Streams

David Kestenbaum

David Kestenbaum appears in the following:

How Managing Money Creates Huge Profits For The Federal Reserve

Friday, April 29, 2016

The government is getting $100 billion this year, essentially from nowhere. It is the profit made by the Federal Reserve. The Fed is in charge of managing how many dollars are in the economy. It turns out to be a very profitable business, especially since the financial crisis, when the Fed threw an extra $3 trillion into the economy.

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Boom Town Presses Pause Amid Dramatic Drop In Oil Prices

Thursday, January 07, 2016

Two years ago, in January 2013, oil was about $100 dollars a barrel. At that time, towns near new oil fields expanded rapidly, filling up with workers and overflowing revenue. But how...

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How Former Fed Chairman Paul Volcker Tamed Inflation — Maybe For Good

Tuesday, December 15, 2015

Inflation is so low that it's nearly nonexistent now. But it most certainly wasn't always that way. The Planet Money team tells the story of former Federal Reserve Chairman Paul Volck...

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How The Federal Reserve Plans To Make $3 Trillion Disappear

Monday, December 14, 2015

The Fed created the money after the financial crisis to try to help the economy, but the money could eventually create inflation or cause bubbles. (This piece initially aired on Oct. 23, 2015 on ATC.)

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Massive Pacific Trade Agreement Ignores One Huge Tariff: Currency Manipulation

Thursday, November 12, 2015

The Trans-Pacific Partnership trade agreement has been hashed out line-by-line. All 6,000 pages of it. It will set the rules for roughly one-third of world trade. It has precise requi...

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How Do You Make $3 Trillion Disappear? The Fed Will Soon Find Out

Friday, October 23, 2015

The Planet Money team explains how to make $3 trillion disappear, which is what the Federal Reserve will be trying to do. It created the money after the financial crisis to try to hel...

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Why Most People Don't Shop Around For Medical Procedures

Friday, October 09, 2015

We shop around when we get a plane ticket or buy a couch. But we spend thousands of dollars on health care without comparing prices. What happens when you pay patients to choose the cheaper option?

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One Man's Mission To Bring Back Hydrox Cookies

Wednesday, September 23, 2015

The original chocolate sandwich cookie was discontinued in '99. Ellia Kassoff, who grew up with Hydrox and wanted to bring it back, learned that if someone isn't using a trademark, it's up for grabs.

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Why China's Official Economic Numbers Shouldn't Be Trusted

Friday, September 11, 2015

Economic news coming out of China often rattles or rallies global markets. But how reliable is that news? It turns out basic measures like Gross National Product may be far from accurate.

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'Planet Money' Explains Why We Sign For Things

Friday, September 04, 2015

Some people write a squiggle. Others just write an initial. Our Planet Money team takes a look at the history of the signature. (This piece initially aired on Sept. 14, 2014 on All Things Considered).

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Why Can't We Bet On U.S. Elections? Blame 16th Century Rome

Wednesday, August 26, 2015

You can spend millions on lobbyists or ads to influence the presidential election, but it is mostly illegal to bet on who will win the White House. But centuries ago, people bet on the papal election.

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Weighty Issue: Cow Guessing Game Helps To Explain The Stock Market

Thursday, August 20, 2015

Planet Money put a picture of a cow on the Internet and asked how much it weighed. The idea was to understand the phenomenon that drives everything from the stock market to orange juice prices.

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Keynes Predicted We Would Be Working 15-Hour Weeks. Why Was He So Wrong?

Thursday, August 13, 2015

The economist John Maynard Keynes predicted that his grandkids would work just 15 hours a week. He imagined by now, we would basically work Monday and Tuesday, and then have a five-da...

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Doctors Plan Database On Cancer Drugs, Showing Effectiveness And Cost

Friday, July 24, 2015

A group of cancer doctors is trying to create a database on cancer drugs. It would give a score for each drug, reflecting how well the drug works. It would also list how much the drug costs.

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Casinos Offer New Ways To Win With Games Based On Skill

Monday, July 20, 2015

Some casinos are switching out slot machines for games of skill. This story originally aired on April 29, 2015, on All Things Considered.

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Greece's Debt Crisis Exposes Its Hidden Financial Plumbing

Thursday, July 09, 2015

Greece is on the verge of an economic nightmare scenario of the modern world. The financial plumbing in Greece is starting to shut down, and the Planet Money podcast finds out the widespread and weird effects.

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3 Economists Answer This Question: What Keeps You Up At Night?

Thursday, June 25, 2015

It's been 7 years since the financial crisis nearly took down the global economy. Our Planet Money team wondered what the next big mess might be, so they asked three economists for their thoughts.

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Experts Debate: Will Computers Edge People Out Of Entire Careers?

Wednesday, June 03, 2015

Machines have been taking jobs forever. Computers and software are doing things people were paid to do. They are booking airplane flights. Filing our taxes. And they are getting better all the time.

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What Would The World Be Like If Machines Did All The Work?

Friday, May 29, 2015

The economist John Maynard Keynes imagined a future world where people no longer need to work. NPR's Planet Money podcast brings you a work of audio fiction inspired by Keynes' question.

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Obama's New Budget Plan Proposes Closing Social Security Loophole

Friday, May 15, 2015

The Obama administration's new budget plan proposes closing a Social Security loophole. The loophole allows some couples to get up to $50,000 extra.

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