• Planet Money

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  • Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy – understand the world.

    Wanna go deeper? Subscribe to Planet Money+ and get sponsor-free episodes of Planet Money, The Indicator, and Planet Money Summer School. Plus access to bonus content. It's a new way to support the show you love. Learn more at plus.npr.org/planetmoney
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  • Title Pirates
    Nov 23 2024
    A couple years ago, Gina Leto, a real estate developer, bought a property with her business partner. The process went like it usually did: Lots of paperwork; a virtual closing. Pretty cut-and-dry. Gina and her partner started building a house on the property.

    But $800,000 into the construction process, Gina got a troubling call from her lawyer. There was something wrong. At first, Gina thought the house had burned down. It turned out that the situation was... maybe worse.

    On today's show: Buying land seems pretty secure, right? There's so much paperwork and verification along the way. But a messy system of how titles are sold, transferred and documented makes a perfect entry point for a new kind of criminal: Title Pirates.

    Today's episode was hosted by Erika Beras and Jeff Guo. It was produced by Sam Yellowhorse Kesler. It was edited by Liza Yeager. Fact-checking by Sarah McClure. Engineering by Valentina Rodríguez Sánchez. Planet Money's executive producer is Alex Goldmark.

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    26 Min.
  • The long view of economics and immigration (Two Indicators)
    Nov 20 2024
    Mass deportations. What would actually happen—economically—if the President-elect follows through on promises to deport millions of people from America.

    We don't have to guess.

    Today we have two stories from Planet Money's daily podcast, The Indicator. First, the story from another time the US cracked down on immigration with the expressed intent of helping the economy. We look at how that worked out. And then we distill 20 years of research on immigrants and economic growth. What does immigration do for an economy? What types of immigration help? And who benefits?

    Our most recent newsletter goes into more depth on some of this. Part one of two here. Subscribe to our newsletter here.

    This episode is hosted by Adrian Ma, Darian Woods, and Wailin Wong. These episodes of The Indicator were originally produced by Cooper Katz McKim and Julia Ritchey, and engineered by Kwesi Lee and Maggie Luthar. They were fact-checked by Angel Carreras and Sierra Juarez. Kate Concannon is The Indicator's Editor.

    Help support
    Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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    16 Min.
  • The great German land lottery
    Nov 15 2024
    Every ten years, a group of German farmers gather in the communal farm fields of the Osing for the Osingverlosung, a ritual dating back centuries. Osing refers to the area. And verlosung means "lottery," as in a land lottery. All of the land in this communal land is randomly reassigned to farmers who commit to farming it for the next decade.

    Hundreds of years ago, a community in Germany came up with their own, unique solution for how to best allocate scarce resources. For this community, the lottery is a way to try and make the system of land allotment more fair and avoid conflict.

    Today on the show, we go to the lottery and follow along as every farmer has a shot at getting the perfect piece of land — or the absolute worst piece of land! And we see what we can learn from this living, medieval tradition that tries to balance fairness and efficiency.

    This episode was hosted by Erika Beras and Emma Peaslee. It was produced by Emma Peaslee. It was edited by Jess Jiang. Reporting help from Sofia Shchukina. It was fact checked by Sierra Juarez. It was engineered by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.

    Help support
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    29 Min.

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