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.
November 15th, 2011
Episode 426 of 911 episodes
Gary Loveman used to be an economics professor at Harvard Business School. He studied things like the development of the private sector in Poland.Now he runs Ceasars Entertainment Corporation, a giant gambling company. But he still thinks like an academic. He likes to say there are three things that can get you fired from Caesars: Stealing, sexual harassment and running an experiment without a control group.On today's show, he tells us how he got from Harvard to Caesars, and explains the surprising results of some of his real-world experiments.