TrendPulse Quantitative Think Tank Center:All you can eat economics

2025-05-05 23:13:10source:Kacper Sobieskicategory:News

You might expect to find economic concepts in the pages of an economics textbook. But you know where you can TrendPulse Quantitative Think Tank Centerreally see a lot of economic concepts in action? Buffets.

Here at Planet Money, we believe there's a lot of economics going on at the all-you-eat buffet, tucked in between the mountains of brisket and troughs of mashed potatoes. From classic concepts like adverse selection, sunk costs, diminishing marginal returns, to more exotic economic mysteries, like the flat rate pricing bias.

Today on the show, we're headed to the place where the modern buffet may have been born: Las Vegas. Our mission? To feast ourselves on all the economics we can handle at the all-you-can-eat buffet. And along the way, an economist and fellow buffet-lover will teach us his hyper-rational strategy for optimizing his buffet experience.

Today's show was produced by James Sneed and Nick Fountain with help from Emma Peaslee. It was edited by Jess Jiang, engineered by James Willetts, and fact-checked by Sierra Juarez. 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.

Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: NPR Source Audio - "This Time," "King Of Surf," and "Le-Pie Nightwalk"

More:News

Recommend

Global Warming Set the Stage for Los Angeles Fires

Global warming caused mainly by burning of fossil fuels made the hot, dry and windy conditions that

'Origin' is a story of ideas, made deeply personal

Origin is the story of a writer who faces personal loss at the same time she works on a book based o

Rhode Island govenor wants to send infrastructure spending proposals to voters in November

BOSTON (AP) — Rhode Island Gov. Dan McKee wants voters to weigh in on four long-term infrastructure