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.
May 31st, 2011
Episode 378 of 964 episodes
For hundreds of years, Europe and the U.S. had what Fareed Zakaria calls "the secret sauce" — a powerful combination of capitalism, the rule of law, individual rights, science, technology and education. Today, the secret sauce has spread around the world. And it's driving rapid economic growth in scores of countries in Asia, Africa and Latin America. On today's Planet Money, we talk to Zakaria, author of The Post-American World, about what the rise of the developing world means for the U.S.