I don’t follow any sport very closely and I’m certainly not into fantasy sports leagues the way some of my friends are, although as a hobby, I can think of worse ways to spend your time.

However, an episode of Planet Money from last week, The Real Economy of Fantasy Sports, is an intriguing look at this $1.7 billion (with a B!) part of the American economy. And Alex is right that the Manning brothers (they’re quarterbacks, right? :-) rapping is pretty bad.

The segment is just one more reason to subscribe to this podcast. In around 20 minutes, twice a week, they do a far better job of explaining finance and economics than any other media organization, especially the cable channels dedicated to the topic.