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Hey, it's Erika Barris. A quick word before the show to talk about this year and all the different kinds of stories you heard on Planet Money. This year, we brought you stories about inflation, disinflation, stagflation, skimflation, dynamic pricing. What is Timu? Banking apps, rum taxes, the main potato war of 1976. So many stories about so many different things.
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Back in the day, like 30 years ago, if you asked economists how did some countries end up so rich and other countries end up so poor, you know, in the grand scheme of things, a lot of them might have told you a story about technology or education or natural resources or even climate patterns.
But in the early 2000s, there were these three economists who pointed out something was missing from that picture. Something massive that a lot of people in their field were overlooking. Their research, it triggered a revolution in economics. And this year, those three economists, they won the Nobel Prize. We recently met up with one of them on Zoom. Hello. Hello. Yes, this is James Robinson here.
Wow. Punctuality, sir. I feel like winning a Nobel Prize, you wouldn't have to show up on time anymore.
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