS | On today’s Daily Signal Top News, we break down:


  • President Donald Trump’s interview with Tucker Carlson will be released at 9 p.m. tonight, the same time as the GOP presidential candidate debate. 
  • House Speaker Kevin McCarthy indicates that if President Joe Biden wants to avoid an impeachment inquiry, he should provide requested documents. 
  • The South Carolina Supreme Court rules that the state’s heartbeat law is legal.
  • A court rules in favor of a Michigan orchard owner in a victory for religious freedom. 


Relevant Links


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Federalist Radio Hour - ‘You’re Wrong’ With Mollie Hemingway And David Harsanyi, Ep. 60: The GOP Debate

Will the first GOP debate be a snoozefest? Join Federalist Editor-in-Chief Mollie Hemingway and Senior Editor David Harsanyi as they preview what they expect from Wednesday's Republican primary debate and former President Donald Trump's decision to skip the event for an interview with Tucker Carlson. They also discuss David's change of heart about Oliver Anthony's music, explain just how deep Department of Justice corruption runs, and analyze the corporate media's failing upward hiring strategy.

Motley Fool Money - Not Your Older Cousin’s Abercrombie

Abercrombie is back in vogue, but be careful chasing this cyclical business. 

(00:21) Jason Moser and Dylan Lewis discuss:

- The reality of Peloton’s seasonality, and how the company is doing with its recalls and digital ambitions.  - At all-time lows, is Peloton more interesting? - How Abercrombie’s back in vogue, and what the retailer is doing to connect with consumers in a tough retail environment. 

Companies discussed: PTON, ANF

Host: Dylan Lewis Guests: Jason Moser Engineers: Dan Boyd 

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The Bulwark Podcast - When the Hammer Comes Down

Almost nothing concentrates the mind more than an indictment, so expect other minor players in Trumpland—especially in Georgia—to flip on the don. Plus, the constitutional argument for blocking Trump's candidacy. Ben Wittes is back with Charlie Sykes for a special edition of The Trump Trials.

show notes:

https://www.lawfaremedia.org/article/dry-run-ouster-county-official-insurrectionist-creates-ominous-precedents-trump

CoinDesk Podcast Network - MONEY REIMAGINED: A Rant | The Labyrinth of Digital Feudalism’s Grip and the Quest for Intentionality

Ever find yourself in the seamless clutches of Google's ecosystem? It's like being swept into a digital whirlpool with no exit strategy. And guess what, this is more than just about one company—it's a symphony of significant players orchestrating our digital dependencies.

In another intriguing episode of "Money Reimagined,"  our ever-curious host,  Sheila Warren, takes center stage as she embarks on a 'rant', alongside co-host  Michael Casey, with a passionate reflection on her morning skirmish with Google and its pervasive grasp of digital feudalism. Get ready, as she delves into how the snares of convenience shackle us all in an intricate web of modern existence.

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

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Big Technology Podcast - Betting on the Future of AI – WIth Sarah Guo

Sarah Guo is the founder of VC firm, Conviction, and co-host of the “No Priors” podcast. She joins Big Technology to talk about generative AI, where the opportunity for new investment lies, and whether the fears surrounding AI are grounded in reality. She gives us unique insight into what the next round of AI tools might look like, and what the impact on our jobs and lives will be as this tech becomes more accessible and affordable. Stay tuned for the second half where we run down how each Big Tech company is (or isn't) taking advantage of this moment.