Planet Money

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The Economy Explained

The first stock exchange was on this bridge hide caption

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Bob Peterson claims to have found the thing people have sought for thousands of years — an investment guaranteed to double in value. He keeps it in this storage locker. Bob Peterson/Bob Peterson hide caption

itoggle caption Bob Peterson/Bob Peterson

"They'd get the debt. They'd get people on the phone. They'd start dialing, and start collecting." iStockphoto hide caption

itoggle caption iStockphoto

BNP Paribas' logo at its headquarters in Paris, France. Francois Mori/AP hide caption

itoggle caption Francois Mori/AP

Alex Livingston and Eddie Santillan have convinced investors to fund their salary and expenses while they look for a solid company with good earning potential. Courtesy of Isabel Angell hide caption

itoggle caption Courtesy of Isabel Angell

Downtown Spencer, NY is home to Tioga State Bank. Doug Kerr/Flickr hide caption

itoggle caption Doug Kerr/Flickr

The Royal Swedish Academy of Sciences announces the winners of the 2013 Nobel Memorial Prize in Economic Sciences in Stockholm Monday. The prize went to U.S. professors Eugene Fama, Lars Peter Hansen and Robert Shiller. Claudio Bresciani/AP hide caption

itoggle caption Claudio Bresciani/AP