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Feb 15, 2012

Marketplace for Wednesday, February 15, 2012

“Linsanity” is everywhere. What is the economic impact of Jeremy Lin off the court? Kellogg’s is buying Pringles from Procter & Gamble for $2.7 billion. Lawmakers agree to extend benefits for the long-term unemployed, but commentator Betsey Stevenson says more unemployment assistance is merely a band-aid. Kai Ryssdal talks to David Wolman, author of “The End of Money,” about why getting rid of physical cash makes economic sense.

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Segments From This Episode

Linsanity sweeps America
by Sally Herships
The newfound popularity of New York Knicks player Jeremy Lin boosts business for basketball.
Greece: Where’s the money?
Many Greek citizens say they cannot bear any more austerity. Some are wondering what happened to all the money they borrowed in the first place.
Congress extends unemployment benefits
by Betsey Stevenson
But commentator Betsey Stevenson says they're only just masking the need to reform how we help the unemployed.
The problem with cash
by Kai Ryssdal
In his new book, "The End of Money," David Wolman explains why he advocates for the elimination of cash.
Key French bank slashes its Greek debt
by John Dimsdale
BNP Paribas, France’s largest bank, cut the value of its Greek debt by 75 percent. Markets were fine. Does that offer a glimmer of hope in the crisis?
Kellogg’s snacks on Pringles
by Amy Scott
The cereal giant will pay $2.7 billion for the chips in the cardboard tube. Pringles gives Kellogg's a bigger stake in the after-breakfast market. But why such a high price?
Why the FCC halted LightSquared’s wireless network plan
by Kai Ryssdal
Federal officials have nixed a plan by broadband company LightSquared to build a national wireless network. Politico's Eliza Krigman explains why and discusses what happens next.
FCC revises Do Not Call rules
by Kai Ryssdal
The Federal Communications Commission passed new rules today to make it even tougher for telemarketers to make those unsolicited "robocalls." And lesson of the day: Don't call Kai during our live broadcast.

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Marketplace for Wednesday, February 15, 2012

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Segments From This Episode

Music from the episode