How 23andMe's bankruptcy led to a run on the gene bank

Argentina has been on a decades-long search for economic stability, but it always seems to be out of reach. High inflation has been plaguing the country and just surpassed 160% a year.Over the past couple of years, the local currency has collapsed. One U.S. dollar used to be worth 20 Argentinean pesos in 2018. Today, one U.S. dollar is worth 1,000 pesos on the black market. And that means for Argentineans, the real prices of everything — from groceries to gas — have spiked.In a country where the local currency is in free fall, promising to replace that currency with the US dollar can seem like a magical solution.Argentina's new president, Javier Milei, won in part by promising to do just that - to dollarize. To scrap Argentina's peso and replace it with the relatively stable, predictable, boring United States dollar.On today's show, what does dollarizing mean? Why dollarize, how to do it, and will it even work?For more:A black market, a currency crisis, and a tango competition in Argentina (Apple, Spotify, NPR)Venezuela's Fugitive Money TradersWhy Ecuador Uses The Dollar? : The Indicator from Planet MoneyHelp support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

21 Joulu 202324min

The research keeps coming in on remote work. New evidence suggests working from home, at least full-time, may not be as productive as we once thought. Economist Jose Maria Barrero and his co-authors have reviewed this and other studies for a recent paper. In this episode, we hear about the challenges that come with working fully remote and some best practices for hybrid work. This episode was first published as a bonus episode for our Planet Money+ listeners. Today, we're making it available for everyone! To hear more episodes like this, and to hear Planet Money and The Indicator without sponsor messages, support the show by signing up for Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

19 Joulu 202315min

Economics Job Market Rumors is a website that's half a job information Wiki, where people post about what's going on inside economics departments, and half a discussion forum, where anyone with an internet connection can ask the economics hive mind whatever they want. All anonymously.People can talk about finding work, share rumors, and just blow off steam. And that steam can get scaldingly hot. The forum has become notorious for racist and sexist posts, often attacking specific women and people from marginalized backgrounds. Last year, economist Florian Ederer and engineer Kyle Jensen discovered a flaw in the way the site gave anonymity to its users. The flaw made it possible to identify which universities and institutions were the sources of many of the toxic posts on the site. And helped answer a longstanding question that's dogged the economics profession: was the toxicity on EJMR the work of a bunch of fringey internet trolls, or was it a symptom of a much deeper problem within economics itself?This episode was hosted by Mary Childs and Alexi Horowitz-Ghazi. It was produced by Willa Rubin with help from James Sneed and Sam Yellowhorse Kesler. It was edited by Keith Romer and engineered by Josh Newell. Fact-checking by Sierra Juarez. Alex Goldmark is Planet Money's executive producer.Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

16 Joulu 202326min

Maybe she's born with it, maybe it's __________.The best part of waking up, is _______ in your cup!Got ____?If you can identify these brands based on tagline alone, it's possible you... are a 90s kid.The '90s were arguably the peak moment of advertisers trying to make an impression on us that could last for decades. They got us to sing their jingles and say their slogans. These kinds of ads are called brand or image marketing. And it became a lot harder to pull off in the 21st century. On today's show, we look back at the history of advertising, and two pretty unassuming products that totally transformed ads. This show was hosted by Sarah Gonzalez and Kenny Malone. It was produced by James Sneed, and engineered by James Willets. It was fact checked by Sierra Juarez, and edited by Molly Messick. Alex Goldmark is Planet Money's executive producer.Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

14 Joulu 202326min

What if you could borrow money on the cheap and use it to pay for just about anything? The U.S. government can, and does, with U.S. Treasuries. But the market for Treasuries might be more fragile than we know. In this episode, Yesha Yadav of Vanderbilt Law School explains why. This episode was first published as a bonus episode for our Planet Money+ listeners. Today we're making it available for everyone. To hear more episodes like this, and to hear Planet Money and The Indicator without sponsor messages, support the show by signing up for Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

11 Joulu 202313min

Remember pagers? They were huge in the 80s — these little devices that could receive short messages. Sir Mix-A-Lot even had a song about them! But then cell phones came along, and pagers more or less became obsolete.Except there's one group of people who still carry pagers: medical doctors. At a surprisingly large number of hospitals, the pager remains the backbone of communication. Need to ask a doctor a question? Page them. Need to summon a doctor to an emergency? Page them. And then... wait for them to call you back.Almost everyone agrees that pagers are a clunky and error-prone way for doctors to communicate. So why do so many hospitals still rely on them?On today's show: A story about two doctors who hatched a plan to finally rid their hospital of pagers. And the surprising lessons they learned about why some obsolete technologies can be so hard to replace.This episode was hosted by Jeff Guo and Nick Fountain. It was produced by Sam Yellowhorse Kesler. It was edited by Keith Romer and fact-checked by Sierra Juarez. It was engineered by Robert Rodriguez with help from Maggie Luthar. Alex Goldmark is Planet Money's executive producer.Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

8 Joulu 202326min

Today on the show, we have two episodes from our daily podcast, The Indicator, about things we spend a lot of time thinking about this time of year: food and drink. First up, we explore how changes in economic conditions led to one of the U.K.'s iconic (and affordable) staple foods becoming a luxury.Then, the story of one Indigenous woman whose small business went head-to-head with Coca-Cola over a trademark dispute.Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

6 Joulu 202319min

Would you say that you and your family are better off or worse off, financially, than you were a year ago? Do you think in 12 months we'll have good times, financially, or bad? Generally speaking, do you think now is a good time or a bad time to buy a house? These are the kinds of questions baked into the Consumer Sentiment Index. And while the economy has been humming along surprisingly well lately, sentiment has stayed surprisingly low.Today on the show: We are really bummed about the economy, despite the fact that unemployment and inflation are down. So, what gives? We talk to a former Fed economist trying to get to the heart of this paradox, and travel to Michigan to check in on the place where they check the vibes of the economy. Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

1 Joulu 202323min