Planet Money Summer School is back! It's the free economics class you can take from anywhere... for everyone!
This season, we help you understand the decisions behind investing. We revisit classic Planet Money episodes to learn the financial lessons hidden inside. And we consult with some world class professors. We learn what a stock is, how stocks are priced, and begin to see the psychological forces that make prices move up and down on the stock market.
For the first day of school, we find out where stock prices come from. Are prices determined by the wisdom of crowds, or is it more like a beauty contest? The answer involves two iconic figures in economics — John Maynard Keynes and a cow named Penelope.
Vocab words:
- Wisdom of the Crowds
- Keynesian Beauty Contest
- Slow Loris
Music: "Lost Situation," "Heavy Load," "Disco Dollies," "Diamonds and Pearls," "Frothy Coffee," and "Space Oyster."
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Subscribe to our show on Apple Podcasts, Pocket Casts and NPR One.
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"Market" - Google News
July 29, 2021 at 06:11AM
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Stock Market Newbies, This Guide Is For You : Planet Money - NPR
"Market" - Google News
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