Marketplace for Wednesday, November 16, 2011
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On today's show, Freakonomics Radio's Stephen Dubner discussed the hidden side of Thanksgiving dinner. We contemplated the possibility of a eurozone breakup. The price of oil is skyrocketing. Robert Reich argued a healthy economy is not about re-distributing wealth. And NBA players have filed an anti-trust lawsuit.
Posted In: European Central Bank, ECB
The U.S. central bank, known as the Federal Reserve, is the lender of last resort. Its bond-buying orgy bailed out banks during the financial crisis and rescued the economy. But its European equivalent has neither the ability not the will to do the same for the eurozone.
Posted In: Supercommittee, Joint Deficit Reduction Committee
One idea of President Obama's that both parties have taken up is that government has to live within its means, just like families do. But the economics of a government are very different from those of a family.
Posted In: turkey, Thanksgiving
Freakonomics Radio's Stephen Dubner discusses why the turkey industry is built around artificial insemination.
Johnson & Johnson announced today it's going to start removing two toxic chemicals from its popular baby shampoo.
Posted In: If the 1 percent had less would the 99 percent be better off?
Join us for a week long commentary series asking that question. We'll hear from economists, academics, and the public.