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 9th, 2013
Episode 637 of 943 episodes
On today's Planet Money: Why a dead shark costs $12 million, and a photo of steel wool that looks like a tornado costs $1,265.In other words, we wade into the economics of the art world.For more, read Ed Winkleman's blog and check out his gallery. Browse the works of Matthew Albanese, the man behind the steel-wool tornado. And read "Art Investment as Floating Crap Game" by William Baumol, an economist and artist.Note: This episode was originally posted in 2010.Music: Sia's "Clap Your Hands." Find us: Twitter/ Facebook/Spotify/ Tumblr. Download the Planet Money iPhone App.