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Elevator at Pulaski Temporarily Out-of-Service (Elevator Status)

(Wed, Nov 13 2024 4:51 AM to TBD) The Harlem-bound platform elevator at Pulaski (Green Line) is temporarily out-of-service.




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Elevator at Pulaski Temporarily Out-of-Service (Elevator Status)

(Wed, Nov 13 2024 4:51 AM to TBD) The Harlem-bound platform elevator at Pulaski (Green Line) is temporarily out-of-service.





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The Great Inflation (Classic)

For much of the 1970s inflation was bad. Prices rose at over 10 percent a year. Nothing could stop it — until one powerful person did something very unpopular. Today's show: How we beat inflation. | Subscribe to our weekly newsletter here.

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Flood Money (Classic)

Bill Pennington's house floods a lot: Three times over the course of three years. And every time his house floods, the government pays to help him repair the damage. Is something wrong here? | Subscribe to our weekly newsletter here.

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When Luddites Attack (Classic)

A couple centuries ago, a group of English clothworkers set out to destroy the machines that had been taking their jobs. | Subscribe to our weekly newsletter here.

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When The U.S. Paid Off The Entire National Debt (Classic)

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.

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We set up an offshore company in a tax haven (Classic)

The Pandora Papers released this week reveal how many world leaders allegedly hold wealth through the use of shell companies. We listen back to when we set up our very own Planet Money shell companies.

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How Do You Feel? (Classic)

We tend to think of economists as cold, unfeeling, attempting to be as rational as possible. But once a month, economists pick up the phone to just... check in with us. How are we feeling? Good, bad, worse than a year ago? It's a very specific phone call with very specific questions and a few years ago we looked into the origins of this very important survey that factors into economic decision making. | Subscribe to our weekly newsletter here.

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Burnout (Classic)

All types of companies are struggling with burnout. Many try to fix it. Most of them fail. One exception: A 26-year-old call center manager, with stress balls and costumes in her arsenal. | Subscribe to our weekly newsletter here.

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Auction fever (Classic)

Today, we go on a Planet Money roadtrip to learn the secrets of the auction world. We find some amazing bargains, some shady strategies and a giant big digger. | 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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Is a Stradivarius just a violin? (Classic)

Many music aficionados will tell you that violins and violas made by legendary craftsman Antonio Stradivari represent the pinnacle of the instruments. But what if it's all just an example of really good branding? | Subscribe to our weekly newsletter here.

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We buy a lot of Christmas trees (Classic)

Nick and Robert head to the world's largest Christmas tree auction with $1,000 and a truck. And get schooled in the tree market. | Subscribe to our weekly newsletter here.

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Bell wars (Classic)

The two biggest handbell companies in the world have been locked in a feud for decades. Why? | Subscribe to our weekly newsletter here.

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The holiday industrial complex (Classic)

Where do holidays like National Potato Chip Day and Argyle Day come from? We trace the roots of one made-up holiday until we find out who is running the global holiday machine. | Subscribe to our weekly newsletter here.

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Patent racism (classic)

Economist Lisa Cook has been nominated to serve on the Federal Reserve board. In 2020, she talked to us about proving that racism stifles innovation. | Subscribe to our weekly newsletter here.

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The M&M anomaly (Classic)

Despite costing the same price, a pack of peanut butter M&M's weighs 0.06 ounces less than a pack of milk chocolate M&M's. A trade secret explains why. | Subscribe to our weekly newsletter here.

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The dollar at the center of the world (Classic)

After World War II devastated the global economy, there was a push for a new universal currency. This is the story of how the U.S. dollar won. | Subscribe to our weekly newsletter here.

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Peanuts and Cracker Jack (Classic)

Ballpark vendors share their strategies and other secrets to selling the most hot dogs at baseball games. | Subscribe to our weekly newsletter here.

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Escheat show (Classic)

If you're looking for money you've forgotten about, there's a chance the government might have it. The good news is that you can get it back. | Subscribe to our weekly newsletter here.

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How the burrito became a sandwich (Classic)

A sandwich is generally defined as something delicious slapped between two slices of bread. New York tax code would beg to differ. | Subscribe to our weekly newsletter here.

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The bank war (Classic)

In the 1800s, populist president Andrew Jackson went head-to-head with the most powerful banker in America over who should control the country's money. This clash ended in disastrous results.

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When Subaru came out (Classic)

In the early 90s, Subaru was struggling to stand out in a crowded automobile market. In their greatest time of need, they turned to an unlikely ally: lesbians | Subscribe to our weekly newsletter here.

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The miracle apple (Classic)

Today on the show, how we got from mealy, nasty apples to apples that taste delicious. The story starts with a breeder who discovered a miracle apple. But discovering that apple wasn't enough.

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Hollywood's Black List (Classic)

This episode originally ran in 2020.

In 2005, Franklin Leonard was a junior executive at Leonardo DiCaprio's production company. A big part of his job was to find great scripts. The only thing — most of the 50,000-some scripts registered with the Writers Guild of America every year aren't that great. Franklin was drowning in bad scripts ... So to help find the handful that will become the movies that change our lives, he needed a better way forward.

Today on the show — how a math-loving movie nerd used a spreadsheet and an anonymous Hotmail address to solve one of Hollywood's most fundamental problems: picking winners from a sea of garbage. And, along the way, he may just have reinvented Hollywood's power structure.

This episode was produced by James Sneed and Darian Woods, and edited by Bryant Urstadt, Karen Duffin and Robert Smith.

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

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The zoo economy (classic)

Note: This episode originally aired in September, 2014.

Zoos follow a fundamental principle: You can't sell or buy the animals. It's unethical and illegal to put a price tag on an elephant's head. But money is really useful — it lets you know who wants something and how much they want it. It lets you get rid of things you don't need and acquire things that you do need. It helps allocate assets where they are most valued. In this case, those assets are alive, and they need a safe home in the right climate.

So zoos and aquariums are left asking: What do you do in a world where you can't use money?

This episode was originally produced by Jess Jiang.

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The Day of Two Noons (Classic)

(Note: this episode originally ran in 2019.)

In the 1800s, catching your train on time was no easy feat. Every town had its own "local time," based on the position of the sun in the sky. There were 23 local times in Indiana. 38 in Michigan. Sometimes the time changed every few minutes.

This created tons of confusion, and a few train crashes. But eventually, a high school principal, a scientist, and a railroad bureaucrat did something about it. They introduced time zones in the United States. It took some doing--they had to convince all the major cities to go along with it, get over some objections that the railroads were stepping on "God's time," and figure out how to tell everyone what time it was. But they made it happen, beginning on one day in 1883, and it stuck. It's a story about how railroads created, in all kinds of ways, the world we live in today.

This episode was originally produced by Alexi Horowitz-Ghazi and edited by Jacob Goldstein. Jess Jiang is Planet Money's Acting Executive Producer.


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How AI could help rebuild the middle class

For the last four decades, technology has been mostly a force for greater inequality and a shrinking middle class. But new empirical evidence suggests that the age of AI could be different. We speak to MIT's David Autor, one of the greatest labor economists in the world, who envisions a future where we use AI to make a wider array of workers much better at a whole range of jobs and help rebuild the middle class.

This episode was produced by Dave Blanchard and edited by Molly Messick. It was fact-checked by Sierra Juarez and engineered by Katherine Silva. Jess Jiang is Planet Money's acting executive producer.

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

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Twins (classic)

Twins are used to fielding all sorts of questions, like "Can you read each other's minds?" or "Can you feel each other's pain?" Two of our Planet Money reporters are twins, and they have heard them all.

But it's not just strangers on the street who are fascinated by twins. Scientists have been studying twins since the 1800s, trying to get at one of humanity's biggest questions: How much of what we do and how we are is encoded in our genes? The answer to this has all kinds of implications, for everything from healthcare to education, criminal justice and government spending.

Today on the show, we look at the history of twin studies. We ask what decades of studying twins has taught us. We look back at a twin study that asked whether genes influence antisocial behavior and rule-breaking. One of our reporters was a subject in it. And we find out: are twin studies still important for science?

(Note: This episode originally ran in 2019.)

Our show today was hosted by Sally Helm and Karen Duffin. It was produced by Darian Woods and Nick Fountain. It was edited by Bryant Urstadt.

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

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Summer School 3: Accounting and The Last Supper

Usually, the first class that an MBA student takes is accounting. That involves, yes, equations and counting widgets...but it's more than that. Inside the simple act of accounting is a revolutionary way of thinking not just about a business, but about the world. A universe where all the forces are in balance. Accounting gives you a sixth sense–one that can help you determine whether your business will survive or fail.

In this class, you'll learn the basics of accounting, and uncover its origins. We'll introduce you to the man who helped it spread around the world. He was a monk, a magician, and possibly the boyfriend of Leonardo da Vinci.

Is accounting... sexy?

Yes. Yes it is.

Find all episodes of Planet Money Summer School here.

This series is hosted by Robert Smith, and produced by Max Freedman. Our project manager is Julia Carney. This episode was edited by Sally Helm and engineered by Robert Rodriguez. The show is fact-checked by Sierra Juarez. Planet Money's executive producer is Alex Goldmark.

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

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Why the price of Coke didn't change for 70 years (classic)

Prices go up. Occasionally, prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late 1950s, a bottle of coke cost just a nickel.

On today's show, we find out why. The answer includes a half a million vending machines, a 7.5 cent coin, and a company president who just wanted to get a couple of lawyers out of his office.

This episode originally ran in 2012.

This episode was hosted by David Kestenbaum. Alex Goldmark is Planet Money's executive producer.

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

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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 its market power. It's a big case, with implications for consumers and businesses and digital marketplaces, and for antitrust law itself. That is the highly important but somewhat obscure body of law that deals with competition and big business.

And so, this week on Planet Money, we are doing a deep dive on the history of antitrust. It begins with today's episode, a Planet Money double feature. Two classic episodes that tell the story of how the U.S. government's approach to big business and competition has changed over time.

First, the story of a moment more than 100 years ago, when the government stepped into the free market in a big way to make competition work. It's the story of John D. Rockefeller and Standard Oil, and a muckraking journalist named Ida Tarbell.

Then, we fast forward to a turning point that took antitrust in the other direction. This is the story of a lawyer named Robert Bork, who transformed the way courts would interpret antitrust law.

These episodes were produced by Sally Helm with help from Alexi Horowitz Ghazi. They were edited by Bryant Urdstadt. Alex Goldmark is Planet Money's executive producer.

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The Chicken Tax (Classic)

Note: This episode originally ran in 2015.

German families in the 60s loved tasty, cheap American-raised chicken that was suddenly coming in after the war. And Americans were loving fun, cheap Volkswagen Beetles. This arrangement was too good to last.

Today on the show, how a trade dispute over frozen chicken parts changed the American auto industry as we know it.

This episode was reported by Robert Smith and Sonari Glinton. It was produced by Frances Harlow.

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

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How much does this cow weigh? (Classic)

This episode originally ran in 2015.

About one hundred years ago, a scientist and statistician named Francis Galston came upon an opportunity to test how well regular people were at answering a question. He was at a fair where lots of people were guessing the weight of an ox, so he decided to take the average of all their guesses and compare it to the correct answer.

What he found shocked him. The average of their guesses was almost exactly accurate. The crowd was off by just one pound.

This eerie phenomenon—this idea that the crowd is right—drives everything from the stock market to the price of orange juice.

So, we decided to test it for ourselves. We asked Planet Money listeners to guess the weight of a cow.

Spoiler: You can see the results here.

This episode was hosted by David Kestenbaum and Jacob Goldstein. It was produced by Nadia Wilson and edited by Bryant Urstadt. Alex Goldmark is Planet Money's executive producer.

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Why Gold? (Classic)

In the past few months, the price of gold has gone way up – even hitting a new high last month at just over $2,400 per troy ounce.

Gold has long had a shiny quality to it, literally and in the marketplace. And we wondered, why is that?

Today on the show, we revisit a Planet Money classic episode: Why Gold? Jacob Goldstein and David Kestenbaum will peruse the periodic table of the elements with one goal in mind: to learn which element would really make the best money.

This classic Planet Money episode was part of the Planet Money Buys Gold series, and was hosted by Jacob Goldstein and David Kestenbaum.

This rerun was hosted by Sally Helm, produced by Willa Rubin, edited by Keith Romer, and fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.

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

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

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The history of light (classic)

For thousands of years, getting light was a huge hassle. You had to make candles from scratch. This is not as romantic as it sounds. You had to get a cow, raise the cow, feed the cow, kill the cow, get the fat out of the cow, cook the fat, dip wicks into the fat. All that--for not very much light. Now, if we want to light a whole room, we just flip a switch.

The history of light explains why the world today is the way it is. It explains why we aren't all subsistence farmers, and why we can afford to have artists and massage therapists and plumbers. (And, yes, people who make podcasts about the history of light.) The history of light is the history of economic growth--of things getting faster, cheaper, and more efficient.

On today's show: How we got from dim little candles made out of cow fat, to as much light as we want at the flick of a switch.

Today's show was hosted by Jacob Goldstein and David Kestenbaum. It was originally produced by Caitlin Kenney and Damiano Marchetti. Today's rerun was produced by James Sneed, and edited by Jenny Lawton. It was fact-checked by Sierra Juarez. Engineering by Valentina Rodríguez Sánchez. Alex Goldmark is Planet Money's executive producer.

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What to do when you're in a class action

Maybe you got a boring slip of paper in the mail. Maybe you got a spammy-looking email promising you money. Surprise! You're in a class action. If you've done any commerce in the last decade, there's a good chance that someone somewhere was suing on your behalf and you have real money coming your way... if you know what to do.

Class action settlements are on the rise. And, on today's show, we're helping decipher the class action from the perspective of the average class member. How do class actions work? Why are these notices sometimes undecipherable? And, what do you stand to gain (or lose) by responding?

This episode was hosted by Kenny Malone and Nick Fountain. It was produced by James Sneed with help from Sam Yellowhorse Kesler. It was edited by Jess Jiang and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.

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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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The Last Patients

In the second part of our Kalaupapa story, we hear how people exiled from society reconnected with family – and found a new community. donate.storycorps.org/podcast

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