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Act Two: Eurotopia

When the Euro arrived in 2002, the BBC called it "the most ambitiousfinancial and political change since money began." Here in the US we don'tthink of it as that revolutionary, but in Europe it truly changed howmillions of people lived. Adam Davidson and Chana Joffe-Walt report.

Prologue

Ira Glass asks guest host Alex Blumberg whether we should really care about the current European debt crisis. The answer: yes, we should, and we should WANT to care too, because this story—and it's actually the story of the Euro itself—is very surprising and dramatic.

Act Four: Do-Over

Chana and Alex tell what happened next, when technocrats in Germany andother solvent European countries tried to fix the crisis by actuallyenforcing the original rules for Euro Zone membership. It turned out thateven determining the real deficit in Greece was no easy task.

Act Three: Ooh, I Shouldn't Have Done That!

Adam and Chana tell how things turned dramatically worse for the Euro in2009, when the new government in Greece announced that its national deficitwas twice what the previous government had reported.
461: Take the Money and Run for Office
Mar. 30, 2012

Act One: The Hamster Wheel

Planet Money's Alex Blumberg and NPR Congressional correspondent Andrea Seabrook take a tour through the world of money and politics, discovering just how much time members of Congress spend raising money and which committee assignments yield the biggest campaign donations. They also try to figure out what all this money is actually buying.For an interactive map of Washington DC fundraiser locations, charts of the best and worst types of fundraisers, and other online extras, visit Planet Money's website.