Explore every episode of the podcast Make Me Smart
| Title | Pub. Date | Duration | |
|---|---|---|---|
| What you need to know about DeepSeek and the AI race | 30 Jan 2025 | 00:12:00 | |
Today, we’re diving into a listener’s question about the new artificial intelligence chatbot on the scene. Chinese start-up DeepSeek’s AI model is said to be more cost-effective, less complex, and in some ways, just plain better than OpenAI’s ChatGPT. We’ll explain why the stock market’s freaking out and what it means for the U.S.-China AI race. Plus, we’ll share a story about a historic test flight that’ll have aviation nerds smiling. And the iconic “When Harry Met Sally” diner scene is recreated 35 years later. IYKYK. Here’s everything we talked about today:
Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART. | |||
| From Burning Questions: Is the future insurable? | 28 Jan 2025 | 00:21:00 | |
Today we’re handing the mic over to the team behind “Burning Questions” from Marketplace’s climate solutions podcast “How We Survive” as they survey the devastation on the ground in the Pacific Palisades, and dig into the homeowners insurance crisis. Since the Los Angeles fires broke out, thousands have lost their homes and current estimates say insured losses may exceed $30 billion. The disaster has raised existential questions about the future of the insurance industry and its potential impact on the housing market. Host Amy Scott talks with Carolyn Kousky from the Environmental Defense Fund to find answers. | |||
| Is this a coup? | 06 Feb 2025 | 00:11:33 | |
Is Elon Musk’s control of government offices as an unelected official a coup? Lots of people seem to think so. We’ll explain why. Plus, another potential government shutdown is looming and it may work in Democrats’ favor. And, one surprisingly effective (and protein-rich) way food insecurity in Pennsylvania is being addressed. Here’s everything we talked about today:
Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART. | |||
| The migrant workforce under Trump | 05 Feb 2025 | 00:27:47 | |
It’s hard to overstate the role immigrant workers play in the U.S. economy. Key industries rely on them — nearly half of meat-processing jobs, for instance, are held by immigrants. And many work in low-wage jobs that are vulnerable to exploitation.
Ted Genoways, a reporter with the Food and Environment Reporting Network, said Trump’s promises of mass deportations is creating fear and uncertainty for immigrant workers, both authorized and unauthorized, as well as for the massive food companies that employ them.
“If history is any guide, this will probably mean increased food prices, if only for companies trying to hedge against the possibility of something disastrous happening,” said Genoways.
On today’s show, Genoways gives us a snapshot of the low-wage immigrant workforce’s role in our economy and unpacks how Trump’s deportation plans could disrupt America’s food supply. Plus, why aren’t food companies held accountable for exploiting their employees?
And, we’ll get into what restrictions on the U.S. Agency for International Development could mean for Cuba. Plus, would you trust Kai with the aux? Here’s everything we talked about today:
Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART. | |||
| The strategy behind Trump’s executive orders | 03 Feb 2025 | 00:13:12 | |
Kimberly’s back from Cuba just in time to discuss the onslaught of President Donald Trump’s executive actions, from tariffs to his federal funding freeze. Lawsuits are being filed left and right against the administration’s moves, but will the Supreme Court still serve as a check on the executive branch? Plus, Kimberly unpacks lasting reflections on Cuba’s contradictions as a country with strong social services like universal education yet acute wage disparities. Here’s everything we talked about today:
Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org. | |||
| Silicon Valley’s quiet rebellion | 01 Feb 2025 | 00:30:58 | |
This week, Mark Zuckerberg’s Meta sent out a memo warning employees against leaking confidential company information … only for that memo to be leaked! Guest host Meghan McCarty Carino explains how it’s connected to the culture wars playing out between tech leaders and rank-and-file workers in Silicon Valley. And, we’ll get into how President Donald Trump is testing the legal limits of his office by firing certain federal officials. Plus, we’ll weigh in on cozy video games and Punxsutawney Phil during a round of Half Full/Half Empty! Here’s everything we talked about today:
We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Are Trump’s firings legal? | 08 Feb 2025 | 00:22:51 | |
President Donald Trump has fired dozens of government officials since he took office. The latest is the chair of the Federal Election Commission. But is any of this legal? We’ll get into it. Plus: A “Make Me Smart” alum shares the trauma of losing his home in the Los Angeles fires. Finally, we’ll wrap with a dose of uplifting news (thanks to you!) and a round of our favorite game, Half Full/Half Empty! Here’s everything we talked about today:
Got a question or comment for the hosts? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The Cuban dispatch II | 31 Jan 2025 | 00:10:52 | |
On the show today, we check in with Kimberly to hear more about her adventures in Cuba, a country that’s back in the news thanks to President Donald Trump’s commitment to establish a massive migrant detention facility at Guantánamo Bay. We’ll explain how Trump’s promised crackdown on immigration could affect the Cuban economy. Plus, more on how Cubans have managed to make do under a strict U.S. trade embargo, from dealing with medicine shortages to navigating a pandemic without Zoom. Here’s everything we talked about today:
Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. | |||
| Campaign trail myths about immigration and the economy | 24 Jul 2024 | 00:14:17 | |
Ahead of this year’s election, politicians are spinning out all kinds of narratives about how immigration hurts the U.S. economy. But an analysis by the Congressional Budget Office projects that a surge in immigration over the next decade will ultimately lower the federal deficit. We’ll do the numbers. Then, we’ll get into why former Treasury Secretary Larry Summers compared the Republican Party’s economic agenda to former UK Prime Minister Liz Truss’ infamous mini-budget disaster. And, Kai tells us about his cool dad moment. Here’s everything we talked about today:
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The growing U.S. soccer economy | 24 Jul 2024 | 00:24:20 | |
Today, we’re talking about one of Kai Ryssdal’s favorite topics: soccer! The sport’s U.S. audience is only expected grow, especially as the country gets ready to host the World Cup in 2026. Paul Tenorio, soccer writer for The Athletic, said access to the sport has changed dramatically for Americans over the last decade. On the show today, Tenorio explains why soccer is gaining a new audience, what lessons American stadiums can learn from mistakes at the recent Copa América tournament, and how legendary player Lionel Messi is bringing eyes and money to the game in the United States. Then, we’ll get into how companies are using troves of data to target different consumers, and why this “surveillance pricing” has caught the attention of the Federal Trade Commission. And, what a travel editor got wrong about repeat travel.
Here’s everything we talked about today:
Send us your suggestions for Paris Games-themed cocktails or let us know what Olympic events you’re looking forward to watching. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Kamala Harris and the glass cliff | 23 Jul 2024 | 00:13:38 | |
It’s official, folks. Over the weekend, President Joe Biden dropped out of the presidential race and Vice President Kamala Harris stepped in. Some are pointing out similarities between VP Harris’ eleventh-hour candidacy and the “glass cliff effect,” when a woman is put in a position of leadership to fix a company in crisis. We’ll get into it and fill you in on how the Harris campaign is leaning into memes to attract the Gen Z vote. Plus, gaps in China’s newly released economic plans leave questions about the country’s ability to turn things around. Here’s everything we talked about today:
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| What we can learn from a past tariff tiff | 12 Feb 2025 | 00:21:26 | |
If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a fellow for trade policy at the Council on Foreign Relations, explains how the Smoot-Hawley tariff debacle can shed light on the current moment, why the president has the power to wield tariffs in the first place, and how punishing trading partners could leave the U.S. economy at a disadvantage. Plus, what this fight has to do with the 1980s film “Ferris Bueller’s Day Off” and Roomba vacuum cleaners!
Later, one listener’s call to visit your local butcher. And, dating coach Damona Hoffman, host of the “Dates and Mates” podcast, answers the “Make Me Smart” question just in time for Valentine’s Day. Here’s everything we talked about today:
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Is there a better way to measure the economy? | 13 Feb 2025 | 00:14:58 | |
Throughout the 2024 election campaign, voters kept saying the economy felt bad, even though it looked good on paper. A new report blames that disconnect on the way the government measures the economy — sending economic circles abuzz! We’ll explain what the tizzy is all about. Plus, is the Senate confirmation process for federal officials still useful? And, we’ll smile about the adorableness that is the 149th Westminster Kennel Club Dog Show. Here’s everything we talked about today:
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Trump’s purge of federal workers and its historical parallels | 11 Feb 2025 | 00:17:46 | |
President Donald Trump’s recent steps to remove federal employees is drawing comparisons to government purges during the Red Scare of the 1950s. What’s at stake when government workers are pushed out? We’ll break it down. Plus, we’ll explain why a ruling in one of the lawsuits over Trump’s funding freeze is a biggie. Finally, tell us something good that happened to you lately! Here’s everything we talked about today:
Tell us something good that happened to you recently! Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| What Biden is leaving Trump | 15 Jan 2025 | 00:12:52 | |
President Biden today announced a hostage and ceasefire deal between Israel and Hamas aimed at ending the war in Gaza. This comes as Biden is making a string of policy decisions to make it harder for the incoming administration to undo his legacy. We’ll explain. And, when the world feels like too much, how do we cope? Plus, a touching photo essay that zooms in on the work of hospice nurses makes us smile. Here’s everything we talked about today:
We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The new rules of the road for real estate agents | 14 Aug 2024 | 00:16:12 | |
A quick housing market announcement: the structure for real estate commissions is set to change this week following a legal settlement with the National Association of Realtors from earlier this year. We’ll get into what it could mean for homebuyers, sellers and real estate agents. And, to publish or not to publish internal Trump campaign documents allegedly leaked by Iranian hackers? That is the question several newsrooms are facing. We’ll explain the conundrum. Plus, Kai Ryssdal gets wistful about his daughter’s first day of school. Here’s everything we talked about today:
We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| From Burning Questions: How can I eat for the planet (without getting stressed out)? | 13 Aug 2024 | 00:15:23 | |
Hey Smarties! If you’ve ever wondered how you make your diet more climate friendly, this episode of “Burning Questions” has you covered. From our friends over at “How We Survive,” the series answers your questions about climate change. In this episode, host Amy Scott chats with Melissa Nelson, professor of Indigenous sustainability at Arizona State University, about how our day-to-day food choices affect the planet and steps you can take to make your diet a little greener, without getting overwhelmed. | |||
| The growing threat of GPS attacks on airlines | 12 Aug 2024 | 00:12:27 | |
On the show today: a story from the “this is terrifying” file. Cybersecurity researchers are bringing attention to a recent surge in GPS “spoofing” on commercial airlines. We’ll explain how these digital attacks work and why they pose a danger. And, former President Donald Trump made his return to the social media site X to promote an upcoming conversation with Elon Musk. We’ll get into it. Plus, Kai Ryssdal tells us all about his adventures in France to see the Paris Olympics. Here’s everything we talked about today:
We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Peacock sticks the landing at Paris Olympics | 10 Aug 2024 | 00:36:31 | |
Compared to the Games in Tokyo and Beijing, NBC’s Paris Olympics coverage has been pulling in significantly higher viewership and ad revenue. Guest host Meghan McCarty Carino explains why the company may have finally hit its stride with its streamer Peacock. And, candidate Donald Trump said the president should have more influence over the Federal Reserve. Guest host Nova Safo gets into how that scenario played out in the Richard Nixon era. Plus, we’ll play a round of Half Full/Half Empty! Here’s everything we talked about today:
We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| What betting markets can and can’t tell us about the election | 08 Aug 2024 | 00:19:29 | |
Former {resident Trump and Vice President Harris are apparently neck and neck in the presidential race. That’s according to the … betting markets? Yes! We’ll get into the ways prediction markets are being used like polls in the 2024 race. Then, why lobbying dollars may pour in at state houses following the end of the Chevron doctrine. Plus, guest host Meghan McCarty Carino joins us to discuss the steady drip, drip, drip of layoffs in the tech industry. And, U.S. sprinter Noah Lyles wants his Air Jordan moment. Here’s everything we talked about today:
Join us tomorrow for a Make Me Smart guest host take over edition of Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. | |||
| Google’s ruling and Biden’s antitrust legacy | 08 Aug 2024 | 00:21:37 | |
A federal judge on Monday ruled that Google acted illegally to maintain a monopoly over online search. It’s the biggest antitrust ruling in decades. Could it be the cherry on top for President Joe Biden’s economic legacy? We’ll get into it. Plus, climate change and the future of the home insurance industry. And, gymnastics girl power and meteor showers make us smile. Here’s everything we talked about today:
Make Me Smart is headed to Boston! You can find details about the live event and how to get early bird tickets here. | |||
| So you’ve been part of a data breach. Now what? | 07 Aug 2024 | 00:36:04 | |
Another day, another data breach, am I right? Companies including AT&T, Ticketmaster, and UnitedHealth have all made headlines recently after hackers left millions of customers’ data vulnerable. Lily Hay Newman, a writer covering information security, digital privacy and hacking for Wired, says data breaches like these have been a growing issue for more than a decade. On the show today, Newman explains steps you can take after you’ve been impacted by a breach (beyond signing up for free credit monitoring) and what you can do proactively to protect your data. Plus, what cybercriminals actually do with your data and how cyberattacks have evolved.
Then, we’ll get into how a PAC funded by Elon Musk is collecting information on would-be voters. Plus, we’ll workshop a name for Vice President Kamala Harris’ economic platform and hear about Olympic speed climbing. Here’s everything we talked about today:
Make Me Smart is headed to Boston! You can find details about the live event and how to get early bird tickets here.
| |||
| The stock market temper tantrum, explained | 05 Aug 2024 | 00:21:48 | |
It’s been a tumultuous Monday for global markets as investors worry about the strength of the American economy. We’ll explain the data points behind the stock market slide and what it could mean for the Federal Reserve’s upcoming decisions on interest rates. And, we’ll get into what the fallout of former President Donald Trump’s appearance at the National Association of Black Journalists says about microaggressions in the workplace. Plus, women’s rugby, Flavor Flav and all things Olympics. Here’s everything we talked about today:
We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The global rise of right-wing populism (rerun) | 30 Jul 2024 | 00:31:17 | |
It’s been a few months since our deep dive on populism, but following the annoucement of JD Vance as Trump’s VP pick, the term is back in the headlines. Today, we’re revisiting that episode because it’s important to know what populism is and isn’t, and why a specific brand of populism is on the rise. We will be back next week with new episodes after a short summer break. Until then, keep sending us your thoughts, questions and comments at makemesmart@marketplace.org. Here’s everything we talked about today:
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| Make Me Smart: 2024 Olympics edition | 27 Jul 2024 | 00:28:19 | |
On today’s edition of Economics on Tap, we’ll get into some news while toasting the start of the 2024 Paris Olympics. First, Kimberly teaches us how to make an Olympic torch cocktail (complete with a real flame)! And, we’ll play a Paris Games-themed round of This or That. But first, a discussion of the history of women’s sportswear at the Olympic Games and Boeing’s Starliner crew (still) stuck in space. Here’s everything we talked about today:
Keep sending us your Olympic-themed cocktail ideas. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| How to live with wildfires | 15 Jan 2025 | 00:24:19 | |
The Los Angeles fires are a warning to all of us. Over the past week, lives, homes, businesses and entire communities have been lost in what’s expected to be among the nation’s costliest disasters ever. But with more than one-third of the U.S. population living in counties with high wildfire risk, this begs the question: Should lots of people relocate? Crystal Kolden, director of the Fire Resilience Center at the University of California at Merced and a former wildland firefighter, said abandoning these places isn’t the only option. On the show today, Kolden explains why the L.A. fires have been so tough to put out, why wildfires are different from other natural disasters like hurricanes and floods, and how devastated communities can rebuild in a way that makes them more resilient to future fires. Later, a listener shares a teamwork approach to cleaning up after a house party. And, Brad Stulberg, author of “Master of Change,” was wrong about how to find motivation. Here’s everything we talked about today:
We want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org. | |||
| Biden’s economic legacy | 25 Jul 2024 | 00:11:53 | |
When President Biden leaves office in 2025, he’ll leave behind a series of industrial policies like the CHIPS Act and Inflation Reduction Act that have turned United States economic policy on its head. We’ll get into why it may take decades to see these initiatives fully play out. And, we’ll get into Vice President Kamala Harris’s budding economic agenda. Plus, why Tesla and other tech companies were a drag on the stock market this week. Here’s everything we talked about today:
Join us tomorrow for our 2024 Olympics Edition of Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. And watch the hosts square off in a round of This/That! | |||
| What happens to Biden’s campaign money if he quits the race? | 20 Jul 2024 | 00:28:21 | |
In May, President Joe Biden’s campaign said it had a hefty $91 million stashed in the bank. If Biden were to end his candidacy, what would happen to all that cash? We’ll get into it. And, we’ll explain why the federal government’s plan to phase out its purchases of single-use plastics could have a sizable impact on the country’s use of plastic overall. Plus, we’ll get nostalgic for DVDs and paper checks during a game of Half Full/Half Empty! And, would you talk politics in the office? Here’s everything we talked about today:
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The elephant in the room at the RNC | 18 Jul 2024 | 00:12:20 | |
This week Sean O’Brien became the first ever president of the Teamsters union to speak at the Republican National Convention. We’ll explain why this ruffled some feathers and what it could mean for the relationship between unions and the Democratic Party. And, we’ll get into how the lock-in effect is shaping today’s housing market and why the Federal Reserve won’t wait for inflation to fall to 2% before lowering interest rates. Plus, when it comes to avoiding online misinformation while a crisis unfolds, patience is a virtue.
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 and play a round of Half Full/Half Empty! | |||
| The populist threat to climate action | 17 Jul 2024 | 00:16:34 | |
The transition to our clean energy economy is already underway. But progress on climate change may slow down as climate populism on the far right is taking root in developed economies. We’ll explain why cheaper, green technologies might be the antidote. Meanwhile, in Arizona, ballooning costs for a school voucher program triggered a state budget crisis. Plus, NASA blasted a Missy Elliot song all the way to Venus at the speed of light! Here’s everything we talked about today:
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Want to protect our democracy? Start here! | 16 Jul 2024 | 00:35:22 | |
If you’ve been feeling hopeless about the news, the election, the economy, the climate crisis and everything else that’s going on, today’s episode is for you. Emily Amick, lawyer and co-author of “Democracy in Retrograde: How to Make Changes Big and Small in Our Country and in Our Lives,” argues we can all become better participants in our democracy. And we don’t need to have a gazillion dollars to do it. On the show today, Amick explains why we should treat civic engagement as self-care, how to find your civic personality and ways to cultivate a news diet that doesn’t put you in a doom loop. Plus, the moment she realized our democracy was headed in the wrong direction.
Then, we’ll get into how voters in Utah fought to protect the power of citizen-led ballot initiatives and why shoppers hide purchases from their romantic partners. Plus, an anime cosplayer was wrong about what it would take to create her own costume.
Here’s everything we talked about today:
How are you getting involved in civic life? What helps you fend off feelings of hopelessness? Let us know at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The deluge of Trump news | 15 Jul 2024 | 00:17:12 | |
We’re still processing the news of the shooting at Donald Trump’s campaign rally in Pennsylvania over the weekend. On top of that, a federal judge dismissed the classified documents case against the former president. We’ll get into the news and why it matters how we talk about it. Then, we’ll explain why eviction rates remain above pre-pandemic levels in many parts of the country. Plus, some good news from the world of science about a malaria vaccine rollout in Ivory Coast and a $14 million investment in battery recycling. Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| A funding freeze for Biden | 13 Jul 2024 | 00:23:14 | |
In the aftermath of the debate between President Joe Biden and former President Donald Trump, money’s been talking. Major donors to a key pro-Biden super PAC are reportedly putting donations worth $90 million on ice if Biden stays in the race. We’ll get into what the funding freeze means for the future of Biden’s campaign. Plus, guest host Sabri Ben-Achour makes us smart about cricket protein powder. And we’ll play a round of Half Full/Half Empty! Here’s everything we talked about today:
Before you get your weekend started, send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| A new normal for interest rates? | 11 Jul 2024 | 00:22:28 | |
If you’re waiting for interest rates to fall back to the near-zero levels of the 2010s, don’t hold your breath. On Capitol Hill this week, Federal Reserve Chair Jerome Powell told senators that era is probably over. We’ll get into it. And, we’ll unpack why more NATO members are spending more on defense and what’s causing widespread financial strain for hospitals and health systems. Plus, how things could change for federal agencies and lawmakers in a post-Chevron doctrine world. Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Who’s ready for retirement? | 10 Jul 2024 | 00:19:47 | |
For the oldest members of Gen X, retirement is right around the corner. But a new report from BlackRock found only 60% of Gen X feels on track to retire, the lowest of any generation. We’ll do the numbers on which Americans feel confident in their retirement savings and what could explain generational and gender gaps. And, we’ll get into a social media horror story playing out at a Pennsylvania middle school. Plus, Team USA gymnasts will bring the sparkle factor to the 2024 Paris Olympics. Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The problem with the American 30-year mortgage | 09 Jul 2024 | 00:31:15 | |
The 30-year fixed-rate mortgage is as American as apple pie. But it wasn’t always this way, and it’s putting the housing market in a tough spot lately. A substantial amount of homeowners with low-rate mortgages are choosing to stay put in their homes rather than selling and buying a new one at higher rates. It’s created what’s known as a lock-in effect. On the show today, Andra Ghent, professor of finance at the University of Utah, explains how a 30-year fixed-rate mortgage became the norm in the United States, why it’s now putting the housing market in a bind, and how our mortgage system perpetuates inequality. Plus, could the Danish mortgage model work here?
Then, we’ll get into why the Federal Trade Commission is eyeing pharmacy benefit managers, the third-party companies that negotiate drug prices between health insurance providers and drugmakers. And, an editor at The Points Guy shares the story of a travel lesson learned.
Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The rise of private firefighting | 14 Jan 2025 | 00:28:49 | |
As wildfires continue to burn in Los Angeles, some wealthy residents are shelling out thousands each day to hire private firefighters to protect their homes and businesses. But some argue that the market for these private crews diminishes public firefighting resources. We’ll get into it. And, renowned science fiction author Octavia Butler predicted many of our modern problems, including catastrophic wildfires. We’ll explain how looking to the past helped her write about the future. Plus, Kimberly gives us some advice for throwing better parties in 2025. Here’s everything we talked about today:
We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| Let’s get smart about the 1.5 degree global warming limit | 09 Jul 2024 | 00:21:11 | |
In June, global temperatures had surpassed 1.5 degrees Celsius above pre-industrial levels for 12 months straight, encroaching on the goal set in the Paris climate accord. We’ll explain why scientists use 1.5 degrees as a key benchmark and why it’s important to have hard conversations about climate change. Then, we’ll get into an investigation revealing how insurers profited from false diagnoses of Medicare patients. And, a billion-dollar donation to a medical school and new developments in textile recycling make us smile. Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| From “This Is Uncomfortable”: The high price of cheap clothes | 05 Jul 2024 | 00:36:31 | |
Hey Smarties! We’re on a little break for the Fourth of July holiday. So today we’re bringing you an episode from our friends at “This Is Uncomfortable.” It’s all about the fashion industry and the workers who make the clothes we buy (and often throw away). In this episode, producer Alice Wilder introduces us to one garment worker’s personal fight for fair pay and the push to improve conditions for garment workers like her. | |||
| From “Million Bazillion”: Why is there so much gold at Fort Knox? | 04 Jul 2024 | 00:29:02 | |
Hey Smarties! We’re off for the Fourth of July holiday. So today we’re bringing you a super fun episode of “Million Bazillion” that’ll teach you and your kiddos about a bit of our nation’s history and a highly secretive landmark. It’s all about Fort Knox, known as one of the most secure places in the world, and why it holds so much of the country’s gold. Plus, its role in stabilizing the U.S. economy in a time of crisis. | |||
| Our GPS system is wearing down | 03 Jul 2024 | 00:09:15 | |
Much in our modern lives depends on GPS. But the United States’ GPS system is getting old and hasn’t kept up with international competition. We’ll get into how this leaves the U.S. vulnerable to national security threats. And, new data shows that as abortion protections have eroded across the country, more young women have been getting sterilized. Plus, one nonprofit’s work to give kids who’ve aged out of foster care a bona fide college move-in experience, and a women’s soccer stadium’s surprise success story. Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The evolution of the American office | 02 Jul 2024 | 00:27:08 | |
It’s been about four years since the great remote work experiment took off for many employees who work computer-bound jobs. After plenty of back and forth between return-to-office mandates and work-from-home advocates, neither side really won. Data from the Bureau of Labor Statistics shows that the share of Americans doing some or all of their work from home has leveled off to about 35%. On the show today, The New York Times’ Emma Goldberg explains who’s working from home these days and how it’s impacting both employees and their bosses. Plus, the commercial real estate question looms large over the remote work debate.
Then, we’ll get into why the Joe Biden administration’s new protections for workers in extreme heat could be threatened by recent Supreme Court rulings and a potential second Trump presidency. And, the CEO of GS1, the company administering retail barcodes, didn’t see the QR code takeover coming. Here’s everything we talked about today:
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| A one-two punch for the power of federal agencies | 01 Jul 2024 | 00:20:09 | |
A Supreme Court ruling today gives companies a dramatically wider window to challenge federal regulations with lawsuits. We’ll get into why this is particularly important in light of a separate decision to overturn the Chevron doctrine, and how it could impact other federal regulations like the Federal Trade Commission’s ban on noncompete clauses. Then, we’ll discuss the Supreme Court’s decision on former President Donald Trump’s immunity case and where the heck we go from here. Plus, what you can do to protect the health of our democracy.
Here’s everything we talked about today:
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| Our take on the debate (and drone light shows) | 29 Jun 2024 | 00:32:14 | |
There were no fireworks for the Democratic Party during last night’s debate between President Joe Biden and former President Donald Trump. While Trump made false claims throughout the night, Biden did little to assuage fears that he’s not up to the job. We’ll get into how the Biden campaign’s fundraising strategy is already shifting and what it might mean for downballot races. Then, we’ll weigh in on Fourth of July travel and drone light shows during a game of Half Full/Half Empty! Here’s everything we talked about today:
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| SCOTUS shakes up SEC | 27 Jun 2024 | 00:13:03 | |
The U.S. Supreme Court dealt a huge blow to the Securities and Exchange Commission today when it ruled against its use of in-house judges to enforce securities fraud laws. We’ll get into why the decision will make the SEC’s job harder and what it could mean for other federal agencies. Plus, we’ll bust a common myth about Social Security and explain why homeownership is key factor in how Americans are faring in this economy. Here’s everything we talked about today:
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| Keeping up with the Supreme Court | 26 Jun 2024 | 00:10:55 | |
This year’s Supreme Court decision season has been a busy one, and it’s not over yet. We’ll get into the court’s leaked opinion on emergency abortions and two other expected decisions that have the business world watching. Plus, another round of Cybertruck recalls and why it’s fine to keep referring to X as Twitter (per one Supreme Court justice). Here’s everything we talked about today:
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| Are we living in a K-shaped economy? | 26 Jun 2024 | 00:20:05 | |
In the wake of the COVID-19 recession, many economists were describing the United States’ economic recovery as K-shaped. Basically, high-income Americans bounced back quicker than those at the lower end of the income scale. So, did we ever ditch that K shape? The person who coined the phrase “K-shaped recovery” back then, says no. On the show today, Peter Atwater, president of Financial Insyghts and adjunct professor at the College of William & Mary, explains why he believes economic inequality has grown since the pandemic recovery, why considerable wage gains for low-wage workers tell only part of the story and the risks of letting a K-shaped economy run wild.
Then, we’ll get into how the fragility of global shipping supply chains could be playing into Federal Reserve decisions on interest rates. And, happy wedding anniversary, Susanna!
Here’s everything we talked about today:
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| Why anime is everywhere all at once (rerun) | 07 Jan 2025 | 00:31:25 | |
Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. 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 2025 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. Anime seems to be just about everywhere these days: film, music videos, the NFL and big streaming services like Netflix and Hulu.
“Anime is colossal. In terms of raw revenue, anime and the NLF are tied at about $20 billion in [annual global] revenue,” said Chris Plante, editor in chief and co-founder of Polygon at Vox Media. “When you think of anime, it can be seen as niche, but the reality is that couldn’t be further from the truth.”
On the show today, Plante explains anime economics, what’s behind the rise of anime in the United States and some of the problematic aspects of the medium.
Later, we’ll discuss how climate change is impacting cherry blossom season and why the commercial real estate crisis could be a big problem for regional banks.
Later, one listener calls in on a landline about landlines. And, this week’s answer to the Make Me Smart question comes from a digital illustrator based in Long Beach, California.
Here’s everything we talked about today:
Are you a fan of anime? Tell us about your favorite anime series! Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org. | |||
| The conservative push to weed out anti-Trump federal workers | 24 Jun 2024 | 00:14:38 | |
Groups aligned with former President Trump are hunting through information to come up with a list of federal employees who might be resistant to a second Trump administration. We’ll discuss the push to reshape government. Plus, is the urban/rural divide a myth? And, a viral voicemail pep talk from a testing center worker makes us smile. Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||
| The IRS battles a fraud-plagued tax credit | 22 Jun 2024 | 00:21:36 | |
Four years after the Internal Revenue Service created a tax credit to help struggling businesses get through the pandemic, the agency ultimately plans to reject the majority of claims filed under the program. We’ll explain how it became swamped with fraud. And, Major League Baseball legend Reggie Jackson opened up about the racism he and other Black players faced in the ’60s. We’ll get into it. And, we’ll play a round of Half Full / Half Empty! Here’s everything we talked about today:
We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART. | |||