Before a guide dog can help a blind person navigate the world, it has to pass a series of tests, then go through $75,000 worth of training. Zachary Crockett sniffs around.
SOURCES:
Peggy Gibbon, director of canine development at The Seeing Eye.
Charles Pat McKenna, assistant division director of the New Jersey Commission for the Blind and Visually Impaired.
There has been chaotic uncertainty around billions of dollars allocated by Congress. The Trump administration ordered a pause on — and review of — certain types of federal assistance. A judge blocked that freeze. But reports continue to emerge that certain parts of the government were not getting their money.
As a result, hundreds and hundreds of people have lost their jobs, clinics and daycares across the country have been left wondering if they'll have money to operate, retirees have worried about getting their payments.
But the United States is a country of transparency. And if you know where to look, there is a way to cut through all the confusion. Because there's this one big pipe from the US Treasury through which most federal spending flows.
So, today, we discover a way to go look at that money pipe. And we'll look at some of the people and the programs on the other end of that pipe. And we tell you about a tool (it's at The Hamilton Project! Right here.) that you can use to follow along from home, right now, as this gigantic federal spending story continues developing and developing. Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
The trip that changed Tigran Gambaryan's life forever was supposed to be short — just a few days. When he flew to Nigeria in February of 2024, he didn't even check a bag. Tigran is a former IRS Special Agent. He made his name investigating high-profile dark web and cryptocurrency cases. Some colleagues called him the 'Crypto Wizard' because of his pioneering work tracing crypto transactions for law enforcement. Since 2021, he's worked at the world's largest crypto exchange, Binance.
Tigran was in Nigeria as a sort of envoy. He was supposed to meet with government officials and show them that Binance – and crypto itself – was safe, reliable, and law-abiding.
One of the most important meetings was at the headquarters of the Office of the National Security Advisor. He says officials there made him wait hours. And when officials finally came into the room, they accused Binance of a host of crimes and of tanking the Nigerian economy. They then told Tigran that they weren't going to let him leave Nigeria until they were satisfied that Binance was going to remedy the situation.
On today's show, in a collaboration with Click Here from Recorded Future News, we hear about Tigran's eight month detention in Nigeria. In his first recorded interview after his release, he shares details about his captivity, how he survived one of Nigeria's most infamous prisons, and how he got out.
The San Jose was a marvel of 17th century technology. The Spanish galleon weighed more than a thousand tons, was made of wood reinforced with iron, and featured three masts and 64 cannons. In its cargo were gold, silver, silk and porcelain. But in 1708, it sank after a battle with an English ship near what is now Colombia.
For centuries, the shipwreck was the stuff of legends, until 2015 when underwater investigators found what they believed to be the San Jose's wreckage. The treasure on board this ship could be worth billions of dollars. But who owns it? Today on the show, four groups stake their claims to the wreck of the San Jose. Those claims reveal a lot about who has a say over the bottom of the sea and how we can begin to untangle the complicated legacy of colonialism.
This episode of Planet Money was hosted by Erika Beras and Mary Childs. It was produced by Sam Yellowhorse Kesler with reporting help from Willa Rubin and edited by Keith Romer. It was fact-checked by Sierra Juarez and engineered by Neil Rauch with help from Robert Rodriguez. Alex Goldmark is Planet Money's executive producer.
Americans spend more on scratch lottery tickets per year than on pizza. More than all Coca-Cola products. Yet the scratch ticket as a consumer item has only existed for fifty years. Not so long ago, the idea of an instant lottery, of gambling with a little sheet of paper, was strange. Scary, even.
So, how did scratch lotteries go from an idea that states wanted nothing to do with, to a commonplace item? It started in a small, super-liberal, once-puritanical state: Massachusetts. Adults there now spend – on average – $1,037 every year on lottery tickets – mostly scratch tickets. On today's episode, a collaboration with GBH's podcast Scratch & Win, we hear the story of... the scratch-off lottery ticket!
This episode was hosted by Ian Coss and Kenny Malone. Scratch & Win from GBH is produced by Isabel Hibbard and edited by Lacy Roberts. The executive producer is Devin Maverick Robins. Our version of the podcast was produced by James Sneed. It was edited by Alex Goldmark, engineered by Valentina Rodríguez Sánchez, and fact-checked by Sierra Juarez. Alex Goldmark is Planet Money's executive producer.
On this episode of the Hayek Program Podcast, Kwame Anthony Appiah delivers a keynote lecture at the 2023 Markets & Society conference, exploring the historical and philosophical complexities of cultural property. Using examples from classical literature, African history, and global museum debates, he critiques modern repatriation efforts for oversimplifying ownership claims. Appiah argues that the ownership and heritage of cultural artifacts are historically complex, traceable through ancestry, territory, and identity. This complexity often creates contradictions in restitution debates. Instead of a narrow focus on repatriation, Appiah advocates for a more nuanced, cosmopolitan approach to heritage and museum collections.
Kwame Anthony Appiah is a Professor of Philosophy and Law at New York University, the Laurance S. Rockefeller University Professor of Philosophy, and the University Center for Human Values Emeritus at Princeton University. He earned his BA and PhD from the University of Cambridge and has since taught at numerous renowned universities, including Yale, Cornell, Duke, Harvard, Princeton, and NYU.
Appiah has published widely on literary and cultural studies with a focus on African and African American culture, ethics, and identity, including his most recent book, The Lies That Bind: Rethinking Identity (Liveright Publishing 2018). For his work, he has also received many awards, including the National Humanities Medal. His work on cosmopolitanism, identity, and heritage takes a nuanced and practical approach, embracing the particularities and challenges of living within a complicated social context. He also helps others understand and tackle everyday challenges through his advice column, The Ethicist at New York Times.
If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.
Virtual Sentiments, a podcast series from the Hayek Program, is streaming! Subscribe today and listen to season three, releasing now.
Picture day is an annual tradition for American families — and, for the companies that take the photos, a lucrative one. Zachary Crockett smiles for the camera.
On Monday, the stock market went into a tizzy over a new AI model from Chinese company DeepSeek. It seemed to be just as powerful as many of its American competitors, but its makers claimed to have made it far more cheaply, using far less computing power than similar AI apps like ChatGPT, Claude, or Gemini. In one day, hundreds of billions of dollars were wiped off the valuations of companies related to AI.
This week, investors seemed suddenly to change their minds about what our AI future would look like and which companies will (or won't) profit from it. Will we really need all those high-end computer chips, after all? What about power plants to provide electricity for all the energy-hungry AI data centers?
On today's show – how DeepSeek might have changed the economics of artificial intelligence forever.
This episode was produced by Willa Rubin with an assist from James Sneed. It was edited by Keith Romer and engineered by Neil Tevault. Research help from Sierra Juarez. Alex Goldmark is Planet Money's executive producer.
When it comes to solar and wind power, renewable energy has always had a caveat: it can only run when the wind blows or the sun shines.
The idea of a battery was floated around to make renewables available 24/7. For years, it existed as an expensive, little-used technology. Then in 2021, it took off.
In this episode, we explore how this new energy market works in two states: California and Texas.
In California, there is now enough grid-scale battery storage to power millions of homes — at least for a few hours — and it's growing fast. What does this success mean for the grid, and how did the state support it?
Then, we visit Texas, whose approach is more free-market rodeo. The state has the second-most battery storage capacity in the U.S. And in Texas, their system was recently put to the test. So, can these large-scale batteries can help prevent blackouts?
These two stories come from our sister show The Indicator, which recently reported a series about the electric battery market.
Today's show was hosted by Cooper Katz McKim, Darian Woods and Wailin Wong. The original Indicator episodes were produced by Cooper Katz McKim and Corey Bridges, and edited by Kate Concannon. It was fact-checked by Sierra Juarez and engineered by Jimmy Keeley and Neil Tevault. Alex Goldmark is Planet Money's executive producer.
