Oh my, I'd missed that:

"Two behavioral scientists who study honesty accused of using falsified data"

https://www.npr.org/transcripts/1190568472

Amazing :masto_lol:

#behavior #behaviouralScience #fraud #data #planetMoney #DanAriely #psychology #FrancescaGino #nudge #HarvardBusinessSchool #honesty #insurance #taxes #guatemala #dmv #DataColada

@alexcox This week, there's a good #NPR #PlanetMoney story about why Americans get so little vacation time compared to similarly rich countries... https://www.npr.org/2023/08/17/1194467863/europe-vacation-holiday-paid-time-off

Fun Planet Money episode: Fabricated data in research about honesty. You can't make this stuff up. Or, can you?

I think it's hilarious that ppl suspected data manipulation bc there were 2 diff fonts in the excel table. Note to self: Format table uniformly when fabricating data

#CalibriVsCambria
#PlanetMoney

https://www.npr.org/2023/07/27/1190568472/dan-ariely-francesca-gino-harvard-dishonesty-fabricated-data

I was listening to an #NPR #planetmoney episode the other day, talking about how much some new big infrastructure projects cost. For example, a single station on the new subway line in New York cost $800M. They broke down the numbers, and a lot of that cost was essentially having to work around the requirements of society.

There were things like making sure the station was fully accessible (lifts, wide concourses, no ramps or stairs to access things, toilets) - which we do actually want. But then there were the costs of not disturbing the neighbours - e.g. instead of simply digging up a street for a block to put the station in, they had to dig down from the sides and do all the work underground. Extra measures had to be taken to not produce extra noise or disrupt traffic - all basically dealing with the NIMBY attitude that says "I want to have the good thing, but I don't want to have to give up anything before or after I get it".

Now, I agree that it's nice when a project can go ahead without disturbing people. But when that comes at an additional cost, I think that kind of needs to be displayed. If it costs $200M more to construct the station using tunnelling vs digging up the road, then maybe it might simply be cheaper to pay the businesses and people around that street as a 'thank you for your patience' payment. I suspect a few good donations and public works in the area might be cheaper than appeasing the locals. It's easy to say this when you don't live there, of course, but I think it's a question we should ask - how much inconvenience are we prepared to tolerate if we get an overall benefit later.

The other main cost the programme talked about was in the complicated way these projects get built. The state rail company had no architects or engineers or project managers, they had to contract all of that out. There was one city councillor who basically project managed the whole thing because bits of it would get stuck - the state department wouldn't talk to the state rail corp, or the city wouldn't talk to the engineers, or whatever. It doesn't have to be that way. Too many people see their roles as preventing bad things from happening - so they prevent anything from happening.

How Big Corporations Stifle Innovation.

https://www.npr.org/2023/06/14/1182157986/the-economics-of-innovation

#News #Economics #Invention #Innovation #NPR #PlanetMoney #Bureaucracy #Organizations

Screw #Netflix anyway. Real love is sharing a #PlanetMoney Plus #RSS feed URL.

#NPR

@webbureaucrat yes that knock-knock joke was funny! unintentionally so, I suppose, since ChatGPT has no intention. The AI-written episode was bad enough that I wouldn’t subscribe to a podcast with that level of writing. The moment in part 2 where the interviewee complimented the podcasters on the question that was better than an AI would have written, not knowing that it was, was peak surrealism. Quite interesting. #planetmoney

In Part III, it wrote a knock-knock joke, and I had to pause the episode for laughing so hard. #PlanetMoney

Okay I know we're full up of #AI stuff but if you have any apetite left at all for the uncanny valley, you gotta listen to this three part series on AI from #PlanetMoney. https://pca.st/episode/eebe78b0-d7a2-4fd7-8d38-c2deb6b7aadd

Thousands of miles of undersea data cables connect the global economy : The #Indicator from Planet Money : #NPR

#Internet #PlanetMoney

https://www.npr.org/2023/04/05/1168230334/inside-the-underwater-cables-powering-the-economy

@timkmak Would love to see the #PlanetMoney crew come over

This Planet Money episode from NPR answered a question I asked myself two weeks ago when banks were under pressure. Also, I liked the surprise appearance from Yesha Yadav of my alma mater, Vandy Law, towards the end!

#PlanetMoney #NPR #YeshaYadav #VULS

https://www.npr.org/2023/03/27/1166253074/discount-window-federal-reserve-silicon-valley-bank

It's a pretty good song.

https://www.npr.org/sections/money/2022/10/29/1131927591/inflation-song-music-label-earnest-jackson

#planetmoney

Sehr guter Beitrag über die #svb - es geht auch um grundlegende Risiken im Bankenwesen und Regulierung.

#PlanetMoney

https://www.npr.org/2023/03/13/1163155347/svb-silicon-valley-bank-collapse-bailout-failure

Planet Money's "Anatomy of a Bank Takeover" (2009) might be worthwhile reading / listening right now. It's an on-the-ground account of an FDIC takeover of a failed Washington State bank.

https://www.npr.org/2009/03/26/102384657/anatomy-of-a-bank-takeover

#PlanetMoney #SiliconValleyBank #SVB

#PlanetMoney played the closing credits from #MarioWorld for #Mar10

Planet Money is spotty but every once in a while they have an insightful episode on how the socioeconomic system we've created impacts ordinary people. This is one such.

https://www.npr.org/2023/03/08/1161994484/marketplace-broken-teeth-economic-effect

#PlanetMoney #podcast #healthcare

One of the Adulting tasks I did this weekend was to check on escheatment. If you are asking "what on earth is that?" then go listen to the #PlanetMoney episode https://www.npr.org/2020/01/24/799345159/episode-967-escheat-show . Turns out the state of Illinois had about $650 which I am now in the process of claiming.

TikTok: "I wonder if we can find someplace even less trustworthy than China to put all our our data... Oh, I've got an idea!"

https://www.npr.org/2023/02/22/1158896041/is-project-texas-enough-to-save-tiktok
#PlanetMoney

Uh……… 😰 @overcastfm What happened?? #planetmoney #npr