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 15th, 2014
Episode 657 of 960 episodes
A famous biologist predicts overpopulation will lead to global catastrophe. He writes a bestselling book and goes on the Tonight Show to make his case.An economist disagrees. He thinks the biologist isn't accounting for how clever people can be, and how shortages can lead to new, more efficient ways of doing things.So the economist, Julian Simon, challenges the biologist, Paul Ehrlich, to a very public, very acrimonious, decade-long bet. On today's show: The story of that bet, and the ugly precedent it set.For more, seeThe Bet, by Yale historian Paul Sabin. We talk to Sabin on today's show.