So-called ?pig butchering? scams take billions of dollars from people around the globe.
But do the cyber scams run from compounds in Cambodia really take an amount of money equivalent to half that country?s GDP?
We investigate how the scale of these criminal operations has been calculated.
Presenter: Tim Harford
Reporter: Tom Colls
Production coordinator: Brenda Brown
Sound mix: Andrew Garratt
Editor: Richard Vadon
Indicators of the Week are back! We are here, as always, to bring you the most fascinating snapshots from the week of economic news.
On today's show, we're digging into the embattled aerospace company, Boeing. We look at how paying your rent with a Wells Fargo credit card is costing the bank millions of dollars a month. And we learn how much richer the Planet Money coffers are after we invested in the funds that track stock trading by congresspeople and their families on both sides of the aisle.
ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch.
When Diane Lewis' son, Jovaan, was sentenced to prison, she told him to call her every day. What he didn't know at the time is that those collect calls often meant Diane was unable to pay her other bills. Today on the show, how prison phone calls got so expensive, and the movement to make them free.
As Curious City goes through some changes, we take some time to look back and reflect on more than a decade of answering listeners' questions and lessons learned over the years.
Will Conservative policies raise mortgages by ?4800, as Labour claim? Are primary school kids in England the best readers in the (western) world, as the Conservatives claim? Are there more potholes in the UK than craters on the moon?
Tim Harford investigates some of the numbers in the news.
Presenter: Tim Harford
Reporter: Kate Lamble
Producers: Nathan Gower, Simon Tullet
Beth Ashmead-Latham and Debbie Richford
Production coordinator: Brenda Brown
Sound mix: James Beard
Editor: Richard Vadon
The CFPB has long been controversial. Its unique structure makes it powerful in ways other agencies are not. Jennifer Schulp and Tommy Berry detail the recent Supreme Court holding that the agency's funding doesn't violate the Appropriations Clause.
There are some new funds that track stock trading by members of Congress and their family. So we thought, why don't we get in on that? Today on the show, we crack open the Planet Money Investment Jar to learn more about how our political leaders play the market, investing in funds tracking Democratic and Republican stock trades.
Whether Congressional stock trading should be limited is a hotly debated matter. So to test whether lawmakers are beating the market, Dartmouth College economist Bruce Sacerdote and his co-authors pitted lawmakers' stock picks against reindeer at a Christmas-styled theme park.
Trust us for this ride! It'll all make sense with some intriguing results.