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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.
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.
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?