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China’s real estate crisis, explained
China’s economic growth for the past few decades has been extraordinary. And much of that growth was fueled by real estate – it was like this miraculous economic engine for the country. But recently, that…
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The alleged theft at the heart of ChatGPT
When best-selling thriller writer Douglas Preston began playing around with OpenAI’s new chatbot, ChatGPT, he was, at first, impressed. But then he realized how much in-depth knowledge GPT had of the books he had written.…
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Never have I ever
The world of economics has these two different sides. One one side, there are the economists in their cozy armchairs and dusty libraries, high up in their ivory towers. On the other, there’s the messy…
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FTC Chair Lina Khan on Antitrust in the age of Amazon
When Lina Khan was in law school back in 2017, she wrote a law review article called ‘Amazon’s Antitrust Paradox,’ that went kinda viral in policy circles. In it, she argued that antitrust enforcement in…
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Antitrust in America (classic)
Earlier this fall, the Federal Trade Commission filed a high-stakes lawsuit against Amazon. In that suit, the FTC claims Amazon is a monopoly, and it accuses the company of using anti-competitive tactics to hold onto…
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All you can eat economics
You might expect to find economic concepts in the pages of an economics textbook. But you know where you can really see a lot of economic concepts in action? Buffets. Here at Planet Money we…
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Cutting school… by 20%
Right now, a lot of school districts across the country are making a pretty giant change to the way public education usually works. Facing teacher shortages and struggling to fill vacant spots, they are finding…
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How unions are stopped before they start
Union membership in the U.S. has been declining for decades. But, in 2022, support for unions among Americans was the highest it’s been in decades. This dissonance is due, in part, to the difficulties of…
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Indicator exploder: jobs and inflation
When someone says “the economy is doing well”—what does that even mean? Like, for workers, for employers, for the country as a whole? According to what calculation? How do you put a number on it?…
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Maria Bamford gets personal (about) finance
Note: There is swearing in this episode. In 2017, The University of Minnesota asked comedian Maria Bamford to give their commencement speech. But the University may not have known what it was in for. In…
