Season 5, Episode 26
This week on Freakonomics Radio: critics — including President Obama — say short-term, high-interest loans are predatory, trapping borrowers in a cycle of debt. But some economists see them as a useful, if expensive, financial instrument for people who might otherwise not have access to cash. As the Consumer Financial Protection Bureau promotes new regulation, we ask: who’s right?
To learn more, check out the podcast from which this hour was drawn: “Are Payday Loans Really as Evil as People Say?“
Season 6, Episode 41 This week on Freakonomics Radio: for decades, G.D.P. has been a standard way of measuring living standards around the world. Martha Nussbaum tells Stephen J. Dubner that she’d rather use some better data. Plus: Steve Ballmer wants to know how the U.S. government is actually using its G.D.P. To find out more, check out the podcasts from which this hour was . . .
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