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.
June 22nd, 2013
Episode 606 of 954 episodes
The price of tires has risen by about 40 percent in the past five years. That's partly because rubber prices have gone up. But it's also due to a tariff that the U.S. on Chinese tire imports.As tire prices have risen, more people have been renting tires rather than buying them outright. And renting tires, it turns out, is often a bad deal in the long run.On today's show: How a celebrated attempt to help one group of people ended quietly hurting a much larger group. Also on the show:The Grizz.