meta_pixel
Tapesearch Logo
Log in
Planet Money

Two Indicators: back to school

Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 12 October 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

It's fall, so on this episode, we're taking you back to school. First, what sorority rush can teach us about a particular kind of market. Then, how two economists fixed the way macroeconomics was taught in high schools. It's econ, inside and outside the classroom.

Subscribe 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.

0:06.4

By now, college campuses across the country have wrapped up another round of sorority rush.

0:11.9

You may have heard of sorority rush because it's made a splash on TikTok for the last

0:16.0

couple of years.

0:17.3

Rush is when sororities recruit new members, and it's this jam-packed week of parties

0:22.1

and other events.

0:23.1

Hey y'all, so today's the first round of sisterhood and I'm so excited because we get

0:27.0

through our key little dresses.

0:29.0

Hashtag Rush Talk started with sorority women at the University of Alabama.

0:33.4

They were posting behind-the-scenes videos and everything from their daily outfits.

0:39.8

To the songs and rituals that take place during the week.

0:47.5

The TikTok posts gave a glimpse into this particular aspect of campus culture, and they

0:52.1

inspired discussion about social hierarchies and elitism and the role of the Greek system

0:56.8

in college life.

0:57.8

But, you know what didn't get talked about is economics.

1:01.9

And that's where we come in, because it turns out sorority rush illustrates a concept called

1:05.9

matching markets.

1:07.6

And matching markets are hugely important to the economy.

1:10.9

They help pair hospitals with medical residents and organ donors with transplant recipients.

1:16.5

Hello and welcome to Planet Money.

1:18.6

I'm Whalen Wong.

1:20.0

And I'm Adrienne Ma.

...

Please login to see the full transcript.

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.