Robert Smith

Robert Smith is a correspondent for NPR's Planet Money where he reports on how the global economy is affecting our lives.

If that sounds a little dry, then you've never heard Planet Money. The team specializes in making economic reporting funny, engaging and understandable. Planet Money has been known to set economic indicators to music, use superheroes to explain central banks, and even buy a toxic asset just to figure it out.

Smith admits that he has no special background in finance or math, just a curiosity about how money works. That kind of curiosity has driven Smith for his 20 years in radio.

Before joining Planet Money, Smith was the New York correspondent for NPR. He was responsible for covering all the mayhem and beauty that makes it the greatest city on Earth. Smith reported on the rebuilding of Ground Zero, the stunning landing of US Air flight 1549 in the Hudson River and the dysfunctional world of New York politics. He specialized in features about the overlooked joys of urban living: puddles, billboards, ice cream trucks, street musicians, drunks and obsessives.

When New York was strangely quiet, Smith pitched in covering the big national stories. He traveled with presidential campaigns, tracked the recovery of New Orleans after Hurricane Katrina and reported from the BP oil spill.

Before his New York City gig, Smith worked for public radio stations in Seattle (KUOW), Salt Lake City (KUER) and Portland (KBOO). He's been an editor, a host, a news director and just about any other job you can think of in broadcasting. Smith also lectures on the dark arts of radio at universities and conferences. He trains fellow reporters how to sneak humor and action into even the dullest stories on tight deadlines.

Smith started in broadcasting playing music at KPCW in his hometown of Park City, Utah. Although the low-power radio station at Reed College in Portland, Oregon, likes to claim him as its own.

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Planet Money
11:41 am
Thu August 9, 2012

The Marijuana Trade In The Euro's Birthplace

Marijuana in Maastricht
Ermindo Armino AP

Originally published on Mon August 13, 2012 9:26 am

Zoe Chace and Robert Smith are reporting from European borders this week. This is the second story in a four-part series.

Maastricht, a town in the Netherlands, is known largely for two things.

  1. The treaty that created the euro was signed there.
  2. Marijuana is legal there, and it's sold at "coffee shops" around town.

This is the story of the troubled relationship between those two claims to fame.

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Planet Money
2:22 am
Thu August 9, 2012

The Building That's In Two Countries At Once

Hans Hover has one foot in Germany, and one in the Netherlands.
Robert Smith NPR

Originally published on Thu August 9, 2012 1:43 pm

Zoe Chace and Robert Smith are reporting from European borders this week. This is the first story in a four-part series.

A metal strip on the floor of Eurode Business Center marks the border between Germany and the Netherlands.

On one side of the building, there's a German mailbox and a German policeman. On the other side, a Dutch mailbox and a Dutch policeman.

The building was supposed to make it easy to work in both countries. But it's also a reminder of how the European dream isn't yet a reality.

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Planet Money
3:11 pm
Fri July 20, 2012

Just How Blind Are Blind Trusts, Anyway?

J.D. Pooley Getty Images

Originally published on Mon July 23, 2012 9:32 am

As Mitt Romney has faced questions about his investments and tax returns, the likely Republican presidential nominee has responded with two words of explanation: blind trust.

Romney keeps most of his wealth in a blind trust designed to prevent him from knowing exactly where his money is and what it's doing. It's a long tradition for presidents and candidates, though anyone can set one up if he wants to.

But it turns out that not all blind trusts are equally blind. Some are cast into complete and utter darkness. Others are more nearsighted.

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Planet Money
10:08 am
Mon July 9, 2012

Identifying The Real Victims In The LIBOR Scandal

LIBOR affects many consumer credit rates, from mortgages to credit cards.
Theo Francis NPR

Originally published on Wed July 11, 2012 4:16 pm

A lot of the coverage of the LIBOR scandal has focused on the ways that Barclays tried to manipulate LIBOR lower during the financial crisis, to make the bank look more secure. This has led some listeners to ask a good question: if rates were being shoved down, doesn't that help consumers? LIBOR, after all, is a financial benchmark that shows up in adjustable rate mortgages and other loans.

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Planet Money
7:13 am
Mon July 9, 2012

Did The Bank of England Urge Barclays to Lie?

Morning light on the houses of Parliament in London, where Bank of England Deputy Governor Paul Tucker faces questions over his role in a banking scandal.
Christopher Furlong Getty Images

The scandal over LIBOR, a key global interest rate, has already hit banks around the world. Today, it moves to the very heart of the British government.

A deputy governor of the Bank of England will be quizzed by parliament on whether he told banks to lie to about the crucial interest rate.

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