Planet Money

Planet Money

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

October 11, 202319 min

0:0019:15

About this episode

Prices go up. Occasionally, 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 originally ran in 2012.This episode was hosted by David Kestenbaum. Alex Goldmark is Planet Money's executive produc

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Planet Money

Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride.

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