Episode summary: Send us a text The make-or-buy decision is a fundamental aspect of economics that applies to businesses, households, and nations, with the U.S. penny providing a fascinating case study in economic inefficiency. • It costs 2.72 cents to manufacture one penny, representing a loss of 1...

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Episode summary: Melvyn Bragg and guests discuss the life and role of one of the most significant figures in early 20th Century German history. Paul von Hindenburg (1847-1934) had been famous since 1914 as the victorious commander at the Battle of Tannenberg against Russian invaders, soon burnishing...

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Episode summary: Forget the museums—try a McDonald’s instead

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Episode summary: Send us a text How should we decide which political-economic systems are best for organizing society? Let’s peer through the lens of the “Pretty Pig Problem,” which highlights the flaws in comparing the actual implementation of systems we dislike with idealized versions of systems w...

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Episode summary: YouTube’s most unique gaming commentator can teach us a lot about the beauty of everyday infrastructure

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Episode summary: Shirley Collins, folk singer

Episode summary: The number of satellites orbiting our planet has been rapidly increasing in recent years. But what are the risks when they start falling back down to earth?The European Space agency estimate that by 2030 there will be 100,000 satellites in orbit. We look at whether that estimate is...

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Episode summary: In 1710, the British Parliament passed a piece of legislation entitled An Act for the Encouragement of Learning. It became known as the Statute of Anne, and it was the world’s first copyright law. Copyright protects and regulates a piece of work - whether that’s a book, a painting,...

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Episode summary: Send us a text Transaction costs are the friction in the gears of society, but the worst transaction costs are the ones that reflect government failure. You can see it in ever cliche about government, from the dreaded DMV lines to the passport control bottleneck. Drawing on Milton F...

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Episode summary: Announcing The 99% Invisible Breakdown: The Constitution and the return of What Trump Can Teach Us About Con Law.