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.
January 14th, 2012
Episode 441 of 964 episodes
In 1978, a group of farmers in a Chinese village called Xiaogang wrote a secret contract and hid it in the roof of a mud hut.They were afraid the document might get them executed. Instead, it wound up completely transforming the Chinese economy.On today's show, we travel to Xiaogang, and hear the farmers' story.