The Indicator from Planet Money - Why this former banking regulator is writing kids books

In a first-best world, we'd all save enough money and there'd be no scammers. In a second-best world, we'd all know how to protect ourselves.

That's what Sheila Bair thought, too. As former chair of the FDIC, she noticed many kids and adults weren't quite getting the education they needed. So, she decided to do something about it.

Today on the show: What Sheila Bair has learned about American capitalism as one of its top regulators and how she's trying — one book at a time — to help new generations from falling into its traps.

We learned about Sheila Bair's kids books from listener Erin Vetter. If you've come across anything that makes finance fun, email us! We're at indicator@npr.org.

Related Episodes:
Mailbag: Children Edition
Beach reads with a side of economics

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Code Story: Insights from Startup Tech Leaders - S10 E10: William Neill, Basket

William Neill had an interesting childhood in New Zealand, rooted in being an entrepreneur. As a kid, he helped write business plans with his parents, or build makery stuff for projects. Living this type of childhood, combined with the creativity of music, it started a lifelong trend of building businesses and products. Rooted in his love for being an entrepreneur, he has always longed for a flexible life, to keep him present for his young family, and to allow for the option to travel. He loves spending time with his kids on the beach, and exploring the country as a family.

William and his co-founder met in a coffee shop in London. As they were chatting about prior projects, they figure out there was a lot of overlap in the things they were interested in. Eventually, they returned and built some solutions together - and off the back of a prior wishlist project, they decided to make an online shopping cart to end all others.

This is the creation story of Basket.

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Up First from NPR - Congress Returns, Trump’s Justice Department , Biden’s Global Bind

As Congress reconvenes, Trump allies are pushing the president-elect's preferences for Republican leadership. As Trump considers his pick for attorney general, questions grow about the future direction of the Justice Department. And, President Joe Biden will meet with world leaders in South America in what could be his final big foreign trip while in office.

Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.

Today's episode of Up First was edited by Anna Yukhananov, Roberta Rampton, Mohamad ElBardicy, and Alice Woelfle.
It was produced by Ziad Buchh, Ben Abrams and Julie Depenbrock. We get engineering support from Arthur Laurent. And our technical director is Zac Coleman.

In a previous version of this episode, we incorrectly said President Biden is in South America. He is not. He will travel to South America later this week.

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Take This Pod and Shove It - These Songs Kill Fascists

This week Tyler and Danny present three classic protest country songs that are [unfortunately] still relevant, especially given the results of last week's election.

Likely there are more country tunes that stick it to the Man comin', but in this week please enjoy "Your Flag Decal Won't Get You Into Heaven Anymore" by John Prine, "Oval Room" by Blaze Foley, and "Plane Wreck at Los Gatos" by Bruce Springsteen (also known as "Deportees", originally by Woody Guthrie).

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The Daily Detail - The Daily Detail for 11.12.24

Alabama

  • Sen. Tuberville supports Rick Scott as next GOP Senate leader
  • Sen. Britt not revealing her vote on majority leader for US Senate
  • Congressman Rogers confident that Space Command will come to AL
  • Elmore County had the highest voter turnout last Tuesday with 65%
  • 1819 News is SOLD OUT of tickets to hear Eric Metaxas at Gala

National

  • Future First Lady Melania Trump decline invite to WH for this Wednesday
  • Trump announces more admin pics including Tom Holman, & Stephen Miller
  • FL congressman says likely more FEMA misconduct after supervisor exposed
  • MA governor not going to work with ICE in any deportation of illegals
  • Harris campaign paid $1M to billionaire Oprah Winfrey for her endorsement
  • Catholics came out strong for Trump on Nov 5, Protestants at 63% in exit poll

NBN Book of the Day - Sarah Cleary, “The Myth of Harm: Horror, Censorship and the Child” (Bloomsbury, 2022)

The horror genre has endured a long and controversial success within popular culture. Fraught with accusations pertaining to its alleged ability to harm and corrupt young people and indeed society as a whole, the genre is constantly under pressure to suppress that which has made it so popular to begin with - its ability to frighten and generate discussion about society's darker side. 

In The Myth of Harm: Horror, Censorship and the Child (Bloomsbury, 2022), Dr. Sarah Cleary analyses controversies, myths, and falsehoods surrounding the genre of horror. Focusing on five major controversies, the text examines how horror media has become a scapegoat for political and social issues, platforms for “moral entrepreneurs” and tools of hyperbole for the news industry.

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Everything Everywhere Daily - All About Butter

Ever since humans domesticated animals and realized they could extract milk from them, they have been making and consuming butter. 

While we might not think much of butter today, at one point, it was so prized that it was given as an offering to the gods. 

While some cultures prized it, others looked down upon it and some elevated the production and use of it as an art form. 

Learn more about butter, what it is, how it is made and how it has been used throughout history on this episode of Everything Everywhere Daily.


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In God We Lust - Listen Now – REDACTED: Declassified Mysteries with Luke Lamana

Behind the closed doors of government offices and military compounds, are hidden stories and buried secrets from the darkest corners of history. Each week, Luke Lamana, a Marine Corp Reconnaissance Veteran, pulls back the curtain on what once was classified information exposing the secrets and lies behind the world’s most powerful institutions. From the hitmakers at Wondery and Ballen Studios, we bring you REDACTED: Declassified Mysteries with Luke Lamana. The stories are real, and the secrets are shocking.

Listen Now: http://wondery.fm/REDACTED

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What A Day - Trump Loyalists Get Cabinet Prizes

The incoming Trump Administration 2.0 is starting to take shape. And as expected, it’s a Democrat’s worst nightmare. President-elect Donald Trump is expected to name Stephen Miller, an immigration hardliner with white nationalist views, to be his deputy chief of staff. He also officially announced his picks for ‘border czar,’ EPA director and U.N. ambassador, all of them in line with his repeated promise to appoint loyalists that will help him bend the government to his whims. Zack Beauchamp, senior correspondent for Vox and author of the book “The Reactionary Spirit,” explains what Trump's picks mean for the continual functioning of our democracy.

And in headlines: President Biden’s lead adviser for international climate policy shared strong words about Trump at an annual U.N. climate change conference, President Joe Biden and Vice President Kamala Harris made their first joint appearance since the election at a Veterans Day event, and abolitionist Harriet Tubman was posthumously awarded the rank of one-star Brigadier General in the Maryland National Guard.

Show Notes:

The NewsWorthy - Trump Picks Key Staff, GOP Takes House & Vatican Uses AI – Tuesday, November 12, 2024

The news to know for Tuesday, November 12, 2024!

What to know about President-elect Trump’s key staffing decisions so far.

And a major update on which party will get control of the House.

Also, a Spirit Airlines flight was diverted after being hit by gunfire in Haiti.

Plus, what a new report found about Americans’ drinking habits after the pandemic, a new way to find your lost luggage after your flight, and how the Vatican is partnering with Microsoft to bring A-I to a famous monument.

Those stories and even more news to know in about 10 minutes! 

 

Join us every Mon-Fri for more daily news roundups! 

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