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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Join producer Adrian Grenier (star of "Entourage") and filmmaker Matthew Cooke as they discuss their revealing documentary, "How to Make Money Selling Drugs." The film examines the war on drugs through a series of interviews with drug dealers, prison employees, and lobbyists arguing for tougher drug laws.
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Comedian Jacob Hawley explores the issues that matter to young people today. Jacob used to make money from drugs and comedy - from telling jokes about his anecdotal experiences of the UK drug scene to exploring that world in more depth through his award winning podcast Jacob Hawley: On Drugs. Now he's exploring the world of love for sale, meeting the people selling, the people buying, and everyone in between. Producer by Nick Coupe for BBC Studios Executive producer for BBC Studios is Victor ...
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Real Estate Investing taught by a Real Estate Maximalist. Real estate expert and best-selling author of "House FIRE" and "A Million Bucks by 30" Alan Corey provides actionable advice for those seeking financial independence via passive income from real estate. Endorsed by Shark Tank’s Barbara Corcoran and BiggerPocket’s Brandon Turner, Alan provides listeners a step-by-step roadmap on how to retire early and leave the corporate world behind, just like he did at the age of 28. The perfect pod ...
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Make Me Smart: Live in Boston
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Kai and Kimberly host our weekly happy hour episode, “Economics on Tap,” live from the stage of WBUR CitySpace in Boston. We’ll dive into the biggest headlines making waves this week while sipping on our favorite drinks. Plus, Drew joins the stage to host a round of our favorite game, Half Full/Half Empty! Here’s everything we talked about today: “…
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How We Survive: The Last Frontier
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Hey Smarties! We’re on the road to Boston for a live taping of “Make Me Smart” with special guest, historian Heather Cox Richardson. So today we’re bringing you an episode from the latest season of “How We Survive,” Marketplace’s climate solutions podcast. In this episode, Kai Ryssdal and the “How We Survive” team head to the very, very top of Alas…
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Texts, emails and the deception of elderly political donors
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As Election Day looms closer, the emails and texts from campaigns pleading for money continue to flood voters’ inboxes. A CNN investigation found that some of these tactics have misled elderly Americans into giving away millions of dollars. We’ll get into the financial consequences of aggressive campaign fundraising strategies. Then, we’ll discuss …
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Things are changing fast in the home insurance market
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In the weeks after Hurricanes Helene and Milton hit the Southeast, the price to rebuild has become a topic of contention in the home insurance market. For years, home insurers have identified climate change as a threat, cut coverage and increased premiums for properties in disaster-prone areas. But now, home insurers are also using new technologies…
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The rise of pharmacy deserts
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Across the country, pharmacies big and small are closing. The closures have disproportionately affected rural and low-income communities, leaving residents with limited access to prescription drugs and creating so-called “pharmacy deserts.” We’ll discuss a New York Times investigation about the middlemen driving pharmacies out of business. Plus, sh…
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Birkin bag buyers and the consumer-driven economy
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New research from the Federal Reserve shows that wealthier Americans are driving retail spending while lower-income Americans have been squeezed by higher prices. We’ll discuss how this disparity could help explain the United States’ often unexpectedly strong consumer economy, and what the Birkin bag side of TikTok can tell us about this divide. An…
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The risky business of corporate political spending
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Companies in the United States spend billions in political donations each election cycle with the aim of gaining more influence in government. But all that spending comes with risks. We’ll get into it. And, we’ll explain why many Americans impacted by recent hurricanes will have to wait for disaster assistance from the Small Business Administration…
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The rise of the podcaster’s political capital
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Vice President Kamala Harris has been sitting down with popular podcasts like the “The Breakfast Club,” Call Her Daddy,” and The Howard Stern Show. We’ll get into what the campaign strategy can tell us about voters, our fragmented media environment and the future of news. Plus, lower interest rates mean the end of a golden period for savers. And, t…
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Mining and the clean energy paradox
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Today we’re talking about a key piece of the global transition to renewable energy: metals. Specifically, metals like copper, lithium and cobalt that we need to build wind turbines, electric vehicles and to improve our energy grid. Vince Beiser, author of the forthcoming book “Power Metal: The Race for the Resources That Will Shape the Future,” sai…
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FEMA’s job is getting even harder
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Federal Emergency Management Agency crews working hurricane recovery efforts paused aid in parts of North Carolina over the weekend after threats were made against workers and an armed suspect was arrested. We talk about the rise of misinformation around FEMA’s response to Hurricanes Helene and Milton, including falsehoods pushed by former Presiden…
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What TikTok knew of the app’s toll on teens
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This week, more than a dozen states came together to sue TikTok over the social media app’s effects on young users. Now, a report by NPR and Kentucky Public Radio shows executives at the company were well aware of the harms to teens. We’ll get into it. Plus, is the cost of rebuilding after a natural disaster becoming a luxury few can afford? And, w…
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The future of FEMA funding
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Door Marketplace / Kai Ryssdal and Kimberly Adams
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Who will pay for Helene’s damage?
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Total damages from Hurricane Helene in the United States could cost $250 billion. But only a small fraction of homeowners have flood insurance. As another major hurricane looms, we’ll unpack why coverage is becoming so expensive that many Americans choose to go without. Plus, some news you can use about communicating during an emergency, and how zo…
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Live from Denver: The Economics of Being Single
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Almost half of adults in the U.S. are single. But so many of our economic policies and financial systems, from homeownership to retirement planning, cater to couples. Today’s episode is an excerpt from a Marketplace live show in Denver, hosted by “Make Me Smart” co-host Kimberly Adams, on the economics of being single. Kimberly is joined by a panel…
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The cost of the Israel-Hamas war
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Since the start of the Israel-Hamas war a year ago, the U.S. has spent at record $17.9 billion on military aid to Israel — more than any other year since this aid started. This adds to the already heavy human toll of the conflict. We’ll discuss the mounting costs of war. Plus, Anthony Fauci’s new warning about a mosquito-borne illness. And, is the …
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The political attacks on economic data
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The jobs report released today blew past economists’ forecasts, estimating that employers added about 250,000 jobs to the U.S. economy in September. Republican Sen. Marco Rubio is falsely claiming the jobs report is “fake.” We’ll get into how big economic data is being politicized. And, what happens when October surprises aren’t so surprising anymo…
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Whaddya wanna know about the Fed’s move to cut interest rates?
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After the Federal Reserve’s recent move to cut interest rates, you had questions. Lots of them! Today, we’re answering your questions about why the Fed doesn’t hold more meetings, why it tends to adjust interest rates in quarter-percentage-point increments, and why it’s target inflation rate is 2%. Plus, Kai Ryssdal unpacks the wonky relationship b…
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The connection between fast fashion and drug trafficking
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A 2016 trade law has made it easier for fast-fashion companies like Temu and Shein to ship massive volumes of cheap clothes to customers in the United States. Now drug traffickers are exploiting that same law to import fentanyl ingredients. We’ll get into it. And, Kai watched last night’s vice presidential debate after all. The hosts share their ta…
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Why immigration numbers are a headache for economists
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All sorts of statistics related to immigration are being thrown around in debates, speeches and campaign ads ahead of this year’s election. Immigration estimates are painstakingly calculated by various government agencies. But lately, economists have been wrangling with wide gaps between some of these numbers. On the show today, Jed Kolko, former u…
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The heavy price of living in disaster-prone areas
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Recovery efforts are continuing in the aftermath of Hurricane Helene, which made landfall in Florida last Thursday and caused widespread devastation across several southeastern states. We talk about the cost of moving to areas prone to natural disasters. Plus, why Americans now, more than ever, are reliant on state and federal support to supplement…
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How some politicians are trying to sell their image
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Branding is big in contemporary political campaigns. But some candidates are going to odd lengths to appeal to women in 2024. We’ll explain. Plus, the wave of new state voting laws since 2020 has the potential to dramatically reshape ballot access in the 2024 election. And we’ll weigh in on the doomsday prepping economy and “fridgescaping” during a…
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Should jobs require a college degree?
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In a speech outlining her economic vision this week, Vice President Kamala Harris said she’d boost manufacturing in the United States by supporting trade school programs and getting rid of unnecessary college-degree requirements for federal jobs. We’ll get into it. And, we’ll explain why the DOJ is suing Visa. Plus, European Central Bank President …
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The little short-term spending bill that could
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Congress has agreed on a temporary spending bill to fund the federal government through Dec. 20. The House GOP’s hotly debated SAVE Act didn’t make the final cut. We’ll get into what did make it into the bill beyond bare-bones funding measures. And, a wave of homeowners are looking to refinance their mortgages as borrowing costs ease. Plus, we’ll c…
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Kai on the military and climate change
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Kai Ryssdal takes over the mic today as he digs into the U.S. military’s climate change paradox. While the military is fueling the climate crisis, it’s also on the frontlines of the fallout. It’s an issue that hits home for Kai, a Navy veteran. And it’s all part of the latest season of Marketplace’s climate solutions podcast, “How We Survive.” List…
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The return of Three Mile Island
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The 1979 disaster at the Three Mile Island nuclear power plant helped define the energy conversation in the United States. Now it’s being reopened to help power artificial intelligence. We’ll get into the deal between the owner of the plant and Microsoft. Plus, the hosts weigh in on how some schools are warming up to AI and whether companies should…
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The lurking threat of political deepfakes
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This year, fake content generated by artificial intelligence hasn’t created the massive election mess that many assumed it would in the United States … at least not yet. At a Senate hearing, tech executives pointed to recent efforts by Russia, China, and Iran to interfere with the upcoming election. And, no, the Teamsters union did not endorse form…
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The Fed says go big or go home
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The Federal Reserve today said it’s lowering its benchmark interest rate by half a percentage point. The rate cut is bigger than we’d predicted, and bigger than what the Fed normally does, but its effects will take some time to ripple through the economy. We’ll also get into former President Donald Trump’s switch-up on the state and local tax deduc…
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Interest rates, inflation and the American consumer
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The Federal Reserve is expected to cut interest rates this week for the first time in four years. It would be a major milestone in the central bank’s long fight to get inflation under control. The Fed changes interest rates to keep inflation in check. But inflation is a complex phenomenon, and people have different ideas about what drives it. On th…
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How big will the Fed go?
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It’s decision week for the Federal Reserve! Chair Jerome Powell and his colleagues are expected to reduce interest rates for the first time since 2020. Investors are predicting a half-percentage-point cut, but we’re on Team 25. We’ll explain why. Plus, the origin of the false rumors about Haitian immigrants that reached the presidential debate stag…
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Trump’s no-tax agenda is growing
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Former President Donald Trump has said he wants to get rid of federal taxes on tips and Social Security benefits. Now he’s adding overtime pay to the list. We’ll get into it. And, could online dating be making income inequality worse? Plus, we’ll weigh in on foldable phones and Friday the 13th superstitions in a game of Half Full/Half Empty! Here’s…
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One giant leap for private SpaceX-ploration
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Today, SpaceX’s crew of billionaire Jared Isaacman and three other private astronauts completed the world’s first-ever commercial spacewalk. We’ll get into it. And, Congress is quickly approaching yet another deadline to avoid a government shutdown. What’s holding up lawmakers from voting on a temporary spending bill? Plus, we’ll break down what’s …
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Is the economy really the top issue this election?
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Last night’s presidential debate between Vice President Kamala Harris and former President Donald Trump kicked off with a question about the economy — often cited as the top issue for voters. But the discussion that followed was notably light on economic policy. So, can the state of the economy swing this election? And, we’ll get into more takeaway…
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Project 2025 and the fate of the federal workforce
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Door Marketplace / Kai Ryssdal and Kimberly Adams
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Closing the mental health parity gap
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The Joe Biden administration announced a final rule aimed at making sure insurance coverage for mental health and substance abuse disorders is on par with traditional medical benefits. We’ll explain why the Supreme Court’s Chevron decision poses a threat to the rule. Plus, the Supreme Court’s emergency docket is filling up with challenges to Enviro…
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Tax dodgers meet their match
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The IRS and U.S. Treasury Department announced today the recovery of $1.3 billion from high-income tax dodgers since last fall, citing funding from President Joe Biden’s Inflation Reduction Act as the catalyst for increased collection enforcement efforts. And we hear about the a new investigation into airline rewards programs. Plus, we discuss the …
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Harris throws a bone to the business folks
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The Harris campaign is proposing a bump in the capital gains tax that’s well below the rate President Biden had put forward. We’ll get into why remixing Biden’s tax plan scored her some points with corporate supporters. And, we’ll explain the fight between Disney and DirecTV that’s causing channel outages for subscribers. Plus, why Medicaid patient…
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Where’s the real money in AI?
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The artificial intelligence company Anthropic is launching a new product targeted at businesses. It’s a step above the company’s consumer-facing products, like its popular chatbot Claude. We’ll explain what it could mean for human jobs. And, we’ll get into the White House efforts to combat Russian-backed attempts to influence the November president…
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This year alone, cryptocurrency companies have spent over $119 million on pro-crypto candidates in federal races across the country. That’s almost half of all corporate money spent on this year’s election. But can all this crypto money really sway elections? Lee Reiners, crypto policy expert at the Duke Financial Economics Center, explains what the…
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Biden’s student debt relief legacy in limbo
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President Joe Biden has forgiven $167.3 billion in student loan debt since taking office. But his administration’s wins are often overshadowed by obstacles to its most ambitious debt relief programs. We’ll get into what this could mean for Biden’s economic legacy. And, we’ll explain why the 30-year mortgage rate can tell us what the markets think a…
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Klarna’s plan to swap workers with AI
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The CEO of Klarna, the by now, pay later service, said the company plans to cut its workforce dramatically by opting not to replace workers when they quit and instead use artificial intelligence to fill in the gaps. We’ll get into it. And, Nvidia’s earnings that beat analysts’ expectations didn’t impress everybody. Plus, we’ll unpack the Justice De…
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What happened to corporate DEI efforts?
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Home improvement retailer Lowe’s is the latest in a string of American companies to publicly abandon diversity, equity and inclusion efforts after facing pushback from conservative groups. We’ll get into it. Then, two signs that the global economy may be in trouble. Plus, we’re hype about the Paris Paralympics opening ceremony! Here’s everything we…
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Wheelchair rugby’s Chuck Aoki makes us smart about the Paralympics
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In case you haven’t heard, the Summer Olympics aren’t over! This year’s Paralympics kick off in Paris on Aug. 28. It’s the first time all 22 Paralympic events will be aired live, and total broadcast revenues are up by more than 20% from the delayed 2020 Paralympics. Chuck Aoki, an American Paralympic wheelchair rugby player, said content creators l…
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The supermarket supermerger heads to court
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The trial weighing the merger of Kroger and Albertsons, two grocery titans, begins today. We’ll explain what the biggest supermarket merger in U.S. history could mean for everyday shoppers and why the federal government wants to put a stop to it. Plus, we’ll get into the latest of Boeing’s woes: its Starliner spacecraft. Can the company’s failures …
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The Democratic Party’s billionaire whiplash
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The Democratic National Convention this week featured a wide range of speakers, from those who railed against the billionaire class to billionaires themselves. We’ll unpack the Democratic Party’s mixed messaging on the ultrawealthy. On the other hand, the world’s central banks seem to be on the same page when it comes to interest rates. We’ll get i…
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Harris’ hazy plan to ban price gouging
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Since Vice President Harris proposed a federal ban on price gouging in the food and grocery industries, her campaign has offered up few details about what the policy would actually look like. That’s left room for wild speculation. We’ll get into it. And, we’ll debunk former President Trump’s claims that the Biden administration manipulated job data…
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We read the minutes from the Federal Reserve’s last meeting so you don’t have to! Kai Ryssdal explains why an interest rate cut in September is looking more and more likely. Plus, how the Ozempic boom is changing the cost of workplace insurance plans. And, Chicago’s hottest dance club is at the … Democratic National Convention?! Here’s everything w…
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The new wave of private school vouchers
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For decades, private school vouchers, often referred to as school choice programs, were limited to low-income students. But recently, several states have passed universal voucher programs that any family, regardless of income, can use to pay their kids’ private school tuition. On the show today, Huriya Jabbar, professor of education policy at the U…
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An increasingly anxious U.S. labor market
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New survey data from the Federal Reserve Bank of New York shows that the percentage of Americans who expect to get laid off in the next four months has gone up. On the other hand, the share of Americans who expect to get a job offer in the next four months is also up. So what gives? We’ll get into the labor market unease and why the Federal Reserve…
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The complicated and costly challenge of rebuilding Gaza
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Since the start of the Israel-Hamas war, 70% of Gaza’s housing has been damaged, crucial infrastructure like schools and hospitals have been destroyed, and millions of Palestinians have been displaced. We’ll get into the logistical and economic challenge of reconstructing the Gaza Strip. And, we’ll explain why certain proposals coming out of the Ha…
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Trump’s pipe dream: slashing energy prices by half
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At a campaign rally, former President Trump said he’s committed to slashing energy prices by at least half in a year (or at the latest 18 months). We’ll explain why it’s a pipe dream. And, Vice President Kamala Harris is expected to propose the first-ever federal ban on corporate price-gouging in the food industry. But where’s the line between pric…
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