By now, you've probably heard a lot from both presidential nominees about getting rid of taxes on tips.
The idea may sound good on first go, but it has its detractors, namely economists and tax experts. Their fears include unfairness and people gaming the system.
On today's episode, how to put in place guardrails for a policy that many economists believe is likely to go off the rails.
Related episode:
Why Americans Can't Quit Tipping
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The Indicator from Planet Money - Is endless vacation a scam?
Unlimited paid time off may sound like a nice perk, but it's not always what it appears. Employers aren't typically obligated to pay out unused vacation balances when a worker leaves, and it can be hard for workers to understand just how much time they can actually take off.
And yet ... endless leave?? It doesn't sound so bad.
Today on the show, is unlimited paid time off really a benefit? We try to figure out whether it works.
Related episodes:
Vacation, and why the U.S. takes so little of it (Apple / Spotify)
The 28-Hour Work Week
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And yet ... endless leave?? It doesn't sound so bad.
Today on the show, is unlimited paid time off really a benefit? We try to figure out whether it works.
Related episodes:
Vacation, and why the U.S. takes so little of it (Apple / Spotify)
The 28-Hour Work Week
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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The Indicator from Planet Money - Mortgage applications, China’s housing and … Carrie Bradshaw?
It's ... Indicators of the Week! We cover the numbers in the news that you should know about. This week, we cover mortgage applications increasing, China's home prices decreasing, and Carrie Bradshaw ... Indices-ing?
Related Episodes:
When mortgage rates are too low to give up
Are both rents AND interest rates too dang high?
The highs and lows of US rents
The mess at the heart of China's economy
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Related Episodes:
When mortgage rates are too low to give up
Are both rents AND interest rates too dang high?
The highs and lows of US rents
The mess at the heart of China's economy
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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The Indicator from Planet Money - Why big banks aren’t interested in your savings account
Some bank customers are jumping to high-yield savings accounts to escape the shockingly low interest rates of personal savings accounts at big banks. So why aren't these banks raising their rates to attract more customers? Today on the show, we explore why big banks may not care about your savings account anymore.
Related episodes:
The dangers of money market funds (Apple / Spotify)
Interest rates up, but not on your savings account (Apple / Spotify)
Bad Form, Wells Fargo
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Related episodes:
The dangers of money market funds (Apple / Spotify)
Interest rates up, but not on your savings account (Apple / Spotify)
Bad Form, Wells Fargo
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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Curious City - “Radium Girls” Had A Tragic Glow
In the 1920s, young women working at a radium dial company in Ottawa, Illinois were being poisoned. Surviving "radium girls" would go on to participate in studies at Argonne National Laboratory.
The Indicator from Planet Money - Should presidents have more of a say in interest rates?
Former President Donald Trump recently suggested that if elected in this year's presidential election he would want more say on decisions made by the Federal Reserve. Presidents taking a more active role in monetary policy would mark an extraordinary shift in U.S. economic institutions, and mark the end of central bank independence.
Today on the show, why the Federal Reserve insulates itself from day-to-day politics, and what it looks like when central banks are influenced by politicians.
Related Episodes:
Happy Fed Independence Day (Update)
Arthur Burns: shorthand for Fed failure?
How the Fed got so powerful
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Today on the show, why the Federal Reserve insulates itself from day-to-day politics, and what it looks like when central banks are influenced by politicians.
Related Episodes:
Happy Fed Independence Day (Update)
Arthur Burns: shorthand for Fed failure?
How the Fed got so powerful
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
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The Indicator from Planet Money - The Denver basic income experiment
Homelessness is a pervasive issue that cities across the country struggle to address. This led an entrepreneur to team up with researchers and local foundations for an experiment called the Denver Basic Income Project. The goal was to see how different variations of a basic income program would impact the local homeless population. What the researchers found could become a guide for how localities in the United States could address the problem of homelessness.
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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The Indicator from Planet Money - Beach reads with a side of economics
It's that time of year when we want to lie on a beach and lose ourselves in a good book. Today on the show, three summer reading recs that got our hosts thinking about economics. Remember, anything read on the beach is, in fact, a "beach read."
Books recommended in this episode:
• Exit West by Mohsin Hamid (B&N, Bookshop)
• Everything Is Predictable: How Bayesian Statistics Explain Our World by Tom Chivers (B&N, Bookshop)
• Range: Why Generalist Triumph in a Specialized World by David Epstein (B&N, Bookshop)
Related episodes:
How Asimov's 'Foundation' has inspired economists (Apple / Spotify)
The carbon coin: A novel idea
Beach reads for econ nerds
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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Books recommended in this episode:
• Exit West by Mohsin Hamid (B&N, Bookshop)
• Everything Is Predictable: How Bayesian Statistics Explain Our World by Tom Chivers (B&N, Bookshop)
• Range: Why Generalist Triumph in a Specialized World by David Epstein (B&N, Bookshop)
Related episodes:
How Asimov's 'Foundation' has inspired economists (Apple / Spotify)
The carbon coin: A novel idea
Beach reads for econ nerds
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
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The Indicator from Planet Money - Google’s monopoly, gold medals and gasping markets
Indicators of the Week is a show dedicated to highlighting some of the most interesting numbers in the news. Today, we break down our favorite indicators in Google's antitrust defeat, the currency trade in Japan that jolted global markets and another way of creating an Olympic medal tally.
Related episodes:
Is Google search getting worse? (Apple / Spotify)
Why the Olympics cost so much (Apple / Spotify)
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Related episodes:
Is Google search getting worse? (Apple / Spotify)
Why the Olympics cost so much (Apple / Spotify)
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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The Indicator from Planet Money - You can’t spell Olympics without IP
The International Olympic Committee has developed a reputation over the years for stringently enforcing its trademarks during the summer games. It has good reason to, with brands like Coca-Cola and Visa paying top dollar for exclusive sponsorship rights. Today on the show, the lengths the IOC will go to protect its trademarks and how smaller brands try to avoid their dragnet.
Related episodes:
Why the Olympics cost so much (Apple / Spotify)
Peacock, potassium and other Paris Olympics Indicators (Apple / Spotify)
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Related episodes:
Why the Olympics cost so much (Apple / Spotify)
Peacock, potassium and other Paris Olympics Indicators (Apple / Spotify)
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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