• Lessons
    • ELA
    • Social Studies
    • Science
    • Current Events
    • Collections
    • Search Lessons
  • How It Works
    • Product Tour
    • Why Listening
    • Listening Assessment
    • Lexile & Listening
    • English Learners
  • Pricing
  • Support
    • Support Center
    • Blog
    • Webinars
See All Lessons

Image licensed under CC BY 2.0

Incentives to Work Hard

Economics Planet Money

In 1930, the economist John Maynard Keynes wrote an essay in which he predicted that by the time his children were grown up, people would be working just 15 hours a week. Today, in some countries, people do work a bit less than they did fifty years ago, but Keynes’s prediction was essentially wrong. There is a counter-intuitive response to incentives, and that is one factor that keeps people working long hours. According to his descendants, Keynes himself was a workhorse who couldn’t slow down. Listen to this audio story to learn more about Keynes and why making money doesn’t necessarily free us to work less.

?L LEXILE AUDIO MEASURE

Tweet Share on Facebook

Want to Listen?

TEACHERS: Access our daily current events podcasts for free!


To access our podcast library for ELA, Social Studies, and Science including all of our Premium features, choose the free Premium Trial (no credit card required!) option when you join.

Already a Member? Login Now

Story Length: 3:59

Listen to the Story:

Listening Comprehension Questions

  • In what ways did Andrew Carnegie’s libraries serve their communities?
  • How did Carnegie benefit from a library when he was growing up?
  • Which personality traits helped propel Carnegie from poverty to riches? Bring specific details from the story to support your ideas.
  • According to Carnegie, what should rich people do with their money and why? Why was Carnegie known as both generous and “brutal”?

Discussion Themes

  • In your opinion, what should really rich people do with their fortunes?
  • What does it take for a person to rise from “rags to riches”?

Socrative users can import these questions using the following code: SOC-1234

Listening Organizers

  • Fact, Question, Response

  • Language Identification Organizer

  • Deeper Meaning Chart

Related Lessons

Social Studies

Public Goods and Government Spending

What should the government spend its money on? With a growing national debt this has become an important question. Economists see the government’s role in providing goods and services to be one that fills a need. The government should pay for things that make our lives better but that the private market cannot or will not provide. Listen to this story from Planet Money to learn the reasons why government has decided to pay for public goods such as lighthouses and autopsies.

Read More
Social Studies

Creation of the Federal Reserve

The Federal Reserve System is the central bank of the United States. It is responsible for the effective operation of the U.S. economy and conducts the nation’s monetary policy, stabilizes prices and moderates interest rates, and promotes the safety of individual financial institutions. In 1907, J. P. Morgan organized other leading financiers to backstop a run on banks and bring an end to a nationwide financial crisis. Later, with the encouragement of a powerful senator, a group of New York bankers went on to develop a plan for a central bank that was eventually adopted and that is still in effect today. Listen to the story to learn more about the formation of the Federal Reserve and America’s central banks by Congress.

Read More
Social Studies

Improving the Absenteeism Rate at Work

Scarcity is a basic economic problem: people have unlimited wants and needs, but the world has limited resources. Resources in that equation include materials, capital, and labor. A pasta factory in southern Italy faced a very particular sort of labor shortage. The Barilla pasta factory in Foggia, Italy had enough employees to keep up with production schedules, but the employees weren’t showing up to work. The absentee rate among workers threatened the survival of the plant. Listen to the story to learn how bosses and managers changed employees’ attitudes and behavior and solved their scarcity issue.

Read More
Social Studies

Technology, Subsidies, and Cotton

Chances are, you’re wearing something made from cotton. You can check the label on most garments to find out where they were made. But where was the cotton grown that was the starting point? This story tracks down the source of the cotton that went into a T-shirt. A spinning mill in Indonesia is where the fabric may have been made, and the cotton fields of Mississippi is where the cotton may have been grown. But cotton is grown all over the world. Why would a textile mill in Indonesia buy cotton from the U.S. when they can get it from much closer? Listen to this story to find out how technology and subsidies give American cotton farmers an advantage in international trade.

Read More

Lexile Audio Measure

The Lexile Audio Measure is an indicator of the complexity of an audio passage. It is based on a scientifically developed scale with a maximum score of 2000L.

How to Use Lexile Audio Measures

Find stories at the right level of complexity for your students, so that they will be challenged without being frustrated. The measures are categorized into low, medium, or high in order to aid teachers in story selection when they do not know students’ Lexile listening levels.

Listening Level Lexile Audio Measures
0L -1250L
1251L -1555L
1556L-2000L
Recommended Lexile Audio Measures by Grade Level

These recommended ranges are for instructional use of Listenwise audio content in combination with supports such as the interactive transcript, etc.

Grade Lexile Audio Measures (Recommended Ranges)
1 215L - 610L
2 490L - 855L
3 725L - 1060L
4 945L - 1250L
5 1045L - 1350L
6 1125L - 1430L
7 1190L - 1500L
8 1250L - 1555L
9 1300L - 1610L
10 1345L - 1655L
11/12 1385L - 1695L
  • listenwise white logo
  • LESSONS
  • ELA
  • Social Studies
  • Science
  • Current Events
  • HOW IT WORKS
  • Product Tour
  • Why Listening
  • Listening Assessment
  • PRICING
  • ABOUT
  • Team
  • Press
  • Careers
  • Contact Us
  • RESOURCE LIBRARY
  • Case Studies
  • Webinars
  • Support Center
  • WAYS TO FOLLOW
  • Listenwise Blog
  • Facebook
  • Twitter
  • Instagram
Get our Newsletter
Terms & Privacy
  © Copyright 2021 Listenwise. All Rights reserved.
Image Spp signatory rect sm
ACCEPT AND CLOSE

Listenwise uses cookies to provide the best experience possible. By continuing to use this site, you are agreeing to our use of cookies. Read our Privacy Policy

Join For Free

Welcome

Sign up for a free account.


I am an Educator
I am a Student

Welcome Back

Let's get you logged in.


I am an Educator
I am a Student