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The Indicator from Planet Money - Five reasons why Americans and economists can’t agree on the economy

One of the most puzzling developments for economists in recent months is the disconnect between positive traditional economic data and how people say they feel negatively about the economy. Add to that, people's behavior tracks with what economists would normally expect for happy times. So what's going on?

Today on the show, we turn to something economists have tracked for decades called the misery index. Right now, it says America shouldn't be so miserable, but as we've covered before, surveys say otherwise. We identify five reasons that explain the disconnect.

Related Episodes:

Americans don't like higher prices but they LOVE buying new things (Apple Podcasts / Spotify)

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Everything Everywhere Daily - Everything You Need to Know About Petroleum (Encore)

Thousands of years ago, humans discovered a black-yellowish liquid that come out from the ground and could burn when it was set on fire. 

Today, the fluid that seeped from the rocks is responsible for much of our modern world.

But how does that fluid become usable fuel, and how exactly do you get it out of the rocks? 

Learn more about petroleum, aka crude oil, and how it gets from the ground to your vehicle, on this episode of Everything Everywhere Daily.


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NPR's Book of the Day - Booker Prize winner ‘Prophet Song’ is a dystopian tale of Irish authoritarianism

Early on in today's interview with author Paul Lynch, he says he was careful not to specify whether his dystopian novel Prophet Song is set in the future. Instead, the gripping tale of an Irish family sticking together through the fall of democracy focuses on the present moment and the personal relationships affected by it. In today's episode, Lynch speaks with NPR's Scott Simon about the power of fiction to break through the noise of news and social media – and the weight of his own platform after winning the Booker Prize.

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Everything Everywhere Daily - Trial By Combat (Encore)

In the TV series Game of Thrones, there were four different seasons where disputes were determined with trial by combat. 

As fictional as the Game of Thrones universe is, the idea of resolving legal disputes by fighting, sometimes to the death, was historically accurate. 

For centuries, trial by combat was a legitimate option for conflict resolution, and according to some theories, it might still technically exist. 

Learn more about trial by combat and how it was actually conducted on this episode of Everything Everywhere Daily.


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Sign up today at butcherbox.com/daily and use code daily to choose your free steak for a year and get $20 off." 


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https://link.chtbl.com/EverythingEverywhere?sid=ShowNotes

--------------------------------

Executive Producer: Charles Daniel

Associate Producers: Peter Bennett & Cameron Kieffer

 

Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere


Update your podcast app at newpodcastapps.com


Discord Server: https://discord.gg/UkRUJFh

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Everything Everywhere Daily - Questions and Answers: Volume 14

The month of January was named after the Roman god Janus who had two faces, one on each side of his head. 

Janus was the god of waging war and making peace. Of beginnings and endings, and of change and passages.

…and while there is no evidence to prove it, I’m pretty sure that Janus would have been the god of questions and answers.

Stay tuned while I answer listener questions on the 14 questions and answers installment of Everything Everywhere Daily.


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Sign up today at butcherbox.com/daily and use code daily to choose your free steak for a year and get $20 off." 


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--------------------------------

Executive Producer: Charles Daniel

Associate Producers: Peter Bennett & Cameron Kieffer

 

Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere


Update your podcast app at newpodcastapps.com


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More or Less: Behind the Stats - How much money do the ?Ndrangheta mafia make?

The ?Ndrangheta are one of Italy?s biggest and most dangerous criminal gangs. One piece of research suggested they have an annual turnover of ?53bn - more than McDonalds and Deutsche Bank combined.

But is that number realistic? Professor Anna Sergi and Professor Francesco Calderoni help us figure out what kind of number makes sense.

Reporter: Perisha Kudhail Series producer: Tom Colls Sound mix: Neil Churchill Editor: Richard Vadon

(Picture: Human hands with strings controlling diagram. Credit: Boris Zhitkov/Getty Images)

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The Indicator from Planet Money - Higher wages, fewer temp workers and indicators of the year results

The U.S. economy added a solid number of jobs, the unemployment rate held steady, and a lot of people got raises. But, today we ask whether fewer temporary workers could mean recession, and whether higher wages might cause interest rates to stay high.

Related episodes:
The Indicator of the Year (Apple / Spotify)
Predicting next year's economic storylines (Apple / Spotify)
The money illusion

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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