The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
October 22nd, 2009
Episode 200 of 928 episodes
Human beings aren't the only creatures who make economic decisions. It turns out that monkeys do it, too. Scientists have observed our primate kin exchanging goods and services and adjusting prices. Ronald Noe, a professor of primate ethnology at the University of Strasbourg, says the vervet monkey of southern and eastern Africa uses grooming as a kind of currency. Vervets determine the value of food providers and divide their attention according to the law of supply and demand.