Economy & Business

Planet Money
8:56 am
Sun October 13, 2013

Models, Rules And High School Dropouts: A Guide To The Economics Nobel

The Nobel Foundation

Originally published on Sun October 13, 2013 2:27 pm

While a few gamblers bet real money on potential Nobel Prize winners, at Planet Money we're content to merely speculate. We're particularly interested in who might win the economics prize, which will be announced Monday morning.

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The Salt
4:38 am
Sun October 13, 2013

(Cabbage) Heads Will Roll: How To Make A Food Network 'From Scratch'

According to journalist Allen Salkin, Emeril Lagasse initially opposed bringing Rachael Ray, pictured here in 2007, onto the Food Network – and, at first, Ray agreed with him. "You have this all wrong," she told executives, "I'm beer in a bottle; you guys are champagne."
Scott Gries Getty Images

Originally published on Sun October 13, 2013 7:47 am

Mario Batali, Guy Fieri and Rachael Ray are just a few of the stars the Food Network helped create. But what the network gave, it could also take away.

In From Scratch, author Allen Salkin takes an unsparing look at the network's progression from struggling cable startup to global powerhouse, and the people — Emeril Lagasse, Paula Deen — who rose and fell along the way.

Salkin tells NPR's Rachel Martin that while the network was intended for cooks, it wasn't run by them.

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Economy
4:07 pm
Sat October 12, 2013

How Washington Looks From A Global Financial Perspective

Zanny Minton Beddoes, the economics editor for The Economist, argues that the stalled budget negotiations and the government shutdown have already harmed U.S. standing in the world. She explains her position to host Arun Rath.

The Two-Way
3:25 pm
Sat October 12, 2013

North Dakota's Delay In Reporting Oil Spill Raises Questions

Cleanup went on Friday at the site of an oil pipeline leak and spill north of Tioga, N.D. Officials took nearly two weeks to tell the public about the break in a Tesoro Corp. pipeline.
Kevin Cederstrom AP

The handling of an oil spill in North Dakota is raising questions, after a state agency waited to tell the public it had taken place. A wheat farmer was the first to recognize the spill had happened; it became public knowledge nearly two weeks later.

Here's how the AP describes the spill's discovery:

"Farmer Steve Jensen says he smelled the crude for days before the tires on his combines were coated in it. At the apparent break in the Tesoro Corp.'s underground pipeline, the oil was 'spewing and bubbling 6 inches high,' he said in a telephone interview Thursday."

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Economy
6:36 am
Sat October 12, 2013

To The Debt Limit And Beyond

Originally published on Sat October 12, 2013 7:05 am

Will the bottom fall out of the economy on Oct. 17 if Congress refuses to raise the debt ceiling? New York Times columnist Joe Nocera talks to Weekend Edition Sunday host Scott Simon about what the extended government shutdown and the debt limit could mean for our economy.

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