The shocks of the pandemic economy gave us a bunch of enormous natural experiments, which helped to prove or disprove conventional economic thinking.

Take, for example, the bullwhip effect, the idea that the further away from the customer you are in the supply chain, the more volatile your orders are likely to be. This theory played out at an enormous scale, in the pandemic. Consumers and companies overreacted to the risk of shortages by ordering more products and hoarding them, causing massive shifts in the supply chain – just like the theory says.

And the pandemic gave us a lot of natural experiments like this. So, on this special live edition of Planet Money, we looked for other big economic lessons from the past three years, and we took this information and turned it into... a gameshow! It's Two Truths and a Lie: Econ Edition. We get into questions about the workforce and labor market during the pandemic, and how it affected how economists view the world.

This episode was hosted by Mary Childs. It was produced by Dave Blanchard, and edited by Jess Jiang. It was engineered by Josh Newell with help from Robert Rodriguez. Original music by Jesse Perlstein.

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Find all episodes of Planet Money Summer School here.

Planet Money Summer School is back! It's the free economics class you can take from anywhere... for everyone! For Season 4 of Summer School, we are taking you to business school. It's time to get your MBA, the easy way!

In this first class: Everyone has a million dollar business idea (e.g., "Shazam but for movies"), but not everyone has what it takes to be an entrepreneur. We have two stories about founders who learned the hard way what goes into starting a small business, and getting it up and running.

First, a story about Frederick Hutson, who learned about pain points and unique value propositions when he founded a company to help inmates and their families share photos. Then, we take a trip to Columbia, Maryland with chefs RaeShawn and LaShone Middleton. Their steamed crab delivery service taught them the challenges of "bootstrapping" to grow their business. And throughout the episode, Columbia Business School professor Angela Lee explains why entrepreneurship can be really difficult, but also incredibly rewarding, if you have the stomach for it.

(And, we should say, we are open to investors for "Shazam but for movies." Just sayin'.)

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We here at Planet Money love economics papers. And that is also the case for so many of the economists we speak with. For them, new research can explain something they have always wondered about, or make them see something they have never noticed before. And it inspires their own work.

So, to bring that same sense of discovery to you, the listener, today we are dedicating our show to a special experiment. A new way to share some of the most fascinating, clever and surprising economics papers in a segment we're calling: The Econ Paper Club.

On today's show, we read the econ papers so you don't have to. We take a joyous romp through some of the most fascinating ideas floating around economics right now. And we find that some of those fascinating ideas are about some of the biggest things in life: the careers we choose, the expectations that come with parenting and what one eminent economist calls 'greedy jobs.'

This episode was hosted by Erika Beras and Kenny Malone. It was produced by Sam Yellowhorse Kesler and James Sneed. It was edited by Molly Messick. It was fact-checked by Sierra Juarez, and engineered by Robert Rodriguez. Alex Goldmark is our 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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Here at Planet Money, Thanksgiving is not just a time to feast on turkey, stuffing, mashed potatoes, green bean casseroles and pie(s). It's also a time to feast on economics. Today, we host a very Planet Money Thanksgiving feast, and solve a few economic questions along the way.

First: a turkey mystery. Around the holidays, demand for turkey at grocery stores goes up by as much as 750%. And when turkey demand is so high, you might think that the price of turkey would also go up. But data shows, the price of whole turkeys actually falls around the holidays; it goes down by around 20%. So what's going on? The answer has to do what might be special about supply and demand around the holidays.

We also reveal what is counted (and not counted) in the ways we measure the economy.

And we look to economics to help solve the perennial Thanksgiving dilemma: Where should each dinner guest sit? Who should sit next to whom?

This episode was hosted by Erika Beras and Jeff Guo. It was produced by James Sneed with an assist from Emma Peaslee and edited by Jess Jiang. It was fact-checked by Sierra Juarez and engineered by Josh Newell.

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, the NPR app or anywhere you get podcasts.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

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We've lived amongst Elon Musk headlines for so long now that it's easy to forget just how much he sounds like a sci-fi character. He runs a space company and wants to colonize mars. He also runs a company that just implanted a computer chip into a human brain. And he believes there's a pretty high probability everything is a simulation and we are living inside of it.

But the latest Elon Musk headline-grabbing drama is less something out of sci-fi, and more something pulled from HBO's "Succession."

Elon Musk helped take Tesla from the brink of bankruptcy to one of the biggest companies in the world. And his compensation for that was an unprecedentedly large pay package that turned him into the richest person on Earth. But a judge made a decision about that pay package that set off a chain of events resulting in quite possibly the most expensive, highest stakes vote in publicly traded company history.

The ensuing battle over Musk's compensation is not just another wild Elon tale. It's a lesson in how to motivate the people running the biggest companies that – like it or not – are shaping our world. It's a classic economics problem with a very 2024 twist.

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People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter.

This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year.

Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness.

This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.

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In 1920, a father made a split-second decision to save his newborn's life by taking her to an incubator exhibit at Coney Island. We meet her in this episode, and she shares how a sideshow attraction saved her life, and thousands of others, when hospitals couldn't, ultimately changing the course of American medicine.

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Recessions, depressions, bubbles, and blue skies — our economy has a history of soaring and plummeting. This hour, TED speakers look to the past for lessons on building a more stable financial future. Guests include journalist Kathleen Day, financial advisor Tammy Lally, writer Elizabeth White, and filmmaker Abigail Disney.

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Original broadcast date: December 11, 2020. Recessions, depressions, bubbles, and blue skies — our economy has a history of soaring and plummeting. This hour, TED speakers look to the past for lessons on building a more stable financial future. Guests include journalist Kathleen Day, financial advisor Tammy Lally, writer Elizabeth White, and filmmaker Abigail Disney.

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Original broadcast date: December 11, 2020. Recessions, depressions, bubbles, and blue skies — our economy has a history of soaring and plummeting. This hour, TED speakers look to the past for lessons on building a more stable financial future. Guests include journalist Kathleen Day, financial advisor Tammy Lally, writer Elizabeth White, and filmmaker Abigail Disney.

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Here’s how to know if you’re making enough time for happiness, and what to do if you’re not.

When you think of the value a side hustle can bring to your life, what comes to mind? If one of your first thoughts is "making extra money," you're not wrong. Starting a side gig is a great way to bring in extra income during your time away from your primary job. But you might also want to consider how the right side hustle can make you better and more ...

High temperatures in industrial settings are a leading cause of downtime. Controlling units and microprocessors age quickly under heat pressure, which means that generated heat must be removed efficiently or heat damage will occur.

The hype around "big data" has mainly aimed at niche market sales without delivering expected benefits. Similarly, the business world's obsession with Lean Six Sigma has shown minimal returns on investment. In contrast, over the last 25 years, I've leveraged small Excel files to significantly cut costs and increase profits, often by millions of dollars, through a reliable sequence I discovered.

Office workers across five markets have increased expectations when it comes to their building’s IAQ and carbon footprint and reported the responsibility falls directly on their employer or building manager.

The building, which opened in September, features energy-saving qualities that include insulated walls, occupancy sensors for lighting, and high-efficiency HVAC and boilers.

The initiative will also support Honeywell Energy Solutions Group’s existing multi-phase Energy Savings Performance Contract (ESPC) program with Boston as part of the Renew Boston Trust program to help achieve energy and carbon reductions in city-owned historic buildings.

Florida Gov. Ron DeSantis, who dropped out of the presidential race early this year, has backtracked on accepting his state’s share of federal funding for the Home Electrification and Appliance Rebates program.

Some savvy investors realize the greatest potential for helping the environment and getting a good return on investment comes from the HVAC industry.

Working through one company and a fixed stipend, EaaS/EEaaS is designed to simplify and streamline all on-site efficiency upgrades, eliminating massive equipment costs, supply chain delays, unexpected maintenance charges, and more.

As the federal government plans millions in grant funding to boost heat-pump manufacturing in the U.S., a big player in the market as well as a newcomer are thrilled with the opportunity.

Combining advanced automation and data analytics, Outcome Based Service enables Honeywell service engineers to assess and scrutinize building assets around the clock, promoting the identification of anomalies and misconfigurations.

Honeywell announced the launch of Honeywell Forge Energy Optimization, a cloud-based, closed-loop, machine learning solution.

Cochrane Supply & Engineering has been distributing Honeywell products since Cochrane was founded. Co-founder Don Cochrane Sr. got his start with Honeywell.

a long but well written and informative posting on how to negotiate your salary when taking a new job

The hook in "Broke It, Buy It" is insidiously catchy enough to ricochet through your head for days. Levy concludes with the implication that our inability to accept our failings causes more unhappiness than the failures themselves as we chase retail solutions — "we broke it, so we buy it."

The more disgruntled your team, the more they focus on money (paychecks). The better the synergy, the less money is the key motivator for doing good work.

The New York Federal Reserve branch's Roberto Perli is manager of the Fed’s System Open Market Account (SOMA).

• Recent quarter-end money market volatility not historically large.
• Still strong evidence reserve levels remain abundant.
• No imminent signs of issues for Fed to implement monetary policy.
• Recent quarter-end pressure was contained.
• Slow rise in repo rates has been orderly.
• Standing repo facility stands ready to provide liquidity.
• Notes there’s been more friction in money markets lately.

---

The Federal Reserve’s System Open Market Account (SOMA) is the central portfolio used by the Federal Reserve to conduct monetary policy. It holds the securities that the Fed buys and sells through open market operations, primarily U.S. Treasury securities, agency debt, and mortgage-backed securities. SOMA is a key tool for influencing short-term interest rates and managing the money supply. By adjusting the size and composition of this portfolio, the Fed can influence liquidity, credit conditions, and the overall stance of monetary policy in the economy.

In addition to domestic assets, SOMA also holds foreign currency assets, allowing the Fed to participate in foreign exchange markets when necessary. The New York Federal Reserve Bank manages SOMA on behalf of the entire Federal Reserve System.

ISSYK-KUL, Kyrgyzstan, 8 July 2016 – A five-day training course supported by the OSCE Centre in Bishkek on a risk-oriented approach in supervising activities related to anti-money laundering and combating the financing of terrorism concluded today in Bosteri village, in the Issyk-Kul region.

The aim of the workshop, which was organized by the State Financial Intelligence Service under the Government of the Kyrgyz Republic (SFIS) in partnership with the International Monetary Fund (IMF), was to update the relevant State agencies and financial institutions on the practical aspects of a risks-oriented approach in their work. Some 46 officials from law enforcement agencies, supervisory agencies and financial institutions took part.

“A risks-oriented approach is the process which allows the countries to identify, assess and understand risks to effectively combat money laundering and financing of terrorism,” said Nana Baramidze, Senior Economic and Environmental Officer at the OSCE Centre. “The OSCE Centre in Bishkek fully supports the efforts of the Kyrgyz Government in its attempt to establish effective systems to counter money laundering and the financing of terrorism.”

Chyngyz Kenenbayev, Head of the Organizational and Legal department of the SFIS, said: “We are holding this educational seminar to train representatives of national authorities and the private sector so that we can successfully pass the second round of the evaluation by the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG). In order to fulfil international obligations under the EAG, the Kyrgyz Republic is to conduct a mutual assessment of its anti-money laundering and combating the financing of terrorism system. From 28 November to 9 December 2016, a visiting mission of EAG evaluators will conduct this assessment within the Financial Action Task Force (FATF) initiative."

The training course, which was conducted by two IMF experts and three SFIS officials, was part of the OSCE assistance to the Kyrgyz Government in preparing for the second round of the FATF evaluation.

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• OSCE Centre in Bishkek trains defence lawyers and prosecutors on right to liberty and freedom from arbitrary arrest or detention

The OSCE Programme Office in Astana will support a training seminar on preventing money laundering and combating the financing of terrorism (AML/CFT) for some 40 designated non-financial business and professions, namely notaries and advocates. The expert from the Russian Federation will present their country’s best practices on the efficient implementation of the AML/CFT national legislation and familiarize the audience with the AML/CFT international legal standards and requirements. The event also aims to enhance the co-operation between the non-financial sector actors and the AML/CFT national authorities.

The event is part of the Office’s long-standing efforts to promote good governance and AML/CFT framework in the host country.

Related Stories

• OSCE promotes ‘green’ women’s entrepreneurship in rural areas of Kazakhstan
• OSCE Programme Office concludes series of training seminars on National Preventive Mechanism Implementation in Kazakhstan
• OSCE concludes series of training seminars on implementing the National Preventive Mechanism in Kazakhstan

ISSYK-KUL, Kyrgyzstan, 8 July 2016 – A five-day training course supported by the OSCE Centre in Bishkek on a risk-oriented approach in supervising activities related to anti-money laundering and combating the financing of terrorism concluded today in Bosteri village, in the Issyk-Kul region.

The aim of the workshop, which was organized by the State Financial Intelligence Service under the Government of the Kyrgyz Republic (SFIS) in partnership with the International Monetary Fund (IMF), was to update the relevant State agencies and financial institutions on the practical aspects of a risks-oriented approach in their work. Some 46 officials from law enforcement agencies, supervisory agencies and financial institutions took part.

“A risks-oriented approach is the process which allows the countries to identify, assess and understand risks to effectively combat money laundering and financing of terrorism,” said Nana Baramidze, Senior Economic and Environmental Officer at the OSCE Centre. “The OSCE Centre in Bishkek fully supports the efforts of the Kyrgyz Government in its attempt to establish effective systems to counter money laundering and the financing of terrorism.”

Chyngyz Kenenbayev, Head of the Organizational and Legal department of the SFIS, said: “We are holding this educational seminar to train representatives of national authorities and the private sector so that we can successfully pass the second round of the evaluation by the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG). In order to fulfil international obligations under the EAG, the Kyrgyz Republic is to conduct a mutual assessment of its anti-money laundering and combating the financing of terrorism system. From 28 November to 9 December 2016, a visiting mission of EAG evaluators will conduct this assessment within the Financial Action Task Force (FATF) initiative."

The training course, which was conducted by two IMF experts and three SFIS officials, was part of the OSCE assistance to the Kyrgyz Government in preparing for the second round of the FATF evaluation.

Related Stories

• To mark World Day against Trafficking in Persons OSCE Centre in Bishkek supports public awareness raising campaign
• OSCE Centre in Bishkek supports summer school on topical issues of police reform
• OSCE Centre in Bishkek trains defence lawyers and prosecutors on right to liberty and freedom from arbitrary arrest or detention

The Miami Dolphins immediately got to work adding undrafted free agents to their rookie class upon completion of the NFL draft Saturday night.

Foldable smartphones may still be niche products, but they've become tech showcases for their respective brands. Chinese phone maker Oppo is arguably one of the forerunners in this aspect and if rumors of the upcoming Find N5 are any indicators, this foldable will be the most potent of its kind come 2025. With more models launching next year,

FIGI - DFS - Technical Report on Methodology for inter-operator and cross-border P2P money transfers

AT&T praises itself after getting caught taking too much money from FCC program arstechnica.com
Altice USA aims to fix broken video model with more flexible pay-TV options lightreading.com
Donald Trump And Joe Rogan Think Elon Musk s Starlink Is Akin To Magic Pixie Dust techdirt.com
WISPs want more fiber, getting to it is a challenge fierce-network.com
AST SpaceMobile Successfully Unfolds First Satellites telecompetitor.com
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles theverge.com
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2024 World Wide Technology Championship prize money: What champ Austin Eckroat and field earned  NBC Sports

2024 World Wide Technology Championship money: Here’s how much every player made  GOLF.com

While Netflix subscribers in Canada are getting the most bang for their buck, Danish viewers are paying through the nose.

Read more: Which countries get the most value for money out of Netflix?

Motivational speaker Tony Robbins offers tips on navigating the complexities of finance; his new book is called "MONEY Master the Game: 7 Simple Steps to Financial Freedom"

The Army will keep most software development efforts in ongoing development mode and not transition them to sustainment as part of its modernization efforts.

The post Army changing the color of money used to modernize software first appeared on Federal News Network.

SBA offers Economic Injury Disaster Loans to businesses and people affected by disasters. It said earlier this month it expects to soon run out of funding.

The post Small business disaster loan program is out of money until Congress approves new funds first appeared on Federal News Network.

Location: Main Media Collection - Video record 42438 DVD

Location: Main Media Collection - Video record 42403 DVD

Former President Trump is scheduled to headline fundraisers in San Francisco, Beverly Hills and Newport Beach next week after his felony convictions.

L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.

The Redskins will have a chance to draft LSU corner Tyrann Mathieu. Two years ago, that would have been an exciting possibility. Now? After missing last season because he was kicked off the team, reportedly for multiple positive drug tests? It's far from a no-brainer and, really, it depends on your philosophy.

Helmed by Buzz Osborne, the Melvins have helped codify the heavy music lexicon since 1983…

Joining the rapper's new album 'A Gangsta's Pain' as the new entry in this week's chart is Eric Church's 'Soul' as it debuts at No. 4 with 53,000 equivalent album units earned.

The 'Midnight Sky' actor shows up at a random guy's house and stays there during lockdown, bringing with him posters and pillow with Brad Pitt's face printed on it.

The 'Carol' star has written a heartfelt open letter as part of Farm Sanctuary's campaign commemorating the day that is specifically dedicated to mothers and maternal figures.