David Kestenbaum

David Kestenbaum is a correspondent for NPR, covering science, energy issues and, most recently, the global economy for NPR's multimedia project Planet Money. David has been a science correspondent for NPR since 1999. He came to journalism the usual way — by getting a Ph.D. in physics first.

In his years at NPR, David has covered science's discoveries and its darker side, including the Northeast blackout, the anthrax attacks and the collapse of the New Orleans levees. He has also reported on energy issues, particularly nuclear and climate change.

David has won awards from the American Association for the Advancement of Science, the American Physical Society and the Institute of Electrical and Electronics Engineers.

David worked briefly on the show This American Life, and set up a radio journalism program in Cambodia on a Fulbright fellowship. He also teaches a journalism class at Johns Hopkins University.

David holds a bachelor's of science degree in physics from Yale University and a doctorate in physics from Harvard University.

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1:35am

Thu January 24, 2013
Planet Money

Why Is The Government In The Flood Insurance Business?

Originally published on Thu January 24, 2013 11:19 am

Hurricane Betsy hit the Gulf Coast in 1965.
Horace Cort AP

There's a quick, one-word explanation for why the federal government started selling flood insurance: Betsy.

Hurricane Betsy, which struck the Gulf Coast in 1965, became known as billion-dollar Betsy. Homes were ruined. Water up to the roofs. People paddling around streets in boats. Massive damage.

This would be the time when you'd expect people to be pulling out their flood insurance policies. But flood insurance was hard to come by. You could get fire insurance, theft insurance, car insurance, life insurance. Not flood.

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1:27am

Thu January 10, 2013
Planet Money

The North Dakota Town Where A One-Bedroom Apartment Rents For $2,100 A Month

Originally published on Thu January 10, 2013 1:04 pm

Yours, for $2,100 a month
Josh Marston

A plain, one-bedroom apartment in Williston, N.D., rents for $2,100 a month. For this price, you could rent a one-bedroom apartment in New York City.

Williston is not New York City. There are 30,000 residents and one department store. The nearest city is two hours away.

Rents are so high in Williston because the town is in the middle of an oil boom. Unemployment is below 1 percent, and workers are flooding into town.

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10:28am

Fri December 28, 2012
Planet Money

What A Former FBI Hostage Negotiator Can Teach Us About The Fiscal Cliff

Originally published on Fri December 28, 2012 11:27 am

Drew Angerer Getty Images

The tortuous negotiations involved in the "fiscal cliff" talks are like a chess game.

To shed some light on the kinds of negotiation techniques that members of Congress might be using during the talks, we asked two negotiators to walk us through their tactics with examples from their everyday lives.

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1:24am

Fri December 14, 2012
Planet Money

Why A Principal Created His Own Currency

Originally published on Fri December 14, 2012 12:43 pm

David Kestenbaum NPR

Shawn Rux took over as principal of MS 53, a New York City middle school, last year. At the time, 50 or 60 kids were absent every day. You could understand why they stayed away: The school was chaos.

Twenty-two teachers had quit, the entire office staff had quit, and hundreds of kids had been suspended. The school was given a grade of F from the city's department of education.

"It was in a bad place," Rux says.

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3:04am

Fri November 30, 2012
Planet Money

Why Mexico Is The World's Biggest Exporter Of Flat-Screen TVs

Originally published on Fri November 30, 2012 9:04 am

Mark Lennihan AP

Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.

Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.

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