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.
February 2nd, 2010
Episode 240 of 935 episodes
Economist editor,Tom Standage, says if you want to get a good picture of world history, you should look at spices. In his book, An Edible History of Humanity, Standage writes about how tall tales of carnivorous birds and flying snakes let Arab middleman charge Europeans inflated prices for cinnamon and pepper for years. Standage says it wasn't until an Indian ship went adrift in the Red Sea that the Europeans realized there was an easier route to get all those spices they had been craving.