meta_pixel
Tapesearch Logo
Planet Money

We dare researchers to leave the ivory tower

Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 8 November 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

The world of economics has these two different sides. One one side, there are the economists in their cozy armchairs and dusty libraries, high up in their ivory towers. On the other, there's the messy world we're all living in, where those economics are actually playing out.

Sometimes, researchers will write about something that they themselves have never actually experienced. Sure, they've thought about it, theorized, come up with smart analyses...but that's not the same as getting out of that armchair and into the real world.

So, in this episode, we play our own version of Never Have I Ever. We dare two researchers to go places and do things they have never done before, in hopes of learning something new about the economic world around us.

(Okay, fine, it's maybe more like Truth or Dare...but go with us here.)

Today's episode was hosted by Alexi Horowitz-Ghazi and produced by Emma Peaslee with help from Willa Rubin. It was edited by Sally Helm, fact checked by Sierra Juarez and engineered by Maggie Luthar. Alex Goldmark is our executive producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+
in Apple Podcasts or at plus.npr.org/planetmoney.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Planet Money from NPR.

0:05.0

A few weeks ago, I found myself standing around the storied office water cooler,

0:11.0

chatting with my colleague Darien Woods from our sister show The Indicator.

0:15.2

You're telling me about this kind of fun new economics paper he'd just come across.

0:19.9

The researchers had used cell phone tracking data to map out socioeconomic diversity in America.

0:26.0

And they identified the place where the widest array of people from across the socioeconomic spectrum were most likely to actually rub shoulders in the same physical location.

0:37.6

And that place was pretty surprising.

0:40.8

It turns out that according to this cell phone data, rich and poor and middle class people are most likely to mingle not in public parks or in the pews of a church, but inside of moderately expensive chain restaurants, places like

0:56.9

apple bees or olive garden, or the Australian themed Outback Steakhouse.

1:04.2

Now, I happen to know that Darien is part Australian.

1:07.6

So when he then told me that never had he ever been to an Outback Steakhouse,

1:12.0

that got my attention. And when he reminded me that he was also a

1:15.8

vegetarian, I knew we didn't really have a choice. I had to take Darien the Australian Vegetarian on an adventure.

1:24.6

Darien Woods.

1:26.0

Alexi Horroitz-Gazzy.

1:28.0

Fancy seeing you here outside the Outback Steakhouse.

1:31.0

A few days later, we found ourselves at an outback steakhouse in Bayside Queens.

1:35.7

We were mostly there to cross an item off of my bucket list for Darien.

1:40.6

Right, reason enough, but we also wanted to get some

1:43.3

anecdote about whether or not it's true that people of all income levels

1:48.7

are hanging out together at the outback staygars.

1:52.0

But first, of course course we had to eat. So they're highlighting

...

Transcript will be available on the free plan in -445 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.