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Emma Peaslee

👤 Person
441 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
The great German land lottery

Ah, very nice to meet you.

Planet Money
The great German land lottery

Ah, very nice to meet you.

Planet Money
The great German land lottery

For the last 10 years, Friedrich has planted, harvested, and cared for nine specific plots of land here in Germany, specifically in this area called the Ossing. The Ossing is collectively owned by a group of 141 farmers.

Planet Money
The great German land lottery

For the last 10 years, Friedrich has planted, harvested, and cared for nine specific plots of land here in Germany, specifically in this area called the Ossing. The Ossing is collectively owned by a group of 141 farmers.

Planet Money
The great German land lottery

For the last 10 years, Friedrich has planted, harvested, and cared for nine specific plots of land here in Germany, specifically in this area called the Ossing. The Ossing is collectively owned by a group of 141 farmers.

Planet Money
The great German land lottery

Every 10 years for the last 500 years, so since the 1500s, the people in this community hold a lottery where farmers randomly get assigned plots of land that they will farm for the next 10 years of their lives. It's like farmland musical chairs.

Planet Money
The great German land lottery

Every 10 years for the last 500 years, so since the 1500s, the people in this community hold a lottery where farmers randomly get assigned plots of land that they will farm for the next 10 years of their lives. It's like farmland musical chairs.

Planet Money
The great German land lottery

Every 10 years for the last 500 years, so since the 1500s, the people in this community hold a lottery where farmers randomly get assigned plots of land that they will farm for the next 10 years of their lives. It's like farmland musical chairs.

Planet Money
The great German land lottery

The lottery is about to kick off soon. It takes place on hundreds of acres of grain, corn, potato fields, fields that will be up for grabs today. The opening ceremony starts inside a big tent. We settle in at a table with Friedrich.

Planet Money
The great German land lottery

The lottery is about to kick off soon. It takes place on hundreds of acres of grain, corn, potato fields, fields that will be up for grabs today. The opening ceremony starts inside a big tent. We settle in at a table with Friedrich.

Planet Money
The great German land lottery

The lottery is about to kick off soon. It takes place on hundreds of acres of grain, corn, potato fields, fields that will be up for grabs today. The opening ceremony starts inside a big tent. We settle in at a table with Friedrich.

Planet Money
The great German land lottery

He says the first thing he wants is at least two pieces of good land.

Planet Money
The great German land lottery

He says the first thing he wants is at least two pieces of good land.

Planet Money
The great German land lottery

He says the first thing he wants is at least two pieces of good land.

Planet Money
The great German land lottery

Friedrich has nine plots of land, which means he will get nine new plots of land. But not every plot is suited for potatoes. Some land is really bad for growing potatoes. It's too swampy or the soil is too dense. And every plot that's not ripe for potatoes will cost him.

Planet Money
The great German land lottery

Friedrich has nine plots of land, which means he will get nine new plots of land. But not every plot is suited for potatoes. Some land is really bad for growing potatoes. It's too swampy or the soil is too dense. And every plot that's not ripe for potatoes will cost him.

Planet Money
The great German land lottery

Friedrich has nine plots of land, which means he will get nine new plots of land. But not every plot is suited for potatoes. Some land is really bad for growing potatoes. It's too swampy or the soil is too dense. And every plot that's not ripe for potatoes will cost him.

Planet Money
The great German land lottery

And I'm Emma Peasley. In many ways, economics is about the best way a society could allocate their scarce resources. Hundreds of years ago, a community in Germany came up with their own unique solution to that question.

Planet Money
The great German land lottery

And I'm Emma Peasley. In many ways, economics is about the best way a society could allocate their scarce resources. Hundreds of years ago, a community in Germany came up with their own unique solution to that question.

Planet Money
The great German land lottery

And I'm Emma Peasley. In many ways, economics is about the best way a society could allocate their scarce resources. Hundreds of years ago, a community in Germany came up with their own unique solution to that question.