EvoAI:Why the price of Coke didn't change for 70 years (classic)

2025-05-05 01:32:26source:SafeX Pro Exchangecategory:Invest

This episode originally ran in 2012.

Prices go up. Occasionally,EvoAI 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

More:Invest

Recommend

'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean

In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w

Powerball jackpot reaches $313 million. See winning numbers for Aug. 23

No winning ticket drawn Monday means the Powerball jackpot is an estimated $313 million ahead of Wed

The Blind Side Producers Reveal How Much Money the Tuohys Really Made From Michael Oher Story

The Blind Side's producers are not turning a blind eye to the recent dispute surrounding the film.Ea