2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year?
Our hosts from Planet Money and The Indicator duke it out during our annual … Family Feud!
Tell us who you think has THE indicator of the year by emailing us at indicator@npr.org. Put “Family Feud” in the subject line.
Related episodes:
The Indicators of this year and next
This indicator hasn’t flashed this red since the dot-com bubble
What would it mean to actually refund the tariffs?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Engines of Our Ingenuity - The Engines of Our Ingenuity 1491: Orpheus
Episode: 1491 In which business schools study a leaderless orchestra. Today, we have no leader.
Audio Mises Wire - November’s Weak Jobs Report Pushes the Fed Toward More Monetary Stimulus
If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow.
Original article: https://mises.org/mises-wire/novembers-weak-jobs-report-pushes-fed-toward-more-monetary-stimulus
Curious City - Krampus is coming: The Christmas demon’s Chicago connection
On the morning of St. Nicholas Day, good kids rush downstairs to see what kind of gifts might be in their shoes. The bad kids? Unfortunately they might get a visit from Krampus, an ancient monster that has naughty children praying for a lump of coal instead.
The origins of this half-goat, half-man folklore character date back centuries, largely to German-speaking countries in Europe. But these days, Krampus is more popular than ever — especially in America, with parades, festivals, Hollywood horror films, Ocean Spray commercials and endless amounts of merchandise. That popularity is largely attributed to Chicagoan Monte Beauchamp, who first published images of Krampus in his alternative comic magazine, Blab!, in 2000.
“I can't believe what's taken place since I introduced Krampus in the pages of Blab! Magazine, which led to a book, and then from there it just exploded,” Beauchamp told Curious City.
In our last episode, we looked at a long-running holiday tradition in Chicago, Goodman Theatre’s rendition of “A Christmas Carol.” In today’s episode, we explore the origins of this very different kind of Christmas tradition and its curious local connection.
The Indicator from Planet Money - Catching up with a fired federal worker, a shrimper and a fraudster
After a firehose of economic news in 2025, we wanted to check back on some of the people we’ve heard from on our show. Today, we check in with a former federal employee caught in the Trump administration's wood chipper, a Louisiana shrimper on Trump’s tariffs and an update on a financial aid scam.
Related episodes:
Why do shrimpers like tariffs?
What’s the long-term cost of federal layoffs?
A big bank’s mistake, explained
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Engines of Our Ingenuity - The Engines of Our Ingenuity 2547: Charging Interest
Episode: 2547 Changing views on charging interest throughout history. Today, interest.
Audio Mises Wire - The Next Economic Downturn Will Be Here Soon Enough
The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
Original article: https://mises.org/mises-wire/next-economic-downturn-will-be-here-soon-enough
Audio Mises Wire - Why Hayek Rejected Merit-Based Equality
In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.
Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality
Curious City - “A Christmas Carol”: An amateur actor’s journey into a Chicago holiday tradition
The Christkindlmarket, the CTA holiday train and “A Christmas Carol” at the Goodman Theatre. Chicago is full of holiday traditions. In this episode, we get an intimate look at the annual theater production through the eyes of our Chicago Sun-Times colleague, Stefano Esposito as he takes to the stage.
More or Less - Do we really have ‘superflu’?
The NHS is warning of an unprecedented flu season - we check what the numbers say.
Is there really a mass exodus of Brits leaving the UK due to Labour tax policies? We look at the latest emigration figures.
We take a look at the prison service’s curious habit of letting prisoners out early – or keeping them in for too long - is there a trend?
Plus - why the US economy can’t grow at 25 percent a year.
Presenter: Tim Harford Reporter: Nathan Gower Producers: Charlotte McDonald, Katie Solleveld, Lizzy McNeill and Tom Colls. Production co-ordinator: Maria Ogundele Sound mix: Gareth Jones Editor: Richard Vadon