Episode 549: A Teenager's Guide to Doing Business in North Korea

Enlarge this image Kyodo /Landov Kyodo /Landov

The dream of socialist North Korea was that the government would control every part of the economy. No need for private businesses or stores - the state would give you everything. People were not supposed to sell to each other. Ever. On today's show: how markets sprung up anyway.

Music: HyunA's "Bubble Pop!" Find us: Twitter/ Facebook/ Spotify. Download the Planet Money iPhone App.