Recently, a friend of mine introduced me to a podcast produced by National Public Radio called Planet Money. If you're looking for in-depth technical economic analysis, this is not the podcast for you. What Planet Money does offer is a very accessible discussion of economics, finance and its impact on society. The podcast is great for regular folk who are all-of-a-sudden asking some very pointed questions about the state of our financial system and how it will impact their lives.
Recent topics have covered: The impact of consumer confidence on the economy; why deflation is more dangerous than inflation; how the economic incentives of America's suburban population impacted the outcome of last Tuesday's election.
Their most recent broadcast is a fascinating piece on the very real impact of the credit crunch on "Main St:" a schoolboard in Wisconsin, attempting to build a fund to pay for staff pensions and health care, invested $200 million of borrowed money into financial instruments which have since lost over 90% of their value. Have yourself a listen.
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