logo
episode-header-image
Dec 2024
24m 15s

How Big Food changed the way we eat (rer...

MARKETPLACE
About this episode

Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year.


Today we’re talking about food. Specifically, Big Food. In his book, “Barons: Money, Power, and the Corruption of America’s Food Industry,” Austin Frerick, agricultural and antitrust policy fellow at Yale, argues the food system is the most consolidated sector in the United States. On the show today, Frerick explains how the American food system became so concentrated, how that’s inflated prices and eroded quality, and what we should do about it. Plus, Walmart’s role as king of grocery kings.



Then, we’ll get into why Boeing can’t keep up with SpaceX. And, an expert on youth mental health (and former guest on “Make Me Smart”) was wrong about how teens curate their social media feeds.



Here’s everything else we talked about today:













We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Up next
Yesterday
The countdown to a government shutdown begins (again)
Now that the “One Big Beautiful Bill Act” is law, Congress is turning its attention to another matter: avoiding a government shutdown. We’ll explain what it will take to keep the government running beyond Congress’ Sept. 30 deadline. And, we’ll fill you in on another deadline: Pr ... Show More
13m 6s
Jul 8
Who profits from immigration detention?
Republicans’ freshly passed spending bill sets aside $45 billion just to expand immigration detention centers. And a number of private companies are poised to profit from the surge in funding. On the show today, Deirdre Conlon, co-author of the new book “Immigration Detention Inc ... Show More
25m 13s
Jul 7
The first national private school voucher program just dropped
Republicans’ newly passed tax and spending law establishes the first major federal program for shifting public money to private schools. It comes in the form of a wonky tax break. We’ll explain how it will work. And, we’ll get into how massive cuts to Medicaid will impact rural h ... Show More
19m 16s
Recommended Episodes
Mar 2024
What happened to Apple’s car?
Apple has abandoned its effort to make an autonomous electric vehicle. We’ll get into why the company’s venture flopped and what it says about the supply chain for electric vehicle parts. Then, we’ll explain how a Texas federal judge’s ruling is upending race-based aid for busine ... Show More
32m 59s
Mar 2024
A steel industry tug of war
Carmakers are keeping a close eye on the steel industry. A bidding war over U.S. Steel, an iconic American manufacturer, is brewing, and car companies are concerned about antitrust issues and what that could mean for the auto business. We’ll get into it and explain our new theory ... Show More
33m 9s
Jul 2
Why We’re Fatter Than Ever - Mike Israetel
Mike Israetel is a bodybuilder, exercise scientist, fitness trainer, nutritionist and YouTuber. | SPONSOR. Venice AI: Enjoy private, uncensored AI with our sponsor https://venice.ai/triggernometry - use code TRIGGERNOMETRY to get 20% off a pro plan SPONSOR. Try Evening Being by V ... Show More
1h 25m
May 5
What’s News in Earnings: Consumer Shakiness Worries Food and Drink Companies
Bonus Episode for May 5. Consumers are in belt-tightening mode. Many are buying less, reconsidering their purchases and feeling rattled by volatile markets and the Trump administration’s shape-shifting tariff policies. For soda makers like Pepsi and restaurant chains like McDonal ... Show More
9m 26s
Oct 2024
Hot shot: the wider promise of weight-loss jabs
First they treated diabetes. Then obesity. Now GLP-1 drugs are being tested on a range of other diseases too. Though the US economy is roaring, many Americans are glum about its prospects. How could that affect the election (9:02)? And our podcast on why Chinese migrants are maki ... Show More
23m 58s
Apr 17
A Toy Manufacturer Explains How Trump’s Tariffs Could Crush His Industry
In the past three weeks, we've spoken to economists about the tariffs. We’ve spoken to a historian about the Smoot-Hawley Tariff Act and the 100-year legacy of American protectionism. We've spoken to supply chain expert Jason Miller from Michigan State about why China is set up t ... Show More
35m 9s
Dec 2024
A Turning Point for Ultraprocessed Foods
A new study has found that nearly three-quarters of American adults are now obese or overweight, and there’s growing concern — among politicians, scientists and consumers — about one potential culprit: ultraprocessed foods.Guest: Alice Callahan, a nutrition and health reporter fo ... Show More
29m 52s
Aug 2024
The chips are down: will diet drugs devour junk food?
Snack-food companies have long shown their adaptability to changing diets. How could the rise of appetite-suppressing drugs and fears about ultra-processed foods change the food we consume? How hearing aids and other lifestyle choices can reduce your risk of dementia (11:00). And ... Show More
22m 30s
May 15
Drug war: Trump takes on big pharma
Drugs in America often cost more than three times as much as those elsewhere. But Donald Trump’s plan to cut prescription costs and impose tariffs may have unintended consequences for consumers. Inside North Korea’s crypto-heist: from hermit kingdom to hacking kingdom (10:45). An ... Show More
25m 6s
May 13
Why Do Americans Pay So Much for Drugs?
On Monday, President Donald Trump signed an executive order telling drugmakers to slash the prices of their medicines. Once again, the president showed an amazing nose for interesting questions. Statistically, the U.S. accounts for 4 percent of the world’s population but nearly 5 ... Show More
1h 9m