Should America Be Run by … Trader Joe’s? (Update)
21 March - 48 minsThe quirky little grocery chain with California roots and German ownership has a lot to teach all of us about choice architecture, efficiency, frugality, collaboration, and team spirit.
SOURCES:Kirk DesErmia, facilities manager in Seward, Alaska.Mark Gardiner, journalist and author.Sheena Iyengar, professor of business at Columbia Business School.Michael Roberto, professor of management at Bryant University.
RESOURCES:“Trader Joe’s,” David Ager and Michael Roberto (Harvard Business School Case, 2014).“What Brands Are Actually Behind Trader Joe’s Snacks?,” Vince Dixon (Eater, 2017).Build a Brand Like Trader Joe’s by Mark Gardiner (2012).“When Choice is Demotivating: Can One Desire Too M...
Series Episodes
An Economics Lesson from a Talking Pencil (Update)
A famous essay argues that “not a single person on the face of this earth” knows how to make a pencil. How true is that? In this 2016 episode, we looked at what pencil-making can teach us about global manufacturing — and the proper role of government in the economy.
39 mins
11 June Finished
635. Can a Museum Be the Conscience of a Nation?
Nicholas Cullinan, the new director of the British Museum, seems to think so. “I'm not afraid of the past,” he says — which means talking about looted objects, the basement storerooms, and the leaking roof. We take the guided tour.
50 mins
6 June Finished
634. “Fault-Finder Is a Minimum-Wage Job”
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, is less reserved than the average banker. He explains why vibes are overrated, why the Fed’s independence is non-negotiable, and why tariffs could bring the economy back to the Covid era.
1 hour 2 mins
30 May Finished
633. The Most Powerful People You’ve Never Heard Of
Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity. Javier Blas and Jack Farchy, the authors of "The World for Sale", help us shine a light on the shadowy realm of commodity traders.
1 hour 5 mins
23 May Finished
How to Succeed at Failing, Part 4: Extreme Resiliency (Update)
Everyone makes mistakes. How do we learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. (Part four of a four-part series.)
52 mins
21 May Finished
How to Succeed at Failing, Part 3: Grit vs. Quit (Update)
Giving up can be painful. That's why we need to talk about it. Today: stories about glitchy apps, leaky paint cans, broken sculptures — and a quest for the perfect bowl of ramen. (Part three of a four-part series.)
1 hour 3 mins
16 May Finished
