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Mobile Home Parked

We find out what happens when big investors spend billions of dollars buying mobile home parks and make them less affordable for the people who live there. Then we learn how the government helps them do it, with super low-cost loans that were meant to support affordable housing. | Subscribe to our weekly newsletter here.

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Big Little Ideas

There are a lot of fancy terms for the things we experience — but are they really useful? Yes! We explain four social-science terms that can help us understand our world. | Subscribe to our weekly newsletter here.

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SUMMER SCHOOL 5: Bubbles, Bikes, & Biases

Investing during a bubble can leave you bust. But how to tell the difference between a bubble before it bursts and an investing rocket ship taking off? We'll run through a historical example and look inside our own thinking to find the mental biases that can contribute or exacerbate bad bubble thinking. | Watch this Tik Tok to learn more and subscribe to our weekly newsletter here.

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A locked door, a secret meeting and the birth of the Fed (Classic)

The story of the back-room dealings that created America's central bank. | Subscribe to our weekly newsletter here.

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Putin's big bet: Sanction-proofing Russia

The U.S. is imposing economic sanctions on Russia to punish it for invading Ukraine. But Russia has spent years trying to make its economy immune to sanctions. So, will these new sanctions be enough? | Subscribe to our weekly newsletter here.

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The new Biden plan that could still erase your student loans

This summer, the Supreme Court struck down Biden's plan to forgive student loan debt for millions of borrowers. Except, on the same day Biden first announced that plan, he also unveiled another, the SAVE plan. And though SAVE sounded less significant than Biden's big forgiveness pledge, it's still alive and could erase even more student debt.

SAVE is officially a loan repayment plan. But through a few seemingly minor yet powerful provisions, many more low-income borrowers will end up paying little or nothing until, eventually, their loans will be forgiven. Even many higher-income borrowers will see some of their debts erased.

In this episode, we explain the history of income-driven repayment. And how borrowers could end up paying less than they might expect once payments resume in October. You can read more from NPR's Cory Turner's here.

This episode was hosted by Cory Turner and Kenny Malone. It was produced by Emma Peaslee, and edited by Molly Messick. It was fact-checked by Sierra Juarez, and engineered by Robert Rodriguez. 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.

Always free at these links:
Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

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Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: Universal Production Music - "Nola Strut," "Funky Ride," and "The Down Low Disco King"


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The U.S. economy's biggest superpower, explained

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.

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Hear us out: We ban left turns and other big ideas

On today's episode, we have three big economic ideas for your consideration – ideas that could potentially improve the economy and make us more efficient.

First, what if we ban left turns on roads? Then, what if we gave every new baby ... a trust fund? And lastly, what if we completely got rid of U.S. congressional districts?

That's all on today's episode.

This show was hosted by Sarah Gonzalez. It was produced by Willa Rubin and Emma Peaslee with help from Sam Yellowhorse Kesler. It was edited by Dave Blanchard and engineered by Robert Rodriguez. It was fact-checked 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.

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Apple Podcasts, Spotify, Google Podcasts, the NPR app or anywhere you get podcasts.

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A controversial idea at the heart of Bidenomics

Réka Juhász is a professor of economics at the University of British Columbia, and she studies what's known as industrial policy.

That's the general term for whenever the government tries to promote specific sectors of the economy. The idea is that they might be able to supercharge growth by giving money to certain kinds of businesses, or by putting up trade barriers to protect certain industries. Economists have long been against it. Industrial policy has been called a "taboo" subject, and "one of the most toxic phrases" in economics. The mainstream view has been that industrial policy is inefficient, even harmful.

For a long time, politicians largely accepted that view. But in the past several years, countries have started to embrace industrial policy—most notably in the United States. Under President Biden, the U.S. is set to spend hundreds of billions of dollars on industrial policy, to fund things like microchip manufacturing and clean energy projects. It's one of the most ambitious tests of industrial policy in U.S. history. And the billion dollar question is ... will it work?

On today's show, Réka takes us on a fun, nerdy journey to explain the theory behind industrial policy, why it's so controversial, and where President Biden's big experiment might be headed.

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The billion dollar war behind U.S. rum

When you buy a bottle of rum in the United States, by law nearly all the federal taxes on that rum must be sent to Puerto Rico and the U.S. Virgin Islands. It's an unusual system that Congress designed decades ago to help fund these two U.S. territories. In 2021 alone, these rum tax payments added up to more than $700 million.

Puerto Rico and the Virgin Islands split the money according to how much rum each territory produces. And the territories produce a lot of it — especially Puerto Rico, which single handedly supplies the majority of the rum that Americans drink.

But in 2008, the U.S. Virgin Islands pulled off a coup. It convinced one of the largest rum brands in the world, Captain Morgan, to abandon Puerto Rico and to shift its operations to the tiny island of St. Croix.

This was the beginning of the Rum Wars.

On today's show, the story of how a scheme designed to help Puerto Rico and the U.S. Virgin Islands turned them into bitter rivals. And how it ended up putting hundreds of millions of dollars a year — U.S. taxpayer dollars — into the pockets of big liquor companies instead.

This episode was hosted by Jeff Guo and Sarah Gonzalez. It was produced by James Sneed with help from Sam Yellowhorse Kesler. It was edited by Molly Messick, engineered by Cena Loffredo, and fact checked by Sierra Juarez. Alex Goldmark is Planet Money's executive producer.

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Apple Podcasts or at plus.npr.org/planetmoney.

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How Big Steel in the U.S. fell

Steel manufacturing was at one point the most important industry in the United States. It was one of the biggest employers, a driver of economic growth, and it shaped our national security. Cars, weapons, skyscrapers... all needed steel.

But in the second half of the 20th century, the industry's power started to decline. Foreign steel companies gained more market power and the established steel industry in the U.S. was hesitant to change and invest in newer technologies. But then, a smaller company took a chance and changed the industry.

On today's episode: What can the fall of a once-great industry teach us about innovation and technology? And why you should never underestimate an underdog.

This episode was hosted by Erika Beras and Mary Childs. It was produced by Willa Rubin and edited by Jess Jiang. It was engineered by Cena Loffredo. It was fact-checked by Sierra Juarez. Our executive producer is Alex Goldmark.

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The birth of the modern consumer movement

Today on the show, the story of the modern consumer movement in the U.S. and the person who inspired it: Ralph Nader. How Ralph Nader's battle in the 1960s set the stage for decades of regulation and sparked a debate in the U.S. about how much regulation is the right amount and how much is too much.

This episode was made in collaboration with NPR's Throughline. For more about Ralph Nader and safety regulations, listen to their original episode, "Ralph Nader, Consumer Crusader."

This Planet Money episode was produced by Emma Peaslee and edited by Jess Jiang.

The Throughline episode was produced by Rund Abdelfatah, Ramtin Arablouei, Lawrence Wu, Julie Caine, Anya Steinberg, Casey Miner, Cristina Kim, Devin Katayama, Peter Balonon-Rosen, Irene Noguchi, and fact-checking by Kevin Volkl. The episode was mixed by Josh Newell.

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Zombie mortgages are coming back to life

Karen McDonough of Quincy, Mass., was enjoying her tea one morning in the dining room when she saw something odd outside her window: a group of people gathering on her lawn. A man with a clipboard told her that her home no longer belonged to her. It didn't matter that she'd been paying her mortgage for 17 years and was current on it. She was a nurse with a good job and had raised her kids there. But this was a foreclosure sale, and she was going to lose her house.

McDonough had fallen victim to what's called a zombie second mortgage. Homeowners think these loans are long dead. But then the loans come back to life because they get bought up, sometimes for pennies on the dollar, by debt collectors that then move to collect and foreclose on people's homes.

On today's episode: An NPR investigation reveals the practice to be widespread. Also, what are zombie mortgages? Is all this legal? And is there any way for homeowners to fight the zombies?

You can read more about zombie second mortgages online at: npr.org/zombie

Correction: An earlier version of this episode description misspelled Karen McDonough's last name as MacDonough.

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How the FBI's fake cell phone company put criminals into real jail cells

There is a constant arms race between law enforcement and criminals, especially when it comes to technology. For years, law enforcement has been frustrated with encrypted messaging apps, like Signal and Telegram. And law enforcement has been even more frustrated by encrypted phones, specifically designed to thwart authorities from snooping.

But in 2018, in a story that seems like it's straight out of a spy novel, the FBI was approached with an offer: Would they like to get into the encrypted cell phone business? What if they could convince criminals to use their phones to plan and document their crimes — all while the FBI was secretly watching? It could be an unprecedented peek into the criminal underground.

To pull off this massive sting operation, the FBI needed to design a cell phone that criminals wanted to use and adopt. Their mission: to make a tech platform for the criminal underworld. And in many ways, the FBI's journey was filled with all the hallmarks of many Silicon Valley start-ups.

On this show, we talk with journalist Joseph Cox, who wrote a new book about the FBI's cell phone business, called Dark Wire. And we hear from the federal prosecutor who became an unlikely tech company founder.

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Summer School 4: Banker vs president and the birth of the dollar

Episodes each Wednesday through labor day. Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School.

Planet Money Summer School has arrived at the birth of the United States and the chance to set up a whole new economy from scratch. Should there be a centralized bank? Should there be a single currency? We'll travel to two moments in the country's early history when the founders said "nope" to these questions and see what happened.

First we'll witness one of the great economic battles in U.S. history – the president of the United States versus the president of the Bank of the United States – and see how the outcome ushered in an age of financial panics. Then we'll drop in on a time before the U.S. dollar existed as we know it, when you could buy things using one of about 8,000 forms of money circulating in the country. We watch as the Civil War leads to the first standard currency. Along the way, we'll learn why the cycle of economic booms and busts persists to today despite efforts to centralize America's economy throughout history.

This episode was edited by Planet Money Executive Producer Alex Goldmark and fact-checked by Sofia Shchukina.

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Summer School 8: Big ideas and life lessons from Marx, Keynes and Smith and more

Take the 2024 Planet Money Summer School Quiz here to earn your personalized diploma!

Find all the episodes from this season of Summer School here. And past seasons here. And follow along on TikTok here for video Summer School.

We are assembled here on the lawn of Planet Money University for the greatest graduation in history – because it features the greatest economic minds in history. We'll hear from Adam Smith, Karl Marx, John Maynard Keynes, and some surprising guests as they teach us a little bit more economics, and offer a lot of life advice.

But first, we have to wrap up our (somewhat) complete economic history of the world. We'll catch up on the last fifty years or so of human achievement and ask ourselves, has economics made life better for us all?

This series is hosted by Robert Smith and produced by Audrey Dilling. Our project manager is Devin Mellor. This episode was edited by Planet Money Executive Producer Alex Goldmark and fact-checked by Sofia Shchukina.

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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Bingo! (Presidential debate edition)

Campaigns can be a jargony slog. And this year, we are seeing a lot of economic terms being thrown around, many of which... aren't entirely straightforward.

In this episode, we try to make the mess of words that accompany a presidential campaign into something a little less exhausting: A game of bingo.

Follow along as we dig into five terms that we expect to hear in the upcoming presidential debate, along with some others we hope to hear.

You can play along, too, at npr.org/bingo. Play online or print cards to play with friends on debate night!

This episode was hosted by Nick Fountain and Erika Beras. It was produced by Sam Yellowhorse Kesler with help from Emma Peaslee. It was edited by Meg Cramer. It was fact-checked by Sierra Juarez and engineered by Cena Loffredo. Alex Goldmark is our executive producer.

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The Birds, the Bees, and My Dad

Howie Gordon starred in over a hundred porn films in the 70s and 80s under the name Richard Pacheco. But his greatest role was as a father. At StoryCorps, he talked with his son Bobby Gordon about sex, shame, and dirty movies.

If you want to leave the StoryCorps Podcast a voicemail, call us at 702-706-TALK. Or email us at podcast@storycorps.org.

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Sense of Place: How American singer Davina Robinson found the blues in Osaka

The Philadelphia-born singer found a thriving community of jazz and blues musicians after moving to Japan.

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WATCH: Pixies plays songs from their new album, 'The Night the Zombies Came'

The alternative rock pioneers perform an exclusive set ahead of the release of their latest album.

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Los Bitchos' 'Talkie Talkie' is a raucous 1980s discotheque

Heavily inspired by cumbia, the London-based band has a straightforward ethos: have fun.

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The Biology Of Sex

Many of us were taught biological sex is a question of female or male, XX or XY ... but it's far more complicated. This hour, TED speakers explore what determines our sex. Guests on the show include artist Emily Quinn, journalist Molly Webster, neuroscientist Lisa Mosconi, and structural biologist Karissa Sanbonmatsu.

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Listen Again: The Biology Of Sex

Original broadcast date: May 8, 2020. Many of us were taught biological sex is a question of female or male, XX or XY ... but it's far more complicated. This hour, TED speakers explore what determines our sex. Guests on the show include artist Emily Quinn, journalist Molly Webster, neuroscientist Lisa Mosconi, and structural biologist Karissa Sanbonmatsu.

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Debbie Millman: Designing Our Lives

From prehistoric cave art to today's social media feeds, to design is to be human. This hour, designer Debbie Millman guides us through a world made and remade—and helps us design our own paths.

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Listen Again — Debbie Millman: Designing Our Lives

From prehistoric cave art to today's social media feeds, to design is to be human. This hour, designer Debbie Millman guides us through a world made and remade—and helps us design our own paths.

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Listen Again: The Biology Of Sex

Original broadcast date: May 8, 2020. Many of us were taught biological sex is a question of female or male, XX or XY ... but it's far more complicated. This hour, TED speakers explore what determines our sex. Guests on the show include artist Emily Quinn, journalist Molly Webster, neuroscientist Lisa Mosconi, and structural biologist Karissa Sanbonmatsu.

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Bonus Episode: Robin Steinberg

Nearly half a million Americans are jailed because they can't pay bail. In this live conversation, host Manoush Zomorodi interviews public defender Robin Steinberg, who has created a rotating bail fund to help pay cash bail for those who can't afford it. This bonus episode is a follow up to our most recent episode, Bucking The System – stories of outsiders who are taking on institutions like schools, medicine, and policing.

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Listen Again: The Biology Of Sex

Original broadcast date: May 8, 2020. Many of us were taught biological sex is a question of female or male, XX or XY... but it's far more complicated. This hour, TED speakers explore what determines our sex. Guests on the show include artist Emily Quinn, journalist Molly Webster, neuroscientist Lisa Mosconi, and structural biologist Karissa Sanbonmatsu.

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The Birds And The Bees

"The birds and the bees" may be a emphamism for human reproduction, but procreation of actual winged animals is far wilder. This hour, TED speakers explore how birds, bees and bugs multiply. Guests include beekeeper Noah Wilson-Rich, biologist Carin Bondar, behavioral ecologist Marlene Zuk and comedian Julia Sweeney.

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The Birds and The Bees

Original broadcast date: July 15, 2022. "The birds and the bees" may be a euphemism for human reproduction, but procreation of actual winged animals is far wilder. This hour, TED speakers explore how birds, bees and bugs multiply. Guests include beekeeper Noah Wilson-Rich, biologist Carin Bondar, behavioral ecologist Marlene Zuk and comedian Julia Sweeney.

TED Radio Hour+ subscribers now get access to bonus episodes, with more ideas from TED speakers and a behind the scenes look with our producers. A Plus subscription also lets you listen to regular episodes (like this one!) without ads. Sign-up at: plus.npr.org/ted

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Daily habits of a longevity expert

Dan Buettner is a National Geographic Fellow who researches Blue Zones, regions of the world where people tend to live longer. His research has looked at what habits and lifestyles contribute to longevity. In this bonus episode, he shares those habits with producer Fiona Geiran, and they discuss how Dan has incorporated many of them into his daily routine.

This bonus episode is normally something we share only with our TED Radio Hour+ supporters, but we're making this one available to everyone. To get access to all of our bonus content, listen to the show sponsor-free and support our work at NPR, sign up for TED Radio Hour+ at plus.npr.org/ted

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The Future of Sustainability: Repair, repurpose, reimagine

"Reduce, reuse, recycle." We've heard that for decades - but does it work? This hour, TED speakers reimagine the well-known slogan and reconsider how we think about what we consume and throw away. Guests include right-to-repair advocate Gay Gordon-Byrne, materials scientist Andrew Dent, technologist Jamie Beard and animal scientist Ermias Kebreab. Original broadcast date: May 20, 2022

TED Radio Hour+ subscribers now get access to bonus episodes, with more ideas from TED speakers and a behind the scenes look with our producers. A Plus subscription also lets you listen to regular episodes (like this one!) without sponsors. Sign-up at plus.npr.org/ted.

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Short Wave: Big Bang Revisited

We've got a special episode for you today from our friends at Short Wave. We all think about the Big Bang as the moment when our universe—everything in existence—began right? Turns out, it's not quite that simple. Today when scientists talk about the Big Bang, they mean a period of time, closer to an era rather than a specific moment.

Short Wave host Regina Barber talks with two cosmologists about the cosmic microwave background, its implications for the universe's origins and the discovery that started it all.

This episode is part of Short Wave's Space Camp series; you can find more here: https://www.npr.org/series/g-s1-3299/short-wave-space-camp

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12 feet of hope: ‘Little Amal’ the refugee has a big impact at UCLA Community School

Students welcomed the giant puppet and her message of empathy for refugees fleeing war, famine and persecution around the globe.




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UCLA’s Big Ten opener: New rivals, new friends

The unfortunate result on the field couldn’t quash the newfound camaraderie between Bruins and Indiana Hoosiers fans.