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Make Me Smart

Make Me Smart

Each weekday, Marketplace?s Kai Ryssdal and Kimberly Adams make today make sense. Along with our supersmart listeners, we break down happenings in tech, the economy and culture. Every Tuesday we bring on a guest to dive deeper into one important topic. Because none of us is as smart as all of us.

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Episodes

What does a UAW endorsement mean for Biden?

United Auto Workers President Shawn Fain announced that the union has endorsed President Biden’s bid for re-election. It’s a big deal for Biden’s pro-labor image. But what else could the union endorsement mean for his campaign? And, we’ll get into the conflict between facts and feelings in today’s economy. Plus, the political implications of a decline in local journalism and what the history of the New Deal can teach about ambitious investment in our country’s infrastructure.

Here’s everything we talked about today:

“What UAW backing means for Biden ? and why the union?s endorsement took so long” from The Conversation

“U.S. Economy Grew at 3.3% Rate in Latest Quarter” from The New York Times

“Yellen, Criticizing Trump, Says Biden’s Economy Has Delivered Gains” from The New York Times

“L.A. Times to lay off at least 115 people in the newsroom” from L.A. Times

“More than half of U.S. counties have no access or very limited access to local news” from Medill

“How FDR’s New Deal changed the U.S. economy forever” from Marketplace

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

2024-01-26
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What Congress doesn’t want to talk about (tax hikes)

The federal deficit is growing, and a former U.S. Treasury secretary is offering a solution: raising taxes! We’ll get into why talking tax hikes is a big no-no in Congress and why spending cuts may not cut it this time either. And, foreign nationals aren’t allowed to contribute to U.S. elections. But a loophole is seemingly allowing some foreign-influenced companies to do just that. Plus, the story of an astronaut and a dangerous ultimatum.

Here’s everything we talked about today:

“Joe Manchin?s debt crusade” from Politico

“Rubin Says US In a ?Terrible Place? on Deficit, Urges Tax Hikes” from Bloomberg

“All these government shutdown close calls cost money” from Marketplace

?Foreign-Influenced Corporate Money in State Elections? from Open Secrets

“Jon Stewart Returns to ‘Daily Show’ as Monday Host, Executive Producer” from Variety

?What happens when an astronaut in orbit says he?s not coming back?? from Ars Technica

We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-24
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What happens when private equity firms own nursing homes?

The long-term care industry has been plagued by unaffordable prices and staffing shortages, squeezed by growing demand as the country ages. But public health officials have been voicing concerns about another, more hidden issue: the rise of private-equity-owned nursing homes. On the show today, Mark Unruh, professor of population health sciences at Weill Cornell Medical College, breaks down the long-term care industry, how nursing homes are impacted by private equity ownership, and what high, convoluted costs and staffing shortages mean for aging Americans seeking nursing home care.

Then, we’ll dig into a niche economic indicator and how work is weighing on us. Plus, how one listener used their pandemic stimulus cash.

Here’s everything we talked about today:

“How do nursing homes make money?” from Marketplace

“How Patients Fare When Private Equity Funds Acquire Nursing Homes” from the National Bureau of Economic Research

“?They Were Traumatized?: How a Private Equity-Associated Lender Helped Precipitate a Nursing-home implosion” from Politico

“Who Really Owns Nursing Homes, And How The Feds Are About To Learn More” from Forbes

“Dying Broke” from KFF Health News

“Unhappy Workers Cost US Firms $1.9 Trillion” from Bloomberg

“New LegalShield Data Reveals Highest Consumer Financial Stress Level in 3 Years” from LegalShield

“TurboTax isn?t allowed to say it?s ?free? anymore” from The Verge

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-24
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When campaign-finance law looks like an unfunny joke

Florida Gov. Ron DeSantis has ended his 2024 presidential bid. One feature of his campaign that caught our attention: the tight-knit relationship between himself and the Ron DeSantis super PAC, two things that should be very separate. We’ll get into how DeSantis’ team pushed the boundaries of campaign-finance law and what it says about how we govern campaign cash in the U.S. And, we’ll peel back the layers of DeSantis’ recent misattributed Winston Churchill quote. Plus, a record morning for manatees in a Florida state park!

Here’s everything we talked about today:

“DeSantis-linked super PAC broke new ground in pushing campaign finance rules in Iowa in support of a 2nd-place finish” from The Conversation

“Boeing Faces More Pressure as United CEO Vents Frustrations” from Bloomberg

“Pour One Out for Ron DeSantis” from The Atlantic

A Facebook post celebrating a record manatee count from Blue Spring State Park in Florida

We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-23
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It?s a rough housing market out there, folks

A drop in preowned home sales in December was the cherry on top of the worst year for the U.S. housing market since 1995. We’ll get into the causes of the slump and what it would take for the housing market to get back on track. And, a tax deal that would expand the child tax credit is gaining momentum. Then, we’ll play a round of Half Full/Half Empty!

Here’s everything we talked about today:

“Strong bipartisan showing in first test of tax deal’s support” from Roll Call

“Mars Express finds evidence of large water deposit at the Medusae Fossae Formation” from Phys.org

“What Is an Assumable Mortgage?” Buy Side from The Wall Street Journal

“US Existing-Home Sales Decline to Cap Worst Year Since 1995” from Bloomberg

“Expect restaurants to go all in on breakfast this year” from Marketplace

‘”Super shoes” take their place in the $50B running shoe market” from Marketplace

“Can robots make us less lonely?” from Marketplace

“It doesn’t take a Mathlete to know a ?Mean Girls? remake adds up for Hollywood” from Marketplace

“What happens when a school bans smartphones? A complete transformation” from The Guardian

We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-20
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More Big Tech layoffs. Is AI to blame?

The head of the International Monetary Fund said artificial intelligence could impact over half of jobs in advanced economies. But is AI already displacing workers? We’ll get into the latest layoffs sweeping the tech industry. And, the forecast on Capitol Hill: snowy with a chance of negotiations on border security and spending bills. Plus, NASA’s return to the moon is facing some setbacks.

Here’s everything we talked about today:

“Johnson Casts Doubt on Border Deal to Unlock Ukraine Aid, Defying Biden” from The New York Times

“AI will affect 40% of jobs and probably worsen inequality, says IMF head” from The Guardian

“Watch IMF’s Georgieva on Economic Impact of Generative AI” from Bloomberg

“‘AI made us do it’ is Big Tech’s new layoff rationale” from Axios

“The Tech Employee Who Went Viral for Filming Her Firing Has No Regrets” from The Wall Street Journal

“Concerns rise China might reach moon before NASA’s return” from The Washington Post

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

Hey Smarties! We recorded today’s episode before the news broke that Congress voted to pass a short-term spending bill, averting a partial government shutdown. We’re monitoring the story as it develops.

2024-01-19
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What federal rulemaking power has to do with the economy

The Supreme Court is hearing two cases that deal with a foundational part of administrative law, known as the Chevron deference, which gives federal agencies broad powers to create policies and regulations. We’ll explain the fight over the Chevron deference and how the economy could be impacted if it were overturned. And, what do we lose when we don’t get to see candidates debate each other? Plus, don’t talk to me about this year’s presidential election until I’ve had my coffee.

Here’s everything we talked about today:

“Conservative Justices Appear Skeptical of Agencies’ Regulatory Power” from The New York Times

“China?s Economic Growth Disappoints, Fueling Stimulus Calls” from Bloomberg

“CNN cancels New Hampshire Republican primary debate” from Politico

“Rumors Circulating That James Webb Has Discovered Life on Another World” from Futurism

“No, the James Webb Space Telescope hasn?t found life out there?at least not yet” from Ars Technica

“Trump Back in White House? Lagarde Says ?Let Me Have Some Coffee?” from Bloomberg

We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-17
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The afterlife of MLK?s call for a guaranteed income

In 1967, Martin Luther King Jr. wrote that “the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.” Decades later, while still a divisive idea, the conversation around guaranteed income is starting to simmer, and pilot programs looking at universal basic income, a similar idea, are popping up around the country. On the show today, Stacia West, director of the University of Pennsylvania’s Center for Guaranteed Income Research, explains why King called for a guaranteed income, why UBI is gaining traction today, and what early results from pilot programs are showing us about its impact.

Then, we’ll get into the haggling over the child tax credit on Capitol Hill and check in with the world’s second largest economy. Plus, one historian was wrong about Martin Luther King Jr.’s vision for the American economy.

Here’s everything we talked about today:

“Remembering Martin Luther King, Jr.’s Solution to Poverty” from The Atlantic

“Global Map of Basic Income Experiments” from The Stanford Basic Income Lab

“Stockton’s Universal Basic Income Experiment Increased Employment And Well-Being” from NPR

“The first results from the world?s biggest basic income experiment in Kenya are in” from Vox

“The Power of Cash: How Guaranteed Income Can Strengthen Worker Power” from Economic Security Project

“Musk Wants 25% Voting Control of Tesla Before Building Its AI” from Bloomberg

“Chinese Premier Makes Surprise Economic Growth Disclosure” from The Wall Street Journal

“Tax breaks for parents, businesses possible in last-minute deal” from Politico

“Opinion | Changes to the child tax credit are a win for Congress and America” from The Washington Post

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-17
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When substances are legal but dangerous

Certain dietary supplements with an ingredient that mimics opioids are a bubbling problem for public health officials. Sometimes called “gas station heroin,” they’re sold at run-of-the-mill smoke shops and convenience stores. We’ll get into why health officials are concerned and how under-regulation can muddy our understanding of how safe a substance actually is. Then, a much needed-happy puppy story. Plus, we’ll play a round of Half Full/Half Empty!

Here’s everything we talked about today:

“Utah Jazz player Kelly Olynyk and wife found dog then found her owner” from The Washington Post

“Supreme Court to review restrictions on homeless encampments” from The Washington Post

“More Teens Who Use Marijuana Are Suffering From Psychosis” from The Wall Street Journal

“?Gas-Station Heroin? Sold as Dietary Supplement Alarms Health Officials” from The New York Times

“Why the earliest version of Mickey Mouse is entering the public domain” from Marketplace

“Why do we still use paper checks?” from Marketplace

“ABBA’s Voyage concert series is making London “Money, Money, Money'” from Marketplace

“Are we entering a world of surge dining?” from Marketplace

“The thirst for Stanley tumblers has reached a tipping point” from The Washington Post

We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-13
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The federal budget loop de loop

We’re approaching a partial government shutdown, again. We’ll get into why it feels like we’re back at square one and where Congress goes next. And, we’ll explain why the panel blowout during an Alaskan Airlines flight is a big problem for Boeing, despite its strong position in the market. Plus, what bitcoin exchange-traded funds mean for the future of crypto and Nikki Haley’s Social Security plan.

Here’s everything we talked about today:

“US Senate Democrats plan for stopgap to avert shutdown, House Republicans bicker” from Reuters

“Boeing CEO says company is “acknowledging our mistake” after Alaska Airlines door blowout” from CBS News

“Boeing’s design of a part that blew off a jetliner is being investigated by the federal government” from AP News

“Nikki Haley wants to reform Social Security and Medicare. Donors are paying attention” from CNN Politics

“Gary Gensler’s ETF Approval Statement Doubles Down On Bitcoin Criticism: ‘Primarily A Speculative, Volatile Asset'” from Markets Insider

“SEC makes it easier to trade bitcoin in landmark decision” from The Washington Post

Join us tomorrow for our first Economics on Tap of 2024! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

2024-01-11
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The risky business of bitcoin ETFs

Today, the Securities and Exchange Commission voted to approve the first exchange-traded funds holding bitcoin. But regulators still have concerns, and a recent hack of an SEC social media account have only heightened fears. Plus, the pandemic relief funds that’ve been keeping state budgets afloat are gone. We’ll unpack why state budgets can be trickier beasts than the federal budget. And: This is normally a zombie-free zone, but “The Last of Us” TV series has us reconsidering.

Here’s everything we talked about today:

“SEC Hack Adds to Unease Over Bitcoin ETF Approval” from The Wall Street Journal

“State Budget Problems Spread” from The Pew Charitable Trusts

“?It was a mirage?: States face budget woes as huge infusions of federal cash run out” from Politico

“The Last Of Us Show Casts Beef Actor As Key Character” from Kotaku

We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-11
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The death of social media as we know it

After Elon Musk’s gut renovation of Twitter, now known as X, other platforms like TikTok and Mastodon attempted to take its place as the new hub. But as users flock to various apps and algorithms replace follower-based feeds, the very core of social media is changing. On the show today, The Atlantic’s Charlie Warzel explains the silo-ification of social media, what it means to go viral on today’s internet and how the changing medium might impact the 2024 elections. Plus, a potential upside to the fragmented social media landscape.

Then, we’ll get into what the U.S. is doing about shady shell companies, how China became the world’s biggest car exporter and get smart about gin.

Here’s everything we talked about today:

“Nobody Knows What?s Happening Online Anymore” from The Atlantic

“TikTok?s biggest hits are videos you?ve probably never seen” from The Verge

“The Great Social Media?News Collapse” from The Atlantic

“U.S. companies in no hurry to disclose ownership under new Treasury rule” from CNBC

“45 Years Ago, One Kids Book Series Taught A Generation How To Make Bad Decisions” from Fatherly

“China Becomes the World?s Biggest Auto Exporter?With Help From Russia” from The Wall Street Journal

If you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected].

2024-01-10
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Let’s talk about privilege in the workplace

Former Harvard President Claudine Gay resigned after backlash following controversial testimony to Congress and accusations of plagiarism. We’ll get into Gay?s exit and what it says about privilege in the workplace. And, why Defense Secretary Lloyd Austin’s failure to tell the White House about his hospitalization is a big deal. Plus, the lore behind John Coltrane’s cover of “My Favorite Things” is making us smile.

Here’s everything we talked about today:

“Opinion | Former Harvard President Claudine Gay: This Is About More Than My Mistakes” from The New York Times

“Claudine Gay?s Harvard resignation proves Black women?s leadership is still political” from 19th News

“The Pentagon adds new details about Austin’s secretive hospital stay and the delay in telling Biden” from AP News

“How John Coltrane’s ‘My Favorite Things’ Changed American Music” from Smithsonian Magazine

“Elon Musk Isn?t Getting Enough Sleep” from Bloomberg

Happy New Year! We want to hear about any resolutions you made. Send us an email to [email protected] or leave us a voicemail at 508-U-B-SMART.

2024-01-09
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From “Million Bazillion”: What’s a recession?

Hey Smarties! Today we?re sharing an episode from “Million Bazillion,” a Marketplace podcast that answers kids’ questions about money. This episode tackles a question many of you might have too: What’s a recession? To get to the bottom of it, hosts Bridget and Ryan take an adventure-filled trip to the Federal Reserve, where they bump into Fed Chair Jerome Powell (who might sound a bit like Kai Ryssdal).

We?ll be back with new episodes next week. Until then, if you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected].

2024-01-05
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The new in-space economy (rerun)

Hey smarties! We?re on a break for the holidays and revisiting some of our top episodes from 2023. We can?t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2024 and beyond. Give now to support Make Me Smart. Thank you so much for your generosity, happy holidays and we?ll see you in the new year.

Today, we’re talking about two topics near and dear to our hearts: space and economics.

Over the last several years, NASA’s Artemis program and the commercialization of space have given rise to a large and growing space economy. How large?

“It’s about $400 billion. By 2030 it is estimated to become about $1 trillion,” said Namrata Goswami, a scholar on space policy and co-author of the book “Scramble for the Skies: The Great Power Competition to Control the Resources of Outer Space.” “We also include a space economy to come in the next 20 to 30 years which includes the ‘in-space economy,’ so the economy that would be developed in space itself, which would result in a trillion-dollar economy by 2040.”

On the show, Goswami explains the state of the space economy, how the space industry has evolved, and the need for updated international space regulations if we’re really serious about going to Mars. Plus, why retiring on the moon in Kimberly’s lifetime might not be such a far-fetched idea.

In the News Fix: In the first few months of the year, the largest U.S. banks wrote off billions of dollars in bad consumer loans. While not unusual, it could it be a sign of a slowing economy. And could we be nearing the end of the barcode as we know it?

Later, listeners share the many ways they use ChatGPT. And this week’s answer to the Make Me Smart question got us thinking about the images (or lack thereof) in our heads.

Note: Fox News reached a settlement in the defamation lawsuit brought by Dominion Voting Systems after this show was recorded.

Here’s everything we talked about today:

“Among the goals of Artemis I: launching the lunar economy” from Marketplace

“The Commercial Space Age Is Here” from Harvard Business Review

“QR-style ‘2D barcodes’ will revolutionize retail as we know it” from Axios

“Fox News, Dominion reach settlement” from The Washington Post

“Fox News and Dominion reach a settlement” from NBC News

“Biggest US banks write off $3.4 billion in bad consumer loans” from Bloomberg

“More US consumers are falling behind on payments” from Reuters

Got a question for our hosts? Email us at [email protected]. Or leave us a voice message at (508) 827-6278 or (508) U-B-SMART.

2024-01-02
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Who benefits from the welfare-to-work system?

Hey Smarties! Today we?re handing things over to the team at “The Uncertain Hour,” a podcast all about the obscure policies and forgotten histories that explain who gets left behind in this economy. In the episode, host Krissy Clark explains the origins of welfare work requirements and gets into the experience of a mother who sought help from a for-profit welfare company when she came upon hard times.

Give now to support Make Me Smart in the new year and beyond!

2023-12-29
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A U.S. history lesson through food (rerun)

Hey Smarties! We?re on a break for the holidays and revisiting some of our top episodes from 2023. We can?t do this show without you, and we still need your support. If you can, donate today to keep independent journalism going strong into 2024 and beyond. Give now to support “Make Me Smart.”

Thank you so much for your generosity. Happy holidays and we?ll see you in the new year!

What can Jell-O tell us about the United States during the Gilded Age? What about Spam during World War II?

According to Anna Zeide, food historian and author of the new book ?US History in 15 Foods,? they can tell us a lot about the evolution of American values, government ? and of course, the American economy.

?We all have to eat every day, and nothing else we do can really happen without food. And yet, at the same time, I think because of how mundane it becomes in its dailiness, it recedes to the back of our, kind of, concentrated thought. And we don’t spend all that much time thinking about how central it is both to our daily lives as well as to historical events,? Zeide said.

On the show today, Zeide walks us through the history baked into food items from all-American whiskey to Korean tacos. And, why food is often much more than something we simply eat.

In the News Fix, we remember Judy Heumann, an activist who championed crucial pieces of disability rights legislation. Also, eyes are on Walgreens after the company said it would stop dispensing abortion pills in some Republican-led states where abortion is still legal. Plus, we?ll get into why some women in high-level positions are too burned out to stay in the workforce.

Later, a listener sings us a song inspired by Marketplace?s Nova Safo. And this week?s answer to the Make Me Smart question comes from a listener who was wrong about dancing.

Here’s everything we talked about today:

Anna Zeide’s “US History in 15 Foods”

“Remembering Judy Heumann?s lasting contributions to disability rights” from PBS Newshour

“Walgreens in the hot seat” from Politico

“California to not do business with Walgreens over abortion pills issue, Governor says” from Reuters

“Debt Default Would Cripple U.S. Economy, New Analysis Warns” from The New York Times

“Female Execs Are Exhausted, Frustrated and Heading for the Exits” from Bloomberg

What have you been wrong about lately? We want to hear your answer to the Make Me Smart question! Leave us a voice message at 508-U-B-SMART, and your submission may be featured in a future episode.

2023-12-26
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The real costs of reality TV

The Golden Bachelor reality dating series has been a big hit this Fall. These kinds of reality TV shows are relatively cheap to produce, but at what cost? Today we’re bringing you an episode of Marketplace’s “This Is Uncomfortable” that gets into the economics of the reality TV industry for contestants and creators alike, and the real life financial and emotional consequences for the stars of the show.

Give now to support Make Me Smart in the new year and beyond!

2023-12-22
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Where’s the (lab-grown) beef? (rerun)

Hey smarties! We?re on a break for the holidays and revisiting some of our top episodes from 2023. We can?t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2024 and beyond. Give now to support Make Me Smart. Thank you so much for your generosity, happy holidays and we?ll see you in the new year.

Americans love to eat meat. Last year alone, the average American ate 227 pounds poultry, pork and beef. But meat production comes with its own set of ethical and environmental consequences. So how do we get around these concerns? Dozens of startups say they’ve got the answer: lab-grown meat.

Growing beef or chicken in a lab out of a few tiny animal cells may sound like something out of a sci-fi novel, something that will happen far off in the future, but with nearly $3 billion invested in the lab-grown meat industry, that future may already be near.

“I think that that the supermarket, like tackling a Safeway or Kroger, I think that is easily five to 10 years away. The FDA has already given it a green light. They said it is safe to eat, which means that it is one step closer to being in a restaurant,” says Larissa Zimberoff, a journalist and author of “Technically Food: Inside Silicon Valley?s Mission to Change What We Eat.”

On the show today, Zimberoff explains how meat is grown in a lab, why companies are banking on it as a solution to our omnivore’s dilemma, and the challenges that lie ahead for the growing industry. Plus, is lab-grown food here to stay?

In the News Fix: We have a deal on the debt ceiling. After weeks of back and forth, President Joe Biden and House Republicans have struck a tentative deal to raise the debt limit. We get into what it all means, and why the negotiating might not be over.

Later, a listener weighs in on retailer return policies, and our beloved intern gets creative with his answer to the Make Me Smart question.

Here’s everything we talked about today:

“Will I See Lab-Grown Meat in Supermarkets Any Time Soon?” from Bon Appétit

“Lab-Grown Meat?s Carbon Footprint Potentially Worse Than Retail Beef” from the University of California, Davis

“Silicon Valley Is Coming for Your Chocolate” from The Atlantic

“Inside the Battle Between Big Ag and Lab-Grown Meat” from The New Republic

“Here?s what?s in the debt ceiling deal” from CNN

“What?s in the Debt-Ceiling Deal” from The Wall Street Journal

“Defiant House Rejects Huge Bailout; Next Step Is Uncertain” from The New York Times

“House Passes Bailout Bill in 263-171 Vote” from The New York Times

We love to hear from you. Send us your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.

2023-12-19
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How technology can help solve the water crisis in the West

Today we’re bringing you an episode from the latest season of “How We Survive,” Marketplace’s climate solutions podcast. In the episode, host Amy Scott and the “How We Survive” crew explore how communities in the Southwest are using technology to reimagine how the region manages its drought-stricken water supply. It turns out that water is everywhere. And it can be sourced in unexpected ways.

We can?t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2024 and beyond. Give now to support “Make Me Smart.” 

2023-12-15
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The dirty side of the fast-fashion business (rerun)

Hey smarties! We?re on a break for the holidays and revisiting some of our top episodes from 2023. We can?t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2024 and beyond. Give now to support Make Me Smart. Thank you so much for your generosity, happy holidays and we?ll see you in the new year.

It?s time to air out some of fast fashion?s dirty laundry. Recently, fast-fashion retailer Shein was in the headlines over a paid influencer trip to one of its factories in China. It?s also facing allegations that range from labor rights abuses to high levels of carbon emissions.

Sustainable-fashion writer Alden Wicker?s new book, ?To Dye For: How Toxic Fashion Is Making Us Sick? documents another gritty side of the industry: the toxic chemicals used to make the clothing many companies sell.

As it turns out, there aren?t many laws in the U.S. to prevent those chemicals from ending up in our clothes.

“It’s a pretty untenable situation that we’re putting this all on consumers who largely do not have a degree in chemistry to protect themselves from what we know are hazardous chemicals,” Wicker said.

On the show today, Wicker explains why harmful chemicals are in our clothing, how flight attendants became a breakthrough case for toxic clothing and how more regulation could help ensure safer practices in the fashion industry. Plus, what consumers can do to reduce their exposure.

Then, more on harmful chemicals: A recent study found a type of ?forever chemical? is uncomfortably common in the U.S. water supply. And, the pending merger between Microsoft and Activision Blizzard got a big push forward from a federal judge this week. We?ll get into why the decision is a major blow to the Federal Trade Commission.

Later, a listener shares an adorable cartoon that has Kimberly Adams written all over it. Plus, this week’s answer to the Make Me Smart question is a lesson on the power of language.

Here’s everything we talked about today:

“Shein, the fast-fashion giant, hits roadblocks” from The Washington Post

“Are your clothes making you sick? The opaque world of chemicals in fashion” from The Guardian

“The incredible story of how hatmakers really did ‘go mad’ 300 years ago” from Business Insider

“Influencers are under fire for praising working conditions in Shein’s clothing factory despite abuse allegations” from NBC News

“Toxic Chemicals in Shein and Other Fast Fashion Clothing” from Insider

“What Is Prop 65? And Why Is There a Warning Label on This Thing I Bought?” from The New York Times

“How to remove PFAS ? aka forever chemicals ? from drinking water” from Vox

“Tap water study detects PFAS ?forever chemicals? across the US” from U.S. Geological Survey

“Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules” from The Wall Street Journal

‘?USA Geography? Features Humorous Illustrations Of Each State” from Bored Panda

“The Slowdown” podcast from APM

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2023-12-12
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And that’s a wrap on 2023

For our final episode of 2023, we?re throwing a holiday party with music, festive fascinator hats and drinks. We’ll also get to some big medical news: For the first time, the FDA approved gene therapies to treat sickle cell disease, which affects mostly Black people in the United States. And, the head of OPEC is meddling in climate talks at COP28. Plus, we?ll play a holiday-themed round of our favorite game, Half Full/Half Empty!

Here’s everything we talked about today:

“OPEC Leader Tells Members to Block Any Climate Summit Deal to Curb Fossil Fuels” from The New York Times

“FDA Approves Breakthrough Sickle Cell Disease Gene Therapies” from HuffPost

“US FDA approves two gene therapies for sickle cell disease” from Reuters

“After living with sickle cell disease for 39 years, I’m both excited and skeptical about the newly approved gene therapies” from Stat News

“Buy now, pay later hit an all-time high on Cyber Monday” from Marketplace

“A Brief History of the White Elephant Party” from The New York Times

“Taylor Swift and Travis Kelce Wore Squirrel Sweaters, Maybe” from Marie Claire

“Amazon Is Packed with Festive Outdoor Christmas Decorations” from People

“How to get through a holiday party at work without embarrassing yourself” from NPR

We’ll be back with new episodes on Jan. 8. Until then, if you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected].

2023-12-09
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The battle over aid to Ukraine

President Biden has asked Congress to pass a hefty aid package for the war in Ukraine and other defense initiatives, but the funding can’t seem to get through the Senate. We’ll hear the president implore lawmakers to act swiftly and get into why the package is being held up. Plus, the ballet of federal regulators and Wall Street banks continues. And, Google introduced its new AI model called Gemini. Among other capabilities, it can see!

Here’s everything we talked about today:

“As Ukraine aid falters in the Senate, Biden signals he’s willing to make a deal on border security” from AP News

“Is a recession on the horizon? More bank CEOs think so” from CNN Business

“Introducing Gemini: Google?s most capable AI model yet” from Google

Video: “Hands-on with Gemini: Interacting with multimodal AI” on YouTube

“Tommy Tuberville ends blockade of 400 military promotions” from The Guardian

Join us tomorrow for our last Economics on Tap of 2023! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

2023-12-07
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Taking the pulse of the U.S. bond market

Today we’re geeking out over the bond market. The yield on the benchmark 10-year Treasury note has dropped from a few weeks ago and now sits close to 4.1%. We’ll unpack what a bond market rally could mean for the Federal Reserve’s interest rate decision-making as well as for the average American. Plus, what happens when someone says they intend to abuse their power? We?ll get into former President Donald Trump?s remarks at an Iowa town hall last night.

Here’s everything we talked about today:

“United States Rates & Bonds” from Bloomberg

“Former House speaker Kevin McCarthy to resign from Congress at end of year” from The Guardian

“Tuberville drops hold on military promotions” from NPR

“Trump?s ?dictator? remark jolts the 2024 campaign ? and tests his GOP rivals on debate day” from Politico

“She spent a month trying to help stray dog whose head was stuck in a jug” from The Washington Post

“Woman who threw Chipotle order at worker can work off jail time at fast food restaurant” from Fox8

Sailor Cole Brauer on Instagram

Give what you can to keep “Make Me Smart” going strong in 2024: support.marketplace.org/smart-sn

2023-12-06
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What is MAGAnomics, actually?

We’re less than a year out from the 2024 presidential election. And former President Donald Trump is still leading the pack of Republican candidates, by a lot.

This has us wondering: What would another Trump presidency mean for the economy?

On the show today, William Howell, professor of American politics at the University of Chicago explains how Trump’s plans to weaken the federal bureaucracy could disrupt the economy, how the former president’s proposals on immigration and Obamacare could go over, and what voters see in his economic agenda. Plus, what this could all mean for our democracy.

Then, we?ll get into a major data breach at the genetic testing company 23andMe. And, Moody’s lowered China’s credit outlook to negative. We’ll unpack what that means for China and what it has to do with political dysfunction in the U.S.

Later, thoughts on COP28 and some impressive Spotify Wrapped stats. Plus, what the owner of a gift wrapping service had wrong when she started her business.

Here’s everything we talked about today:

“Where Donald Trump stands on taxes, the economy” from The Washington Post

“The Republican Party?s Split on Economics” from The New York Times

“Trump’s plans if he returns to the White House include deportation raids, tariffs and mass firings” from AP News

“Some Republicans sound alarm after Trump revives focus on Obamacare” from CNN Politics

“Why the Supreme Court’s “administrative state” decision matters” from Marketplace

“What Trump?s Second Term Could Look Like” from The Atlantic

“Moody?s Cuts China Credit Outlook to Negative on Rising Debt” from Bloomberg

“Why invest in gold when the economic outlook isn’t great?” from Marketplace

“Data Breach at 23andMe Affects 6.9 Million Profiles, Company Says” from The New York Times

“23andMe confirms hackers stole ancestry data on 6.9 million users” from TechCrunch

If you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected].

2023-12-05
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Millennial mom dread

The U.S. population is aging as Americans choose to have fewer children or none at all. We’ll get into the many reasons millennials hesitate to jump into motherhood and how to change the narrative around parenting. Plus, fewer children mean fewer people to take care of our aging population in a country already dealing with a senior care crisis. And, Patti LaBelle?s infamous performance of “This Christmas” at the 1996 National Christmas Tree Lighting makes us smile.

Here’s everything we talked about today:

“Aging America faces a senior care crisis” from Axios

“How millennials learned to dread motherhood” from Vox

Threads post from Business Insider?s Kali Hays

“Patti LaBelle’s Disastrous Tree Lighting Performance Is the Only Good Christmas Tradition” from Esquire

“Kiwi Eggs Hatch in the Wild Near New Zealand?s Capital” ??from the New York Times

It?s Half-Priced Hoodie Week! Give now to show your support and get a great deal: https://support.marketplace.org/smart-sn

2023-12-05
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Economics on Tap: Wastewater beer edition

The future of beer is here. “How We Survive” host Amy Scott is on the show today to help us taste test beer brewed from recycled water. And we’ll get into George Santos’ expulsion from the House and why his lies and luxurious spending were particularly provoking. Then we’ll weigh in on Walmart’s creative spin on holiday romcoms and more in a game of Half Full / Half Empty.

Here’s everything we talked about:

“Water, water, everywhere” from Marketplace

“Rep. George Santos expelled from House in 311-114 vote” from AP News

“The Undoing of George Santos” from The New York Times

“Why George Santos’ lies are even worse than the usual political lies ? a moral philosopher explains” from The Conversation

“New North Carolina bar offers cocktails and college classes” from Marketplace

“Beyoncé, Taylor Swift films mean big business for movie theaters” from Marketplace

“How Mortadella Went From Cold Cut to Hot Item” from The New York Times

“Watch, Shop and Swoon with Walmart?s First Fully Shoppable Series” from Yahoo News

“I?m Serious: Drive to the Airport for the People You Love” from The Wall Street Journal

“Thanksgiving Travel: No One Should Pick You Up at the Airport” from The Wall Street Journal

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-12-02
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COP28’s big question: who should pay for the climate crisis?

It’s day one of COP28, the global climate conference, and countries have already agreed on details for a fund to aid developing countries affected by climate disasters. As wealthier nations begin paying for their contributions to the climate crisis, how long will their support last? Plus, we’ll hear a Fed Chair’s divisive turkey analogy for what happens when interest rates are too high for too long. And, why brands are extending those Black Friday and Cyber Monday deals.

Here’s everything we talked about:

“COP28 leader Sultan Al Jaber hits back at allegations he used climate talks to strike oil deals” from CNN

“COP28 delivers breakthrough by way of climate disaster fund details” from CNBC

“The long-expected consumer pullback may finally be materializing” from “Marketplace”

“George Santos Says He Won?t Resign Ahead of This Week’s Expulsion Vote” from National Review

“House Ethics Committee report on George Santos finds ‘substantial evidence of wrongdoing” from CBS News

“Johnson says he has ?real reservations? over expelling Santos as GOP support grows for ousting New York congressman” from CNN

“Chicago Fed chair on the data versus the economic mood” from “Marketplace:

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

2023-11-30
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Is GM feeling iffy about EVs?

General Motors is planning higher-octane cash returns for investors in an attempt to restore confidence in its main gig ? making vehicles that are not electric. We’ll get into what this could signal for the broader EV industry. And, many of the Securities and Exchange Commission’s regulatory powers are on the line in a current Supreme Court case. We’ll examine what the case has to do with conservative justices’ disdain for the administrative state. Plus, a National Spelling Bee champion’s secret to success.

Here’s everything we talked about today:

“GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors” from The Wall Street Journal

“Supreme Court?s conservatives voice concerns about SEC?s in-house enforcement” from The Hill

“Supreme Court to consider multi-pronged constitutional attack on SEC” from SCOTUSblog

“Major OxyContin case headlines December session” from SCOTUSblog

Opinion | “I won the National Spelling Bee. This is what it takes to master spelling.” from The Washington Post

If you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected].

2023-11-30
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The circular economy and closing our resource loop

Americans consume a lot of stuff and in turn produce a lot of waste. The average American generated 46 pounds of just e-waste in 2019. But what if there was a way to design an economy that’s less wasteful and more environmentally friendly? On the show today, Callie Babbitt, professor of sustainability at Rochester Institute of Technology, breaks down the circular economy, its role in fighting climate change and the challenges that lie ahead in public policy and manufacturing if we hope to achieve circularity. We’ll also hear from a listener with a smart hack for airport pickups during the holidays, and our beloved intern answers the Make Me Smart question.

Here’s everything we talked about:

“The right-to-repair movement is just getting started” from The Verge

“What is a Circular Economy?” from the Environmental Protection Agency

“Our prosperity is in peril unless we shift from a wasteful world to a ‘circular economy'” from The Conversation

“World’s Oldest Sealed Terrarium by David Latimer” from Nature of Home

“Investors See Interest-Rate Cuts Coming Soon, Recession or Not” from The Wall Street Journal

“17 top-selling items for Amazon Black Friday and Cyber Monday 2023” from About Amazon

It?s Giving Tuesday! Let?s unlock $100,000 for Marketplace today.

2023-11-29
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OpenAI’s “breakthrough”

After being banned from talking about artificial intelligence at Thanksgiving, guest host Matt Levin is eager to chime in on the ongoing Sam Altman controversy and news about a powerful artificial intelligence development at OpenAI. Plus, tech tycoons are behaving more and more like foreign dignitaries. And: Doritos’ new crunch-cancellation technology.

Here’s everything we talked about:

“Unpacking the hype around OpenAI?s rumored new Q* model” from MIT Technology Review

“OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say” from Reuters

“Elon Musk Meets With Netanyahu in Israel Amid Backlash Against Social Media Post” from The New York Times

“What’s Merriam-Webster’s word of the year for 2023? Hint: Be true to yourself” from AP News

“The sound of crunching chips is annoying. Doritos has made a silencer.” from The Washington Post

Help us get a head start on our Giving Tuesday challenge to unlock $100K for Marketplace.

2023-11-28
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Who wants to work in Congress anymore?

This month, at least 12 members of Congress have announced they won’t seek reelection at the end of their terms. We’ll get into the record number of retirements and why the job might not be worth the trouble. Then, we’ll discuss how OpenAI’s leadership turmoil might be a turning point for the artificial intelligence industry. Plus, a St. Louis football team?s failed attempt to become a Thanksgiving game day staple.

Here’s everything we talked about today:

“Larry Summers Is OpenAI?s Surprise Pick to Mend Fences” from The Wall Street Journal

“The Old-School Artillery Shell Is Becoming High Tech” from The Wall Street Journal

“Frustrated lawmakers run for the exits: ‘DC is broken'” from The Hill

“2 more House lawmakers announce exits, marking retirement record” from Politico

“Before Dallas ruled Thanksgiving, the NFL tried St. Louis” from The Washington Post

“Identifying fake news will now be a school requirement in California” from KTLA

If you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected].

2023-11-23
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The origins of America’s consumer-driven economy

The holiday shopping season kicks off this week with Black Friday, and American shoppers are expected to spend a record amount, particularly in online sales.

Consumer spending keeps the U.S. economy humming, making up 70% of the country’s gross domestic product. But it wasn’t always this way.

On the show today, Cornell economic historian Louis Hyman gives us a history lesson on how the American economy became dependent on the consumer, why that change has created serious environmental consequences, and whether there are alternatives to the consumer-driven economy we know today. Plus, what it all has to do with the Salem witch trials.

Then, a federal appeals court decision could significantly weaken the Voting Rights Act. We’ll get into the economic implications of the ruling and how it could play out in the Supreme Court. Plus: Oh, how the mighty crypto kings fall.

Later, we?ll hear listener suggestions for signature state cocktails. And food journalist Francis Lam was wrong about what was on the menu at the first Thanksgiving.

Here’s everything we talked about today:

“Ringing in the holiday shopping season with low consumer sentiment” from Marketplace

“A Brief History of Consumer Culture” from The MIT Press Reader

“Frank Trentmann: How Humans Became ‘Consumers'” from The Atlantic

“U.S. Economy Grew a Strong 4.9%, Driven by Consumer Spree That May Not Last” from The Wall Street Journal

“Appeals court strikes down key tool used to enforce Voting Rights Act” from CNN Politics

“Federal appeals court ruling threatens enforcement of the Voting Rights Act” from Politico

“Binance CEO Changpeng Zhao Agrees to Step Down, Plead Guilty” from The Wall Street Journal

“What Was Eaten at the First Thanksgiving?” from History

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2023-11-22
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The rise of stay-or-pay hiring

In this tight labor market, a growing number of companies are trying to discourage workers from quitting by charging them. Stay or pay clauses are becoming a thing in more workplaces. We’ll talk about who really bears the cost of calling it quits. Plus, how Federal Reserve economists are taking a page from journalists. And Snoop Dogg, the master marketer!

Here’s everything we talked about:

“Federal Reserve Seeks Anecdotes Over Economic Data for Uncertain Outlook” from Bloomberg

“The Stay-or-Pay Clause That Demands You Pay to Quit Your Job” from The New York Times

“Snoop explains going smokeless – and it?s not what you thought” from CNN

“Thanksgiving Travel: No One Should Pick You Up at the Airport” from The Wall Street Journal

If you?ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email makemesmart@marketplace

2023-11-21
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Grief and work in the time of war

Since Oct. 7, Palestinian and Jewish Americans have been navigating work while enduring anxiety and heartache as the Israel-Hamas War plays out. We’ll discuss the pressure to perform professionally as the conflict continues. And there’s some hopeful climate news out of Portugal: The country ran on 100% renewable energy for six days. Plus, we’re settling the debate on the least-liked Thanksgiving side dish in a round of Half Full/Half Empty.

Here’s everything we talked about:

“If Gaza were in your city, how much would be destroyed? | Israel-Palestine conflict News” from Al Jazeera

“Palestinian Americans on working while grieving: ?How many days off do you take when Gaza?s bombed daily??” from The Guardian

“Portugal just ran on 100% renewables for six days in a row” from Canary Media

“Sam Altman fired as CEO of OpenAI” from The Verge

“As streaming services search for ad revenue, expect more political ads ? and minimal regulation” from Marketplace

“Meta allows Facebook and Instagram ads saying 2020 election was rigged” from The Guardian

“Have dating apps lost their spark?” from Marketplace

“Martha Stewart Says She’s Canceled Her Thanksgiving Dinner: ‘Turkeyed Out!'” from People

“The 3 Most-Hated Thanksgiving Side Dishes In America” from Huffpost

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-11-18
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The governing work that remains to be done

It’s been a wild week on Capitol Hill. GOP Sen. Markwayne Mullin of Oklahoma and Teamsters union President Sean O?Brien almost came to blows in a Senate hearing. And Republicans averted a government shutdown, but only to push the deadline to next year. We’ll dig into the historically low congressional productivity amid a growing mountain of work. And we’ll hear President Joe Biden’s remarks about meeting with Chinese leader Xi Jinping. Plus, a look at YouTube’s AI musical experiment.

Here’s everything we talked about:

“GOP senator challenges Teamsters president to fight during hearing” from The Hill

“Did Biden and China’s Xi hit a reset? Not quite, but they agreed on a few things” from NPR

“Take heart, it looks like China could send new pandas to the US” from The Associated Press

“Government shutdown: Senate passes temporary plan before Thanksgiving” from USA Today

“An early look our AI Music experiment” from YouTube

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

2023-11-17
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What would a Starlink IPO mean for Elon Musk’s geopolitical clout?

Elon Musk today disputed claims that an initial public offering is in the works for his satellite business Starlink, an offshoot of SpaceX. But hypothetically speaking, would more eyes on Starlink following an IPO change the way Elon Musk operates on the global stage? And, an influential liberal super PAC is ditching TV ads. We’ll get into what that tells us about political campaigning in the modern age. Plus, let the holiday party invites start flowing!

Here’s everything we talked about today:

“Elon Musk denies report of potential Starlink IPO in 2024” from Reuters

“SpaceX Gets FAA Approval for Do-Over Starship Launch” from Bloomberg

“Liberal Super PAC Is Turning Its Focus Entirely Digital” from The New York Times

“More Americans are getting news on TikTok, in contrast with most other social media sites” from Pew Research Center

“The case for inviting everyone to everything” from Vox

“A Guide to the James Webb Telescope’s View of the Universe” from The New York Times

“A Supernova ?Destroyed? Some of Earth?s Ozone for a Few Minutes in 2022” from The New York Times

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-11-16
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The moral conundrum of carbon credits

Many of the world?s largest companies are setting net-zero climate goals, and they?re using carbon credits to get there. That means they can keep producing carbon emissions as long as they pay for emissions to be reduced elsewhere.

But do carbon credits actually incentivize companies to reduce their emissions?

On the show today, Pedro Martins Barata, associate vice president for carbon markets at the Environmental Defense Fund, explains what carbon credits are and the ethical concerns with companies relying on them to meet net-zero emissions goals. Plus, what future regulation of carbon markets could look like.

Then, we’ll unpack the good and bad news in the latest U.S. climate assessment. And, some industries are compensating for widespread staffing shortages by requiring employees to work excessive overtime.

Later, we’ll hear about how some farmers are combating climate change. And, this week?s answer to the Make Me Smart question was inspired by a listener.

Here’s everything we talked about today:

“Fossil-fuel company net zero plans ‘largely meaningless,’ report says” from Reuters

“Carbon credit speculators could lose billions as offsets deemed ?worthless?” from The Guardian

“The Climate Solution Actually Adding Millions of Tons of CO2 Into the Atmosphere” from ProPublica

“Analysis: How some of the world?s largest companies rely on carbon offsets to ?reach net-zero?” from Carbon Brief

“Action needed to make carbon offsets from forest conservation work for climate change mitigation” from Science

“Carbon offsets: What are they and do they work?” from CNN Business

“36-hour shifts, 80-hour weeks: Workers are being burned out by overtime” from NBC News

“US climate assessment lays out growing threats, opportunities as temperatures rise” from Reuters

“Farm fields don’t just feed us. They store carbon. But a big question is how much” from AP News

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2023-11-15
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Has the movie business reached peak superhero?

Marvel Studios’ latest movie, “The Marvels,” had the franchise’s worst opening weekend. We’ll dig into whether superhero movies are a thing of the past and if theaters can get by without them. Then, another government shutdown may be around the corner. This time it could interfere with Thanksgiving travel plans. Plus, news you can use about online payment apps, and what would be your state’s signature cocktail?

Here’s everything we talked about:

“?The Marvels? Disappoints at Box Office, Showcasing Disney?s Studio Challenge” from The Wall Street Journal

“Payments app Zelle begins refunds for imposter scams after Washington pressure” from Reuters

“Thanksgiving shutdown sets up nightmare scenario for travels” from The Hill

“Deforestation in the Brazilian Amazon Falls to a Five-Year Low” from The New York Times

“Wisconsin snubs bourbon by elevating the brandy old fashioned to state cocktail status” from AP News A Michelada recipe from The Los Angeles Times

If you’ve got a question, comment or submission for a state drink, send them our way. We?re at 508-UB-SMART or email [email protected]

2023-11-14
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Polarization, partisanship and threats to democracy

We’re discussing some heavy topics today, including threats to democracy from Republican presidential front-runner Donald Trump, and traditional Republicans bowing out of reelection as the party heads further to the right. Then, we’ll reflect on how we should honor our veterans. Later, we’ll weigh in on an Elon Musk biopic and a global Starbuck expansion in a game of Half Full/Half Empty.

Here’s everything we talked about:

“Trump suggests he or another Republican president could use Justice Department to indict opponents” from CBS News

“Moody’s cuts U.S. outlook to negative, citing deficits and political polarization” from CNBC

“Manchin, Romney Introduce Bipartisan Fiscal Stability Act” from Senate.gov

“Soft saving trends reshape Gen Z, millennials’ personal finance goals” from CNBC

“Hot desking gains popularity among employers” from Marketplace

“Why is Starbucks opening more stores?” from Marketplace

“Elon Musk Biopic Enters Development at A24 Under Darren Aronofsky” from Rolling Stone

“Why isn’t there an Amazon for real estate?” from Marketplace

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-11-11
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Actors and studios strike a (tentative) deal

After 118 days, the SAG-AFTRA strike appears to have come to an end, marking a historic win for actors. We’ll hear from the union’s president, Fran Drescher, about her delight with the new deal. Also, what Fed chief Jay Powell’s recurring message on interest rates says about economic belief versus reality. Plus, it’s the beginning of the end for panda diplomacy, as D.C. bids farewell to its cuddly friends.

Here’s everything we talked about:

“Powell Closes The F—— Door On Early Rate Cut Hopes: Stocks, Bonds Tumble While Dollar Rallies” from Business Insider

“Treasury’s Yellen calls Republican effort to cut IRS funding for Israel ‘damaging and irresponsible'” from AP News

“Why did Speaker Mike Johnson disclose zero assets?” from Marketplace

“As Pandas Leave National Zoo, Is Panda Diplomacy Over?” from The New York Times

Video: “SAG-AFTRA president Fran Drescher reacts to historic actors’ agreement” from CNN

“SAG-AFTRA Approves Deal to End Historic Strike” from Variety

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We?ll have news, drinks, a game and more.

2023-11-10
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The national debt is turning economists’ heads

High interest rates are making our already enormous national debt more expensive, and many economists are worried. We’ll discuss what it may cost to get the national debt under control. Plus, a referendum to replace Maine’s two main power companies with a publicly owned alternative was shot down in yesterday’s election. And, the James Webb Space Telescope is revolutionizing the way we see the universe.

Here’s everything we talked about today:

“What it would cost to stabilize the soaring national debt” from Axios

“Maine voters reject utility takeover after heavy spending from CMP and Versant” from Bangor Daily News

“What the Failed Pine Tree Power Proposal in Maine Could Have Accomplished” from CNET

“More states strive to make parks, trails accessible to people with disabilities” from Stateline

“A Guide to the James Webb Telescope’s View of the Universe” from The New York Times

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-11-09
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The promises and risks of carbon capture

Today we’re talking about another potential tool in the climate solutions toolbox: carbon capture.

The 2021 Bipartisan Infrastructure Law put $12 billion toward the tech, which promises to take carbon emissions straight from the air and store them underground. But there are concerns that supporting the fledgling industry could backfire.

On the show today, Inside Climate News’ Nicholas Kusnetz explains the ins and outs of carbon capture and the challenges of making it work on a scale big enough to be meaningful. Plus, how investing in the tech could prolong dependence on fossil fuels.

Then, studios want to own actors’ digital likenesses forever, and that’s a sticking point for SAG-AFTRA in the actors strike. We’ll get into what this has to do with trends in the generative AI industry. And, some news about former President Donald Trump’s net worth that made us say, “Huh?”

Later, we’ll hear from listeners about hydrogen fuel cell cars and shower design flaws. Plus, what a listener got wrong about the climate crisis.

Here’s everything we talked about today:

“Pipe Dreams” from Inside Climate News

“How Does Carbon Capture Work?” from The New York Times

“Controversial carbon removal technology just got $1.2 billion from the Biden administration” from The Verge

“Carbon Capture” from MIT Climate Portal

“Companies capture a lot of CO2. Most of it is going into new oil.” from The Washington Post

“SAG-AFTRA won’t budge as studios push to own actors’ likenesses in perpetuity” from The Verge

“OpenAI unveils personalized AI apps as it seeks to expand its ChatGPT consumer business” from Reuters

“As shutdown looms, US House Republicans search for stopgap solution” from Reuters

“Donald Trump Net Worth Reaches $3.1 Billion Amid Trial” from Bloomberg

“How We Survive” from Marketplace

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2023-11-08
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Elon Musk’s Starlink business going gangbusters

SpaceX is on track to make record profits this year, particularly through its Starlink satellite program. With the reins of this powerful company in the hands of a celebrity entrepreneur, has that celebrity, Elon Musk, become invincible? We’ll also dig into the details of the U.S. birthrate. As it turns out, being an only child did not become the norm we expected it would be. And we’ll learn about the physicist who’s created over 1,000 Wikipedia bios for neglected female scientists.

Here’s everything we talked about:

“Millennials aren?t having kids. Here are the reasons why” from The Washington Post

“SpaceX Eyes $15 Billion in Sales Next Year on Starlink Strength” from Bloomberg

“This 33-year-old made more than 1,000 Wikipedia bios for unknown female scientists” from NBC News

“Why it’s so hard for women’s bios to stay on Wikipedia” from Marketplace

“Electric Planes, Once a Fantasy, Start to Take to the Skies” from The New York Times

Do you have a question that you want to ask us or a comment on something we talked about? Call us at 508-U-B-SMART or email [email protected].

2023-11-07
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Promises won’t pay for climate adaptation

A new United Nations report found that wealthy nations are scaling back funding for climate adaptation in developing countries, while the cost of mitigating the effects of climate change continue to grow. We’ll get into it. And, the Federal Trade Commission’s antitrust lawsuit against Amazon revealed a secret pricing algorithm used by the company, known as Project Nessie. We’ll unpack how the algorithm has amassed huge profits for Amazon while raising prices across the board. Then, we’ll play a round of Half Full / Half Empty with guest host Amy Scott.

Here’s everything we talked about:

“Critics: Tuberville is just the face of a ?broken? confirmation process” from Roll Call

“Amazon made more than $1B using secret algorithm called ?Project Nessie,? FTC says” from The Hill

“Developing countries need at least $215 billion a year for climate adaptation” from Grist

Adaptation Gap Report 2023 from UN Environment Programme

“Rewriting the rules for the Colorado River’s management” from Marketplace

“Why small phones are hard to find” from Marketplace

“Super Commuting Is on the Rise, Thanks to Flexibility of Hybrid Work” from Business Insider

“Are your company’s cybersecurity trainings a waste of your time?” from Marketplace

“Brains and Losses: Aging and Financial Vulnerability to Scams” from Marketplace

“Do We Really Need Tequila From Celebrities Like Matthew McConaughey?” from Eater

“The Beatles? ?Now and Then?: The Band?s ?Last? Song” from The New York Times

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-11-04
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AI safety takes center stage

Hey Smarties! We recorded today?s episode before the news of Sam Bankman-Fried?s conviction came out. We?ll continue to monitor the story.

This week, President Joe Biden signed a sweeping executive order on the safety of artificial intelligence, and world leaders (plus Elon Musk) met to discuss the risks of the rapidly developing technology for the first time. We’ll get into what future AI regulation could look like as governments agree to cooperate. And, we’ll hear from Target’s CEO on trends in consumer spending. Plus, Sen. Tuberville’s block on military promotions is reaching a boiling point. Now, his own party is turning on him.

Here’s everything we talked about:

“How much AI regulation can come from the president?” from Marketplace

“UK, US, EU and China sign declaration of AI?s ?catastrophic? danger” from The Guardian

“Target CEO says shoppers are pulling back, even on groceries” from CNBC

“Sam Bankman-Fried?s fourth day on the stand did not go well” from CNN

Sam Bankman-Fried Is Convicted of Fraud in FTX Collapse” from The Wall Street Journal

“Republican Sen. Tuberville doubles down on blocking military nominees despite GOP pleas” from ABC News

“Playbook: Tommy Tuberville vs. everybody” from Politico

Join us for Make Me Smart Virtual Trivia on Nov. 9! Give $5 or more and the link will be in your confirmation email: https://support.marketplace.org/smart-sn

2023-11-03
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Where the fractured GOP goes from here

Two prominent Republican representatives announced they won’t seek reelection at the end of their terms in Congress. We’ll get into the future of the GOP, as former President Donald Trump continues to drive a wedge in the party’s identity. Also, how the verdict in a case involving the National Association of Realtors could upend the way we buy and sell homes. Plus, a breakthrough gene therapy treatment is allowing some deaf children to hear for the first time. And, coming clean about hotel showers.

Here’s everything we talked about:

“House GOP?s Israel-IRS bill could add more than $26 billion to deficit: CBO” from The Hill

“US jury finds realtors liable for inflating commissions, awards $1.78 bln damages” from Reuters

“Thanks to a Missouri jury, how we buy and sell homes may change” from Marketplace

“After Losing High-Profile Verdict, Realtors Group Hit With Larger Lawsuit on Agent Commissions” from CoStar

“Republicans Kay Granger, Ken Buck announce they won’t seek reelection” from CNBC

“Buck says GOP is ?lying to America? and he won?t run again” from Roll Call

“Deaf since birth, some children in China can hear after gene treatment” from MIT Technology Review

“We?ve Used Showers for Centuries. Why Can?t Hotels Make Them Easier?” from The Wall Street Journal

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-11-02
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Hydrogen’s potential as a climate solution

When it comes to solutions to the climate crisis, we’re going to need a whole menu of options. One item on the menu: clean hydrogen.

The Joe Biden administration recently invested $7 billion into developing clean hydrogen hubs across the country, with hopes the technology could help reduce carbon emissions in a variety of industries.

“Many people call it a Swiss Army knife of decarbonization,” said Emily Pontecorvo, staff writer at Heatmap News. “But the problem of thinking of it that way is that it takes so much energy to make hydrogen that you really only want to use it in cases where you don’t really have any other options.”

On the show today, Pontecorvo explains the difference between “clean” and “dirty” hydrogen, how we might use hydrogen fuel, and why some climate advocates are skeptical of its climate friendliness.

Then, the other labor story of the summer: rounds of walkouts by pharmacy staff at CVS and Walgreens. And we’ll get into how Sen. Tommy Tuberville?s ongoing military promotion blockade has complicated a top military official’s health emergency.

Later, we’ll hear a listener’s concerns about nuclear energy. And another listener was wrong about which countries export petroleum (until they played Tradle).

Here’s everything we talked about:

“Biden?s Big Hydrogen Experiment Is About to Begin” from Heatmap News

“White House puts $7 billion toward hydrogen hubs” from Marketplace

The race to scale up green hydrogen” from Financial Times

Column: Hydrogen is a crucial climate solution. It’s also a distraction” from The Los Angeles Times

“What is hydrogen, and can it really become a climate change solution?” from The Conversation

“Biden administration invests in hydrogen fuel, but hurdles remain” from Marketplace

“Top Marine General Hospitalized After Apparently Having Heart Attack” from The New York Times

“CVS and Walgreens pharmacy staff begin 3-day walkout” from CNN

We want to hear your answer to the Make Me Smart question. You can reach us at [email protected] or leave us a voicemail at 508-U-B-SMART.

2023-10-31
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Who profits from war?

A $14.3 billion Israel aid package from the House GOP is in the works, and some Republican representatives are looking into unconventional ways to fund it. We’ll get into where U.S. military aid usually ends up and who stands to make a profit from global conflict. Plus, how the media coverage leading up to the 2024 election often makes false equivalencies between the speaking abilities of former President Donald Trump and President Joe Biden.

Here’s everything we talked about:

“House GOP announces standalone $14.3 billion Israel aid package, setting up Senate clash ? Live Updates” from Politico

“Ukraine war orders starting to boost revenues for big US defense contractors” from Reuters

“Israel’s Economy Set to Shrink 11% as Hamas War Escalates: JPMorgan” from Bloomberg

“Trump?s Verbal Slips Could Weaken His Attacks on Biden?s Age” from The New York Times

“‘I had no idea I’d become a national event’: Orson Welles on the mass hysteria of The War of the Worlds” from BBC Culture

Do you have a question that you want to ask us or a comment about something we talked about? Call us at 508-U-B-SMART or email [email protected].

2023-10-31
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Why the definition of “employer” really matters

The National Labor Relations Board is redefining what it means to be an employer by changing the so-called joint-employer rule. We’ll explain how the change could impact the rights of contract and franchise workers across many industries, from tech to fast food. And, polling numbers on congressional approval are sinking lower and lower. Plus, are SEO-bait names and bloated movie runtimes the new norms? We’ll get into it in a round of Half Full / Half Empty.

Here’s everything we talked about:

“New labor rule could be a big deal for millions of franchise and contract workers. Here’s why.” from CBS News

“NLRB joint-employer rule triggers fears of higher trucking costs” from FreightWaves

“Congress’ Job Approval Drops to 13%, Lowest Since 2017” from Gallup

“‘Overemployed’ people secretly work overlapping remote jobs” from Marketplace

“Why it feels like movies are getting longer” from CNN

“In tight labor market, businesses practice ‘strategic retention'” from Marketplace

“Do CEOs make too much money?” from Marketplace

“The restaurant nearest Google” from The Verge

“Halloween 2023: Costumes fuel expected record holiday spending” from Axios

If you?ve got a question about today?s economy, send it our way. Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

2023-10-28
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