Planet Money


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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.


#236 Planet Money: The Economics Of Dream Pursuit

December 15th, 2010

Episode 333 of 902 episodes

Today on the podcast, why a horrible economy can be really good for pursuing your dreams. We talk to listener, Becky Mumaw, who wrote to us when we asked people to share how they think they'll fair in the post-crisis economy. Becky and her boyfriend Nick Westervelt had dreamed of being farmers one day, and recently, they made that dream come true by purchasing a farm in upstate New York. The farm's former owners had a food concession business that failed during the recession, so Becky and Nick were able to buy the land fairly cheaply. The downturn in the job market also made it easier for Becky and Nick to pursue the farm. Without many good job prospects, they felt comfortable walking away from the career paths they would have pursued in good economic times. But that's not the case for everyone. For some of Becky and Nick's friends -- a dancer and a painter -- the recession has made life very hard.

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