Make Me Smart

Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year. Today we’re talking about food. Specifically, Big Food. In his book, “Barons: Money, Power, and the Corruption of America’s Food Industry,” Austin Frerick, agricultural and antitrust policy fellow at Yale, argues the food system is the most consolidated sector in the United States. On the show today, Frerick explains how the American food system became so concentrated, how that’s inflated prices and eroded quality, and what we should do about it. Plus, Walmart’s role as king of grocery kings. Then, we’ll get into why Boeing can’t keep up with SpaceX. And, an expert on youth mental health (and former guest on “Make Me Smart”) was wrong about how teens curate their social media feeds. Here’s everything else we talked about today: “Lax Antitrust Enforcement Imperils The Nation’s Supply Chains”“What Is “Big Ag,” and Why Should You Be Worried About Them?”“The problem with growing corporate concentration and power in the global food system”“Major retailers are offering summer deals to entice inflation-weary shoppers”“US Consumer Confidence Rises for First Time in Four Months”“Inflation now means high prices, not just rising costs”“What do Americans think about inflation?”“Boeing Prepared to Fly Crewed Space Taxi With Helium Leak” We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Hey Smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year. If you’ve been feeling hopeless about the news, the election, the economy, the climate crisis and everything else that’s going on, today’s episode is for you. Emily Amick, lawyer and co-author of “Democracy in Retrograde: How to Make Changes Big and Small in Our Country and in Our Lives,” argues we can all become better participants in our democracy. And we don’t need to have a gazillion dollars to do it. On the show today, Amick explains why we should treat civic engagement as self-care, how to find your civic personality and ways to cultivate a news diet that doesn’t put you in a doom loop. Plus, the moment she realized our democracy was headed in the wrong direction. Then, we’ll get into how voters in Utah fought to protect the power of citizen-led ballot initiatives and why shoppers hide purchases from their romantic partners. Plus, an anime cosplayer was wrong about what it would take to create her own costume. Here’s everything we talked about today: “Despite Recent Setbacks, There Is Still Hope For Democracy”“In ‘Democracy in Retrograde,’ Emily Amick Talks About Political Engagement and Her Cancer Diagnosis”“What does Utah’s redistricting ruling do to voters’ ability to change laws?”“Utah Supreme Court: Lawmakers must heed voter-passed gerrymandering reforms ““Amazon’s Prime Day a ‘major’ cause of worker injuries, Senate probe finds”“US Retail Sales Excluding Autos Rise by Most in Three Months”“Gym Bags, Trunks, Back Doors: How Stealth Shoppers Hide Purchases”“Financial Infidelity Report 2023: Why People Hide Purchases From Partners”“Inside a UPS warehouse that prioritizes super-fast shipping” How are you getting involved in civic life? What helps you fend off feelings of hopelessness? Let us know at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

For our final episode of 2024, we’re throwing a holiday party with music, festive hats, drinks and a game. But we can’t forget about the news. The incoming Donald Trump administration is looking into the feasibility of eliminating the Federal Deposit Insurance Corp. We’ll get into it. And, we’ll unpack the public rage over the United States healthcare system that dominated the news this week. Plus, how much do our hosts remember about the biggest business headlines of the year? Here’s everything we talked about today: “Trump Advisers Seek to Shrink or Eliminate Bank Regulators”Opinion | “UnitedHealth Group C.E.O.: Brian Thompson Was Never Content With the Status Quo”“UnitedHealth Limits Access to Key Treatment for Kids With Autism”“Boeing’s year of turbulence in five charts”“Why TikTok Faces a U.S. Ban, and What’s Next?”“CrowdStrike outage: We finally know what caused it – and how much it cost”“SpaceX Polaris Dawn astronauts perform historic 1st private spacewalk in orbit”“US ties China in Paris Olympics gold medal count after Americans’ women’s hoops win” We’ll be back with new episodes in 2025! In the meantime, you can email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

A group of lawmakers have introduced legislation that would break up health care conglomerates, aiming to rein in the power of pharmacy benefit managers. We’ll explain what PBMs do and why all sides of the health care industry are pointing fingers at one another over high costs. And, we’ll get into how the future of the Trump-era tax cuts could impact the federal deficit and why General Motors is ditching its robotaxi business. Plus, now’s your chance to talk with an AI Santa Claus. Here’s everything we talked about today: “Yellen Talks Russia Sanctions, Tariffs and Deficit”“Yellen says Trump’s tariffs could derail US inflation progress, raise costs”“Senators Warren and Hawley introduce a bipartisan bill to break up pharmacy-benefit managers”“Elizabeth Warren, Josh Hawley Co-Sponsor Bill to Break Up Giant Health Care Conglomerates”“What is a pharmacy benefit manager, anyway?”“GM to stop funding troubled Cruise autonomous vehicle unit, abandoning robotaxis”“GM to Shut Down Its Cruise Robotaxi Project”“OpenAI introduces ‘Santa Mode’ to ChatGPT for ho-ho-ho voice chats” Tomorrow is our last episode of the year! Join us for our annual holiday party on “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

Some states are trying to lure companies seeking to move their headquarters by offering a slew of financial perks. We’ll explain how these big relocations can impact local economies and the businesses themselves. And, the House of Representatives passed a defense bill that would restrict transgender medical care for children covered by the military’s health program. We’ll unpack how federal funding for health care can be used as a powerful political tool. Plus, do you dread winter? We’ll get into some tips for embracing the season. Here’s everything we talked about today: “Transgender Provision Injects Tension Into Defense Vote”“Will Democrats Let the GOP Gut Trans Health Care?”“Brace for a Nationwide Shuffle of Corporate Headquarters”“9 Ways to Embrace Winter — Even if You Think You Hate It”“New Jersey Politician Fakes Spotify Wrapped to Show All Springsteen Songs” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Before this year’s election, Heather Cox Richardson, a historian at Boston College, joined “Make Me Smart” live in Boston to unpack the high stakes for our economy and democracy. Now that the election is over and the transition to a second Donald Trump administration is underway, we’re following up. On the show today, Richardson weighs in on the election aftermath. She explains how the current media environment in the United States played into the election, how economic narratives have influenced American politics throughout history, and what the past can tell us about how President-elect Trump might brand his economic agenda while in office. Then, we’ll get into the bipartisan effort to add federal judges that’s suddenly falling apart. And, author Evan Schwartz was wrong about the inspiration behind L. Frank Baum’s “The Wonderful Wizard of Oz.” Here’s everything we talked about today: “December 9, 2024”“What Donald Trump’s Win Means for the Economy”Opinion: “Voters prefer Harris’s agenda to Trump’s — they just don’t realize it. Take our quiz.”“On Issue After Issue, Trump Promises the Moon. No Word on the Rocket.”“Biden special envoy for hostages is in Beirut in search of Austin Tice”“House sets up vote on bill to add dozens of new federal judgeships”“Ernst, Under MAGA Pressure, Signals Backing for Hegseth’s Pentagon Bid” Power the show with a donation today and don’t forget to pick up one of our thank you gifts at a discount. Head to marketplace.org/givesmart.

A person of interest in the killing of UnitedHealthcare Chief Executive Brian Thompson was arrested today. We’ll get into the public’s reaction to the killing and what it says about our for-profit health system. Plus, we discuss the largest intergenerational wealth transfer in U.S. history, which is projected to take place over the next 25 years. And, Dick Van Dyke has us smiling as he waltzes into his 99th birthday. Here’s everything we talked about today: “Live Updates: Police Identify ‘Strong Person of Interest’ in C.E.O.’s Killing” “Suspect in fatal shooting of UnitedHealthcare CEO Brian Thompson ID’d as Luigi Mangione, an ex-Ivy League student” “Manhunt for UnitedHealthcare CEO Killer Meets Unexpected Obstacle: Sympathy for the Gunman” “A $105 Trillion Inheritance Windfall Is On the Way for US Heirs” “Dick Van Dyke, Approaching 99, Dances in Coldplay’s Latest Video” “Biden says U.S. government believes Austin Tice is alive in Syria” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

NASA is pushing back its highly anticipated Artemis 2 mission from September 2025 to April 2026. It will be the first crewed mission to the moon since 1972. We’ll unpack NASA’s setbacks. Plus, momentum is building for a TikTok ban. And the hosts share their thoughts on the word of the year in a round of Half Full / Half Empty! Here’s everything we talked about today: “NASA delays Artemis 2 moon mission to 2026, Artemis 3 astronaut landing to mid-2027”“Trump Defends His Imperiled Pick for Defense Secretary, Pete Hegseth”“Appeals court upholds nationwide TikTok ban-or-sale law”“TikTok advertisers stay put after US appeals court upholds law forcing sale”“Bitcoin mining surge strains energy grids as miners make a fortune”“OpenAI is charging $200 a month for an exclusive version of its o1 ‘reasoning’ model”“50% off! Cyber Monday deal today only! (Kidding!)”“Dolly Parton launches search for actors to play her in a new Broadway musical”“‘Brain rot’ is the Oxford University Press word of the year” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

This year, Spotify’s popular Wrapped feature includes a podcast generated by artificial intelligence that tells users all about their individual listening habits from 2024. But it’s not perfect — at least not yet. We’ll get into it. And, we’ll explain how Amazon is getting into the AI chip game and what Federal Reserve Chair Jerome Powell anticipates from a second Trump administration. Plus, why talks for a global treaty to manage plastic pollution were a bust. Here’s everything we talked about today: “Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders”“Amazon Announces Supercomputer, New Server Powered by Homegrown AI Chips”“Powell: Fed’s independence from politics is vital to its interest rate decisions”“In a 2nd Trump term, Fed independence would go “out the window,” economist says”“Climate activist calls for plastic treaty after UN summit failure”“Nations Fail to Reach an Agreement on Plastic Pollution”“Spotify Wrapped 2024 adds an AI podcast powered by Google’s NotebookLM” Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

President Joe Biden today announced an additional $600 million investment in a rail project that will connect multiple African countries. It will expand U.S. access to important minerals like cobalt and copper. But will it be enough to counter China’s dominance over the critical minerals supply chain? We’ll get into it. Plus, why President-elect Donald Trump’s trade adviser pick is giving us serious deja vu. And, Dylan Bachelet, the “Jack Sparrow” of “The Great British Baking Show,” is making us smile. Here’s everything we talked about today: “Biden in Africa pledges millions more for a rail project the US hopes will boost its influence there”“Biden Hopes Train Project in Angola Defines Africa Legacy”“Trump picks Peter Navarro as top trade advisor”“Q&A With Dylan Bachelet of ‘Great British Baking Show’” If you haven’t made your gift to “Make Me Smart” yet, there’s still time! Make your donation here.

Billionaire families contributed roughly 18% of all money raised during the 2024 election cycle. And many of those mega donors are being tapped for high-level positions in the incoming Donald Trump administration. This begs the question: Is the U.S. government controlled by the ultra rich? David Sirota, founder and editor in chief of The Lever, said he believes the U.S. resembles an oligarchy. On the show today, Sirota explains how the erosion of campaign finance regulations has created a culture in which big money in politics is normalized. Then, we’ll get into China’s latest move in the ongoing chip trade war with the United States. Plus, what’s the correct way to pronounce “pecan”? Here’s everything we talked about today: “Election 2024: How Billionaire Avengers Destroyed Democracy”“What’s different about billionaire donor Elon Musk’s relationship with Trump”“How billionaires are influencing the 2024 U.S. election”“Battle of the billionaires: the mega rich spending to swing the US election”“Remember that study saying America is an oligarchy? 3 rebuttals say it’s wrong.”“China bans export of critical minerals to US as trade tensions escalate”“SpaceX Weighs Tender Offer Raising Valuation to $350 Billion”“​​Yes We Pecan, with Martha Stewart” It’s Giving Tuesday! Your donation will be matched today when you support Marketplace.

Nine of the Federal Reserve’s 12 reserve banks are on the Mississippi River or east of it. One former Fed official says it’s caused the central bank to disproportionately reflect the interests of the eastern United States. We’ll get into it. And, we’ll unpack how some businesses are pushing consumers to shop now in anticipation of potential tariffs under the incoming Donald Trump administration. Plus, we’ll smile about one runner’s 700-mile quest to create art on the GPS-tracking app Strava. Here’s everything we talked about today: “The Fed tilts toward the eastern U.S. It’s time to change that.” [gift link]“Now is the time to prepare for tariffs”“Tariffs and you: What products will cost more, when prices will rise, and what to buy now”“Buy Now Before Tariffs Hit, Retailers Are Telling Shoppers”“Man ran 700 miles to make ‘insanely impressive’ art on GPS fitness app” [gift link]“Why not enlist an army of volunteer retirees?”“Do Your Passwords Meet the Proposed New Federal Guidelines?” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

As many Americans prepare to celebrate Thanksgiving with their friends and families, gratitude is top of mind. We’ll break down research that shows how individual acts of kindness and connection can have large-scale impact. And, we’ll discuss a poignant firsthand account of an award-winning journalist experiencing homelessness. Plus, we’ll get into why the Justice Department isn’t satisfied with the National Association of Realtors commission lawsuit settlement, and why parking lots will be the new hot spot for solar energy in France. Here’s everything we talked about today: “‘The DOJ is coming for NAR’: What’s next after the $418M settlement?”“The Invisible Man”“An upward spiral – how small acts of kindness and connection really can change the world, according to psychology research”“Solar installations are now mandatory for large parking lots in France” Let us know what you’re thankful for. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

This week, Black Friday kicks off the traditional holiday shopping season. But have you ever wondered about the origins of the shopping frenzy on the day after Thanksgiving? The little ones in your life may be wondering about that too. Today, we’re bringing you a special crossover episode from the latest season of Marketplace kids podcast “Million Bazillion.” Bridget and Ryan team up with the hosts of “Forever Ago” to explain Black Friday and what it has to do with a football game in Philadelphia. Plus, they share tips on how to shop smarter during the holiday season. We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Negotiators at the 2024 United Nations Climate Change Conference, or COP29, agreed on wealthy nations providing up to $300 billion a year to help poorer countries deal with the effects of climate change. We discuss the deal falling short of the $1.3 trillion poorer countries asked for. Then, we talk about how Tesla’s pollution violations could weaken the company’s eco-friendly image. And, we look at the costly Arizona program heralded by school choice advocates as a taxpayer-supported way to opt out of public schools. Plus, U.S. farm groups are preparing for possible mass deportations under the incoming Trump administration. Finally, we’ll smile at an A.I.-generated granny as an unlikely hero to combat phone scams. Here’s everything we talked about today: “As Musk Assumes Deregulation Role, Tesla Racks Up Pollution Violations”“Developing nations blast $300 billion COP29 climate deal as insufficient”“No-Limit Vouchers Are Blowing Up Arizona’s Budget. This Woman Is Leading the Way”“US farm groups want Trump to spare their workers from deportation”“An A.I. Granny Is Phone Scammers’ Worst Nightmare”“Giving thanks may make your brain more altruistic”“The Case for Being Ungrateful” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The National Women’s Soccer League is in the final stages of adding its 16th team. We’ll explain what it can tell us about the rise of the women’s sports industry. And, the Supreme Court will review the funding model of a federal program that subsidizes internet and phone services in low-income areas of the country. Plus, we’ll weigh in on condiments and pie during a Thanksgiving-themed game of This or That! Here’s everything we talked about today: “NWSL expansion: Cincinnati, Cleveland, Denver final options”“Denver named finalist for National Women’s Soccer League expansion team alongside Cincinnati, Cleveland”“Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a Decade”“Supreme Court steps into fight over FCC’s $8 billion subsidies for internet and phone services”“Supreme Court takes up dispute over FCC fund that subsidizes telecom services in rural areas” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

President-elect Donald Trump tapped Cantor Fitzgerald CEO Howard Lutnick as his choice for Secretary of Commerce this week. We’ll get into why the role could be critical to the incoming Trump administration, which has vowed to enact sweeping tariffs. Then, we’ll explain why earnings at big-box retailers like Target and Walmart have been mixed ahead of the holiday season, and how the Justice Department wants to shakeup Google’s monopoly over the online search market. Plus, why is Bitcoin on a record-breaking streak? Here’s everything we talked about today: “Trump picks Lutnick to be Commerce secretary”“Who will lead the Commerce Department?”“Target’s Stock Plunges 21% on Weak Sales Ahead of Holiday Season”“A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter” “DOJ says Google must sell Chrome to crack open its search monopoly”“Bitcoin hits fresh record, marches toward $100,000 as rally continues” Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

Comcast said it plans to turn its cable networks, including CNBC and MSNBC, into a new, separate company. We’ll get into why it could be a sign of what’s to come in the media industry. And, the Joe Biden administration is shifting into overdrive trying to spend money intended to boost microchip manufacturing before President-elect Donald Trump returns to office. Plus, we’ll smile about breakthroughs in automatic braking technology and a new version of chess that’s pushing the game forward. Here’s everything we talked about today: “Comcast to Spin Off MSNBC, CNBC and Other Cable Networks”“It’s Official! Comcast To Spin Off Cable Networks, Sees New Standalone Company A ‘Partner And Acquirer’ Of Media Assets”“Raimondo’s new mission: Leave no cash for Trump”“Automatic Braking Systems Save Lives. Now They’ll Need to Work at 62 MPH”“The Greatest Chess Player of All Time Is Bored With Chess” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Today we’re talking about American exceptionalism: the idea that the United States is a uniquely virtuous nation and a “shining city on a hill.” It’s a belief that’s long shaped how the U.S. acts on the global stage and how Americans see themselves, the economy and democracy. In the aftermath of the U.S. presidential election, many Americans are questioning the idea of exceptionalism. Journalist Suzy Hansen challenges the notion of American exceptionalism in her book “Notes on a Foreign Country: An American Abroad in a Post-American World.” On the show today, she explains where the idea of American exceptionalism comes from, how it has shaped today’s world, and why many Americans are disillusioned with it. Plus, is a new version of national pride the answer to the pitfalls of American exceptionalism? Then, we’ll get into the creative ways the European Union is preparing for President-elect Donald Trump’s promised tariffs. Plus, perspectives from an American abroad and thoughts on mandatory national service. Here’s everything we talked about today: “Unlearning the myth of American innocence”“Opinion | Is America a City on a Hill or a Nation on the Precipice?”“The End of American Exceptionalism: Trump’s Reelection Will Redefine U.S. Power”“American Exceptionalism Is a Dangerous Myth”“The US is leaving millions behind: American exceptionalism needs to change by 2030”“Democrats look at late-night, weekend votes to confirm last Biden judicial nominees”“Locked and loaded? The EU weapons to fight Trump’s trade war.”“Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Some critics of President-elect Donald Trump are preparing for the possibility of being prosecuted when he takes office. We’ll discuss Trump’s “retribution” agenda. Then, we’ll get into his pick to lead the Federal Communications Commission. Plus, what a meeting between “Morning Joe” hosts and Trump represents about access to information during the next administration. And, we’ll smile at the woman behind the curtain who inspired the “Wicked” lore. Here’s everything we talked about today: “Morning Joe’ Hosts Reveal Meeting With Trump at Mar-a-Lago”“Brendan Carr wrote the FCC chapter in ‘Project 2025.’ Now he’s Trump’s pick for the agency”“DoJ and FBI officials consult lawyers amid threats of Trump legal retribution | Trump administration”“Go bags, passports, foreign assets: Preparing to be a target of Trump’s revenge”“The Feminist Who Inspired the Witches of Oz” We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.