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.
October 5th, 2013
Episode 636 of 902 episodes
So we're making a T-shirt and we do this Kickstarter campaign and we raise $590,807 (which, really, we can't thank you enough). It turns out the money collected on Kickstarter is handled by Amazon. Great, we figure: This is the company that will sell you anything on the planet and get it you you the next day. And what we need in this case isn't even a thing, really. We just need Amazon's bank to send money electronically to a checking account at Chase bank. It's just information traveling over wires. How long could it take: A minute? An hour? It took five days. On today's show: Why the invisible pipes that move money around America are so slow. (And why the ones in England are so much faster.) Music: The Black Keys' "Countdown." Find us: Twitter/ Facebook/Spotify/ Tumblr. Download the Planet Money iPhone App.
Jessica Helfand and Michael Bierut explore how design works within complex organizations to shape decisions, ideas, products, and more. Guests include clients from many industries and designers in many fields. Recorded at the Yale School of Management.