logo
episode-header-image
Sep 2023
54m 33s

Why are we still buying diamonds?

PJ Vogt
About this episode
They’re shiny rocks that we’ve somehow agreed embody romance and eternity. But diamonds, it turns out, are not as rare as we think. And these days, they can be made in a lab. So why do we continue to spend so much money on them? This week, the story of a century-long, international scheme. And the story of how it fell apart.If you want to see the articles an ... Show More
Up next
Aug 28
The Killing of the Gaza Chef
Mahmud Almadhoun ran a soup kitchen in the north of the Gaza Strip. In November 2024, he was killed. A reporter tries to answer a big question. Was Mahmud intentionally targeted? And if so, what does that mean about the future of war?Listen to The Gaza Chef.Become a premium membe ... Show More
49m 20s
Aug 21
The Chosen One
A listener asks: whose penis gets the top spot on the Wikipedia page for penis?Our quest for an answer takes us on a surprisingly philosophical journey — where we learn about the cutthroat fight to be number one and the extremely overthink-y debate that precedes the coronation.Wi ... Show More
47m 46s
Aug 11
A road trip through the data center debate
The midterms are approaching, and as the discourse heats up, one of big new villains is: a kind of building. Data centers. Reporter Jasmine Sun took a road trip through two swing states to meet the people living at the center of these debates, and to understand where this all mig ... Show More
40m 31s
Recommended Episodes
Jul 2018
Are Diamonds Really Rare?
Diamonds are considered one of the world’s most valuable gemstones. But what if their prices are high due to brilliant marketing and supply monopoly tactics, not because of their rarity? And if that’s the case, are diamonds just a run-of-the-mill gemstone? Learn more about your a ... Show More
44m 6s
Jul 2020
Diamond Wars | The Future of the Diamond Industry | 8
Today we conclude our Diamond Wars series. These precious stones are known to be undeniably beautiful, rare and a symbol of luxury. But diamonds have also been associated with war, human rights abuses and death. In response, consumers these days are demanding more transparency ab ... Show More
20m 49s
May 2020
Diamonds: Articles of Interest #11
<p>Diamonds represent value, in all its multiple meanings: values, as in ethics, and value as in actual price. But what are these rocks actually worth? The ethics and costs of diamond rings have shifted with society, from their artificial scarcity perpetuated by DeBeers to their ... Show More
31m 20s
Jul 2018
Are Diamonds Really Rare? Pt. 2
Diamonds are considered to be the rarest and most valuable gemstone. Is that really true? Or is making diamonds appear more valuable than they actually are and monopolizing the diamond trade the first step in consolidating power to form a New World Order? Learn more about your ad ... Show More
48m 7s
Nov 2023
How to spot a diamond
When is a diamond really a diamond? When it’s been formed miles underground a billion years ago, or when has it been created in a laboratory, under temperatures close to the heat of the sun? The answer is – both are true. They look and behave exactly the same, but they are very d ... Show More
18m 16s
Nov 2023
Disruption in the diamond sector
A few years ago you could have assumed all diamonds had been dug out of the ground – but now it’s true that some of them have been created, at unbelievably high temperatures, in just a matter of weeks. In the first of two Business Daily programmes about the evolving diamond marke ... Show More
18m 1s
Aug 2020
Making Diamonds
In this episode of The Brain Food Show, we are start out looking at the rather interesting way the couple hundred million dollar Hope Diamond has been transported a couple times. Next up we have a brief message from our sponsor Skillshare for 2 months for free here: http://skill ... Show More
58m 13s
Apr 2015
203. Diamonds Are a Marriage Counselor’s Best Friend
<p>It may seem like winning a valuable diamond is an unalloyed victory. It's not. It's not even clear that a diamond is so valuable.</p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collectio ... Show More
40m 29s
Mar 2025
Planet Money buys a mystery diamond
The deal seemed too good to be true. There's a website that's been selling top quality diamonds at bizarrely low prices. Prices we couldn't find at any retail outlet. Prices so low, we could buy a diamond on a public radio budget. So we did. What we got in the mail was a tiny zip ... Show More
32m 22s