Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW
Marketplace for Monday, June 10, 2013
Jun 10, 2013

Marketplace for Monday, June 10, 2013

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Can we really afford all the things we're buying? We explore the consumer economy in our new series "Consumed." First up: how we're pushing our kids to get ahead in the consumer arms race. Plus, Google is buying crowd-traffic-mapping app Waze. In light of the whole PRISM deal, how does voluntary data compare? Also, business bankruptcies are way down.  We take a look at who is still going bankrupt and why.

Segments From this episode

A Saturday shopping trip leads to some big questions

Jun 10, 2013
A Saturday shopping trip started out fairly innocently... and ended with some big questions about our consumer economy and whether it is sustainable long-term.

For middle-class parents, raising children becomes a consumer arms race

Jun 10, 2013
Trying to give your children an advantage in growing up makes consuming a competition. When everyone has a tutor, a trainer or a special baseball bat, you can't help but keep up.

'1984' moves up Amazon best-sellers list

Jun 10, 2013
Concerns over Orwellian surveillance and Big Brother provides a literary boost.

How Adam Smith's economic philosophies apply in today's world

Jun 10, 2013
Most people remember the idea of the free market's "invisible hand," but it turns out, Adam Smith had a lot to say about consumers, too.

Why PRISM is powered by private-sector technology

Jun 10, 2013
The government began using the so-called “Hadoop” software for data collection, even after launching a $16 billion project to come up with its own way to manage 'big data.'

Waze: A volunteered, social sort of surveillance?

Jun 10, 2013
Google scoops up the crowd-sourced social mapping app, where users volunteer their location and traffic details. How does volunteer surveillance data compare to the PRISM/NSA variety?

What kinds of businesses go bankrupt these days?

Jun 10, 2013
Business bankruptcies are down overall, but companies still make mistakes. And some entire industries are in trouble.

Can we really afford all the things we’re buying? We explore the consumer economy in our new series “Consumed.” First up: how we’re pushing our kids to get ahead in the consumer arms race. Plus, Google is buying crowd-traffic-mapping app Waze. In light of the whole PRISM deal, how does voluntary data compare? Also, business bankruptcies are way down.  We take a look at who is still going bankrupt and why.

Music from the episode

Mansard Roof Vampire Weekend
Mansard Roof Vampire Weekend
Brother Down Sam Roberts Band
Brother Down Sam Roberts Band