The Indicator from Planet Money - Mortgage applications, China’s housing and … Carrie Bradshaw?

It's ... Indicators of the Week! We cover the numbers in the news that you should know about. This week, we cover mortgage applications increasing, China's home prices decreasing, and Carrie Bradshaw ... Indices-ing?

Related Episodes:
When mortgage rates are too low to give up
Are both rents AND interest rates too dang high?
The highs and lows of US rents
The mess at the heart of China's economy

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Everything Everywhere Daily - The Silurian Hypothesis (Encore)

The universe is billions of years old. 

If, in the future, humanity were to explore the galaxy and visit other planets around other stars, we might be visiting places where at one time, an advanced civilization once existed. 

However, if such a civilization existed, it might have been millions of years in the past. If that was the case, how would we even know that it existed? 

Also, what if we ask that same question of Earth rather than of alien worlds?

Learn more about the Silurian Hypothesis on this episode of Everything Everywhere Daily.


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NPR's Book of the Day - Two books revisit the cultural impacts of Tina Turner, Duke Ellington and more

Today's episode highlights two books that revisit the cultural contributions of some pretty big names. First, Here & Now's Deepa Fernandes speaks with Deborah Paredez about American Diva, which reclaims the word 'diva' to celebrate the singularity of women like Serena Williams and Celia Cruz. Then, NPR's Michel Martin speaks with Larry Tye about The Jazzmen, which traces the role that Duke Ellington, Louis Armstrong and Count Basie played in the civil rights movement.

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The Indicator from Planet Money - Why big banks aren’t interested in your savings account

Some bank customers are jumping to high-yield savings accounts to escape the shockingly low interest rates of personal savings accounts at big banks. So why aren't these banks raising their rates to attract more customers? Today on the show, we explore why big banks may not care about your savings account anymore.

Related episodes:
The dangers of money market funds (Apple / Spotify)
Interest rates up, but not on your savings account (Apple / Spotify)
Bad Form, Wells Fargo

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Everything Everywhere Daily - The Origin of Words and Phrases: Food

We all eat every day. We use English words for the foods and meals we eat without even thinking about it. 

But where did those words come from, and what did they originally mean? What is the difference between dinner and supper? 

Were the modern distinctions we have between fruits and vegetables always there, and for that matter, was meat always meat?

Learn more about the origins of English words pertaining to food on this episode of Everything Everywhere Daily.


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the memory palace - Episode 220: The Zipper

The Memory Palace is a proud member of Radiotopia from PRX. Radiotopia is a collective of independently owned and operated podcasts that’s a part of PRX, a not-for-profit public media company. If you’d like to directly support this show and independent media, you can make a donation at Radiotopia.fm/donate. I have recently launched a newsletter. You can subscribe to it at thememorypalacepodcast.substack.com

Music

  • Swiming by Explosions in the Sky
  • Walking Song by Kevin Volans and the Netherlands Wind Ensemble
  • I Walk on Guilded Splinters by Johnny Jenkins
  • Seduction by the Balanescu Quartet
  • Lunette by Les Baxter and Dr. Samuel J. Hoffman
  • Running Around by Buddy Ross
  • September by Giles Lamb

Notes

  • This episode was pieced together from a ton of little fragments but I wanted to steer folks to a couple of resources in particular: this excellent article from a few years back in the Toronto Star by Katie Daubs, and this documentary from filmmaker, Amy Nicholson, that primarily uses the Zipper as a way to talk about changes at Coney Island but has some great details from Harold Chance and his sons. 

NPR's Book of the Day - Sheetal Sheth pens a children’s book about Raksha Bandhan in ‘Raashi’s Rakhis’

The Hindu holiday Raksha Bandhan is just around the corner – and in a new children's book called Raashi's Rakhis, actor and activist Sheetal Sheth writes about an empowered little girl, Raashi, who asks some pretty big questions about the gender roles prescribed to one of her favorite celebrations. In today's episode, Sheth speaks with Here & Now's Deepa Fernandes about how she questioned her own parents as a first-generation Indian American, why she wanted to write from a place of inclusivity, and how she navigates some of the backlash she's gotten for doing so.

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The Indicator from Planet Money - Should presidents have more of a say in interest rates?

Former President Donald Trump recently suggested that if elected in this year's presidential election he would want more say on decisions made by the Federal Reserve. Presidents taking a more active role in monetary policy would mark an extraordinary shift in U.S. economic institutions, and mark the end of central bank independence.

Today on the show, why the Federal Reserve insulates itself from day-to-day politics, and what it looks like when central banks are influenced by politicians.

Related Episodes:
Happy Fed Independence Day (Update)
Arthur Burns: shorthand for Fed failure?
How the Fed got so powerful

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