Robert Smith

Robert Smith is NPR's New York Correspondent. Before moving into his current position, Smith was NPR's education reporter and covered public schools and universities on the West Coast. He reported on a variety of issues facing the education system, including the challenges of over-crowding, tight budgets, teacher retention, and new technology.

Smith's reports have been heard on NPR since 1994, first as a freelance reporter based in the Northwest, then during a short stint for NPR in Los Angeles. Specializing in the offbeat, Smith has taken his microphone into some strange worlds. He traveled into the backcountry with Gearheads to talk about their obsession with camping technology; he snuck into a all-night rave in the California desert; he has dressed up as Santa Claus for an undercover look at the wild night of Santarchy; and he has trained for the oft-mocked Olympic sport of curling. He is particularly fascinated by clowns and turkeys.

Born in London, Ontario, Canada, Smith emigrated to the United States with his family. He grew up in the ski-resort town of Park City, Utah, where he started in radio by hosting a music show while in high school. Smith graduated from Reed College in Portland, Oregon, in 1989, and began reporting for community radio station KBOO. He followed with reporting jobs at KUER in Salt Lake City and KUOW in Seattle, where he was also news director.

Smith now lives in New York with his wife, Robbyn. When he's not reporting, Smith enjoys barbecuing and model rocketry.

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10:10am

Fri July 6, 2012
Planet Money

Rigging LIBOR: Banking Scandal Hits Home (Literally)

Originally published on Mon July 30, 2012 7:20 pm

Lefteris Pitarakis AP

The biggest scandal in the world right now has nothing to do with sex or celebrities. It's about an interest rate called LIBOR, or the London Interbank Offered Rate.

Most Americans probably never heard of LIBOR. When I first moved to New York, I hadn't. Back then, I could barely afford my apartment and got an adjustable rate mortgage. And so I wondered: When my rate adjusts, how will I know how much I'll be paying?

I searched through all the documents and it was right there — LIBOR. I would be paying a few percentage points above whatever LIBOR was.

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1:16am

Thu June 28, 2012
Planet Money

Going Public Is A Hassle

Originally published on Wed July 11, 2012 3:09 pm

Meh.
Richard Drew AP

Here's a classic story of how a multimillion-dollar company gets started.

A young guy named Seung Bak is on a trip to China. He gets back to his hotel room late one night and turns on the TV.

"I'm flipping through channels, and in the middle of China they are showing Korean dramas all around the clock," Bak says.

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1:04am

Fri May 4, 2012
Planet Money

Food Trucks Seek 'That Mystical Spot'

Originally published on Mon May 7, 2012 12:55 pm

Lam Thuy Vo NPR

The Rickshaw Dumpling Truck is a retired postal van, painted red and filled with Chinese dumplings. I'm riding shotgun with Kenny Lao, the van's co-owner. It's a weekday morning, and we're driving into Manhattan looking for a killer spot to set up shop for the day.

"I think there is that mystical spot in midtown that every truck owner dreams of," Lao says. "Easy parking. It's a wide sidewalk. There's no restaurant but there's lots of offices."

There are 3,000 year-round food trucks and carts competing for that mystical spot. And no one has an official place to park.

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1:00am

Thu April 26, 2012
Planet Money

On The Million-Dollar Trail Of A Mystery SuperPAC Donor

Originally published on Thu April 26, 2012 9:19 am

10:01pm

Thu March 1, 2012
Planet Money

What The IRS Could Learn From Mormons

The money Mormons tithe goes to The Church of Jesus Christ of Latter-day Saints headquarters in Salt Lake City, Utah, and then is distributed to congregations around the world.
Douglas C. Pizac AP

Many religious traditions stress the importance of charity. But Mormons are remarkable for the amount and the precision with which they give to their church.

The Church of Jesus Christ of Latter-day Saints teaches that each Mormon in good standing should tithe 10 percent of his or her income. The money goes right to church headquarters in Salt Lake City and then is distributed back to congregations around the world.

"That's written in stone, and preached from the pulpit," says Gordon Dahl, an economist at the University of California, San Diego, who is Mormon.

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