Most bats use echolocation to navigate and hunt, but some use their ears for another trick: eavesdropping.
"And then these frog-eating bats, for example, they are actually listening in on the mating calls of frogs that are much, much lower in frequency," says behavioral ecologist Rachel Page.
But how the bats knew this eavesdropping trick was a mystery. So she set up and experiment with baby bats and a speaker.
Have a question about the animals all around us? Email us at shortwave@npr.org — we'd love to hear from you!
Listen to every episode of Short Wave sponsor-free and support our work at NPR by signing up for Short Wave+ at plus.npr.org/shortwave.
The U.S. is known around the world for its problem with gun violence. The vast majority of murders in the U.S. are committed using guns. But what leads one person to shoot another? The "conventional wisdom" says gun violence is usually the act of calculated criminals or people acting out of desperate economic circumstances. But economist Jens Ludwig believes the conventional wisdom is wrong. Today on the show, he explains why he believes many of us fundamentally misunderstand the problem of gun violence and how behavioral economics reveals some potential solutions.
As a reporter for the San Francisco Chronicle, Kevin Fagan embedded with the city's unhoused population. Now retired, he's written a book built around two of the people he got to know through his reporting. The Lost and the Found zooms in on the lives of Rita and Tyson, who ended up chronically homeless in San Francisco through a cascade of circumstances. In today's episode, Fagan speaks with Here & Now's Deepa Fernandes about their stories, Fagan's own experience with poverty and housing insecurity, and the Reagan-era policies that led to an increased unhoused population in the 1980s.
To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookoftheday
On this episode of the Hayek Program Podcast, Peter Boettke reflects on the lessons he’s learned throughout his academic career, focusing on what it takes to succeed after graduate school. Boettke encourages graduates to: value the scientific pursuit of truth and scholarship; cultivate a sense of awe, wonderment, surprise, and appreciation; and to be curious. He cautions against prioritizing cleverness over clarity and emphasizes the need to continually adapt and adjust. Persistence and hard work pays off. Try to pursue ideas, not people. Don’t be inept and don’t be lazy. Pay attention to details. Be a productive member of your department. Produce research that is genuinely interesting and of intrinsic value to your academic peers. Try to be a life changing professor. Work with good people who challenge you and find that network which insists on lifelong learning, one where you can harshly criticize one another then go have a beer together.
Boettke highlights the ongoing work of the liberal project, arguing that liberalism is not a fixed doctrine, it’s an emancipatory project. Liberalism begins with a very strong recognition of oppression, but it brings a promise of deliverance. Because language and problems change over time, liberalism must be restated in the language and concepts of successive generations. He argues that the worst thing that can happen to a good cause is not to be artfully criticized, but to be ineptly defended.
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Virtual Sentiments, a podcast series from the Hayek Program, is streaming. Subscribe today and listen to season three, releasing now!
Why would a spider have a frog best friend? Why do they love your shower? Does lemon repel them? Should you rehome them outside? Why so hairy? How do you identify the harmless ones? Which ones get kinky? Hey. This will be fun. If you’re afraid of spiders, this is the best first step to conquering that fear forever. If you love spiders, you’re in good company with Dr. Marshal Hedin, a San Diego State University professor who has dedicated his life to the diverse array of araneids. Also: why they need and deserve your love.
Ahead of his first trip to the region, Donald Trump’s policies toward the Middle East have been full of surprises. He wants sanctions on Syria lifted; he revealed the U.S. has been negotiating directly with Hamas; and he’s considering a new nuclear deal with Iran—and without consulting with Israel.
Guest: Gregg Carlstrom, Middle East correspondent for the Economist.
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Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Isabel Angell, and Rob Gunther.
How can we reshape the American economy? Zachary and Emma speak with Chris Hughes, Facebook co-founder, Chair of the Economic Security Project, and author of “Marketcrafters: The 100-Year Struggle to Shape the American Economy.” Chris discusses the differences between marketcraft and Trump’s tariffs, how marketcraft has succeeded with antitrust and anti-monopoly laws, and historical examples involving marketcraft, including the Strategic Petroleum Reserve and the CHIPS and Science Act.
What Could Go Right? is produced by The Progress Network and The Podglomerate.
For transcripts, to join the newsletter, and for more information, visit: theprogressnetwork.org
Episode overview:
In this conversation, Verto co-founder and CEO Ola Oyetayo shares the journey of building a cross-border payments platform that tackles the unique challenges African businesses face when making international transactions.
Since graduating from Y Combinator in 2019, Verto has established itself as what Oyetayo describes as a profitable and cashflow positive fintech serving multiple African markets. Incidentally, the company recently made headlines after winning the prestigious $1 million Milken-Motsepe Prize in FinTech.
He discusses his team's pragmatic approach to addressing payment barriers in emerging markets, why traditional financial institutions have failed to serve these regions effectively, and how technology can disrupt traditional banking networks that have historically excluded certain markets.
Andile Masuku engages Oyetayo on the evolution of fintech in Africa, the role of privilege and networks in business success, and the future potential of stablecoins to revolutionise cross-border payments in ways that might prove more transformative for emerging markets than developed ones.
Key topics:
- Verto's position in the cross-border payments landscape
- The strategic decision to focus on B2B rather than consumer payments
- The untapped $286 billion trade flow between Africa and China
- Why 96-97% of business cross-border payments still go through traditional banks
- The innovator's dilemma Verto faces with the rise of stablecoins
Notable points:
1. In 2018, Oyetayo launched Verto's business model alongside his co-founder Anthony Oduu after spotting a solutions gap for African businesses making international payments outside of traditional banks
2. Verto has been profitable and cash flow positive for approximately 18 months
3. How a chance meeting with legendary VC Vinod Khosla at YC in 2019 first turned him on to the stablecoin investment opportunity—years before they became mainstream
4. The company operates in Nigeria, South Africa, Kenya, Tanzania and the Francophone region
5. Despite previous experience in institutional finance, Oyetayo admits "ignorance is bliss" helped him tackle a problem others saw as too risky
6. The potential of stablecoins to solve liquidity, volatility and capital control challenges in emerging markets
Listen out for Oyetayo's take on Paystack's B2C play Zap, the fintech ecosystem implications of Moniepoint's "unicornification," and his contrarian insight that stablecoins will revolutionise emerging markets while having minimal impact in developed economies: "This is not a popular opinion... There's just no case for stablecoins in developed markets. People talk about, oh, it's going to disrupt Visa and MasterCard... I don't see that coming anytime soon."
Image credit: Verto
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