Current:Home > reviewsSurpassing:Why the price of Coke didn't change for 70 years (classic) -Edge Finance Strategies
Surpassing:Why the price of Coke didn't change for 70 years (classic)
SignalHub View
Date:2025-04-07 21:43:19
This episode originally ran in 2012.
Prices go up. Occasionally,Surpassing prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late 1950s, a bottle of coke cost just a nickel.
On today's show, we find out why. The answer includes a half a million vending machines, a 7.5 cent coin, and a company president who just wanted to get a couple of lawyers out of his office.
This episode was hosted by David Kestenbaum. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: "I'd Like To Buy The World A Coke" by New Seekers and "Always Coca-Cola" by Joey Diggs
veryGood! (4)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Latino advocacy group asks judge to prevent border proposal from appearing on Arizona’s ballot
- Georgia regents nominate current Augusta University administrator as next president
- Ex-Wisconsin warden, 8 others charged after investigation into inmate deaths
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- What in the world does 'match my freak' mean? More than you think.
- How Brittany Cartwright Really Feels About Jax Taylor Dating Again After Their Breakup
- A look back at D-Day: Why the World War II invasion remains important on its 80th anniversary
- Skins Game to make return to Thanksgiving week with a modern look
- Secret Service head says RNC security plans not final as protesters allege free speech restrictions
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Dogs are mauling and killing more people. What to do pits neighbor against neighbor
- Kendall Jenner spills what she saw on Gerry Turner's phone before 'Golden Bachelor' finale
- The costs of World War II and the war in Ukraine fuse as Allies remember D-Day without Russia
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Quicksand doesn’t just happen in Hollywood. It happened on a Maine beach
- In the UK’s top baseball league, crowds are small, babysitters are key and the Mets are a dynasty
- Trump to campaign in Arizona following hush money conviction
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Brittany Mahomes Shares “Sad” Update on Her and Patrick’s Future Family Pets
We love competitiveness in men's sports. Why can't that be the case for the WNBA?
Jelly Roll and Wife Bunnie XO Share Their Plans to Have a Baby Through IVF
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
The backlog of Honolulu building permits is taking a toll on city revenue
Giraffe’s nibble turns into airborne safari adventure for Texas toddler
Over 1.2 million rechargeable lights are under recall for fire hazards, following one reported death