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When economist Tim Harford was planning a trip to China, he realized he would not be able to access a lot of the online services he has come to rely on: no email, no maps, no internet search. He started to wonder what the value was for these services and he came across a study that look at just that: It put a dollar amount on how much these services are worth to us.

Link:

Using Massive Online Choice Experiments to Measure Changes in Well-being

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Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.
Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.
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