Episode (200)
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Escheat show (Update)
Mar 19, 2025Note: This original episode ran in 2020. Walter Schramm did everything right as an investor — at least according to the philosophy of Warren Buffett. So how come he lost a small fortune? In this epi...
How Tupperware took over our homes, with Decoder Ring
Mar 14, 2025Tupperware is the stealthy star of our modern homes. These plastic storage containers are ubiquitous in our fridges, pantries, and closets. But the original product was revolutionary. So was its break...
The last time we shrank the federal workforce
Mar 12, 2025If you cut every single federal job President Donald Trump wants to cut, how much money would that save? A president has tried to massively shrink the size of the federal government before. It was i...
How to start a bank
Mar 07, 2025In some ways, starting a bank is a lot like starting any other business. Who will you hire? Where will you be located? What color will the couches be? But it's also way more complicated. There are ton...
The Parable of Peanut the Memecoin
Mar 05, 2025Memecoins are having a moment. Everyone from Hawk Tuah to President Donald Trump to animal influencers like Moo Deng the pygmy hippo have been turned into cryptocurrency. But what are the costs of all...
The Memecoin Casino
Feb 28, 2025What do Moo Deng the pygmy hippo, social media sensation Hawk Tuah, and the President of the United States all have in common? They've all inspired highly valuable, highly volatile memecoins. The hu...
The controversy over Tyson Foods' hiring of asylum seekers
Feb 27, 2025Last year, Tyson Foods shuttered a meat processing plant in Perry, Iowa. The company said it made the decision because the plant was old and inefficient. But the closure was devastating for the reside...
The rise and fall of Long Term Capital Management
Feb 22, 2025There's this cautionary tale, in the finance world, that nearly any trader can tell you. It's about placing too much confidence in math and models. It's the story of Long Term Capital Management. The...
Can the president override Congress on spending?
Feb 19, 2025So the president can't spend more money than Congress has agreed and voted to spend. But can the president spend less money than Congress wants? It all comes down to something called "impoundment" an...
The Big Government Money Pipe Freeze
Feb 14, 2025There has been chaotic uncertainty around billions of dollars allocated by Congress. The Trump administration ordered a pause on — and review of — certain types of federal assistance. A judge blocked ...