The Economics of Everyday Things - 87. Ski Areas

When you hit the slopes, you might not be thinking about water rights, controlled avalanches, and liability insurance — but someone has to. Zachary Crockett shreds the pow. 

 

  • SOURCES:
    • Andrew Gast, general manager of Mt. Ashland Ski Area.
    • Rob Goodell, chief operating officer at Loveland Ski Area.

 

 

Planet Money - How the War on Drugs got us… blueberries

Ever wondered why you can buy fresh Peruvian blueberries in the dead of winter? The answer, surprisingly, is tied to cocaine. Today on the show, we look at how the War on Drugs led to an American trade policy and a foreign aid initiative that won us blueberries all year round.

And for more on trade and tariffs check out Planet Money's homepage. We've got articles looking at how much the new tariffs will raise prices and shows on everything from diamonds to potatoes to why you bought your couch.

This episode was produced by Sylvie Douglis with help from Willa Rubin. It was edited by Marianne McCune and engineered by Jimmy Keeley. It was fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.

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Music: Source Audio: "Martini Shaker," "You the Man," and "Leisure Girls."


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Planet Money - Tariffs: What are they good for?

What are tariffs good for?

For years, mainstream economists have basically said: tariffs are not good. They are an import tax paid by consumers, they've said, and they discourage free trade, and we want more! Because free trade has broadly led to more global economic growth.

But global trade hasn't been all positive for Americans, and in the worldview of President Trump's administration, tariffs can be used to right some of those wrongs. And the U.S. has economic leverage. So if the U.S. wants to level the playing field, it should use that leverage, and use tariffs to accomplish its policy goals.

Today on the show: the case for tariffs. We talk to a lonely economist who's been sounding the alarm for years that more and free-er trade isn't always better. And we speak to economists in President Trump's orbit who make the case for how tariffs can be a potent economic and political tool.

This episode was produced by Willa Rubin and edited by Meg Cramer. It was fact-checked by Sarah McClure and engineered by James Willetts. Alex Goldmark is our executive producer.

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Music: Universal Music Production: "Funky Reverie" and "With It;" Audio Network: "Slush Puppy Soul."


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Hayek Program Podcast - Nava Ashraf — 2024 Markets and Society Conference Keynote

On this episode of the Hayek Program Podcast, Nava Ashraf delivers a keynote lecture at the 2024 Markets & Society conference, exploring the role of trust and institutions and focusing on female entrepreneurship in developing countries, particularly Zambia. Ashraf argues that trust, institutional fairness, and negotiation skills matter for gender equity and economic development.

Nava Ashraf is a Professor of Economics at the London School of Economics and Political Science, where she is also the Co-Director of the STICERD Psychology and Economics Programme.

Her research combines psychology and economics using both lab and field experiments to test insights from behavioral economics in the context of global development, particularly digging into health and educational services. Ashraf explores intrahousehold decision-making and gender norms in the areas of finance, fertility, and labor force participation. Her work examines thorny questions like the role of trust and power dynamics in institutions, how flourishing takes place, and the importance of imagination and creativity in human flourishing.

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!

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CC Music: Twisterium

The Economics of Everyday Things - 86. Toothpaste

We reach for it twice a day — without thinking about the decades of research and engineering that went into that squeezable tube of minty goo. Zachary Crockett extracts the last bit.

 

  • SOURCES:
    • Stephan Habif, chief technology officer at Colgate-Palmolive.
    • Sergio Leite, global head of Oral Care R&D at Colgate-Palmolive.
    • Peter Miskell, professor of international business history at the University of Reading.

 

 

Planet Money - PM x Radiolab: Can the economy grow forever?

Earth can sustain life for another 100 million years, but can we? This episode, we partner with Radiolab to take stock of the essential raw materials that enable us to live as we do here on Earth — everything from sand to copper to oil — and tally up how much we have left. Are we living with reckless abandon? And if so, is there even a way to stop? A simultaneously terrifying and delightful conversation about bird poop, daredevil drivers, and some staggering back-of-the-envelope math.

Radiolab's original episode was produced and edited by Pat Walters and Soren Wheeler. Fact-checking by Natalie Middleton. The Planet Money edition of this episode was produced by Emma Peaslee and edited by Alex Goldmark and Jess Jiang. Special thanks to Jennifer Brandel.

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Music: NPR Source Audio - "Wir Rollen"


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Planet Money - Planet Money buys a mystery diamond

The deal seemed too good to be true. There's a website that's been selling top quality diamonds at bizarrely low prices. Prices we couldn't find at any retail outlet. Prices so low, we could buy a diamond on a public radio budget. So we did. What we got in the mail was a tiny ziploc bag containing a scintillating mystery.

On today's show: the Planet Money Diamond (or whatever this sparkly rock turns out to be). We get it analyzed by the experts at the Gemological Institute of America. We investigate where it came from. And, we dive into the economics of glittery stones. Was this a new kind of internet scam? Some supply chain anomaly? Or is something just really weird going on in the world of diamonds?

This episode was produced by James Sneed. It was edited by Keith Romer with help from Jess Jiang, fact-checked by Emma Peaslee, and engineered by Kwesi Lee. Alex Goldmark is our executive producer.

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