The Indicator from Planet Money - How to transform a war economy for peacetime

In the 1980s, California was the heart of the aerospace industry. But when the Cold War ended, military spending cuts put those defense jobs in jeopardy.

This week, we're bringing you a three-part series on the defense industry. In this episode: how the state redirected some of those defense dollars to another economic opportunity provides an example of how the "peace dividend" can be used effectively.

Related episodes:
Are we overpaying for military equipment? (Apple / Spotify)

Can Just-In-Time handle a new era of war? (Apple / Spotify)

Industrial policy, the debate! (Apple / Spotify)

Giant vacuums and other government climate bets (Apple / Spotify)

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60 Songs That Explain the '90s - “Iris”—Goo Goo Dolls

Rob looks back at the movie ‘High Fidelity’ and observes the similarities between himself and one of the characters, who is also named Rob. Somewhere along the way, our Rob focuses in on Matthew Sweet, the Knack, Material Issue, and other artists singing power-pop songs about women they usually don’t get in the end. Finally, Rob gives attention to the Goo Goo Dolls and “Iris.” Later, Rob is joined by Niko Stratis to discuss the unavoidable nature of “Iris” while working retail jobs in the ’90s and much more.

Host: Rob Harvilla

Guest: Niko Stratis

Producers: Jonathan Kermah and Justin Sayles

Additional Production Support: Chloe Clark

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More or Less: Behind the Stats - Measles, Traitors and the cost of Brexit

Was there really a 5% measles vaccination rate in Birmingham? Has Brexit already cost 6% of the UKs economy? For how long has crime been falling? And are contestants on the reality gameshow any good at finding traitors?

Tim Harford investigates the numbers in the news.

Presenter: Tim Harford Producers: Nathan Gower and Debbie Richford Series producer: Tom Colls Production coordinator: Brenda Brown Sound mix: Rod Farquhar Editor: Richard Vadon

The Indicator from Planet Money - Can Just-In-Time handle a new era of war?

Just-in-time manufacturing began as a way to save space, remove costs and improve efficiency ... for Toyota. The U.S. defense industry has since incorporated this approach. Now, leaders in the defense industry question whether it's to blame for weapons and ammunition shortages.

This week, we're bringing you a three-part series on the defense industry. Today on the show, we look at how a just-in-time mindset filtered through the military contracting system, and we ask whether bare-bones manufacturing styles are leaving the U.S. in a bind.

Related Episodes
Are we overpaying for military equipment? (Apple / Spotify)

How to transform a war economy from peacetime (Apple / Spotify)

Toyota Camry, supply-chain hero

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The Indicator from Planet Money - Are we overpaying for military equipment?

If the proposed defense budget is passed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying. This week, we're bringing you a three-part series on the defense industry.

Today, we unpack how defense costs are getting so high and why it's happening.

Related:
Can Just-In-Time handle a new era of war? (Apple / Spotify)

How to transform a war economy from peacetime (Apple / Spotify)

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More or Less: Behind the Stats - Is Oxfam right about the world?s richest and poorest people?

We investigate Oxfam?s claim that ?since 2020, the five richest men in the world have seen their fortunes more than double, while almost five billion people have seen their wealth fall?.

With the help of Johan Norberg, Historian and Author of ideas and Felix Salmon, Financial Correspondent at Axios, we explore the figures behind the wealth of the richest and uncover what it really tells us about the world?s financial markets.

And Charles Kenny, senior fellow at the Centre for Global Development in Washington DC, helps us unpick why, when looking at the world?s poorest people, measurements of wealth don?t always tell us what we really need to know.

Presenter: Tim Harford Producer: Debbie Richford Production Co-ordinator: Brenda Brown Series Producer: Tom Colls Sound Mix: Hal Haines Editor: Richard Vadon

(image: Elon Musk at the Viva Tech fair in Paris June 2023. Credit: Nathan Laine/Getty Images)

The Indicator from Planet Money - Tumbling Chinese stocks and rapid Chipotle hiring

It's Indicators of the Week, that time each Friday when we look at the most fascinating numbers from the news. Today, we explain the different directions of the Chinese and American economies ... and how a burrito can be a bellwether.

Related Episodes:

Young, "spoiled and miserable" in China (Apple / Spotify)
The mess at the heart of China's economy (Apple / Spotify)
China's Big Tech Crackdown

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The Indicator from Planet Money - How niche brands got into your local supermarket

From salsas to barbecue sauces to refrigerated beverages, small artisanal brands are infiltrating grocery shelves everywhere. How did this happen? Today on the show, we team up with Dan Pashman of The Sporkful food podcast to follow the rise of niche soda maker Olipop, and share the hidden incentives that have grocers making shelf space for these products.

Listen to The Sporkful on Apple or Spotify.

Related episodes:
Grocery delivery wars
How grocery shelves get stacked

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