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State lotteries are a 12-figure business in the US of A. Americans spend more money on lottery tickets than on books, video games, recorded music, movie and sports tickets combined. Of course, lottery revenue is allocated to public goods like schools and parks, but it’s a double-edged sword, as lotteries are disproportionately funded by the poorest third of households, i.e., the people who can least afford them. Mark takes Joe through the checkered history of lotteries, their pros and cons, and the role they might play in the lives of all those people who trade their hard-earned dollar for an elusive dream.

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Here are a couple sobering numbers: The typical American has only $8,000 in the bank, and the median savings for the age cohort approaching retirement is only $120,000. Neither is anywhere close to adequate. Might a fiscal cliff be approaching for millions of retirees? Joe and Mark do a deep dive into the scary numbers outlining Americans’ financial distress and declining optimism about the future, consider some reasons how and why we became so uniquely bad at saving, and ponder whether this phenomenon is something new or simply a return to the perilous days of yore. (Recorded January 31, 2025.)

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You’ve probably used a map app like Google Maps, Apple Maps or Waze to help you get from Point A to Point B as quickly as possible. But did you ever wonder how they work? Did you ever wonder whether we should slavishly follow their directions or be skeptical and consider external factors like our own prior driving experience? Well, wonder no more. Mark and Joe take the fastest route that starts with paper maps, brings them past an obscure mathematician’s brilliant idea, stops for gas to consider the wonders of GPS and crowdsourcing, and arrives at the destination of Clarityville (population: you). (Recorded January 16, 2025.)