NPR: Planet Money Podcast

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Money makes the world go around, faster and faster every day. On NPR's Planet Money, you'll meet high rollers, brainy economists and regular folks -- all trying to make sense of our rapidly changing global economy.

NPR: Planet Money Podcast navigateright Episode

#104 Planet Money: The Riddle of Minimum Wage

On today's Planet Money:

You've got economic riddles, and economists have answers.

First up, Emily Oster of the University of Chicago Booth School of Business tackles the question about minimum wage. Why is that cities that have raised their minimum wages so often have lower rates of joblessness and healthier economies?

Second, Robert Frank of Cornell wrestles with the question of why software companies set such widely varying prices for essentially the same software.