This is what the HBO show ‘Succession’ can teach us about the economics of family companies. n.pr/40rWcKX

“We find that firms that hand down management within the family have worse management practices, particularly those that hand it down to the oldest son”

Why Nepo Babies Are Bad For Business (Sorry, 'Succession') : Planet Money : NPR npr.org/sections/money…

Succession offers an inside look at the bizarre dynamics of a family business that eschews meritocracy and scientific management in favor of nepotism and toxic family politicking. It turns out there are many firms that do this in the real world.
npr.org/sections/money…

Such a strong episode produced by Alyssa Jeong Perry. Put this one in your queue this week.

NPR - Blood, oil, and the Osage Nation: The battle over headrights

npr.org/2023/03/23/116…

In the 1920s, the Osage Nation was one of the wealthiest communities in the world.

To this day, oil money continues to be disbursed to headright holders. But some allege that the federal government has been mismanaging that wealth.

npr.org/2023/03/23/116…

Blood, oil, and the Osage Nation: The battle over headrights via NPR's Planet Money

npr.org/2023/03/23/116…

When the Osage first settled on their land in Oklahoma, they knew there was oil there, but not the history-altering wealth it represented.

Amanda Aronczyk & Sam Yellowhorse Kesler went to Oklahoma to report on this history, and the many legal battles over Osage oil rights.

podcasts.apple.com/us/podcast/the…

Rights to the oil and gas from their land once made members of the Osage tribe the wealthiest people in the world. But they also made the Osage a target.

On our latest episode: the many battles over the wealth and autonomy of the Osage.

npr.org/2023/03/23/116…

How does a bank run happen in real time? We spoke with four people who were part of it to retrace the steps of the bank’s meltdown. podcasts.apple.com/us/podcast/pla…

Bank collapses can happen at the most inconvenient times. The run on Silicon Valley Bank was no exception. Iba Masood, CEO of Tara.AI, told us her story. npr.org/2023/03/21/116…

Sometimes, the best way to understand a bank run is by talking to the people doing the running. We talk to four startup founders and Silicon Valley Bank depositors about what it was like from inside the bank run. npr.org/2023/03/21/116…

Longform Podcast #527: Mary Childs (Mary Childs), co-host of “Planet Money” and author of “The Bond King: How One Man Made a Market, Built an Empire, and Lost It All”

pod.link/551088534

'Institutional capacity, the authors suggest, is a cumulative process of trial and error that helps an organization get smarter and better. However, when organizations outsource critical work to others, they short-circuit this process'.
NPR NPR's Planet Money npr.org/sections/money…

After starting a label and negotiating NPR's Planet Money's first record deal, they're taking the Inflation song out into the world to figure out the hidden economics of the music business.

Find 'Inflation' merch here:
shopnpr.org/planet-money

In 1975, Sugar Daddy and the Gumbo Roux recorded a song called 'Inflation.'

But that song was never released.

Until NPR's Planet Money came along, in 2022.

Now, 'Inflation' has more than 1,000,000 listens on Spotify, and it is going to be available on vinyl: bit.ly/3FwGOog

The consulting industry claims to offer valuable expertise and fresh ideas — but don't be fooled, the authors of a new book argue.

It’s actually weakening business and distorting the economy, the book says. n.pr/3FDVuSo

I've long been somewhat sceptical of management consultancies... new book by Mariana Mazzucato and Rosie Collington says they can not only hinder organizations and governments, but even distort economies. (From NPR's Planet Money's fab newsletter, do subscribe.)
npr.org/sections/money…