{"podcast":{"title":"The Invisible Hand","slug":"the-invisible-hand-7719857","podcast_index_feed_id":7719857,"rss_url":"https://feeds.megaphone.fm/PODAGEN6867737009","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/ecd55da6-0690-11f1-8a35-87d682d10069/image/bd2556a194f47efd83996cc639d08bec.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Emma Reid","episode_count":232,"summary":"Economics isn't boring when Emma Reid explains it. This former Wall Street finance analyst quit her corporate job after watching too many people get scammed by get-rich-quick schemes, including her own father who almost lost his retirement to a pyramid scheme. Now she breaks down everything from inflation to interest rates using stories from her small-town grocery store and her neighbor's questionable crypto investments. Every day, Emma takes one economic concept and makes it make sense. Monday might be why gas prices actually work the way they do. Tuesday could be the real reason your mortgage rate just jumped. She's not trying to make you an economist, just someone who can spot financial BS from a mile away and make smarter money decisions. You'll get the kind of economic education they should have taught you in high school but didn't. No textbook jargon, no boring theory, just practical knowledge you can use when your bank tries to sell you a new credit card or your brother-in-law pitches his latest investment idea. Follow now for daily episodes that actually explain how money and markets really work. New episodes every day—follow now!","last_synced_at":"2026-07-31T16:18:06.182989+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857"},"episode":{"title":"Apple's $263 Problem: Why iPhones Can't Be Made in America","slug":"apple-s-263-problem-why-iphones-can-t-be-made-in-america","published_at":"2026-07-22T17:21:00+00:00","page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857/apple-s-263-problem-why-iphones-can-t-be-made-in-america","show_page_url":"https://stenobird.com/podcast/the-invisible-hand-7719857","url":"https://traffic.megaphone.fm/PODAGEN2512700376.mp3?updated=1776261453","audio_url":"https://traffic.megaphone.fm/PODAGEN2512700376.mp3?updated=1776261453","summary":"Here's $263 worth of truth about your iPhone that Apple doesn't advertise: moving production to America would only add that much to the price. So why haven't they done it? In this episode, Emma Reid breaks down the real reasons your phone says \"Designed by Apple in California, Assembled in China\" and why it's not just about cheap labor. 🎯 What You'll Learn: • Why Chinese workers only add $42 to your iPhone's cost (while American workers would add $263) • The 1,000+ components that come from 200+ suppliers across 20+ countries before your phone exists • How China captured 28% of global manufacturing while America dropped to 16% • The infrastructure reality that makes \"Made in USA\" phones nearly impossible right now 👤 Perfect for: anyone who's ever wondered why we can't just make stuff here anymore, plus economics nerds who love supply chain deep dives. 📍 Chapters: [00:00] Emma Reid reveals the $263 iPhone math [01:45] The labor cost myth everyone believes [04:15] Why 1,000 components change everything [06:30] China's manufacturing dominance by the numbers [08:45] The infrastructure gap America can't bridge overnight [10:30] What this means for future reshoring efforts The next time someone says we should \"bring manufacturing back,\" you'll know exactly why it's not as simple as paying workers more. This isn't about politics or trade wars. It's about decades of supply chain evolution that created dependencies most people never see. 🔔 Never miss an episode: Follow The Invisible Hand on Spotify or Apple Podcasts and turn on notifications. New episodes drop daily, your next favorite insight is one tap away. 🔍 Topics: iPhone manufacturing, supply chain economics, China manufacturing, American production costs, global trade Get new episodes at The Invisible Hand ------- Keywor…","meta_description":"Here's $263 worth of truth about your iPhone that Apple doesn't advertise: moving production to America would only add that much to the price. So why have…","key_points":[],"chapters":[],"topics":[],"duration_seconds":926,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-invisible-hand-7719857/episodes/apple-s-263-problem-why-iphones-can-t-be-made-in-america/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-invisible-hand-7719857/apple-s-263-problem-why-iphones-can-t-be-made-in-america.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}