I am a self-confessed podcast junkie. I have an iPod Touch, and by far I use it more for listening to podcasts than I do for listening to music. One of my all-time favorite podcasts is NPR's Planet Money. Every Tuesday and Friday, the Planet Money team releases a fairly short (20 minutes or so) show about a money-related topic. Somehow, they manage to find interesting stories that you may have wondered about at some moment or other and present them in easy-to-understand, entertaining ways. Some of the offbeat stories they've covered include:
- Why New York State built the Tappan Zee Bridge at the widest point of the Hudson River.
- Why we buy cars the way we do, when people almost universally hate buying them that way.
- Why Coca-Cola kept the price of a bottle of Coke at 5 cents...for 70 years.
- Why there's a difference between the sticker price of college and the price students actually pay.
- Why the U.S. has a dollar bill instead of a dollar coin like Canada has.
The list is a lot longer. I highly encourage you to give the show a listen. If you find it as interesting as I do, I encourage you to subscribe. Either way, the Planet Money episode of Feb. 8, 2013 is definitely worth your time. In 21 minutes, they cover four stories, the first two of which are insurance-related: Why the federal government is in the flood insurance business; and whether gun owners should have to buy liability insurance. I learned something new about the history of the National Flood Insurance Program. Enjoy!