The Indicator from Planet Money
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The Indicator from Planet Money

The Indicator from Planet Money

A bite-sized show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening in today's economy. It's a quick hit of insight into money, work, and business. Monday through Friday, in 10 minutes or less.

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    How the French pensions débâcle is a warning to us all

    How the French pensions débâcle is a warning to us all

    Nov 10, 20259 min

    France has one of the most generous pension systems in the world. But several governments there have collapsed over questions about how the government will fund it. All over the world, aging populations are forcing governments to rethink their assumptions.  Today on the show, what France’s political fiascos teach all of us about the economics of an aging population, and what a retirement expert’s ideal retirement system might look like. Mercer CFA Institute Global Pension Index 2025 (https://www.mercer.com/insights/investments/market-outlook-and-trends/mercer-cfa-global-pension-index/) Related episodes:  What would it take to fix retirement? (https://www.npr.org/2024/03/06/1197962836/the-indicator-from-planet-money-retirement-social-security-pension-03-06-2024)  What does the next era of Social Security look like? (https://www.npr.org/2024/09/26/1201730554/what-does-the-next-era-of-social-security-look-like)  When Retirement Advice Goes Viral (https://www.npr.org/2018/06/07/618025975/when-retirement-advice-goes-viral)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    French PensionsRetirement AgeEmmanuel Macron
    Can air traffic controllers keep calm and carry on — without pay?

    Can air traffic controllers keep calm and carry on — without pay?

    Nov 7, 20259 min

    There’s one job that gets all the attention during a government shutdown: air traffic controllers. Today on the show, we spotlight why this job has taken on outsize political influence and one controller’s experience during the longest shutdown on record. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Tyler Jones. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Government ShutdownAir Traffic ControllersFlight Delays
    This indicator hasn’t flashed this red since the dot-com bubble

    This indicator hasn’t flashed this red since the dot-com bubble

    Nov 6, 20259 min

    The “Shiller PE Ratio” is at its highest level since November of 1999. That was at the peak of the online gold rush right before the dot com bubble burst in 2000. Today on the show, we learn what the Shiller PE Ratio is, how it works and whether we should be worried that it’s relatively high right now. You can find John Campbell's book here: Fixed: Why Personal Finance is Broken and How to Make It Work for Everyone (https://www.amazon.com/Fixed-Personal-Finance-Broken-Everyone-ebook/dp/B0F4LX7FC9) Related episodes:  What’s a Bubble? (https://www.npr.org/2021/06/30/1011906325/whats-a-bubble-classic) Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes (https://www.npr.org/2024/05/10/1197959049/zombie-second-mortgages-homeowners-foreclosure) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Tyler Jones. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).  To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Shiller PE RatioCAPEDot-com Bubble
    Who's propping up Russian oil?

    Who's propping up Russian oil?

    Nov 5, 20259 min

    Russia’s been subject to more than 5,000 sanctions since its invasion of Ukraine. Yet many purported allies of Ukraine are still getting Russian oil — directly or indirectly. On today’s show, how governments are straddling the fence and skirting their own sanctions.  Related episodes:   How the ‘shadow fleet’ helps Russia skirt sanctions (https://www.npr.org/2024/04/04/1197963562/the-indicator-from-planet-money-russia-shadow-fleet-sanctions-04-04-2024)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Russia SanctionsUkraine InvasionTaiwan Naphtha
    How Apple's market power blocked ICEBlock

    How Apple's market power blocked ICEBlock

    Nov 4, 20259 min

    Last month, the Trump administration asked Apple to remove an app from its App Store that crowdsourced sightings of Immigration and Customs Enforcement agents. Today on the show, we explain what an ongoing legal battle involving the developer of the video game Fortnite has to do with Apple’s latest move to comply with the Trump administration. Related episodes:  How Fortnite brought Google to its knees (http://npr.org/2024/05/22/1197964842/the-indicator-from-planet-money-epic-games-google-antitrust-fortnite-05-22-2024) The DOJ's case against Apple (https://www.npr.org/2024/09/12/1198907946/the-dojs-case-against-apple) Apple v Everybody (http://npr.org/2020/09/18/914563075/apple-v-everybody) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Apple App StoreICEBlockJoshua Aaron
    When AI is your job interviewer

    When AI is your job interviewer

    Nov 3, 20259 min

    Companies are starting to use AI to interview potential employees. Sound creepy? Well, a new study suggests it might not be all bad.. Today on the show, we look at why a job interview with AI might be preferable to one with a human. And Adrian gets grilled by an AI job recruiter named “Anna.”  Related episodes:  AI creates, transforms and destroys … jobs (https://www.npr.org/2023/12/08/1197958787/ai-jobs-friday) Fighting AI with AI (https://www.npr.org/2025/10/06/nx-s1-5561881/fighting-ai-with-ai)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).  To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    AI InterviewerAnna AIPSG Global
    A school cellphone ban study, white collar jobs wither, and spooky candy prices

    A school cellphone ban study, white collar jobs wither, and spooky candy prices

    Oct 31, 20259 min

    It’s … Indicators of the…Eek! (Indicators of the Week.) Our regular look at some of the most fascinating economic numbers from the news.  On today’s episode: How cell phone bans in schools affect grades (https://www.nber.org/papers/w34388), white collar workers get the axe (https://www.stlouisfed.org/on-the-economy/2025/aug/is-ai-contributing-unemployment-evidence-occupational-variation), and AHHH! Halloween candy inflation (https://tcf.org/content/commentary/tricks-treats-and-tariffs-how-trump-is-making-halloween-more-expensive/)!  Related episodes:  Are you afraid of inflation? (https://www.npr.org/2021/10/29/1050569215/are-you-afraid-of-inflation)  A finance fright fest (https://www.npr.org/2023/10/30/1197956399/scary-economics-dark-pools-zombie-companies)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Julia Ritchey and Corey Bridges. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Amazon layoffsAI job displacementFlorida cellphone ban
    Are China and India BFFs now?

    Are China and India BFFs now?

    Oct 30, 20259 min

    China and India have a long, complicated history. Just a few years ago, there was a spate of armed skirmishes between the two nations. And yet, there are signs of warming relations amidst President Trump’s ongoing trade war. Today on the show, is that trade war pushing India toward China? And what could happen if two of the world’s largest economies come together?  Related episodes:  China’s trade war perspective (https://www.npr.org/2025/04/22/1246322286/chinas-trade-war-perspective)  What might save China's economy (https://www.npr.org/2025/03/18/1239156785/what-might-save-chinas-economy) Is the US pushing countries towards China? (https://www.npr.org/2025/04/29/1247777247/pakistan-us-china-trade-tariffs-aid)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    ChinaIndiaGalwan Valley
    Is Obamacare doomed without extended subsidies?

    Is Obamacare doomed without extended subsidies?

    Oct 29, 20259 min

    Health insurance subsidies are at the center of the current government shutdown. Democrats want to extend some expiring Affordable Care Act/Obamacare subsidies. Obamacare has weathered several political storms since its inception, but how will it fare without those subsidies? Today on the show, death spirals and the future of Obamacare. Related episodes:  The hidden costs of healthcare churn (https://www.npr.org/2025/06/12/1254056490/healthcare-churn-insurance-medicaid-america)  How doctors helped tank universal healthcare (https://www.npr.org/2025/06/09/1253891564/how-doctors-helped-tank-universal-health-care) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    ObamacareACAHealth Insurance Subsidies
    How Marxism went from philosophy to cudgel

    How Marxism went from philosophy to cudgel

    Oct 28, 202510 min

    Republican politicians like to use the term ‘Marxist’ to criticize Democrats. Lately, they’ve dubbed New York City mayoral candidate a ‘Marxist’ despite him identifying himself as a democratic socialist. Today on the show, we dig into what ‘Marxism, as an economic term,’ actually means.Related episodes:  Socialism 101 (https://www.npr.org/2021/03/26/981686254/socialism-101) Even the facts are polarized (https://www.npr.org/2020/02/03/802417653/even-the-facts-are-polarized)For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    MarxismKarl MarxDas Kapital
    The new language of AI tech workers

    The new language of AI tech workers

    Oct 27, 20259 min

    It’s hard for young tech workers to find a job, even with the AI buildout bonanza. This has spawned a curious worldview that fears AI is coming for our jobs and a drive to be at the top of the AI food chain. This, tech writer Jasmine Sun believes (https://jasmi.news/p/dictionary), is revealed in the emerging dialect of Silicon Valley tech workers.    Today on the show, San Francisco slang. Jasmine Sun takes us on a tour of high-agency 996ers and NPCs to see what it could mean for our present and our future. Related episodes:  No AI data centers in my backyard! (https://www.npr.org/2025/10/22/nx-s1-5581445/no-ai-data-centers-in-my-backyard) How much is AI actually affecting the workforce? (https://www.npr.org/2025/09/04/nx-s1-5527315/how-much-is-ai-actually-affecting-the-workforce) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Silicon ValleySan FranciscoJasmine Sun
    Amazon's outage, anxious retirees, and LA brings the Heat, too

    Amazon's outage, anxious retirees, and LA brings the Heat, too

    Oct 24, 20259 min

    It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news.  On today’s episode: the Amazon global internet outage, Americans plan to siphon their Social Security checks early, and Mann, we love some Heat 2.  Related episodes:  What does the next era of Social Security look like? (https://www.npr.org/2024/09/26/1201730554/what-does-the-next-era-of-social-security-look-like)  Why aren't filmmakers shooting in LA? (https://www.npr.org/2025/07/15/1255699454/los-angeles-tax-credits-film-newsom-hollywood)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Julia Ritchey Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Amazon Web ServicesAWS OutageSocial Security
    Are concert tickets UNDER priced?

    Are concert tickets UNDER priced?

    Oct 23, 20259 min

    Ticketmaster's CEO says that concert tickets are underpriced. But from inflation to bots to unscrupulous resellers, the market for tickets feels out of control to many fans. Can anything be done? Today on the show: Ticket resellers, a new law in Maine, and a T-shirt cannon.  Related episodes: Ticket scalpers: The real ticket masters (https://www.npr.org/2021/11/23/1058704237/ticket-scalpers-the-real-ticket-masters)  Ticketmaster's dominance, Caitlin Clark's paycheck, and other indicators (https://www.npr.org/2024/04/19/1197963913/cailtin-clark-ticketmaster-artificial-intelligence) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    TicketmasterLive NationMichael Rapino
    No AI data centers in my backyard!

    No AI data centers in my backyard!

    Oct 22, 20259 min

    In the rush to power AI, data centers are popping up in small communities across the U.S. But a growing backlash against this build-out is pitting communities against developers over energy prices and water use. Today on the show, one Michigan community’s fight to stop a data center and what it means for Big Tech. Related episodes:  What $10B in data centers actually gets you (https://www.npr.org/2025/04/02/1242229718/ai-mississippi-jobs-data-centers-virginia)  Is AI overrated or underrated? (https://www.npr.org/2024/09/11/1198748511/is-ai-overrated-or-underrated) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Data CentersAIPavilion Township
    Should we ditch quarterly earnings reports?

    Should we ditch quarterly earnings reports?

    Oct 21, 20258 min

    Quarterly earnings reports are a long-standing requirement for public companies in the U.S. But the Trump administration wants to axe quarterly releases and just release them twice a year. And there is evidence to suggest this could be better in the long run for companies and investors. On today’s show, we look at the potential benefits and trade-offs of changing how often companies report their financial results.  Related episodes:  Can shareholders influence Elon Musk’s trillion dollar pay package? (https://www.npr.org/2025/09/10/nx-s1-5535842/can-shareholders-influence-elon-musks-trillion-dollar-pay-package)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Quarterly Earnings ReportsTrump AdministrationSEC
    Why are veterinarian bills getting so ruff on the wallet?

    Why are veterinarian bills getting so ruff on the wallet?

    Oct 20, 20258 min

    Since 2020, the cost of veterinary care has increased about 40%—almost twice the rate of inflation. As a result, many pet owners say they've skipped necessary vet care. So, what's going on here? A veterinarian, and a lesser-known economic theory, have some answers.  Related episodes:  The Vet Clinic Chow Down (https://www.npr.org/2021/06/22/1009137378/the-vet-clinic-chow-down)  What Do Private Equity Firms Actually Do? (https://www.npr.org/sections/money/2012/02/21/147223073/the-tuesday-podcast-what-do-private-equity-firms-actually-do) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Veterinary CostsBaumol's Cost DiseasePet Health Care
    Government shutdown fallout, price floors, and AI slop against the machine

    Government shutdown fallout, price floors, and AI slop against the machine

    Oct 17, 20259 min

    It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: Frozen and canceled federal dollars, America’s intensifying tit-for-tat with China, and a sloppy trend infiltrating the music business. (With a pocket full of shells.)Related episodes:  China's trade war perspective (https://www.npr.org/2025/04/22/1246322286/chinas-trade-war-perspective)  Fighting AI with AI  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at (https://www.npr.org/2025/10/06/nx-s1-5561881/fighting-ai-with-ai)plus.npr.org (http://plus.npr.org/). Fact-checking by C (https://www.npr.org/people/1268825622/sierra-juarez)orey Bridges. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

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    OpenAI's deals are looking a little frothy

    OpenAI's deals are looking a little frothy

    Oct 16, 202510 min

    There have been many headline-grabbing AI deals recently: Nvidia investing up to $100 billion in OpenAI. OpenAI promising to buy $300 billion worth of computing power from Oracle. Oracle buying tons of chips from Nvidia.  But … where’s the money coming from? Is all this AI overhype … a bubble?  On today's show, how money flows in the AI hyperscaling flood.  Related episodes:  Is AI overrated? (https://www.npr.org/2024/07/25/1197967800/is-ai-overrated)  Is AI underrated? (https://www.npr.org/2024/07/24/1197967794/is-ai-underrated) The messy human drama behind OpenAI (https://www.npr.org/2023/11/20/1197958395/the-messy-human-drama-behind-openai)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

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    Inside the growing industry to defend schools from mass shootings

    Inside the growing industry to defend schools from mass shootings

    Oct 15, 20259 min

    From drones to body armor to bulletproof whiteboards, companies are offering schools a multitude of products to try to deter or protect against the next school shooting. But does any of this stuff work? On today’s show, a look inside the school shooting industry. What's for sale and the psychology behind the growing industry.Related episodes:   Why are so many public schools closing? (https://www.npr.org/2025/09/24/nx-s1-5551077/why-are-so-many-public-schools-closing)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

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    Why do we live in unusually innovative times?

    Why do we live in unusually innovative times?

    Oct 14, 202510 min

    For most of human history, economic growth was, well, pretty bleak. But around the Enlightenment, things started clicking. This year's Nobel Memorial Prize in Economic Sciences went to a trio of researchers whose work focuses on how technological progress led to this sustained economic growth. Today we hear from one of them, Joel Mokyr, about his work on European economic history. Related episodes:  Why are some nations richer? (https://www.npr.org/2024/10/15/1211165443/the-indicator-from-planet-money-nobel-economics-prize-institutions-10-15-2024) (2024 Economics Nobel)  A conversation with Nobel laureate Claudia Goldin (https://www.npr.org/2023/10/10/1197954680/the-indicator-from-planet-money-10-10-2023) (2023 Economics Nobel) When Luddites attack (Update) (https://www.npr.org/2021/09/24/1040606747/when-luddites-attack-classic) (Featuring Joel Mokyr) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

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