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Planet Money's annual tradition: updating listeners on stories they reported throughout the year. Follow-ups on the diamond mystery, the Gaza money story, the subscription economy, and the team's own book project — a creative meta-experiment in economics.
This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.
Canon
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The team updates their book project: in writing a book about economics, they encountered every challenge previous economics authors had faced (publishers wanting sensationalism, readers wanting simplicity, experts wanting nuance). They used past publishing biographies to navigate the tension.
Highlights
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The subscription economy has turned ownership into rental — and most consumers haven't noticed the shift
Planet Money updates a story about the subscription economy: Americans now pay an average of $219/month in subscriptions (up from $72 in 2018). The shift from ownership to subscription means consumers pay more over time while owning nothing — a wealth transfer from consumers to corporations.Was this useful?