Cardiff Garcia | Texas Public Radio

Cardiff Garcia

The gender pay gap exists for a variety of reasons. Discrimination is one; educational experience and job choice are others. The fields that employ a lot of women tend to pay less.

One of our self-described "introverted" listeners asked us: "Is my introverted-ness costing me money?"

We posed that question to Miriam Gensowski, an assistant professor of economics at the University of Copenhagen who studies the connection between personality traits and lifetime outcomes. She found that the answer is yes, introverts tend to earn less than extroverts over time — but there are some caveats.

Some of the research referenced in this story:

Q-W-E-R-T-Y, or "QWERTY," are the first six letters on most keyboards in English-speaking countries. That letter sequence seems random. And over time, some have tried to break our QWERTY spell with different letter sequences, but QWERTY has always prevailed — and the reasons contain some economic lessons.

To tell this story, we brought in economist Tim Harford, host of "Fifty Things That Made The Modern Economy" for the BBC World Service.

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The global market for diamond jewelry is worth $80 billion a year. Money is flooding into this industry, but why when demand for diamonds isn't as lustrous as it once was? Cardiff Garcia and Sally Herships have more from the Planet Money podcast The Indicator.

Saying 'I Do' To Lab-Grown Diamonds

Mar 14, 2019

The global market for diamond jewelry is worth $80 billion dollars a year. Money is pouring into the industry, but why - when demand for diamonds isn't as sparkly as it once was?

There's a new player in the space that might change the market in the near future. It's a different kind of diamond – one grown in a lab. But man-made rocks come with some big marketing problems. Traditionally, luxury products are about scarcity – not accessibility. And, unlike other consumers, high end shoppers can be attracted to high prices.

The CEO of the streaming service Netflix recently told the company's shareholders something surprising: that Netflix faces more competition from Fortnite, the online video game, than from HBO, the television channel. So are movies, TV shows and streaming videos really in competition with video games? And if so, who's winning?

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For years NASA has been shifting away from a centralized model — where it does everything — to a decentralized model, where the functions of the space program are increasingly shared by the public and private sectors.

Economists looking for an indication of what the future holds keep a close eye on the jobs market. Heidi Shierholz is the director of policy at the Economic Policy Institute. She says there are three things in particular that she monitors: the quits rate, temporary employment, and average weekly hours.

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