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.
August 18th, 2010
Episode 299 of 960 episodes
Today, we hear from Nassim Taleb, the former Wall Street trader who published a book called the Black Swan back in 2007. The book argues that most economic models fail because they don't take into account rare, high-impact events that wind up driving history. (Taleb calls these events Black Swans.) The argument came out looking pretty good after the 2008 financial crisis. Earlier this year, a new edition of the book came out, with a new section called "On Robustness & Fragility." Among other things, the new section includes a prescription for withstanding a Black Swan. The short version: Get rid of debt.
In a time where we're all threatened by a rhetoric of hate from the people in power; A Gay And A NonGay challenges many of our differences head on and promises that no matter who you are, or what you're into (Bruce Springsteen or Britney), love is love and gay and nongays can be friends. </div><div><br></div><div>An independent podcast from James Barr (@imjamesbarr) and Dan Hudson (@DanHudson). Contact us on Twitter, IG or Facebook @gaynongay