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You can learn a lot about a person from their job. The same can be said of an economy. The market for jobs can us a lot about how the economy is doing, but more importantly, it is where we look to see who the economy is working for, and who is left behind. In today's lesson we'll visit two workplaces each facing a different labor puzzle. At one end, there's the question of when to replace a… → Read More
You can learn a lot about a person from their job. The same can be said of an economy. The market for jobs can us a lot about how the economy is doing, but more importantly, it is where we look to see who the economy is working for, and who is left behind. In today's lesson we'll visit two workplaces each facing a different labor puzzle. At one end, there's the question of when to replace a… → Read More
There was one time the U.S. federal government stopped borrowing and paid off every penny of national debt. It did not end well. | Subscribe to our weekly newsletter here. → Read More
The first class of Planet Money Summer School starts off with a field trip. With the help of a cow, two economists, and three cute animals, we learn what a stock is and how stocks are priced, and we begin to see the psychological forces that make prices move up and down on the stock market. Keep an eye out throughout for our big theme for the course this summer: risk and reward. → Read More
Adam Davidson and Jonathan Stern give a humorous list of pointers for resuming normal person-to-person conversations once the coronavirus pandemic ends. → Read More
Adam Davidson writes about the failure of the minimum-wage increase in Joe Biden’s COVID stimulus package and the sweeping economic reform needed to combat historic inequality. → Read More
There is no way to understand our President’s relationship with the world, his motivations and vulnerabilities, without a far richer picture of his central area of concern—his business—over the past decade. → Read More
Adam Davidson on what may follow once the special counsel, Robert Mueller, delivers his report on President Donald Trump to the Department of Justice. → Read More
It seems likely that Weisselberg knows more than any other person about the specifics of how Donald Trump has made his money. → Read More
On Wednesday, Cohen will try to be a hero of this age: a flawed man with special powers, brought low by his own hubris, who moves the plot forward. → Read More
For followers of the special counsel’s investigation, all that was established by the much anticipated court filing is that he is running one of the most secretive and carefully orchestrated investigations in history. → Read More
Stone has presented himself as somewhat desperately trying to foster communication between Trump and Julian Assange. But the special counsel’s indictment shows that he may have played a crucial role in the election. → Read More
Adam Davidson writes on the three-year prison sentence that Michael Cohen, Donald Trump’s former lawyer, received Wednesday afternoon, in a U.S. District Court sentencing. → Read More
The sentencing memos filed by prosecutors on Friday reveal the inner workings of a coördinated conspiracy conducted by people who are very, very bad at conspiracy. → Read More
A document filed by the special counsel on Friday details how Cohen repeatedly lied, on behalf of Trump, to make money and develop political ties with the Kremlin. → Read More
Adam Davidson on Michael Cohen’s confession that his involvement in the Trump campaign was an effort to mislead Congress, the Department of Justice, and the American people. → Read More
Adam Davidson writes about the new acting Attorney General, Matthew Whitaker, and what would happen if he chooses to thwart the special counsel Robert Mueller’s investigation into Donald Trump’s businesses and campaign. → Read More
It is hard to imagine that a serious investigation into Trump’s businesses, campaign, and Administration won’t uncover a lot of damaging information. There is, however, something of a split among Democratic Party operatives. → Read More
A joint investigation by ProPublica and WNYC shows that many of the Trump Organization’s international deals bear the hallmarks of financial fraud, including money laundering, deceptive borrowing, lying to investors, and other potential crimes. → Read More
Trump describes himself not just as a steward of the economy but as a visionary tactician. In the wake of a stock-market fall, it is a good time to examine what his ideas look like in practice. → Read More