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.


#48 Planet Money: North Korea's Hidden Market

May 29th, 2009

Episode 140 of 902 episodes

When you arrive as a tourist in North Korea — yes, it's been done — they don't tell you the news, says Curtis Melvin. They tell you the state of the economy. And yes, they do have one. Melvin knows because it tracks it on his blog, North Korean Economy Watch. One of his biggest boosts comes from Google Earth, which lets him watch what passes for economic development. And a look at the "efficient market" hypothesis, which helps to explain why, in the long haul, Jim Cramer and company fare as well as anyone else on Wall Street.