Last year, the video game industry generated around $190 BILLION in revenue. More than the music and film industry combined. How did this medium go from the arcade into a global juggernaut? That's the subject of a new podcast series called Hidden Levels.
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Jubilation in Lahore with return of historic kite festival : NPR
The Pakistani city of Lahore celebrated the revival of a historic kite festival called Basant last weekend, 19 years after kite flying there was deemed too dangerous and banned.
Tagged with pakistani city kite festival 19 years
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Planet Money: Why economists got free trade with China so wrong
With the year coming to a close, we're sharing our most popular Planet Money bonus episode of 2025!
As U.S. trade with China exploded in the early 2000's, American manufacturing began to shrivel. Those workers struggled to adapt and find new jobs. It ran counter to how mainstream economics at the time viewed free trade … that it would be a clear win for the U.S. Greg Rosalsky talks with David Autor about why economists got free trade with China so wrong.
Autor, an MIT economics professor, and his colleagues published a series of eye-opening studies over the last 15 years or so that brought to light the costs of U.S. trade with China. We also hear Autor's thoughts on the role of tariffs and get an update on his research. With better, more precise data, Autor says we have a more nuanced and "bleaker" picture of what happened to these manufacturing workers.
You can read about Autor's research and sign up for The Planet Money Newsletter: https://www.npr.org/2025/02/11/g-s1-47352/why-economists-got-free-trade-with-china-so-wrong
Tagged with planet money economics free trade nafta china