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Marketplace

The cost of living (in Shanghai)

Jul 17, 2019

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David Brancaccio

Host and Senior Editor, Marketplace Morning Report

SHORT BIO

I’ve anchored and reported for Marketplace since 1989 from bases in London, Los Angeles and New York. Multimedia journalism’s my thing — been doing radio since I was a little boy. I write, love cameras and audio/video editing and have anchored television. I grew up in a small town in Maine but have attended schools in Italy, Madagascar and Ghana.

What was your first job?

DJ and newsman on WTVL AM/FM, Waterville, Maine.

What do you think is the hardest part of your job that no one knows?

Making each and every one fit. “Marketplace Morning Report” has to end at 58 minutes and 58 seconds past each hour; no more, no less.

What advice do you wish someone had given you before you started this career?

Find your own voice in your on-air style and in your writing.

In your next life, what would your career be?

Astronaut. They say a key qualification for the Mars mission are folks who can fix things on the fly. I'm good at MacGyvering.

Fill in the blank: Money can’t buy you happiness, but it can buy you ______.

A McIntosh audiophile-grade stereo amplifier. No, not spelled the same as the computer. They always were too expensive for me, and now they're even more expensive.

What is something that everyone should own, no matter how much it costs?

For those who shave, a shaving brush.  And kitchen scissors. Really. It'll change your life.

What’s something that you thought you knew but later found out you were wrong about?

I thought people work in their own best interests. They don't. They use up resources until they hurt themselves. "Tragedy of the commons," economists call it.

What’s your most memorable Marketplace moment?

Live on the air, I slipped and swapped an "f" for a "p" in some copy and looked up to see an empty control room. They were all on the floor laughing at my expense.

What’s the favorite item in your workspace and why?

Besides the photo of my family, there is a 4" diameter, 4-foot-tall model rocket in the Marketplace Morning Report colors I built. It's flown to 4,000 feet.

Latest Stories from David (2,051)

Death, theft ... and the quest for the world's most coveted fungus

by David Brancaccio Jun 28, 2019
"I think the best analogy is probably sex or drugs," is how author Ryan Jacobs describes the allure of the truffle.
An inspector approved by the regional federation of truffle harvesters smells a black truffles (tuber melanosporum), on December 23, 2018, during an inspection at a truffle market in Rognes, southeastern France.
GERARD JULIEN/AFP/Getty Images
Trade showdown

India hits back at U.S. over steel tariffs

by David Brancaccio and Anu Anand Jun 17, 2019
India hit the U.S. with some retaliatory tariffs of its own, a response to U.S. steel and aluminium penalties levied on many countries.
An Indian worker unpacks steel coils unloaded from an Indian Railways train at a new private freight terminal in Sachana village near Viramgam, some 50 kms from Ahmedabad on January 27, 2016.
SAM PANTHAKY/AFP/Getty Images
Ask A Manager

Can talking about salaries reduce the wage gap?

by David Brancaccio Jun 7, 2019
According to Alison Green, the answer is yes. Even if those conversations sometimes prove tricky to navigate.
Elevated view of staff working in a busy open plan office

Automation's gender divide

by David Brancaccio Jun 5, 2019
While both men and women have essentially the same odds of automation taking their jobs, women could face a tougher transition to new jobs.
A pharmacy technician prepares prescriptions for packaging and shipping after being filled on an automated line at the central pharmacy of Intermountain Heathcare in 2018 in Midvale, Utah.
George Frey/Getty Images

Why economist Joseph Stiglitz is advocating for "progressive capitalism"

by Sasa Woodruff and David Brancaccio May 30, 2019
Stiglitz discusses the themes and recommendations contained in his latest book: People, Power, and Profits: Progressive Capitalism for an Age of Discontent.
Nobel prize-winning US economist Joseph Stiglitz listens during the opening session of the 6th edition of the "Entretiens du Tresor" seminar at the Economy Ministry in Paris on January 31, 2017.
ERIC PIERMONT/AFP/Getty Images
Brains and Losses

Brains and Losses: Part VI

by David Brancaccio, Sasa Woodruff, Eliza Mills, and Daniel Shin May 24, 2019
Scammers are not always a faceless voice on the phone.
Rose Conlon/Marketplace
Brains and Losses

Brains and Losses: Part V

by David Brancaccio, Sasa Woodruff, Eliza Mills, and Daniel Shin May 23, 2019
Suspicious or unusual bank activity can often signal a scam; but should a teller be able to monitor a long-time account holder’s ledger activity to flag a possible scam?
Rose Conlon/Marketplace
Brains and Losses

Brains and Losses: Part IV

by David Brancaccio, Sasa Woodruff, Eliza Mills, and Daniel Shin May 22, 2019
Financial scammers are part of coordinated efforts to target victims. The Federal Trade Commission took in more than a half a million complaints of imposter scams alone in 2018. But finding and convicting perpetrators is rare. Marketplace Morning Report’s David…
Rose Conlon/Marketplace
Brains and Losses

Brains and Losses: Part III

by David Brancaccio, Sasa Woodruff, Eliza Mills, and Daniel Shin May 21, 2019
What changes to the brain might make a person more vulnerable to financial scams?
Rose Conlon/Marketplace
Brains and Losses

Brains and Losses: Part II

by David Brancaccio, Sasa Woodruff, Eliza Mills, and Daniel Shin May 20, 2019
What happens when you're scammed out of almost $200,000?
Rose Conlon/Marketplace