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FTX and the Serengeti of bankruptcy
For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actu…
1 year, 11 months ago
Grocery prices, credit card debt, and your 401K (Two Indicators)
What's going on with consumers? This is one of the trickiest puzzles of this weird economic moment we're in. We've covered a version of this before u…
1 year, 11 months ago
TikTok made me deduct it
TikTok, and other apps like it, are filled with financial advice. Some of it is reliable, some... less so.
There are videos about running a business,…
2 years ago
How much does this cow weigh? (Classic)
This episode originally ran in 2015.
About one hundred years ago, a scientist and statistician named Francis Galston came upon an opportunity to test …
2 years ago
Japan's Lost Decades
Last month, Japan's central bank raised interest rates for the first time in 17 years. That is a really big deal, because it means that one of the sp…
2 years ago
The real estate industry on trial
In 2019, Mike Ketchmark got a call. Mike is a lawyer in Kansas City, Missouri, and his friend, Brandon Boulware, another lawyer, was calling about a …
2 years ago
How much of your tax dollars are going to Israel and Ukraine
There's been a lot of disagreement in Congress and in the country about whether the U.S. should continue to financially support the wars in Ukraine a…
2 years ago
The trouble with Table 101 (Update)
(Note: This episode originally ran in 2020.)
In the restaurant game, you need to make the most of every table every minute you are open. And you need …
2 years ago
What is Temu?
It is rare that a new e-commerce company has such a meteoric rise as Temu. The company, which launched in the fall of 2022, has been flooding the Ame…
2 years ago
How Big Steel in the U.S. fell
Steel manufacturing was at one point the most important industry in the United States. It was one of the biggest employers, a driver of economic grow…
2 years ago