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Planet Money: This is what it’s like to host the Super Bowl: For one weekend, your city is the focus of the sporting universe. Fans flock in droves. They eat at your restaurants and sleep in your hotels. They buy the “I ♥ [your city]” t-shirts.
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Planet Money talk sto a guy named Lord Wolfson of Aspley Guise. He’s a British CEO, and he’s offering a $400,000 prize to the person who comes up with the best plan for countries to leave the euro.
Also: The story of another European currency union that fell apart a century ago, and the lessons it holds for the euro.
Let me know what you, post your comments.
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European governments have turned their eyes skyward looking for a hero to save them from financial collapse. But the signal they’ve sent into the skies over Europe is not the shape of a bat, it’s the initials E-C-B, the European Central Bank.
On today’s podcast, we’ll tell you about the ECB’s super powers and explain why they are so reluctant to use them.
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Gary Loveman used to be an economics professor at Harvard Business School. He studied things like the development of the private sector in Poland.
Now he runs Ceasars Entertainment Corporation, a giant gambling company. But he still thinks like an academic. He likes to say there are three things that can get you fired from Caesars: Stealing, sexual harassment and running an experiment without a control group.
On today’s show, he tells us how he got from Harvard to Caesars, and explains the surprising results of some of his real-world experiments.
Listen to Podcast: Why Gold: A chemist explains
The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.
Why gold? Why not osmium, lithium, or ruthenium?