The Indicator from Planet Money - The winner’s curse

Ever put in the winning bid for something on an auction site only to realize you significantly overpaid? Yeah, there’s a phrase for that. On today’s show: the winner’s curse.

Richard Thaler’s new book with Alex O. Imas is The Winner’s Curse: Behavioral Economics Anomalies, Then and Now.

Read Planet Money’s newsletter on the winner’s curse

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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Short Wave - Mental ‘Workouts’ Could Keep Your Brain Young

Scientists have found the first compelling evidence that cognitive training can boost levels of a brain chemical that typically declines as people age. The results of this 10-week study back earlier animal research showing that environments that stimulate the brain can increase levels of certain neurotransmitters. And other studies of people have suggested that cognitive training can improve thinking and memory. So how does it all work? And by how much does it all work? Here to break everything down and help you understand how to keep your brain sharp is NPR science correspondent Jon Hamilton.

Interested in more brain science? Email us your question at shortwave@npr.org.


Listen to every episode of Short Wave sponsor-free and support our work at NPR by signing up for Short Wave+ at plus.npr.org/shortwave.

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Consider This from NPR - Tornado recovery in St. Louis is a mess. The city blames Trump’s FEMA changes

It's been six months since a tornado hit St. Louis and damaged more than five thousand buildings and homes. 

Residents and local officials say the Trump administration's new policy on federal disaster assistance has meant they have been left to do the work traditionally done by FEMA.

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.

This episode was produced by Avery Keatley, in collaboration with Hiba Ahmad and Jason Rosenbaum from St. Louis Public Radio. It was edited by Sarah Robbins. Our executive producer is Sami Yenigun. 

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Up First from NPR - What is a ceasefire?

President Trump says his Gaza peace plan will end the war between Israel and Hamas and launch a new era of peace in the Middle East. But a month into the ceasefire, progress on implementing the 20-point plan appears to be stalling. Today on The Sunday Story, NPR correspondents Aya Batrawy and Daniel Estrin unpack the ceasefire plan and why it’s not going according to plan. Why is the deal so fragile, and what does this mean for Gaza? And for the first time in over two years of war, NPR goes to the part of Gaza where Israel is fortifying its military occupation.

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Consider This from NPR - What it takes to make a Tiny Desk Concert

NPR's concert series Tiny Desk, first launched on a whim in 2008, attracts millions of viewers. We hear from two members of the NPR music team on what they love about producing and sharing Tiny Desk performances with the world. 


Host Sacha Pfeiffer speaks with Robin Hilton, host and Senior Producer of Tiny Desk and All Songs Considered and Kara Frame a video producer and director of Tiny Desk concerts.

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Up First from NPR - Congressional To-Do List, Trump V. BBC, Ukraine Update

Congress returns to further negotiations on health care subsidies and an earlier-than-expected vote on the Epstein files. President Trump is threatening to sue the BBC over an edit of his speech on January 6, 2021. Russian attacks and a major new corruption probe are the latest developments from Kyiv.

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Short Wave - Are we cooked? How social media shapes your language w/ Adam Aleksic (from TED Tech)

This week, we’re sharing a special episode from TED Tech exploring Gen Z slang words like "unalive," "skibidi" and "rizz." Where do these words come from — and how do they get popular so fast? Linguist Adam Aleksic explores how the forces of social media algorithms are reshaping the way people talk and view their very own identities. 

Technology’s role in our lives is evolving fast. TED Tech helps you explore the riveting questions and tough challenges we’re faced with that sit at the intersection of technology and humanity. Listen in every Friday, with host, journalist Sherrell Dorsey, as TED speakers explore the way tech shapes how we think about society, science, design, business, and more. 

Listen to TED Tech wherever you get your podcasts or go to: https://link.mgln.ai/Ng9EKL 

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NPR's Book of the Day - Revisiting ‘Giovanni’s Room’

James Baldwin’s recent centennial birthday allowed us to discuss one of his most celebrated novels, Giovanni’s Room. Andrew Limbong and B. A. Parker are joined by NPR’s Pop Culture Happy Hour’s Glen Weldon, examining the story of three lovers, chasing connection, love, and acceptance in 1950s Paris. Special guest Garth Greenwell also drops by to share how Giovanni’s Room made an impact on his work. 


Glen’s Recommendation: ‘Florenzer’ by Phil Melanson

Parker’s Recommendation: ‘The Stranger’ by Albert Camus

Andrew’s Recommendation: ‘The Sun Also Rises’ by Ernest Hemingway

To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookoftheday

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Planet Money - The obscure pool of money the US used to bail out Argentina

Last month, during the longest government shutdown in U.S. history, Treasury Secretary Scott Bessent announced that the United States had offered to functionally loan Argentina $20 billion. Despite the sums involved, this bailout required no authorization from Congress, because of the loan’s source: an obscure pool of money called the Exchange Stabilization Fund. The ESF is essentially the Treasury Department’s private slush fund. 


Its history goes all the way back to the Great Depression. But, in the 90 years since its creation, it has only been used one time at this scale to bailout an emerging economy: Mexico, in 1995. That case study contains some helpful lessons that can be used to make sense of Bessent’s recent move. Will this new credit line to Argentina work out as well as it did the last time we tried it? Or will Argentina’s economic troubles hamstring the Exchange Stabilization Fund forever?


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This episode was hosted by Keith Romer and Erika Beras. It was produced by Luis Gallo. It was edited by Eric Mennel and fact checked by Sierra Juarez. It was engineered by Cena Loffredo. Alex Goldmark is Planet Money’s executive producer.

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Consider This from NPR - A Rolex, a gold bar, a trade deal and the ethics of presidential gifts

At a recent gathering of Swiss business executives in the White House, the CEO of Rolex presented President Trump with a gold-plated desk clock.

The CEO of a precious-metals company presented the president with an engraved gold bar.

They were not the official representatives of Switzerland’s economic agenda – but the following week, their government announced a trade deal that drastically lowered the U.S. tariff on imported Swiss goods from 39 percent to 15 percent – now on par with the European Union.

So were the gifts appropriate for the U.S. president to accept?

We hear from University of Minnesota law professor Richard Painter – formerly the chief White House ethics lawyer for President George W. Bush.

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org

Email us at considerthis@npr.org.

This episode was produced by Tyler Bartlam and Brianna Scott, with audio engineering from Simon Laslo-Jansson. It was edited by Patrick Jarenwattananon. Our executive producer is Sami Yenigun.

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