Make Me Smart

Make Me Smart

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Make Me Smart episodes

  • MLB vs. Georgia Republicans

    Yes, it’s the predictable sequel to yesterday’s discussion about corporate America and Georgia lawmakers. This time, we’re talking about Major League Baseball’s decision to move the All-Star Game, the reaction from politicians on both sides of the aisle and MLB’s carveouts from federal law. Plus, we play another round of “Half Full/Half Empty,” with more sports talk and more blockbuster showdowns.

    Here’s everything we talked about today:

    • “Japan’s Kyoto cherry blossoms peak on earliest date in 1,200 years, a sign of climate change” from The Washington Post
    • “MLB moves All-Star Game from Georgia over new voting law” from Politico
    • This issue of Heather Cox Richardson’s newsletter “Letters from an American”
    • “‘They can do what they want’: Archegos and the $6tn world of the family office” from the Financial Times
    • For more on the MLB’s exemptions from federal law, check out our podcast “The Uncertain Hour”
    • “NFL moves to 17-game regular season in 2021: What it means for teams, players, revenue and fans” from ESPN
    • “Student-athlete compensation in focus at Supreme Court” from Marketplace
    • “Apple is investing in a company that lets musicians own their work” from Marketplace
    • “Biden wants to nearly double U.S. spending on science” from Marketplace
    • “‘Godzilla Vs. Kong’ Fires Up $16.3M In First Two Days” from Deadline
    • Thanks to everyone who joined us live on YouTube today! We go live each Friday at 3:30 p.m. Pacific time/6:30 p.m. Eastern for our happy hour episode! Subscribe to our channel and sign up for notifications so you don’t miss it.

      26 min
    • Georgia Republicans vs. Delta

      The PR flap over Georgia’s new voting law gives us an interesting look at something we talk about a lot: The promise and peril of corporations acting as a check on the government. Or at least, it’s an object lesson in why companies are not your friend and — news flash — some politicians are hypocrites. Also on the docket today: Is Miami really all that great?

      Here’s everything we talked about today:

      • “What a Pepsi can says about the GOP’s rift with corporate Atlanta” from the Atlanta Journal-Constitution
      • “Georgia House threatens Delta tax break after CEO slammed new voting restrictions” from CNN
      • “Corporate mind-meld on Biden plan” from Politico
      • Meet Abdallah “Shehta” Abdel Gawad!
      • An LA Times Business editor on VCs pushing “certain cities”
      • Join us on YouTube Friday at 3:30 p.m. Pacific time/6:30 p.m. Eastern for our live happy hour episode! Subscribe to our channel and sign up for notifications so you don’t miss it.

        18 min
      • What you should know about “family offices”

        Investment firms managing private wealth don’t have to register with the Securities and Exchange Commission and are responsible for some $6 trillion. The collapse of Archegos Capital has one of our listeners worried about the economic ripple effects. We’ll talk about it. Plus, more listener questions about Modern Monetary Theory and the Suez Canal fallout.

        Here’s everything we talked about today:

        • “Suez Canal reopens after stuck cargo ship is freed” from the Associated Press
        • “Who pays for Suez blockage? Ever Given grounding could spark years of litigation” from The Guardian
        • “Why Archegos Capital was in U.S. regulators’ blind spot” from Reuters
        • “Senate Banking Committee Chair Brown urges regulators to take a ‘closer look’ at Archegos meltdown” from CNBC
        • Our episode on Modern Monetary Theory
        • “Biden’s $1.9-trillion big spend is a big bet on modern economic theory” by Virginia Heffernan in the Los Angeles Times
        • “Home prices have been rising at fastest clip in 15 years” from Marketplace
        • 21 min
        • 40 years later, is this the end of Reaganomics?

          It’s been 40 years since President Ronald Reagan said, “Government is not the solution to the problem, government is the problem.” Now we’re in a new crisis, with plenty of data on the “trickle-up” consequences of trickle-down economics and a $1.9 trillion pandemic relief bill. Reagan had “Morning in America,” Joe Biden has “Infrastructure Week.” On today’s show, we’ll talk with political economist Mark Blyth about how Reaganomics was supposed to work, its ripple effects on Democrats and whether the era of “the era of big government is over” is … over.

          Here are links to everything we talked about on the show today:

          • “Bidenomics beats Reaganomics and I should know – I saw Clintonomics fail” from previous Marketplace contributor Robert Reich in the Guardian
          • “2020 Was the Year Reaganism Died” by Paul Krugman in The New York Times
          • “Biden is planning for a Great Society 2.0” by James Hohmann in the Washington Post
          • “JPMorgan, Salesforce Join Growing List of Firms Dumping Office Space” from The Wall Street Journal
          • “US 10-year Treasury yield hits highest level since January last year” from Financial Times
          • “PayPal launches crypto checkout service” from Reuters
          • “Visa moves to allow payment settlements using cryptocurrency” also from Reuters
          • “How America’s ‘First Female Cryptanalyst’ Cracked the Code of Nazi Spies in World War II—and Never Lived to See the Credit” from Time magazine
          • Finally, listen to Molly’s interview with Make Me Smart Question answerer Aniyia Williams.
          • 33 min
          • What if the pandemic had ended in June?

            With the end of the pandemic maybe (maybe!) in sight, Kai and Molly are contemplating what their work lives have gained and lost in the past year. If COVID-19 had been brought under control in three to six months, would a return to, say, commuting feel as scary? Plus: Now that the Ever Given has been dislodged from the Suez Canal, it’s time to talk about the economic conditions that landed us here.

            Here are links to everything we talked about today:

            • “Remote Work Is Here to Stay. Manhattan May Never Be the Same.” from the New York Times
            • istheboatstillstuck.com/
            • “What Can We Learn from a Big Boat Stuck in a Canal?” from Big by Matt Stoller
            • “Too big to sail? The debate over huge container ships” from Financial Times
            • “Mashhour is number 1!”
            • 14 min
            • Are you ready to go back to the office?

              Big Tech is. Facebook, Google and other companies armed with the data to look ahead on this pandemic are slowly but surely bringing employees back in. On today’s show, Molly and Kai contemplate sitting in traffic once again. Plus, we go “Half Full/Half Empty” on inflation, movie theaters, “Peepsi” and much more on this Friday grab-bag episode.

              Here are links to everything we talked about today:

              • “Europe warns hospitals at ‘breaking point’ as third Covid wave hits” from Financial Times
              • “America’s Obsession With Wipes Is Tearing Up Sewer Systems” from Bloomberg
              • “Startups Axios and the Athletic Discuss Merger, Consider SPAC Deal” from The Wall Street Journal
              • “Facebook sets reopening date for S.F., Bay Area offices, with no free food and no transit” from the San Francisco Chronicle
              • “WeWork agrees to go public through a SPAC deal with BowX Acquisition” from CNBC
              • “Big tech CEOs face lawmakers in House hearing on social media’s role in extremism, misinformation” from The Washington Post
              • “Amazon keeps trying to troll US Congress members in perplexing new PR strategy” from the Verge
              • “Prince Harry is now a chief impact officer. What does that actually mean?” from Marketplace
              • “Movie theaters reopen without their biggest moneymaker: snacks” from Marketplace
              • “Fed Chair: Rise in inflation not ‘particularly large’ from $1.9 trillion rescue package” from Marketplace
              • “The Suez Canal block could hit ‘downstream’ manufacturers the hardest” from Marketplace
              • “Ok, Sure, But Why Wasn’t It Named ‘Peepsi’” from Refinery29
              • More big boat content
              • Thanks to everyone who joined us for our live happy hour on YouTube today! We go live every Friday at 3:30 p.m. Pacific time/6:30 p.m. Eastern! Subscribe to our channel and sign up for notifications so you don’t miss it.

                26 min
              • Boats are taking the long way around the Suez Canal

                What can we say? Like many people, we simply can’t look away from the big honkin’ ship that’s stuck in the Suez Canal. Today, we’ll talk about the scale of that traffic jam, the many container ships that are resorting to taking the long way around Africa and Defector’s children’s book treatment of the story. Plus: Alan Turing on currency, the continued erosion of cash bail in California and some great news about our kids podcast “Million Bazillion.”

                Here’s everything we talked about today:

                • “Suez Canal blockage is delaying an estimated $400 million an hour in goods” from CNBC
                • Evergreen, the company who owns the ship blocking the canal, is now diverting its other barges
                • “California will expand vaccine eligibility to all adults April 15” from Politico
                • “An Asian woman, attacked in San Francisco, is donating nearly $1 million to fight racism” from the LA Times
                • “‘Gigantic momentous decision’: California Supreme Court shrinks role of cash bail in jailings” from the Mercury News
                • “‘The great lie at the heart of the criminal justice system‘” from Make Me Smart
                • “‘It captures so much of Turing’s work’: Bank of England unveils new £50 note” from the Guardian
                • “Oh No! Big Boat Is Stuck” from Defector
                • 16 min
                • NFTs are “monetized FOMO”

                  We already know the “what” of nonfungible tokens: They’re blockchain-backed digital media, bought and sold for a shocking amount of money while pumping an even more shocking amount of carbon into the atmosphere. What one of our listeners wants to know is the “why.” We’ll talk about it. Plus, listener questions about hot chicken, the national debt and the mess at the Suez Canal.

                  Here’s everything we talked about on the show today:

                  • “Suez Canal blocked by traffic jam after massive container ship runs aground” from CNN
                  • “Photos and maps show how an enormous container ship got stuck in the Suez Canal, blocking one of the world’s most vital shipping routes” from Insider
                  • “Why are people spending so much money on NFTs?” from Marketplace
                  • “NFTs Are a Pyramid Scheme and People Are Already Losing Money” from FStoppers
                  • “Mounting federal debt puts the U.S. at risk of a fiscal crisis, Congressional Budget Office warns.” from The New York Times
                  • “On the bright side, 2020 was the year of Nashville hot chicken sandwiches in O.C.” from the LA Times
                  • “LA’s lost hot chicken history” from Eater
                  • 16 min
                  • What’s the tax gap, and how do we close it?

                    New research shows that the top 1% of Americans underreport their income by more than 20%, and the government could raise trillions more over time by collecting on it. No hikes — just enforcing the tax code as it stands. On today’s show, we’re diving into the tax gap. Samantha Jacoby of the Center on Budget and Policy Priorities walks us through how the wealthiest Americans hide their money, the incentive structures that got us to this point and why 2021 is a great year to start addressing the problem.

                    Here are links to everything we talked about on the show today:

                    • “High-Income Tax Avoidance Far Larger Than Thought, New Paper Estimates” from The Wall Street Journal
                    • “How Biden Funds His Next Bill: Shrink the $7.5 Trillion Tax Gap” from former Make Me Smart guest Chye-Ching Huang in The New York Times
                    • “How to Collect $1.4 Trillion in Unpaid Taxes” from The New York Times editorial board
                    • “Biden Team Prepares $3 Trillion in New Spending for the Economy” from The New York Times
                    • “An Unusually Optimistic Conversation With Bernie Sanders” from The New York Times
                    • “The High Cost of Georgia’s Restrictive Voting Bills” from the New Yorker
                    • 27 min
                    • Vaccine supply and demand are about to flip

                      With 127 million “jabs” administered in America so far, and more manufacturers on their way to FDA approval, the market for vaccines is about to change very quickly. What happens to the holdouts? We’ll talk about it. But first, a bit of news on Facebook and online privacy. Plus a new tool to get out of your Zoom meetings.

                      Here’s everything we talked about today:

                      • “U.S. Supreme Court rebuffs Facebook appeal in user tracking lawsuit” from Reuters
                      • “The US is about to reach a surprise milestone: too many vaccines, not enough takers” from MIT Technology Review
                      • “Congress passes bill to allow VA to vaccinate all vets, spouses, caregivers” from Stars and Stripes
                      • “How Much Weight Did We Gain During Lockdowns? 2 Pounds a Month, Study Hints” from The New York Times
                      • “Zoom Escaper lets you sabotage your own meetings with audio problems, crying babies, and more” from The Verge
                      • 17 min

                      About Make Me Smart

                      From the publisher's feed

                      Each weekday, Marketplace’s Kimberly Adams makes today make sense along with her Marketplace colleagues, breaking down happenings in tech, the economy, and culture. Because none of us is as smart as…

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