Category: 3-EconSometimeCommentary

A new thrill ride can cost an amusement park $20 million or more — but roller coasters attract customers like nothing else. Zachary Crockett must be at least this tall to host this episode.

 

• SOURCES:
  • Korey Kiepert, engineer and partner at The Gravity Group.
  • Dennis Spiegel, owner and founder of International Theme Park Services.

 

• RESOURCES:
  • "These two amusement park giants just merged. Rollercoaster fans are nervous," by Nathaniel Meyersohn (CNN, 2024).
  • "1,000-foot-tall roller coaster may soon be a reality," by Brady MacDonald (Seattle Times, 2024).
  • "A Century of Screams: The History of the Roller Coaster," (PBS).
  • "The Business of Building Roller Coasters," by Zachary Crockett (Priceonomics, 2014).
  • Roller Coaster Census Report.
  • The Gravity Group.

 

• EXTRAS:
  • "January 1884: First U.S. Patent for a Roller Coaster," by LaMarcus Thompson (Advancing Physics, 2004).
  • American Coaster Enthusiasts.

 

Why is it so hard to find a bathroom when you need one?

In the U.S., we used to have lots of publicly accessible toilets. But many had locks on the doors and you had to put in a coin to use them. Pay toilets created a system of haves and have nots when it came to bathroom access. So in the 60s, movements sprung up to ban pay toilets.

Problem is: when the pay toilets went away, so too did many free public toilets.

Today on the show, how toilets exist in a legal and economic netherworld; they're not quite a public good, not quite a problem the free market can solve.

Why we're stuck, needing to go, with nowhere to go.

This episode was produced by Willa Rubin with help from James Sneed. It was edited by Marianne McCune and engineered by Cena Loffredo. It was fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

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Music: Audio Network - "Smoke Rings," "Can't Walk Away" and "Bright Crystals."

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It used to be that making documentary films meant taking a vow of poverty (and obscurity). The streaming revolution changed that. Award-winning filmmaker R.J. Cutler talks to Stephen Dubner about capturing Billie Eilish’s musical genius and Martha Stewart’s vulnerability — and why he really, really, really needs to make a film about the New York Mets.

The post When Did We All Start Watching Documentaries? appeared first on Freakonomics.

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On today's show: we're ... venting.

We at Planet Money are an ensemble show – each with different curiosities and styles. But we recently realized many of us have something in common: We're annoyed consumers.

So we're going to get ranty ... but then try to understand the people annoying us. Like stingy coffee shops, manufacturers that don't design things for repair ... and stores that send way too many emails every day.

Along the way, we learn a very sad thing about satisfaction and the future of skilled labor in the U.S.

(Also, we should all just stop using umbrellas. They have negative consumption externalities. Come on people.)

This episode was produced by James Sneed. It was edited by Marianne McCune, fact-checked by Sierra Juarez, and engineered by James Willetts. Alex Goldmark is our executive producer.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

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On this episode of the Hayek Program Podcast, Margaret Levi delivers a keynote lecture at the 2024 Markets & Society conference, exploring her latest research on political equality and arguing that it has been poorly conceptualized and measured in comparison to economic equality. She frames political equality around three dimensions: participation, representation, and responsiveness, emphasizing that it is relational and rooted in social interactions and is not merely a matter of resource distribution. Levi highlights new empirical tools for better assessing political equality, including surveys on empowerment, studies of social capital, and network analysis.

Margaret Levi is Professor Emerita of Political Science and Senior Fellow at the Center for Democracy, Development and Rule of Law (CDDRL) at the Freeman Spogli Institute (FSI) at Stanford University. Levi is currently a faculty fellow at CASBS and Senior Fellow at the Woods Institute for the Environment, co-director of the Stanford Ethics, Society and Technology Hub, and the Jere L. Bacharach Professor Emerita of International Studies at the University of Washington.

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!

Follow the Hayek Program on Twitter: @HayekProgram

Learn more about Academic & Student Programs

Follow the Mercatus Center on Twitter: @mercatus

CC Music: Twisterium

A backstage conversation with Jeffrey Seller, producer of Rent, Avenue Q, and Hamilton. To get subscriber-only episodes, sign up for SiriusXM Podcasts+ on Apple Podcasts or by visiting siriusxm.com/podcastsplus.

The post “Musical Theater Is a Magic Trick” appeared first on Freakonomics.

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It takes a highly skilled stenographer — and some specialized equipment — to transcribe TV dialogue in real time at 300 words per minute. Will A.I. rewrite the script? Zachary Crockett tries to keep up.

 

• SOURCES:
  • Doug Karlovits, general manager at Verbit.
  • Katie Ryan, live steno captioner at Verbit.

 

• RESOURCES:
  • "The Long Case for Machine Shorthand," by Sam Corbin (New York Times, 2024).
  • "Caption This: Why Subtitling Is Big Business Amid the Content Boom," by Kirsten Chuba (The Hollywood Reporter, 2023).
  • "Everyone Watches TV with Subtitles Now. How’d That Happen?" by Wilson Chapman (IndieWire, 2023).
  • "When is Captioning Required?" (National Association of the Deaf).

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more about the genetic makeup of her ancestors. Vovi was one of over 15 million 23andMe customers who sent their saliva off to be analyzed by the company.

But last month, 23andMe filed for bankruptcy, and it announced it would be selling off that massive genetic database. Today on the show, what might happen to Vovi's genetic data as 23andMe works its way through the bankruptcy process, how the bankruptcy system has treated consumer data privacy in the past, and what this case reveals about the data that all of us willingly hand over to companies every single day.

This episode was produced by Sylvie Douglis and edited by Jess Jiang. It was engineered by Harry Paul and Neal Rauch and fact-checked by Tyler Jones. Alex Goldmark is our executive producer.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

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Music: NPR Source Audio - "Lazybones," "Twirp," and "On Your Marks"

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It’s been in development for five years and has at least a year to go. On the eve of its out-of-town debut, the actor playing Lincoln quit. And the producers still need to raise another $15 million to bring the show to New York. There really is no business like show business. (Part three of a three-part series.)

The post Will 3 Summers of Lincoln Make it to Broadway? appeared first on Freakonomics.

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President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shift away from the independence of the central bank.

Today on the show, three Indicators: a short history of the Federal Reserve and why it's insulated from day-to-day politics; how the Fed amassed a ton of power in recent years; and a Trump executive order that took some of that power away.

The original episodes from the Indicator were produced by Corey Bridges, Brittany Cronin, and Julia Ritchey. They were engineered by Cena Loffredo, James Willetts, and Gilly Moon, and fact-checked by Sierra Juarez. Kate Concannon is the editor of the Indicator. Follow us wherever you get your podcasts.

This episode of Planet Money was produced by James Sneed and edited by Marianne McCune & Mary Childs. Alex Goldmark is our executive producer.

For more of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Or, find us: TikTok, Instagram, Facebook.

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