Posts Tagged ‘Planet Money’

  • When one mall is located in 2 cities, each with a different minimum wage, the unique incentives affect employees and consumers through wages and prices.

    A Tale of Two Cities… and One Mall

    Sep 4, 14 • 343 Views • No Comments

    Half of the Valley Fair Mall is in Santa Clara, CA while the other half is in San Jose. Because San Jose has a minimum wage of $10.15 while Santa Clara’s is $8.00, the stores at the mall have a problem. Minimum Wages Issues For some stores, the big...  [read more]

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    Inflation Stories

    Oct 3, 10 • 370 Views • No Comments

    Arrive at a supermarket at the same time everyday? Require cash instead of credit?  Stop making beer? Why? The answer to each question is INFLATION. We are told that the Fed is always worried about inflation. If you know that you should worry too but...  [read more]

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    Mortgage Backed Securities (Insecurities)

    Jul 28, 10 • 358 Views • No Comments

    NPR’s Planet Money has been looking for the people behind a mortgage backed security. The story, almost like a page turner mystery, began with a $1,000 purchase. With $1,000, Planet Money reporters purchased a tiny piece of a mortgage backed...  [read more]